NOT LISTED FOR SALE

527 E Grand River Ave Howell, MI 48843

Estimated Value: $268,728

4 Beds
2 Baths
1,508 Sq Ft
$178/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $250,000 $166 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,951/month

3 Days on Market

Highlights

  • Lake Privileges
  • Programmable Thermostat
  • Water Softener is Owned
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • 3 Car Garage

About This Home

As of May 2022

HIGHEST AND BEST DUE BY APRIL 30TH 8:00 P.M. Great opportunity for investor income. Perfect location on Grand River, next to police station and walking distance to Historic Downtown Howell. First floor has 2 bedrooms, full bath, living space, dining room and kitchen. Upper unit has 2 bedrooms, one full bath and kitchenette. Downstairs has washer and dryer. All appliances included. New Roof on Home and garage - 2010. New Windows - 2010. New Siding - 2010. Great long term rents currently in place. Home could be converted back to a single family if so choose. Upstairs can be used as a single bedroom, studio type or could use as a two bedroom. Great opportunity for an office on the upper level as well.

Last Listed By

Tina Hess

Remerica United Realty-Brighton License #6501373986 Listed on: 04/27/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1890 | Remodeled in 2010

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 66.00x157.00

Parking

  • 3 Car Garage

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,508 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Walk-Up Access

Outdoor Features

  • Lake Privileges
  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 1736307047

Community Details

Overview

  • 2 Units
  • Cowdrys Add Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Water Sports

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,429

Year Built

Built in 1890 | Remodeled in 2010

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1890
  • State Equalized Value: 90200.0000
  • Year Renovated: 2010
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail, Laundry Facility, Programmable Thermostat, Water Softener (owned)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Walk-Up Access
  • Sq Ft Combined: 1508
  • Total Sq Ft: 1508
  • Sq Ft Total Bsmt: 1124

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Thompson Lake
  • Foundation Details: Basement, Michigan Basement
  • Construction Materials: Vinyl, Wood
  • Exterior Features: Lighting
  • Foundation Materials: Stone, Poured
  • Frontage Feet: 66
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Privileges

Garage/Parking

  • MF Parking: Garage, Paved
  • Total Parking Spaces: 3

Utilities

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

Schools

  • School District: Howell

Lot Info

  • Lot Size Area: 0.24
  • Lot Dimensions: 66.00X157.00
  • Parcel Number: 1736307047
  • Zone Conform: Yes
  • Zoning: Commercial

Rental Info

  • Rent Includes: Water/Sewer, Snow Removal, Trash Collection, Water, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1695

Tax Info

  • Tax Amount Summer: 3960.0000
  • Tax Amount Winter: 469.0000
  • Total Tax: 4429.0000
  • Taxable Value: 79670.0000

Multi Family

  • Waterfront Features: All Sports Lake
  • Gross Scheduled Income: 20340.00
  • 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

Listed on
Apr 27, 2022
Closed on
May 19, 2022
Sold by
Chandler Iii Ernest E and Chandler Ann Kelly
Bought by
Livcounty Llc
Seller's Agent
Tina Hess
Remerica United Realty-Brighton
Buyer's Agent
Meghan Zoll
KW Realty Livingston
List Price
$250,000
Sold Price
$250,000
Total Days on Market
3
Current Estimated Value
$268,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,728
Avg. Annual Appreciation
2.41%

Purchase Details

Closed on
Mar 31, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Chandler Ii Ernest E and Chandler Kelly Ann

Purchase Details

Closed on
Aug 8, 2002
Sold by
Maurier Drew C and Maurier Cynthia M
Bought by
Franchi Stephen A and Franchi Martha J

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
Livcounty Llc $250,000 None Listed On Document
Chandler Ii Ernest E $35,000 --
Franchi Stephen A $180,000 Select Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2022 05/19/22 Sold $250,000 0.0% $166 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $250,000 -- $166 / 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 $5,362 $0 $0 $0
2023 $5,117 $103,300 $0 $0
2022 $4,536 $93,400 $0 $0
2021 $4,375 $90,200 $0 $0
2020 $4,437 $88,800 $0 $0
2019 $4,375 $95,900 $0 $0
2018 $4,300 $79,700 $0 $0
2017 $4,236 $79,700 $0 $0
2016 $4,221 $79,700 $0 $0
2014 $4,491 $73,900 $0 $0
2012 $4,491 $72,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220030359

Realcomp

APN: 17-36-307-047