NOT LISTED FOR SALE

16 Victory Ct Pontiac, MI 48342

Estimated Value: $113,000 - $188,000

4 Beds
4 Baths
2,228 Sq Ft
$65/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $73,000 $33 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,054/month

3 Days on Market

About This Home

As of June 2023

INVESTMENT OPPORTUNITY! Two-unit multi-family home near downtown Pontiac with impressive Monthly Rental Income potential. Surrounded by newly developed apartments and rehabbed homes. Each unit has two bedrooms, 1 bath and private basement. One occupied unit with long term tenant on a month-to-month lease. Vacant unit needs a significant amount of work.

Last Agent to Sell the Property

Carolyn Figlak

Max Broock, REALTORS®-Birmingham License #6501348364 Listed on: 05/17/2023

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Stacey Grandison-Gomez

Coldwell Banker Professionals License #6501398279

Coldwell Banker Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 64.00 x 100.00

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,228 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1428306019

Community Details

Overview

  • 2 Units
  • Assr's Plat No 142 City Of Pontiac Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,560

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 63.00
  • Year Built: 1920
  • State Equalized Value: 46340.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2228
  • Total Sq Ft: 2228
  • Sq Ft Total Bsmt: 1114

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Gravel

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)

Schools

  • School District: Pontiac

Lot Info

  • Lot Size Area: 0.15
  • Lot Dimensions: 64.00 x 100.00
  • Parcel Number: 1428306019
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water
  • Monthly Rental Income: 450

Tax Info

  • Tax Amount Summer: 1445.0000
  • Tax Amount Winter: 115.0000
  • Total Tax: 1560.0000
  • Taxable Value: 26880.0000

Multi Family

  • Gross Scheduled Income: 5400.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Jun 2, 2023
Sold by
Gazd3 Llc
Bought by
On Baldwin Llc
Seller's Agent
Carolyn Figlak
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Stacey Grandison-Gomez
Coldwell Banker Professionals
List Price
$50,000
Sold Price
$73,000
Premium/Discount to List
$23,000
46%
Views
24
Current Estimated Value
$144,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,828
Avg. Annual Appreciation
35.59%

Purchase Details

Closed on
Apr 11, 2014
Sold by
Marea Invest 1 Llc
Bought by
Gazd3 Llc

Purchase Details

Listed on
Dec 11, 2012
Closed on
May 17, 2013
Sold by
Re Fund Woodward Llc
Bought by
Marea Inveset I Llc
Seller's Agent
Diane Ducat
Keller Williams Premier
Buyer's Agent
Diane Ducat
Keller Williams Premier
List Price
$26,400
Sold Price
$18,000
Premium/Discount to List
-$8,400
-31.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.30%

Purchase Details

Listed on
Dec 11, 2012
Closed on
Mar 7, 2013
Sold by
Mccourt Daniel S and Koledo Elizabeth
Bought by
Re Fund Woodward Llc
Seller's Agent
Diane Ducat
Keller Williams Premier
Buyer's Agent
Diane Ducat
Keller Williams Premier
List Price
$26,400
Sold Price
$18,000
Premium/Discount to List
-$8,400
-31.82%

Purchase Details

Closed on
Aug 26, 1998
Sold by
Charles E Hazel Tr
Bought by
Mccourt Daniel S

Purchase Details

Closed on
Apr 23, 1998
Sold by
Hazel Charles E
Bought by
Mccourt Daniel S
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
On Baldwin Llc $73,000 None Listed On Document
On Baldwin Llc $73,000 None Listed On Document
Gazd3 Llc $30,000 Greco Title Agency Llc
Marea Inveset I Llc $28,000 None Available
Re Fund Woodward Llc $18,000 First American Title Ins Co
Mccourt Daniel S $25,500 --
Mccourt Daniel S $25,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open On Baldwin Llc $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $73,000 +46.0% $33 / Sq Ft
05/20/2023 05/20/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $50,000 +177.8% $22 / Sq Ft
04/08/2013 04/08/13 Sold $18,000 -31.8% $8 / Sq Ft
03/07/2013 03/07/13 Pending -- -- --
12/11/2012 12/11/12 For Sale $26,400 -- $12 / 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 $3,197 $58,200 $0 $0
2023 $1,551 $53,890 $0 $0
2022 $1,559 $46,340 $0 $0
2021 $1,513 $43,770 $0 $0
2020 $1,410 $38,610 $0 $0
2019 $1,471 $33,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230035919

Realcomp

APN: 14-28-306-019