R
Seller's Agent in 2024
Ryan Lovik
The Brokerage Real Estate Enthusiasts
(248) 297-5551
1 in this area
27 Total Sales
616 E 2nd St Flint, MI 48503
Central Park NeighborhoodEstimated Value: $138,000 - $152,000
4
Beds
4
Baths
2,186
Sq Ft
$66/Sq Ft
Est. Value
About This Home
As of March 2024Don't miss out on this great 4-Unit multi-family investment property located in the high demand Flint College Cultural area. This property is in close proximity to U of M Flint, Mott Community College and downtown Flint. Every unit has had its fair share of updates in the last 5 years to make this as much of a set it and forget investment property as you can get. Property is currently fully occupied and the sellers have had no issue keeping it that way. This 4-Unit property consists of 1 Efficiency unit, Two 1 bedroom units and One 2 bedroom unit. The property has parking on both sides to accommodate all tenants. Shared onsite laundry facility available to all tenants. Listing Agent is related to the sellers.
Last Listed By
The Brokerage Real Estate Enthusiasts License #6501413627 Listed on: 01/30/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1890
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 79.50 x 52.30
Parking
- 4 Car Garage
Home Design
- Quadruplex
- Poured Concrete
- Asphalt Roof
Interior Spaces
- 4 Full Bathrooms
- 2,186 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 4 Units
- Village Of Flint River Subdivision
Listing and Financial Details
- Assessor Parcel Number 4118202022
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2024
Closed on
Mar 6, 2024
Sold by
Central Park Property Of Flint Llc
Bought by
616 E 2Nd Street Llc
Seller's Agent
Ryan Lovik
The Brokerage Real Estate Enthusiasts
Buyer's Agent
Charlie Ponders
KW Metro
List Price
$154,900
Sold Price
$145,000
Premium/Discount to List
-$9,900
-6.39%
Total Days on Market
20
Views
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,696
Avg. Annual Appreciation
-1.02%
Purchase Details
Closed on
Feb 20, 2020
Sold by
Lovik Richard and Lovik Bethany
Bought by
Central Park Property Flint Llc
Purchase Details
Listed on
Mar 22, 2019
Closed on
May 20, 2019
Sold by
Neithercut William M
Bought by
Lovik Richard and Lovik Bethany
Seller's Agent
Andrea Robinson
WEICHERT, REALTORS - Grant Hamady
Buyer's Agent
Ryan Lovik
The Mallory Corporation
List Price
$78,900
Sold Price
$77,500
Premium/Discount to List
-$1,400
-1.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.88%
Purchase Details
Closed on
Oct 31, 2003
Sold by
Hager James D and Hager Delores J
Bought by
Neithercut William M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,596
Interest Rate
5.94%
Mortgage Type
FHA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 616 E 2Nd Street Llc | $145,000 | None Listed On Document | |
| Central Park Property Flint Llc | -- | None Available | |
| Lovik Richard | $77,500 | None Available | |
| Neithercut William M | $58,500 | Lawyers Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Neithercut William M | $44,835 | |
| Previous Owner | Neithercut William M | $57,596 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2024 03/06/24 | Sold | $145,000 | -6.4% | $66 / Sq Ft |
| 02/19/2024 02/19/24 | Pending | -- | -- | -- |
| 01/30/2024 01/30/24 | For Sale | $154,900 | +99.9% | $71 / Sq Ft |
| 05/20/2019 05/20/19 | Sold | $77,500 | -1.8% | $35 / Sq Ft |
| 04/05/2019 04/05/19 | Pending | -- | -- | -- |
| 03/22/2019 03/22/19 | For Sale | $78,900 | -- | $36 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $3,281 | $45,000 | $0 | $0 |
| 2023 | $3,188 | $40,000 | $0 | $0 |
| 2022 | $0 | $33,800 | $0 | $0 |
| 2021 | $3,672 | $40,100 | $0 | $0 |
| 2020 | $3,247 | $37,800 | $0 | $0 |
| 2019 | $994 | $26,800 | $0 | $0 |
| 2018 | $1,289 | $22,300 | $0 | $0 |
| 2017 | $1,263 | $0 | $0 | $0 |
| 2016 | $1,256 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2012 | -- | $14,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Lovik
-
Charlie Ponders
C
Buyer's Agent in 2024
Charlie Ponders
KW Metro
(248) 703-5833
1 in this area
16 Total Sales
-
Andrea Robinson
Seller's Agent in 2019
Andrea Robinson
WEICHERT, REALTORS - Grant Hamady
(810) 813-4017
2 in this area
111 Total Sales
Map
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Source: Realcomp
MLS Number: 20240005381
APN: 41-18-202-022
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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