NOT LISTED FOR SALE

771 Melrose St Pontiac, MI 48340

Estimated Value: $86,000 - $122,000

3 Beds
1 Bath
856 Sq Ft
$125/Sq Ft Est. Value

Last Sold September 16, 2014

Last sale price $21,250 $25 Per Sq Ft

Est. 443% increase in value since last sale

Current estimated payment $683/month

90 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Forced Air Heating System

About This Home

As of September 2014

Great Opportunity on this 3 bedroom, 1 bath home in Pontiac. Ranch home, easy access location to I-75. Nice size lot, cozy neighborhood, home offers great potential with roomy living space and nicely sized bedrooms. Property being sold As Is.

Last Agent to Sell the Property

Raymond Megie

Realty Executives Main St-Lap License #MISPE-6502321606 Listed on: 06/04/2014

Last Buyer's Agent

Raymond Megie

Realty Executives Main St-Lap License #MISPE-6502321606 Listed on: 06/04/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x50x123x123

Home Design

  • Ranch Style House
  • Slab Foundation

Interior Spaces

  • 856 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • Perry Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1422110027

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 615
  • Year Built: 1957
  • Mail City: Pontiac
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 11 x 11
  • Bedroom 2: On Entry Level, Dimensions: 10 x 11
  • Bedroom 3: On Entry Level, Dimensions: 10 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Types: First Floor Bedroom, Living Room
  • Dining Room: On Entry Level, Dimensions: 11 x 9
  • Kitchen: On Entry Level, Dimensions: 8 x 8
  • Living Room: On Entry Level, Dimensions: 14 x 12
  • Above Grade Finished Sq Ft: 856
  • Total Finished Sq Ft: 856

Exterior Features

  • Exterior: Aluminum
  • Foundation: Slab
  • Frontage: 50
  • Road: Paved Street

Utilities

  • Heating: Forced Air
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: 1422110027
  • Lot Dimensions: 50x50x123x123
  • Section: 22
  • Acreage: 0.14
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $489.00
  • Winter Tax: Amount: $126.00
  • Total Tax: Amount: $615.00

MLS Schools

  • School District: Pontiac City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2014
Closed on
Sep 12, 2014
Sold by
Fannie Mae
Bought by
Ortiz Roberto and Ortiz Martha E
Seller's Agent
Raymond Megie
Realty Executives Main St-Lap
Buyer's Agent
Raymond Megie
Realty Executives Main St-Lap
List Price
$24,000
Sold Price
$21,250
Premium/Discount to List
-$2,750
-11.46%
Current Estimated Value
$115,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,056
Avg. Annual Appreciation
15.98%

Purchase Details

Closed on
Apr 11, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Mar 25, 2014
Sold by
Richey Valenti Danita F
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Feb 13, 2006
Sold by
Fannie Mae
Bought by
Valenti Danita

Purchase Details

Closed on
Dec 10, 2004
Sold by
Chase Manhattan Mortgage Corp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 7, 2004
Sold by
Mclaughlin Daniel and Chase Mortgage Co
Bought by
Chase Manhattan Mortgage Corp

Purchase Details

Closed on
Dec 3, 1999
Sold by
Miller Margaret L
Bought by
Mclaughlin Daniel J

Purchase Details

Closed on
Aug 13, 1997
Sold by
Williams Steven L
Bought by
Miller Margaret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,400
Interest Rate
7.57%
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
Ortiz Roberto $21,250 None Available
Fannie Mae -- None Available
Nationstar Mortgage Llc $57,637 None Available
Valenti Danita $44,000 None Available
Federal National Mortgage Association -- --
Chase Manhattan Mortgage Corp $68,717 --
Mclaughlin Daniel J $44,900 --
Miller Margaret L $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richey Valenti Danita F $56,250
Previous Owner Miller Margaret L $26,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2014 09/16/14 Sold $21,250 -11.5% $25 / Sq Ft
09/02/2014 09/02/14 Pending -- -- --
06/04/2014 06/04/14 For Sale $24,000 -- $28 / 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 $659 $29,180 $0 $0
2023 $628 $26,790 $0 $0
2022 $669 $23,190 $0 $0
2021 $651 $20,270 $0 $0
2020 $572 $18,050 $0 $0
2019 $621 $15,390 $0 $0
2018 $590 $13,070 $0 $0
2017 $569 $12,410 $0 $0
2016 $596 $10,590 $0 $0
2015 -- $9,690 $0 $0
2014 -- $9,410 $0 $0
2011 -- $16,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31196646

Michigan Multiple Listing Service

APN: 14-22-110-027