$50,000
- 2 Beds
- 1 Bath
- 1,210 Sq Ft
- 50 Gillespie Ave
- Pontiac, MI
Great investment opportunity in growing location.
Antonio Rodriguez-Wilkes EXP Realty - Shelby
100 N Telegraph Rd Pontiac, MI 48341
3
Beds
1.5
Baths
1,297
Sq Ft
4,356
Sq Ft Lot
Highlights
- Ground Level Unit
- Porch
- Forced Air Heating System
- No HOA
- Bungalow
About This Home
As of January 2025Great opportunity on this bungalow style home that is close to everything! Shopping, entertainment, dining are just minutes away! The home features 3 bedrooms, 1 full bathroom and half bathroom. This property is now under auction terms. All offers should be submitted through Auction. This property is subject to a 5% buyer's premium pursuant to the Auction Terms & Conditions (minimums may apply). All auction assets will be sold subject to seller approval.
Last Agent to Sell the Property
Millennium Prop & Mgt Co LLC License #6501297932 Listed on: 08/29/2019
Last Buyer's Agent
Lisa Nast
Lenox Realty & Management License #6501406677
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1930
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 40.00x114.00
Home Design
- Bungalow
- Block Foundation
Interior Spaces
- 1,297 Sq Ft Home
- 1.5-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Additional Features
- Porch
- Ground Level Unit
Community Details
- No Home Owners Association
- Indian Village Subdivision
Listing and Financial Details
- Assessor Parcel Number 1430301016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 9, 2023
Closed on
Jan 17, 2025
Sold by
Sk Re Ventures Llc
Bought by
Arcuri James
Seller's Agent
Haig Istamboulian
Arterra Realty Michigan LLC
Buyer's Agent
Sean McLaughlin
Match Realty
List Price
$159,000
Sold Price
$116,600
Premium/Discount to List
-$42,400
-26.67%
Views
1655
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,400
Avg. Annual Appreciation
23.10%
Original Mortgage
$114,488
Outstanding Balance
$114,284
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$15,354
Purchase Details
Listed on
Aug 29, 2019
Closed on
Sep 19, 2019
Sold by
Bank Of New York Mellon
Bought by
Sk Re Ventures Llc
Seller's Agent
Lisa Benfield
Millennium Prop & Mgt Co LLC
Buyer's Agent
Lisa Nast
Lenox Realty & Management
List Price
$53,500
Sold Price
$50,956
Premium/Discount to List
-$2,544
-4.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.73%
Purchase Details
Closed on
Feb 19, 2019
Sold by
Flores Conrado and Flores Bertha
Bought by
The Bank Of New York Mellon and The Cwabs Inc
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Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $116,600 | Sterling Title Agency | |
| Deed | $50,956 | Fidelity Land Title Agency | |
| Sheriffs Deed | $40,800 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $114,488 | FHA | |
| Previous Owner | $141,300 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/21/2025 01/21/25 | Sold | $116,600 | +6.0% | $90 / Sq Ft |
| 01/05/2025 01/05/25 | Pending | -- | -- | -- |
| 12/04/2024 12/04/24 | Price Changed | $110,000 | -8.3% | $85 / Sq Ft |
| 11/13/2024 11/13/24 | Price Changed | $120,000 | -7.0% | $93 / Sq Ft |
| 05/14/2024 05/14/24 | Price Changed | $129,000 | -7.2% | $99 / Sq Ft |
| 03/24/2024 03/24/24 | Price Changed | $139,000 | 0.0% | $107 / Sq Ft |
| 03/12/2024 03/12/24 | Price Changed | $139,000 | -4.7% | $107 / Sq Ft |
| 01/16/2024 01/16/24 | Price Changed | $145,900 | -2.7% | $112 / Sq Ft |
| 12/15/2023 12/15/23 | Price Changed | $149,900 | -3.2% | $116 / Sq Ft |
| 11/07/2023 11/07/23 | Price Changed | $154,900 | -2.6% | $119 / Sq Ft |
| 10/09/2023 10/09/23 | For Sale | $159,000 | +212.0% | $123 / Sq Ft |
| 09/19/2019 09/19/19 | Sold | $50,956 | -4.8% | $39 / Sq Ft |
| 09/13/2019 09/13/19 | Pending | -- | -- | -- |
| 08/29/2019 08/29/19 | For Sale | $53,500 | -- | $41 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,988 | $60,370 | $0 | $0 |
| 2023 | $1,894 | $52,880 | $0 | $0 |
| 2022 | $2,260 | $42,810 | $0 | $0 |
| 2021 | $1,836 | $36,840 | $0 | $0 |
| 2020 | $1,922 | $31,360 | $0 | $0 |
| 2019 | $675 | $26,960 | $0 | $0 |
| 2018 | $1,180 | $22,390 | $0 | $0 |
| 2017 | $611 | $20,700 | $0 | $0 |
| 2016 | $638 | $20,210 | $0 | $0 |
| 2015 | -- | $17,630 | $0 | $0 |
| 2014 | -- | $15,940 | $0 | $0 |
| 2011 | -- | $25,310 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Haig Istamboulian
Arterra Realty Michigan LLC
(248) 379-6547
40 in this area
243 Total Sales
-
Buyer's Agent in 2025
Sean McLaughlin
Match Realty
(248) 613-3218
1 in this area
89 Total Sales
-
Seller's Agent in 2019
Lisa Benfield
Millennium Prop & Mgt Co LLC
(248) 683-0050
38 in this area
194 Total Sales
-
L
Buyer's Agent in 2019
Lisa Nast
Lenox Realty & Management
Map
Source: Realcomp
MLS Number: 219089676
APN: 14-30-301-016
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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