$220,000
SOLD MAY 12, 2025

1903 Herman St Unit 1905 Owosso, MI 48867

4 Beds
2.5 Baths
2,040 Sq Ft
0.4 Acres

Recently Sold

$108 Per Sq Ft

5% Above List Price

3 Days on Market

Highlights

  • Deck
  • Porch
  • Forced Air Heating System
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of May 2025

Prime Investment Opportunity – Versatile Duplex Just Outside the City! This well-maintained duplex presents an excellent opportunity for investors or live-in landlords seeking rental income while enjoying a comfortable residence. East unit features spacious living room, kitchen, dining area and a convenient laundry room with half bath. Also included; two bedrooms - the north bedroom thoughtfully designed as a home office with built-in desk and sweet Murphy bed, maximizing both function and space. The West unit offers a similar layout with a living room, kitchen, dining area, laundry space, well-sized bedrooms and a full bath. Each unit enjoys private access to a back deck, perfect for relaxation, along with a dedicated one-car garage. Take advantage of this exceptional opportunity for investment housing!

Last Agent to Sell the Property

Kimberly Omer

RE/MAX OF OWOSSO License #SAOR-6501141258 Listed on: 03/29/2025

RE/MAX OF OWOSSO

Last Buyer's Agent

Christopher Lotz

Real Estate One-Brighton License #6501428832

Real Estate One-Brighton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1970

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 270x145

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 006-80-040-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,815

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Originating MLS: Greater Shiawassee Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Styles: Ranch
  • Total Tax Amount: 1815.11
  • Total Tax Year: 2024
  • Year Built: 1970
  • Mail City: Owosso
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 2040
  • Half Bathrooms: 1

Exterior Features

  • Exterior Features: Deck, Porch
  • Frontage: 270
  • Sideof Street: S
  • Foundation Type: Crawl

Garage/Parking

  • Garage Type: Attached Garage
  • Garage Spaces: 2

Utilities

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

Lot Info

  • Assessor Parcel Number: 006-80-040-000
  • Lot Dimensions: 270x145
  • Acreage: 0.4

Tax Info

  • Summer Tax: Year: 2024, Amount: $425.30
  • Winter Tax: Year: 2024, Amount: $1,389.81
  • Total Tax: Year: 2024, Amount: $1,815.11

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Owosso Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2025
Closed on
May 8, 2025
Sold by
Wayne D Setterington D and Wayne Jane M
Bought by
Johnson Chadley Kenneth
Seller's Agent
Kimberly Omer
RE/MAX OF OWOSSO
Buyer's Agent
Christopher Lotz
Real Estate One-Brighton
List Price
$209,950
Sold Price
$220,000
Premium/Discount to List
$10,050
4.79%
Views
25
Current Estimated Value
$227,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,479
Avg. Annual Appreciation
9.20%
Original Mortgage
$216,015
Outstanding Balance
$215,250
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
$12,229

Purchase Details

Closed on
May 20, 2024
Sold by
Setterington Wayne D and Setterington Jane M
Bought by
Setterington Wayne D and Grant Jane

Purchase Details

Closed on
Mar 15, 2013
Sold by
Setterington Wayne D
Bought by
Setterington Wayne D and Setterington Jane M

Purchase Details

Listed on
Nov 10, 2011
Closed on
Dec 23, 2011
Sold by
Bank Of New York Mellon
Bought by
Setterington Wayne D
Seller's Agent
Lance Omer
RE/MAX OF OWOSSO
Buyer's Agent
Jane Setterington
SETTERINGTON PROPERTIES
List Price
$29,900
Sold Price
$35,000
Premium/Discount to List
$5,100
17.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.58%
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 Type Sale Price Title Company
Warranty Deed $220,000 Cislo Title
Warranty Deed $220,000 Cislo Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- --
Deed $35,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $216,015 FHA
Closed $216,015 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2025 05/12/25 Sold $220,000 +4.8% $108 / Sq Ft
04/06/2025 04/06/25 Pending -- -- --
04/02/2025 04/02/25 For Sale $209,950 +499.9% $103 / Sq Ft
01/04/2012 01/04/12 Sold $35,000 +17.1% $18 / Sq Ft View Prior Sale
12/07/2011 12/07/11 Pending -- -- --
11/10/2011 11/10/11 For Sale $29,900 -- $15 / 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 $1,815 $50,300 $0 $0
2024 $1,804 $44,500 $0 $0
2023 $406 $41,800 $0 $0
2022 $387 $37,200 $0 $0
2021 $1,637 $39,200 $0 $0
2020 $1,627 $37,800 $0 $0
2019 $1,599 $30,700 $0 $0
2018 $1,595 $30,800 $0 $0
2017 $1,130 $30,500 $0 $0
2016 -- $30,500 $0 $0
2015 -- $30,400 $0 $0
2014 $6 $29,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50169990

Michigan Multiple Listing Service

APN: 006-80-040-000