NOT LISTED FOR SALE

508 E Main St Flushing, MI 48433

Estimated Value: $230,000 - $253,000

4 Beds
2 Baths
1,944 Sq Ft
$123/Sq Ft Est. Value

Last Sold June 17, 2024

Last sale price $230,000 $118 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,569/month

7 Days on Market

Highlights

  • Deck
  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • Enclosed Patio or Porch
  • Garage

About This Home

As of June 2024

Beautiful Main Street Duplex right in the heart of downtown Flushing! Unit one- 3 bedroom, 1 bath. Unit two- 1 bedroom, 1 bath. Both units have their own laundry and are currently rented with long-term tenants. Enclosed porch, deck, basement, nice yard with storage shed. Many updates and well maintained.

Last Agent to Sell the Property

Kari Hartley

RE/MAX Town & Country License #6501289759 Listed on: 05/03/2024

RE/MAX Town & Country

Last Buyer's Agent

Kari Hartley

RE/MAX Town & Country License #6501289759 Listed on: 05/03/2024

RE/MAX Town & Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1938

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 66.00 x 149.00

Parking

  • Garage

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,944 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5526552197

Community Details

Overview

  • 2 Units
  • Enlarged Plat Of Flushing Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,086

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1938
  • State Equalized Value: 78500.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1944
  • Total Sq Ft: 1944
  • Sq Ft Total Bsmt: 1284

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 66
  • Porch Type: Deck, Porch - Enclosed, Porch, Enclosed
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Flushing

Lot Info

  • Lot Size Area: 0.22
  • Lot Dimensions: 66.00 x 149.00
  • Parcel Number: 5526552197
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1925

Tax Info

  • Tax Amount Summer: 3494.0000
  • Tax Amount Winter: 592.0000
  • Total Tax: 4086.0000
  • Taxable Value: 56184.0000

Multi Family

  • Gross Scheduled Income: 23100.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Flushing

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Jun 17, 2024
Sold by
Stephens Kurt A and Sephens Dana A
Bought by
2016 Deborah Sorenson Trust and Sorenson
Seller's Agent
Kari Hartley
RE/MAX Town & Country
Buyer's Agent
Kari Hartley
RE/MAX Town & Country
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Views
34
Current Estimated Value
$239,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,654
Avg. Annual Appreciation
3.29%
Original Mortgage
$117,600
Outstanding Balance
$116,222
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$123,432

Purchase Details

Listed on
Aug 20, 2019
Closed on
Nov 21, 2019
Sold by
Kendall Perry E and Kendall Patrice A
Bought by
Kendall Perry E and Kendall Patrice A
Seller's Agent
Eric Stamm
Eric Stamm Team Real Estate
Buyer's Agent
Joshua Lee
Real Estate For A CAUSE
List Price
$169,900
Sold Price
$150,000
Premium/Discount to List
-$19,900
-11.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%
Original Mortgage
$112,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2019
Closed on
Oct 8, 2019
Sold by
Kendall Perry and Kendall Patrice
Bought by
Stephens Kurt A and Stephens Dana A
Seller's Agent
Eric Stamm
Eric Stamm Team Real Estate
Buyer's Agent
Joshua Lee
Real Estate For A CAUSE
List Price
$169,900
Sold Price
$150,000
Premium/Discount to List
-$19,900
-11.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2019
Closed on
Oct 7, 2019
Sold by
Kendall Perry E and Kendall Patrice A
Bought by
Perry Kendall and Kendall Patrice
Seller's Agent
Eric Stamm
Eric Stamm Team Real Estate
Buyer's Agent
Joshua Lee
Real Estate For A CAUSE
List Price
$169,900
Sold Price
$150,000
Premium/Discount to List
-$19,900
-11.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
3.5%
Mortgage Type
New Conventional

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
Aug 31, 2004
Sold by
Carter Chad
Bought by
Kendall Perry and Kendall Patrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2002
Sold by
Heath Mary Louise
Bought by
Carter Chad

Purchase Details

Closed on
Mar 13, 2002
Sold by
Heath Mary Louise and Horn Patricia
Bought by
Heath Mary Louise
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2016 Deborah Sorenson Trust $230,000 Mason Burgess Title
Kendall Perry E -- None Available
Stephens Kurt A $150,000 Bell Title Agency Of Genesee
Perry Kendall -- None Available
Kendall Perry E -- None Available
Kendall Perry $127,500 Centennial Title Insurance A
Carter Chad $113,000 Sargents Title Company
Heath Mary Louise -- Sargents Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2016 Deborah Sorenson Trust $117,600
Previous Owner Stephens Kurt A $112,500
Previous Owner Kendall Perry $107,800
Previous Owner Kendall Perry $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Sold $230,000 -8.0% $118 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $249,900 +66.6% $129 / Sq Ft
10/08/2019 10/08/19 Sold $150,000 -11.7% $77 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
08/20/2019 08/20/19 For Sale $169,900 -- $87 / 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 $3,632 $82,600 $0 $0
2023 $3,494 $78,500 $0 $0
2022 $3,637 $72,000 $0 $0
2021 $3,637 $51,800 $0 $0
2020 $3,130 $52,100 $0 $0
2019 $1,909 $58,700 $0 $0
2018 $2,111 $56,700 $0 $0
2017 $2,009 $56,100 $0 $0
2016 $1,993 $30,334 $0 $0
2015 $1,984 $0 $0 $0
2012 -- $29,300 $29,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240029735

Realcomp

APN: 55-26-552-197