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1022 S Lyon St, Owosso, MI, 48867

2beds
1baths
800sqft
$129,900
$162price/sqft
$1,067/moest. monthly cost
$42,680/yrincome needed

About This Home

Move-In Ready - Two bedroom home has a bonus room that can function as an office, craft room, nursery, or play room and a full basement that is very useable. Lots of charm with original wood floors and trim to the covered porch. New roof 2025! New furnace and central air 2021! New hot water heater 2021! New electric panel and added generator plug-in 2021! Oak kitchen with new appliances 2022. Washer and dryer included too! Great location - at the end of the street with an oversized lot!

Getting Around

41
WalkingCar-Dependent
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

6/10
Bryant SchoolGrades K-50.1 mi
4/10
Owosso Middle SchoolGrades 6-82.3 mi
6/10
Owosso High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 1923

Materials

  • Foundation: Basement
  • Construction materials: Aluminum Siding,Other

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Microwave,Range/Oven,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bathroom1

  • Level: Entry

Bedroom1

  • Features: Wood
  • Level: Entry
  • Area: 90

Bedroom2

  • Features: Wood
  • Level: Entry
  • Area: 88

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: Wood
  • Level: Entry
  • Area: 143

Features

  • Flooring: Wood
  • Finished area below ground: 0
  • Finished area above ground: 800

Heating & Cooling

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

Interior Area

  • Total structure area: 1,600
  • Total interior livable area: 800 sqft

Kitchen

  • Features: Wood
  • Level: Entry
  • Area: 80

Living Room

  • Features: Wood
  • Level: Entry
  • Area: 143

Office

  • Level: Entry
  • Area: 60

Property

Details

  • Parcel number: 05011400600400
  • Special condition: Private

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch
  • Fencing: Fenced
  • Frontage type: Road
  • Frontage length: 120

Lot

  • Lot size: 0.36 Acres
  • Lot size dimensions: 120 x 132

Parking

  • Total spaces: 1.5
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 1.5
  • Covered spaces: 1.5

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

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado

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 $656$7,872
Home Insurance *$102$1,224
Property Taxes $121$1,452
Electricity $188$2,259
Total$1,067$12,804
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$36,582/yr
40% on housing$32,010/yr
45% on housing$28,453/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

$162This listing

vs Other Active Listings

Avg $/sqft

ZIP 48867$111
Shiawassee County$115

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
2026-08-04Pending sale$129,900
2026-07-31Listed for sale$129,900
2020-09-11Sold$75,000
2020-08-01Pending sale$69,900
2020-07-31Listed for sale$69,900
2011-10-07Sold$49,500
2011-06-30Sold$22,500
2011-06-03Price change$24,900
2011-04-27Price change$29,160
2011-04-24Listed for sale--
2010-10-12Sold$12,100

For Sale by Agent

AgentMorgan Beilfuss
BrokerageThe Home Office Realty LLC

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