NOT LISTED FOR SALE

1107 Chipman Ln Unit 1107 Owosso, MI 48867

Estimated Value: $270,000 - $288,000

3 Beds
3 Baths
2,495 Sq Ft
$242/mo HOA Fee

Last Sold December 06, 2021

Last sale price $235,000 $94 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,223/month

25 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Bar Fridge
  • Ranch Style House
  • Formal Dining Room
  • Walk-In Closet

About This Home

As of December 2021

Welcome To Austin's Riverfront Condominium Community - Carefree Condo Living At It's Finest - Delightful Home With Classic, Timeless Decor Complimenting A Spacious, Open Floor Plan - Well Designed Kitchen With Lots of Cabinets And A Large Pantry - Beautiful Living Room With Cathedral Ceiling - Popular, Split Bedroom Design - Primary Bedroom With EnSuite And Walk In Closet - Handy, First Floor Laundry - Enjoy Additional Living Space In The Walk Out Lower Level.....There's Plenty Of Room To Entertain Or Host Overnight Guests - Huge Family Room With Kitchenette, A Bright And Cheerful Third Bedroom, A Full Bathroom And A 23'x15' Storage Room Or Workshop Space - Whole House Living Without The Yard Work.....Which Gives You Lots Of Time To Enjoy The Outdoors From The Patio Or Sun Deck (Equipped With A Remote, Retractable Awning) - Sought After Location As It Overlooks The Wooded Area.....Charming, Well Maintained Home Will Exceed Your Expectations Of Condo Living!

Last Listed By

Sue Matznick

THE HOME OFFICE REALTY LLC License #SAOR Listed on: 09/30/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2002

HOA Fees

  • $242 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • Bar Fridge
  • Cathedral Ceiling
  • Window Treatments
  • Family Room
  • Formal Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available

Additional Features

  • Deck
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number 050-730-000-015-00

Community Details

Overview

  • Austin's Riverfront Condominium Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,028

Year Built

Built in 2002

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Originating MLS: Greater Shiawassee Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Condominium
  • Architecture Style: Ranch
  • Structure Style: Condo/Ranch 1st Flr
  • Year Built: 2002
  • Mail City: Owosso
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Cable/Internet Avail., Cathedral/Vaulted Ceiling, Walk-In Closet, Window Treatment(s)
  • Appliances: Bar-Refrigerator, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Egress/Daylight Windows, Finished, Full, Outside Entrance, Walk Out, Poured
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 15 x 12
  • Bedroom 2: On 1st Floor, Dimensions: 13 x 10
  • Bedroom 3: On Lower Floor, Dimensions: 13 x 11
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Bathroom 1: Dimensions: 9 x 6, On Level: First
  • Bathroom 2: Dimensions: 7 x 6, On Level: First
  • Bathroom 3: Dimensions: 11 x 9, On Level: Lower
  • Room Types: Family Room, First Floor Bedroom, First Floor Laundry, First Flr Primary Bedroom, Primary Bathroom, First Flr Full Bathroom, Formal Dining Room
  • Dining Room: On 1st Floor, Dimensions: 13 x 10
  • Family Room: On Lower Floor, Dimensions: 25 x 24
  • Kitchen: On 1st Floor, Dimensions: 14 x 10
  • Living Room: On 1st Floor, Dimensions: 26 x 13
  • Below Grade Sq Ft: 1470
  • Finished Below Grade Sq Ft: 1025
  • Above Grade Finished Sq Ft: 1470
  • Total Finished Sq Ft: 2495

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Exterior Features: Deck, Lawn Sprinkler
  • Foundation: Basement
  • Road: Paved Street

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Central A/C

Condo/Co-op/Association

  • HOA Fees: 725
  • HOA Fee Frequency: Quarterly
  • Pets: Yes
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 050-730-000-015-00
  • Site Condo: Yes
  • Geo Subdivision: MI

Rental Info

  • Pets Allowed: Yes
  • Pet Restriction: Size Limit

Tax Info

  • Summer Tax: Year: 2021, Amount: $2,606.00
  • Winter Tax: Year: 2020, Amount: $1,422.00
  • Total Tax: Amount: $4,028.00

MLS Schools

  • School District: Owosso Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Dec 6, 2021
Sold by
Flynn Teresa A
Bought by
Flynn Teresa A and Wilcox Marla A
Seller's Agent
Sue Matznick
THE HOME OFFICE REALTY LLC
Buyer's Agent
Morgan Beilfuss
THE HOME OFFICE REALTY LLC
List Price
$271,100
Sold Price
$235,000
Premium/Discount to List
-$36,100
-13.32%
Total Days on Market
25
Current Estimated Value
$280,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,735
Avg. Annual Appreciation
5.27%
Original Mortgage
$120,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2018
Closed on
Dec 5, 2018
Sold by
Burns Charles R and Burns Trust
Bought by
Losey Michael L and Losey Sandra K
Seller's Agent
Sue Matznick
THE HOME OFFICE REALTY LLC
Buyer's Agent
Sue Matznick
THE HOME OFFICE REALTY LLC
List Price
$217,100
Sold Price
$205,000
Premium/Discount to List
-$12,100
-5.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Interest Rate
4.81%

Purchase Details

Closed on
Jul 5, 2005
Sold by
Burns Charles Randel and Burns Virginia L
Bought by
Charles Randel & Virginia Lee Burns Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.87%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 20, 2005
Sold by
Walper Marjorie Strauch and Marjorie Strauch Walper Trust
Bought by
Burns Charles Randel and Burns Virginia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.87%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 5, 2004
Sold by
Chipman Lane Development Co Llc
Bought by
Walper Marjorie Strauch and Marjorie Strauch Walper Trust

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
Flynn Teresa A -- None Listed On Document
Flynn Teresa A $235,000 Ata National Title Group Llc
Losey Michael L $205,000 --
Charles Randel & Virginia Lee Burns Tr -- --
Burns Charles Randel $165,000 First American Title
Walper Marjorie Strauch $160,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flynn Teresa A $120,000
Previous Owner Losey Michael L --
Previous Owner Burns Charles Randel $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold $235,000 0.0% $94 / Sq Ft
11/15/2021 11/15/21 Price Changed $235,000 -13.3% $94 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $271,100 +32.2% $109 / Sq Ft
11/26/2018 11/26/18 Sold $205,000 -3.8% $89 / Sq Ft
09/05/2018 09/05/18 Price Changed $213,100 -1.8% $93 / Sq Ft
07/06/2018 07/06/18 For Sale $217,100 -- $95 / 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 $4,918 $128,100 $0 $0
2023 $3,093 $120,700 $0 $0
2022 $4,758 $107,300 $0 $0
2021 $3,947 $99,600 $0 $0
2020 $4,073 $97,900 $0 $0
2019 $4,019 $0 $0 $0
2018 -- $0 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50056534

Michigan Multiple Listing Service

APN: 050-730-000-015-00