NOT LISTED FOR SALE

505 E Williams St Owosso, MI 48867

Estimated Value: $174,629 - $211,000

6 Beds
2 Baths
2,636 Sq Ft
$74/Sq Ft Est. Value

Last Sold July 06, 2018

Last sale price $129,000 $49 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,367/month

7 Days on Market

Highlights

  • 78 Feet of Waterfront
  • Covered patio or porch
  • Ceiling Fan
  • Deck
  • Forced Air Heating and Cooling System

About This Home

As of July 2018

Don’t miss the opportunity to take a look at this beautifully landscaped duplex on the Shiawassee River! Each unit features a spacious oak kitchen, dining room with patio door leading to a private deck that overlooks the river, 3 bedrooms and walkout basement. Covered front porch, central air, appliances included, concrete parking for 2 cars per unit, separate utilities and more! Perfect place to live on one side, have the conveniences of being local close to downtown, enjoy the view of the river out your back door, plus income coming in from the second unit to help cover the payments.

Last Agent to Sell the Property

Barbra Roll-Wyzga

Coldwell Banker Professionals Morrice License #6502379551 Listed on: 06/20/2018

Coldwell Banker Professionals Morrice

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1910

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 78x170x78x170
  • 78 Feet of Waterfront

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 2,636 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Basement

  • Walk-Out Basement
  • Natural lighting in basement

Parking

  • 4 Parking Spaces
  • Paved Parking

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 05047003700300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,901

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Daylight, Walkout Access
  • Sq Ft Combined: 2636
  • Total Sq Ft: 2636
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Shiawassee River
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Stone
  • Frontage Feet: 78
  • Porch Type: Deck, Patio, Porch - Covered
  • Road Frontage Type: Paved
  • Sideof Street: S
  • Water Frontage Feet: 78.00

Garage/Parking

  • MF Parking: Paved
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Owosso

Lot Info

  • List Price per Acre: 433000.0000
  • Lot Size Area: 0.30
  • Lot Dimensions: 78x170x78x170
  • Parcel Number: 05047003700300
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Yard Maintenance
  • Monthly Rental Income: 1600

Tax Info

  • Tax Amount Summer: 1420.9400
  • Tax Amount Winter: 1480.2500
  • Total Tax: 2901.1900

Multi Family

  • Gross Scheduled Income: 19200.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Owosso

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2018
Closed on
Jun 12, 2018
Sold by
Rebecca J Mcnamara
Bought by
Doyle Myrtle
Seller's Agent
Barbra Roll-Wyzga
Coldwell Banker Professionals Morrice
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$129,900
Sold Price
$129,000
Premium/Discount to List
-$900
-0.69%
Total Days on Market
7
Current Estimated Value
$194,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,657
Avg. Annual Appreciation
6.10%
Original Mortgage
$76,000
Outstanding Balance
$66,469
Interest Rate
4.54%
Estimated Equity
$128,188
Source: Public Records

Range of Values:

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Average Value
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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
Doyle Myrtle $114,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doyle Myrtle $76,000
Closed Doyle Myrtle --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2018 07/06/18 Sold $129,000 -0.7% $49 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $129,900 -- $49 / Sq Ft
Source: Realcomp

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
2024 $3,362 $85,500 $0 $0
2023 $1,750 $75,900 $0 $0
2022 $3,245 $69,100 $0 $0
2021 $3,089 $64,900 $0 $0
2020 $3,164 $62,300 $0 $0
2019 $3,114 $52,200 $0 $0
2018 -- $52,100 $0 $0
2017 -- $51,700 $0 $0
2016 -- $51,700 $0 $0
2015 -- $50,500 $0 $0
2014 -- $49,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218056554

Realcomp

APN: 050-470-037-003-00