NOT LISTED FOR SALE

495 Velma Ave Owosso, MI 48867

Owosso Area

Estimated Value: $189,000 - $229,204

3 Beds
2 Baths
1,736 Sq Ft
$124/Sq Ft Est. Value

Sale Details

Date Sold: April 18, 2025

Last sale price $195,000 $112 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,346 / mo

98 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Garden
  • Ranch Style House
  • Shed
  • Forced Air Heating and Cooling System

About This Home

As of April 2025

A Little Disarray But The "Bones" Are Good! This "Country" Home Is Located About A Block From Town, It's On A Quiet Dead End Street And Has Low Township Taxes - This Rambling Ranch Offers Tremendous Potential.....It Just Needs To Be Loved Again - So Many Outstanding Features: Hardwood Floors Under The Carpeting, Uniquely Designed Front Door, Built In Shelving And Niches, Door Handles, Solid Wood Kitchen Cabinetry, 1st Floor Laundry, Basement Family Room With Knotty Pine Paneling, A Newer Roof, Updated Electrical, Newer Central Air, Expansive Sun Deck, 2 Garden Sheds An Oversized Garage, And A Very Sought After Feature Is..... The Attached 23'x21' Workshop! A Little Bit Of Work And A Little Bit Of Love Will Make This "Gem" Sparkle Again!

Last Agent to Sell the Property

Sue Matznick

The Home Office Realty LLC License #FAAR-123057 Listed on: 12/19/2024

Last Buyer's Agent

Diana Snyder

Stonebridge Realty LLC License #GRAR

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1960

Lot Details

  • 16,553 Sq Ft Lot
  • Lot Dimensions are 169x112
  • Street terminates at a dead end
  • Garden

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Family Room

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Lyon Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 007-60-002-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,839

Year Built

Built in 1960

Lot Details

0.38 Acres

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 1839
  • Total Tax Year: 2024
  • Year Built: 1960
  • Mail City: Owosso
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement: Full, Partially Finished
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 12 x 11
  • Bedroom 2: On Entry Level, Dimensions: 12 x 11
  • Bedroom 3: On Entry Level, Dimensions: 11 x 9
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 9 x 7, On Level: Entry
  • Bathroom 2: Dimensions: 5 x 5, On Level: Entry
  • Room Types: Family Room, First Floor Laundry
  • Family Room: In Basement, Dimensions: 32 x 13
  • Kitchen: On Entry Level, Dimensions: 18 x 11
  • Living Room: On Entry Level, Dimensions: 15 x 11
  • Below Grade Sq Ft: 1176
  • Finished Below Grade Sq Ft: 416
  • Above Grade Finished Sq Ft: 1320
  • Total Finished Sq Ft: 1736

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Garden Area
  • Foundation: Basement, Crawl
  • Frontage: 169
  • Road: Paved Street
  • Out Buildings: Shed
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage, Gar Door Opener, Workshop
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 007-60-002-000
  • Lot Dimensions: 169x112
  • Acreage: 0.38
  • Geo Subdivision: MI
  • Site/Lot Features: Dead End

Tax Info

  • Summer Tax: Year: 2024, Amount: $749.00
  • Winter Tax: Year: 2024, Amount: $1,090.00
  • Total Tax: Year: 2024, Amount: $1,839.00

MLS Schools

  • School District: Owosso Public Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2024
Closed on
Apr 21, 2025
Sold by
Stinson Donald L and Stinson Diane
Bought by
Seller's Agent
Sue Matznick
The Home Office Realty LLC
Buyer's Agent
Diana Snyder
Stonebridge Realty LLC
List Price
$239,600
Sold Price
$195,000
Premium/Discount to List
-$44,600
-18.61%
Views
262
Current Estimated Value
$215,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,301
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
Dec 20, 2005
Sold by
Estate Of Flora F Howe and Dexter Sally
Bought by
Stinson Donald L and Stinson Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Owosso, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$195,000 Bell Title
Stinson Donald L $124,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $124,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/18/2025 04/18/25 Sold $195,000 -15.0% $112 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
02/11/2025 02/11/25 Price Changed $229,400 -4.3% $132 / Sq Ft
12/19/2024 12/19/24 For Sale $239,600 -- $138 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,894 $117,600 $0 $0
2025 $1,804 $107,700 $0 $0
2024 $1,804 $106,900 $0 $0
2023 $716 $94,900 $0 $0
2022 $1,011 $80,000 $0 $0
2021 $1,596 $74,300 $0 $0
2020 $933 $69,500 $0 $0
2019 $1,207 $62,400 $0 $0
2018 $1,582 $58,400 $0 $0
2017 $1,268 $56,700 $0 $0
2016 -- $56,700 $0 $0
2015 -- $54,100 $0 $0
2014 -- $51,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50163305

Michigan Multiple Listing Service

APN: 007-60-002-000

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