NOT LISTED FOR SALE

7430 Coldwater Rd Flushing, MI 48433

Estimated Value: $159,000 - $241,000

4 Beds
2 Baths
1,848 Sq Ft
$109/Sq Ft Est. Value

Last Sold January 28, 2015

Last sale price $58,000 $31 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $1,269/month

118 Days on Market

About This Home

As of January 2015

Country setting duplex. Great investment opportunity. 2 ranch style units. Vinyl windows. Appliances included. Tenant pays gas and electric.

Last Buyer's Agent

Cody Klein

Ham Group Realty License #FAAR-6501378690

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 0.67 Acre Lot
  • Lot Dimensions are 110 x 280

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Baseboard Heating
  • Septic Tank

Additional Features

  • Finished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0813552007

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Originating MLS: East Central Association
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Total Tax Amount: 2143.95
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1848

Exterior Features

  • Construction: Aluminum, Brick
  • Exterior Features: Patio
  • Frontage: 110
  • Foundation Type: Basement
  • Frontage Type: Road

Utilities

  • Water: Private Well
  • Fuel Type: Natural Gas
  • Heating System: Baseboard
  • Sewer/Septic System: Septic

Lot Info

  • Assessor Parcel Number: 0813552007
  • Lot Dimensions: 110 x 280
  • Acreage: 0.67
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Water/Sewer

Tax Info

  • Summer Tax: Amount: $1,439.44
  • Winter Tax: Amount: $704.51
  • Total Tax: Amount: $2,143.95

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Flushing Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2019
Sold by
Walker Victor M and Walker Karen M
Bought by
Walkers Rentals Llc
Current Estimated Value
$202,077

Purchase Details

Listed on
Aug 19, 2014
Closed on
Jan 28, 2015
Sold by
Nickel Colleen C and Nickel Douglas R
Bought by
Walker Victor M and Walker Karen M
Buyer's Agent
Cody Klein
Ham Group Realty
List Price
$89,900
Sold Price
$58,000
Premium/Discount to List
-$31,900
-35.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.10%
Original Mortgage
$43,500
Outstanding Balance
$33,907
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$159,221

Purchase Details

Closed on
Nov 10, 2011
Sold by
7430 Coldwater Road Llc
Bought by
Nickel Douglas R and Nickel Colleen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,220
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2001
Sold by
Nickel Douglas R and Nickel Colleen C
Bought by
7430 Coldwater Road Llc
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
Walkers Rentals Llc -- None Available
Walker Victor M $58,000 Mason Burgess Title Agency
Nickel Douglas R -- Clearstream Title
7430 Coldwater Road Llc -- Cislo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Victor M $43,500
Previous Owner Nickel Douglas R $56,220
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2015 01/28/15 Sold $58,000 -35.5% $31 / Sq Ft
12/29/2014 12/29/14 Pending -- -- --
08/19/2014 08/19/14 For Sale $89,900 -- $49 / 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 $1,835 $65,200 $0 $0
2023 $1,749 $60,400 $0 $0
2022 $2,563 $53,700 $0 $0
2021 $2,520 $50,800 $0 $0
2020 $1,598 $48,300 $0 $0
2019 $1,582 $44,100 $0 $0
2018 $2,356 $41,000 $0 $0
2017 $1,452 $41,000 $0 $0
2016 $2,215 $39,600 $0 $0
2015 $1,919 $39,000 $0 $0
2014 $1,425 $39,500 $0 $0
2012 -- $37,500 $37,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 30040554

Michigan Multiple Listing Service

APN: 08-13-552-007