NOT LISTED FOR SALE

1040 Howard St Port Huron, MI 48060

Estimated Value: $113,000 - $153,000

5 Beds
3 Baths
1,612 Sq Ft
$82/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $116,400 $72 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $982/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • Private Entrance
  • Covered patio or porch
  • Baseboard Heating
  • ENERGY STAR Qualified Windows

About This Home

As of July 2022

Great income producing property. High demand area. Easily rented. 3 units on a corner lot with long-term tenants. Large parking area. Owner pays water and charges back to tenants. Tenants pay all other utilities. Roofing, windows, paint, gutters and furnace updated. Separate electric and gas meters. Refrigerator/Stove included in each unit. All units mechanically sound. Electric panels updated. Water Heaters updated. Current monthly rent income $1685 but could easily be more. All current tenants on a month to month lease.

Last Listed By

Roger Wesch

EXP Realty - Marysville License #6501425569 Listed on: 07/15/2022

EXP Realty - Marysville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1918

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 51.00 x 107.90
  • Private Entrance

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3 Full Bathrooms
  • 1,612 Sq Ft Home
  • 2-Story Property
  • ENERGY STAR Qualified Windows
  • Unfinished Basement
  • Crawl Space

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74067431050000

Community Details

Overview

  • 3 Units
  • White Plat Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,353

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Triplex
  • Architecture Level: 2 Story
  • Assessment: 25.00
  • Year Built: 1918
  • State Equalized Value: 32500.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Circuit Breakers, Laundry Facility, ENERGY STAR® Qualified Window(s)
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1612
  • Total Sq Ft: 1612
  • Sq Ft Total Bsmt: 1612

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl, Basement
  • Construction Materials: Vinyl
  • Exterior Features: Private Entry
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 51
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Heating: Baseboard, Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric, Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Port Huron

Lot Info

  • Lot Size Area: 0.13
  • Lot Dimensions: 51.00 x 107.90
  • Parcel Number: 74067431050000
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Snow Removal, Trash Collection (Garbage Pickup)
  • Monthly Rental Income: 1685

Tax Info

  • Tax Amount Summer: 1265.0000
  • Tax Amount Winter: 88.0000
  • Total Tax: 1353.0000
  • Taxable Value: 21433.0000

Multi Family

  • Gross Scheduled Income: 20220.00
  • Number Of Units Total: 3
  • Unit Count: 3
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 3

MLS Schools

  • School District: Port Huron

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Jul 29, 2022
Sold by
Wesch Roger M and Wesch Eileen M
Bought by
Ttd Re Investments Llc
Seller's Agent
Roger Wesch
EXP Realty - Marysville
Buyer's Agent
Thomas Dado
Community Choice Realty Inc
List Price
$129,900
Sold Price
$116,400
Premium/Discount to List
-$13,500
-10.39%
Total Days on Market
6
Current Estimated Value
$132,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,435
Avg. Annual Appreciation
1.64%
Original Mortgage
$100,735
Outstanding Balance
$97,229
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$24,543

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
Ttd Re Investments Llc $116,400 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ttd Re Investments Llc $100,735
Previous Owner Wesch Roger $64,449
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $116,400 -10.4% $72 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $129,900 -- $81 / 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
2024 $2,950 $55,800 $0 $0
2023 $2,794 $47,400 $0 $0
2022 $1,416 $37,100 $0 $0
2021 $1,352 $32,500 $0 $0
2020 $1,357 $28,500 $28,500 $0
2019 $1,351 $21,100 $0 $0
2018 $1,303 $21,100 $0 $0
2016 $1,059 $20,500 $0 $0
2015 $1,181 $20,000 $20,000 $0
2014 $1,181 $19,300 $19,300 $0
2013 -- $19,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221018633

Realcomp

APN: 06-743-1050-000