NOT LISTED FOR SALE

50 Martin Luther King jr Blvd N Pontiac, MI 48342

Estimated Value: $43,000 - $312,008

0.13 Acre
$1,471,169 Price per Acre
5,663 Sq Ft Lot

Last Sold March 07, 2019

Last sale price $2,500 $2 Per Sq Ft

Est. 7,550% increase in value since last sale

Current estimated payment $1,021/month

472 Days on Market

About This Lot

As of March 2019

Land contract terms possible, make offer! Great opportunity at this price to hold as long term investment, or build your dream home! Bring your own builder or see residential listing for new construction option, also at competitive price! Quit claim deed only. Buyer/buyer's agent to verify all information.

Last Agent to Sell the Property

James Silver

Keller Williams Somerset License #6501302927 Listed on: 11/14/2017

Keller Williams Somerset

Last Buyer's Agent

James Silver

Keller Williams Somerset License #RCO-6501302927

Property Details

Property Type

  • Land

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x139.85

Community Details

  • Assr's Plat No 162 City Of Pontiac Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1427306004

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 1550.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 50
  • Road Frontage Type: Paved

Utilities

  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Pontiac

Lot Info

  • List Price per Acre: 22307.6923
  • Lot Size Area: 0.13
  • Lot Dimensions: 50X139.85
  • Parcel Number: 1427306004
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 83.0000
  • Tax Amount Winter: 3.0000
  • Total Tax: 86.0000

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2017
Closed on
Mar 6, 2019
Sold by
Silver James
Bought by
Pon 18 Trust
Seller's Agent
James Silver
Keller Williams Somerset
Buyer's Agent
James Silver
Keller Williams Somerset
List Price
$9,900
Sold Price
$2,500
Premium/Discount to List
-$7,400
-74.75%
Current Estimated Value
$191,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,752
Avg. Annual Appreciation
92.74%

Purchase Details

Closed on
Dec 9, 2009
Sold by
Alexander Olinzer and Alexander Monica
Bought by
The City Of Pontiac

Purchase Details

Closed on
Nov 29, 2004
Sold by
Hicks Marvin T and Hicks Nora D
Bought by
Alexander Olinzer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,333
Interest Rate
5.71%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pon 18 Trust $2,500 None Available
The City Of Pontiac $115,000 None Available
Alexander Olinzer $85,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexander Olinzer $84,333
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2019 03/07/19 Sold $2,500 -13.8% $2 / Sq Ft
02/19/2019 02/19/19 Price Changed $2,900 -25.6% $2 / Sq Ft
09/06/2018 09/06/18 Price Changed $3,900 -20.4% $2 / Sq Ft
08/01/2018 08/01/18 Price Changed $4,900 -16.9% $3 / Sq Ft
06/06/2018 06/06/18 Price Changed $5,900 -33.7% $4 / Sq Ft
03/07/2018 03/07/18 Price Changed $8,900 -10.1% $5 / Sq Ft
11/14/2017 11/14/17 For Sale $9,900 -- $6 / 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 $87 $3,740 $0 $0
2023 $83 $2,990 $0 $0
2022 $81 $2,720 $0 $0
2021 $78 $1,810 $0 $0
2020 $77 $1,400 $0 $0
2019 $79 $1,400 $0 $0
2018 $80 $1,400 $0 $0
2017 $78 $1,400 $0 $0
2016 $86 $19,160 $0 $0
2015 -- $17,630 $0 $0
2014 -- $15,260 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Silver

    Seller's Agent in 2019

    James Silver

    Keller Williams Somerset

    (248) 417-9617

    16 in this area

    374 Total Sales

    James Silver
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 217102130

Realcomp

APN: 14-27-306-004

Michigan Oakland County Pontiac 48342

50 Martin Luther King jr Blvd N, Pontiac, MI

This home is located at 50 Martin Luther King jr Blvd N, Pontiac, MI 48342 since 14 November 2017 and is currently estimated at $191,252, approximately $116 per square foot. 50 Martin Luther King jr Blvd N 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
Copyright 2025 Realcomp II Ltd. Shareholders
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

Nearby Homes