$159,000
SOLD DEC 12, 2024

669 Homestead Dr Pontiac, MI 48342

4 Beds
2 Baths
1,821 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$87 Per Sq Ft

91 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Private Entrance
  • Deck
  • Forced Air Heating System

About This Home

As of December 2024

This is it! This turnkey duplex is situated on a corner lot with fenced back yard. The tenants pay their own gas and electric which are both on separate meters! This building has newer roof and high efficiency furnaces.If you are looking for a good investment property, this is it!!

Last Agent to Sell the Property

Don Huddleston

D A D Agency License #6504135841 Listed on: 08/10/2024

Last Buyer's Agent

Brett Mischloney MBA, CPCU, AIC

National Realty Centers, Inc License #6501453806

National Realty Centers, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1929

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 92.00 x 73.00
  • Private Entrance
  • Back Yard Fenced

Home Design

  • Duplex
  • Colonial Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,821 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Homestead Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1427353015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,224

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Duplex
  • Architecture Level: 2 Story
  • Assessment: 126.00
  • Year Built: 1929
  • State Equalized Value: 42140.0000
  • 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, Walk-Out Access
  • Sq Ft Combined: 1821
  • Total Sq Ft: 1821
  • Sq Ft Total Bsmt: 977

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Private Entry, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 92
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved
  • Fencing: Back Yard

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: 0.16
  • Lot Dimensions: 92.00 x 73.00
  • Parcel Number: 1427353015
  • Zoning: Residential

Rental Info

  • Rent Includes: Water/Sewer, Snow Removal, Trash Collection, Water, Yard Maintenance
  • Monthly Rental Income: 2000

Tax Info

  • Tax Amount Summer: 2031.0000
  • Tax Amount Winter: 193.0000
  • Total Tax: 2224.0000
  • Taxable Value: 36960.0000

Multi Family

  • Gross Scheduled Income: 24000.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2024
Closed on
Dec 11, 2024
Sold by
Li Zhaojian
Bought by
Djbc Management Llc
Seller's Agent
Don Huddleston
D A D Agency
Buyer's Agent
Brett Mischloney MBA, CPCU, AIC
National Realty Centers, Inc
List Price
$159,000
Sold Price
$159,000
Views
58
Current Estimated Value
$163,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,669
Avg. Annual Appreciation
4.35%
Original Mortgage
$119,250
Outstanding Balance
$118,838
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$44,831

Purchase Details

Listed on
Jan 15, 2020
Closed on
Mar 2, 2020
Sold by
Harris Gregory L
Bought by
Li Zhaojian
Seller's Agent
John Delia
Keller Williams Paint Creek
Buyer's Agent
Joseph Delia
Keller Williams Paint Creek
List Price
$90,000
Sold Price
$80,000
Premium/Discount to List
-$10,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.45%
Original Mortgage
$60,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2012
Sold by
Oakland County Treasurer
Bought by
Harris Gregory L

Purchase Details

Closed on
Apr 11, 2006
Sold by
Mclaurine Millard F
Bought by
Monument Street Funding Llc

Purchase Details

Closed on
May 15, 2000
Sold by
White Martin
Bought by
669 671 Homestead Land Tr

Purchase Details

Closed on
Nov 7, 1997
Sold by
Beneficial Michigan Inc
Bought by
White Martin T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,500
Interest Rate
7.43%

Purchase Details

Closed on
Jan 7, 1997
Sold by
Baker Duane A
Bought by
Beneficial Michigan Inc

Purchase Details

Closed on
Sep 11, 1995
Sold by
Deaton Carl
Bought by
Baker Duane A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $159,000 None Listed On Document
Warranty Deed $159,000 None Listed On Document
Warranty Deed $80,000 None Available
Warranty Deed $2,737 None Available
Sheriffs Deed $59,464 None Available
Deed -- --
Deed $20,000 --
Deed $38,978 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $119,250 New Conventional
Closed $119,250 New Conventional
Previous Owner $60,000 New Conventional
Previous Owner $19,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2024 12/12/24 Sold $159,000 0.0% $87 / Sq Ft
11/09/2024 11/09/24 Pending -- -- --
10/25/2024 10/25/24 Price Changed $159,000 0.0% $87 / Sq Ft
10/25/2024 10/25/24 For Sale $159,000 0.0% $87 / Sq Ft
09/12/2024 09/12/24 Off Market $159,000 -- --
09/12/2024 09/12/24 Pending -- -- --
08/10/2024 08/10/24 For Sale $169,000 +111.3% $93 / Sq Ft
03/02/2020 03/02/20 Sold $80,000 -11.1% $44 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
01/15/2020 01/15/20 For Sale $90,000 -- $49 / 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 $2,131 $48,500 $0 $0
2023 $2,031 $42,140 $0 $0
2022 $2,086 $36,270 $0 $0
2021 $2,024 $34,080 $0 $0
2020 $972 $30,020 $0 $0
2019 $1,068 $25,990 $0 $0
2018 $1,009 $22,410 $0 $0
2017 $975 $21,260 $0 $0
2016 $1,030 $20,270 $0 $0
2015 -- $18,700 $0 $0
2014 -- $16,210 $0 $0
2011 -- $22,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240058793

Realcomp

APN: 14-27-353-015