NOT LISTED FOR SALE

59 Waldo St Pontiac, MI 48341

Estimated Value: $136,000 - $217,000

6 Beds
2 Baths
2,704 Sq Ft
$71/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $85,000 $31 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $1,335/month

245 Days on Market

Highlights

  • Tudor Architecture
  • Patio
  • Forced Air Heating System
  • Porch

About This Home

As of June 2022

This beautiful apartment is in a Upper duplex. It has a full basement divided for each tenant. Common foyer plus separate front and side entrances for each apartment.The kitchen is spacious and all appliances are included (fridge and stove). The bedrooms are very good size with Oak trim throughout the unit and beautiful hardwood flooring. The bathroom is roomy and has nice tile work. Located near convenient shopping and schools this is a must see!
Historic 1928 duplex with hardwood flooring and thick oak molding. Originally built as a duplex, each identical three bedroom flat features a front entrance accessed through foyer and separate side doors - no exterior stairs. Each flat has it’s own access to a dividend basement with newer furnaces and hot water. Separate gas and electric meters for each unit simplifies management of utilities. Borders Village historic district.

Last Agent to Sell the Property

Michelle Merritt

KW Metro License #6501383398 Listed on: 10/11/2021

KW Metro

Last Buyer's Agent

Nicola Brewer

Villa Residential Properties LLC License #6502429136

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1928

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 38 x 166 x 32 x 166

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,704 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Outdoor Features

  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1430451003

Community Details

Overview

  • 2 Units
  • Recreation Park Add Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,847

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Tudor
  • Architecture Level: 2 Story
  • Year Built: 1928
  • State Equalized Value: 45960.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 4056
  • Sq Ft Lower Floor: 1352
  • Total Sq Ft: 2704
  • Sq Ft Total Bsmt: 1352

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 38
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Pontiac

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 38 x 166 x 32 x 166
  • Parcel Number: 1430451003
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer, Water
  • Monthly Rental Income: 1150

Tax Info

  • Tax Amount Summer: 1665.0000
  • Tax Amount Winter: 182.0000
  • Total Tax: 1847.0000
  • Taxable Value: 30330.0000

Multi Family

  • Gross Scheduled Income: 13800.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Jun 27, 2022
Sold by
Okasinski David C
Bought by
Reetz Properties Llc
Seller's Agent
Michelle Merritt
KW Metro
Buyer's Agent
Nicola Brewer
Villa Residential Properties LLC
List Price
$109,000
Sold Price
$85,000
Premium/Discount to List
-$24,000
-22.02%
Current Estimated Value
$192,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,682
Avg. Annual Appreciation
28.24%

Purchase Details

Closed on
Nov 9, 2020
Sold by
Okasinski Leslie K
Bought by
Okasinski David C

Purchase Details

Closed on
Oct 4, 2014
Sold by
Okasinski Leslie
Bought by
Okasinski David

Purchase Details

Closed on
Jun 27, 2005
Sold by
Childs Christopher J and Childs Emily B
Bought by
Okasinski David

Purchase Details

Closed on
Mar 15, 1999
Sold by
Woodward David
Bought by
Childs Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.05%
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
Reetz Properties Llc $85,000 Devon Title Agency
Okasinski David C -- None Available
Okasinski David -- None Available
Okasinski David $115,360 Metropolitan Title Company
Childs Christopher J $83,350 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Childs Christopher J $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2022 06/27/22 Sold $85,000 -22.0% $31 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $109,000 0.0% $40 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
11/11/2021 11/11/21 Price Changed $109,000 -8.4% $40 / Sq Ft
10/26/2021 10/26/21 Price Changed $119,000 -8.5% $44 / Sq Ft
10/11/2021 10/11/21 For Sale $129,999 -- $48 / 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 $3,770 $76,230 $0 $0
2023 $3,698 $65,370 $0 $0
2022 $1,895 $57,060 $0 $0
2021 $1,842 $51,400 $0 $0
2020 $1,665 $45,960 $0 $0
2019 $1,773 $40,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210085668

Realcomp

APN: 14-30-451-003