NOT LISTED FOR SALE

5061 Old Colony Rd Owosso, MI 48867

Estimated Value: $284,000 - $367,000

4 Beds
1 Bath
2,184 Sq Ft
$143/Sq Ft Est. Value

Last Sold July 18, 2023

Last sale price $260,000 $119 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,935/month

8 Days on Market

Highlights

  • 2.5 Car Attached Garage
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of July 2023

**Multiple Offers! Highest & Best due by Saturday 6-24 at 6pm!** Wow! Beautiful private lake front home located on Bear Lake! This bi-level ranch has been freshly painted throughout with some new flooring! Master bedroom and bath suites on both floors! Dining room walkout to balcony overlooking the property! Whole house Generac generator system! 2.5 car attached garage and additional 1 car detached garage! Lakefront property at a bargain of a price! Come get your Dream Home!

Last Agent to Sell the Property

Jacob Newman

THE HOME OFFICE REALTY LLC License #SAOR-6501408964 Listed on: 06/16/2023

Last Buyer's Agent

James Lamb

Real Estate One-Howell License #6502139943

Real Estate One-Howell

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1974

Lot Details

  • 1 Acre Lot

Parking

  • 2.5 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,184 Sq Ft Home
  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 010-15-200-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,708

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Originating MLS: Greater Shiawassee Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 Story
  • Total Tax Amount: 3708
  • Year Built: 1974
  • Mail City: Owosso
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Bedrooms: 4
  • Bedroom 1: On Main Floor, Dimensions: 14 x 10
  • Bedroom 2: On Main Floor, Dimensions: 12 x 9
  • Bedroom 3: On Main Floor, Dimensions: 11 x 9
  • Bedroom 4: In Basement, Dimensions: 23 x 14
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Main
  • Dining Room: Dimensions: 11 x 10
  • Kitchen: Dimensions: 11 x 11
  • Living Room: Dimensions: 18 x 13
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 2184
  • Total Finished Sq Ft: 2184

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Foundation: Basement

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2.5
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 010-15-200-005
  • Acreage: 1
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $875.00
  • Winter Tax: Year: 2022, Amount: $2,833.00
  • Total Tax: Amount: $3,708.00

MLS Schools

  • School District: Owosso Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Jul 18, 2023
Sold by
Hemby Michael and Hemby Jessica
Bought by
Serman Robert
Seller's Agent
Jacob Newman
THE HOME OFFICE REALTY LLC
Buyer's Agent
James Lamb
Real Estate One-Howell
List Price
$250,000
Sold Price
$260,000
Premium/Discount to List
$10,000
4%
Views
191
Current Estimated Value
$312,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,350
Avg. Annual Appreciation
8.38%

Purchase Details

Closed on
Jan 10, 2018
Sold by
Baker Robert N
Bought by
Delaney Cynthia

Purchase Details

Closed on
Dec 23, 2009
Sold by
Hogan Dennis R
Bought by
Baker Robert N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.84%
Mortgage Type
Purchase Money Mortgage
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
Serman Robert $260,000 Ata National Title Group
Delaney Cynthia -- --
Baker Robert N $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baker Robert N $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2023 07/18/23 Sold $260,000 +4.0% $119 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $250,000 +50.6% $114 / Sq Ft
12/06/2019 12/06/19 Sold $166,000 -2.3% $76 / Sq Ft View Prior Sale
10/21/2019 10/21/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $169,900 -- $78 / 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 $3,567 $136,600 $0 $0
2024 $3,937 $122,800 $0 $0
2023 $918 $86,100 $0 $0
2022 $875 $78,000 $0 $0
2021 $3,527 $73,400 $0 $0
2020 $2,211 $73,700 $0 $0
2019 $1,664 $64,200 $0 $0
2018 $1,687 $62,200 $0 $0
2017 $1,369 $57,500 $0 $0
2016 -- $57,500 $0 $0
2015 -- $54,400 $0 $0
2014 $7 $51,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jacob Newman

    THE HOME OFFICE REALTY LLC

    Section Image

  • J

    Buyer's Agent in 2023

    James Lamb

    Real Estate One-Howell

    Section Image

  • M

    Seller's Agent in 2019

    Morgan Beilfuss

    THE HOME OFFICE REALTY LLC

    Section Image

  • C

    Buyer's Agent in 2019

    Cody Chapman

    Coldwell Banker Professionals

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50112590

Michigan Multiple Listing Service

APN: 010-15-200-005

Michigan Shiawassee County Owosso 48867

5061 Old Colony Rd, Owosso, MI

This home is located at 5061 Old Colony Rd, Owosso, MI 48867 since 16 June 2023 and is currently estimated at $312,350, approximately $143 per square foot. This property was built in 1974. 5061 Old Colony Rd is a home located in Shiawassee County with nearby schools including Owosso High School and Owosso Christian 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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