NOT LISTED FOR SALE

297 N Saginaw St Pontiac, MI 48342

Estimated Value: $136,000 - $159,560

4 Beds
4 Baths
2,512 Sq Ft
$58/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $105,666 $42 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $998/month

42 Days on Market

About This Home

As of January 2022

INVESTORS DREAM!!! GREAT chance to own part of a BLOCK of homes. This listing along with 4 others are being
sold together or separate. 286, 291 & 293, 297, 300 N Saginaw and 17 Clark. There are currently 12 out of 14 leases.
Showings are limited as the tenants have different schedules. Pre-Approval or Proof of Funds REQUIRED prior to any
showings. Seller is retiring.

Last Agent to Sell the Property

Thomas Holzer

DOBI Real Estate License #6501424717 Listed on: 09/26/2021

DOBI Real Estate

Co-Listed By

Douglas Rahaim

DOBI Real Estate License #6501374444

Last Buyer's Agent

Joe Hammel

Keller Williams Somerset License #6501422602

Keller Williams Somerset

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 73x148x73x153

Home Design

  • Quadruplex
  • Block Foundation
  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 2,512 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Walk-Out Basement

Parking

  • 4 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1429207032
  • $2,100 Seller Concession

Community Details

Overview

  • 4 Units
  • Assr's Plat No 32 City Of Pontiac Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,422

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1920
  • State Equalized Value: 28070.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Access
  • Sq Ft Combined: 2512
  • Total Sq Ft: 2512
  • Sq Ft Total Bsmt: 1314

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Exterior Features: Lighting
  • Foundation Materials: Block, Stone
  • Frontage Feet: 73
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Assigned Spaces
  • Total Parking Spaces: 4

Utilities

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

Schools

  • School District: Pontiac

Lot Info

  • Lot Size Area: 0.25
  • Lot Dimensions: 73x148x73x153
  • Parcel Number: 1429207032
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1925

Tax Info

  • Tax Amount Summer: 1132.0000
  • Tax Amount Winter: 290.0000
  • Total Tax: 1422.0000
  • Taxable Value: 21020.0000

Multi Family

  • Gross Scheduled Income: 23100.00
  • Number Of Units Total: 4
  • Unit Count: 4
  • Number of Efficiency Units: 1
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 3

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2021
Closed on
Jan 7, 2022
Sold by
Foster Julie G
Bought by
Johnston Tracy E
Seller's Agent
Thomas Holzer
DOBI Real Estate
Buyer's Agent
Joe Hammel
Keller Williams Somerset
List Price
$130,000
Sold Price
$105,666
Premium/Discount to List
-$24,334
-18.72%
Current Estimated Value
$147,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,979
Avg. Annual Appreciation
9.24%
Original Mortgage
$78,750
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2015
Closed on
Dec 9, 2015
Sold by
Johnson Md Keith and Johnson Keith
Bought by
Foster Julie G
Seller's Agent
Rebecca Goemaere
Foote Realty, Inc
Buyer's Agent
Brian Babcock
Temporary Inactive Users
List Price
$55,900
Sold Price
$45,000
Premium/Discount to List
-$10,900
-19.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.07%
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
Johnston Tracy E $105,666 None Listed On Document
Foster Julie G $45,000 Seaver Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnston Tracy E $78,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $105,666 -18.7% $42 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
09/26/2021 09/26/21 For Sale $130,000 +188.9% $52 / Sq Ft
12/09/2015 12/09/15 Sold $45,000 -19.5% $18 / Sq Ft
10/26/2015 10/26/15 Pending -- -- --
07/24/2015 07/24/15 For Sale $55,900 -- $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
2024 $2,320 $48,950 $0 $0
2023 $2,210 $40,220 $0 $0
2022 $1,461 $32,220 $0 $0
2021 $1,423 $28,070 $0 $0
2020 $1,138 $24,740 $0 $0
2019 $1,318 $22,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas Holzer

    Seller's Agent in 2022

    Thomas Holzer

    DOBI Real Estate

    (248) 240-6095

    8 in this area

    88 Total Sales

    Section Image
  • Douglas Rahaim

    Seller Co-Listing Agent in 2022

    Douglas Rahaim

    DOBI Real Estate

    (313) 590-5794

    7 in this area

    121 Total Sales

    Section Image
  • Joe Hammel

    Buyer's Agent in 2022

    Joe Hammel

    Keller Williams Somerset

    (330) 844-5209

    14 in this area

    1,014 Total Sales

    Section Image

  • R

    Seller's Agent in 2015

    Rebecca Goemaere

    Foote Realty, Inc

    (248) 332-1628

    1 in this area

    3 Total Sales

    Section Image

  • B

    Buyer's Agent in 2015

    Brian Babcock

    Temporary Inactive Users

See All Agents

Map

Source: Realcomp

MLS Number: 2210079827

Realcomp

APN: 14-29-207-032

Michigan Oakland County Pontiac 48342

297 N Saginaw St, Pontiac, MI

This home is located at 297 N Saginaw St, Pontiac, MI 48342 since 26 September 2021 and is currently estimated at $145,390, approximately $57 per square foot. This property was built in 1920. 297 N Saginaw St is a home located in Oakland County with nearby schools including Walt Whitman Elementary 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
Copyright 2025 Realcomp II Ltd. Shareholders
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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