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3846 Michigan Ave #52, Owosso, MI, 48867

2beds
1baths
1,174sqft
$74,900
$64price/sqft
$694/moest. monthly cost
$27,760/yrincome needed

About This Home

Older ranch home is located on a hill type setting. Home has a huge livingroom, kitchen overlooks backyard, dining area, 2 generous sized bedrooms and a full basement with workshop and a storage room. Property is sold in "as is" condition. CASH OFFERS ONLY!

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

6/10
Bryant SchoolGrades K-53.9 mi
4/10
Owosso Middle SchoolGrades 6-86.2 mi
6/10
Owosso High SchoolGrades 9-126.2 mi

Construction

Condition

  • Year built: 1954

Materials

  • Roof: Asphalt
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Lower Level

Basement

  • Basement: Full

Bathroom1

  • Level: Main
  • Area: 90
  • Dimensions: 10.00 x 9.00

Bedroom2

  • Level: Main
  • Area: 225
  • Dimensions: 15.00 x 15.00

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 144
  • Dimensions: 12.00 x 12.00

Features

  • Flooring: Wood
  • Finished area below ground: 0

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,174
  • Total interior livable area: 1,174 sqft

Kitchen

  • Level: Main
  • Area: 225
  • Dimensions: 15.00 x 15.00

Living Room

  • Level: Main
  • Area: 500
  • Dimensions: 25.00 x 20.00

Master Bedroom

  • Level: Main
  • Area: 225
  • Dimensions: 15.00 x 15.00

Property

Details

  • Parcel number: 01004400005
  • Zoning description: Residential

Features

  • Stories: 1

Lot

  • Lot size: 0.40 Acres
  • Lot size dimensions: 127 x 137 x 127 x 138

Parking

  • Total spaces: 1
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Tornado
Hail
Ice Storm

FEMA Declared Disasters in Shiawassee County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $378$4,536
Home Insurance *$59$708
Property Taxes $69$828
Electricity $188$2,259
Total$694$8,328
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$23,794/yr
40% on housing$20,820/yr
45% on housing$18,506/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.4%
-1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$64This listing

vs Other Active Listings

Avg $/sqft

ZIP 48867$111
Shiawassee County$116

vs Homes Sold Last Month

Median $/sqft

ZIP 48867$120
Shiawassee County$128

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-25Listed for sale$74,900

For Sale by Agent

AgentFrancine Willingham
BrokerageWillingham Real Estate

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