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601 Water St

Owosso, MI 48867

4 bd 2 ba 2,349 sqft Built 1900 Lot 8,276 sqft single_family
Most recent sale
$177,000
May 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 12, 2022 Sold $177,000 MLS #50067920
Mar 14, 2022 Listed $175,000 MLS #50067920
Apr 16, 2021 Sold $167,425 MLS #50035651
Mar 6, 2021 Listed $154,900 MLS #50035651
May 23, 2019 Sold $132,400 MLS #31376012
Apr 11, 2019 Listed $124,900 MLS #31376012
Jul 8, 2016 Sold $99,500 MLS #20451372
Apr 28, 2016 Listed $104,999 MLS #31309892
Apr 28, 2016 Listing removed $104,999 MiRealSource
Mar 30, 2016 Price changed $104,999 MLS #31267516
Mar 26, 2016 Listing removed $109,900 Jackson
Feb 7, 2016 Listed $109,900 MLS #4733423
Nov 27, 2015 Price changed $109,900 MLS #31267516
Oct 20, 2015 Listed $119,900 MLS #31267516
Sep 22, 2008 Sold $95,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $99,300 $2,444
2024 $99,300 $3,534
2023 $80,300 $3,505
2022 $66,000 $2,926
2021 $53,100 $1,406
2020 $49,300 $2,241
2019 $45,500 $2,074
2013 $39,500 $1,443
2012 $41,700 $1,525
2011 $42,900 $1,545
2010 $45,200 $1,162
2008 $78,400 $1,835

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,349 sqft
Lot size
8,276 sqft
ZIP code
48867
City
Owosso
Street
Water St
Coordinates
43.00280, -84.17344

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,062
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 601 Water St last sell?
601 Water St most recently sold on May 12, 2022 for $177,000.
What is the current tax assessment for 601 Water St?
The most recent total assessment for 601 Water St (year 2025) is $99,300 with $2,444 in property tax.
How does 601 Water St's assessment compare to its last sale price?
The current assessment is 43.9% below the last sale price of $177,000.
When was 601 Water St built?
601 Water St was built in 1900.
How does 601 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 601 Water St?
601 Water St is a 4 bed, 2 bath, 2,349 sqft, 8,276 sqft lot single_family.
Is 601 Water St a flip candidate?
Yes — 601 Water St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 601 Water St a tax-appeal candidate?
No — 601 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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