NOT LISTED FOR SALE

146 Cesar e Chavez Ave Pontiac, MI 48342

Estimated Value: $461,197

-- Bed
2 Baths
8,960 Sq Ft
$51/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $425,000 $47 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,359/month

231 Days on Market

Highlights

  • Forced Air Heating System
  • 4 Car Garage
  • Historic Home
  • Hot Water Heating System
  • Laundry Facilities

About This Home

As of August 2023

This Building Features so many possibilities. This Historical Building Built in 1903 originally for a bank is over 8,ooo SF. Top floor is Owner use Loft Living Space Upstairs (Owner Living or Offices Only). Main Floor is Commercial Spacious Working Showroom or Shop Space (Ground Floor)! Main Floor features: Amazing 14 Ft Ceilings that have been freshly painted, large windows, lots of natural light throughout, ceiling fans and LED lighting, ADT Security with motion alarm cameras inside and out, Half carpeted half antique penny tile and pine wood floors. Building has been used for showroom and manufacturing for Sign Company for 40 years, In the back is a Large Garage with a 12 x 14 Electric Grade Level Door. Original Tin ceiling in main floor Showroom/manufacturing area.
Full 4,000 SF Basement is open floor plan with 8.5 ft. ceiling for manufacturing, Shop Space or Storage, New Boiler Furnace for Building, Air compressor 10 horsepower, and snow blower, electric service 120 amps to 320 amp, with running
water and air.
Ramp to basement and spiral staircase to upstairs front area of building, as well as a large 4 ft. wide staircase at rear of building.
Top floor which is Owner Living Area 4000 SF Loft and/or Office and living quarters. 38 new windows w/sound deadening thermal pane in the whole top floor, with new forced air natural gas furnace and air conditioning, new drywall and doors. Floors have been sanded and refinished 8 years ago. Laundry upstairs, possible walk in closet and bath in bedroom, owner lives there now. Building is set up for living in upstairs with office, manufacturing down stairs with showroom and Full Size basement with 8.5' Ceilings.

Their is 2 buildings connected together. The one For Sale is the Freshly Painted Only. In the Rear of the building is 6000 ft. Parking lot which is 50% Co Owned with the connecting building owner.

Is Currently Zoned - R3 - Multi Family Dwelling. Property is Grandfathered in Business Service.

Last Agent to Sell the Property

Angela Morales

Wilhelm & Associates License #6501421412 Listed on: 12/12/2022

Last Buyer's Agent

Kestutis Miskinis

Aspen Real Estate Corp License #6501114508

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1903

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40x124
  • Historic Home

Parking

  • 4 Car Garage

Home Design

  • Block Foundation
  • Rubber Roof
  • Masonry

Interior Spaces

  • 2 Full Bathrooms
  • 8,960 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1429257021

Community Details

Overview

  • 2 Units
  • Assr's Plat No 29 City Of Pontiac Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,091

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Historic
  • Architecture Level: 2 Story
  • Year Built: 1903
  • State Equalized Value: 179970.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: 220 Volts, Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 8960
  • Total Sq Ft: 8960
  • Sq Ft Total Bsmt: 4480

Exterior Features

  • Roof Material: Rubber
  • Foundation Details: Basement
  • Construction Materials: Block/Concrete/Masonry
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air, Hot Water, Radiant
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Pontiac

Lot Info

  • Lot Size Area: 0.13
  • Lot Dimensions: 40X124
  • Parcel Number: 1429257021
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 2024.0000
  • Tax Amount Winter: 67.0000
  • Total Tax: 2091.0000
  • Taxable Value: 37660.0000

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Efficiency Units: 2

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2022
Closed on
Aug 24, 2023
Sold by
Lalonde Albert Frank
Bought by
Al Bo Co Llc
Seller's Agent
Angela Morales
Wilhelm & Associates
Buyer's Agent
Kestutis Miskinis
Aspen Real Estate Corp
List Price
$489,000
Sold Price
$425,000
Premium/Discount to List
-$64,000
-13.09%
Views
554
Current Estimated Value
$461,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,197
Avg. Annual Appreciation
3.89%

Purchase Details

Listed on
Dec 12, 2022
Closed on
Aug 21, 2023
Sold by
Lalonde Albert Frank and Fabbri Shannon Leigh
Bought by
Lalonde Albert Frank
Seller's Agent
Angela Morales
Wilhelm & Associates
Buyer's Agent
Kestutis Miskinis
Aspen Real Estate Corp
List Price
$489,000
Sold Price
$425,000
Premium/Discount to List
-$64,000
-13.09%
Views
554

Purchase Details

Listed on
Dec 12, 2022
Closed on
Jul 15, 2023
Sold by
Lalonde Albert Frank
Bought by
Lalonde Albert Frank
Seller's Agent
Angela Morales
Wilhelm & Associates
Buyer's Agent
Kestutis Miskinis
Aspen Real Estate Corp
List Price
$489,000
Sold Price
$425,000
Premium/Discount to List
-$64,000
-13.09%
Views
554

Purchase Details

Closed on
Jan 29, 2023
Sold by
Lalonde Jody Crane and Crane Jody Lynn
Bought by
Lalonde Albert Frank
Source: Public Records

Range of Values:

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Average Value
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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
Al Bo Co Llc -- First American Title
Al Bo Co Llc -- First American Title
Lalonde Albert Frank -- First American Title
Lalonde Albert Frank -- First American Title
Lalonde Albert Frank -- None Listed On Document
Lalonde Albert Frank -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2023 08/24/23 Sold $425,000 -5.5% $47 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
05/23/2023 05/23/23 Price Changed $449,900 -6.3% $50 / Sq Ft
04/24/2023 04/24/23 Price Changed $479,900 -1.9% $54 / Sq Ft
12/12/2022 12/12/22 For Sale $489,000 -- $55 / 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 $10,964 $199,610 $0 $0
2023 $2,173 $190,890 $0 $0
2022 $2,096 $179,970 $0 $0
2021 $2,031 $176,840 $0 $0
2020 $1,975 $166,650 $0 $0
2019 $2,001 $160,270 $0 $0
2014 -- $132,860 $0 $0
2011 -- $157,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221067379

Realcomp

APN: 14-29-257-021