$229,400

495 Velma Ave Owosso, MI 48867

$2,724
Closing credit¹
3 beds
2 full
1,736 sqft
0.4 acres
$132 / sqft
House

Property details

About 495 Velma Ave

A Little Disarray But The "Bones" Are Good! This "Country" Home Is Located About A Block From Town, It's On A Quiet Dead End Street And Has Low Township Taxes - This Rambling Ranch Offers Tremendous Potential.....It Just Needs To Be Loved Again - So Many Outstanding Features: Hardwood Floors Under The Carpeting, Uniquely Designed Front Door, Built In Shelving And Niches, Door Handles, Solid Wood Kitchen Cabinetry, 1st Floor Laundry, Basement Family Room With Knotty Pine Paneling, A Newer Roof, Updated Electrical, Newer Central Air, Expansive Sun Deck, 2 Garden Sheds An Oversized Garage, And A Very Sought After Feature Is..... The Attached 23'x21' Workshop! A Little Bit Of Work And A Little Bit Of Love Will Make This "Gem" Sparkle Again!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size1,736 sqft
BasementYes
Lot size0.38 Acres
Year built1960
ParkingTwo Car Garage, Attached, Garage Door Opener
MLS #5050163305
Attached garage2 spaces

Summary

  • MLS Number: 5050163305
  • MLS Name: East Central Association of REALTORS
  • Office Name: The Home Office Realty LLC
  • Office Phone: (989) 725-5246
  • Listing Agent: Susan Matznick

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/6/2025, 2:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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single story home with a garage

$229,400

495 Velma Ave

$2,724

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 29, 2005
Home Sold
$124,000

Tax history

YearAssessmentProperty Tax
2024$106,900$1,804
2023$94,900$1,673
2022$80,000$1,596
2021$74,300$1,552
2020$69,500$1,581
2019$62,100$1,267
2018$62,400$1,217
2017$58,400$1,206

History based on county public records data.

Nearby schools

4

Emerson School

Public District KG-5

0.8 mi

515 E Oliver St

5

Central School

Public District KG-5

1.0 mi

600 W Oliver St

4

Bryant School

Public District KG-5

2.1 mi

925 Hampton St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $58,879. Typical income of Owosso, MI residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

29%
<35k
46%
35k-100k
21%
100k-200k
4%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

38%
Single, No Kids
8%
Single, with Kids
31%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
10%
12-17 yrs old
13%
18-34 yrs old
44%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • NASCARNASCAR
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • KmartKmart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • BuickBuick
  • RamRam
  • ChevroletChevrolet

What do the neighbors listen to?

  • OldiesOldies
  • Classic CountryClassic Country
  • CountryCountry
All data provided by Home Junction and Claritas

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Frequently asked questions

About 495 Velma Ave

This home is located at 495 Velma Ave in Owosso, MI and zip code 48867. This 1,736 square foot home, which was built in 1960, sits on a 0.38 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $229,400.

In February 2025, from all listings sold in Owosso, MI there were more than 7 sold above asking price, over 4 sold below and more than 2 were sold right at the asked price. In February 2025 in Owosso, MI there were equal homes for sale than in January. The median list price of listings available in February 2025 was $162,460, while the average time on the real estate market was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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