NOT LISTED FOR SALE

520 S Chipman St Owosso, MI 48867

Estimated Value: $130,000 - $176,184

4 Beds
1 Bath
1,529 Sq Ft
$99/Sq Ft Est. Value

Last Sold April 24, 2020

Last sale price $86,000 $56 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,050/month

8 Days on Market

Highlights

  • Farmhouse Style Home
  • 2.5 Car Detached Garage
  • Forced Air Heating System

About This Home

As of April 2020

This 4 bedroom home sits on almost an acre in the city of Owosso! And offers a huge 2-car garage! Over 1500 sqft, first floor bedroom, bath and laundry. Enclosed front porch. Many updates. This spacious home won't last!

Last Agent to Sell the Property

Kori Shook

Kori Shook & Associates License #FAAR-125623 Listed on: 03/12/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1910

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 132x264

Parking

  • 2.5 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • 1,529 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Assessors 3 City Of Owosso Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050-113-008-025-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,853

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Farm House
  • Structure Style: 1 1/2 Story
  • Year Built: 1910
  • Mail City: Owosso
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Bedrooms: 4
  • Bedroom 1: On Entry Level, Dimensions: 10 x 10
  • Bedroom 2: On Entry Level, Dimensions: 12 x 8
  • Bedroom 3: On Upper Floor, Dimensions: 12 x 12
  • Bedroom 4: On Upper Floor, Dimensions: 11 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 10 x 8, On Level: Entry
  • Dining Room: On Entry Level, Dimensions: 12 x 11
  • Kitchen: On Entry Level, Dimensions: 12 x 8
  • Laundry: On Entry Level, Dimensions: 10 x 8
  • Living Room: On Entry Level, Dimensions: 17 x 15
  • Above Grade Finished Sq Ft: 1529
  • Total Finished Sq Ft: 1529

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Crawl
  • Frontage: 132

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2.5
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 050-113-008-025-00
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft.
  • Lot Dimensions: 132x264
  • Acreage: 0.8
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $1,221.00
  • Winter Tax: Year: 2019, Amount: $632.00
  • Total Tax: Amount: $1,853.00

MLS Schools

  • School District: Owosso Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Apr 24, 2020
Sold by
Schlak Tristin J and Schlak Robyn
Bought by
Hier Molly L
Seller's Agent
Kori Shook
Kori Shook & Associates
List Price
$84,900
Sold Price
$86,000
Premium/Discount to List
$1,100
1.3%
Current Estimated Value
$151,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,546
Avg. Annual Appreciation
10.46%
Original Mortgage
$84,442
Outstanding Balance
$75,741
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$67,966

Purchase Details

Listed on
Sep 19, 2017
Closed on
Dec 29, 2017
Sold by
Ramsdill Brad A
Bought by
Schlak Tristin J and Schlak Robyn M
Seller's Agent
Morgan Beilfuss
THE HOME OFFICE REALTY LLC
Buyer's Agent
Jeff McIntyre
Home Field Michigan Real Estate
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$75,757
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

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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
Hier Molly L $86,000 Ata National Title Group Llc
Schlak Tristin J $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hier Molly L $84,442
Previous Owner Schlak Tristin J $75,757
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2020 04/24/20 Sold $86,000 +1.3% $56 / Sq Ft
03/20/2020 03/20/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $84,900 +13.2% $56 / Sq Ft
12/29/2017 12/29/17 Sold $75,000 -6.1% $49 / Sq Ft
11/08/2017 11/08/17 Pending -- -- --
09/19/2017 09/19/17 For Sale $79,900 -- $52 / 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
2024 $2,467 $65,400 $0 $0
2023 $1,551 $62,300 $0 $0
2022 $2,387 $55,900 $0 $0
2021 $2,264 $52,100 $0 $0
2020 $1,879 $49,300 $0 $0
2019 $1,854 $39,600 $0 $0
2018 -- $39,100 $0 $0
2017 -- $38,300 $0 $0
2016 -- $38,300 $0 $0
2015 -- $38,100 $0 $0
2014 -- $37,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50008187

Michigan Multiple Listing Service

APN: 050-113-008-025-00