$265,000
SOLD AUG 23, 2022

612 River St Owosso, MI 48867

10 Beds
6 Baths
4,800 Sq Ft
0.45 Acres

Recently Sold

$55 Per Sq Ft

9% Below List Price

10 Days on Market

Highlights

  • Bar Fridge
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of May 2025

6 unit apartment complex on the Shiawassee River, $3,780 monthly income, landlord pays for water and garbage, ample parking, back building is 4, 2 bedroom units front building is 2, 1 bedroom units, tenants pay for consumers, landlord pays for water and garbage

Last Agent to Sell the Property

Mike Selleck

RICHARD SELLECK AGENCY License #SAOR-650210427 Listed on: 07/30/2022

Last Buyer's Agent

Mike Selleck

RICHARD SELLECK AGENCY License #SAOR-650210427 Listed on: 07/30/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1965

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 76' x 263'

Home Design

  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Bar Fridge
  • Oven or Range

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 050-120-001-001-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,154

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Originating MLS: Greater Shiawassee Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Total Tax Amount: 5154
  • Total Tax Year: 2022
  • Year Built: 1965
  • Mail City: Owosso
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Bar-Refrigerator, Range/Oven
  • Bedrooms: 10
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Estimated Sq Ft: 4800

Exterior Features

  • Foundation Type: Slab

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 050-120-001-001-00
  • Lot Dimensions: 76' x 263'
  • Acreage: 0.45
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $2,854.00
  • Winter Tax: Year: 2021, Amount: $3,300.00
  • Total Tax: Year: 2022, Amount: $5,154.00

Multi Family

  • Total Units: 6

MLS Schools

  • School District: Owosso Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2025
Closed on
May 29, 2025
Sold by
Rbf Holdings Llc
Bought by
Michigan Muscle Cars Llc
Seller's Agent
Alan Jory
Banacki Properties
Buyer's Agent
Alan Jory
Banacki Properties
List Price
$525,000
Sold Price
$465,000
Premium/Discount to List
-$60,000
-11.43%
Views
65
Current Estimated Value
$466,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,256
Avg. Annual Appreciation
1.08%
Original Mortgage
$372,000
Outstanding Balance
$370,534
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$95,722

Purchase Details

Listed on
Jul 30, 2022
Closed on
Aug 23, 2022
Sold by
Waltrip and Breean
Bought by
Rbf Holdings Llc
Seller's Agent
Mike Selleck
RICHARD SELLECK AGENCY
Buyer's Agent
Mike Selleck
RICHARD SELLECK AGENCY
List Price
$292,000
Sold Price
$265,000
Premium/Discount to List
-$27,000
-9.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.69%

Purchase Details

Closed on
Feb 28, 2020
Sold by
Fisher Rentals Llc
Bought by
Waltrip Breean and Waltrip Michael
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 Type Sale Price Title Company
Warranty Deed $465,000 Transnation Title
Warranty Deed $465,000 Transnation Title
Warranty Deed $265,000 Ata National Title Group
Warranty Deed $220,000 Ata National Title Group Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $372,000 Credit Line Revolving
Closed $372,000 Credit Line Revolving
Previous Owner $40,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Sold $465,000 -6.1% $97 / Sq Ft
04/06/2025 04/06/25 Pending -- -- --
03/21/2025 03/21/25 Price Changed $495,000 -5.7% $103 / Sq Ft
02/13/2025 02/13/25 For Sale $525,000 +98.1% $109 / Sq Ft
08/23/2022 08/23/22 Sold $265,000 -9.2% $55 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
07/30/2022 07/30/22 For Sale $292,000 -- $61 / 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 $7,685 $133,000 $0 $0
2024 $7,685 $126,800 $0 $0
2023 $3,412 $124,300 $0 $0
2022 $6,362 $109,300 $0 $0
2021 $6,071 $98,500 $0 $0
2020 $5,076 $96,200 $0 $0
2019 $4,987 $80,200 $0 $0
2018 $2,117 $80,700 $0 $0
2017 $2,117 $80,500 $0 $0
2016 $2,117 $80,500 $0 $0
2015 $2,117 $79,900 $0 $0
2014 -- $72,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Alan Jory

    Banacki Properties

    (810) 630-8032

    1 in this area

    2 Total Sales

    Alan Jory
    Section Image
  • Mike Selleck

    Seller's Agent in 2022

    Mike Selleck

    RICHARD SELLECK AGENCY

    (989) 725-2188

    97 in this area

    150 Total Sales

    Mike Selleck
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50084734

Michigan Multiple Listing Service

APN: 050-120-001-001-00

Michigan Shiawassee County Owosso 48867

612 River St, Owosso, MI

This home is located at 612 River St, Owosso, MI 48867 and is currently priced at $265,000, approximately $55 per square foot. This property was built in 1965. 612 River St is a home located in Shiawassee County with nearby schools including Owosso High School, Salem Lutheran School, and St. Paul 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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