NOT LISTED FOR SALE

427 E Exchange St Owosso, MI 48867

Estimated Value: $142,000 - $192,342

4 Beds
2 Baths
1,796 Sq Ft
$93/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $55,000 $31 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $1,078/month

45 Days on Market

About This Home

As of May 2023

Duplex located within walking distance to downtown. Main level has kitchen gutted ready to finishing to your liking. Kitchen and bath needs remodeling. Upper unit needs some cosmetic work. Upper unit has its own enclosed wide stairway. Each unit has laundry hookup. Separate meters: gas, electric & water/sewer. Shared Driveway.

Last Agent to Sell the Property

Kelly Bila

MAP REALTY License #FAAR-124360 Listed on: 03/13/2023

MAP REALTY

Last Buyer's Agent

Non Member (GSAR)

Shiawassee NonMember License #SAOR

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Brick Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 2 Units
  • Al & Bo Williams Sub Outlots 6 & 7 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050-666-000-006-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2062.04
  • Total Tax Year: 2022
  • Year Built: 1930
  • Mail City: Owosso
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Refrigerator
  • Basement Type: Brick
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1796

Exterior Features

  • Frontage: 66
  • Foundation Type: Crawl
  • Roads: City/County

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: 050-666-000-006-00
  • Lot Dimensions: 66x132
  • Acreage: 0.2
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $925.27
  • Winter Tax: Year: 2022, Amount: $1,136.77
  • Total Tax: Year: 2022, Amount: $2,062.04

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Owosso Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2025
Sold by
Maginity Kevin F and Maginity Lori A
Bought by
Maginity Kevin F and Maginity Lori A
Current Estimated Value
$162,896

Purchase Details

Closed on
Mar 25, 2024
Sold by
Jahn Allan and Fedoriw Daniel
Bought by
Maginity Kevin F and Maginity Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,357
Interest Rate
6.77%
Mortgage Type
VA

Purchase Details

Listed on
Mar 13, 2023
Closed on
May 15, 2023
Sold by
Batteen Reynold A and Batteen Judith A
Bought by
Jahn Allan and Fedoriw Daniel
Seller's Agent
Kelly Bila
MAP REALTY
Buyer's Agent
Non Member (GSAR)
Shiawassee NonMember
List Price
$72,000
Sold Price
$55,000
Premium/Discount to List
-$17,000
-23.61%
Views
254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.37%
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 Buyer Sale Price Title Company
Maginity Kevin F -- Michigan Land Title
Maginity Kevin F -- Michigan Land Title
Maginity Kevin F $177,500 Cislo Title Company
Jahn Allan $55,000 Ata National Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maginity Kevin F $183,357
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $55,000 0.0% $31 / Sq Ft
04/30/2023 04/30/23 Price Changed $55,000 -23.6% $31 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $72,000 -- $40 / 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 $2,141 $52,500 $0 $0
2024 $2,141 $47,500 $0 $0
2023 $951 $42,600 $0 $0
2022 $2,062 $38,700 $0 $0
2021 $1,968 $35,500 $0 $0
2020 $2,004 $33,000 $0 $0
2019 $1,969 $30,700 $0 $0
2018 -- $30,400 $0 $0
2017 -- $30,000 $0 $0
2016 -- $30,000 $0 $0
2015 -- $29,800 $0 $0
2014 -- $29,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50103243

Michigan Multiple Listing Service

APN: 050-666-000-006-00