NOT LISTED FOR SALE

Estimated Value: $124,000 - $138,756

8 Beds
4 Baths
3,282 Sq Ft
$40/Sq Ft Est. Value

Last Sold January 28, 2021

Last sale price $100,000 $30 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $945/month

5 Days on Market

About This Home

As of January 2021

Investors!!!!! Instant Returns here. This 4 unit is already professionally managed as well. Right in the heart of downtown and close to all major expressways and walking distance to the farmers market and many other revitalized attractions. This is one to add to your portfolio or a great start to your passive income dreams and goals. Please do not disturb tenants and see agent remarks. Buyers agent to verify all info. Offers due by Monday 11/16 by 5pm

Last Listed By

Tommy McHale

Keller Williams First License #6501387823 Listed on: 11/11/2020

Keller Williams First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1958 | Remodeled in 2018

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 167.64x150.23

Parking

  • Unassigned Parking

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 4 Full Bathrooms
  • 3,282 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4118485043

Community Details

Overview

  • 4 Units
  • C H Abbott's Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,072

Year Built

Built in 1958 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 770.1
  • Year Built: 1958
  • State Equalized Value: 20500.0000
  • Year Renovated: 2018
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3282
  • Total Sq Ft: 3282
  • Sq Ft Total Bsmt: 1641

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 167
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer-Sanitary
  • Water Source: Municipal Water
  • Laundry Facilities: No

Schools

  • School District: Flint

Lot Info

  • List Price per Acre: 172241.3793
  • Lot Size Area: 0.58
  • Lot Dimensions: 167.64x150.23
  • Parcel Number: 4118485043
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1825

Tax Info

  • Tax Amount Summer: 1965.0000
  • Tax Amount Winter: 107.0000
  • Total Tax: 2072.0000
  • Taxable Value: 18240.0000

Multi Family

  • Gross Scheduled Income: 21900.00
  • Number Of Units Total: 4
  • Unit Count: 4
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 3

MLS Schools

  • School District: Flint

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2025
Sold by
Genesee County
Bought by
Servbank Sb
Total Days on Market
5
Current Estimated Value
$130,939

Purchase Details

Listed on
Nov 11, 2020
Closed on
Jan 28, 2021
Sold by
Kennedy Christopher L
Bought by
Miller Jeremiah Allen
Seller's Agent
Tommy McHale
Keller Williams First
Buyer's Agent
Sebastian Cowgill
Our Home & Co Real Estate LLC
List Price
$99,900
Sold Price
$100,000
Premium/Discount to List
$100
0.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$98,188
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 11, 2016
Sold by
Brandt Raymond F and Brandt Doris Ella
Bought by
Kennedy Christopher L

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
Servbank Sb $93,940 None Listed On Document
Miller Jeremiah Allen $100,000 Michigan First Title Agency
Kennedy Christopher L $27,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Jeremiah Allen $98,188
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2021 01/28/21 Sold $100,000 +0.1% $30 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
11/11/2020 11/11/20 For Sale $99,900 -- $30 / 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 $2,582 $32,600 $0 $0
2023 $2,519 $27,600 $0 $0
2022 $0 $24,000 $0 $0
2021 $2,109 $21,200 $0 $0
2020 $1,965 $20,500 $0 $0
2019 $1,419 $17,900 $0 $0
2018 $2,048 $19,700 $0 $0
2017 $2,112 $0 $0 $0
2016 $1,978 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200093123

Realcomp

APN: 41-18-485-043