NOT LISTED FOR SALE

7642 Pontiac Lake Rd Waterford, MI 48327

Waterford Township Neighborhood

Estimated Value: $315,950 - $377,000

2 Beds
1 Bath
1,932 Sq Ft
$174/Sq Ft Est. Value

Last Sold July 24, 2015

Last sale price $150,000 $78 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,914/month

36 Days on Market

Highlights

  • Home fronts a pond
  • Wooded Lot
  • No HOA
  • 2.44 Acre Lot
  • Pole Barn
  • Covered Patio or Porch

About This Home

As of July 2015

Great piece of property with 2.44 acres and fully stocked pond with fish and a 24x32 steel pole barn and circular drive. Great for landscapers, car buffs.This property has so much potential and it includes an extra lot that has its own sidwell #. Seller has added on a beautiful addition with family room and master bath. With a few updates this could be a dynamite home, with plenty of room to add on. Seller will look at all reasonable offers. Subject to probate approval of PA. Circle drive. BATVAI

Last Agent to Sell the Property

Fran Hughes

Real Estate One License #6501238593 Listed on: 03/24/2015

Real Estate One

Last Buyer's Agent

Mark Gelstein

Orchard Lake Assoc License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1946

Lot Details

  • 2.44 Acre Lot
  • Home fronts a pond
  • Fenced
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,932 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dining Room with Fireplace
  • Basement
  • Sump Pump

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Pole Barn

Utilities

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

Community Details

  • No Home Owners Association
  • Suprvr's Plat No 27 Waterford Twp Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1319127017

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,674

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 Story
  • Year Built: 1946
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Dining Room
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Total Sq Ft: 1932

Exterior Features

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

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), 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

  • Homestead: Yes
  • List Price per Acre: 65532.7869
  • Lot Features: Wooded
  • Lot Size Area: 2.44
  • Lot Dimensions: irrg
  • Parcel Number: 1319127017

Tax Info

  • Tax Amount Summer: 1075.0000
  • Tax Amount Winter: 599.0000
  • Total Tax: 1674.0000

MLS Schools

  • School District: Waterford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2015
Closed on
Jul 24, 2015
Sold by
Owen Roger L and Estate Of Don R Owen
Bought by
Gelstein Mark D and Gelstein Rhonda L
Seller's Agent
Fran Hughes
Real Estate One
Buyer's Agent
Mark Gelstein
Orchard Lake Assoc
List Price
$167,900
Sold Price
$150,000
Premium/Discount to List
-$17,900
-10.66%
Current Estimated Value
$336,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,238
Avg. Annual Appreciation
8.09%
Original Mortgage
$120,000
Outstanding Balance
$90,667
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$245,571
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
Gelstein Mark D $150,000 Seaver Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gelstein Mark D $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2015 07/24/15 Sold $150,000 -10.7% $78 / Sq Ft
04/29/2015 04/29/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $167,900 -- $87 / 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 $1,738 $163,600 $0 $0
2023 $1,658 $143,750 $0 $0
2022 $2,668 $115,270 $0 $0
2021 $2,476 $115,380 $0 $0
2020 $1,489 $106,740 $0 $0
2019 $2,419 $103,210 $0 $0
2018 $2,400 $76,460 $0 $0
2017 $2,207 $76,460 $0 $0
2016 $2,203 $64,400 $0 $0
2015 -- $58,900 $0 $0
2014 -- $48,570 $0 $0
2011 -- $46,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2015

    Fran Hughes

    Real Estate One

    (248) 361-8646

    9 in this area

    23 Total Sales

    Fran Hughes
    Section Image

  • M

    Buyer's Agent in 2015

    Mark Gelstein

    Orchard Lake Assoc

See All Agents

Map

Source: Realcomp

MLS Number: 215026237

Realcomp

APN: 13-19-127-017

Michigan Oakland County Waterford 48327 Waterford Township

7642 Pontiac Lake Rd, Waterford, MI

Not Listed for Sale

Detached

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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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