NOT LISTED FOR SALE

389 Bay St Pontiac, MI 48342

Estimated Value: $167,000 - $187,000

3 Beds
1 Bath
1,032 Sq Ft
$171/Sq Ft Est. Value

Last Sold June 23, 2016

Last sale price $21,000 $20 Per Sq Ft

Est. 740% increase in value since last sale

Current estimated payment $1,257/month

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • 2 Car Garage
  • No HOA

About This Home

As of June 2017

AWESOME BRICK RANCH! HOME FEATURES HARDWOOD FLOORING THROUGHOUT, UPDATED KITCHEN AND BATHROOM, FULL BASEMENT AND FENCED IN YARD WITH A DECK. HOME IS CERTIFIED AS A RENTAL, ALL ROOM SIZES ARE APPROXIMATE, 13+MONTH LEASE AVAILABLE. THERE IS A $25 APPLICATIONS FEE PER APPLICANT, APPLICATIONS CAN BE COMPLETED ONLINE OR AT OUR OFFICE. PETS WELCOME, NON REFUNDABLE $250.00 DEPOSIT APPLIES. ALL APPLICANTS NEED TO HAVE MINIMUM CREDIT SCORE OF 500, NO EVICTIONS, AND 3X MONTHLY RENT IN INCOME. OWNER IS LICENSED BROKER IN THE STATE OF MICHIGAN. MOVE RIGHT IN AND CALL HOME TODAY!

Last Agent to Rent the Property

Jeanette Lucy

IQ Properties LLC License #6502409787 Listed on: 05/22/2017

Last Renter's Agent

Robert Reilly

Real Estate One-Rochester License #6501066965

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,554

Year Built

  • Built in 1957

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 75x120

Parking

  • 2 Car Garage

Home Design

  • 1,032 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Herrington Hills Sub Subdivision

Listing and Financial Details

  • Security Deposit $1,350
  • 24 Month Lease Term
  • Application Fee: 25.00
  • Assessor Parcel Number 1422458018

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,554

Year Built

Built in 1957

Lot Details

0

Rental Info

  • Application Fee: 25.00
  • Lease Type: Single Family House
  • Security Deposit: 1350.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1032
  • Total Sq Ft: 1032
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 75
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Pontiac

Lot Info

  • List Price per Acre: 4285.7143
  • Lot Size Area: 0.21
  • Lot Dimensions: 75X120
  • Parcel Number: 1422458018

Multi Family

  • Length of Lease: 13-24 Months

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2023
Sold by
Valley Mary M and Valley Lawrence E
Bought by
389 Bay Street Land Trust
Current Estimated Value
$176,330

Purchase Details

Closed on
Feb 15, 2019
Sold by
Valley Real Estate Llc
Bought by
Valley Mary M and Valley Lawrence E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2017
Closed on
May 11, 2017
Sold by
Gwh Properties Llc and Jordan Michael
Bought by
Valley Real Estate Llc
Seller's Agent
Jeanette Lucy
IQ Properties LLC
Buyer's Agent
Robert Reilly
Real Estate One-Rochester
Sold Price
$900

Purchase Details

Listed on
Feb 20, 2016
Closed on
Jun 23, 2016
Sold by
Mph Llc
Bought by
Gwh Properties Llc
Seller's Agent
Jeanette Lucy
IQ Properties LLC
Buyer's Agent
Jeanette Lucy
IQ Properties LLC
List Price
$31,900
Sold Price
$21,000
Premium/Discount to List
-$10,900
-34.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.02%
Original Mortgage
$17,800
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2015
Sold by
Honor Management Llc
Bought by
Mph Llc

Purchase Details

Closed on
Apr 24, 2015
Sold by
Fortus Hanker Llc
Bought by
Honor Management Llc

Purchase Details

Closed on
Dec 10, 2013
Sold by
Jpmorgan Chase Bank National Association
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Nov 12, 2013
Sold by
Peter Joe and North American Mortgage Compan
Bought by
Jpmorgan Chase Bank National Association
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
389 Bay Street Land Trust -- --
Valley Mary M -- None Available
Valley Real Estate Llc $65,000 None Available
Gwh Properties Llc $21,000 Fidelity National Title
Mph Llc $47,500 None Available
Honor Management Llc $41,000 Attorney
Fannie Mae -- None Available
Jpmorgan Chase Bank National Association $46,642 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valley Mary M $65,000
Previous Owner Gwh Properties Llc $17,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2017 06/22/17 Rented $900 0.0% --
06/16/2017 06/16/17 Under Contract -- -- --
05/22/2017 05/22/17 For Rent $900 0.0% --
06/23/2016 06/23/16 Sold $21,000 -34.2% $20 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
02/20/2016 02/20/16 For Sale $31,900 +81.8% $31 / Sq Ft
12/04/2014 12/04/14 Sold $17,550 -26.6% $17 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
08/13/2014 08/13/14 For Sale $23,900 -- $23 / 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 $3,554 $61,070 $0 $0
2023 $1,687 $54,260 $0 $0
2022 $1,753 $48,720 $0 $0
2021 $1,639 $43,130 $0 $0
2020 $1,533 $38,080 $0 $0
2019 $1,594 $31,850 $0 $0
2018 $1,559 $26,750 $0 $0
2017 $1,519 $22,330 $0 $0
2016 $1,251 $20,430 $0 $0
2015 -- $19,790 $0 $0
2014 -- $22,280 $0 $0
2011 -- $31,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217041726

Realcomp

APN: 14-22-458-018