NOT LISTED FOR SALE

553 S Jessie St Pontiac, MI 48341

Estimated Value: $96,000 - $106,000

5 Beds
1 Bath
1,286 Sq Ft
$78/Sq Ft Est. Value

Last Sold October 09, 2014

Last sale price $6,500 $5 Per Sq Ft

Est. 1,439% increase in value since last sale

Current estimated payment $591/month

79 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of October 2014

Investor owned home in Pontiac. Squatters currently residing in property. Sold as is. Good investment opportunity.

Last Agent to Sell the Property

Deb Deb Bertram

Home & Land Real Estate East License #6501208375 Listed on: 07/21/2014

Last Buyer's Agent

Enrico Totty

Esoteric Realty LLC License #RCO

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,286 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Ferry Farm Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1433451005

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 637.5
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 9
  • Total Bedrooms: 5
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Sq Ft Combined: 1286
  • Total Sq Ft: 1286
  • Sq Ft Total Bsmt: 600

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 50
  • 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: 41176.4706
  • Lot Size Area: 0.17
  • Lot Dimensions: 50X150
  • Parcel Number: 1433451005

Tax Info

  • Tax Amount Summer: 592.0000
  • Tax Amount Winter: 652.0000
  • Total Tax: 1244.0000

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2014
Closed on
Oct 10, 2014
Sold by
Alliance Real Estate Investments Llc
Bought by
Totty S Properties Llc
Seller's Agent
Deb Deb Bertram
Home & Land Real Estate East
Buyer's Agent
Enrico Totty
Esoteric Realty LLC
List Price
$10,000
Sold Price
$6,500
Premium/Discount to List
-$3,500
-35%
Current Estimated Value
$100,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,545
Avg. Annual Appreciation
27.72%

Purchase Details

Closed on
Sep 8, 2010
Sold by
Citimortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 27, 2010
Sold by
Taylor Rosalind
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jun 20, 2006
Sold by
Boone Judith and Boone Gloria
Bought by
Foster Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
10.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2002
Sold by
Eatmon Mary F
Bought by
Taylor Rosalind

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,250
Interest Rate
6.13%
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
Totty S Properties Llc $6,500 Cvt
Federal National Mortgage Association -- None Available
Citimortgage Inc $31,454 None Available
Foster Betty J $140,000 Metropolitan Title Company
Taylor Rosalind $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foster Betty J $126,000
Previous Owner Taylor Rosalind $33,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2014 10/09/14 Sold $6,500 -35.0% $5 / Sq Ft
10/08/2014 10/08/14 Pending -- -- --
07/21/2014 07/21/14 For Sale $10,000 -- $8 / 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 $729 $25,990 $0 $0
2023 $695 $22,830 $0 $0
2022 $733 $19,990 $0 $0
2021 $712 $17,720 $0 $0
2020 $631 $15,560 $0 $0
2019 $681 $13,440 $0 $0
2018 $649 $12,270 $0 $0
2017 $625 $11,710 $0 $0
2016 $652 $11,430 $0 $0
2015 -- $10,690 $0 $0
2014 -- $10,470 $0 $0
2011 -- $16,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214073933

Realcomp

APN: 14-33-451-005