NOT LISTED FOR SALE

4137 W Court St Flint, MI 48532

Estimated Value: $674,862

3 Beds
12 Baths
4,400 Sq Ft
$153/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $312,500 $71 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $4,467/month

443 Days on Market

About This Home

As of May 2017

UPDATED Apartments for sale.2 Fourplex Units. These are Rented And Professionally Managed. If You Are Looking For A Great Investment This One Is For You. Will Provide Rent Roll And Expense Sheet To Interested Party. Please Do Not Disturb Tenants.

Last Listed By

Nadeem Gebrael

Gebrael Management License #FAAR-122418 Listed on: 12/17/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1999

Lot Details

  • 4 Acre Lot
  • Lot Dimensions are 100x430

Home Design

  • Vinyl Siding

Interior Spaces

  • 3 Bedrooms
  • 2-Story Property
  • Finished Basement
  • Block Basement Construction

Utilities

  • Forced Air Heating System

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 0716400009

Property Details

Home Type

Multi-Family

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1999
  • Mail City: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Block, Finished
  • Bedrooms: 3
  • Estimated Sq Ft: 4400

Exterior Features

  • Construction: Vinyl Siding
  • Frontage: 100
  • Foundation Type: Basement
  • Roads: Paved Street
  • Frontage Type: Road

Utilities

  • Water: Private Well
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public At Street

Lot Info

  • Assessor Parcel Number: 0716400009
  • Lot Dimensions: 100X430
  • Acreage: 4
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Water/Sewer

Tax Info

  • Summer Tax: Amount: $7,079.00
  • Winter Tax: Amount: $2,601.00
  • Total Tax: Amount: $9,680.00

Multi Family

  • Total Units: 8

MLS Schools

  • School District: Flint City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2024
Sold by
Court Street Townhomes Llc
Bought by
Michigan Realty Collective Llc
Total Days on Market
443
Current Estimated Value
$674,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$397,254
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$277,608

Purchase Details

Closed on
Sep 21, 2018
Sold by
Real Property Development Llc
Bought by
Court Street Townhomes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 17, 2015
Closed on
May 31, 2017
Sold by
R C Pulmbing Llc
Bought by
Court Street Townhomes Llc
Seller's Agent
Nadeem Gebrael
Gebrael Management
Buyer's Agent
Nadeem Gebrael
Gebrael Management
List Price
$599,000
Sold Price
$312,500
Premium/Discount to List
-$286,500
-47.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.12%

Purchase Details

Closed on
Jul 18, 2006
Sold by
Rc Plumbing Llc
Bought by
Real Property Development Llc

Purchase Details

Closed on
Oct 1, 2004
Sold by
Nemer Enterprises Llc
Bought by
R C Plumbing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 18, 1999
Sold by
Nemer Kahlil and Nemer Dianne
Bought by
Nemer Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
6.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 9, 1999
Sold by
Duley Lawrence and Duley Marion
Bought by
Klein Arthur R and Klein Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
6.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 24, 1998
Sold by
Klein Arthur R and Klein Kathleen
Bought by
Nemer Enterprises Llc

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
Michigan Realty Collective Llc $700,000 Dream Title & Escrow
Michigan Realty Collective Llc $700,000 Dream Title & Escrow
Court Street Townhomes Llc $312,500 None Available
Court Street Townhomes Llc -- None Available
Real Property Development Llc -- None Available
R C Plumbing Llc $540,000 First American Title
Nemer Enterprises Llc -- Sargents Title Company Llc
Klein Arthur R $11,500 Sargents Title Company Llc
Nemer Enterprises Llc $18,000 Sargents Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michigan Realty Collective Llc $400,000
Closed Michigan Realty Collective Llc $400,000
Previous Owner Court Street Townhomes Lc $350,000
Previous Owner R C Plumbing Llc $405,000
Previous Owner Nemer Enterprises Llc $395,000
Closed Court Street Townhomes Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $312,500 -47.8% $71 / Sq Ft
03/04/2017 03/04/17 Pending -- -- --
12/17/2015 12/17/15 For Sale $599,000 -- $136 / 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 $8,285 $204,100 $0 $0
2023 $8,221 $204,100 $0 $0
2022 $7,125 $204,100 $0 $0
2021 $3,491 $204,100 $0 $0
2020 $8,167 $204,100 $0 $0
2019 $8,175 $204,100 $0 $0
2018 $11,399 $183,700 $0 $0
2017 $9,276 $183,700 $0 $0
2016 $9,415 $161,200 $0 $0
2015 $9,641 $167,400 $0 $0
2014 $7,007 $167,400 $0 $0
2012 -- $167,400 $33,700 $133,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 30054493

Michigan Multiple Listing Service

APN: 07-16-400-009