NOT LISTED FOR SALE

505 W Williams St Owosso, MI 48867

Estimated Value: $188,448 - $265,000

6 Beds
2 Baths
2,636 Sq Ft
$85/Sq Ft Est. Value

Last Sold July 06, 2018

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

Est. 73% increase in value since last sale

Current estimated payment $1,463/month

6 Days on Market

Highlights

  • River Front
  • Deck
  • Property is near schools
  • Colonial Architecture
  • Patio
  • 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

Keller Williams First License #SAOR-650211404 Listed on: 06/19/2018

Last Buyer's Agent

Bonnie Snyder

MAP REALTY License #FAAR-122550

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1910

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 78x170
  • River Front
  • Sloped Lot

Parking

  • 3 Car Parking Spaces

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Window Treatments

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Gas Water Heater
  • Internet Available

Community Details

  • 2 Units
  • Net Operating Income $1

Listing and Financial Details

  • Assessor Parcel Number 050-470-037-003-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,901

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Originating MLS: Greater Shiawassee Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Colonial
  • Flood Plain: Unknown
  • Total Tax Amount: 2901.19
  • Total Tax Year: 2017
  • Year Built: 1910
  • Mail City: Owosso
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Window Treatment(s)
  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Full, Walk Out
  • Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Dining "L"
  • Sub Room Description: Entry, Lower Level Laundry
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 2636

Exterior Features

  • Construction: Brick, Vinyl Siding
  • Exterior Features: Deck, Patio, Sidewalks
  • Frontage: 78
  • Water Features: River Frontage
  • Waterfront: Yes
  • Foundation Type: Basement
  • Roads: City/County

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Central A/C
  • 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: 050-470-037-003-00
  • Location: Walk To School
  • Lot Dimensions: 78x170
  • Acreage: 0.3
  • Lot Description: Sloping
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Lawn Maintenance, Taxes

Tax Info

  • Summer Tax: Year: 2017, Amount: $1,420.94
  • Winter Tax: Year: 2017, Amount: $1,480.94
  • Taxable Value: 51963
  • Total Tax: Year: 2017, Amount: $2,901.19
  • SEV Year: 2017

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Owosso Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2018
Closed on
Jun 12, 2018
Sold by
Rebecca J Mcnamara
Bought by
Doyle Myrtle
Seller's Agent
Barbra Roll-Wyzga
Keller Williams First
Buyer's Agent
Bonnie Snyder
MAP REALTY
List Price
$129,900
Sold Price
$129,000
Premium/Discount to List
-$900
-0.69%
Current Estimated Value
$223,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,112
Avg. Annual Appreciation
7.86%
Original Mortgage
$76,000
Outstanding Balance
$65,786
Interest Rate
4.54%
Estimated Equity
$157,326
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
06/25/2018 06/25/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $129,900 -- $49 / 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 $3,362 $92,500 $0 $0
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: Michigan Multiple Listing Service

MLS Number: 31351306

Michigan Multiple Listing Service

APN: 050-470-037-003-00