NOT LISTED FOR SALE

178 S Merrimac St Pontiac, MI 48340

Estimated Value: $94,000 - $123,983

3 Beds
1 Bath
955 Sq Ft
$109/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $90,500 $95 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $618/month

1 Day on Market

Highlights

  • Water Views
  • Corner Lot
  • No HOA
  • Ranch Style House
  • Ground Level Unit
  • 2.5 Car Detached Garage

About This Home

As of May 2024

Land contract opportunity on this under priced 3 bedroom ranch with 2.5 car garage. Investors and first time buyers this home has potential value $120k to $130k+ with your sweat equity. Already many good things with vinyl siding, vinyl windows, new roof 2021 w/all new plywood and 20 yr warranty, new furnace 2022, new hot water tank 2020. Needs a new kitchen, some flooring, interior doors, paint, etc. Several rooms already have terracotta tile. The 2 car garage needs some repairs but has brand new overhead door. Good location overlooking Terry Lake. See it today, all reasonable offers considered. Seller is licensed broker in Michigan. Low monthly payment, Immediate occupancy, quick closing.

Last Agent to Sell the Property

Rocco Deciechi

Role Realty License #6504244433 Listed on: 03/23/2024

Last Buyer's Agent

Moe A

Realtors of Michigan LLC License #6501425282

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1963

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 47x110
  • Corner Lot

Parking

  • 2.5 Car Detached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 955 Sq Ft Home
  • Water Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1420106018

Community Details

Overview

  • No Home Owners Association
  • Lakeside Park Sub Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$942

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 63.00; garbage
  • Year Built: 1963
  • State Equalized Value: 35300.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: None (Appliances)
  • Sq Ft Combined: 955
  • Total Sq Ft: 955

Exterior Features

  • Waterfront Name: Terry Lake
  • Foundation Details: Slab
  • Construction Materials: Vinyl
  • Frontage Feet: 47
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Pontiac

Lot Info

  • Lot Features: Corner Lot, Water View
  • Lot Size Area: 0.12
  • Lot Dimensions: 47x110
  • Parcel Number: 1420106018

Rental Info

  • Deposit Amount: 12000.00

Tax Info

  • Tax Amount Summer: 851.0000
  • Tax Amount Winter: 91.0000
  • Total Tax: 942.0000
  • Taxable Value: 15490.0000

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2024
Closed on
Apr 2, 2024
Sold by
Deciechi Rocco and Deciechi Susan
Bought by
Jp Real Properties Llc
Seller's Agent
Rocco Deciechi
Role Realty
Buyer's Agent
Moe A
Realtors of Michigan LLC
List Price
$89,500
Sold Price
$90,500
Premium/Discount to List
$1,000
1.12%
Views
30
Current Estimated Value
$103,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,246
Avg. Annual Appreciation
9.95%

Purchase Details

Closed on
Aug 3, 2023
Sold by
Deciechi Rocco L and Deciechi Susan M
Bought by
Deciechi Rocco L and Deciechi Susan M

Purchase Details

Closed on
Oct 25, 2004
Sold by
Deciechi Rocco
Bought by
Deciechi Rocco L and Deciechi Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2004
Sold by
Citibank Na
Bought by
Deciechi Rocco

Purchase Details

Closed on
Sep 30, 2003
Sold by
Gardner Martin A
Bought by
Chase Manhattan Mortgage Corp

Purchase Details

Closed on
Aug 28, 1998
Sold by
James Anne Louise
Bought by
Gardner Martin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,797
Interest Rate
6.95%

Purchase Details

Closed on
Jan 23, 1996
Sold by
Wade Steven F
Bought by
Wade Annie L
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
Jp Real Properties Llc -- University Title
Jp Real Properties Llc -- University Title
Deciechi Rocco L -- None Listed On Document
Deciechi Rocco L -- None Listed On Document
Deciechi Rocco L -- --
Deciechi Rocco $52,000 Fatco
Citibank Na -- --
Chase Manhattan Mortgage Corp $70,000 --
Gardner Martin A $58,650 --
Wade Annie L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deciechi Rocco L $63,000
Previous Owner Gardner Martin A $8,797
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2024 05/20/24 Sold $90,500 +1.1% $95 / Sq Ft
03/24/2024 03/24/24 Pending -- -- --
03/23/2024 03/23/24 For Sale $89,500 -- $94 / 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 $893 $39,470 $0 $0
2023 $851 $35,300 $0 $0
2022 $885 $31,600 $0 $0
2021 $860 $27,390 $0 $0
2020 $774 $24,160 $0 $0
2019 $826 $21,000 $0 $0
2018 $791 $17,610 $0 $0
2017 $761 $16,780 $0 $0
2016 $786 $14,710 $0 $0
2015 -- $14,320 $0 $0
2014 -- $13,660 $0 $0
2011 -- $17,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rocco Deciechi

    Seller's Agent in 2024

    Rocco Deciechi

    Role Realty

    (248) 770-1895

    9 in this area

    79 Total Sales

    Rocco Deciechi
    Section Image

  • M

    Buyer's Agent in 2024

    Moe A

    Realtors of Michigan LLC

    (313) 437-3804

    26 in this area

    92 Total Sales

    Moe A
    Section Image

  • M

    Buyer's Agent in 2024

    Moe Antar

    Realtors of Michigan LLC

    (313) 737-3839

    24 in this area

    76 Total Sales

    Moe Antar
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240018534

Realcomp

APN: 14-20-106-018

Michigan Oakland County Pontiac 48340

178 S Merrimac St, Pontiac, MI

This home is located at 178 S Merrimac St, Pontiac, MI 48340 since 23 March 2024 and is currently estimated at $103,746, approximately $108 per square foot. This property was built in 1963. 178 S Merrimac St is a home located in Oakland County with nearby schools including Alcott School, Pontiac Middle School, and Pontiac High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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