NOT LISTED FOR SALE

5038 Merit Dr Flint, MI 48506

Estimated Value: $161,000 - $186,000

4 Beds
1 Bath
1,984 Sq Ft
$87/Sq Ft Est. Value

Last Sold May 02, 2014

Last sale price $72,000 $36 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $1,003/month

84 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Direct Access Garage
  • Shed
  • Fenced Yard
  • Porch
  • Baseboard Heating

About This Home

As of May 2014

Lease or buy, this beautiful remodeled home 3/4 bedrooms in the Kearsley school district. this home has been re-done from top to bottom and is move in ready. All new furnace, plumbing, roof, electrical, carpet, water heater, windows and paint. Don't want to miss this gem in a quiet neighborhood. All serious offers will be considered.

Last Agent to Sell the Property

Jaime Vasquez

Century 21 Metro Brokers License #FAAR-6501376674 Listed on: 01/17/2014

Century 21 Metro Brokers

Last Buyer's Agent

Mirs Staff

MiRealSource Michigan MLS License #MISPE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1966

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 86x178
  • Fenced Yard

Home Design

  • Tri-Level Property

Interior Spaces

  • 1,984 Sq Ft Home
  • Family Room
  • Finished Basement
  • Sump Pump
  • Dishwasher
  • Washer

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Direct Access Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Shed
  • Porch

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Internet Available

Community Details

  • Cortland Park Subdivision

Listing and Financial Details

  • Security Deposit $850
  • Assessor Parcel Number 1135502010

Home Details

Home Type

Single Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: Tri-Level
  • Total Tax Amount: 2158.7
  • Year Built: 1966
  • Mail City: Flint
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors, Sump Pump
  • Appliances: Dishwasher, Washer
  • Basement: Yes
  • Basement: Finished
  • Bedrooms: 4
  • Bedroom 1: On Upper Floor, Dimensions: 12 x 10
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: Dimensions: 10 x 9
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: Dimensions: 9 x 10
  • Bedroom 3 Floor Covering: Wood
  • Bedroom 4: Dimensions: 12 x 9
  • Bedroom 4 Floor Covering: Wood
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room Types: Family Room
  • Family Room: Dimensions: 19 x 12
  • Family Room Floor Covering: Carpet
  • Kitchen: Dimensions: 10 x 18
  • Kitchen Floor Covering: Vinyl
  • Living Room: Dimensions: 13 x 18
  • Living Room Floor Covering: Wood
  • Other Room1: Dimensions: 6x7, On Level: L
  • Below Grade Sq Ft: 560
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1424
  • Total Finished Sq Ft: 1984

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Fenced Yard, Porch
  • Foundation: Basement
  • Frontage: 86
  • Road: Paved Street
  • Out Buildings: Shed
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Gar Door Opener, Workshop, Direct Access
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Baseboard
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary, Public At Street
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 1135502010
  • Lot Dimensions: 86x178
  • Acreage: 0.35
  • Geo Subdivision: MI

Rental Info

  • Lease: Yes
  • LeaseInfo: Option to Purchase
  • Security Deposit: 850

Tax Info

  • Summer Tax: Amount: $445.83
  • Winter Tax: Amount: $1,712.87
  • Total Tax: Amount: $2,158.70

MLS Schools

  • School District: Kearsley Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2014
Closed on
May 23, 2014
Sold by
Joubran Eva and Joubran Joseph
Bought by
Morris Jared W
Seller's Agent
Jaime Vasquez
Century 21 Metro Brokers
Buyer's Agent
Mirs Staff
MiRealSource Michigan MLS
List Price
$76,000
Sold Price
$72,000
Premium/Discount to List
-$4,000
-5.26%
Current Estimated Value
$173,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,235
Avg. Annual Appreciation
7.70%
Original Mortgage
$70,695
Interest Rate
4.34%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 20, 2012
Closed on
Nov 30, 2012
Sold by
Stonecrest Income & Opportunity Fund 1 L
Bought by
Joubran Eva and Joubran Joseph
Seller's Agent
Dan Kitchen
Brookstone, Realtors LLC
Buyer's Agent
Sue Rasak
RE/MAX Select
List Price
$27,500
Sold Price
$27,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
96.95%

Purchase Details

Closed on
Sep 5, 2012
Sold by
Abdallah Nasri M and Abdallah Ghada
Bought by
Stonecrest Income & Oppurtunity Fund I L

Purchase Details

Closed on
Mar 1, 2000
Sold by
Andoni Basil
Bought by
Abdallah Nasri M
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
Morris Jared W $72,000 Mason Burgess Title Agency
Joubran Eva $27,500 Title One Inc
Stonecrest Income & Oppurtunity Fund I L $19,948 None Available
Abdallah Nasri M -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Jared W $4,251
Previous Owner Morris Jared W $70,695
Previous Owner Abdallah Nasri M $124,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2014 05/02/14 Sold $72,000 -5.3% $36 / Sq Ft
04/11/2014 04/11/14 Pending -- -- --
01/17/2014 01/17/14 For Sale $76,000 +176.4% $38 / Sq Ft
11/30/2012 11/30/12 Sold $27,500 0.0% $19 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
09/20/2012 09/20/12 For Sale $27,500 -- $19 / 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 $553 $77,500 $0 $0
2023 $528 $70,400 $0 $0
2022 $1,698 $63,100 $0 $0
2021 $1,683 $56,700 $0 $0
2020 $483 $51,500 $0 $0
2019 $475 $45,700 $0 $0
2018 $1,609 $42,300 $0 $0
2017 $1,541 $41,000 $0 $0
2016 $1,529 $38,800 $0 $0
2015 $1,446 $42,600 $0 $0
2014 $431 $39,000 $0 $0
2012 -- $36,900 $36,900 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jaime Vasquez

    Century 21 Metro Brokers

    Section Image

  • M

    Buyer's Agent in 2014

    Mirs Staff

    MI_MiRealSource

  • Dan Kitchen

    Seller's Agent in 2012

    Dan Kitchen

    Brookstone, Realtors LLC

    (810) 516-2301

    33 Total Sales

    Dan Kitchen
    Section Image
  • Sue Rasak

    Buyer's Agent in 2012

    Sue Rasak

    RE/MAX Michigan

    (810) 240-4400

    11 Total Sales

    Sue Rasak
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 30033741

Michigan Multiple Listing Service

APN: 11-35-502-010

Michigan Genesee County Flint 48506

5038 Merit Dr, Flint, MI

This home is located at 5038 Merit Dr, Flint, MI 48506 since 17 January 2014 and is currently estimated at $173,235, approximately $87 per square foot. This property was built in 1966. 5038 Merit Dr is a home located in Genesee County with nearby schools including Weston Elementary School, Kate Dowdall Elementary School, and Leota Fiedler 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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