NOT LISTED FOR SALE

697 E Madison Ave Pontiac, MI 48340

Estimated Value: $83,000 - $135,000

2 Beds
1 Bath
793 Sq Ft
$144/Sq Ft Est. Value

Last Sold October 26, 2016

Last sale price $40,000 $50 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $682/month

49 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Porch
  • Fenced

About This Home

As of October 2016

Motivated Seller - Will look at all reasonable offers! Welcome Home! This ranch style home features two nice size bedrooms, a cozy kitchen with appliances that opens into the dining room, great living room area with hardwood flooring, a recently updated bathroom and a full basement for extra storage. Great, fenced in back yard and a two car garage! Call Today!

Last Agent to Sell the Property

Yasmeen Denha

ICON Realty Experts, LLC License #6501316694 Listed on: 08/29/2016

Last Buyer's Agent

Karen Helland

Signature Sotheby's International Realty Bham License #RCO-6501221639

Signature Sotheby's International Realty Bham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x123.5
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • 793 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Dishwasher
  • Porch
  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Le Baron Farm Sub No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1416458037

Home Details

Home Type

Single Family

Est. Annual Taxes

$722

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 58
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Dryer, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 793

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 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)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 418181.8182
  • Lot Size Area: 0.11
  • Lot Dimensions: 40X123.5
  • Parcel Number: 1416458037

Tax Info

  • Tax Amount Summer: 642.0000
  • Tax Amount Winter: 80.0000
  • Total Tax: 722.0000

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2016
Closed on
Oct 26, 2016
Sold by
Matute Mayron
Bought by
Barresi Frank
Seller's Agent
Yasmeen Denha
ICON Realty Experts, LLC
Buyer's Agent
Karen Helland
Signature Sotheby's International Realty Bham
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%
Current Estimated Value
$114,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,352
Avg. Annual Appreciation
12.07%

Purchase Details

Listed on
Aug 29, 2012
Closed on
Sep 28, 2012
Sold by
Hohf Janet M and Lakes Of Community Credit Unio
Bought by
Matute Mayron
Seller's Agent
Kristine Lambrecht
Real Estate One
Buyer's Agent
Yasmeen Denha
Inside Realty, LLC
List Price
$14,900
Sold Price
$8,400
Premium/Discount to List
-$6,500
-43.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.60%

Purchase Details

Closed on
Jun 27, 2012
Sold by
Ormsby Phillip Anthony and Estate Of Gary J Ormsby
Bought by
Lakes Community Credit Union

Purchase Details

Closed on
Dec 9, 2011
Sold by
Oakland County Treasurer
Bought by
Lakes Community Credit Union

Purchase Details

Closed on
May 9, 2005
Sold by
Goldsmith Donna and Estate Of Frances I Roszell
Bought by
Ormsby Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
6.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barresi Frank $40,000 None Available
Matute Mayron $8,400 Capital Title Ins Agency
Lakes Community Credit Union $57,900 None Available
Lakes Community Credit Union $2,408 None Available
Ormsby Gary $80,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ormsby Gary $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2016 10/26/16 Sold $40,000 -13.0% $50 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
10/12/2016 10/12/16 Price Changed $46,000 -7.8% $58 / Sq Ft
08/29/2016 08/29/16 For Sale $49,900 +494.0% $63 / Sq Ft
09/28/2012 09/28/12 Sold $8,400 -43.6% $11 / Sq Ft View Prior Sale
09/13/2012 09/13/12 Pending -- -- --
08/29/2012 08/29/12 For Sale $14,900 -- $19 / 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 $1,012 $44,830 $0 $0
2024 $893 $41,310 $0 $0
2023 $852 $37,000 $0 $0
2022 $891 $32,600 $0 $0
2021 $865 $28,690 $0 $0
2020 $774 $26,370 $0 $0
2019 $838 $23,010 $0 $0
2018 $804 $20,510 $0 $0
2017 $764 $19,790 $0 $0
2016 $759 $17,490 $0 $0
2015 -- $15,110 $0 $0
2014 -- $13,110 $0 $0
2011 -- $20,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216086504

Realcomp

APN: 14-16-458-037