new - 2 days on rocket

495 Velma Ave, Owosso, MI, 48867

$239,600

Home List Price

$2,845*

Closing Credit

3 Bedrooms
2 Full Baths
1,736 SqFt
$138/SqFt
House

Location

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495 Velma Ave, Owosso$239,600

Buyer Closing Credits

$2,845*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingTwoCarGarage, Attached, GarageDoorOpener
Attached Garage2 spaces
Year Built1960
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #5050163305
Lot Size0.38 Acres
StatusActive

About 495 Velma Ave

A Little Disarray But The "Bones" Are Good! This "Country" Home Is Located About A Block From Town, It's On A Quiet Dead End Street And Has Low Township Taxes - This Rambling Ranch Offers Tremendous Potential.....It Just Needs To Be Loved Again - So Many Outstanding Features: Hardwood Floors Under The Carpeting, Uniquely Designed Front Door, Built In Shelving And Niches, Door Handles, Solid Wood Kitchen Cabinetry, 1st Floor Laundry, Basement Family Room With Knotty Pine Paneling, A Newer Roof, Updated Electrical, Newer Central Air, Expansive Sun Deck, 2 Garden Sheds An Oversized Garage, And A Very Sought After Feature Is..... The Attached 23'x21' Workshop! A Little Bit Of Work And A Little Bit Of Love Will Make This "Gem" Sparkle Again!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1960
  • Living Area: 1,736 SqFt

Listing Office:

  • Office Name: The Home Office Realty LLC
  • Office Phone: (989) 725-5246
  • Listing Agent: Susan Matznick

Interior Features

Interior Information:

  • Appliances: Microwave, Oven, Refrigerator, Range
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Garden

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: TwoCarGarage, Attached, GarageDoorOpener

Lot Features

Lot Information:

  • Lot Size: 0.38 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $239,600
  • Price Per SqFt: $138/SqFt

Tax Information:

  • Annual Amount: $1,552
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Owosso, MI.

Med. Sold Price

$160K

Med. Price/SqFt

$114

Avg. Days On Market

23

# of Sold Homes

42

495 Velma Ave vs Owosso

2 DAYS ON ROCKET

-21 Days

$239,600

+$79.6K More

$138/SqFt

+$23 More

KEY TAKEAWAY

This property is $79.6K more than the Median Sold Price and $23/SqFt more than other homes in Owosso, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Central Association of REALTORS
  • MLS Number: #5050163305

Listing Office:

  • Office Name: The Home Office Realty LLC
  • Office Phone: (989) 725-5246
  • Listing Agent: Susan Matznick

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 1:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,552$74,300
2020$1,581$69,500
2019$1,267$62,100
2018$1,218$62,400
2017$1,207$58,400

History based on county public records data.

Payment Calculator

$1,263

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$785

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-713683
4
/10
  • Emerson School

  • 515 E Oliver St

  • 0.80 miles

  • Public District Grades KG-5

school-card-donut-713684
5
/10
  • Central School

  • 600 W Oliver St

  • 1.01 miles

  • Public District Grades KG-5

school-card-donut-713685
4
/10
  • Bryant School

  • 925 Hampton St

  • 2.12 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,879. Most Owosso, MI residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 495 Velma Ave

What is the listing price of this property?

The listing price of 495 Velma Ave property is $239,600.

What type of property is this?

The property 495 Velma Ave is a house located in Owosso, Michigan, 48867.

Is this property for sale now?

Active Listing: 495 Velma Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,552 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 495 Velma Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 495 Velma Ave is 1,736 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 495 Velma Ave is 1960.

Rocket Homes›Michigan›Shiawassee County›Owosso›48867›495 Velma Ave

This home is located at 495 Velma Ave in Owosso, MI and zip code 48867. This 1,736 square foot home, which was built in 1960, sits on a 0.38 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $239,600.

Owosso, MI housing market in November 2024 saw over 18 listings sold above listed price, more than 8 sold at listed price and over 16 sold below. The number of listings in Owosso, MI decreased by 13.4% between October 2024 and November 2024. The median list price of listings available in November 2024 was $160,000, while the average time on the real estate market was 23 days.

From Rocket Homes Real Estate and based on county public records data.

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