5200 North Genesee Road

Sold 9/30/20
Sold 9/30/20
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Summerfield2.jpg
Last Sold Price
$450,000
14 beds8,000 sqft$56/sqft
5200 North Genesee Road, Flint, MI 48506

Description

This 7 unit condo development is completely leased. Approved for 5 more buildings. Future building are ready for construction the utilities are in place. Driveway and parking lot are installed. Each unit is 925 sq. ft., including 2 bedroom, full bath Utility room (plumbed for washer and dryer), kitchen (with appliances) breakfast nook and living room. Master suite includes walk-in closet, plus a walk-in pantry off of kitchen Condo fee's are $100.00 per month per unit, $5,100.00 cash reserve available...This 7 unit condo development is completely leased. Approved for 5 more buildings. Future building are ready for construction the utilities are in place. Driveway and parking lot are installed. Each unit is 925 sq. ft., including 2 bedroom, full bath Utility room (plumbed for washer and dryer), kitchen (with appliances) breakfast nook and living room. Master suite includes walk-in closet, plus a walk-in pantry off of kitchen Condo fee's are $100.00 per month per unit, $5,100.00 cash reserve available to new owners. Annual insurance is $5,644.00, Property taxes are $11,171.52, Management fee is $800.00 annually and Maintenance for the grounds is budgeted for $4,500.00 annually.
LISTING CLOSED: 09/30/2020 12:00 AM

  1. Listed by Craig D Hutchins • Brokerage DRE #6503380473 • Liberty Way Realty MI LLC
    P: (810) 444-9620 C: (810) 444-9620 CraigHutchinsSellsHomes@gmail.com

Property Details for 5200 North Genesee Road

Status
Sold
MLS #
219124529
Days on Market
250
Taxes
$11,171 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Residential Income / Multi Family
Year Built
2005
Lot Size
5.21 AC / 226,947 SF
County
Genesee County
Subdivision Name
SUMMERFIELD CONDO
Architectural Style
Other
Waterfront
No
Zoning Description
Multi-Family
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Location

Listing Courtesy of Liberty Way Realty MI LLC

Sold By Keller Williams First

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Building Information for 5200 North Genesee Road

Stories-Residences7Year Built2005Building Size-Lot Size5.21 AC / 226,947 SF

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$3,218 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,287

Property Taxes

$931

HOA Dues

$0

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Property Information for 5200 North Genesee Road

Summary
Location and General Information
  • Directions: I-69 to Belsay Road to Genesee Road
  • Latitude: 43.082204
  • Longitude: -83.614422
  • Township: Genesee Genesee Twp
  • Cross Street: S of Carpenter Road/E of N. Genesee Road
  • MLS Area Major: Genesee Twp (25010)
Taxes and HOA
  • Parcel Number: 1123651200
  • Tax Amount Summer: $2,374.00
  • Tax Amount Winter: $8,797.00
  • Tax Annual Amount: $11,171.00
  • Tax Assessed Value: $206,257.00
  • Tax Legal Description: ALL THAT PART OF SUMMERFIELD CONDOMINIUM DESC AS BEG S 620 FT FROM W 1/4 COR OF SEC TH N 89 DEG 54 MIN E 900 FT TH N 300 FT TH N 89 DEG 54 MIN E 85.89 FT TH S 0 DEG 14 MIN E 568.16 FT TH S 89 DEG 54 MIN W 350.85 FT TH N 0 DEG 06 MIN W 92.15 FT TH S 89 DEG 54 MIN W 112 FT TH S 0 DEG 06 MIN E 92.15 FT TH S 89 DEG 54 MIN W 129.39 FT TH N 110 FT TH S 89 DEG 54 MIN W 266 FT TH N 77 FT TH S 89 DEG 54 MIN W 130 FT TH N 81.16 FT TO PL OF BEG SEC 23 T8N R7E (06) 5.21 A FR 11-23-300-028
School Information
  • High School District: Kearsley
Parking
  • Parking Total: 20.0
  • Parking Features: Paved
Property
Lot Information
  • Frontage Length: 81.0
  • Lot Size Acres: 5.21
  • Lot Size Area: 5.21
  • Lot Size Dimensions: 81X986X568X988
  • Encroachment: No
  • Lot Size Units: Acres
  • Road Frontage Feet: 81
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • State Equalized Value: 298700.0
  • Living Area: 8000.0
  • Building Area Total: 8000.0
  • Above Grade Finished Area: 8000.0
  • Above Grade Finished Area Units: Square Feet
  • Class Name: Residential Income
  • Living Area Source: Builder
  • Living Area Units: Square Feet
  • Year Built: 2005
Building Features
  • Construction Materials: Brick Veneer, Vinyl Siding
  • Foundation Details: Poured, Slab
  • Levels: Two
  • Roof: Composition
  • Stories Total: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 7.0
  • Appliances: Gas Water Heater
  • Has Basement: No
  • Bathrooms Full: 7
  • Bathrooms Total Integer: 7
  • Cooling: Central Air, Separate Meters
  • Has Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Interior Features: High Speed Internet
  • Security Features: Carbon Monoxide Detectors
  • Water Heater Fuel: Natural Gas
  • UnitTwoBedNumberOf: 7
Exterior Features
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Patio
Multi Family
Multi Family Information
  • Number of Units Leased: 7
  • Number of Units Total: 7
  • Unit Records: 1
Income & Expenses
  • Gross Scheduled Income: $58,200.00
  • Net Operating Income: $25,000.00
Unit Information
Unit 1
  • Actual Rent: $700.00
  • Total Bathrooms: 1
  • Furnished: Unfurnished
  • Sq Ft: 925.0
  • Type: Two Bedroom
  • Total Units: 7.0
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $4,850.00
  • Existing Lease: Yes
  • Pets Allowed: No
  • Rent Includes: Association Fee, Snow Removal, Yard Maintenance

Property History for 5200 North Genesee Road

DateEvent & SourcePriceAppreciation
Sep 30, 2020

Sold

Realcomp #219124529

$450,000—
Sep 30, 2020

Sold

MiRealSource #40010498

$450,000—
Sep 1, 2020

Contract Signed

Realcomp #219124529

—
DateEvent & SourcePrice
09/30/2020

Sold

Realcomp #219124529

$450,000
09/30/2020

Sold

MiRealSource #40010498

$450,000
09/01/2020

Contract Signed

Realcomp #219124529

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5200 North Genesee Road

Taxable ValueLand-Additions-Total-
Tax Record2024$22,586 ($1,882 / month)
Home Facts
Beds0Total Finished SqFt7,824 SqFtAbove Grade Finished SqFt7,824 SqFtLot Size226,948 SqFtStyleCondominiumZoningR-2 SNGL/2 FACountyGENESEEAPN11-23-651-200

Schools near 5200 North Genesee Road

This home is within Kearsley Community School District.
Rating
School
Type
Grades
Distance
Weston Elementary School
Public - PK to 1
Kate Dowdall Elementary School
Public - K to 5
Leota Fiedler Elementary School
Public - 4 to 6
Armstrong Middle School
Public - 6 to 8
Rating
School
Distance
Weston Elementary School
PublicPK to 1

Kate Dowdall Elementary School
PublicK to 5

Leota Fiedler Elementary School
Public4 to 6

Armstrong Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Liberty Way Realty MI LLC

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