NOT LISTED FOR SALE

110 Summit St Pontiac, MI 48342

Estimated Value: $129,585 - $212,000

6 Beds
3 Baths
1,751 Sq Ft
$96/Sq Ft Est. Value

Last Sold February 17, 2017

Last sale price $36,500 $21 Per Sq Ft

Est. 361% increase in value since last sale

Current estimated payment $1,002/month

281 Days on Market

About This Home

As of February 2017

Great, updated 3 unit investment property! All units occupied, two w/long-term tenants. Newer hardwood and carpet throughout.

Last Agent to Sell the Property

Christopher Rueber

M1 Brokerage, LLC License #6501373607 Listed on: 05/04/2016

Last Buyer's Agent

Barbara Ann

Brookstone, Realtors LLC License #RCO-6501384233

Brookstone, Realtors LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40x138

Home Design

  • Triplex
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 3 Full Bathrooms
  • 1,751 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Partially Finished Basement

Parking

  • 4 Parking Spaces
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • Drexel Heights Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1420311013

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Triplex
  • Architecture Level: 1 1/2 Story
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2401
  • Sq Ft Lower Floor: 650
  • Total Sq Ft: 1751
  • Sq Ft Total Bsmt: 650

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Assigned Spaces
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Pontiac

Lot Info

  • List Price per Acre: 346153.8462
  • Lot Size Area: 0.13
  • Lot Dimensions: 40X138
  • Parcel Number: 1420311013
  • Zoning: Residential

Rental Info

  • Rent Includes: Electric, Trash Collection (Garbage Pickup), Heat, Snow Removal, Water/Sewer, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1665

Tax Info

  • Tax Amount Summer: 859.0000
  • Tax Amount Winter: 308.0000
  • Total Tax: 1167.0000

Multi Family

  • Gross Scheduled Income: 16881.00
  • Number Of Units Total: 3
  • Number of One Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 3

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2016
Closed on
Feb 17, 2017
Sold by
Nagar Investments Llc
Bought by
Market Street Management Llc
Seller's Agent
Christopher Rueber
M1 Brokerage, LLC
Buyer's Agent
Barbara Ann
Brookstone, Realtors LLC
List Price
$55,000
Sold Price
$36,500
Premium/Discount to List
-$18,500
-33.64%
Current Estimated Value
$168,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,896
Avg. Annual Appreciation
19.36%

Purchase Details

Closed on
Dec 9, 2002
Sold by
Nagar Vidhu
Bought by
Nagar Investments

Purchase Details

Closed on
Jul 31, 2002
Sold by
Darinco Investments
Bought by
Nagar Vidhu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2001
Sold by
Schick Darin
Bought by
Darinco Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,910
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2001
Sold by
Gucciardo Steven
Bought by
Gucciardo Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,910
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2000
Sold by
Smith Donald J
Bought by
Cooper Eudora M

Purchase Details

Closed on
Aug 20, 1999
Sold by
Gucciardo Steven
Bought by
Steveco Investments

Purchase Details

Closed on
Sep 24, 1998
Sold by
Cooper Eudora M
Bought by
Gucciardo Steven
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Market Street Management Llc $36,500 None Available
Nagar Investments -- --
Nagar Vidhu $136,000 --
Darinco Investments -- --
Gucciardo Steven $89,900 --
Cooper Eudora M $45,872 --
Steveco Investments -- --
Gucciardo Steven $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nagar Vidhu $122,400
Previous Owner Gucciardo Steven $80,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2017 02/17/17 Sold $36,500 -33.6% $21 / Sq Ft
02/09/2017 02/09/17 Pending -- -- --
05/04/2016 05/04/16 For Sale $55,000 -- $31 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

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 $1,269 $42,660 $0 $0
2023 $1,209 $35,760 $0 $0
2022 $1,419 $28,660 $0 $0
2021 $1,320 $24,970 $0 $0
2020 $1,099 $22,510 $0 $0
2019 $1,237 $20,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Christopher Rueber

    M1 Brokerage, LLC

  • Barbara Ann

    Buyer's Agent in 2017

    Barbara Ann

    Brookstone, Realtors LLC

    (586) 242-6200

    8 in this area

    39 Total Sales

    Barbara Ann
    Section Image

  • B

    Buyer's Agent in 2017

    Barbara Adams

    Brookstone, Realtors LLC

    (248) 963-0505

    3 in this area

    18 Total Sales

    Barbara Adams
    Section Image
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Map

Source: Realcomp

MLS Number: 216043917

Realcomp

APN: 14-20-311-013

Michigan Oakland County Pontiac 48342

110 Summit St, Pontiac, MI

This home is located at 110 Summit St, Pontiac, MI 48342 since 04 May 2016 and is currently estimated at $168,396, approximately $96 per square foot. This property was built in 1920. 110 Summit St is a home located in Oakland County with nearby schools including Alcott School, Pontiac Middle School, and Pontiac High School.

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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