NOT LISTED FOR SALE

487 S Paddock St Pontiac, MI 48341

Estimated Value: $113,000 - $149,000

3 Beds
1 Bath
1,576 Sq Ft
$80/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $90,000 $57 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $758/month

82 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Ceiling Fan
  • No HOA
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of February 2022

Classic Historical Pontiac home near St. Joe's hospital and downtown Pontiac. Home is clean with 3 bedrooms and an open loft on the second floor. Seller owns the vacant lot to the north and is selling this lot alone or with this property. Sellers will offer a discount if both are being purchased together. Behind the house there is what was once an efficiency apartment with electrical and plumbing for a kitchen and a full bath . It is currently being used for storage but with some elbow grease and a little bit of money, can be converted back to a small rental. The basement is super dry and clean. There is a built in pantry over the staircase to the basement with a moveable floor that swings down to provide a huge walk-in pantry. The floor moves up and down to provide both access to the basement and access to the walk-in pantry. An interesting property with a lot of potential. Be sure to check it out before it sells!

Last Agent to Sell the Property

Susan Munce

Real Estate Us, LLC License #6501209642 Listed on: 11/02/2021

Last Buyer's Agent

Jennifer Gross

EXP Realty LLC License #RCO-6501379063

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1910

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50.00x150.00
  • Historic Home

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,576 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Free-Standing Gas Oven
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Ferry Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1433332006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,245

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial, Historic
  • Architecture Level: 2 Story
  • Year Built: 1910
  • State Equalized Value: 22860.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail, Cable Available
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dryer, Free-Standing Gas Oven, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1576
  • Total Sq Ft: 1576
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Foundation Materials: Poured
  • Frontage Feet: 50
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Pontiac

Lot Info

  • Homestead: Yes
  • List Price per Acre: 588235.2900
  • Lot Size Area: 0.17
  • Lot Dimensions: 50.00X150.00
  • Parcel Number: 1433332006

Rental Info

  • Deposit Amount: 20000.00

Tax Info

  • Tax Amount Summer: 516.0000
  • Tax Amount Winter: 729.0000
  • Total Tax: 1245.0000
  • Taxable Value: 14470.0000

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Feb 11, 2022
Sold by
Hlahla Bruce and Hlahla Kimberly
Bought by
Mendez Danielle and Mendez Armando
Seller's Agent
Susan Munce
Real Estate Us, LLC
Buyer's Agent
Jennifer Gross
EXP Realty LLC
List Price
$100,000
Sold Price
$90,000
Premium/Discount to List
-$10,000
-10%
Current Estimated Value
$125,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,295
Avg. Annual Appreciation
9.52%

Purchase Details

Closed on
Apr 17, 2018
Sold by
Hlahla Kimberly and Mcgasan Kimberly
Bought by
Mcgasan Kimberly

Purchase Details

Closed on
Jul 27, 2012
Sold by
Hlahla Kimberly
Bought by
Hlahla Kimberly

Purchase Details

Closed on
Oct 1, 2010
Sold by
Meisner Andrew E
Bought by
Hlahla Kimberly and Bridgewater Natoshya

Purchase Details

Closed on
May 26, 2010
Sold by
Jefferson Lonnie D
Bought by
Hlahla Bruce B and Hlahla Kimberly
Source: Public Records

Range of Values:

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Average Value
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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
Mendez Danielle $98,000 None Listed On Document
Mcgasan Kimberly -- None Available
Hlahla Kimberly -- None Available
Hlahla Kimberly -- None Available
Hlahla Bruce B -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2022 02/11/22 Sold $90,000 -10.0% $57 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
11/02/2021 11/02/21 For Sale $100,000 -- $63 / 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 $1,133 $33,420 $0 $0
2023 $1,081 $29,380 $0 $0
2022 $623 $25,700 $0 $0
2021 $1,547 $22,860 $0 $0
2020 $784 $20,210 $0 $0
2019 $836 $17,410 $0 $0
2018 $801 $15,430 $0 $0
2017 $770 $14,720 $0 $0
2016 $796 $14,320 $0 $0
2015 -- $13,370 $0 $0
2014 -- $13,080 $0 $0
2011 -- $19,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210091827

Realcomp

APN: 14-33-332-006