NOT LISTED FOR SALE

587 E Madison Ave Pontiac, MI 48340

Pontiac Area

Estimated Value: $119,000 - $144,000

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

Sale Details

Date Sold: October 10, 2023

Last sale price $102,500 $107 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $897 / mo

About This Home

Cozy 3 Bedroom & 1 Full Bathroom Tri-Level in North Pontiac. Step Down Foyer, 2 Beds & Full Bath Upstairs, One Bedroom on Living Room Level. Kitchen has been Updated, Painted & Wood Floors have been Refinished in the last couple of years. Nice Fenced Yard, 1.5 Car Garage, Laundry Room, & Crawl Space w/Cement Floor for Storage. Tenant has an Active Lease for approximately 16 more months.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Oct 10, 2023
Sold by
Bought by
Seller's Agent
Haig Istamboulian
Arterra Realty Michigan LLC
Buyer's Agent
Nancy Cotten
Brookstone, Realtors LLC
List Price
$99,900
Sold Price
$102,500
Premium/Discount to List
$2,600
2.6%
Views
62
Current Estimated Value
$131,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,200
Avg. Annual Appreciation
9.33%
Original Mortgage
$76,875
Outstanding Balance
$74,857
Interest Rate
7.49%
Estimated Equity
$56,843

Purchase Details

Closed on
Nov 16, 2016
Sold by
Bought by

Purchase Details

Listed on
Sep 3, 2015
Closed on
Oct 16, 2015
Sold by
Bought by
Seller's Agent
Mary Kucharczyk
Mary KK Realty LLC
Buyer's Agent
Haig Istamboulian
Arterra Realty Michigan LLC
List Price
$42,000
Sold Price
$28,500
Premium/Discount to List
-$13,500
-32.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.23%

Purchase Details

Closed on
Jul 13, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 5, 2004
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 1989
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Pontiac, MI

  • Rodney Gammon Real Estate Agent - Key Realty-Ann Arbor

    Rodney Gammon

    Key Realty-Ann Arbor

    (947) 210-6230

    31 Total Sales

    5 in Pontiac

    $65K - $225K Price Range

    Rodney Gammon
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  • Leonard Pickett Real Estate Agent - RCH Brokerage Legacy Inc

    Leonard Pickett

    RCH Brokerage Legacy Inc

    (313) 765-8101

    87 Total Sales

    5 in Pontiac

    $102K - $128K Price Range

    Leonard Pickett
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  • Todd Fedie Real Estate Agent - KW Realty Livingston

    Todd Fedie

    KW Realty Livingston

    (517) 225-0322

    309 Total Sales

    7 in Pontiac

    $150K - $172K Price Range

    Todd Fedie
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  • Sean Shields Real Estate Agent - Max Broock, REALTORS-Royal Oak

    Sean Shields

    Max Broock, REALTORS-Royal Oak

    (248) 422-0346

    65 Total Sales

    1 in Pontiac

    $155,000 Price

    Sean Shields
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  • Keri Sorenson Real Estate Agent - National Realty Centers, Inc

    Keri Sorenson

    National Realty Centers, Inc

    (947) 886-8779

    193 Total Sales

    2 in Pontiac

    $156K - $200K Price Range

    Keri Sorenson
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  • Jamie Jones Real Estate Agent - Real Deal Management LLC

    Jamie Jones

    Real Deal Management LLC

    (947) 210-5346

    84 Total Sales

    42 in Pontiac

    $49K - $255K Price Range

    Jamie Jones
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$102,500 Sterling Title Agency
-- None Available
$28,600 Attorney
$12,500 None Available
-- Philip R Seaver Title Co Inc
$26,000 Philip R Seaver Title Co Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $76,875
Previous Owner $84,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2023 10/10/23 Sold $102,500 +2.6% $107 / Sq Ft View Prior Sale
09/08/2023 09/08/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $99,900 0.0% $104 / Sq Ft
02/27/2023 02/27/23 For Rent $1,099 0.0% --
10/24/2022 10/24/22 Off Market $1,099 -- --
10/20/2022 10/20/22 Under Contract -- -- --
10/20/2022 10/20/22 Rented $1,099 0.0% --
08/25/2022 08/25/22 For Rent $1,099 0.0% --
10/16/2015 10/16/15 Sold $28,500 -32.1% $30 / Sq Ft View Prior Sale
10/05/2015 10/05/15 Pending -- -- --
09/03/2015 09/03/15 For Sale $42,000 -- $44 / Sq Ft

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,076 $40,820 $0 $0
2024 $2,017 $36,720 $0 $0
2023 $990 $32,380 $0 $0
2022 $1,018 $28,000 $0 $0
2021 $989 $24,530 $0 $0
2020 $900 $22,350 $0 $0
2019 $955 $19,590 $0 $0
2018 $917 $17,850 $0 $0
2017 $880 $17,220 $0 $0
2016 $905 $15,280 $0 $0
2015 -- $13,270 $0 $0
2014 -- $11,570 $0 $0
2011 -- $18,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Haig Istamboulian Real Estate Agent - Arterra Realty Michigan LLC

    Seller's Agent in 2023

    Haig Istamboulian

    Arterra Realty Michigan LLC

    (248) 379-6547

    251 Total Sales

    Haig Istamboulian
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  • S

    Seller Co-Listing Agent in 2023

    Savina Istamboulian

    Arterra Realty Michigan LLC

    Section Image
  • Nancy Cotten Real Estate Agent - Brookstone, Realtors LLC

    Buyer's Agent in 2023

    Nancy Cotten

    Brookstone, Realtors LLC

    (248) 459-2605

    44 Total Sales

    Nancy Cotten
    Section Image

  • C

    Seller's Agent in 2022

    Carlo Gobba

    Logical Property Management

    Section Image

  • M

    Seller's Agent in 2015

    Mary Kucharczyk

    Mary KK Realty LLC

    (248) 444-4324

    28 Total Sales

    Mary Kucharczyk
    Section Image
See All Agents

Map

Michigan Oakland County Pontiac 48340

587 E Madison Ave, Pontiac, MI

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