NOT LISTED FOR SALE

489 Colorado Ave Pontiac, MI 48341

Estimated Value: $89,000 - $129,000

3 Beds
1 Bath
787 Sq Ft
$138/Sq Ft Est. Value

Last Sold March 20, 2018

Last sale price $15,000 $19 Per Sq Ft

Est. 623% increase in value since last sale

Current estimated payment $638/month

19 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System

About This Home

As of March 2018

Excellent bargain on this 3 bedroom Pontiac Ranch! Full sized basement. Property to be sold via Quit Claim Deed on an all cash basis as-is with no contingencies, where-is with all faults and limitations without any representatives and/or warranties made by the Seller. Buyer is welcome to a full title closing and Seller will issue a Special or Limited Warranty deed if the buyer assumes all closing costs (both buyer and Seller side).

Last Agent to Sell the Property

Sam Hantosh

RE/MAX Team 2000 License #6501348723 Listed on: 10/12/2017

RE/MAX Team 2000

Last Buyer's Agent

Darroll Jenkins

Community Choice Realty Inc License #RCO-6501317016

Community Choice Realty Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920 | Remodeled in 1967

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 37.5x105

Home Design

  • 787 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Crystal Lake Bloomfield Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1905231008

Home Details

Home Type

Single Family

Year Built

Built in 1920 | Remodeled in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 57
  • Year Built: 1920
  • Year Renovated: 1967
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 787
  • Total Sq Ft: 787
  • Sq Ft Total Bsmt: 700

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 37
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Pontiac

Lot Info

  • List Price per Acre: 183333.3333
  • Lot Size Area: 0.09
  • Lot Dimensions: 37.5X105
  • Parcel Number: 1905231008

Tax Info

  • Tax Amount Summer: 368.0000
  • Tax Amount Winter: 69.0000
  • Total Tax: 437.0000

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2017
Sold by
Honradez Investment Group Llc
Bought by
Green Ii Charles A
Current Estimated Value
$108,442

Purchase Details

Closed on
May 4, 2017
Sold by
Deutsche Bank Trust Company Americas
Bought by
Honradez Investment Group Llc

Purchase Details

Closed on
Jun 10, 2005
Sold by
Lombardo Peter J and Lombardo Revocable Liv Peter J
Bought by
Schoensee Henry E and Schoensee Katherine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,760
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 8, 2001
Sold by
Bankers Trust Co Of Ca
Bought by
Peter J Lombardo Tr

Purchase Details

Closed on
Mar 7, 2000
Sold by
Geans Wyatt
Bought by
Bankers Trust Co Of Ca

Purchase Details

Closed on
Mar 3, 1997
Sold by
Grayson Billy Ray
Bought by
Geans Wyatt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,300
Interest Rate
7.93%

Purchase Details

Closed on
Jan 26, 1996
Sold by
Chatman Soloman
Bought by
Geans Wyatt
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
Green Ii Charles A $15,000 None Available
Honradez Investment Group Llc $7,500 Accommodation
Schoensee Henry E $60,800 Philip R Seaver Title Co Inc
Peter J Lombardo Tr $9,000 --
Bankers Trust Co Of Ca $30,911 --
Geans Wyatt $18,500 --
Geans Wyatt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schoensee Henry E $57,760
Previous Owner Geans Wyatt $18,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2018 03/20/18 Sold $15,000 -9.1% $19 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
10/12/2017 10/12/17 For Sale $16,500 -- $21 / 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 $567 $19,420 $0 $0
2023 $540 $17,770 $0 $0
2022 $648 $15,420 $0 $0
2021 $569 $13,690 $0 $0
2020 $492 $12,400 $0 $0
2019 $540 $10,830 $0 $0
2018 $711 $8,600 $0 $0
2017 $409 $8,490 $0 $0
2016 $437 $8,240 $0 $0
2015 -- $7,590 $0 $0
2014 -- $6,730 $0 $0
2011 -- $12,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217092661

Realcomp

APN: 19-05-231-008