NOT LISTED FOR SALE

417 Lake St Howell, MI 48843

Estimated Value: $289,193 - $346,000

4 Beds
2 Baths
1,710 Sq Ft
$179/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $200,000 $117 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,071/month

1 Day on Market

Highlights

  • 0.3 Acre Lot
  • Forced Air Heating and Cooling System
  • 4-minute walk to Page Field
  • Covered patio or porch
  • High Speed Internet

About This Home

As of October 2020

Fantastic investment opportunity in an extremely desirable location in downtown Howell. Located just steps away from the Thompson Lake boat launch and a short walk from the Howell City Park. The current owners have been easily renting out this duplex for 30 years. Both units have hardwood flooring on the first floor. The roof on the house was just replaced earlier this year. Both furnaces are less than 10 years old. True duplex with the basement even being split. Each unit has laundry hookups in the basement. Current leases are through 3/1/21.

Last Agent to Sell the Property

Joe Barnwell

KW Realty Livingston License #6501327499 Listed on: 10/07/2020

KW Realty Livingston

Co-Listed By

Linda Barnwell

KW Realty Livingston License #6501281164

Last Buyer's Agent

HongHao Meng

Prestige Real Estate Group LLC License #RCO-6501401149

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 0.3

Home Design

  • Duplex
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,710 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • 0.3 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 1736103060

Community Details

Overview

  • 2 Units
  • Eugene E Howes Add No 1 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,102

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1900
  • State Equalized Value: 77500.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Interior Access Only, Private, Unfinished
  • Sq Ft Combined: 1710
  • Total Sq Ft: 1710
  • Sq Ft Total Bsmt: 880

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement, Michigan Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Stone
  • Frontage Feet: 104
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer-Sanitary
  • Water Heater Fuel: Natural Gas
  • Water Source: Municipal Water
  • Laundry Facilities: No

Schools

  • School District: Howell

Lot Info

  • List Price per Acre: 666666.6667
  • Lot Size Area: 0.30
  • Lot Dimensions: irregular
  • Parcel Number: 1736103060
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Rent Includes: Garbage Pickup
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1680

Tax Info

  • Tax Amount Summer: 3656.0000
  • Tax Amount Winter: 446.0000
  • Total Tax: 4102.0000
  • Taxable Value: 72756.0000

Multi Family

  • Gross Scheduled Income: 20160.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Howell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2021
Sold by
Meng Hong Hao
Bought by
Ho Jonathan
Total Days on Market
1
Current Estimated Value
$305,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,377
Outstanding Balance
$178,298
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$122,597

Purchase Details

Listed on
Oct 7, 2020
Closed on
Oct 22, 2020
Sold by
Andersen Stephen E and Andersen Edward Stephen
Bought by
Meng Hong Hao
Seller's Agent
Joe Barnwell
KW Realty Livingston
Buyer's Agent
HongHao Meng
Prestige Real Estate Group LLC
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%

Purchase Details

Closed on
Dec 21, 2001
Sold by
Kleinau Bonnie J and Andersen Bonnie J
Bought by
Andersen Stephen E
Source: Public Records

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
Ho Jonathan $200,000 None Available
Meng Hong Hao $200,000 None Available
Andersen Stephen E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Jonathan $196,377
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $200,000 0.0% $117 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $200,000 -- $117 / 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 $4,334 $108,700 $0 $0
2023 $4,136 $83,500 $0 $0
2022 $4,962 $89,900 $0 $0
2021 $4,831 $88,100 $0 $0
2020 $4,108 $77,500 $0 $0
2019 $4,051 $71,400 $0 $0
2018 $4,142 $74,200 $0 $0
2017 $4,080 $74,200 $0 $0
2016 $4,066 $71,700 $0 $0
2014 $3,789 $76,500 $0 $0
2012 $3,789 $71,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200083175

Realcomp

APN: 17-36-103-060