NOT LISTED FOR SALE

66 Waldo St Pontiac, MI 48341

Estimated Value: $101,000 - $161,000

4 Beds
2 Baths
2,146 Sq Ft
$66/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $70,000 $33 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $953/month

29 Days on Market

About This Home

As of November 2020

** Multiple offers, Highest and Best due by Monday October 19 at 5pm** Very motivated seller, bring all offers! Tenant occupied Multifamily Unit with tenants paying $700 in each unit. Both tenants are month to month, you can either keep them there or live in one unit and occupy the other unit. Roof was changed 4 years ago, furnace is 10 years old and hot water tank is 1-2 years old. Please allow at least 48 hour notice for all showings. Contact Jermaine Golden for more information on the property.

Last Agent to Sell the Property

Jermaine Golden

RE/MAX City Centre License #6501416411 Listed on: 09/21/2020

RE/MAX City Centre

Last Buyer's Agent

Jermaine Golden

RE/MAX City Centre License #6501416411 Listed on: 09/21/2020

RE/MAX City Centre

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1931

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50.00x100.00

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,146 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Recreation Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1430452001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,404

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1931
  • State Equalized Value: 35180.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2146
  • Total Sq Ft: 2146
  • Sq Ft Total Bsmt: 1091

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Pontiac

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 50.00X100.00
  • Parcel Number: 1430452001
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1500

Tax Info

  • Tax Amount Summer: 1280.0000
  • Tax Amount Winter: 124.0000
  • Total Tax: 1404.0000
  • Taxable Value: 23310.0000

Multi Family

  • Gross Scheduled Income: 18000.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two 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
Sep 21, 2020
Closed on
Nov 16, 2020
Sold by
Page Bey David M
Bought by
James Brothers Real Estate Llc
Seller's Agent
Jermaine Golden
RE/MAX City Centre
Buyer's Agent
Jermaine Golden
RE/MAX City Centre
List Price
$85,000
Sold Price
$70,000
Premium/Discount to List
-$15,000
-17.65%
Current Estimated Value
$141,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,149
Avg. Annual Appreciation
15.39%

Purchase Details

Closed on
Mar 17, 2009
Sold by
Citimortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 9, 2002
Sold by
Krause R
Bought by
Bellini Angelo L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 1998
Sold by
King Brian
Bought by
Overfield Nancy A

Purchase Details

Closed on
Nov 3, 1995
Sold by
Wilkins Orben D
Bought by
Orben D Wilkins Tr
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
James Brothers Real Estate Llc $70,000 Speedy T&E Services Llc
James Brothers Real Estate Llc $70,000 Speedy Title & Escrow Services
Federal National Mortgage Association -- None Available
Citimortgage Inc $106,377 None Available
Bellini Angelo L $115,000 --
Overfield Nancy A $72,000 --
Orben D Wilkins Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bellini Angelo L $109,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2020 11/16/20 Sold $70,000 -17.6% $33 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/15/2020 10/15/20 Price Changed $84,900 -0.1% $40 / Sq Ft
09/21/2020 09/21/20 For Sale $85,000 -- $40 / 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 $2,457 $58,350 $0 $0
2023 $2,342 $50,420 $0 $0
2022 $2,449 $44,130 $0 $0
2021 $2,317 $39,300 $0 $0
2018 $1,316 $26,770 $0 $0
2017 $1,266 $25,730 $0 $0
2016 $1,319 $26,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200077578

Realcomp

APN: 14-30-452-001