1 month on rocket

Sale Pending

5300 Lake Dr, Owosso, MI, 48867

$510,000

Home List Price

$6,056*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,096 SqFt
$243/SqFt
House
Schools Nearby

Location

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5300 Lake Dr, Owosso$510,000

Buyer Closing Credits

$6,056*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingAttached
Attached Garage3 spaces
Year Built1988
HeatingNatural Gas, Forced Air
CoolingCeiling Fan(s), Central Air
BasementYes
WaterfrontDock Facilities
FireplaceGas, Natural, Family Room, Primary Bedroom
MLS #20240014151
Lot Size3.00 Acres
StatusSale Pending
(Pending)

About 5300 Lake Dr

Check out this amazing opportunity to live on Bambi Lake! Over 150' of frontage at this waterfront property that also sits on 3 acres. The beautiful 1-story split-ranch has over 2000 SF with an additional 1000 SF of living space in the walk out basement. 4 beds (1 is non-conforming in the basement), 2.5 baths, large sunken family room overlooking the water with a double-sided gas fireplace. The kitchen is equipped with an electric stovetop/oven and a double oven, great for entertaining. There is a breakfast nook with an amazing view and the coziest three seasons room overlooking the water. Large multi-level deck, brand new vinyl siding, roof and pole barn. This property is a must-see!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1988
  • Stories: 1
  • Living Area: 2,096 SqFt

Listing Office:

  • Office Name: Red Fox Realty LLC
  • Office Phone: (810) 630-6652
  • Listing Agent: Natalie Fox

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: Gas, Natural, Family Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Dock Facilities
  • Exterior: Fenced

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached

Lot Features

Lot Information:

  • Lot Size: 3.00 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • Morrice Area High School, Public District Grades 7-12
  • Morrice Area Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: From M-52, head east on W. Garrison Rd. to Lake Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $510,000
  • Price Per SqFt: $243/SqFt

Tax Information:

  • Annual Amount: $5,054
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Owosso, MI.

Med. Sold Price

$145.6K

Med. Price/SqFt

$121

Avg. Days On Market

17

# of Sold Homes

16

5300 Lake Dr vs Owosso

52 DAYS ON ROCKET

+35 Days

$510,000

+$364.3K More

$243/SqFt

+$122 More

KEY TAKEAWAY

This property is $364.3K more than the Median Sold Price and $122/SqFt more than other homes in Owosso, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240014151

Listing Office:

  • Office Name: Red Fox Realty LLC
  • Office Phone: (810) 630-6652
  • Listing Agent: Natalie Fox

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 © 2024 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: 4/28/2024, 12:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 13, 2019Home Sold
$367,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,054$193,400
2020$4,473$173,100
2019$3,609$186,200
2018$3,509$150,900
2017$3,472$151,800

History based on county public records data.

Payment Calculator

$2,613

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,596

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1759454
6
/10
  • Morrice Area Elementary School

  • 111 E Mason

  • 5.44 miles

  • Public District Grades PK-6

High School

school-card-donut-1759455
4
/10
  • Morrice Area High School

  • 691 Purdy Ln

  • 5.20 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,084. Most Owosso, MI residents have annual incomes between $35k-100k. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5300 Lake Dr

What is the listing price of this property?

The listing price of 5300 Lake Dr property is $510,000.

What type of property is this?

The property 5300 Lake Dr is a house located in Owosso, Michigan, 48867.

Is this property for sale now?

Sale Pending: 5300 Lake Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 5300 Lake Dr are:
Morrice Area Elementary School: GreatSchools Rating 6/10
Morrice Area High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,054 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 13, 2019 for $367,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5300 Lake Dr has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5300 Lake Dr is 2,096 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5300 Lake Dr is 1988.

Rocket HomesMichiganShiawassee CountyOwosso488675300 Lake Dr

This home is located at 5300 Lake Dr in Owosso, MI and zip code 48867. This 2,096 square foot home, which was built in 1988, sits on a 3.00 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $510,000.

While more than 9 listings in Owosso, MI in March 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 5 were sold below. The number of listings in Owosso, MI increased by 11.8% between February 2024 and March 2024. Listings spent 17 days on the market in March 2024, and had a median list price of $145,666 during the same period.

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

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