NOT LISTED FOR SALE

161 Summit St Pontiac, MI 48342

Estimated Value: $78,000 - $172,000

3 Beds
1.5 Baths
1,565 Sq Ft
$80/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $61,000 $39 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $791/month

17 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System
  • Ground Level Unit

About This Home

As of March 2023

Great opportunity on this three bedroom colonial in Pontiac. Home has good exterior appeal with brick and vinyl siding exterior. The interior has a good layout. Nice size living room and kitchen, also a formal dining room or office on the main floor. Upstairs has three bedrooms and a full bath. Lots of original hardwood floors and trim could be restored. Full basement. Home needs some repairs, but priced to compensate. Immediate occupancy is available.

Last Agent to Sell the Property

Raymond Megie

Realty Executives Main St LLC License #6501280167 Listed on: 01/21/2023

Realty Executives Main St LLC

Last Buyer's Agent

Yasmeen Denha

Inside Realty, LLC License #6501316694

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931 | Remodeled in 1958

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40.00 x 138.00

Home Design

  • Colonial Architecture
  • Block Foundation

Interior Spaces

  • 1,565 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Drexel Heights Add No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1420309037

Home Details

Home Type

Single Family

Year Built

Built in 1931 | Remodeled in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 3876.00
  • Year Built: 1931
  • State Equalized Value: 29920.0000
  • Year Renovated: 1958
  • Entry Location: Ground Level
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1565
  • Total Sq Ft: 1565
  • Sq Ft Total Bsmt: 639

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Wood
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Pontiac

Lot Info

  • List Price per Acre: 460769.2300
  • Lot Size Area: 0.13
  • Lot Dimensions: 40.00 x 138.00
  • Parcel Number: 1420309037

Tax Info

  • Tax Amount Summer: 936.0000
  • Tax Amount Winter: 3909.0000
  • Total Tax: 4845.0000
  • Taxable Value: 17410.0000

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2023
Closed on
Feb 24, 2023
Sold by
Rcf 2 Acquisition Trust
Bought by
Castro-Loaeza Angelita
Seller's Agent
Raymond Megie
Realty Executives Main St LLC
Buyer's Agent
Yasmeen Denha
Inside Realty, LLC
List Price
$59,900
Sold Price
$61,000
Premium/Discount to List
$1,100
1.84%
Views
120
Current Estimated Value
$125,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,643
Avg. Annual Appreciation
32.91%

Purchase Details

Closed on
Oct 13, 2022
Sold by
Federal National Mortgage Association
Bought by
Rcf 2 Acquisition Trust

Purchase Details

Closed on
Aug 2, 2022
Sold by
Oakland County Sheriff
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 27, 2009
Sold by
Mills Charlie M
Bought by
Morris Investment Group Llc

Purchase Details

Closed on
Jun 17, 2008
Sold by
Barcelo Michael
Bought by
American Home Mortgage Servicing

Purchase Details

Closed on
May 20, 2005
Sold by
Landin Philip and Mizrakhi Elena
Bought by
Barcelo Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,900
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 25, 1997
Sold by
Secretary Of Veterans Af
Bought by
Bankers Trust Co

Purchase Details

Closed on
Aug 12, 1996
Sold by
Chase Mortgage Serv In
Bought by
Veterans Administration
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
Castro-Loaeza Angelita $61,000 None Listed On Document
Rcf 2 Acquisition Trust -- --
Federal National Mortgage Association $35,172 --
Morris Investment Group Llc -- None Available
Mills Charlie M $44,900 None Available
American Home Mortgage Servicing $28,869 None Available
Barcelo Michael $87,000 Capital Title Ins Agency
Bankers Trust Co -- --
Veterans Administration -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barcelo Michael $60,900
Closed Barcelo Michael $26,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2023 03/20/23 Sold $61,000 +1.8% $39 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
01/21/2023 01/21/23 For Sale $59,900 -- $38 / 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 $1,495 $37,820 $0 $0
2023 $1,005 $33,690 $0 $0
2022 $4,845 $29,920 $0 $0
2021 $1,337 $26,680 $0 $0
2020 $913 $23,990 $0 $0
2019 $966 $21,050 $0 $0
2018 $928 $18,580 $0 $0
2017 $892 $18,450 $0 $0
2016 $917 $17,410 $0 $0
2015 -- $17,320 $0 $0
2014 -- $16,250 $0 $0
2011 -- $22,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Raymond Megie

    Seller's Agent in 2023

    Raymond Megie

    Realty Executives

    (586) 634-1822

    7 in this area

    373 Total Sales

    Raymond Megie
    Section Image
  • Yasmeen Denha

    Buyer's Agent in 2023

    Yasmeen Denha

    Inside Realty, LLC

    (248) 755-1653

    63 in this area

    112 Total Sales

    Yasmeen Denha
    Section Image
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Map

Source: Realcomp

MLS Number: 20230004922

Realcomp

APN: 14-20-309-037

Michigan Oakland County Pontiac 48342

161 Summit St, Pontiac, MI

This home is located at 161 Summit St, Pontiac, MI 48342 since 21 January 2023 and is currently estimated at $125,643, approximately $80 per square foot. This property was built in 1931. 161 Summit St is a home located in Oakland County with nearby schools including Alcott School, Pontiac Middle School, and Pontiac High School.

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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