NOT LISTED FOR SALE

605 Stone St Flint, MI 48503

Downtown Flint Neighborhood

Estimated Value: $84,000 - $147,809

7 Beds
4 Baths
3,184 Sq Ft
$37/Sq Ft Est. Value

Last Sold April 15, 2019

Last sale price $21,200 $7 Per Sq Ft

Est. 467% increase in value since last sale

Current estimated payment $802/month

10 Days on Market

Highlights

  • Deck
  • Lobby
  • 3-minute walk to Community Park
  • Porch
  • Forced Air Heating System

About This Home

As of April 2019

Great Investment Property! House is ready for anyone looking to enlarge their Real Estate portfolio.
Home does need work.
The numbers ran were with a 450.00 rental unit. on the low side so there is room to grow!

Last Agent to Sell the Property

Juan Carlos Avila Arellano

Complete Realty, LLC License #6501408777 Listed on: 02/18/2019

Last Buyer's Agent

Juan Carlos Avila Arellano

Complete Realty, LLC License #6501408777 Listed on: 02/18/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 91.00x71.00

Home Design

  • Duplex
  • Brick Foundation
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 3,184 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4012455018

Community Details

Overview

  • 7 Units
  • Mcfarlan & Co.'S Western Add Subdivision

Amenities

  • Lobby

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Common Entry Building, Duplex, Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 221.41
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3184
  • Total Sq Ft: 3184
  • Sq Ft Total Bsmt: 1200

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement, Michigan Basement
  • Construction Materials: Wood
  • Foundation Materials: Block, Brick/Mortar
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Flint

Lot Info

  • List Price per Acre: 233333.3333
  • Lot Size Area: 0.15
  • Lot Dimensions: 91.00X71.00
  • Parcel Number: 4012455018
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1800

Tax Info

  • Tax Amount Summer: 1383.0000
  • Tax Amount Winter: 98.0000
  • Total Tax: 1481.0000

Multi Family

  • Gross Scheduled Income: 21600.00
  • Number Of Units Total: 7
  • Unit Count: 3
  • Number of Efficiency Units: 4
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Flint

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2019
Closed on
Apr 15, 2019
Sold by
Flint Public Art Project
Bought by
Snapshotbpo Llc
Seller's Agent
Juan Carlos Avila Arellano
Complete Realty, LLC
Buyer's Agent
Juan Carlos Avila Arellano
Complete Realty, LLC
List Price
$35,000
Sold Price
$21,200
Premium/Discount to List
-$13,800
-39.43%
Current Estimated Value
$120,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,937
Avg. Annual Appreciation
29.97%

Purchase Details

Listed on
Feb 18, 2019
Closed on
Mar 21, 2019
Sold by
Zacks Stephen
Bought by
Flint Public Art Project
Seller's Agent
Juan Carlos Avila Arellano
Complete Realty, LLC
Buyer's Agent
Juan Carlos Avila Arellano
Complete Realty, LLC
List Price
$35,000
Sold Price
$21,200
Premium/Discount to List
-$13,800
-39.43%

Purchase Details

Closed on
May 1, 2017
Sold by
Stair Philip G
Bought by
Zacks Stephen and Flint Public Art Project

Purchase Details

Closed on
Sep 7, 2012
Sold by
Genesee County Land Bank Authority
Bought by
Zacks Stephen and Flint Public Art Project

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Interest Rate
3.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 21, 2011
Sold by
Genesee County Treasurer
Bought by
Genesee County Land Bank

Purchase Details

Closed on
Nov 23, 2005
Sold by
Trent Ray M
Bought by
Hsbc Bank Usa Na and Ace Securities Corp Home Equity Loan Tru

Purchase Details

Closed on
Dec 30, 2004
Sold by
Johnson David W
Bought by
Trent Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
10.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Snapshotbpo Llc $21,200 Sargents Title Company Llc
Flint Public Art Project -- None Available
Zacks Stephen $8,000 None Available
Zacks Stephen $8,000 None Available
Genesee County Land Bank -- None Available
Hsbc Bank Usa Na $56,566 None Available
Trent Ray $70,000 Titlequest Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zacks Stephen $8,000
Previous Owner Trent Ray $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2019 04/15/19 Sold $21,200 -39.4% $7 / Sq Ft
02/28/2019 02/28/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $35,000 -- $11 / 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
2025 $2,075 $73,400 $0 $0
2024 $1,921 $48,400 $0 $0
2023 $1,869 $33,700 $0 $0
2022 $0 $20,400 $0 $0
2021 $1,969 $21,400 $0 $0
2020 $1,805 $20,900 $0 $0
2019 $1,413 $17,800 $0 $0
2018 $1,492 $18,200 $0 $0
2017 $1,559 $0 $0 $0
2016 $1,547 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Juan Carlos Avila Arellano

    Complete Realty, LLC

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Map

Source: Realcomp

MLS Number: 219013992

Realcomp

APN: 40-12-455-018

Michigan Genesee County Flint 48503 Downtown Flint

605 Stone St, Flint, MI

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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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