NOT LISTED FOR SALE

58 E Fairmount Ave Pontiac, MI 48340

Estimated Value: $158,000 - $180,000

4 Beds
2 Baths
1,391 Sq Ft
$119/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $120,000 $86 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,026/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • No HOA
  • 2 Car Detached Garage

About This Home

As of January 2022

SELLER HAS RECEIVED MULTIPLE OFFERS AND HAS ELECTED TO HOLD A HIGHEST AND BEST DUE SUNDAY DECEMBER 12 AT 1:00 TO LIST AGENT

Check out this charming colonial home complete with everything a family could need! The 4 bedroom 2 bath home home has lovely finishes throughout and plenty of natural light. The floorplan is smart and you'll be pleased to find amazing amounts of storage space, bonus rooms and even an additional upstairs kitchen! This home is well loved and has had some updates to kitchen and flooring while the core of the home remains original to the beautiful house. This is a home worth it's measure! Come see it today!

Last Agent to Sell the Property

Kevin Stewart

Stewart Team R E Partners Inc License #6506048651 Listed on: 12/09/2021

Last Buyer's Agent

Jessica Zielke

Good Company License #6501376883

Good Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1930 | Remodeled in 2005

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00x127.00

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,391 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Free-Standing Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Baldwin Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1417404013
  • $6,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$680

Year Built

Built in 1930 | Remodeled in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1930
  • State Equalized Value: 31860.0000
  • Year Renovated: 2005
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • AgentOnly_ListPriceByAcre: 914166.6600
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Washer
  • Total Sq Ft: 1391

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exclusions: Yes
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00X127.00
  • Parcel Number: 1417404013

Tax Info

  • Tax Amount Summer: 587.0000
  • Tax Amount Winter: 93.0000
  • Total Tax: 680.0000
  • Taxable Value: 16450.0000

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Jan 21, 2022
Sold by
Mary Smith Linda
Bought by
Rivera Rayvon M
Seller's Agent
Kevin Stewart
Stewart Team R E Partners Inc
Buyer's Agent
Jessica Zielke
Good Company
List Price
$109,700
Sold Price
$120,000
Premium/Discount to List
$10,300
9.39%
Current Estimated Value
$165,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,216
Avg. Annual Appreciation
8.32%
Original Mortgage
$117,826
Outstanding Balance
$108,586
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$56,630
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rivera Rayvon M $120,000 Sterling Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Rayvon M $117,826
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2022 01/21/22 Sold $120,000 +9.4% $86 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/09/2021 12/09/21 For Sale $109,700 -- $79 / 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
2025 $2,042 $57,410 $0 $0
2024 $1,868 $54,200 $0 $0
2023 $1,781 $48,410 $0 $0
2022 $700 $37,280 $0 $0
2021 $680 $31,860 $0 $0
2020 $596 $27,610 $0 $0
2019 $655 $23,600 $0 $0
2018 $624 $20,840 $0 $0
2017 $594 $19,590 $0 $0
2016 $621 $16,840 $0 $0
2015 -- $16,480 $0 $0
2014 -- $15,780 $0 $0
2011 -- $19,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210100150

Realcomp

APN: 14-17-404-013