NOT LISTED FOR SALE

616 S Washington St Owosso, MI 48867

Estimated Value: $110,000 - $149,000

5 Beds
3 Baths
1,475 Sq Ft
$92/Sq Ft Est. Value

Last Sold July 30, 2018

Last sale price $25,000 $17 Per Sq Ft

Est. 442% increase in value since last sale

Current estimated payment $904/month

64 Days on Market

About This Home

As of July 2018

Investors dream, three units, close to downtown, amazing price for this property

Last Agent to Sell the Property

Mike Selleck

RICHARD SELLECK AGENCY License #SAOR-650210427 Listed on: 05/22/2018

Last Buyer's Agent

Jennifer Webb

Remerica United Realty-Brighton License #RCO-6501371670

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 66' x 124'

Parking

  • 3 Car Parking Spaces

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 050-651-025-005-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Originating MLS: Greater Shiawassee Association of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Detached
  • Total Tax Amount: 2726
  • Total Tax Year: 2017
  • Year Built: 1925
  • Mail City: Owosso
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Partially Finished
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Below Grade Bathroom: 1
  • Source of Sq Ft: Assessors Data

Exterior Features

  • Frontage: 66
  • Foundation Type: Basement
  • Roads: Paved Street

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Hot Water
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 050-651-025-005-00
  • Lot Dimensions: 66' x 124'
  • Acreage: 0.19
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2017, Amount: $1,761.00
  • Winter Tax: Year: 2017, Amount: $965.00
  • Total Tax: Year: 2017, Amount: $2,726.00

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Owosso Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2020
Sold by
Hartwick Cherie
Bought by
Hazel Eric
Current Estimated Value
$135,523

Purchase Details

Listed on
May 30, 2017
Closed on
Jul 18, 2017
Sold by
Hormann Michael E and Hormann Kathy D
Bought by
Jones Joshua
Seller's Agent
Sue Matznick
THE HOME OFFICE REALTY LLC
Buyer's Agent
Mike Selleck
RICHARD SELLECK AGENCY
List Price
$24,900
Sold Price
$20,000
Premium/Discount to List
-$4,900
-19.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.00%

Purchase Details

Closed on
Mar 25, 2016
Sold by
Acts Property Management
Bought by
Horman Michael E and Horman Kathy D

Purchase Details

Listed on
Oct 9, 2014
Closed on
Feb 20, 2015
Sold by
Burt Karen R and Burt Jeff S
Bought by
Hormann Kathy D and Hormann Michael E
Seller's Agent
Jeremy Bigelow
Keller Williams First
Buyer's Agent
Jeremy Bigelow
Keller Williams First
List Price
$64,912
Sold Price
$59,900
Premium/Discount to List
-$5,012
-7.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%

Purchase Details

Closed on
Sep 18, 2009
Sold by
Marvin Theresa
Bought by
Hormann Michael E and Hormann Kathy D

Purchase Details

Closed on
Jul 21, 2004
Sold by
Countrywide Home Loans Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 1, 2003
Sold by
Kanan Gary L and Kanan Diana L
Bought by
Countrywide Home Loans Inc
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
Hazel Eric -- None Available
Jones Joshua $20,000 None Available
Horman Michael E -- --
Hormann Kathy D -- --
Hormann Michael E -- --
Federal National Mortgage Association -- First American Title
Countrywide Home Loans Inc $108,334 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2018 07/30/18 Sold $25,000 -16.4% $17 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $29,900 +49.5% $20 / Sq Ft
07/18/2017 07/18/17 Sold $20,000 -19.7% $14 / Sq Ft View Prior Sale
07/12/2017 07/12/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $24,900 -58.4% $17 / Sq Ft
03/01/2015 03/01/15 Sold $59,900 -7.7% $28 / Sq Ft View Prior Sale
01/30/2015 01/30/15 Pending -- -- --
10/09/2014 10/09/14 For Sale $64,912 -- $30 / 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 $2,330 $60,200 $0 $0
2024 $2,330 $55,600 $0 $0
2023 $1,303 $49,800 $0 $0
2022 $2,251 $45,200 $0 $0
2021 $2,103 $43,000 $0 $0
2020 $3,493 $40,800 $0 $0
2019 $2,434 $33,800 $0 $0
2018 -- $33,400 $0 $0
2017 -- $32,900 $0 $0
2016 -- $32,900 $0 $0
2015 -- $32,400 $0 $0
2014 -- $32,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Selleck

    Seller's Agent in 2018

    Mike Selleck

    RICHARD SELLECK AGENCY

    (989) 725-2188

    91 in this area

    145 Total Sales

    Mike Selleck
    Section Image
  • Jennifer Webb

    Buyer's Agent in 2018

    Jennifer Webb

    Remerica United Realty-Brighton

    (810) 522-7076

    1 in this area

    102 Total Sales

    Jennifer Webb
    Section Image

  • S

    Seller's Agent in 2017

    Sue Matznick

    THE HOME OFFICE REALTY LLC

    Section Image

  • J

    Seller's Agent in 2015

    Jeremy Bigelow

    Keller Williams First

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31348220

Michigan Multiple Listing Service

APN: 050-651-025-005-00

Michigan Shiawassee County Owosso 48867

616 S Washington St, Owosso, MI

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