NOT LISTED FOR SALE

550 Luther Ave Pontiac, MI 48341

Estimated Value: $96,000 - $154,000

3 Beds
1 Bath
909 Sq Ft
$142/Sq Ft Est. Value

Last Sold July 05, 2018

Last sale price $71,000 $78 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $771/month

5 Days on Market

Highlights

  • Ranch Style House
  • Fireplace in Basement
  • Ceiling Fan
  • No HOA
  • Forced Air Heating System

About This Home

As of July 2018

FABULOUS, FULLY RENOVATED home on the border of Pontiac and Bloomfield Hills. FULL BASEMENT! ALL REFINISH ORIGINAL HARDWOOD Floor throughout! WHOLE NEW KITCHEN! NEW BATHROOM! Room in Basement can be converted to a 4th Bedroom. Quiet neighborhood! It WONT LAST AT THIS PRICE! All showing must be accommodate by an agent. Showing through Showtime. All offer is to be submitted to listing agent, leeluke81@gmail.

Last Agent to Sell the Property

Luke Lee

New Michigan Realty, LLC License #6501407294 Listed on: 05/20/2018

New Michigan Realty, LLC

Last Buyer's Agent

Luke Lee

New Michigan Realty, LLC License #6501407294 Listed on: 05/20/2018

New Michigan Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964 | Remodeled in 2018

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x112

Home Design

  • Ranch Style House
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 909 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Partially Finished Basement
  • Fireplace in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Fairview Heights Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1905254022

Home Details

Home Type

Single Family

Year Built

Built in 1964 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 1165.3
  • Year Built: 1964
  • Year Renovated: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Basement
  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1659
  • Sq Ft Lower Floor: 750
  • Total Sq Ft: 909
  • Sq Ft Total Bsmt: 909

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • 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

  • List Price per Acre: 675000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 40X112
  • Parcel Number: 1905254022

Tax Info

  • Tax Amount Summer: 632.0000
  • Tax Amount Winter: 1186.0000
  • Total Tax: 1818.0000

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2018
Closed on
Jul 5, 2018
Sold by
Luther Avenue Property Llc
Bought by
Lafnear Todd Allen and Lafnear Nicole Michelle
Seller's Agent
Luke Lee
New Michigan Realty, LLC
Buyer's Agent
Luke Lee
New Michigan Realty, LLC
List Price
$67,500
Sold Price
$71,000
Premium/Discount to List
$3,500
5.19%
Current Estimated Value
$129,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,476
Avg. Annual Appreciation
8.83%
Original Mortgage
$72,526
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Closed on
May 17, 2016
Sold by
Cirincione Sandy and Cirincione Pete
Bought by
Luther Avenue Property Llc

Purchase Details

Closed on
May 27, 2008
Sold by
Cirincione Pete and Cirincione Sandy
Bought by
Equity Holdings Michigan Llc

Purchase Details

Closed on
Mar 2, 2007
Sold by
C O Equities Llc
Bought by
Luther 550 Llc

Purchase Details

Closed on
Oct 31, 2006
Sold by
Jpmorgan Chase Bank Na
Bought by
Co Equities Llc

Purchase Details

Closed on
Sep 5, 2006
Sold by
Hayes Bobbie
Bought by
Jpmorgan Chase Bank Na
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
Lafnear Todd Allen $71,000 Bankers Title Settlement
Luther Avenue Property Llc $752 None Available
Equity Holdings Michigan Llc -- None Available
Luther 550 Llc $26,000 Parks Title
Co Equities Llc -- Parks Title
Jpmorgan Chase Bank Na $38,946 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lafnear Todd Allen $107,948
Closed Lafnear Todd Allen $72,526
Previous Owner Cirincione Sandy $53,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2018 07/05/18 Sold $71,000 +5.2% $78 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/20/2018 05/20/18 For Sale $67,500 -- $74 / 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 $744 $30,970 $0 $0
2023 $710 $28,090 $0 $0
2022 $752 $24,210 $0 $0
2021 $731 $21,850 $0 $0
2020 $645 $19,970 $0 $0
2019 $706 $17,250 $0 $0
2018 $704 $13,490 $0 $0
2017 $1,817 $13,270 $0 $0
2016 $3,180 $12,690 $0 $0
2015 -- $13,150 $0 $0
2014 -- $11,450 $0 $0
2011 -- $20,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Luke Lee

    New Michigan Realty, LLC

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Map

Source: Realcomp

MLS Number: 218044182

Realcomp

APN: 19-05-254-022

Michigan Oakland County Pontiac 48341

550 Luther Ave, Pontiac, MI

This home is located at 550 Luther Ave, Pontiac, MI 48341 since 20 May 2018 and is currently estimated at $129,476, approximately $142 per square foot. This property was built in 1964. 550 Luther Ave is a home located in Oakland County with nearby schools including Walt Whitman Elementary School, Pontiac Middle School, and Pontiac High School.

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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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