NOT LISTED FOR SALE

Estimated Value: $153,910

5 Beds
6 Baths
3,284 Sq Ft
$47/Sq Ft Est. Value

Last Sold March 27, 2019

Last sale price $100,000 $30 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,200/month

7 Days on Market

About This Home

As of March 2019

Great Investment Opportunity! 6 units, close to college. Currently 5 units are rented. Good occupancy rate.

Last Listed By

Dominic Sirignano

Atlas Real Estate License #6501314676 Listed on: 01/26/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 71x99x69x99

Home Design

  • Quadruplex
  • Block Foundation
  • Poured Concrete

Interior Spaces

  • 6 Full Bathrooms
  • 3,284 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Parking

  • 6 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 6 Units
  • Austin B Witherbee's Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4107455019

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex, Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 70.94
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3284
  • Total Sq Ft: 3284
  • Sq Ft Total Bsmt: 3000

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Wood
  • Foundation Materials: Block, Poured
  • Frontage Feet: 71
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Assigned Spaces
  • Total Parking Spaces: 6

Utilities

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

Schools

  • School District: Flint

Lot Info

  • List Price per Acre: 866000.0000
  • Lot Size Area: 0.15
  • Lot Dimensions: 71x99x69x99
  • Parcel Number: 4107455019
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Electric, Trash Collection (Garbage Pickup), Heat, Water/Sewer
  • Monthly Rental Income: 3580

Tax Info

  • Tax Amount Summer: 2391.0000
  • Tax Amount Winter: 179.0000
  • Total Tax: 2570.0000

Multi Family

  • Gross Scheduled Income: 42960.00
  • Number Of Units Total: 6
  • Unit Count: 6
  • Number of Efficiency Units: 3
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 5

MLS Schools

  • School District: Flint

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2025
Sold by
E Third Street Llc
Bought by
Ripmos Properties Llc
Total Days on Market
7
Current Estimated Value
$153,910

Purchase Details

Listed on
Jan 26, 2019
Closed on
Mar 27, 2019
Sold by
Gidan Paul Investments Llc
Bought by
E Third Street Llc
Seller's Agent
Dominic Sirignano
Atlas Real Estate
Buyer's Agent
Chad Brannan
Atlas Real Estate
List Price
$129,900
Sold Price
$100,000
Premium/Discount to List
-$29,900
-23.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%

Purchase Details

Closed on
May 17, 2017
Sold by
Gadzama Japari
Bought by
Gidan Paul Investments Llc

Purchase Details

Listed on
Mar 11, 2015
Closed on
Dec 10, 2015
Sold by
Ethington James D
Bought by
Gadzama Japari
Seller's Agent
Jerry Rule
Berkshire Hathaway HS MI R E Fenton
Buyer's Agent
Jerry Rule
Berkshire Hathaway HS MI R E Fenton
List Price
$89,000
Sold Price
$88,000
Premium/Discount to List
-$1,000
-1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%

Purchase Details

Listed on
Mar 11, 2015
Closed on
Nov 19, 2015
Sold by
Realway Investment Company Inc
Bought by
Jde Investments Llc
Seller's Agent
Jerry Rule
Berkshire Hathaway HS MI R E Fenton
Buyer's Agent
Jerry Rule
Berkshire Hathaway HS MI R E Fenton
List Price
$89,000
Sold Price
$88,000
Premium/Discount to List
-$1,000
-1.12%

Purchase Details

Closed on
Jun 27, 2006
Sold by
Ethington James
Bought by
J D E Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.68%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 22, 2003
Sold by
Wentworth Craig D and Wentworth Barbara L
Bought by
Ethington James

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
Ripmos Properties Llc $200,000 Transnation Title
E Third Street Llc $100,000 Mason Burgess Title Agency
Gidan Paul Investments Llc -- None Available
Gadzama Japari $88,000 Title Resource Agency
Jde Investments Llc -- Attorney
J D E Investments Llc -- Title Fi
Ethington James $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner J D E Investments Llc $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2019 03/27/19 Sold $100,000 -23.0% $30 / Sq Ft
02/02/2019 02/02/19 Pending -- -- --
01/26/2019 01/26/19 For Sale $129,900 +47.6% $40 / Sq Ft
12/14/2015 12/14/15 Sold $88,000 -1.1% $29 / Sq Ft
11/14/2015 11/14/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $89,000 -- $29 / 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 $4,169 $70,900 $0 $0
2023 $4,003 $69,500 $0 $0
2022 $0 $59,900 $0 $0
2021 $4,138 $55,800 $0 $0
2020 $4,760 $71,100 $0 $0
2019 $2,485 $69,600 $0 $0
2018 $2,609 $59,700 $0 $0
2017 $2,524 $0 $0 $0
2016 $2,502 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $29,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219008300

Realcomp

APN: 41-07-455-019