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5477 Colby Rd

Owosso, MI 48867

3 bd 3 ba 1,581 sqft Built 2008 Lot 87,120 sqft single_family
Most recent sale
$275,000
Aug 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 11, 2023 Sold $333,500 GreaterLansingArea
Aug 22, 2022 Sold $275,000 Public Record
Aug 19, 2022 Sold $275,000 Realcomp
Jul 7, 2022 Listed $299,900 MLS #20221014671

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $86,200 $838
2020 $79,400 $1,914
2019 $78,700 $1,880
2018 $78,300 $1,857
2017 $77,400 $1,768
2016 $69,400 $1,737
2015 $68,900 $1,551
2014 $65,800 $1,528
2013 $64,100 $1,494
2012 $65,300 $1,522
2011 $69,600 $1,566
2010 $72,800 $1,696
2009 $81,100 $1,853
2008 $66,900 $751

Property facts

Year built
2008
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,581 sqft
Lot size
87,120 sqft
ZIP code
48867
City
Owosso
Street
Colby Rd
Coordinates
42.91509, -84.14303

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,372
Gross rental yield
10.35%
Implied cap rate
6.73%
Trend-extrapolated value

Frequently asked questions

When did 5477 Colby Rd last sell?
5477 Colby Rd most recently sold on Aug 22, 2022 for $275,000.
What is the current tax assessment for 5477 Colby Rd?
The most recent total assessment for 5477 Colby Rd (year 2021) is $86,200 with $838 in property tax.
How does 5477 Colby Rd's assessment compare to its last sale price?
The current assessment is 68.7% below the last sale price of $275,000.
When was 5477 Colby Rd built?
5477 Colby Rd was built in 2008.
How does 5477 Colby Rd compare to others on Colby Rd?
We track 6 other properties on Colby Rd. Browse the list under "Other properties on Colby Rd" to compare beds, baths, and sale history.
What are the property facts for 5477 Colby Rd?
5477 Colby Rd is a 3 bed, 3 bath, 1,581 sqft, 87,120 sqft lot single_family.
Is 5477 Colby Rd a flip candidate?
Yes — 5477 Colby Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5477 Colby Rd a tax-appeal candidate?
No — 5477 Colby Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.6%
Implied 1-yr
-2.2%
2026 Q3
$159.5K
2026 Q4
$158.6K
ZIP 48867 — Median Price History + Forecast

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