$75,000
SOLD NOV 6, 2024

321 E Mason St Owosso, MI 48867

3 Beds
2 Baths
1,100 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$68 Per Sq Ft

7% Above List Price

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
  • Estimated Sq Ft: 1100

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
$85,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,343
Avg. Annual Appreciation
15.25%
Original Mortgage
$71,250
Outstanding Balance
$68,568
Interest Rate
5.16%
Mortgage Type
New Conventional
Estimated Equity
$16,775

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:

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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 Type Sale Price Title Company
Warranty Deed $75,000 Exchange Title
Warranty Deed $75,000 Exchange Title
Warranty Deed $150,000 Ata National Title Group Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $71,250 New Conventional
Closed $71,250 New Conventional
Previous Owner $150,000 Unknown
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

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50157372

Michigan Multiple Listing Service

APN: 050-470-009-018-00