NOT LISTED FOR SALE

410 W Washington St Howell, MI 48843

Estimated Value: $353,000 - $398,000

6 Beds
4 Baths
2,991 Sq Ft
$125/Sq Ft Est. Value

Last Sold July 24, 2017

Last sale price $191,000 $64 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,543/month

4 Days on Market

Highlights

  • Covered patio or porch
  • Forced Air Heating System
  • High Speed Internet
  • Balcony

About This Home

As of July 2017

Take advantage of this fantastic income opportunity. This 4-plex has long term tenants and a great rental history. All tenants are month-to-month. The new owner can keep them or begin fresh. The property is situated on 2 full city lots offering plenty of parking and a sizable yard. There are absolutely no showings of this property until there is an accepted offer. The owner has contracted for a brand new roof to be installed in July. Please call the listing agent with any questions or concerns.

Last Listed By

Thomas Rafferty

RE/MAX Platinum License #6501226829 Listed on: 06/05/2017

RE/MAX Platinum

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 132.00x132.00

Home Design

  • Quadruplex
  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 2,991 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • On-Street Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 4 Units
  • Jewett Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1735403031
  • $2,000 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Type: Common
  • Sq Ft Combined: 2991
  • Total Sq Ft: 2991
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Michigan Basement
  • Construction Materials: Aluminum
  • Exterior Features: Lighting
  • Foundation Materials: Stone
  • Frontage Feet: 132
  • Porch Type: Balcony, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Assigned Spaces, On Street

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Separate Meters, Space Heater
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Howell

Lot Info

  • List Price per Acre: 472500.0000
  • Lot Size Area: 0.40
  • Lot Dimensions: 132.00X132.00
  • Parcel Number: 1735403031
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Deposit Amount: 50000.00
  • Rent Includes: Trash Collection (Garbage Pickup), Water/Sewer
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2400

Tax Info

  • Tax Amount Summer: 4423.0000
  • Tax Amount Winter: 558.0000
  • Total Tax: 4981.0000

Multi Family

  • Gross Scheduled Income: 28800.00
  • Number Of Units Total: 4
  • Unit Count: 4
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 4

MLS Schools

  • School District: Howell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2018
Sold by
Donaldson-Scheels K M
Bought by
Stoney Ridge Llc
Total Days on Market
4
Current Estimated Value
$372,716

Purchase Details

Listed on
Jun 5, 2017
Closed on
Jul 24, 2017
Sold by
Franchi Martha J
Bought by
Donaldson Scheels Kristina Marie
Seller's Agent
Thomas Rafferty
RE/MAX Platinum
Buyer's Agent
Linda Parker
Real Estate One-South Lyon
List Price
$189,000
Sold Price
$191,000
Premium/Discount to List
$2,000
1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$143,250
Interest Rate
3.9%
Mortgage Type
New Conventional

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
Stoney Ridge Llc -- --
Donaldson Scheels Kristina Marie $191,000 Select Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Donaldson Scheels Kristina Marie $143,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2017 07/24/17 Sold $191,000 +1.1% $64 / Sq Ft
06/09/2017 06/09/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $189,000 -- $63 / 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 $5,486 $152,800 $0 $0
2023 $5,235 $116,300 $0 $0
2022 -- $131,400 $0 $0
2021 $5,350 $133,600 $0 $0
2020 $5,426 $117,000 $0 $0
2019 $5,350 $94,300 $0 $0
2018 $5,745 $98,600 $0 $0
2017 $4,998 $98,600 $0 $0
2016 $4,980 $96,100 $0 $0
2014 $5,077 $85,000 $0 $0
2012 $5,077 $84,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217039628

Realcomp

APN: 17-35-403-031