NOT LISTED FOR SALE

802 Asylum St Flint, MI 48503

Estimated Value: $169,840

6 Beds
6 Baths
2,735 Sq Ft
$62/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $152,000 $56 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,291/month

14 Days on Market

About This Home

As of September 2022

Great investor opportunity! Ranch style apartment complex within blocks of downtown Flint, Kettering University, McLaren and Hurley Hospitals, Michigan School for the Deaf, and Powers. 6 units total - all 1 bedroom, 1 bathroom. Two of the units have been completely remodeled - flooring, trim, cabinets, tile showers and backsplashes, countertops, etc. The other four units are in good, rentable condition as well. Boiler system for complex has been updated, and two new water heaters (2022), as well as LED lighting added to parking lot. The possibilities are endless here!

Last Agent to Sell the Property

Stacy Daul

Berkshire Hathaway HomeServices Michigan Real Est License #6501431441 Listed on: 08/25/2022

Berkshire Hathaway HomeServices Michigan Real Est

Last Buyer's Agent

Tadario James

GSA Elite Realty License #RCO-6501429109

GSA Elite Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $101

Year Built

  • Built in 1970

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 64.00 x 147.50

Home Design

  • 2,735 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 6 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Lighted Parking

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Sewer in Street

Community Details

  • 6 Units
  • West Flint Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4013403034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$101

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 101.00
  • Year Built: 1970
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Sq Ft Combined: 2735
  • Total Sq Ft: 2735

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Aluminum
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Lighted
  • Total Parking Spaces: 6

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Baseboard, Hot Water, Radiant
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Flint

Lot Info

  • List Price per Acre: 714285.7100
  • Lot Size Area: 0.21
  • Lot Dimensions: 64.00 x 147.50
  • Parcel Number: 4013403034
  • Zoning: Commercial

Rental Info

  • Rent Includes: Electric, Water
  • Monthly Rental Income: 3700

Tax Info

  • Tax Amount Summer: 101.0000
  • Total Tax: 101.0000

Multi Family

  • Gross Scheduled Income: 44400.00
  • Number Of Units Total: 6
  • Unit Count: 6
  • Number of One Bedroom Units: 6
  • Number Of Units Leased: 3

MLS Schools

  • School District: Flint

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2024
Sold by
Campus Manor Llc
Bought by
North Oakland Real Estate Holdings Inc
Current Estimated Value
$169,840

Purchase Details

Listed on
Aug 25, 2022
Closed on
Sep 23, 2022
Sold by
R & R Housing Llc
Bought by
Campus Manor Llc
Seller's Agent
Stacy Daul
Berkshire Hathaway HomeServices Michigan Real Est
Buyer's Agent
Tadario James
GSA Elite Realty
List Price
$150,000
Sold Price
$152,000
Premium/Discount to List
$2,000
1.33%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%
Original Mortgage
$150,000
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2021
Sold by
Shelter Of Flint Inc
Bought by
R & R Housing 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
North Oakland Real Estate Holdings Inc -- None Listed On Document
Campus Manor Llc $152,000 --
R & R Housing Llc $10,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Campus Manor Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $152,000 +1.3% $56 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $150,000 -- $55 / 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 $4,231 $64,500 $0 $0
2023 $4,262 $64,500 $0 $0
2022 $0 $32,100 $0 $0
2021 $101 $0 $0 $0
2020 $100 $0 $0 $0
2019 $110 $0 $0 $0
2018 $71 $0 $0 $0
2017 $71 $0 $0 $0
2016 $71 $0 $0 $0
2015 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221034819

Realcomp

APN: 40-13-403-034