NOT LISTED FOR SALE

Estimated Value: $289,658

6 Beds
6 Baths
4,300 Sq Ft
$67/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $195,000 $45 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,892/month

2 Days on Market

Highlights

  • 0.32 Acre Lot
  • Accessible Approach with Ramp
  • Accessible Doors
  • Ranch Style House
  • Accessible Bedroom
  • Forced Air Heating System

About This Home

As of June 2021

Very nicely maintained six unit property on a quite side street. Walking distance to local bus stops, schools, and shopping. Long-standing rental history and a turnkey operation. All units are one bedroom and have in-unit laundry hookups. Recent capex improvements include new roofs, new furnaces, new water heater heaters, and new electrical panels. All units nicely maintained with long term tenants. Gas and electric paid by tenants. Submeters on site to submeter the water and sewer per unit. Excellent turnkey opportunity to boost your real estate investment portfolio!

Last Agent to Sell the Property

Mark Yuschak

American Associates Inc License #6502368686 Listed on: 06/17/2021

Last Buyer's Agent

Jeffrey Lubeski

3DX Real Estate-Brighton License #6501371296

3DX Real Estate-Brighton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1965

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 164.30x85.00
  • Fenced

Parking

  • 10 Parking Spaces

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 6 Full Bathrooms
  • 4,300 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Accessible Home Design

  • Accessible Bedroom
  • Central Living Area
  • Accessible Doors
  • Accessible Approach with Ramp

Outdoor Features

  • Exterior Lighting

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4733376075

Community Details

Overview

  • 6 Units

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,272

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1965
  • State Equalized Value: 43700.0000
  • Accessibility Features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Central Living Area, Accessible Doors
  • Pets Allowed: Cats OK | Dogs OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Sq Ft Combined: 4300
  • Total Sq Ft: 4300

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 164
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Total Parking Spaces: 10

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Flint

Lot Info

  • List Price per Acre: 593750.0000
  • Lot Size Area: 0.32
  • Lot Dimensions: 164.30X85.00
  • Parcel Number: 4733376075
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer, Water
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2860

Tax Info

  • Tax Amount Summer: 2091.0000
  • Tax Amount Winter: 181.0000
  • Total Tax: 2272.0000
  • Taxable Value: 30379.0000

Multi Family

  • Gross Scheduled Income: 34320.00
  • Number Of Units Total: 6
  • Unit Count: 4
  • Number of One Bedroom Units: 6
  • Number Of Units Leased: 6

MLS Schools

  • School District: Flint

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Jun 30, 2021
Sold by
Shinabarger Leroy
Bought by
18661 San Juan Llc and Hartland Investing Llc
Seller's Agent
Mark Yuschak
American Associates Inc
Buyer's Agent
Jeffrey Lubeski
3DX Real Estate-Brighton
List Price
$190,000
Sold Price
$195,000
Premium/Discount to List
$5,000
2.63%
Current Estimated Value
$289,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,658
Avg. Annual Appreciation
10.25%

Purchase Details

Closed on
Jun 15, 2020
Sold by
Mey Investments Inc
Bought by
Shinabarger Zachary

Purchase Details

Closed on
Mar 31, 2020
Sold by
Shinabarger Zachary
Bought by
Shinabarger Leroy

Purchase Details

Closed on
May 30, 2012
Sold by
Mey Investments Inc
Bought by
Shinabarger Zachary

Purchase Details

Closed on
Apr 25, 2011
Sold by
Oliver James D and Olvier Kathryn F
Bought by
Mey Investments Inc

Purchase Details

Closed on
May 30, 2001
Sold by
Oliver James D and Oliver Kathryn F
Bought by
Mey Investments Inc
Source: Public Records

Similar Home in Flint, MI

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    Multi-family apartments with commercial space in the bottom portion of the building. 6 units with great income potential. Close to colleges, expressways and bus stops across the street. Seller Financing Available. Buyers agent to verify all information in this listing.

    Nadeem Gebrael Gebrael Management

    Section Image

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
18661 San Juan Llc $195,000 Liberty Title
Shinabarger Zachary -- Mi Title Company
Shinabarger Leroy -- Dream Title And Escrow Agcy
Shinabarger Zachary -- None Available
Mey Investments Inc -- None Available
Mey Investments Inc $65,000 Cislo Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $195,000 +2.6% $45 / Sq Ft
06/20/2021 06/20/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $190,000 -- $44 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,418 $62,300 $0 $0
2023 $4,500 $58,900 $0 $0
2022 $0 $47,100 $0 $0
2021 $3,262 $43,700 $0 $0
2020 $2,091 $43,700 $0 $0
2019 $2,011 $43,700 $0 $0
2018 $2,103 $43,700 $0 $0
2017 $2,035 $0 $0 $0
2016 $2,017 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $29,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210047133

Realcomp

APN: 47-33-376-075