NOT LISTED FOR SALE

433 E Exchange St Owosso, MI 48867

Estimated Value: $140,895 - $160,000

4 Beds
2 Baths
2,114 Sq Ft
$72/Sq Ft Est. Value

Last Sold December 19, 2018

Last sale price $82,000 $39 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,014/month

9 Days on Market

Highlights

  • Porch
  • Hot Water Heating System
  • Wood Siding

About This Home

As of December 2018

Great rental income! Large duplex with over 2100sqft. Each unit is 2 beds, 1 bath. Many updates including newer boiler, roof, electrical, plumbing and more! Hardwood floors, spacious rooms, ample parking. Excellent investment opportunity!

Last Agent to Sell the Property

Kori Shook

Kori Shook & Associates License #FAAR-125623 Listed on: 10/30/2018

Last Buyer's Agent

Non Member

Non-Member License #FAAR-126710

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,708

Year Built

  • Built in 1866

Lot Details

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

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Basement
  • Stone Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Hot Water Heating System
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 050-666-000-007-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,708

Year Built

Built in 1866

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1866
  • Mail City: Owosso
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Basement Type: Stone
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 2114

Exterior Features

  • Construction: Wood
  • Exterior Features: Porch
  • Frontage: 66
  • Foundation Type: Basement
  • Roads: Paved Street
  • Frontage Type: Road

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Hot Water
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 050-666-000-007-00
  • Lot Dimensions: 66x132
  • Acreage: 0.2
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $841.00
  • Winter Tax: Amount: $867.00

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 30, 2018
Closed on
Dec 26, 2018
Sold by
Louch Eddie and Louch Edward Louch
Bought by
Scheid Stephen and Scheid Nancy
Seller's Agent
Kori Shook
Kori Shook & Associates
Buyer's Agent
Non Member
Non-Member
List Price
$89,900
Sold Price
$82,000
Premium/Discount to List
-$7,900
-8.79%
Current Estimated Value
$149,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,856
Avg. Annual Appreciation
9.79%
Original Mortgage
$61,500
Outstanding Balance
$54,307
Interest Rate
4.62%
Estimated Equity
$98,167

Purchase Details

Listed on
Jun 4, 2012
Closed on
Oct 10, 2012
Sold by
Jpmorgan Chase Bank Na
Bought by
Louch Eddie and Louch Lesa
Seller's Agent
Kelly Bila
MAP Realty
Buyer's Agent
Seigel Seigel
BURRELL REAL ESTATE
List Price
$37,950
Sold Price
$17,000
Premium/Discount to List
-$20,950
-55.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.94%

Purchase Details

Closed on
Aug 3, 2011
Sold by
Richley Cory A
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Nov 11, 2004
Sold by
Foland John C and Foland Tara R
Bought by
Foland John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.91%
Mortgage Type
New Conventional
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
Scheid Stephen $82,000 --
Louch Eddie $17,000 --
Jpmorgan Chase Bank Na $52,700 --
Foland John C -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scheid Stephen $61,500
Closed Scheid Stephen --
Previous Owner Louch Eddie $150,000
Previous Owner Louch Eddie $35,000
Previous Owner Foland John C $92,000
Previous Owner Foland John C $71,950
Closed Foland John C $17,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2018 12/19/18 Sold $82,000 -8.8% $39 / Sq Ft
11/08/2018 11/08/18 Pending -- -- --
10/30/2018 10/30/18 For Sale $89,900 +428.8% $43 / Sq Ft
10/12/2012 10/12/12 Sold $17,000 -55.2% $8 / Sq Ft
09/20/2012 09/20/12 Pending -- -- --
06/04/2012 06/04/12 For Sale $37,950 -- $18 / 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 $2,245 $63,900 $0 $0
2024 $2,245 $53,500 $0 $0
2023 $997 $48,000 $0 $0
2022 $2,162 $43,600 $0 $0
2021 $2,063 $40,900 $0 $0
2020 $2,102 $38,000 $0 $0
2019 $2,065 $31,000 $0 $0
2018 -- $30,700 $0 $0
2017 -- $30,300 $0 $0
2016 -- $30,300 $0 $0
2015 -- $29,900 $0 $0
2014 -- $29,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kori Shook

    Seller's Agent in 2018

    Kori Shook

    Kori Shook & Associates

    (989) 277-3295

    245 in this area

    452 Total Sales

    Section Image

  • N

    Buyer's Agent in 2018

    Non Member

    Non-Member

  • K

    Seller's Agent in 2012

    Kelly Bila

    MAP Realty

    Section Image

  • S

    Buyer's Agent in 2012

    Seigel Seigel

    BURRELL REAL ESTATE

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 100004629

Michigan Multiple Listing Service

APN: 050-666-000-007-00

Michigan Shiawassee County Owosso 48867

433 E Exchange St, Owosso, MI

This home is located at 433 E Exchange St, Owosso, MI 48867 since 30 October 2018 and is currently estimated at $152,474, approximately $72 per square foot. This property was built in 1866. 433 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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