NOT LISTED FOR SALE

725 Melrose St Pontiac, MI 48340

Estimated Value: $78,000 - $91,000

2 Beds
1 Bath
739 Sq Ft
$119/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $10,000 $14 Per Sq Ft

Est. 776% increase in value since last sale

Current estimated payment $511/month

45 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System

About This Home

As of August 2013

CUTE STARTER HOME IN PONTIAC. NEEDS UPDATING CLOSE TO SHOPPING AND SCHOOLS. WITHIN 2-3 MILES OF OCC AND OAKLAND UNIVERSITY. AGENT IS OWNER.

Last Agent to Sell the Property

Dawna May

Real Living John Burt Realty License #6501246470 Listed on: 06/24/2013

Last Buyer's Agent

Dawna May

Real Living John Burt Realty License #RCO

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x122

Home Design

  • 739 Sq Ft Home
  • Ranch Style House
  • Slab Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • No Home Owners Association
  • Perry Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1422154021

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: YES
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 739
  • Total Sq Ft: 739

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Aluminum
  • Frontage Feet: 50
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • 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

Schools

  • School District: Pontiac

Lot Info

  • List Price per Acre: 107143.0000
  • Lot Size Area: 0.14
  • Lot Dimensions: 50X122
  • Parcel Number: 1422154021

Tax Info

  • Tax Amount Summer: 600.0000
  • Tax Amount Winter: 156.0000
  • Total Tax: 756.0000

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2013
Closed on
Aug 30, 2013
Sold by
May George F and May Dawna L
Bought by
Liu Shengnan
Seller's Agent
Dawna May
Real Living John Burt Realty
Buyer's Agent
Dawna May
Real Living John Burt Realty
List Price
$15,000
Sold Price
$10,000
Premium/Discount to List
-$5,000
-33.33%
Current Estimated Value
$87,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,592
Avg. Annual Appreciation
19.56%

Purchase Details

Closed on
Jul 9, 2008
Sold by
Trott & Trott Pc
Bought by
May George F and May Dawna L

Purchase Details

Closed on
Feb 14, 2008
Sold by
Flagstar Bank Fsb
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 23, 2007
Sold by
Shields Stephen and Shields Sebrina
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Sep 27, 2001
Sold by
Shields Stephen
Bought by
Datashield Property Mgmt

Purchase Details

Closed on
Jun 18, 2001
Sold by
Maxwell Susan L
Bought by
Maxwell Harry M

Purchase Details

Closed on
Apr 29, 1998
Sold by
Suiter John
Bought by
Maxwell Harry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
7.32%

Purchase Details

Closed on
Oct 18, 1995
Sold by
Suiter Stephen James
Bought by
Garcia Brenda
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
Liu Shengnan $10,000 First American Title Ins Co
May George F $7,000 Warranty Title Agency Llc
Federal National Mortgage Association -- None Available
Flagstar Bank Fsb $53,265 None Available
Datashield Property Mgmt -- --
Maxwell Harry M -- --
Maxwell Harry M $37,000 --
Garcia Brenda $25,850 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maxwell Harry M $33,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2013 08/30/13 Sold $10,000 -33.3% $14 / Sq Ft
08/08/2013 08/08/13 Pending -- -- --
06/24/2013 06/24/13 For Sale $15,000 -- $20 / 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 $576 $25,390 $0 $0
2023 $549 $23,220 $0 $0
2022 $593 $20,110 $0 $0
2021 $576 $17,510 $0 $0
2020 $500 $15,540 $0 $0
2019 $548 $13,260 $0 $0
2018 $519 $11,560 $0 $0
2017 $501 $10,970 $0 $0
2016 $529 $9,390 $0 $0
2015 -- $8,590 $0 $0
2014 -- $8,350 $0 $0
2011 -- $15,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 213061771

Realcomp

APN: 14-22-154-021