NOT LISTED FOR SALE

321 E Mason St Owosso, MI 48867

Estimated Value: $72,000 - $87,000

3 Beds
2 Baths
1,100 Sq Ft
$74/Sq Ft Est. Value

Last Sold November 06, 2024

Last sale price $75,000 $68 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $543/month

4 Days on Market

About This Home

As of November 2024

Great investment opportunity! Two bedroom, one bath unit on the main level and one bedroom, one bath unit upstairs. Newer roof. Ready to cash flow now!

Last Agent to Sell the Property

Kori Shook

Kori Shook & Associates License #FAAR-125623 Listed on: 10/03/2024

Last Buyer's Agent

John Hankerd

Kori Shook & Associates License #FAAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 44x66

Interior Spaces

  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 2 Units
  • Original Of City Of Owosso Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050-470-009-018-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,388

Year Built

Built in 1900

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
  • Total Tax Amount: 1388
  • Year Built: 1900
  • Mail City: Owosso
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Yes
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Assessors Data

Exterior Features

  • Foundation Type: Basement

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

Lot Info

  • Assessor Parcel Number: 050-470-009-018-00
  • Lot Dimensions: 44x66
  • Acreage: 0.07
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $616.00
  • Winter Tax: Year: 2023, Amount: $772.00
  • Total Tax: Amount: $1,388.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Owosso Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Nov 5, 2024
Sold by
Claire Investment I Llc
Bought by
Feldpausch Samuel
Seller's Agent
Kori Shook
Kori Shook & Associates
Buyer's Agent
John Hankerd
Kori Shook & Associates
List Price
$69,900
Sold Price
$75,000
Premium/Discount to List
$5,100
7.3%
Views
21
Current Estimated Value
$81,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,479
Avg. Annual Appreciation
7.61%
Original Mortgage
$71,250
Outstanding Balance
$68,568
Interest Rate
5.16%
Mortgage Type
New Conventional
Estimated Equity
$12,911

Purchase Details

Closed on
May 28, 2020
Sold by
Jones Joshua
Bought by
Claire Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.3%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Feldpausch Samuel $75,000 Exchange Title
Feldpausch Samuel $75,000 Exchange Title
Claire Investment Llc $150,000 Ata National Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feldpausch Samuel $71,250
Closed Feldpausch Samuel $71,250
Previous Owner Claire Investment Llc $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2024 11/06/24 Sold $75,000 +7.3% $68 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $69,900 -- $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 $1,388 $32,700 $0 $0
2024 $1,388 $29,900 $0 $0
2023 $616 $26,800 $0 $0
2022 $1,337 $24,400 $0 $0
2021 $1,276 $20,700 $0 $0
2020 $1,171 $18,400 $0 $0
2019 $974 $15,200 $0 $0
2018 -- $15,000 $0 $0
2017 -- $14,700 $0 $0
2016 -- $14,700 $0 $0
2015 -- $14,600 $0 $0
2014 -- $14,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kori Shook

    Seller's Agent in 2024

    Kori Shook

    Kori Shook & Associates

    (989) 277-3295

    225 in this area

    432 Total Sales

    Kori Shook
    Section Image

  • J

    Buyer's Agent in 2024

    John Hankerd

    Kori Shook & Associates

    (989) 277-9003

    10 in this area

    18 Total Sales

    John Hankerd
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50157372

Michigan Multiple Listing Service

APN: 050-470-009-018-00

Michigan Shiawassee County Owosso 48867

321 E Mason St, Owosso, MI

Not Listed for Sale

MultiFamily

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