NOT LISTED FOR SALE

405 Brooks Ave Pontiac, MI 48340

Estimated Value: $187,000 - $272,000

3 Beds
2 Baths
2,140 Sq Ft
$110/Sq Ft Est. Value

Last Sold August 21, 2017

Last sale price $56,000 $26 Per Sq Ft

Est. 322% increase in value since last sale

Current estimated payment $1,530/month

About This Home

As of August 2017

Excellent opportunity for an investor or a handyman looking to build some sweat equity. This home needs work, but is located on a beautifully maintained dead end street. It is well worth the effort to restore this one to its former glory. Cash only offers due to condition.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2020
Sold by
Equity Trust Company
Bought by
Walker Melissa
Current Estimated Value
$236,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,719
Outstanding Balance
$129,340
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$106,953

Purchase Details

Closed on
Feb 13, 2018
Sold by
Security Pacific National Bank
Bought by
Johnston Daniel

Purchase Details

Listed on
Sep 12, 2016
Closed on
Sep 13, 2017
Sold by
Miller Willbert D
Bought by
Equity Trust Co
Seller's Agent
Tom Hutt
RE/MAX Classic
Buyer's Agent
Roger Ingles
RE/MAX Showcase Homes
List Price
$78,000
Sold Price
$56,000
Premium/Discount to List
-$22,000
-28.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.72%
Original Mortgage
$60,500
Interest Rate
10%
Mortgage Type
Unknown

Purchase Details

Listed on
Sep 12, 2016
Closed on
Aug 16, 2017
Sold by
Maloney John K and Estate Of Daniel Frank Johnsto
Bought by
Miller Wilbert D
Seller's Agent
Tom Hutt
RE/MAX Classic
Buyer's Agent
Roger Ingles
RE/MAX Showcase Homes
List Price
$78,000
Sold Price
$56,000
Premium/Discount to List
-$22,000
-28.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,500
Interest Rate
10%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Walker Melissa $129,000 Ata National Title Group Llc
Johnston Daniel $45,711 None Available
Equity Trust Co $55,000 Ata National Title Group Llc
Miller Wilbert D $56,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Melissa $143,719
Previous Owner Miller Wilbert D $60,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2017 08/21/17 Sold $56,000 +12.0% $26 / Sq Ft
12/07/2016 12/07/16 Pending -- -- --
11/28/2016 11/28/16 Price Changed $50,000 -9.1% $23 / Sq Ft
11/07/2016 11/07/16 Price Changed $55,000 -8.3% $26 / Sq Ft
10/24/2016 10/24/16 Price Changed $60,000 -7.7% $28 / Sq Ft
10/10/2016 10/10/16 Price Changed $65,000 -7.1% $30 / Sq Ft
09/28/2016 09/28/16 Price Changed $70,000 -10.3% $33 / Sq Ft
09/12/2016 09/12/16 For Sale $78,000 -- $36 / Sq Ft

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 $2,907 $88,380 $0 $0
2023 $2,771 $79,380 $0 $0
2022 $2,756 $73,000 $0 $0
2021 $2,672 $69,480 $0 $0
2020 $2,748 $62,750 $0 $0
2019 $2,827 $54,470 $0 $0
2018 $1,880 $47,970 $0 $0
2017 $1,282 $43,840 $0 $0
2016 $1,304 $38,580 $0 $0
2015 -- $35,860 $0 $0
2014 -- $32,780 $0 $0
2011 -- $46,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom Hutt

    Seller's Agent in 2017

    Tom Hutt

    RE/MAX

    (248) 219-9993

    1 in this area

    126 Total Sales

    Section Image

  • R

    Buyer's Agent in 2017

    Roger Ingles

    RE/MAX

    Section Image
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Map

Michigan Oakland County Pontiac 48340

405 Brooks Ave, Pontiac, MI

This home is located at 405 Brooks Ave, Pontiac, MI 48340 and is currently estimated at $236,293, approximately $110 per square foot. 405 Brooks Ave is a home located in Oakland County with nearby schools including Rogers Elementary, 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.

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