NOT LISTED FOR SALE

422 Fowler St Howell, MI 48843

Estimated Value: $273,000 - $326,968

4 Beds
2 Baths
1,536 Sq Ft
$194/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $156,000 $102 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,091/month

45 Days on Market

Highlights

  • Lake Privileges
  • 1-Story Property
  • Ceiling Fan
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • 4 Car Garage

About This Home

As of November 2016

Outstanding Investment Opportunity~~Well Maintained Ranch Duplex Located in Downtown Howell with Consistent Rental History~~Each Unit is Currently Leased Featuring Two Bedrooms, One Full Bathroom, Spacious Kitchen, Living Room and Full Private Basement~~Hardwood Floors Transition the Living Rooms, Bedrooms, and Hallways~~Kitchen Appliances are included with Each Unit~~Metered Separately for Sewer/Water, Gas and Electric~~Great Storage for Tenants in the Private Basements and Shared 2 1/2 Car Garage~~Laundry Facilities Located in each Basement~~Separate Mechanicals including Furnaces, Central Air & Hot Water Heaters~~The windows, Roof, A/C Condensers, 1 HWH & 1 Furnace were updated by a Previous Owner~~Walking Distance to Downtown, Shopping, Restaurants, Schools, Parks and Library~~Minutes to I-96~~Rent Both Units or Live in One while Renting the Other~~
24 Hour Notice Minimum for All Showings~~Please DO NOT approach Tenants~~Pre-Qualified Buyers Only Please~~

Last Listed By

Tim Sova

RE/MAX Platinum License #6502360713 Listed on: 08/29/2016

RE/MAX Platinum

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1967

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 143.00x69.20
  • Private Entrance

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,536 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Interior Basement Entry

Parking

  • 4 Car Garage
  • On-Street Parking
  • Assigned Parking

Outdoor Features

  • Lake Privileges
  • Covered patio or porch
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1736301081
  • $500 Seller Concession

Community Details

Overview

  • 2 Units
  • Assr's Plat No 8 Howell City Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Water Sports

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,566

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 Story
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Private, Unfinished
  • Sq Ft Combined: 1536
  • Total Sq Ft: 1536
  • Sq Ft Total Bsmt: 1500

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Thompson Lake
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Lighting, Private Entry
  • Foundation Materials: Poured
  • Frontage Feet: 143
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • MF Parking: Assigned Spaces, Garages, On Street
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, Separate Meter
  • Heating: Forced Air, Separate Meters
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas, Separate Meters
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Howell

Lot Info

  • List Price per Acre: 738695.6522
  • Lot Size Area: 0.23
  • Lot Dimensions: 143.00X69.20
  • Parcel Number: 1736301081
  • Zoning: Residential

Rental Info

  • Rent Includes: Snow Removal, Yard Maintenance
  • Monthly Rental Income: 1450

Tax Info

  • Tax Amount Summer: 3163.0000
  • Tax Amount Winter: 403.0000
  • Total Tax: 3566.0000

Multi Family

  • Waterfront Features: All Sports Lake
  • Gross Scheduled Income: 17400.00
  • Number Of Units Total: 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

Listed on
Aug 29, 2016
Closed on
Nov 18, 2016
Sold by
Grand Lake Building Llc
Bought by
Struhar Joseph A
Seller's Agent
Tim Sova
RE/MAX Platinum
Buyer's Agent
Christine Tiderington
Coldwell Banker Town & Country
List Price
$169,900
Sold Price
$156,000
Premium/Discount to List
-$13,900
-8.18%
Total Days on Market
45
Current Estimated Value
$298,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,742
Avg. Annual Appreciation
7.91%

Purchase Details

Closed on
May 2, 2005
Sold by
Quinn Kathleen Marie and Singer Michelle Marie
Bought by
Young Gary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
7.25%
Mortgage Type
Stand Alone First

Range of Values:

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Average Value
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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
Struhar Joseph A $156,000 Select Title Company
Young Gary E $186,000 Capital Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Gary E $186,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2016 11/18/16 Sold $156,000 -8.2% $102 / Sq Ft
10/13/2016 10/13/16 Pending -- -- --
08/29/2016 08/29/16 For Sale $169,900 -- $111 / 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 $5,015 $147,000 $0 $0
2023 $4,786 $110,100 $0 $0
2022 $5,071 $122,400 $0 $0
2021 $3,354 $107,200 $0 $0
2020 $3,363 $105,700 $0 $0
2019 $3,323 $86,200 $0 $0
2018 $3,504 $89,000 $0 $0
2017 $3,493 $89,000 $0 $0
2016 $3,635 $86,100 $0 $0
2014 $3,614 $76,000 $0 $0
2012 $3,614 $60,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216084248

Realcomp

APN: 17-36-301-081