NOT LISTED FOR SALE

1304 Stanley Ave Pontiac, MI 48340

Estimated Value: $194,000 - $244,000

8 Beds
4 Baths
2,200 Sq Ft
$97/Sq Ft Est. Value

Last Sold February 24, 2012

Last sale price $21,500 $10 Per Sq Ft

Est. 893% increase in value since last sale

Current estimated payment $1,321/month

11 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • 3-minute walk to Cherry Lawn Park
  • 1-Story Property

About This Home

As of February 2012

GREAT INVESTMENT PROPERTY! Four unit duplex on a corner lot. Two units facing Stanley Ave and two units facing W. Yale Ave. Each unit features living room, kitchen, full bath and two bedrooms. Two full unfinished basements with Stanley units sharing one and Yale units sharing the other. YOUR AGENT IS REQUIRED TO MAKE YOU AWARE OF REQUIREMENTS AND RESTRICTIONS. SIGNED ADDENDUMS, PROOF OF FUNDS AND COPY OF EMD MADE OUT TO LISTING BROKER.

Last Agent to Sell the Property

Peter Mirk

Tailored Real Estate Solutions License #6502352834 Listed on: 01/20/2012

Co-Listed By

Gerald Maliszewski

Temporary Inactive Users License #6501323095

Last Buyer's Agent

Scott McClue

Tailored Real Estate Solutions License #RCO-6501354288

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 0.27

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 4 Full Bathrooms
  • 2,200 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Utilities

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

Additional Features

  • Porch
  • Lot Dimensions are 107x120x100x100

Community Details

  • 4 Units
  • Walton Blvd Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1417151003

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 1 Story
  • Year Built: 1953
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2200
  • Total Sq Ft: 2200

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • 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

  • Lot Dimensions: 107X120X100X100
  • Parcel Number: 1417151003
  • Zoning: Commercial
  • Homestead Percent: 0 Percent

Tax Info

  • Tax Amount Summer: 3005.0000
  • Tax Amount Winter: 87.0000
  • Total Tax: 3092.0000

Multi Family

  • Number Of Units Total: 4
  • Number of Two Bedroom Units: 4

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2021
Sold by
Hawkins Willie J
Bought by
Sanchez Gerardo
Current Estimated Value
$213,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$125,848
Interest Rate
2.73%
Mortgage Type
Commercial
Estimated Equity
$87,658

Purchase Details

Closed on
Jan 11, 2011
Sold by
Rivera Marilyn and Rivera Jeffrey A
Bought by
The Bank Of New York Mellon and First Horizon Home Loans

Purchase Details

Closed on
May 1, 2010
Sold by
Rivera Jeffrey A and Rivera Marilyn
Bought by
Rivera Marilyn

Purchase Details

Closed on
Mar 16, 2007
Sold by
New Beginnings Investments Llc
Bought by
Rivera Jeffrey A and Rivera Marilyn

Purchase Details

Closed on
Dec 22, 2005
Sold by
The Revocable Living Trust Of Emilene B
Bought by
New Beginnings Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 2005
Sold by
The Revocable Living Trust Of Emilene B
Bought by
Natod Management

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 15, 1999
Sold by
Stites Howard
Bought by
Emilene B Stites Tr
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
Sanchez Gerardo $135,000 Stewart Title
Sanchez Gerardo $135,000 None Listed On Document
Sanchez Gerardo $135,000 None Available
The Bank Of New York Mellon $10,790 None Available
Rivera Marilyn -- None Available
Rivera Jeffrey A -- Crossroads Title
New Beginnings Investment Llc $160,000 Crossroads Title Agency
Natod Management $160,000 Title One Inc
Emilene B Stites Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Gerardo $140,000
Previous Owner Rivera Marilyn $134,000
Previous Owner Natod Management $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2012 02/24/12 Sold $21,500 -2.3% $10 / Sq Ft
01/31/2012 01/31/12 Pending -- -- --
01/20/2012 01/20/12 For Sale $22,000 -- $10 / 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 $2,197 $53,600 $0 $0
2023 $2,094 $45,470 $0 $0
2022 $4,461 $36,290 $0 $0
2021 $1,514 $31,310 $0 $0
2020 $1,227 $28,100 $0 $0
2019 $1,408 $25,840 $0 $0
2011 -- $56,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212007338

Realcomp

APN: 14-17-151-003