NOT LISTED FOR SALE

638 N Saginaw St Owosso, MI 48867

Estimated Value: $115,000 - $172,000

4 Beds
2 Baths
1,509 Sq Ft
$95/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $76,000 $50 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $954/month

37 Days on Market

Highlights

  • 2 Car Detached Garage
  • Ceiling Fan
  • 3-minute walk to Fayette Park
  • Forced Air Heating System
  • Wood Siding

About This Home

As of October 2023

This duplex offers an excellent investment opportunity, albeit requiring some (TLC) to fully restore its potential. Boasting a full basement and a convenient 2-car garage, this property provides ample storage space and parking options. The main floor unit stands out with its generous size, offering spacious living areas. The property features a newer roof, providing a solid foundation for renovations. With its dual-unit layout, this duplex presents the ideal chance for an investor seeking rental income or for an owner looking to live in one unit while leasing out the other, creating a versatile and financially attractive housing solution

Last Agent to Sell the Property

Cody Chapman

Home Field Michigan Real Estate License #SAOR-6506049123 Listed on: 08/07/2023

Last Buyer's Agent

Liz Dysinger

Homes -N- Land Real Estate License #SAOR-6504373227

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1885

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Basement
  • Block Basement Construction
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Goodhues Subdiv Outlot Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050-240-002-017-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Originating MLS: Greater Shiawassee Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2080.87
  • Total Tax Year: 2023
  • Year Built: 1885
  • Mail City: Owosso
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 1509

Exterior Features

  • Construction: Wood
  • Foundation Type: Basement

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2

Utilities

  • Water: Public Water
  • Cooling System: Ceiling Fan(s)
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 050-240-002-017-00
  • Lot Dimensions: 66x132
  • Acreage: 0.2
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $932.37
  • Winter Tax: Year: 2022, Amount: $1,148.50
  • Total Tax: Year: 2023, Amount: $2,080.87

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 7, 2023
Closed on
Oct 12, 2023
Sold by
Cannon Christopher J and Cannon Maureen D
Bought by
Lecureux Drew
Seller's Agent
Cody Chapman
Home Field Michigan Real Estate
Buyer's Agent
Liz Dysinger
Homes -N- Land Real Estate
List Price
$85,000
Sold Price
$76,000
Premium/Discount to List
-$9,000
-10.59%
Views
162
Current Estimated Value
$142,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,901
Avg. Annual Appreciation
40.46%
Original Mortgage
$72,200
Outstanding Balance
$70,990
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$72,478

Purchase Details

Closed on
Apr 21, 2017
Sold by
Freeman Family Rentals Llc and Freeman Rick A
Bought by
Cannon Christopher J and Cannon Maureen G

Purchase Details

Closed on
Feb 28, 2014
Sold by
Freeman Brion D and Freeman Rick A
Bought by
Freeman Family Rentals Llc
Source: Public Records

Range of Values:

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Average Value
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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
Lecureux Drew $76,000 Mason Burgess Title Agency
Cannon Christopher J $20,000 None Available
Freeman Family Rentals Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lecureux Drew $72,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $76,000 -4.9% $50 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
09/05/2023 09/05/23 Price Changed $79,900 -6.0% $53 / Sq Ft
08/15/2023 08/15/23 For Sale $85,000 0.0% $56 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $85,000 +70.3% $56 / Sq Ft
06/23/2014 06/23/14 Sold $49,900 0.0% $33 / Sq Ft
05/24/2014 05/24/14 Pending -- -- --
07/06/2013 07/06/13 For Sale $49,900 -- $33 / 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 $2,100 $56,500 $0 $0
2024 $2,100 $51,600 $0 $0
2023 $932 $45,600 $0 $0
2022 $2,023 $41,200 $0 $0
2021 $1,930 $38,800 $0 $0
2020 $1,966 $36,100 $0 $0
2019 $1,931 $29,600 $0 $0
2018 $1,034 $29,000 $0 $0
2017 $1,034 $28,600 $0 $0
2016 $1,034 $28,600 $0 $0
2015 $1,034 $28,000 $0 $0
2014 -- $27,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50117970

Michigan Multiple Listing Service

APN: 050-240-002-017-00