NOT LISTED FOR SALE

506 E Main St Flushing, MI 48433

Estimated Value: $233,541 - $275,000

5 Beds
3 Baths
2,100 Sq Ft
$121/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $174,900 $83 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,743/month

2 Days on Market

Highlights

  • Deck
  • Patio
  • Forced Air Heating System
  • Balcony
  • Awning
  • Private Entrance

About This Home

As of September 2019

Beautiful duplex located in the heart of Downtown Flushing! Totally remodeled in 2014. Some updates include: Lenox 97% Furnace and AC. Metal roof. Siding and windows. Too many to list! This gem won’t last long! Both units are rented out with outstanding tenants that pay their rent and keep the house clean! The electric and gas bills are included under documents so you can take a look. Hurry this positive net cash flow duplex won’t last long!!

Last Agent to Sell the Property

Merrie Johnson

Berkshire Hathaway HomeServices Michigan Real Est License #6501272667 Listed on: 08/19/2019

Berkshire Hathaway HomeServices Michigan Real Est

Co-Listed By

Joshua Lee

Real Estate For A CAUSE License #6501344395

Last Buyer's Agent

Eric Stamm

Eric Stamm Team Real Estate License #6502405665

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910 | Remodeled in 2015

Lot Details

  • Lot Dimensions are 66x66x149x148
  • Private Entrance
  • Fenced

Home Design

  • Duplex
  • Stone Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 2,100 Sq Ft Home
  • 2-Story Property
  • Awning
  • Unfinished Basement

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1910 | Remodeled in 2015

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1910
  • Year Renovated: 2015
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2100

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Composition
  • Exterior Features: Awning/Overhang(s), Fenced, Private Entry
  • Foundation Materials: Stone
  • Porch Type: Balcony, Deck, Patio
  • Road Frontage Type: Paved

Utilities

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

Lot Info

  • Lot Dimensions: 66X66X149X148
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2150

Tax Info

  • Tax Amount Summer: 3155.0000
  • Tax Amount Winter: 2242.0000
  • Total Tax: 5397.0000

Multi Family

  • Gross Scheduled Income: 25800.00
  • Number Of Units Total: 3

MLS Schools

  • School District: Flushing

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2019
Sold by
Kendall Perry E and Kendall Patrice A
Bought by
Kendall Perry E and Kendall Patrice A
Current Estimated Value
$254,385

Purchase Details

Listed on
Aug 19, 2019
Closed on
Oct 2, 2019
Sold by
Sedlak Leslie and Sedlak Leslie K
Bought by
E & M Estate Llc
Seller's Agent
Merrie Johnson
Berkshire Hathaway HomeServices Michigan Real Est
Buyer's Agent
Eric Stamm
Eric Stamm Team Real Estate
List Price
$179,900
Sold Price
$174,900
Premium/Discount to List
-$5,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%
Original Mortgage
$139,920
Outstanding Balance
$122,306
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$132,079

Purchase Details

Listed on
Aug 19, 2019
Closed on
Sep 20, 2019
Sold by
Kendall Perry and Kendall Patty
Bought by
Sedlak Leslie
Seller's Agent
Merrie Johnson
Berkshire Hathaway HomeServices Michigan Real Est
Buyer's Agent
Eric Stamm
Eric Stamm Team Real Estate
List Price
$179,900
Sold Price
$174,900
Premium/Discount to List
-$5,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,920
Outstanding Balance
$122,306
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$132,079

Purchase Details

Closed on
Mar 27, 2018
Sold by
Kendall Perry E and Kendall Patrice A
Bought by
Kendall Perry E and Kendall Patrice A

Purchase Details

Closed on
Mar 8, 2017
Sold by
Witzman Susan Carol
Bought by
Hildebrandt Mark Edward
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kendall Perry E -- None Available
E & M Estate Llc -- None Available
Sedlak Leslie $174,900 Transnation Title
Kendall Perry E -- None Available
Hildebrandt Mark Edward -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sedlak Leslie $139,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $174,900 -2.8% $83 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $179,900 -- $86 / Sq Ft
Source: Realcomp

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
2025 $5,191 $112,700 $0 $0
2024 $4,535 $101,400 $0 $0
2023 $4,367 $96,400 $0 $0
2022 $4,683 $88,400 $0 $0
2021 $4,683 $65,500 $0 $0
2020 $4,026 $65,900 $0 $0
2019 $2,905 $58,400 $0 $0
2018 $3,155 $45,200 $0 $0
2017 $3,015 $42,200 $0 $0
2016 $3,164 $44,726 $0 $0
2015 $3,145 $0 $0 $0
2012 -- $43,200 $43,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Merrie Johnson

    Seller's Agent in 2019

    Merrie Johnson

    Berkshire Hathaway HomeServices Michigan Real Est

    (810) 730-2522

    16 in this area

    266 Total Sales

    Merrie Johnson
    Section Image
  • Joshua Lee

    Seller Co-Listing Agent in 2019

    Joshua Lee

    Real Estate For A CAUSE

    (810) 423-3617

    5 in this area

    68 Total Sales

    Joshua Lee
    Section Image
  • Eric Stamm

    Buyer's Agent in 2019

    Eric Stamm

    Eric Stamm Team Real Estate

    (810) 730-3434

    25 in this area

    222 Total Sales

    Eric Stamm
    Section Image
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Map

Source: Realcomp

MLS Number: 219085377

Realcomp

APN: 55-26-552-200

Michigan Genesee County Flushing 48433

506 E Main St, Flushing, MI

Not Listed for Sale

MultiFamily

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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