735 Grace St, Owosso, MI, 48867
About This Home
Brand new construction in the City of Owosso! This 3-bedroom, 1-bath ranch offers 1,152 square feet of efficient, modern living space with an open layout and clean finishes throughout. The kitchen features an island cabinet for added prep space and seating, flowing directly into the main living area - perfect for everyday living or entertaining. Three comfortably sized bedrooms and a full bath provide practical functionality, all on one level. Low-maintenance exterior, new mechanicals, and energy-efficient construction offer peace of mind for years to come. Move-in ready and centrally located near schools, parks, and downtown amenities. A great opportunity for buyers looking for affordable new construction without the wait. To help visualize this home's floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing intended uses. This is a Fannie Mae Homepath property. First Time Buyers, complete the HomePath Ready Buyer homeownership course on Homepath.com. Attach certificate to offer up to 3% closing cost assistance. Check HomePath.com for more details. Restrictions apply.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2025
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: None
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: None
Bedroom2
- Level: First
- Area: 125.43
Bedroom3
- Level: First
- Area: 123.21
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Level: First
- Area: 105.77999999999999
Features
- Kitchen Island
- Flooring: Vinyl
- Finished area below ground: 0
- Finished area above ground: 1,152
Heating & Cooling
- Heating features: Electric
- Cooling features: Electric,Wall Unit(s)
Interior Area
- Total structure area: 1,152
- Total interior livable area: 1,152 sqft
Kitchen
- Level: First
- Area: 78.66000000000001
Living Room
- Level: First
- Area: 275.8
Master Bedroom
- Level: First
- Area: 128.76
Property
Details
- Parcel number: 7805027000000100
- Zoning description: Zoning
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered,Porch
Lot
- Lot size: 5,227 sqft
- Lot size dimensions: 39 x 130.5
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
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
- Strong Wind
- Tornado
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters in Shiawassee County and Michigan
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $985 | $11,820 |
| Home Insurance * | $154 | $1,848 |
| Property Taxes | $181 | $2,172 |
| Electricity | $188 | $2,259 |
| Total | $1,508 | $18,096 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-20 | Listed for sale | $214,900 |
| 2024-09-30 | Sold | $45,000 |
| 2024-05-07 | Listing removed | -- |
| 2024-02-13 | Price change | $55,000 |
| 2023-12-04 | Listed for sale | $59,900 |
| 2021-08-30 | Sold | $49,340 |
| 2021-07-30 | Pending sale | $47,900 |
| 2021-06-26 | Price change | $47,900 |
| 2021-06-06 | Listed for sale | $49,900 |
| 2018-09-18 | Sold | $30,000 |
| 2018-08-23 | Pending sale | $34,900 |
| 2018-08-23 | Listed for sale | $34,900 |
| 2004-04-14 | Sold | $25,000 |
View on Zillow