NOT LISTED FOR SALE

118 N Lansing St Owosso, MI 48867

Estimated Value: $109,000 - $124,000

2 Beds
2 Baths
1,277 Sq Ft
$93/Sq Ft Est. Value

Last Sold January 11, 2024

Last sale price $115,000 $90 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $835/month

55 Days on Market

About This Home

As of January 2024

OPEN HOUSE Sunday, Oct 22 from 2pm to 3:30pm! DUPLEX! Investment opportunity! 1 bedroom, 1 bath for both units! Separate meters! Nicely maintained, updated and ready to rent. Great opportunity to live in one unit and rent the other to cover your payment!

Last Listed By

Kori Shook

Kori Shook & Associates License #FAAR-125623 Listed on: 10/19/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1885

Lot Details

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

Interior Spaces

  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 2 Units
  • Al & Bo Williams Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050-660-014-015-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,103

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 1/2 Story
  • Year Built: 1885
  • Mail City: Owosso
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Yes
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 1277

Exterior Features

  • 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: 050-660-014-015-00
  • Lot Dimensions: 66x66
  • Acreage: 0.1
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $954.00
  • Winter Tax: Year: 2022, Amount: $1,140.00
  • Total Tax: Amount: $2,103.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Owosso Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Jan 11, 2024
Sold by
Brown Collene A
Bought by
Petersen Miles J
Seller's Agent
Kori Shook
Kori Shook & Associates
Buyer's Agent
Lisa Hitchcock
Kori Shook & Associates
List Price
$128,000
Sold Price
$115,000
Premium/Discount to List
-$13,000
-10.16%
Total Days on Market
55
Views
139
Current Estimated Value
$118,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,461
Avg. Annual Appreciation
-1.13%
Original Mortgage
$106,950
Outstanding Balance
$105,963
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$7,331

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Petersen Miles J $115,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petersen Miles J $106,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2024 01/11/24 Sold $115,000 -10.2% $90 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $128,000 -- $100 / 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 $2,148 $54,300 $0 $0
2023 $954 $46,800 $0 $0
2022 $2,070 $42,600 $0 $0
2021 $1,975 $40,000 $0 $0
2020 $2,012 $36,200 $0 $0
2019 $1,976 $30,300 $0 $0
2018 -- $29,900 $0 $0
2017 -- $29,400 $0 $0
2016 -- $29,400 $0 $0
2015 -- $29,400 $0 $0
2014 -- $29,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kori Shook

    Seller's Agent in 2024

    Kori Shook

    Kori Shook & Associates

    (989) 277-3295

    453 Total Sales

    Kori Shook
    Section Image
  • Lisa Hitchcock

    Buyer's Agent in 2024

    Lisa Hitchcock

    Kori Shook & Associates

    (989) 274-3921

    12 Total Sales

    Lisa Hitchcock
    Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50125735

Michigan Multiple Listing Service

APN: 050-660-014-015-00

Michigan Shiawassee County Owosso 48867

118 N Lansing St, Owosso, MI

Homes for Sale in Owosso, MI

This home is located at 118 N Lansing St, Owosso, MI 48867 since 19 October 2023 and is currently estimated at $118,461, approximately $92 per square foot. This property was built in 1885. 118 N Lansing St is a home located in Shiawassee County with nearby schools including Owosso High School, Salem Lutheran School, and St. Paul 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
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.