NOT LISTED FOR SALE

1946 Owosso Ave Owosso, MI 48867

Estimated Value: $160,000 - $184,845

4 Beds
2 Baths
1,980 Sq Ft
$88/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $120,000 $61 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,186/month

32 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of May 2020

Looking for a turn key investment? This property would also be great for someone looking to live in one side and rent the other side! This duplex has been well maintained,and the tenants keep the property looking great! NO work needed here, start making money from day one of ownership! Both units are rented to excellent tenants!

Last Agent to Sell the Property

Eric McBride

American Associates REALTORS License #FAAR-123067 Listed on: 02/16/2020

American Associates REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,589

Year Built

  • Built in 1990

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 93.5x132

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Internet Available

Additional Features

  • 1.5-Story Property
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 0076800100401

Community Details

Overview

  • 2 Units
  • Riverside Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,589

Year Built

Built in 1990

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: 1990
  • Mail City: Owosso
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Half Bathrooms: 2
  • Estimated Sq Ft: 1980

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Deck
  • Foundation Type: Crawl

Garage/Parking

  • Garage Type: Gar Door Opener
  • Garage Spaces: 2

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

Condo/Co-op/Association

  • Community Amenities: Laundry Facility

Lot Info

  • Assessments: 65
  • Assessments: Yes
  • Assessor Parcel Number: 0076800100401
  • Location: Subdivision
  • Lot Dimensions: 93.5x132
  • Acreage: 0.59
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $668.38
  • Winter Tax: Year: 2019, Amount: $1,920.17

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Owosso Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2020
Closed on
May 6, 2020
Sold by
Gorbutt Olynn A
Bought by
Southern Christina
Seller's Agent
Eric McBride
American Associates REALTORS
List Price
$124,900
Sold Price
$120,000
Premium/Discount to List
-$4,900
-3.92%
Current Estimated Value
$175,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,211
Avg. Annual Appreciation
6.71%
Original Mortgage
$117,826
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 24, 2016
Closed on
Aug 11, 2017
Sold by
Baker Onalie A and Baker Terry
Bought by
Gorbutt Olynn A
Seller's Agent
James Nichols
Burrell Real Estate
Buyer's Agent
Eric McBride
American Associates REALTORS
List Price
$114,900
Sold Price
$94,000
Premium/Discount to List
-$20,900
-18.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.32%

Purchase Details

Closed on
Sep 11, 2015
Sold by
Moore Christopher A and Moore Sharon M
Bought by
Moore Sharon M and Moore Christopher A

Purchase Details

Closed on
Jan 16, 2015
Sold by
Schneider Shannon
Bought by
Miros Raxanna K and Miros Charles S

Purchase Details

Closed on
Nov 2, 2010
Sold by
Baker Terry L and Baker Onalie A
Bought by
Baker Onalie A and Baker Terry L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Southern Christina $120,000 Crossroads Title
Gorbutt Olynn A $94,000 Cislo Title
Moore Sharon M -- --
Miros Raxanna K $116 --
Baker Onalie A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Southern Christina $116,699
Closed Southern Christina $117,826
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $120,000 -3.9% $61 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
02/16/2020 02/16/20 For Sale $124,900 +32.9% $63 / Sq Ft
08/11/2017 08/11/17 Sold $94,000 -18.2% $47 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
03/24/2016 03/24/16 For Sale $114,900 -- $58 / 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 $2,789 $107,500 $0 $0
2024 $2,789 $96,900 $0 $0
2023 $857 $86,200 $0 $0
2022 $1,803 $74,900 $0 $0
2021 $2,648 $68,500 $0 $0
2020 $1,497 $64,000 $0 $0
2019 $0 $56,000 $0 $0
2018 $2,530 $58,100 $0 $0
2017 $2,433 $53,700 $0 $0
2016 -- $53,700 $0 $0
2015 -- $59,900 $0 $0
2014 -- $56,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Eric McBride

    American Associates REALTORS

    (810) 691-3503

    30 Total Sales

    Eric McBride
    Section Image

  • J

    Seller's Agent in 2017

    James Nichols

    Burrell Real Estate

    (989) 494-8249

    14 in this area

    20 Total Sales

    James Nichols
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50006206

Michigan Multiple Listing Service

APN: 007-68-001-004-01

Michigan Shiawassee County Owosso 48867

1946 Owosso Ave, Owosso, MI

This home is located at 1946 Owosso Ave, Owosso, MI 48867 since 16 February 2020 and is currently estimated at $175,211, approximately $88 per square foot. This property was built in 1990. 1946 Owosso Ave is a home located in Shiawassee County with nearby schools including Corunna High School, St. Paul Catholic School, and St. Joseph 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
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