NOT LISTED FOR SALE

404 S State Rd Davison, MI 48423

Estimated Value: $186,000 - $266,000

5 Beds
5 Baths
2,800 Sq Ft
$82/Sq Ft Est. Value

Last Sold June 23, 2016

Last sale price $81,000 $29 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $1,391/month

Highlights

  • Forced Air Heating System
  • Hill Elementary School Rated A-
  • Wood Siding

About This Home

As of June 2016

Expand your portfolio with this historic 5 unit in the heart of Davison. Zoned Residential or Commercial. Be a landlord or start a business. Utilize the exposure M-15 has to offer. Brand new roof and furnace. Each unit set up with own kitchen,bathroom,living room and bedroom.

Last Agent to Sell the Property

Jordan Thompson

REMAX Edge License #FAAR-123878 Listed on: 04/13/2016

REMAX Edge

Last Buyer's Agent

Non Member

Non-Member License #FAAR-123696

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 7,841 Sq Ft Lot
  • 100 Ft Wide Lot

Home Design

  • Wood Siding

Interior Spaces

  • 5 Bedrooms
  • 2-Story Property
  • Finished Basement

Utilities

  • Forced Air Heating System

Community Details

  • 5 Units
  • Assrs 5 Flint Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5209576013

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2798
  • Year Built: 1918
  • Mail City: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Bedrooms: 5
  • Estimated Sq Ft: 2800

Exterior Features

  • Construction: Wood
  • Frontage: 100
  • Foundation Type: Basement
  • Frontage Type: Road

Utilities

  • Water: Community
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 5209576013
  • Acreage: 0.18
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Water/Sewer, Electric

Tax Info

  • Summer Tax: Amount: $1,350.00
  • Winter Tax: Amount: $1,448.00
  • Total Tax: Amount: $2,798.00

Multi Family

  • Total Units: 5

MLS Schools

  • School District: Davison Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2016
Closed on
Jun 23, 2016
Sold by
The Brahce Family Trust
Bought by
Toth Properties Llc
Seller's Agent
Jordan Thompson
REMAX Edge
Buyer's Agent
Non Member
Non-Member
List Price
$89,900
Sold Price
$81,000
Premium/Discount to List
-$8,900
-9.9%
Current Estimated Value
$230,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,854
Avg. Annual Appreciation
10.88%
Original Mortgage
$63,115
Outstanding Balance
$51,152
Interest Rate
3.64%
Mortgage Type
Unknown
Estimated Equity
$159,555

Purchase Details

Closed on
Dec 19, 1997
Sold by
Brahce Jack D and Brahce Catherine R
Bought by
The Brahce Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Toth Properties Llc $81,000 Cislo Title Co
The Brahce Family Trust -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2016 06/23/16 Sold $81,000 -9.9% $29 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $89,900 -- $32 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,069 $87,400 $0 $0
2023 $1,984 $81,100 $0 $0
2022 $4,082 $76,200 $0 $0
2021 $3,852 $72,400 $0 $0
2020 $1,721 $69,600 $0 $0
2019 $1,698 $63,800 $0 $0
2018 $3,467 $53,200 $0 $0
2017 $3,341 $52,200 $0 $0
2016 $2,889 $48,800 $0 $0
2015 $2,975 $43,900 $0 $0
2012 -- $42,700 $42,700 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jordan Thompson

    RE/MAX Michigan

    Section Image

  • N

    Buyer's Agent in 2016

    Non Member

    Non-Member

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 30057059

Michigan Multiple Listing Service

APN: 52-09-576-013

Michigan Genesee County Davison 48423

404 S State Rd, Davison, MI

This home is located at 404 S State Rd, Davison, MI 48423 since 13 April 2016 and is currently estimated at $230,854, approximately $82 per square foot. This property was built in 1918. 404 S State Rd is a home located in Genesee County with nearby schools including Thomson Elementary School, Hill Elementary School, and Gates Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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