NOT LISTED FOR SALE

501 Fowler St Howell, MI 48843

Estimated Value: $278,000 - $427,000

8 Beds
4 Baths
3,456 Sq Ft
$99/Sq Ft Est. Value

Last Sold July 18, 2018

Last sale price $325,000 $94 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,248/month

4 Days on Market

Highlights

  • 0.5 Acre Lot
  • Zoned Heating
  • Baseboard Heating
  • Lobby
  • 1-Story Property
  • Laundry Facilities

About This Home

As of July 2018

Two Duplexes are Better than One~~Here's your Chance to Own Two Duplexes Each on .24 Acres and Walking Distance to Downtown Howell~~Each of the Four Units include: Living Rm, Kitchen, Dinette, Two Bedrooms, Full Bath, Patio & Two Parking Spaces~~Meticulously Maintained Each Building has been updated over the Years with New Shingles 2007, New Carpet and Paint in Units 501 & 509 and 4 of the 6 Hot Water Heaters Replaced~~Excellent Rental History with all Units Currently Rented~~Each Building has a Common Entrance Leading to the Units & Laundry Facilities w/ Coin Operated Washer & Dryers~~Windows are Not Original & Each Unit Includes a Wall A/C~~Zoned Electric Heat Allows Tenants to more Efficiently Manage their Electric~~Water, Electric in the Common Laundry Area & Garbage have been the Landlord's Responsibility~~Each Building has a Storage Shed for Tenants to Use~~Both Duplexes are being Sold Together~~Truly a Great Investment at $159,950.00 Per Building~~Hurry~~

Last Agent to Sell the Property

Tim Sova

RE/MAX Platinum License #6502360713 Listed on: 06/10/2018

RE/MAX Platinum

Last Buyer's Agent

Anna Lawley

National Realty Centers, Inc License #6501374841

National Realty Centers, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1974 | Remodeled in 2017

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 79x132

Home Design

  • Quadruplex
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 3,456 Sq Ft Home
  • 1-Story Property

Parking

  • 8 Parking Spaces
  • Paved Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Radiant Heating System
  • Separate Water Meter
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1736302024

Community Details

Overview

  • 4 Units
  • Cowdrys Add Subdivision

Amenities

  • Laundry Facilities
  • Lobby

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,518

Year Built

Built in 1974 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Common Entry Building, Quadruplex
  • Architecture Level: 1 Story
  • Year Built: 1974
  • Year Renovated: 2017
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Laundry Facility
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Sq Ft Combined: 3456
  • Total Sq Ft: 3456

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Aluminum
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 158
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Paved
  • Total Parking Spaces: 8

Utilities

  • Heating Fuel: Electric
  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Radiant, Zoned
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric, Separate Meters
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Howell

Lot Info

  • List Price per Acre: 639800.0000
  • Lot Size Area: 0.50
  • Lot Dimensions: 79X132
  • Parcel Number: 1736302024
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Snow Removal, Water/Sewer, Yard Maintenance
  • Monthly Rental Income: 3275

Tax Info

  • Tax Amount Summer: 4898.0000
  • Tax Amount Winter: 620.0000
  • Total Tax: 5518.0000

Multi Family

  • Gross Scheduled Income: 41100.00
  • Number Of Units Total: 4
  • Unit Count: 1
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 4

MLS Schools

  • School District: Howell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2004
Sold by
Chamberlain Keith W
Bought by
Cardinal David G and Cardinal Lisa B
Total Days on Market
4
Current Estimated Value
$343,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Cardinal David G $119,000 --
Cardinal David G $119,000 --
Cardinal David G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardinal David G $144,000
Previous Owner Cardinal David G $113,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2018 07/18/18 Sold $325,000 +1.6% $94 / Sq Ft
06/14/2018 06/14/18 Pending -- -- --
06/10/2018 06/10/18 For Sale $319,900 -- $93 / 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 $3,909 $116,200 $0 $0
2023 $3,731 $87,800 $0 $0
2022 $3,953 $94,600 $0 $0
2021 $3,813 $82,400 $0 $0
2020 $3,867 $81,200 $0 $0
2019 $3,813 $67,200 $0 $0
2018 $2,800 $68,800 $0 $0
2017 $2,758 $68,800 $0 $0
2016 $2,749 $65,900 $0 $0
2014 $2,749 $58,700 $0 $0
2012 $2,749 $44,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218051252

Realcomp

APN: 17-36-302-024