NOT LISTED FOR SALE

1027 N Chipman St Owosso, MI 48867

Estimated Value: $200,000 - $237,000

3 Beds
2 Baths
2,054 Sq Ft
$107/Sq Ft Est. Value

Last Sold April 27, 2017

Last sale price $98,500 $48 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,420/month

532 Days on Market

Highlights

  • Wood Flooring
  • Bar Fridge
  • Intercom
  • Fenced Yard
  • Bay Window
  • Home Security System

About This Home

As of April 2017

LOCATION LOCATION LOCATION!! Beautiful duplex in quiet north side neighborhood. Lower unit is one bedroom with original hardwood floor, cherry kitchen cabinets, tons of storage first floor laundry, access to basement. 1/2 bath with bedroom. Upstairs unit is fully carpeted, built ins, galley kitchen, private entrance. This duplex needs nothing. Live in the main floor and let the upstairs tenant make your payment. Perfect for extended families. Large yard with mature trees, could be separated into two lots. This is a must see. You won't be disappointed.

Last Agent to Sell the Property

Kris Delaney

Coldwell Banker Professionals Morrice/Owosso License #SAOR-6501368129 Listed on: 09/10/2015

Coldwell Banker Professionals Morrice/Owosso

Last Buyer's Agent

Kris Delaney

Coldwell Banker Professionals Morrice/Owosso License #SAOR-6501368129 Listed on: 09/10/2015

Coldwell Banker Professionals Morrice/Owosso

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 400 x 132
  • Private Entrance
  • Fenced Yard

Parking

  • 3 Car Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Bar Fridge
  • Window Treatments
  • Bay Window
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Block Basement Construction

Home Security

  • Home Security System
  • Intercom

Utilities

  • Boiler Heating System
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 050-537-000-012-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Originating MLS: Shiawassee
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Bay Window, Hardwood Floors, Security System, Window Treatment(s)
  • Appliances: Bar-Refrigerator, Dishwasher, Dryer, Intercom, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Features: Livroom Fireplace
  • Basement: Yes
  • Basement Type: Block, Walk Out
  • Bedrooms: 3
  • Bathroom Description: MstrBdrm W/Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Dining Kitchen: Formal Dining Room
  • Half Bathrooms: 1
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 2054

Exterior Features

  • Construction: Aluminum
  • Exterior Features: Fenced Yard, Storms/Screens, Street Lights
  • Frontage: 400
  • Foundation Type: Basement
  • Roads: Curbed

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Boiler
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Sidewalks, Street Lights, Private Entry

Lot Info

  • Assessor Parcel Number: 050-537-000-012-00
  • Location: Subdivision
  • Lot Dimensions: 400 X 132
  • Acreage: 0.76
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2014, Amount: $1,436.99
  • Winter Tax: Year: 2014, Amount: $1,619.83
  • Taxable Value: 56591
  • Total Tax: Year: 2014, Amount: $3,056.82
  • SEV Year: 2015

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Owosso Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2015
Closed on
Apr 27, 2017
Sold by
Collom Bette R and Estate Of Ellen K Gibson
Bought by
Hathaway James R
Seller's Agent
Kris Delaney
Coldwell Banker Professionals Morrice/Owosso
Buyer's Agent
Kris Delaney
Coldwell Banker Professionals Morrice/Owosso
List Price
$112,600
Sold Price
$98,500
Premium/Discount to List
-$14,100
-12.52%
Total Days on Market
532
Current Estimated Value
$219,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,716
Avg. Annual Appreciation
9.79%
Original Mortgage
$96,715
Interest Rate
4.62%
Mortgage Type
FHA
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
Hathaway James R $98,500 Cislo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hathaway James $93,000
Closed Hathaway James R $96,715
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2017 04/27/17 Sold $98,500 -12.5% $48 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
09/10/2015 09/10/15 For Sale $112,600 -- $55 / Sq Ft
Source: Michigan Multiple Listing Service

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 $3,071 $97,300 $0 $0
2023 $1,931 $87,500 $0 $0
2022 $2,978 $78,700 $0 $0
2021 $2,819 $73,800 $0 $0
2020 $2,838 $66,500 $0 $0
2019 $2,800 $59,800 $0 $0
2018 -- $59,200 $0 $0
2017 -- $58,500 $0 $0
2016 -- $58,500 $0 $0
2015 -- $57,300 $0 $0
2014 -- $55,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kris Delaney

    Coldwell Banker Professionals Morrice/Owosso

    (989) 277-1265

    23 Total Sales

    Kris Delaney
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31263607

Michigan Multiple Listing Service

APN: 050-537-000-012-00

Michigan Shiawassee County Owosso 48867

1027 N Chipman St, Owosso, MI

This home is located at 1027 N Chipman St, Owosso, MI 48867 since 10 September 2015 and is currently estimated at $219,216, approximately $106 per square foot. This property was built in 1920. 1027 N Chipman St is a home located in Shiawassee County with nearby schools including Owosso High School, Spring Vale Christian School, and Owosso Sda School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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