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1012 State St

Owosso, MI 48867

1 bd 1 ba 480 sqft Built 1935 Lot 14,125 sqft single_family
Most recent sale
$40,000
Jun 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 11, 2023 Sold $95,000 Public Record
Aug 18, 2023 Listing removed $89,900 ShiawasseeCounty
Aug 17, 2023 Listing removed $89,900 ShiawasseeCounty
May 3, 2023 Listed $89,900 ShiawasseeCounty
Jun 23, 2022 Sold $40,000 MLS #50069457
Apr 1, 2022 Listed $50,000 MLS #50069457

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $22,600 $591
2024 $22,600 $1,225
2023 $18,500 $1,143
2022 $16,300 $840
2021 $15,400 $366
2020 $15,200 $858
2019 $13,800 $802
2013 $11,700 $679
2012 $12,500 $724
2011 $12,900 $739
2010 $15,700 $347
2008 $21,100 $735

Property facts

Year built
1935
Property type
single_family
Stories
Beds
1
Baths
1
Living area
480 sqft
Lot size
14,125 sqft
ZIP code
48867
City
Owosso
Street
State St
Coordinates
42.98826, -84.18572

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$240
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1012 State St last sell?
1012 State St most recently sold on Jun 23, 2022 for $40,000.
What is the current tax assessment for 1012 State St?
The most recent total assessment for 1012 State St (year 2025) is $22,600 with $591 in property tax.
How does 1012 State St's assessment compare to its last sale price?
The current assessment is 43.5% below the last sale price of $40,000.
When was 1012 State St built?
1012 State St was built in 1935.
How does 1012 State St compare to others on State St?
We track 8 other properties on State St. Browse the list under "Other properties on State St" to compare beds, baths, and sale history.
What are the property facts for 1012 State St?
1012 State St is a 1 bed, 1 bath, 480 sqft, 14,125 sqft lot single_family.
Is 1012 State St a flip candidate?
Yes — 1012 State St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1012 State St a tax-appeal candidate?
No — 1012 State St 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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