Sold
1400 S Chipman Street, Owosso, MI 48867
Sold on 06/10/2026 for$120,000
MLS # 26021573 (Michigan Regional Information Center (MichRIC))
3 beds1 bath988 sqftBuilt 19600.2 acres
1 / 1
Listing Description
3-bedroom, 1-bath home in Owosso offering a solid opportunity for investors, flippers, or buyers looking to add their own updates and value. Situated on a crawl space with a functional layout and spacious yard. Property is being sold as-is and priced accordingly. Great potential for renovation, rental, or owner-occupant project. Convenient location close to local amenities, shopping, and schools. Cash or conventional financing preferred.
Source: SparkMLS
About this home
Located in Owosso in Owosso, this property offers 3-bedroom, 1-bath, 988 sq ft, with original construction dating to 1960.
This home sold for $120,000 (about $121/sq ft).
Estimated annual property tax: $1,231, or about $103 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area988 sqft
Lot Size0.2 acres
Year Built1960
Stories1
Location
CityOwosso
MunicipalityOwosso City
Zip Code48867
CountyShiawassee
School DistrictOwosso
Construction & Systems
StyleRanch
ConstructionVinyl Siding
BasementCrawl Space
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed5/11/2026
Sold Date6/9/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,231
Tax Year2025
Assessed Value$43,761
Parcel #050-602-040-009-00
Source: SparkMLS
Legal Description
N 1/2 OF LOTS 11 & 12 BLK 40 M L STEWART & CO'S 2ND ADD
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Tara Hartwig
Keymark Realty
Frequently Asked Questions about 1400 S Chipman Street, Owosso, MI 48867
What school district is 1400 S Chipman Street, Owosso, MI 48867 in?
Per MLS# 26021573, this property is served by Owosso. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 1400 S Chipman Street, Owosso, MI 48867?
Per MLS# 26021573, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26021573, the most recent reported annual property tax for 1400 S Chipman Street, Owosso, MI 48867 is $1,231 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 1400 S Chipman Street, Owosso, MI 48867 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 1400 S Chipman Street, Owosso, MI 48867 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Owosso City police department or the Shiawassee County sheriff's office.
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Monthly payment$778
Principal & interest$778
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1400 S Chipman Street, Owosso, MI 48867
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Municipality
Owosso
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