NOT LISTED FOR SALE

40 1/2 S Marshall St Pontiac, MI 48342

Estimated Value: $175,000 - $188,000

8 Beds
4 Baths
3,458 Sq Ft
$52/Sq Ft Est. Value

Last Sold March 11, 2025

Last sale price $180,000 $52 Per Sq Ft

Current estimated payment $1,282/month

85 Days on Market

About This Home

As of March 2025

Nice 4 unit with Great Return on your investment. All units are the same. 4/2 bedroom units approximately 864 sq ft with newer windows. All units have separate furnaces and hot water tanks. All units have separate meters for gas and electric. Previous owner made modifications to rent by the room- they removed the living room and added bedrooms. Could be converted back to four 2-bedroom apartments.

Last Agent to Sell the Property

Michelle Gharib

Silverstone Real Estate, LLC License #6501380873 Listed on: 12/16/2024

Last Buyer's Agent

Shannon Scott

First Realty Mortgage Corp. License #540000138394

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1930

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 88x11

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 3,458 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1428478018

Community Details

Overview

  • 4 Units
  • Citizen's Development Co Add Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,730

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 252.00
  • Year Built: 1930
  • State Equalized Value: 70460.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Sq Ft Combined: 3458
  • Total Sq Ft: 3458
  • Sq Ft Total Bsmt: 1729

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Frontage Feet: 88
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Pontiac

Lot Info

  • Lot Size Area: 0.23
  • Lot Dimensions: 88x11
  • Parcel Number: 1428478018
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 3372.0000
  • Tax Amount Winter: 358.0000
  • Total Tax: 3730.0000
  • Taxable Value: 61390.0000

Multi Family

  • Number Of Units Total: 4
  • Number of Two Bedroom Units: 4

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2024
Closed on
Mar 12, 2025
Sold by
Moldavite Group Llc
Bought by
K And J Investments Plus Llc
Seller's Agent
Michelle Gharib
Silverstone Real Estate, LLC
Buyer's Agent
Shannon Scott
First Realty Mortgage Corp.
List Price
$209,900
Sold Price
$180,000
Premium/Discount to List
-$29,900
-14.24%
Views
31
Current Estimated Value
$180,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$667
Avg. Annual Appreciation
0.84%
Original Mortgage
$226,100
Outstanding Balance
$171,023
Interest Rate
6.89%
Mortgage Type
Construction
Estimated Equity
$9,644

Purchase Details

Closed on
Jun 27, 2022
Sold by
Adriana Marquez
Bought by
Moldavite Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,250
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2022
Sold by
Vista Verde Properties Llc
Bought by
Marquez Adriana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,250
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2019
Sold by
Maria Caza
Bought by
Vista Verde Properties Llc

Purchase Details

Closed on
Jun 26, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Nov 22, 2011
Sold by
Price Robert V
Bought by
Jpmorgan Chase Bank National Association and Washington Mutual Bank

Purchase Details

Closed on
Feb 6, 2001
Sold by
Harbert Kelley
Bought by
Price R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.91%
Mortgage Type
Commercial
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
K And J Investments Plus Llc $180,000 None Listed On Document
Moldavite Group Llc -- Visionary Title Agency
Marquez Adriana $199,000 Visionary Title Agency
Vista Verde Properties Llc $100,011 None Listed On Document
Fannie Mae -- None Available
Jpmorgan Chase Bank National Association $18,400 None Available
Price R $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K And J Investments Plus Llc $226,100
Previous Owner Marquez Adriana $149,250
Previous Owner Price R $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2025 03/11/25 Sold $180,000 -14.2% $52 / Sq Ft
03/11/2025 03/11/25 Pending -- -- --
12/16/2024 12/16/24 For Sale $209,900 -- $61 / 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 $3,571 $70,460 $0 $0
2023 $2,251 $58,470 $0 $0
2022 $2,251 $46,820 $0 $0
2021 $2,251 $40,450 $0 $0
2020 $2,261 $35,400 $0 $0
2019 $1,888 $32,340 $0 $0
2011 -- $56,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Gharib

    Seller's Agent in 2025

    Michelle Gharib

    Silverstone Real Estate, LLC

    (248) 217-0228

    8 in this area

    24 Total Sales

    Michelle Gharib
    Section Image

  • S

    Buyer's Agent in 2025

    Shannon Scott

    First Realty Mortgage Corp.

See All Agents

Map

Source: Realcomp

MLS Number: 20240092550

Realcomp

APN: 14-28-478-018

Michigan Oakland County Pontiac 48342

40 1/2 S Marshall St, Pontiac, MI

This home is located at 40 1/2 S Marshall St, Pontiac, MI 48342 since 16 December 2024 and is currently estimated at $180,667, approximately $52 per square foot. This property was built in 1930. 40 1/2 S Marshall 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
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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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