NOT LISTED FOR SALE

702 E Beverly Ave Pontiac, MI 48340

Estimated Value: $97,839 - $114,000

2 Beds
1 Bath
630 Sq Ft
$168/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $87,000 $138 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $691/month

31 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Covered Patio or Porch
  • Ranch Style House
  • No HOA
  • Shed

About This Home

As of March 2023

**TURN-KEY AIRBNB** Short-term rental investors, this is your opportunity to add a turn-key AirBNB property with a long track record (2018-2022) of operating to your portfolio! The home is being sold fully furnished and outfitted. The property is located on a corner lot and features 2 bedrooms, a cozy kitchen built for efficiency, a living room, laundry room, and full bath, as well as a spacious yard! This property generated almost 14K net income in 2022, giving it a stellar 14.5% cap rate after all expenses. This property is located just minutes away from downtown Pontiac and all of the restaurants, nightlife, and industry that Pontiac has to offer! Ask your Realtor for the P & L statements for 2018-2022

Last Agent to Sell the Property

Ryan Kain

RE/MAX Leading Edge License #6501401697 Listed on: 02/10/2023

RE/MAX Leading Edge

Last Buyer's Agent

Sarah Jones

Max Broock Realtors Oxford License #6501344425

Max Broock Realtors Oxford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1926 | Remodeled in 2016

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00 x 133.00
  • Back Yard Fenced
  • Corner Lot

Home Design

  • Ranch Style House
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 630 Sq Ft Home
  • Crawl Space
  • Free-Standing Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 1416456020

Home Details

Home Type

Single Family

Est. Annual Taxes

$554

Year Built

Built in 1926 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 64.00
  • Year Built: 1926
  • State Equalized Value: 19170.0000
  • Year Renovated: 2016
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Free-Standing Gas Range, Free-Standing Refrigerator
  • Sq Ft Combined: 630
  • Total Sq Ft: 630

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Aluminum, Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Porch Type: Porch - Covered, Deck, Porch
  • Road Frontage Type: Paved
  • Fencing: Back Yard

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Pontiac

Lot Info

  • List Price per Acre: 790833.3300
  • Lot Features: Corner Lot
  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00 x 133.00
  • Parcel Number: 1416456020

Tax Info

  • Tax Amount Summer: 474.0000
  • Tax Amount Winter: 80.0000
  • Total Tax: 554.0000
  • Taxable Value: 8820.0000

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Mar 20, 2023
Sold by
Nucapital Investments Llc
Bought by
Vanhuyse Tina
Seller's Agent
Ryan Kain
RE/MAX Leading Edge
Buyer's Agent
Sarah Jones
Max Broock Realtors Oxford
List Price
$94,900
Sold Price
$87,000
Premium/Discount to List
-$7,900
-8.32%
Views
45
Current Estimated Value
$105,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,710
Avg. Annual Appreciation
6.26%

Purchase Details

Closed on
Jul 5, 2012
Sold by
Nucapital Michigan Llc
Bought by
Nucapital Invesments Llc

Purchase Details

Closed on
Feb 14, 2012
Sold by
Oakland County Treasurer
Bought by
Condor Group Real Estate Holdings Inc

Purchase Details

Closed on
Jan 2, 2012
Sold by
Condor Group Real Estate Holdings Inc
Bought by
Nucapital Michigan Llc

Purchase Details

Closed on
May 11, 2009
Sold by
Trump Properties Inc
Bought by
Condor Group Real Estate Holdings Inc

Purchase Details

Closed on
Nov 6, 2008
Sold by
Secretary Of Housing & Urban Development
Bought by
The Home Connection

Purchase Details

Closed on
Jan 17, 2008
Sold by
Wells Fargo Bank Na
Bought by
Hud

Purchase Details

Closed on
Jul 10, 2007
Sold by
Schroeder Richard B
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 13, 2005
Sold by
Taylor James D and Taylor Jamie L
Bought by
Schroeder Richard B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,881
Interest Rate
6.48%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2005
Sold by
Taylor James D
Bought by
Taylor James D and Taylor Jamie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
5.64%
Mortgage Type
New Conventional
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
Vanhuyse Tina $87,000 None Listed On Document
Nucapital Invesments Llc -- None Available
Condor Group Real Estate Holdings Inc $2,443 None Available
Nucapital Michigan Llc -- None Available
Condor Group Real Estate Holdings Inc $28,000 Sky Title Agency
The Home Connection $12,000 None Available
Hud -- None Available
Wells Fargo Bank Na $71,873 None Available
Schroeder Richard B $65,900 Metropolitan Title Company
Taylor James D -- --
Taylor James D $45,000 Philip R Seaver Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor James D $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $87,000 -8.3% $138 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $94,900 -- $151 / 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 $1,595 $25,390 $0 $0
2023 $509 $22,250 $0 $0
2022 $555 $19,170 $0 $0
2021 $539 $16,100 $0 $0
2020 $463 $14,540 $0 $0
2019 $511 $12,710 $0 $0
2018 $482 $11,790 $0 $0
2017 $466 $11,130 $0 $0
2016 $493 $9,880 $0 $0
2015 -- $8,640 $0 $0
2014 -- $7,720 $0 $0
2011 -- $12,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan Kain

    Seller's Agent in 2023

    Ryan Kain

    RE/MAX

    (734) 626-7815

    4 in this area

    383 Total Sales

    Ryan Kain
    Section Image
  • Sarah Jones

    Buyer's Agent in 2023

    Sarah Jones

    Max Broock Realtors Oxford

    (248) 628-2800

    7 in this area

    161 Total Sales

    Sarah Jones
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230008911

Realcomp

APN: 14-16-456-020

Michigan Oakland County Pontiac 48340

702 E Beverly Ave, Pontiac, MI

This home is located at 702 E Beverly Ave, Pontiac, MI 48340 since 10 February 2023 and is currently estimated at $105,710, approximately $167 per square foot. This property was built in 1926. 702 E Beverly Ave is a home located in Oakland County with nearby schools including Owen Elementary School, Pontiac Middle School, and Pontiac High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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