NOT LISTED FOR SALE

144 Summit St Pontiac, MI 48342

Estimated Value: $184,000 - $237,000

4 Beds
3 Baths
2,354 Sq Ft
$90/Sq Ft Est. Value

Last Sold December 23, 2022

Last sale price $159,740 $68 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,378/month

67 Days on Market

About This Home

As of December 2022

Check out this Investor Special! This 3-Plex property is priced to sell and currently at 100% occupancy with long term tenants that never miss a payment! This 3-Plex offers (1) 2 bedroom unit and (2) 1 bedroom units. This 3-Plex also offers a common area/shared basement. 3-Plex sits on two parcels with plenty of outside yard space and a large parking area. Tenant pays all utilities (Gas, Electric, water, cable). All units are separately metered for landlord convenince.

Last Agent to Sell the Property

Cullen Kurzmann

Century 21 Curran & Oberski License #6501387005 Listed on: 10/15/2022

Century 21 Curran & Oberski

Last Buyer's Agent

Daniel Krajcev

Keller Williams Somerset License #6501370925

Keller Williams Somerset

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00 x 130.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 2,354 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Drexel Heights Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1420311004
  • $3,194 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,276

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 189.00
  • Year Built: 1920
  • State Equalized Value: 38080.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2354
  • Total Sq Ft: 2354
  • Sq Ft Total Bsmt: 1052

Exterior Features

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

Utilities

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

Schools

  • School District: Pontiac

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00 x 130.00
  • Parcel Number: 1420311004
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 600

Tax Info

  • Tax Amount Summer: 2047.0000
  • Tax Amount Winter: 229.0000
  • Total Tax: 2276.0000
  • Taxable Value: 38080.0000

Multi Family

  • Gross Scheduled Income: 500.00
  • Number Of Units Total: 3
  • Number of One Bedroom Units: 2
  • 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
Oct 15, 2022
Closed on
Dec 28, 2022
Sold by
Z & M Mi Holding Llc
Bought by
Hroba Gary
Seller's Agent
Cullen Kurzmann
Century 21 Curran & Oberski
Buyer's Agent
Daniel Krajcev
Keller Williams Somerset
List Price
$166,500
Sold Price
$159,740
Premium/Discount to List
-$6,760
-4.06%
Views
58
Current Estimated Value
$211,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,524
Avg. Annual Appreciation
11.13%
Original Mortgage
$119,805
Outstanding Balance
$116,660
Interest Rate
6.27%
Estimated Equity
$95,736

Purchase Details

Listed on
Oct 15, 2022
Closed on
Dec 23, 2022
Sold by
Hroba Gary
Bought by
Hroba Gary and Hroba Maria Juana
Seller's Agent
Cullen Kurzmann
Century 21 Curran & Oberski
Buyer's Agent
Daniel Krajcev
Keller Williams Somerset
List Price
$166,500
Sold Price
$159,740
Premium/Discount to List
-$6,760
-4.06%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,805
Outstanding Balance
$116,660
Interest Rate
6.27%
Estimated Equity
$95,736

Purchase Details

Listed on
Feb 18, 2021
Closed on
Apr 20, 2021
Sold by
Comfort Living Llc
Bought by
Z & M Mi Holding Llc
Seller's Agent
Paul Habba
Business Broker One
Buyer's Agent
Paul Habba
Business Broker One
List Price
$139,950
Sold Price
$134,950
Premium/Discount to List
-$5,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Original Mortgage
$107,960
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 8, 2009
Sold by
Gingrich Joel
Bought by
Garagasoulas Jim and Patsarikas Kostantinos

Purchase Details

Closed on
Feb 15, 2007
Sold by
Gingrich Joel and Gargasoulas Jim
Bought by
Comfort Living Llc

Purchase Details

Closed on
Jul 5, 2006
Sold by
Comfort Living Llc
Bought by
Gingrich Joel and Gargasoulas Jim

Purchase Details

Closed on
Mar 6, 2005
Sold by
Gargasoulas Jim K and Gargasoulas Vincenza Maria
Bought by
Comfort Living Llc

Purchase Details

Closed on
Dec 23, 2004
Sold by
Christy Brad T and Christy Debra
Bought by
Gargasoulas Jim K and Gingrich Joel H
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
Hroba Gary $159,740 Vanguard Title
Hroba Gary -- --
Z & M Mi Holding Llc $134,950 Vanguard Title Company
Garagasoulas Jim -- None Available
Comfort Living Llc -- Nations Title Agency
Gingrich Joel -- Nations Title Agency
Comfort Living Llc -- --
Gargasoulas Jim K $105,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hroba Gary $119,805
Previous Owner Z & M Mi Holdings Llc $107,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2022 12/23/22 Sold $159,740 -4.1% $68 / Sq Ft
12/21/2022 12/21/22 Pending -- -- --
10/15/2022 10/15/22 For Sale $166,500 +23.4% $71 / Sq Ft
04/20/2021 04/20/21 Sold $134,950 -3.6% $57 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $139,950 -- $59 / 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 $2,747 $56,900 $0 $0
2023 $2,618 $47,630 $0 $0
2022 $2,309 $38,080 $0 $0
2021 $1,403 $33,230 $0 $0
2020 $1,181 $29,310 $0 $0
2019 $1,320 $26,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221052592

Realcomp

APN: 14-20-311-004