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1220 Water St

Owosso, MI 48867

5 bd 2 ba 1,862 sqft Built 1955 Lot 8,712 sqft single_family
Most recent sale
$118,900
Dec 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 28, 2022 Sold $118,900 ECAR
Nov 16, 2022 Price changed $118,900 ECAR
Nov 2, 2022 Price changed $125,900 ECAR
Oct 13, 2022 Price changed $139,900 ECAR
Sep 23, 2022 Listed $145,000 ECAR
Aug 23, 2011 Sold $47,324 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $73,400 $2,503
2021 $68,500 $2,374
2020 $64,900 $2,450
2019 $61,400 $2,418
2013 $48,600 $1,775
2012 $51,700 $1,890
2011 $53,000 $1,909

Property facts

Year built
1955
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
1,862 sqft
Lot size
8,712 sqft
ZIP code
48867
City
Owosso
Street
Water St
Coordinates
43.01038, -84.17261

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
$713
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1220 Water St last sell?
1220 Water St most recently sold on Dec 28, 2022 for $118,900.
What is the current tax assessment for 1220 Water St?
The most recent total assessment for 1220 Water St (year 2022) is $73,400 with $2,503 in property tax.
How does 1220 Water St's assessment compare to its last sale price?
The current assessment is 38.3% below the last sale price of $118,900.
When was 1220 Water St built?
1220 Water St was built in 1955.
How does 1220 Water St compare to others on Water St?
We track 8 other properties on Water St. Browse the list under "Other properties on Water St" to compare beds, baths, and sale history.
What are the property facts for 1220 Water St?
1220 Water St is a 5 bed, 2 bath, 1,862 sqft, 8,712 sqft lot single_family.
Is 1220 Water St a flip candidate?
No — 1220 Water St does not appear in our flips dataset.
Is 1220 Water St a tax-appeal candidate?
No — 1220 Water 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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