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Sold for $195,000
  • $195,000

    495 Velma Ave, Owosso, MI 48867

    3beds
    1,736sqft
    Single Family Residence
    Built in 1960
    0.38 Acres Lot
    $210,500 Zestimate®
    $112/sqft
    $1,867 Estimated rent

    Home value

    $210,500

    $177,000 - $250,000

    $1,867/mo

    Zestimate® history
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    What's special

    Basement family roomGarden shedsOversized garageHardwood floorsQuiet dead end streetKnotty pine panelingExpansive sun deck
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Susan Matznick 989-666-0410,

    The Home Office Realty LLC

    Bought with:

    Diana L Snyder

    Stonebridge Realty LLC

    Source: MiRealSource,MLS#: 50163305MLS LogoOriginating MLS: East Central Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom 1
    • Level: Entry
    • Area: 132
    • Dimensions: 12 x 11
    Bedroom 2
    • Level: Entry
    • Area: 132
    • Dimensions: 12 x 11
    Bedroom 3
    • Level: Entry
    • Area: 99
    • Dimensions: 11 x 9
    Bathroom 1
    • Level: Entry
    • Area: 63
    • Dimensions: 9 x 7
    Bathroom 2
    • Level: Entry
    • Area: 25
    • Dimensions: 5 x 5
    Family room
    • Level: Basement
    • Area: 416
    • Dimensions: 32 x 13
    Kitchen
    • Level: Entry
    • Area: 198
    • Dimensions: 18 x 11
    Living room
    • Level: Entry
    • Area: 165
    • Dimensions: 15 x 11
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Microwave, Range/Oven, Refrigerator
    • Laundry: First Floor Laundry
    Features
    • Basement: Full,Partially Finished,Crawl Space
    • Has fireplace: No
    Interior area
    • Total structure area: 2,496
    • Total interior livable area: 1,736 sqft
    • Finished area above ground: 1,320
    • Finished area below ground: 416

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage Door Opener, Workshop in Garage
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck
    • Exterior features: Garden
    • Frontage type: Road
    • Frontage length: 169
    Lot
    • Size: 0.38 Acres
    • Dimensions: 169 x 112
    • Features: Dead End
    Details
    • Additional structures: Shed(s)
    • Parcel number: 00760002000
    • Special conditions: Private

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Basement
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sanitary
    • Water: Public

    Community & neighborhood

    Location
    • Region: Owosso
    • Subdivision: Lyon Terrace

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/18/2025Sold$195,000-15%$112/sqft
    Source: MiRealSource #50163305 Report a problem
    3/27/2025Pending sale$229,400$132/sqft
    Source: MiRealSource #50163305 Report a problem
    2/11/2025Price change$229,400-4.3%$132/sqft
    Source: MiRealSource #50163305 Report a problem
    12/19/2024Listed for sale$239,600+93.2%$138/sqft
    Source: MiRealSource #50163305 Report a problem
    12/29/2005Sold$124,000$71/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,839 +1.9%$107,700 +0.7%
    2024$1,805 +6.6%$106,900 +12.6%
    2023$1,693 $94,900 +18.6%
    2022-- $80,000 +7.7%
    2021$1,546 $74,300 +6.9%
    2020-- $69,500 +11.4%
    2019-- $62,400 +6.8%
    2018-- $58,400 +3%
    2017-- $56,700
    2016-- $56,700 +4.8%
    2015-- $54,100 +5%
    2014-- $51,500 +0.4%
    2012-- $51,300 -16.4%
    2010-- $61,400 -15.4%
    2007-- $72,600
    2006-- $72,600 +2.4%
    2005-- $70,900 +1.6%
    2004-- $69,800 +11.3%
    2002-- $62,700
    2001-- $62,700 +8.5%
    2000-- $57,800

    Find assessor info on the county website

    Neighborhood: 48867

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Owosso Public Schools

    Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $210,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $210,500