NOT LISTED FOR SALE

1400 N Telegraph Mi Metro, MI 48340

Pontiac Area
19.88 Acres
-- Price per Acre
865,973 Sq Ft Lot

Sale Details

Date Sold: April 28, 2022

Last sale price $1,250,000

109 Days on Market

About This Lot

As of April 2022

19.8 acres of industrial property on a rail spur. Two parcels - 1400 N Telegraph and 269 Richard Rd - with their own PIN's makeup the acreage, with access from both N Telegraph Rd and Richard Rd (off Walton). Zoning allows for a multitude of uses. High traffic location. Easy access to 75 & 59 and also Telegraph south to major arteries, work areas, airport, etc.

Last Agent to Sell the Property

Chris Mersino

MBA Real Estate Services License #6501281294 Listed on: 12/09/2021

Last Buyer's Agent

Chris Mersino

MBA Real Estate Services License #6501281294 Listed on: 12/09/2021

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Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 19.88 Acre Lot
  • Lot Dimensions are 10x10x10x10
  • Property is zoned Commercial, Heavy Industrial, Light Industrial

Utilities

  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 1418230004

Property Details

Property Type

Land

Est. Annual Taxes

$4,623

Lot Details

19.88 Acres

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 90200.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Paved

Utilities

  • Sewer: Sewer at Street
  • Water Source: Public (Municipal), Water at Street

Lot Info

  • List Price per Acre: 65342.0500
  • Lot Size Area: 19.88
  • Lot Dimensions: 10x10x10x10
  • Parcel Number: 1418230004
  • Zoning: Commercial, Heavy Industrial, Light Industrial
  • Survey: Yes

Tax Info

  • Tax Amount Summer: 4471.0000
  • Tax Amount Winter: 152.0000
  • Total Tax: 4623.0000
  • Taxable Value: 83000.0000

MLS Schools

  • School District: Pontiac

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Apr 28, 2022
Sold by
269 Richard Ave Llc
Bought by
Seller's Agent
Chris Mersino
MBA Real Estate Services
Buyer's Agent
Chris Mersino
MBA Real Estate Services
List Price
$1,499,000
Sold Price
$1,250,000
Premium/Discount to List
-$249,000
-16.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,552,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2018
Sold by
Spartan Paving
Bought by
269 Richard Ave Llc

Purchase Details

Closed on
Jun 9, 2016
Sold by
Pontiac Land Development
Bought by
Paving Spartan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
4.4%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,250,000 Sterling Title Agency
269 Richard Ave Llc -- Devon Title Agency
Paving Spartan -- Transnation Title Clarkston
Spartan Paving $850,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,889,106
Closed Troy Equity Llc $1,552,000
Previous Owner Spartan Paving $725,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/28/2022 04/28/22 Sold $1,250,000 -3.8% --
03/29/2022 03/29/22 Pending -- -- --
12/17/2021 12/17/21 Price Changed $1,299,000 -13.3% --
12/09/2021 12/09/21 For Sale $1,499,000 -- --
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,342 $123,550 $0 $0
2024 $6,162 $112,180 $0 $0
2023 $5,874 $106,870 $0 $0
2022 $4,773 $106,870 $0 $0
2021 $4,623 $90,200 $0 $0
2020 $4,495 $81,860 $0 $0
2019 $4,611 $81,860 $0 $0
2017 $5,313 $77,770 $0 $0
2015 -- $77,770 $0 $0
2014 -- $77,770 $0 $0
2011 -- $170,540 $0 $0
Source: Public Records

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Map

Source: Realcomp

MLS Number: 2210100504

Realcomp

APN: 14-18-230-004

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