NOT LISTED FOR SALE

Estimated Value: $78,000 - $102,992

5 Beds
3 Baths
1,840 Sq Ft
$48/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $26,500 $14 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $627/month

82 Days on Market

About This Home

As of June 2020

Amazing investment opportunity!! fully rented multi unit home!! 2 Story- 3 Units With Basement. 2 Units With 2 Bedrooms And 1 Unit With 1 Bedroom. This home is bringing in income with utilities paid by landlord. 24 hour notice Appointment required to show home call today!! Buyers agent to verify all information in this listing.** Seller only accepting full price offer**

Last Listed By

Chris Gebrael

Gebrael Management License #FAAR-125421 Listed on: 03/06/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,612

Year Built

  • Built in 1950

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 58x58x100x100

Parking

  • 1 Car Garage

Interior Spaces

  • 2-Story Property
  • Basement
  • Basement Storage

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Community Details

  • 3 Units
  • Atherton Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 41-19-359-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,612

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1950
  • Mail City: Flint
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Common
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Estimated Sq Ft: 1840

Exterior Features

  • Foundation Type: Basement

Garage/Parking

  • Garage Spaces: 1

Utilities

  • Water: Public Water
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 41-19-359-002
  • Lot Dimensions: 58x58x100x100
  • Acreage: 0.13
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Lease Term 1-2 Years, Electric Included, Gas Included, Heat Included, Water Included

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Flint City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
May 30, 2020
Sold by
Deep Runner Llc
Bought by
Z & L Rental Properties Llc
Seller's Agent
Chris Gebrael
Gebrael Management
Buyer's Agent
Chris Gebrael
Gebrael Management
List Price
$29,900
Sold Price
$26,500
Premium/Discount to List
-$3,400
-11.37%
Total Days on Market
82
Current Estimated Value
$88,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,498
Avg. Annual Appreciation
23.26%

Purchase Details

Closed on
Jan 29, 2020
Sold by
Smith Kevin
Bought by
Deep Runner Llc

Purchase Details

Closed on
Aug 23, 2010
Sold by
Federal National Mortgage Association
Bought by
Smith Kevin

Purchase Details

Closed on
Jan 15, 2010
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 2, 2009
Sold by
Mothersill Carol
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jun 20, 2006
Sold by
Piper Larry and Piper Tammy
Bought by
Mothersill Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
6.73%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 30, 2003
Sold by
Omalley Patrick J
Bought by
Piper Larry and Piper Tammy

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
Z & L Rental Properties Llc -- None Available
Deep Runner Llc $68,881 Dream Title And Escrow Agcy
Federal National Mortgage Association -- None Available
Mortgage Electronic Registration Systems $40,933 None Available
Mothersill Carol $50,000 Sargents Title Company
Piper Larry $42,500 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mothersill Carol $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $26,500 -11.4% $14 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $29,900 0.0% $16 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $29,900 -- $16 / 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 $1,612 $24,300 $0 $0
2023 $1,582 $18,000 $0 $0
2022 $0 $15,700 $0 $0
2021 $1,529 $12,800 $0 $0
2020 $1,412 $15,000 $0 $0
2019 $2,325 $14,200 $0 $0
2018 $1,349 $12,300 $0 $0
2017 $1,873 $0 $0 $0
2016 $1,321 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $15,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50007487

Michigan Multiple Listing Service

APN: 41-19-359-002