1350 E M 21 Owosso, MI 48867
Estimated payment $6,667/month
About This Home
Outstanding investment opportunity with long-term leases in place with the Social Security Administration and Orthopedic Associates. The building is in excellent condition and has undergone numerous updates, including a full lower-level renovation in 2021, roof and gutter replacements, five new HVAC units installed in 2018, and a resurfaced parking lot in 2021. In 2022, the Social Security office was renovated at a cost of $1.5 million to meet federal guidelines, per seller. This is a turnkey property with strong tenants, significant capital improvements, and reliable income potential.
Property Details
Property Type
- Other
Est. Annual Taxes
Lot Details
- 42,689 Sq Ft Lot
- Lot Dimensions are 114x304x116x307
- Zoning described as Commercial, Office
Home Design
- 10,720 Sq Ft Home
- Brick Exterior Construction
- Slab Foundation
Listing and Financial Details
- Assessor Parcel Number 00720100015
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $19,791 | $348,200 | $0 | $0 |
| 2024 | $19,791 | $337,900 | $0 | $0 |
| 2023 | $5,173 | $459,600 | $0 | $0 |
| 2022 | $4,258 | $131,100 | $0 | $0 |
| 2021 | $6,949 | $166,600 | $0 | $0 |
| 2020 | $5,015 | $182,900 | $0 | $0 |
| 2019 | $7,531 | $149,200 | $0 | $0 |
| 2018 | $6,595 | $148,700 | $0 | $0 |
| 2017 | $6,813 | $159,000 | $0 | $0 |
| 2016 | $8,145 | $159,000 | $0 | $0 |
| 2015 | $8,145 | $279,500 | $0 | $0 |
| 2014 | -- | $281,500 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/23/2025 10/23/25 | Price Changed | $1,000,000 | -9.1% | $93 / Sq Ft |
| 07/02/2025 07/02/25 | Price Changed | $1,100,000 | -21.4% | $103 / Sq Ft |
| 05/30/2025 05/30/25 | For Sale | $1,400,000 | -- | $131 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $275,000 | Midstate Title Agency | |
| Warranty Deed | $425,000 | First American Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $400,000 | Commercial |
Source: Realcomp
MLS Number: 20251002889
APN: 007-20-100-015
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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