NOT LISTED FOR SALE

533 Ada St Owosso, MI 48867

Estimated Value: $189,525 - $227,000

4 Beds
2 Baths
2,544 Sq Ft
$82/Sq Ft Est. Value

Last Sold November 03, 2016

Last sale price $100,000 $39 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,432/month

38 Days on Market

Highlights

  • Deck
  • Patio
  • Forced Air Heating System

About This Home

As of November 2016

Investment Opportunity! Northside Duplex! Large 2 bedroom units. Over 2500sqft total with many updates including newer roof, electrical, plumbing and more! Hardwood floors and spacious rooms. Nice yard and parking. Great income!

Last Agent to Sell the Property

Kori Shook

Kori Shook & Associates License #FAAR-125623 Listed on: 08/05/2016

Last Buyer's Agent

Morgan Beilfuss

The Home Office Realty LLC License #FAAR-124334

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1870

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 99x99

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Additional Features

  • 2-Story Property
  • Forced Air Heating System
  • Finished Basement

Community Details

  • 2 Units
  • Al & Bo Williams Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050-660-003-004-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,332

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2332
  • Year Built: 1870
  • Mail City: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Deck, Patio
  • Frontage: 99
  • Foundation Type: Basement
  • Frontage Type: Road

Utilities

  • Water: Community
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 050-660-003-004-00
  • Lot Dimensions: 99x99
  • Acreage: 0.22
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Water/Sewer

Tax Info

  • Summer Tax: Amount: $1,088.00
  • Winter Tax: Amount: $1,244.00
  • Total Tax: Amount: $2,332.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Owosso Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2016
Closed on
Nov 3, 2016
Sold by
Louch Edward and Louch Lesa
Bought by
Spencer Denny
Seller's Agent
Kori Shook
Kori Shook & Associates
Buyer's Agent
Morgan Beilfuss
The Home Office Realty LLC
List Price
$99,900
Sold Price
$100,000
Premium/Discount to List
$100
0.1%
Current Estimated Value
$209,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,631
Avg. Annual Appreciation
8.44%
Original Mortgage
$98,188
Outstanding Balance
$80,823
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$128,808
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Spencer Denny $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Denny $98,188
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2016 11/03/16 Sold $100,000 +0.1% $39 / Sq Ft
09/12/2016 09/12/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $99,900 -- $39 / 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 $4,047 $86,200 $0 $0
2024 $4,047 $78,800 $0 $0
2023 $1,518 $69,600 $0 $0
2022 $3,294 $62,800 $0 $0
2021 $3,143 $59,100 $0 $0
2020 $3,201 $55,200 $0 $0
2019 $2,257 $48,200 $0 $0
2018 -- $47,300 $0 $0
2017 -- $43,200 $0 $0
2016 -- $43,200 $0 $0
2015 -- $41,600 $0 $0
2014 -- $40,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 30060843

Michigan Multiple Listing Service

APN: 050-660-003-004-00