NOT LISTED FOR SALE

321 E Exchange St Owosso, MI 48867

Estimated Value: $202,659 - $223,000

4 Beds
3 Baths
2,454 Sq Ft
$87/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $175,000 $71 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,499/month

11 Days on Market

Highlights

  • Barn or Stable
  • Corner Lot
  • Porch
  • Farmhouse Style Home
  • 1 Car Detached Garage
  • Bay Window

About This Home

As of October 2022

Very attractive historic tri-plex and fabulous renovated carriage house. Buy this income property with peace of mind knowing that the owners have always taken great care of it. Apt 1 has just been professionally painted with a neutral color with white trim. New ceiling too. So sharp! New carpeting. Newer kitchen and bath. Two gorgeous stained glass bay windows. What is there not to love? Also in 2022 are three new furnaces and water heater. Apt 2 has two spacious bedrooms, and a nice sized living room, galley kitchen, and full bath. Back Apt is a one bedroom, living room, full bath, kitchen, and porch with a personal storage area. Vinyl windows throughout. Carriage house is a one of a kind. The sellers took great consideration into the major structural renovation of this original carriage house. It's amazing! A completely new foundation was built, new cement flooring and drive, roof, new doors and window, and recently completely painted. With the second story it gives you the potential for additional projects. Enjoy the convenience of this downtown setting which is just a short walk to shopping. Nice covered porch, too!

Last Agent to Sell the Property

Debra Minton

THE HOME OFFICE REALTY LLC License #SAOR Listed on: 08/18/2022

Last Buyer's Agent

Michael Schild

Red Oak Associates License #6501444030

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1880

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 41x132
  • Corner Lot
  • Many Trees

Home Design

  • Farmhouse Style Home
  • Property Attached
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Window Treatments
  • Bay Window
  • Living Room
  • Laundry on main level

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Basement

  • Michigan Basement
  • Block Basement Construction

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Gas Water Heater
  • Internet Available

Additional Features

  • Porch
  • Barn or Stable

Community Details

  • 3 Units
  • Original Of City Of Owosso Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050-470-018-007-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,935

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Originating MLS: Greater Shiawassee Association of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units, Attached
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Farm House
  • Sub Structure Types: Barn
  • Year Built: 1880
  • Mail City: Owosso
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: 9 Ft + Ceilings, Bay Window, Cable/Internet Avail., Window Treatment(s)
  • Appliances: Microwave, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Block, MI Basement
  • Bedrooms: 4
  • Bathroom Description: Master Bedroom Bath, Shared
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Dining Kitchen: Breakfast Nook/Room
  • Sub Room Description: First Floor Laundry, Living Room
  • Estimated Sq Ft: 2454

Exterior Features

  • Construction: Wood
  • Exterior Features: Porch, Sidewalks, Street Lights
  • Foundation Type: Basement
  • Roads: Paved Street

Garage/Parking

  • Garage Type: Detached Garage, Electric In Garage, Gar Door Opener, Workshop
  • Garage Spaces: 1
  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Ceiling Fan(s), Wall/Window A/C
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 050-470-018-007-00
  • Location: Corner Lot, Subdivision
  • Lot Dimensions: 41x132
  • Acreage: 0.12
  • Lot Description: Platted, Sidewalks, Treed
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,361.00
  • Winter Tax: Year: 2021, Amount: $1,574.00
  • Total Tax: Amount: $2,935.00

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Owosso Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Oct 21, 2022
Sold by
Moberg Diane K
Bought by
Triggs Alex
Seller's Agent
Debra Minton
THE HOME OFFICE REALTY LLC
Buyer's Agent
Michael Schild
Red Oak Associates
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%
Current Estimated Value
$212,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,665
Avg. Annual Appreciation
0.33%
Original Mortgage
$171,830
Outstanding Balance
$167,110
Interest Rate
6.02%
Mortgage Type
FHA
Estimated Equity
$9,413
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
Triggs Alex $175,000 Ata National Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Triggs Alex $171,830
Previous Owner Moberg Robert D $83,964
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $175,000 -7.8% $71 / Sq Ft
08/18/2022 08/18/22 For Sale $189,900 -- $77 / 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 $3,785 $75,900 $0 $0
2023 $1,861 $67,800 $0 $0
2022 $2,743 $61,500 $0 $0
2021 $2,896 $57,200 $0 $0
2020 $2,949 $53,100 $0 $0
2019 $2,897 $45,200 $0 $0
2018 -- $44,900 $0 $0
2017 -- $43,900 $0 $0
2016 -- $43,900 $0 $0
2015 -- $43,700 $0 $0
2014 -- $42,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Debra Minton

    THE HOME OFFICE REALTY LLC

    (989) 295-2540

    19 Total Sales

    Section Image

  • M

    Buyer's Agent in 2022

    Michael Schild

    Red Oak Associates

    (989) 472-4700

    17 Total Sales

    Michael Schild
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50087254

Michigan Multiple Listing Service

APN: 050-470-018-007-00

Michigan Shiawassee County Owosso 48867

321 E Exchange St, Owosso, MI

This home is located at 321 E Exchange St, Owosso, MI 48867 since 18 August 2022 and is currently estimated at $212,665, approximately $86 per square foot. This property was built in 1880. 321 E Exchange St is a home located in Shiawassee County with nearby schools including Owosso High School, Salem Lutheran 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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