K
Seller's Agent in 2025
Kelly Bila
Berkshire Hathaway HomeServices
(989) 721-1271
60 in this area
133 Total Sales
408 E Exchange St Owosso, MI 48867
--
Bed
--
Bath
2,506
Sq Ft
8,712
Sq Ft Lot
Highlights
- Front Porch
- Outdoor Storage
- Private Entrance
- Side by Side Parking
- Forced Air Heating System
- Laundry Facilities
About This Home
As of November 2025Four unit rental house. Turn key investment. Live in one and rent the others. No smoking/no pets rental house. Convenient location, coin W/D in basement accessible to all units, 2 driveways. Units 1 & 3 pay their own electric/cable/wifi. Unit 4 all utilities included. Owner pays water/sewer, heat, trash & lawn maint. Storage cabinets in basement for tenant use, Boiler heat. Each unit's sq ft is estimated.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices License #6501276169 Listed on: 04/18/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,684
Year Built
- Built in 1900
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 66x132
- Private Entrance
- Back Yard Fenced
Parking
- 4 Car Garage
- Carport
- Side by Side Parking
- Driveway
- Additional Parking
- Assigned Parking
Home Design
- Brick Foundation
- Combination Foundation
- Shingle Roof
- Aluminum Siding
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,506 Sq Ft Home
- 2-Story Property
- Window Treatments
Flooring
- Carpet
- Vinyl
Basement
- Shared Basement
- Laundry in Basement
Outdoor Features
- Outdoor Storage
- Front Porch
Location
- City Lot
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Total Actual Rent $37,100
Community Details
Building Details
- Electric Expense $3,180
- Insurance Expense $2,507
- Maintenance Expense $335
- Other Expense $500
- Water Sewer Expense $1,594
- New Taxes Expense $4,737
- Operating Expense $12,853
- Net Operating Income $24,047
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2025
Closed on
Nov 7, 2025
Sold by
B & M Northern Rentals Llc
Bought by
Krzak Samantha
Seller's Agent
Kelly Bila
Berkshire Hathaway HomeServices
Buyer's Agent
Kori Shook
Kori Shook & Associates
List Price
$255,000
Sold Price
$222,000
Premium/Discount to List
-$33,000
-12.94%
Views
53
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-51.13%
Purchase Details
Closed on
Nov 8, 2021
Sold by
Lepior Brandon
Bought by
B & M Northern Rentals Llc
Purchase Details
Listed on
Apr 15, 2021
Closed on
Jun 30, 2021
Sold by
Kirinovic David and Kirinovic Wendy
Bought by
Lepior Brandon
Seller's Agent
BriAnne Warfle
LeValley Realty, LLC.
List Price
$237,900
Sold Price
$215,000
Premium/Discount to List
-$22,900
-9.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.26%
Original Mortgage
$157,500
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 3, 2013
Closed on
Mar 15, 2013
Sold by
Fannie Mae
Bought by
Kirinovic David and Kirinovic Wendy
Seller's Agent
Joe Mullaney
RE/MAX Finest
Buyer's Agent
Laura Mullaney
RE/MAX Finest
List Price
$39,900
Sold Price
$25,000
Premium/Discount to List
-$14,900
-37.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.60%
Purchase Details
Closed on
Jul 11, 2012
Sold by
Jpmorgan Chase Bank
Bought by
Fannie Mae
Purchase Details
Closed on
May 1, 2012
Sold by
Duffield Christie
Bought by
Jpmorgan Chase Bank
Purchase Details
Closed on
Apr 18, 2012
Sold by
Duffield Christie
Bought by
Jpmorgan Chase Bank
Purchase Details
Closed on
Apr 28, 2005
Sold by
Thomas Patricia Ann
Bought by
Ketchum Carlene M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
6.06%
Mortgage Type
Fannie Mae Freddie Mac
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $222,000 | Ata National Title Group | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $215,000 | Ata National Title Group | |
| Deed | $25,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Sheriffs Deed | $96,099 | -- | |
| Sheriffs Deed | $96,099 | -- | |
| Warranty Deed | $112,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $157,500 | New Conventional | |
| Previous Owner | $100,800 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/07/2025 11/07/25 | Sold | $222,000 | -3.5% | $89 / Sq Ft | |
| 10/28/2025 10/28/25 | Pending | -- | -- | -- | |
| 09/29/2025 09/29/25 | Price Changed | $230,000 | -4.2% | $92 / Sq Ft | |
| 07/17/2025 07/17/25 | Price Changed | $240,000 | -4.0% | $96 / Sq Ft | |
| 05/14/2025 05/14/25 | Price Changed | $250,000 | -2.0% | $100 / Sq Ft | |
| 04/18/2025 04/18/25 | For Sale | $255,000 | +18.6% | $102 / Sq Ft | |
| 06/30/2021 06/30/21 | Sold | $215,000 | -9.6% | $86 / Sq Ft | View Prior Sale |
| 04/30/2021 04/30/21 | Pending | -- | -- | -- | |
| 04/15/2021 04/15/21 | For Sale | $237,900 | +851.6% | $95 / Sq Ft | |
| 03/15/2013 03/15/13 | Sold | $25,000 | -37.3% | $10 / Sq Ft | View Prior Sale |
| 03/06/2013 03/06/13 | Pending | -- | -- | -- | |
| 01/03/2013 01/03/13 | For Sale | $39,900 | -- | $16 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 | $4,642 | $95,500 | $0 | $0 |
| 2024 | $4,642 | $88,000 | $0 | $0 |
| 2023 | $2,061 | $78,800 | $0 | $0 |
| 2022 | $4,471 | $71,500 | $0 | $0 |
| 2021 | $2,992 | $60,400 | $0 | $0 |
| 2020 | $3,047 | $56,100 | $0 | $0 |
| 2019 | $2,993 | $46,600 | $0 | $0 |
| 2018 | -- | $46,300 | $0 | $0 |
| 2017 | -- | $45,400 | $0 | $0 |
| 2016 | -- | $45,400 | $0 | $0 |
| 2015 | -- | $45,100 | $0 | $0 |
| 2014 | -- | $43,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Bila
-
Kori Shook
Buyer's Agent in 2025
Kori Shook
Kori Shook & Associates
(989) 277-3295
224 in this area
433 Total Sales
-
BriAnne Warfle
Seller's Agent in 2021
BriAnne Warfle
LeValley Realty, LLC.
(989) 277-5292
4 in this area
14 Total Sales
-
Joe Mullaney
Seller's Agent in 2013
Joe Mullaney
RE/MAX Michigan
(517) 325-5888
12 in this area
165 Total Sales
-
Laura Mullaney
Buyer's Agent in 2013
Laura Mullaney
RE/MAX Michigan
(989) 224-2300
83 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 287471
APN: 050-666-000-012-00
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personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2025 Greater Lansing Association of REALTORS®
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