NOT LISTED FOR SALE

1605 Marshbank Dr Pontiac, MI 48340

Estimated Value: $276,545 - $366,000

4 Beds
2 Baths
1,663 Sq Ft
$187/Sq Ft Est. Value

Last Sold October 22, 2012

Last sale price $57,500 $35 Per Sq Ft

Est. 442% increase in value since last sale

Current estimated payment $1,892/month

10 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • 2 Car Garage
  • No HOA

About This Home

As of October 2012

This is a HUD property sold "as is" by electronic bid only. *For property conditions, forms, disclosures, availability & lead base paint notices see website in Agent Remarks. This property is escrow insured. FHA #261-924831

Last Agent to Sell the Property

Michael Frank

Frank Real Estate Inc License #6504249224 Listed on: 06/05/2012

Frank Real Estate Inc

Last Buyer's Agent

Patrecia DeWalt

Vantage Real Estate Services License #RCO-6501249458

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x125

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Vinyl Construction Material

Interior Spaces

  • 1,663 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Walton Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1407332022
  • $950 Seller Concession

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 6
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 1663
  • Total Sq Ft: 1663

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Pontiac

Lot Info

  • List Price per Acre: 275000.0000
  • Lot Size Area: 0.20
  • Lot Dimensions: 50X125
  • Parcel Number: 1407332022

Tax Info

  • Tax Amount Summer: 1433.0000
  • Tax Amount Winter: 129.0000
  • Total Tax: 1562.0000

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2016
Sold by
Nova Sky Investments Llc and Katari Ranganath
Bought by
Stafford Ruth
Current Estimated Value
$311,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Outstanding Balance
$46,201
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$259,082

Purchase Details

Listed on
Jun 5, 2012
Closed on
Oct 3, 2012
Sold by
Nova Sky Investments Llc
Bought by
Stafford Ruth
Seller's Agent
Michael Frank
Frank Real Estate Inc
Buyer's Agent
Patrecia DeWalt
Vantage Real Estate Services
List Price
$55,000
Sold Price
$57,500
Premium/Discount to List
$2,500
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.87%
Original Mortgage
$90,000
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jun 5, 2012
Closed on
Sep 26, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Stafford Ruth
Seller's Agent
Michael Frank
Frank Real Estate Inc
Buyer's Agent
Patrecia DeWalt
Vantage Real Estate Services
List Price
$55,000
Sold Price
$57,500
Premium/Discount to List
$2,500
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 13, 2012
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Oct 11, 2011
Sold by
Bobbitt Patricia and Mortgage Electronic Registrati
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Oct 11, 2007
Sold by
Federal National Mortgage Association
Bought by
Bobbitt Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,574
Interest Rate
6.33%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2006
Sold by
Chase Home Finance Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 29, 2006
Sold by
James Perry and James Gina M
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Feb 18, 1999
Sold by
Pulte Land Dev Corp
Bought by
James Perry
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
Stafford Ruth $100,000 None Available
Stafford Ruth $100,000 None Available
Stafford Ruth -- None Available
Stafford Ruth $57,500 None Available
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank N A $164,359 None Available
Bobbitt Patricia $157,000 Lawyers Title
Federal National Mortgage Association -- None Available
Chase Home Finance Llc $160,585 None Available
James Perry $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stafford Ruth $93,000
Previous Owner Stafford Ruth $90,000
Previous Owner Bobbitt Patricia $154,574
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2012 10/22/12 Sold $57,500 +4.5% $35 / Sq Ft
06/15/2012 06/15/12 Pending -- -- --
06/05/2012 06/05/12 For Sale $55,000 -- $33 / 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 $2,338 $107,910 $0 $0
2023 $2,229 $95,810 $0 $0
2022 $2,213 $89,160 $0 $0
2021 $2,146 $80,770 $0 $0
2020 $2,025 $75,970 $0 $0
2019 $2,094 $67,110 $0 $0
2018 $2,034 $60,350 $0 $0
2017 $1,947 $57,370 $0 $0
2016 $1,963 $52,720 $0 $0
2015 -- $41,780 $0 $0
2014 -- $35,220 $0 $0
2011 -- $41,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212058003

Realcomp

APN: 14-07-332-022