NOT LISTED FOR SALE

5500 van Slyke Rd Flint, MI 48507

Estimated Value: $328,969

8 Beds
4 Baths
3,264 Sq Ft
$101/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $250,000 $77 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,985/month

About This Home

As of April 2022

Rare opportunity! Great 4 unit. Always rented. Good condition, large yard for tenants to enjoy. Coin operated laundry for extended income. Perfect location close to expressways. ****UNITS WILL NOT BE SHOWN UNTIL AN ACCEPTED LOI IS RECEIVED****. Rents are $32,020 a year. Seller pays utilities $2675 for a year. Dumpster is $50.00 per month. Hurry before its SOLD!

Last Agent to Sell the Property

Scott Myers

RE/MAX Platinum - Grand Blanc License #6501186571 Listed on: 03/31/2022

RE/MAX Platinum - Grand Blanc

Last Buyer's Agent

Scott Myers

RE/MAX Grande License #RCO-6501186571

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • 1971

Lot Details

  • 0.85 Acre Lot
  • Lot Dimensions are 131x287x130x279

Home Design

  • Quadruplex
  • Slab Foundation
  • Poured Concrete

Interior Spaces

  • 4 Full Bathrooms
  • 3,264 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Home Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1502576002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,005

Year Built

1971

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Assessment: 28.73
  • Year Built (Public Record): 9999
  • State Equalized Value: 63900.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Sq Ft Combined: 3264
  • Total Sq Ft: 3264

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Aluminum
  • Foundation Materials: Poured
  • Frontage Feet: 131
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Community

Schools

  • School District: Carman-Ainsworth

Lot Info

  • Lot Size Area: 0.85
  • Lot Dimensions: 131x287x130x279
  • Parcel Number: 1502576002
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2580

Tax Info

  • Tax Amount Summer: 2283.0000
  • Tax Amount Winter: 722.0000
  • Total Tax: 3005.0000
  • Taxable Value: 56312.0000

Multi Family

  • Gross Scheduled Income: 32020.00
  • Number Of Units Total: 4
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 3

MLS Schools

  • School District: Carman-Ainsworth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Apr 14, 2022
Sold by
Chynoweth Scott J and Chynoweth Jody L
Bought by
Van Slyke Manor Llc
Seller's Agent
Scott Myers
RE/MAX Platinum - Grand Blanc
Buyer's Agent
Scott Myers
RE/MAX Grande
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Total Days on Market
0
Current Estimated Value
$328,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,969
Avg. Annual Appreciation
8.58%
Source: Public Records

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Range of Values:

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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
Van Slyke Manor Llc $250,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $250,000 0.0% $77 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $249,900 -- $77 / 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 $2,864 $72,200 $0 $0
2023 $2,707 $67,200 $0 $0
2022 $3,101 $66,200 $0 $0
2021 $3,005 $63,900 $0 $0
2020 $2,222 $63,900 $0 $0
2019 $2,194 $64,800 $0 $0
2018 $2,807 $55,100 $0 $0
2017 $2,718 $54,300 $0 $0
2016 $2,746 $53,000 $0 $0
2015 $2,701 $52,500 $0 $0
2014 $2,122 $50,700 $0 $0
2012 -- $53,700 $53,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220022127

Realcomp

APN: 15-02-576-002