NOT LISTED FOR SALE

Estimated Value: $112,000 - $187,000

4 Beds
2 Baths
1,738 Sq Ft
$84/Sq Ft Est. Value

Sale Details

Date Sold: August 15, 2023

Last sale price $135,000 $78 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,009 / mo

13 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • Garage

About This Home

As of August 2023

Multiple offers were received. The highest & Best offers are due Sunday 08/06/2023 by 6 pm. Welcome to this charming 2-unit duplex, situated in Pontiac, Michigan, just a stone's throw away from the downtown area. Boasting recent updates, this property presents a fantastic opportunity for both investors and homeowners alike.

Each unit has been thoughtfully renovated and comprises 2 bedrooms and 1 bathroom, providing comfortable and contemporary living spaces. The timeless appeal of hardwood floors graces both units, exuding a sense of warmth and elegance. The lower unit, thoughtfully upgraded with new carpeting, offers an additional touch of coziness.

This duplex offers versatility and multiple possibilities to suit your preferences and needs. Investors will appreciate the potential for a steady rental income by leasing out both units.

For those looking to embrace the urban lifestyle while keeping their expenses in check, this duplex opens up the possibility of living in one of the units while enjoying rental income from the other. Imagine residing in a stylish, upgraded space while having the potential to offset your living expenses significantly.

Moreover, for those with a vision of restoring a classic single-family home, this property offers an exceptional opportunity to convert it back into one, taking advantage of the already updated features and solid structure.

With its prime location near a growing downtown area and the potential for generating income or creating a dream home, this 2-unit duplex in Pontiac, Michigan is a gem worth exploring. Don't miss out on this chance to seize a piece of real estate that combines modern upgrades with versatile options. Come and experience the potential that this duplex has to offer!

Last Agent to Sell the Property

Christopher Hubel

@properties Christie's Int'l R.E. Birmingham License #6501406271 Listed on: 07/24/2023

@properties Christie's Int'l R.E. Birmingham

Last Buyer's Agent

Michael Lennon

Real Estate One-Oxford License #6501426034

Real Estate One-Oxford

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1910 | Remodeled in 1970

Lot Details

  • Lot Dimensions are 40.00 x 124.00

Parking

  • Garage

Home Design

  • Duplex
  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,738 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1428103010

Community Details

Overview

  • 2 Units
  • Gingell Court Add Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,618

Year Built

Built in 1910 | Remodeled in 1970

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Duplex
  • Architecture Level: 2 Story
  • Year Built: 1910
  • State Equalized Value: 33640.0000
  • Year Renovated: 1970
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1738

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes

Utilities

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

Lot Info

  • Lot Dimensions: 40.00 x 124.00
  • Parcel Number: 1428103010
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 2100

Tax Info

  • Tax Amount Summer: 1563.0000
  • Tax Amount Winter: 55.7700
  • Total Tax: 1618.0000
  • Taxable Value: 29370.0000

Multi Family

  • Gross Scheduled Income: 25200.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Pontiac

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Aug 15, 2023
Sold by
Bought by
Seller's Agent
Christopher Hubel
@properties Christie's Int'l R.E. Birmingham
Buyer's Agent
Michael Lennon
Real Estate One-Oxford
List Price
$140,000
Sold Price
$135,000
Premium/Discount to List
-$5,000
-3.57%
Views
118
Current Estimated Value
$146,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,381
Avg. Annual Appreciation
2.76%

Purchase Details

Listed on
Sep 6, 2019
Closed on
Oct 17, 2019
Sold by
Bought by
Seller's Agent
matt golden
Midpoint Real Estate Services, LLC
Buyer's Agent
Tony Shkreli
Community Choice Realty Inc
List Price
$43,000
Sold Price
$32,000
Premium/Discount to List
-$11,000
-25.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.48%

Purchase Details

Closed on
Sep 7, 2018
Sold by
Bought by

Purchase Details

Closed on
Apr 24, 2015
Sold by
Bought by

Purchase Details

Closed on
Mar 28, 2015
Sold by
Bought by

Purchase Details

Closed on
Mar 27, 2015
Sold by
Bought by

Purchase Details

Closed on
Apr 4, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Pontiac, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$135,000 None Listed On Document
$32,000 Fnt
-- None Available
$39,150 Attorney
$28,250 None Available
$23,000 Attorney
$45,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $87,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2023 08/15/23 Sold $135,000 -3.6% $78 / Sq Ft
08/06/2023 08/06/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $140,000 +337.5% $81 / Sq Ft
10/15/2019 10/15/19 Sold $32,000 -25.6% $18 / Sq Ft View Prior Sale
09/12/2019 09/12/19 Pending -- -- --
09/06/2019 09/06/19 For Sale $43,000 -- $25 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,462 $44,890 $0 $0
2024 $2,467 $44,920 $0 $0
2023 $1,694 $37,190 $0 $0
2022 $4,415 $33,640 $0 $0
2021 $1,773 $30,630 $0 $0
2020 $1,740 $28,050 $0 $0
2019 $1,550 $24,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230060669

Realcomp

APN: 14-28-103-010

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