NOT LISTED FOR SALE

219 Cesar e Chavez Ave Pontiac, MI 48342

Estimated Value: $155,000 - $212,000

6 Beds
2 Baths
2,086 Sq Ft
$86/Sq Ft Est. Value

Last Sold February 20, 2023

Last sale price $125,000 $60 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,200/month

129 Days on Market

About This Home

As of February 2023

Great investment opportunity in this duplex near downtown Pontiac. Home next door at 12 Allison is also for sale so make sure to check that out while you are there. The upper and lower units both have 3 bedrooms and 1 bathroom. Just finished a full renovation including new paint and flooring throughout both units, new bathrooms (vanity, toilet, flooring, shower/shower surround), and new kitchen cabinets, countertops, and appliances. Both units are currently vacant but estimated rent of $1200 per month per unit based on our other 3-bedroom homes. Can also be purchased as a package with 5 other properties the owner is selling. MLS numbers include #20221028250, #20221028255, #20221028262, #20221028282, #20221028290. No sign in the yard

Last Agent to Sell the Property

Jason Grimes

KW Professionals License #6501407214 Listed on: 08/08/2022

KW Professionals

Last Buyer's Agent

Jolene Jacobs

Good Company License #6501393842

Good Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1920 | Remodeled in 2021

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50x90

Parking

  • 2 Parking Spaces

Home Design

  • Colonial Architecture
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,086 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1429182029

Community Details

Overview

  • 2 Units
  • Assr's Plat No 140 City Of Pontiac Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,863

Year Built

Built in 1920 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Upper/Lower Apartment
  • Architecture Level: 3 Story
  • Assessment: 126.00; Sanitation
  • Year Built: 1920
  • State Equalized Value: 31190.0000
  • Year Renovated: 2021
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2086

Exterior Features

  • Foundation Details: Basement
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary), Separate Meters
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 50x90
  • Parcel Number: 1429182029
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 1680.0000
  • Tax Amount Winter: 183.0000
  • Total Tax: 1863.0000
  • Taxable Value: 31190.0000

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Mar 18, 2023
Sold by
Marquez Adriana
Bought by
Moldavite Group Llc
Seller's Agent
Jason Grimes
KW Professionals
Buyer's Agent
Jolene Jacobs
Good Company
List Price
$125,000
Sold Price
$125,000
Views
199
Current Estimated Value
$179,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,363
Avg. Annual Appreciation
13.26%
Original Mortgage
$90,000
Outstanding Balance
$86,878
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$92,485

Purchase Details

Listed on
Aug 8, 2022
Closed on
Feb 16, 2023
Sold by
Tower Properties Group Llc
Bought by
Marquez Adriana
Seller's Agent
Jason Grimes
KW Professionals
Buyer's Agent
Jolene Jacobs
Good Company
List Price
$125,000
Sold Price
$125,000
Views
199

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
Outstanding Balance
$86,878
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$92,485

Purchase Details

Closed on
Jan 6, 2022
Sold by
Brian Townsley
Bought by
Tower Properties Group Llc

Purchase Details

Listed on
Aug 10, 2020
Closed on
Dec 4, 2020
Sold by
Giles William Richard
Bought by
Townsley Brian R
Seller's Agent
Brandon French
National Realty Centers, Inc
Buyer's Agent
Jason Grimes
KW Professionals
List Price
$79,900
Sold Price
$63,000
Premium/Discount to List
-$16,900
-21.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.67%

Purchase Details

Listed on
Sep 19, 2012
Closed on
Sep 27, 2013
Sold by
L & F Enterprizes Llc
Bought by
Giles William R
Seller's Agent
Kenneth Durrant
Brookstone, Realtors LLC
Buyer's Agent
Kenneth Durrant
Brookstone, Realtors LLC
List Price
$45,000
Sold Price
$32,000
Premium/Discount to List
-$13,000
-28.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.88%

Purchase Details

Closed on
Dec 13, 2012
Sold by
Walsh Jamie L
Bought by
L & F Enterprizes Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moldavite Group Llc -- Chirco Title
Marquez Adriana $125,000 Liberty Title
Tower Properties Group Llc -- Liberty Title
Tower Properties Group Llc -- Liberty Title
Townsley Brian R $63,000 Fidelity National Title
Giles William R $32,000 Partners Title Agency Llc
Giles William R -- Partners Title Agency Llc
L & F Enterprizes Llc -- None Available
Walsh Jamie L $6,350 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marquez Adriana $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2023 02/20/23 Sold $125,000 0.0% $60 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $125,000 +98.4% $60 / Sq Ft
12/03/2020 12/03/20 Sold $63,000 -16.0% $30 / Sq Ft View Prior Sale
08/29/2020 08/29/20 Price Changed $75,000 -6.1% $36 / Sq Ft
08/10/2020 08/10/20 For Sale $79,900 +149.7% $38 / Sq Ft
09/27/2013 09/27/13 Sold $32,000 -28.9% $15 / Sq Ft View Prior Sale
09/17/2013 09/17/13 Pending -- -- --
09/19/2012 09/19/12 For Sale $45,000 -- $22 / 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
2025 $3,253 $54,050 $0 $0
2024 $3,004 $54,690 $0 $0
2023 $1,859 $39,340 $0 $0
2022 $1,919 $34,920 $0 $0
2021 $1,863 $31,190 $0 $0
2018 $1,074 $20,950 $0 $0
2017 $1,037 $20,400 $0 $0
2016 $1,092 $18,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221028255

Realcomp

APN: 14-29-182-029