NOT LISTED FOR SALE

5200 N Genesee Rd Flint, MI 48506

Estimated Value: $107,091 - $141,000

14 Beds
7 Baths
8,000 Sq Ft
$15/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $450,000 $56 Per Sq Ft

Current estimated payment $715/month

250 Days on Market

Highlights

  • Deck
  • Forced Air Heating and Cooling System
  • Fenced
  • Patio
  • High Speed Internet

About This Home

As of September 2020

This 7 unit condo development is completely leased. Approved for 5 more buildings. Future building are ready for construction the utilities are in place. Driveway and parking lot are installed. Each unit is 925 sq. ft., including 2 bedroom, full bath Utility room (plumbed for washer and dryer), kitchen (with appliances) breakfast nook and living room. Master suite includes walk-in closet, plus a walk-in pantry off of kitchen Condo fee's are $100.00 per month per unit, $5,100.00 cash reserve available to new owners. Annual insurance is $5,644.00, Property taxes are $11,171.52, Management fee is $800.00 annually and Maintenance for the grounds is budgeted for $4,500.00 annually.

Last Listed By

Craig Hutchins

Liberty Way Realty MI LLC License #6501292569 Listed on: 12/26/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • 5.21 Acre Lot
  • Lot Dimensions are 81x986x568x988
  • Fenced

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 7 Full Bathrooms
  • 8,000 Sq Ft Home
  • 2-Story Property
  • Carbon Monoxide Detectors

Parking

  • 20 Parking Spaces
  • Paved Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 7 Units
  • Summerfield Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1123651200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,171

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Year Built: 2005
  • State Equalized Value: 298700.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s), High Spd Internet Avail
  • Total Bathrooms: 7.00
  • Full Bathrooms: 7
  • Sq Ft Combined: 8000
  • Total Sq Ft: 8000

Exterior Features

  • Roof Material: Composition
  • Foundation Details: Slab
  • Construction Materials: Brick Veneer (Brick Siding), Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 81
  • Porch Type: Deck, Patio
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Paved
  • Total Parking Spaces: 20

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air, Separate Meter
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Kearsley

Lot Info

  • List Price per Acre: 95950.0960
  • Lot Size Area: 5.21
  • Lot Dimensions: 81X986X568X988
  • Parcel Number: 1123651200
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Association Fee, Snow Removal, Yard Maintenance
  • Monthly Rental Income: 4850

Tax Info

  • Tax Amount Summer: 2374.0000
  • Tax Amount Winter: 8797.0000
  • Total Tax: 11171.0000
  • Taxable Value: 206257.0000

Multi Family

  • Gross Scheduled Income: 58200.00
  • Number Of Units Total: 7
  • Unit Count: 1
  • Number of Two Bedroom Units: 7
  • Number Of Units Leased: 7

MLS Schools

  • School District: Kearsley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2021
Sold by
Summerfield Development Company Llc
Bought by
Emerald Real Estate Development Llc
Total Days on Market
250
Current Estimated Value
$122,023

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
Emerald Real Estate Development Llc $450,000 Bell Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $450,000 -10.0% $56 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
12/26/2019 12/26/19 For Sale $499,900 -- $62 / 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 $458 $44,600 $0 $0
2023 $437 $41,600 $0 $0
2022 $1,871 $37,100 $0 $0
2021 $1,859 $35,000 $0 $0
2020 $290 $45,100 $0 $0
2019 $285 $38,900 $0 $0
2018 $1,286 $36,100 $0 $0
2017 $1,237 $35,600 $0 $0
2016 $1,226 $32,400 $0 $0
2015 $1,206 $29,000 $0 $0
2014 $263 $26,900 $0 $0
2012 -- $22,500 $22,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Craig Hutchins

    Seller's Agent in 2020

    Craig Hutchins

    Liberty Way Realty MI LLC

    (810) 444-9620

    20 Total Sales

    Section Image
  • Joshua Lewandowski

    Buyer's Agent in 2020

    Joshua Lewandowski

    Keller Williams First

    (810) 691-3970

    55 Total Sales

    Joshua Lewandowski
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 219124529

Realcomp

APN: 11-23-651-008

Michigan Genesee County Flint 48506

5200 N Genesee Rd, Flint, MI

Homes for Sale in Flint, MI

This home is located at 5200 N Genesee Rd, Flint, MI 48506 since 26 December 2019 and is currently estimated at $122,023, approximately $15 per square foot. This property was built in 2005. 5200 N Genesee Rd is a home located in Genesee County with nearby schools including Weston Elementary School, Leota Fiedler Elementary School, and Kate Dowdall 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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

Nearby Homes