NOT LISTED FOR SALE

Estimated Value: $90,000 - $122,455

3 Beds
3 Baths
1,796 Sq Ft
$58/Sq Ft Est. Value

Last Sold July 23, 2019

Last sale price $50,000 $28 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $781/month

368 Days on Market

About This Home

As of July 2019

Excellent investment opportunity in the college cultural area! Building has a new roof, siding, windows, boiler, hot water heater and flooring. Subject is in desirable East Village neighborhood that easily attracts tenants and has been 100% occupied for several years generating instant positive cash flow for the new owner. Upper Unit is rented for $450, 2 lower units are rented for $525 & $550. 48 Hours notice to show and Listing agent must be present.

Last Listed By

Jason Mcconnell

Century 21 Signature Realty License #FAAR-123072 Listed on: 07/08/2018

Century 21 Signature Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1860

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 61 x 150

Parking

  • 2 Car Detached Garage

Home Design

  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Oven or Range
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 41-07-453-011

Community Details

Overview

  • 3 Units
  • Henry H. Crapos Addition Subdivision

Building Details

  • Net Operating Income $18,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,250

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 1/2 Story
  • Year Built: 1860
  • Mail City: Flint
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Poured
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Estimated Sq Ft: 1796

Exterior Features

  • Construction: Vinyl Siding
  • Frontage: 61
  • Foundation Type: Basement
  • Roads: Paved Street
  • Frontage Type: Road

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Baseboard, Hot Water
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 41-07-453-011
  • Lot Dimensions: 61 x 150
  • Acreage: 0.21
  • Geo Subdivision: MI

Rental Info

  • Total Expenses: 9523

Tax Info

  • Summer Tax: Year: 2016, Amount: $1,196.00
  • Winter Tax: Year: 2017, Amount: $54.00
  • Taxable Value: 10695
  • Total Tax: Year: 2009, Amount: $1,250.00
  • SEV Year: 2017

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Flint City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2018
Closed on
Jul 23, 2019
Sold by
Stockton Tony W and Stockton Kimberly A
Bought by
Brefeld Richard
Seller's Agent
Jason Mcconnell
Century 21 Signature Realty
Buyer's Agent
Tammy Svenkesen
Berkshire Hathaway HomeServices Michigan Real Esta
List Price
$57,900
Sold Price
$50,000
Premium/Discount to List
-$7,900
-13.64%
Total Days on Market
368
Current Estimated Value
$103,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,364
Avg. Annual Appreciation
14.08%

Purchase Details

Closed on
Apr 13, 2015
Sold by
Dicaire Wanda K
Bought by
Stockton Tony W and Stockton Kimberly A

Purchase Details

Closed on
Jan 22, 2001
Sold by
Stockton Tony and Stockton Kimberly
Bought by
Dicaire Wanda

Purchase Details

Closed on
Oct 12, 2000
Sold by
United Companies Lending Corp
Bought by
Stockton Tony

Purchase Details

Closed on
Oct 20, 1999
Sold by
Stevens Rodney A
Bought by
United Companies Lending Corp

Range of Values:

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Average Value
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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
Brefeld Richard $50,000 Crossroads Title Agency
Stockton Tony W -- None Available
Dicaire Wanda $20,000 --
Stockton Tony $23,000 First American Title Ins Co
United Companies Lending Corp $74,938 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brefeld Richard $37,500
Previous Owner Stockton Tony W $120,000
Previous Owner Stockton Tony W $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2019 07/23/19 Sold $50,000 -13.6% $28 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $57,900 +15.8% $32 / Sq Ft
06/01/2019 06/01/19 Off Market $50,000 -- --
05/29/2019 05/29/19 Price Changed $57,900 -3.3% $32 / Sq Ft
04/29/2019 04/29/19 Price Changed $59,900 -7.7% $33 / Sq Ft
04/05/2019 04/05/19 Price Changed $64,900 -7.2% $36 / Sq Ft
02/14/2019 02/14/19 For Sale $69,900 +39.8% $39 / Sq Ft
01/25/2019 01/25/19 Off Market $50,000 -- --
01/15/2019 01/15/19 For Sale $69,900 +39.8% $39 / Sq Ft
01/05/2019 01/05/19 Off Market $50,000 -- --
10/22/2018 10/22/18 Price Changed $69,900 -4.1% $39 / Sq Ft
09/24/2018 09/24/18 Price Changed $72,900 -6.4% $41 / Sq Ft
09/10/2018 09/10/18 Price Changed $77,900 -1.3% $43 / Sq Ft
08/16/2018 08/16/18 Price Changed $78,900 -1.3% $44 / Sq Ft
07/08/2018 07/08/18 For Sale $79,900 -- $44 / 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 $2,501 $39,000 $0 $0
2023 $2,433 $31,000 $0 $0
2022 $0 $25,700 $0 $0
2021 $2,426 $25,200 $0 $0
2020 $2,418 $27,700 $0 $0
2019 $990 $24,200 $0 $0
2018 $1,284 $19,600 $0 $0
2017 $1,259 $0 $0 $0
2016 $1,252 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $12,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 100003035

Michigan Multiple Listing Service

APN: 41-07-453-011