NOT LISTED FOR SALE

328 W Ypsilanti Ave Pontiac, MI 48340

Estimated Value: $93,755 - $117,000

2 Beds
1 Bath
741 Sq Ft
$142/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $50,000 $67 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $735/month

4 Days on Market

Highlights

  • Ranch Style House
  • 1.5 Car Detached Garage
  • 1-minute walk to Cherry Lawn Park
  • No HOA
  • Forced Air Heating System

About This Home

As of March 2022

Investment property in a great north Pontiac location, needs a lot of work, handyman special, fixer upper, needs TLC, two bedroom ranch with vinyl siding and windows, one car detached garage with long driveway, wall to second bedroom needs finishing, decent looking furnace in attic, home is in very poor condition, great potential for a rental home or starter home, cash only, owner is licensed real estate broker in the state of MI

Last Agent to Sell the Property

Randy Palmer

Palmer Realty Services LLC License #6502398245 Listed on: 02/17/2022

Last Buyer's Agent

Gladiz Solarte

National Realty Centers, Inc License #RCO-6501341565

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50.00x130.00

Parking

  • 1.5 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 741 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Assr's Plat No 144 City Of Pontiac Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1418279016

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1953
  • State Equalized Value: 21010.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 741
  • Total Sq Ft: 741

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1.5 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Pontiac

Lot Info

  • Lot Size Area: 0.15
  • Lot Dimensions: 50.00X130.00
  • Parcel Number: 1418279016

Tax Info

  • Tax Amount Summer: 807.0000
  • Tax Amount Winter: 988.0000
  • Total Tax: 1795.0000
  • Taxable Value: 14980.0000

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2022
Sold by
Homi Holdings Llc
Bought by
Dsv Spv2 Llc
Current Estimated Value
$105,585

Purchase Details

Listed on
Feb 17, 2022
Closed on
Mar 11, 2022
Sold by
Global Real Estate Solutions Llc
Bought by
Hernandez-Benavides Maria Elsa
Seller's Agent
Randy Palmer
Palmer Realty Services LLC
Buyer's Agent
Gladiz Solarte
National Realty Centers, Inc
List Price
$49,900
Sold Price
$50,000
Premium/Discount to List
$100
0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.78%

Purchase Details

Closed on
Dec 27, 2021
Sold by
Dsv Spv 2 Llc
Bought by
Homi Holdings Llc

Purchase Details

Closed on
Jun 9, 2017
Sold by
Kaja Holdings 2 Llc
Bought by
Dsv Spv 2 Llc

Purchase Details

Closed on
Feb 12, 2013
Sold by
Mell Julie K
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 15, 2004
Sold by
Sfjv 2002-1 Llc
Bought by
Reo Management 2002 Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,200
Interest Rate
8.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2003
Sold by
Merrell Cameron G and The Prime Financial Group Inc
Bought by
Sf Jv 2002-1

Purchase Details

Closed on
Jun 16, 2000
Sold by
Ft Mortgage Co
Bought by
Secretary Ofhousing Urban Dev

Purchase Details

Closed on
Mar 24, 1998
Sold by
Matney William M
Bought by
Ft Mortgage Co

Purchase Details

Closed on
Feb 16, 1996
Sold by
Magee Edward F
Bought by
Matney William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,867
Interest Rate
7.16%
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
Dsv Spv2 Llc -- --
Hernandez-Benavides Maria Elsa $50,000 None Listed On Document
Global Real Estate Solutions Llc -- None Listed On Document
Homi Holdings Llc -- None Listed On Document
Dsv Spv 2 Llc -- None Available
Federal Home Loan Mortgage Corporation $52,991 None Available
Reo Management 2002 Inc -- --
Sf Jv 2002-1 $68,000 --
Secretary Ofhousing Urban Dev -- --
Ft Mortgage Co $36,839 --
Matney William M $34,550 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mell Julie K $54,700
Previous Owner Mell Julie K $52,200
Previous Owner Matney William M $34,867
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $50,000 +0.2% $67 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $49,900 +467.0% $67 / Sq Ft
07/22/2014 07/22/14 Sold $8,800 -45.0% $12 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $16,000 -- $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
2024 $1,919 $31,290 $0 $0
2023 $1,547 $28,150 $0 $0
2022 $924 $24,360 $0 $0
2021 $897 $21,010 $0 $0
2020 $812 $18,650 $0 $0
2019 $1,605 $16,340 $0 $0
2018 $1,028 $14,170 $0 $0
2017 $682 $13,490 $0 $0
2016 $708 $11,990 $0 $0
2015 -- $11,700 $0 $0
2014 -- $11,210 $0 $0
2011 -- $14,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220010793

Realcomp

APN: 14-18-279-016