NOT LISTED FOR SALE

Estimated Value: $138,041

4 Beds
4 Baths
2,186 Sq Ft
$63/Sq Ft Est. Value

Sale Details

Date Sold: March 6, 2024

Last sale price $145,000 $66 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $896 / mo

20 Days on Market

About This Home

As of March 2024

Don'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 Agent to Sell the Property

Ryan Lovik

The Brokerage Real Estate Enthusiasts License #6501413627 Listed on: 01/30/2024

Last Buyer's Agent

Charlie Ponders

KW Metro License #6501432119

KW Metro
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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

  • 2,186 Sq Ft Home
  • Poured Concrete
  • Asphalt Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement

Community Details

  • 4 Units
  • Village Of Flint River Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4118202022
  • $882 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,421

Year Built

Built in 1890

Lot Details

6,098 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Year Built: 1890
  • State Equalized Value: 40000.00
  • Pets Allowed: No
  • Property Sub Type: MultiFamily
  • LotSizeAcres: 0.14
  • Co List Office Mls Id: 424861
  • Above Grade Finished Sq Ft: 2186.00
  • Living Area: 2186.00
  • ClassName: ResidentialIncome
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Full Bathrooms: 4

Exterior Features

  • Waterfront: No
  • Foundation Details: Basement, Poured
  • Construction Materials: AluminumSiding
  • Road Frontage Type: Paved
  • Sideof Street: S
  • Disclosures: ActualIncome, AnnualPropertyOperatingDataAvailable, InventoryListAvailable, LegalRentalCertified, TaxesNotHomesteadExempt
  • Roof: Asphalt

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 4.00

Utilities

  • Heating: ForcedAir, NaturalGas
  • Sewer: PublicSewer
  • Water Source: Public

Schools

  • Junior High Dist: Flint

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 79.50 x 52.30
  • Parcel Number: 4118202022
  • Land Lease Expiration Date: 2024-07-30
  • Zoning Description: MultiFamily, Residential

Rental Info

  • Rent Includes: CableTv, Electricity, Heat, Internet, MaintenanceOnSite, Sewer, SnowRemoval, TrashCollection, Water, YardMaintenance
  • Monthly Rental Income: 2560.00

Tax Info

  • Tax Amount Summer: 3188.00
  • Tax Amount Winter: 233.00
  • Tax Annual Amount: 3421.00
  • Tax Other Annual Assessment Amount: 882.00

Multi Family

  • Gross Scheduled Income: 30720.00
  • Number Of Units Total: 4
  • Number of Efficiency Units: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Mar 6, 2024
Sold by
Bought by
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%
Views
31
Current Estimated Value
$138,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,959
Avg. Annual Appreciation
-2.02%

Purchase Details

Closed on
Feb 20, 2020
Sold by
Bought by

Purchase Details

Listed on
Mar 22, 2019
Closed on
May 20, 2019
Sold by
Bought by
Seller's Agent
Andrea Robinson
HamadyRobinson, REALTORS®
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
8.34%

Purchase Details

Closed on
Oct 31, 2003
Sold by
Bought by

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$145,000 None Listed On Document
-- None Available
$77,500 None Available
$58,500 Lawyers Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $44,835
Previous Owner $57,596
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
04/05/2019 04/05/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $78,900 -- $36 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,305 $53,200 $0 $0
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

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Map

Source: Realcomp

MLS Number: 20240005381

Realcomp

APN: 41-18-202-022

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