NOT LISTED FOR SALE

741 Melrose St Pontiac, MI 48340

Estimated Value: $139,000 - $161,000

4 Beds
1 Bath
1,439 Sq Ft
$107/Sq Ft Est. Value

Last Sold February 21, 2014

Last sale price $20,000 $14 Per Sq Ft

Est. 670% increase in value since last sale

Current estimated payment $904/month

11 Days on Market

About This Home

As of February 2014

HUD Home. This nice four bedroom home has great potential for a first time home buyer. The large living room and spacious bedrooms have great windows to keep all of the rooms well lit with natural sunlight. It is a great find and is conveniently located to commute to shopping, expressways, restaurants, etc. This home also comes with a two car detached garage and a cozy backyard. Bids due by 1-25-14.

Last Agent to Sell the Property

Evduza Ramaj

Inside Realty, LLC License #MISPE-6502341213 Listed on: 01/16/2014

Last Buyer's Agent

Gladiz Solarte

Century 21 Sakmar & Associates License #MISPE-6501341565

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $731

Year Built

  • Built in 1962

Lot Details

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

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,439 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 1422154018

Home Details

Home Type

Single Family

Est. Annual Taxes

$731

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Structure Style: 1 Story
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bedroom 1: On Entry Level, Dimensions: 12 x 13
  • Bedroom 2: On Entry Level, Dimensions: 9 x 11
  • Bedroom 3: On Entry Level, Dimensions: 13 x 16
  • Bedroom 4: On Entry Level, Dimensions: 9 x 11
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Kitchen: On Entry Level, Dimensions: 10 x 13
  • Living Room: On Entry Level, Dimensions: 12 x 15
  • Above Grade Finished Sq Ft: 1439
  • Total Finished Sq Ft: 1439

Exterior Features

  • Foundation: Slab

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 1422154018
  • Lot Dimensions: 50x122
  • Acreage: 0.14
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2012, Amount: $510.00
  • Winter Tax: Year: 2012, Amount: $169.00

MLS Schools

  • School District: Pontiac City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2014
Closed on
Feb 19, 2014
Sold by
Secretary Of Housing & Urban Development
Bought by
Gonzalez Oscar Lopez
Seller's Agent
Evduza Ramaj
Inside Realty, LLC
Buyer's Agent
Gladiz Solarte
Century 21 Sakmar & Associates
List Price
$15,700
Sold Price
$20,000
Premium/Discount to List
$4,300
27.39%
Current Estimated Value
$153,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,997
Avg. Annual Appreciation
19.46%

Purchase Details

Closed on
Oct 8, 2013
Sold by
First Citizens Bank & Trust Company
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jan 8, 2013
Sold by
Ayala Yolanda and Mortgage Electronic Registrati
Bought by
First Citizens Bank & Trust Company

Purchase Details

Closed on
Dec 13, 2002
Sold by
Hobgood Hershel E and Hobgood Patricia
Bought by
Ayala Yolanda
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
Gonzalez Oscar Lopez $20,000 Fidelity National Title
The Secretary Of Housing & Urban Develop -- None Available
First Citizens Bank & Trust Company $88,617 None Available
Ayala Yolanda $95,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ayala Yolanda $8,617
Previous Owner Ayala Yolanda $4,510
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2014 02/21/14 Sold $20,000 +27.4% $14 / Sq Ft
01/27/2014 01/27/14 Pending -- -- --
01/16/2014 01/16/14 For Sale $15,700 -- $11 / Sq Ft
Source: Michigan Multiple Listing Service

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 $731 $50,470 $0 $0
2023 $697 $46,810 $0 $0
2022 $726 $39,480 $0 $0
2021 $706 $34,730 $0 $0
2020 $621 $31,030 $0 $0
2019 $680 $26,150 $0 $0
2018 $649 $22,150 $0 $0
2017 $618 $20,900 $0 $0
2016 $645 $17,390 $0 $0
2015 -- $15,700 $0 $0
2014 -- $15,200 $0 $0
2011 -- $27,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Evduza Ramaj

    Inside Realty, LLC

    Section Image

  • G

    Buyer's Agent in 2014

    Gladiz Solarte

    Century 21 Sakmar & Associates

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31179058

Michigan Multiple Listing Service

APN: 14-22-154-018

Michigan Oakland County Pontiac 48340

741 Melrose St, Pontiac, MI

This home is located at 741 Melrose St, Pontiac, MI 48340 since 16 January 2014 and is currently estimated at $153,997, approximately $107 per square foot. This property was built in 1962. 741 Melrose St is a home located in Oakland County with nearby schools including Herrington 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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