NOT LISTED FOR SALE

9492 Linden Rd Swartz Creek, MI 48473

Estimated Value: $454,496

12 Beds
6 Baths
5,000 Sq Ft
$91/Sq Ft Est. Value

Last Sold April 01, 2020

Last sale price $375,000 $75 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,848/month

48 Days on Market

Highlights

  • 2.23 Acre Lot
  • Balcony
  • Garage
  • Deck
  • Baseboard Heating
  • Laundry Facilities

About This Home

As of April 2020

This 6 unit Apartment complex is ready for a new owner. All the work has been done. This is a perfect turn key operation! The apartments have been updated along with new windows , new roof, new siding, new deck, Repaved driveway! Best of all it has well water with a water softener! Each unit is separately metered! This is at 100% occupancy. There is a coin laundry on site for everyone's convenience. One of the units even has a 2 car garage. A wonderful setting! Don't delay check this out today!

Last Agent to Sell the Property

Karen Cooper Green

America's Premiere Realty Inc License #6501330634 Listed on: 01/30/2020

Last Buyer's Agent

Jeff Zielinski

RE/MAX Platinum-Fenton License #6501412987

RE/MAX Platinum-Fenton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1940 | Remodeled in 2019

Lot Details

  • 2.23 Acre Lot
  • Lot Dimensions are 146.10x665.20

Home Design

  • Slab Foundation
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 6 Full Bathrooms
  • 5,000 Sq Ft Home
  • 2-Story Property

Parking

  • Garage
  • Lighted Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Window Unit Cooling System
  • Back Up Electric Heat Pump System
  • Baseboard Heating

Community Details

  • 6 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 1529400008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,520

Year Built

Built in 1940 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1940
  • State Equalized Value: 87200.0000
  • Year Renovated: 2019
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Total Sq Ft: 5000

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • Porch Type: Balcony, Deck
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages, Assigned Spaces, Lighted

Utilities

  • Heating Fuel: Electric
  • Cooling: Window Unit(s)
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Lot Info

  • List Price per Acre: 179372.1900
  • Lot Size Area: 2.23
  • Lot Dimensions: 146.10X665.20
  • Parcel Number: 1529400008
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer, Trash Collection (Garbage Pickup), Water
  • Monthly Rental Income: 3900

Tax Info

  • Tax Amount Summer: 1012.0000
  • Tax Amount Winter: 4508.0000
  • Total Tax: 5520.0000
  • Taxable Value: 87200.0000

Multi Family

  • Gross Scheduled Income: 46800.00
  • Number Of Units Total: 6

MLS Schools

  • School District: Lake Fenton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2020
Sold by
Uppal Sangita
Bought by
Saka Properties Llc
Current Estimated Value
$454,496

Purchase Details

Listed on
Jan 30, 2020
Closed on
Apr 1, 2020
Sold by
Silveys Properties And Development Llc
Bought by
Uppal Sangita
Seller's Agent
Karen Cooper Green
America's Premiere Realty Inc
Buyer's Agent
Jeff Zielinski
RE/MAX Platinum-Fenton
List Price
$400,000
Sold Price
$375,000
Premium/Discount to List
-$25,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.44%

Purchase Details

Closed on
Jan 20, 2017
Sold by
Oak Hill Drive Llc
Bought by
Silveys Properties And Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,400
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 23, 2015
Sold by
Kritzman John E and Kritzman Kimberly A
Bought by
Oak Hill Drive Llc

Purchase Details

Closed on
Dec 17, 2004
Sold by
Linden Road Apartments Llc
Bought by
Kritzman John E

Purchase Details

Closed on
Dec 15, 2004
Sold by
Russell Conrad J and Russell Glenna
Bought by
Linden Road Apartments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Saka Properties Llc -- Smutek Richard
Uppal Sangita $375,000 Cislo Title Company
Silveys Properties And Development Llc $258,000 Ciso Title Co
Oak Hill Drive Llc -- Crossroads Title Agency
Kritzman John E $247,500 Metropolitan Title Company
Linden Road Apartments Llc -- Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silveys Properties And Development Llc $206,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2020 04/01/20 Sold $375,000 -6.3% $75 / Sq Ft
03/18/2020 03/18/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $400,000 -- $80 / 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
2025 $5,572 $87,200 $0 $0
2024 $1,002 $87,200 $0 $0
2023 $1,003 $87,200 $0 $0
2022 $5,534 $87,200 $0 $0
2021 $5,548 $87,200 $0 $0
2020 $1,009 $87,200 $0 $0
2019 $1,012 $87,200 $0 $0
2018 $5,521 $87,200 $0 $0
2017 $5,313 $87,200 $0 $0
2016 $5,290 $87,200 $0 $0
2015 $4,549 $87,200 $0 $0
2014 $1,003 $87,200 $0 $0
2012 -- $87,200 $28,400 $58,800
Source: Public Records

Agents Affiliated with this Home

  • Karen Cooper Green

    Seller's Agent in 2020

    Karen Cooper Green

    America's Premiere Realty Inc

    (810) 715-2390

    5 in this area

    218 Total Sales

    Karen Cooper Green
    Section Image
  • Jeff Zielinski

    Buyer's Agent in 2020

    Jeff Zielinski

    RE/MAX Michigan

    (810) 252-3269

    78 Total Sales

    Jeff Zielinski
    Section Image
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Map

Source: Realcomp

MLS Number: 2200007595

Realcomp

APN: 15-29-400-008

Michigan Genesee County Swartz Creek 48473

9492 Linden Rd, Swartz Creek, MI

Not Listed for Sale

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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