NOT LISTED FOR SALE

307 E Exchange St Owosso, MI 48867

Estimated Value: $157,000 - $201,000

6 Beds
2 Baths
2,660 Sq Ft
$69/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $163,000 $61 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,301/month

14 Days on Market

Highlights

  • Colonial Architecture
  • 3.5 Car Detached Garage
  • Property is near schools
  • Wood Flooring
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of July 2023

Wonderful 2660 sq. foot, 2 story Colonial 2 unit property for sale! Each unit features 3 spacious bedrooms, and a full bath! Unit 1 (west unit) also has a 1st floor half bath. Original oak flooring and beautiful trim and doors thru-out! Living room, formal dining and nice kitchens all on the first level. Unit 2 (west side) has a spacious enclosed back porch. Each unit also has a basement with natural gas newer furnaces and Central air!! The west unit has a lovely sun room. The appliances are all included other than washer and dryer (east unit). Currently both units are rented, with rents each at $ 900.00 monthly with seller paying city water & sewer charges. Excellent location for shopping, working, schools and easy access to major highways!

Last Agent to Sell the Property

Mary Sumpter

Coldwell Banker Professionals Morrice/Owosso License #SAOR-6501259688 Listed on: 06/27/2023

Coldwell Banker Professionals Morrice/Owosso

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1910

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60x153

Parking

  • 3.5 Car Detached Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Oven or Range
  • Laundry on lower level

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Gas Water Heater
  • Internet Available

Community Details

  • 2 Units
  • City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050-470-018-010-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,522

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Originating MLS: Greater Shiawassee Association of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Colonial
  • Flood Plain: Unknown
  • Total Tax Amount: 3522.26
  • Total Tax Year: 2022
  • Year Built: 1910
  • Mail City: Owosso
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors, Window Treatment(s)
  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 6
  • Bathroom Description: First Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Dining Kitchen: Formal Dining Room
  • Sub Room Description: Den/Study/Lib, Entry, Family Room, Living Room, Lower Level Laundry, Sun/Florida Room
  • Half Bathrooms: 1
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 2660

Exterior Features

  • Construction: Aluminum
  • Exterior Features: Sidewalks, Street Lights
  • Frontage: 60
  • Foundation Type: Basement
  • Roads: Paved Street

Garage/Parking

  • Garage Type: Detached Garage, Electric In Garage
  • Garage Spaces: 3.5
  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Ceiling Fan(s), Central A/C
  • 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: 050-470-018-010-00
  • Location: Main Street, Walk To School
  • Lot Dimensions: 60X153
  • Acreage: 0.2
  • Lot Description: Deep Lot - 150+ Ft., Sidewalks
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,580.51
  • Winter Tax: Year: 2022, Amount: $1,941.75
  • Taxable Value: 59150
  • Total Tax: Year: 2022, Amount: $3,522.26
  • SEV Year: 2022

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Owosso Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2023
Closed on
Jul 26, 2023
Sold by
Lee Cheryl Renee
Bought by
Kevin R Caswell And Beverly K Caswell Trust
Seller's Agent
Mary Sumpter
Coldwell Banker Professionals Morrice/Owosso
List Price
$169,000
Sold Price
$163,000
Premium/Discount to List
-$6,000
-3.55%
Views
104
Current Estimated Value
$182,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,869
Avg. Annual Appreciation
6.69%

Purchase Details

Closed on
Jan 4, 2006
Sold by
Dedic Michelle F
Bought by
Jasinsky Leonard A and Lee Cheryl R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,001
Interest Rate
6.4%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 7, 2005
Sold by
Dedic Michelle F and Franks Edwin T
Bought by
Dedic Michelle F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,001
Interest Rate
6.4%
Mortgage Type
Fannie Mae Freddie Mac
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
Kevin R Caswell And Beverly K Caswell Trust $163,000 Ata National Title Group
Jasinsky Leonard A $135,000 Metropolitan Title Company
Dedic Michelle F -- Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jasinsky Leonard A $100,001
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold $163,000 -3.6% $61 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $169,000 -- $64 / 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 $3,657 $95,100 $0 $0
2024 $3,657 $86,300 $0 $0
2023 $1,624 $76,400 $0 $0
2022 $3,522 $69,400 $0 $0
2021 $3,361 $64,600 $0 $0
2020 $3,424 $61,500 $0 $0
2019 $3,363 $51,700 $0 $0
2018 -- $51,300 $0 $0
2017 -- $50,400 $0 $0
2016 -- $50,400 $0 $0
2015 -- $50,200 $0 $0
2014 -- $49,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50113644

Michigan Multiple Listing Service

APN: 050-470-018-010-00