NOT LISTED FOR SALE

112 N Elm St Owosso, MI 48867

Estimated Value: $119,000 - $133,023

6 Beds
2 Baths
3,032 Sq Ft
$41/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $120,000 $40 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $938/month

31 Days on Market

About This Home

As of April 2024

Investment Opportunity! Side by side duplex! Each unit offers 3 bedrooms and 1 bath. Separate utilities, paid by tenants. Great potential!

Last Agent to Sell the Property

Kori Shook

Kori Shook & Associates License #FAAR-125623 Listed on: 11/29/2023

Last Buyer's Agent

Jacob Newman

The Home Office Realty LLC License #FAAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 66x66

Interior Spaces

  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 2 Units
  • Lucy L Comstocks Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050-120-008-002-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,975

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2975
  • Year Built: 1910
  • Mail City: Owosso
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 3032

Exterior Features

  • Frontage: 66
  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 050-120-008-002-00
  • Lot Dimensions: 66x66
  • Acreage: 0.1
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $1,355.00
  • Winter Tax: Year: 2022, Amount: $1,620.00
  • Total Tax: Amount: $2,975.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Owosso Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Apr 18, 2024
Sold by
Stevens Realty Llc
Bought by
Rickman Colton
Seller's Agent
Kori Shook
Kori Shook & Associates
Buyer's Agent
Jacob Newman
The Home Office Realty LLC
List Price
$119,900
Sold Price
$120,000
Premium/Discount to List
$100
0.08%
Views
110
Current Estimated Value
$125,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,506
Avg. Annual Appreciation
3.35%
Original Mortgage
$35,000
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2021
Sold by
Stevens Kenneth
Bought by
Stevens Realty Llc

Purchase Details

Closed on
Jun 15, 2021
Sold by
Gt Realty Llc
Bought by
Stevens Kenneth
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
Rickman Colton $120,000 None Listed On Document
Stevens Realty Llc -- None Available
Stevens Kenneth $85,000 Ata National Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rickman Colton $181,500
Closed Rickman Colton $21,000
Closed Schafer Benjamin $35,000
Closed Rickman Colton $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold $120,000 +0.1% $40 / Sq Ft
12/30/2023 12/30/23 Pending -- -- --
11/29/2023 11/29/23 For Sale $119,900 -- $40 / 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
2025 $3,051 $63,400 $0 $0
2024 $3,051 $57,700 $0 $0
2023 $1,355 $51,700 $0 $0
2022 $2,939 $47,000 $0 $0
2021 $2,139 $44,100 $0 $0
2020 $2,179 $39,700 $0 $0
2019 $2,140 $32,800 $0 $0
2018 -- $32,600 $0 $0
2017 -- $33,000 $0 $0
2016 -- $33,000 $0 $0
2015 -- $32,700 $0 $0
2014 -- $32,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50128917

Michigan Multiple Listing Service

APN: 050-120-008-002-00