NOT LISTED FOR SALE

25 E Beverly Ave Pontiac, MI 48340

Estimated Value: $164,000 - $224,287

6 Beds
3 Baths
2,394 Sq Ft
$83/Sq Ft Est. Value

Last Sold August 20, 2024

Last sale price $185,000 $77 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,141/month

22 Days on Market

About This Home

As of August 2024

Wonderful investment opportunity at the north end of Pontiac. 2 units with all seperate utilities. Sale includes vacant parcel adjacent which may be buildable .Lower unit features 3 bed 1 bath with laminate floors. Upper has 4 bed, 2 bath. building has been rental certified by the city and ready for occupancy. Estimated rents at approx 1200 per month per unit. Newer furnaces and water heaters. 2 electrical panels with independent access to basement from both levels.Upper unit features both original hardwood floors and updated laminate.

Last Agent to Sell the Property

Deb Deb Bertram

Home & Land Real Estate East License #6502349555 Listed on: 07/11/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,210

Year Built

  • Built in 1930

Lot Details

  • 5,097 Sq Ft Lot
  • Lot Dimensions are 80x127

Home Design

  • Composition Roof
  • Vinyl Siding

Laundry

  • Laundry in Hall
  • Laundry in Kitchen

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Driveway

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,210

Year Built

Built in 1930

Lot Details

5,097 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1930
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 80x127
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Laundry Features In Hall: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes
  • Laundry Features:In Kitchen: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 189900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Driveway
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Hall, In Kitchen
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Cable Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 80x127
  • Lot Size Sq Ft: 5097.0

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1210.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Aug 20, 2024
Sold by
Sedona Homes Llc
Bought by
Ramos Ruben Torres
Seller's Agent
Deb Deb Bertram
Home & Land Real Estate East
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%
Views
16
Current Estimated Value
$199,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,322
Avg. Annual Appreciation
4.93%
Original Mortgage
$5,178,825
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 17, 2013
Closed on
Dec 12, 2013
Sold by
Taylor Bean & Whitaker Reo Llc
Bought by
Sedona Homes Llc
Seller's Agent
Jason Megie
Preferred Realty Pros
Buyer's Agent
Deb Deb Bertram
Home & Land Real Estate East
List Price
$24,900
Sold Price
$25,000
Premium/Discount to List
$100
0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.65%

Purchase Details

Closed on
Jan 8, 2013
Sold by
Warne Neal R and Warne Nancy A
Bought by
Taylor Bean & Whitaker Mortgage Corp

Purchase Details

Closed on
Feb 21, 2012
Sold by
Taylor Bean & Whitaker Mortgage Corp
Bought by
Taylor Bean & Whitaker Reo Llc

Purchase Details

Closed on
Sep 22, 2008
Sold by
Warne Neal R
Bought by
Warne Neal R and Warne Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2007
Sold by
Mezsets Eriks K
Bought by
First Horizon Home Loans

Purchase Details

Closed on
Jan 5, 2006
Sold by
Mezsets Eriks K
Bought by
Marik Rentals Llc

Purchase Details

Closed on
Sep 30, 2005
Sold by
J & R Investments Of Clarkston Llc
Bought by
Mezsets Eriks K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 16, 2005
Sold by
Marik Rentals Llc
Bought by
Mezsets Eriks K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 30, 2004
Sold by
Creative Options Llc
Bought by
Marik Rentals Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ramos Ruben Torres $185,000 First American Title
Ramos Ruben Torres -- Reputation First Title
Sedona Homes Llc $25,000 None Available
Taylor Bean & Whitaker Mortgage Corp $50,000 None Available
Taylor Bean & Whitaker Reo Llc -- None Available
Warne Neal R -- None Available
First Horizon Home Loans $97,750 None Available
Marik Rentals Llc -- None Available
Mezsets Eriks K -- Philip R Seaver Title Compan
J & R Investments Of Clarkston Llc -- Philip R Seaver Title Co
Mezsets Eriks K $122,000 Philip R Seaver Title Co Inc
J & R Investments Llc -- Philip R Seaver Title Co Inc
Mezsets Eriks K -- Philip R Seaver Title Co Inc
Mezsets Eriks K -- --
Marik Rentals Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramos Ruben Torres $5,178,825
Previous Owner Warne Neal R $88,000
Previous Owner Mezsets Eriks K $98,000
Closed Mezsets Eriks K $28,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2024 08/20/24 Sold $185,000 -2.6% $77 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $189,900 +659.6% $79 / Sq Ft
12/26/2013 12/26/13 Sold $25,000 +0.4% $10 / Sq Ft View Prior Sale
11/26/2013 11/26/13 Pending -- -- --
11/17/2013 11/17/13 For Sale $24,900 -- $10 / Sq Ft
Source: MichRIC

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 $1,384 $55,740 $0 $0
2024 $1,204 $49,460 $0 $0
2023 $1,148 $41,830 $0 $0
2022 $1,233 $33,360 $0 $0
2021 $1,199 $28,870 $0 $0
2020 $1,043 $25,680 $0 $0
2019 $1,140 $23,560 $0 $0
2018 $1,080 $21,670 $0 $0
2017 $1,042 $21,290 $0 $0
2016 $1,156 $19,180 $0 $0
2015 -- $18,010 $0 $0
2014 -- $17,380 $0 $0
2011 -- $25,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 24034663

MichRIC

APN: 14-17-452-023

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