NOT LISTED FOR SALE

Estimated Value: $85,000 - $125,000

4 Beds
4 Baths
2,692 Sq Ft
$38/Sq Ft Est. Value

Last Sold March 27, 2024

Last sale price $86,000 $32 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $672/month

91 Days on Market

About This Home

As of March 2024

Great Investment Opportunity. Multi-family property. Four units. Each unit is a 1 bedroom, 1 bath unit. Currently 2 are occupied. Buyer and buyers agent to verify all information. Property is not to be viewed without an appointment. Vacant units and common areas only to be accessed on showings. Occupied units can be seen after pending purchase agreement.

Last Listed By

Nadeem Gebrael

Gebrael Management License #FAAR-122418 Listed on: 10/09/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60 x 133 x 61 x 133

Interior Spaces

  • 2-Story Property
  • Basement
  • Basement Storage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 4 Units
  • Village Of Flint River Subdivision

Listing and Financial Details

  • Assessor Parcel Number 41-18-206-034

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

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: 1890
  • Mail City: Flint
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Common
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Source of Sq Ft: Estimated
  • Estimated Sq Ft: 2692

Exterior Features

  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 41-18-206-034
  • Lot Dimensions: 60 X 133 X 61 X 133
  • Acreage: 0.18
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $3,724.00
  • Winter Tax: Year: 2022, Amount: $300.00
  • Total Tax: Year: 2022, Amount: $4,024.00

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Flint City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Mar 27, 2024
Sold by
Harrington Student Residencies Inc
Bought by
Ripmos Llc
Seller's Agent
Nadeem Gebrael
Gebrael Management
List Price
$92,000
Sold Price
$86,000
Premium/Discount to List
-$6,000
-6.52%
Total Days on Market
91
Views
139
Current Estimated Value
$102,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,042
Avg. Annual Appreciation
17.16%

Purchase Details

Listed on
Oct 9, 2023
Closed on
Mar 26, 2024
Sold by
Acikgonul Yunus Emre
Bought by
Harrington Student Residences Inc
Seller's Agent
Nadeem Gebrael
Gebrael Management
List Price
$92,000
Sold Price
$86,000
Premium/Discount to List
-$6,000
-6.52%
Views
139

Purchase Details

Closed on
Nov 27, 2020
Sold by
Rental Payment Llc
Bought by
Acikgonul Yunus Emre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 28, 2020
Sold by
724 East Street Village Llc
Bought by
Rental Payment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 5, 2013
Sold by
Green Roger L
Bought by
724 East Street Village Llc

Purchase Details

Closed on
Oct 6, 1999
Sold by
Pines J Pines M and Pines J B
Bought by
Green Roger

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 Llc $86,000 Dream Title & Escrow
Harrington Student Residences Inc -- None Listed On Document
Acikgonul Yunus Emre -- None Available
Rental Payment Llc $50,000 Bell Title Agency Of Genesee
724 East Street Village Llc -- None Available
Green Roger $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rental Payment Llc $59,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2024 03/27/24 Sold $86,000 0.0% $32 / Sq Ft
03/09/2024 03/09/24 Off Market $86,000 -- --
02/27/2024 02/27/24 For Sale $92,000 0.0% $34 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
10/09/2023 10/09/23 Price Changed $92,000 -19.9% $34 / Sq Ft
10/09/2023 10/09/23 For Sale $114,900 -- $43 / 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 $3,979 $64,900 $0 $0
2023 $3,856 $53,100 $0 $0
2022 $0 $43,600 $0 $0
2021 $4,648 $53,600 $0 $0
2020 $1,922 $54,600 $0 $0
2019 $1,378 $37,400 $0 $0
2018 $1,849 $33,100 $0 $0
2017 $1,809 $0 $0 $0
2016 $1,799 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $21,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Michigan Multiple Listing Service

MLS Number: 50124498

Michigan Multiple Listing Service

APN: 41-18-206-034