NOT LISTED FOR SALE

816 Asylum St Flint, MI 48503

Estimated Value: $104,811

6 Beds
6 Baths
3,480 Sq Ft
$30/Sq Ft Est. Value

Last Sold May 11, 2016

Last sale price $40,000 $11 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $821/month

4 Days on Market

About This Home

As of May 2016

Great Income Potential!! Six, 1 bedroom, 1 bath units that offer Central air, 2nd floor balconies and separate Consumers meters. Five of the 6 units have been fully renovated in the past 6 years.

Last Listed By

Paul Raymond

REMAX Select License #FAAR-123472 Listed on: 04/11/2016

REMAX Select

Property Details

Home Type

  • Multi-Family

Year Built

  • 1973

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 55 x 161

Home Design

  • Slab Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Additional Features

  • 2-Story Property
  • Forced Air Heating and Cooling System

Community Details

  • 6 Units
  • West Flint Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40-13-403-036

Property Details

Home Type

Multi-Family

Year Built

1973

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Mail City: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built (Public Record): 1973

Interior Features

  • Bedrooms: 6
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Estimated Sq Ft: 3480

Exterior Features

  • Construction: Aluminum, Vinyl Siding
  • Frontage: 55
  • Foundation Type: Slab
  • Frontage Type: Road

Utilities

  • Water: Community
  • Cooling System: Central A/C
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 40-13-403-036
  • Lot Dimensions: 55 x 161
  • Acreage: 0.2
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Water/Sewer

Tax Info

  • Summer Tax: Amount: $1,319.96
  • Winter Tax: Amount: $111.73
  • Total Tax: Amount: $1,431.69

Multi Family

  • Total Units: 6

MLS Schools

  • School District: Flint City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2019
Sold by
Df Investment Properties Llc
Bought by
Equity Trust Company and Jason Brown Ira Acct 200387470
Total Days on Market
4
Current Estimated Value
$104,811

Purchase Details

Listed on
Apr 11, 2016
Closed on
May 11, 2016
Sold by
Poole Patrick S
Bought by
Df Investment Properties Llc
Seller's Agent
Paul Raymond
REMAX Select
Buyer's Agent
Paul Raymond
REMAX Select
List Price
$44,900
Sold Price
$40,000
Premium/Discount to List
-$4,900
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.37%
Original Mortgage
$19,500
Interest Rate
3.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 3, 2007
Sold by
Stimac Robert J and Stimac Nancy A
Bought by
Poole Patrick S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,200
Interest Rate
6.21%
Mortgage Type
Commercial

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
Equity Trust Company $70,000 Liberty Title
Df Investment Properties Llc -- Liberty Title
Poole Patrick S $46,000 Sargents Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Df Investment Properties Llc $60,000
Previous Owner Df Investments Properties Llc $60,000
Previous Owner Df Investments Properties Llc $19,500
Previous Owner Poole Patrick S $35,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2016 05/11/16 Sold $40,000 -10.9% $11 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $44,900 -- $13 / 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 $2,881 $61,700 $0 $0
2023 $3,986 $54,900 $0 $0
2022 $0 $42,400 $0 $0
2021 $2,872 $38,300 $0 $0
2020 $2,610 $38,300 $0 $0
2019 $4,730 $28,000 $0 $0
2018 $1,860 $28,000 $0 $0
2017 $1,799 $0 $0 $0
2016 $1,440 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $20,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 30057022

Michigan Multiple Listing Service

APN: 40-13-403-036