NOT LISTED FOR SALE

8 Pontiac St Oxford, MI 48371

Downtown Oxford Neighborhood

Estimated Value: $308,000 - $738,112

12 Beds
4 Baths
4,680 Sq Ft
$130/Sq Ft Est. Value

Last Sold June 11, 2024

Last sale price $733,000 $157 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $4,088/month

29 Days on Market

Highlights

  • Carriage House
  • Covered Patio or Porch
  • Heating system powered by renewable energy
  • Oxford Middle School Rated A-
  • Entrance Foyer
  • 4 Car Garage

About This Home

As of June 2024

An investors dream with amazing location and positive cash flow. New investors this one is ready for you as upgrades have been done on each unit!Within 2 blocks of downtown Oxford this 4 unit multi family is fully leased providing positive cash flow and turnkey for an investor. Fully RemodeledEach unit 3 bedrooms 1 bath, separately metered, dedicated garage space and dedicated washer & dryer per unit.

Last Agent to Sell the Property

Peggy Feltner

Coldwell Banker Commercial Premier License #6501413792 Listed on: 04/18/2024

Coldwell Banker Commercial Premier

Last Buyer's Agent

Villson Veseli

Community Choice Realty Associates, LLC License #6501364770

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1936 | Remodeled in 2023

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 166 x 74

Parking

  • 4 Car Garage

Home Design

  • Carriage House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 4,680 Sq Ft Home
  • 2-Story Property
  • ENERGY STAR Qualified Windows
  • Entrance Foyer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Heating system powered by renewable energy
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0427201001

Community Details

Overview

  • 4 Units
  • Assr's Plat No 3 Village Of Oxford Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,288

Year Built

Built in 1936 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Carriage House
  • Architecture Level: 2 Story
  • Year Built: 1936
  • State Equalized Value: 197750.0000
  • Year Renovated: 2023
  • Pets Allowed: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Circuit Breakers, Egress Window(s), Laundry Facility, ENERGY STAR® Qualified Window(s), Entrance Foyer
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Sq Ft Combined: 4680
  • Total Sq Ft: 4680
  • Sq Ft Total Bsmt: 1620

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 166
  • Porch Type: Porch - Covered, Porch, Covered
  • Road Frontage Type: Paved
  • Sideof Street: E

Garage/Parking

  • Garage: Yes
  • MF Parking: Garage
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Heating: ENERGY STAR® Qualified Furnace Equipment, Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Fee Information

  • Operating Expense: 22548.00

Schools

  • School District: Oxford

Lot Info

  • Lot Size Area: 0.28
  • Lot Dimensions: 166 X 74
  • Parcel Number: 0427201001
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 6487

Tax Info

  • Tax Amount Summer: 8734.0000
  • Tax Amount Winter: 1554.0000
  • Total Tax: 10288.0000
  • Taxable Value: 171000.0000

Multi Family

  • Gross Scheduled Income: 77844.00
  • Number Of Units Total: 4
  • Number of Three Bedroom Units: 4
  • Number Of Units Leased: 4

MLS Schools

  • School District: Oxford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Jun 11, 2024
Sold by
Nixon Holdings Llc
Bought by
Pti Pontiac Llc
Seller's Agent
Peggy Feltner
Coldwell Banker Commercial Premier
Buyer's Agent
Villson Veseli
Community Choice Realty Associates, LLC
List Price
$790,000
Sold Price
$733,000
Premium/Discount to List
-$57,000
-7.22%
Views
92
Current Estimated Value
$610,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$122,972
Avg. Annual Appreciation
-15.83%

Purchase Details

Listed on
May 19, 2019
Closed on
Jul 15, 2019
Sold by
Pontiac St Llc
Bought by
Nixon Holdings Llc
Seller's Agent
Joan Barney
Oakland County Realty
Buyer's Agent
Gayle Scarth
Berkshire Hathaway HomeServices Kee Realty Oxford
List Price
$519,900
Sold Price
$427,500
Premium/Discount to List
-$92,400
-17.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.61%
Original Mortgage
$320,625
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 15, 2004
Sold by
Cilli Katalin M and Cilli Albert C
Bought by
Pontiac St Llc

Purchase Details

Closed on
Feb 18, 2003
Sold by
Patton Bryan and Patton Wendy
Bought by
Cilli Albert C and Cilli Katalin M

Purchase Details

Closed on
Feb 28, 2000
Sold by
Haner Thomas M
Bought by
Padison Rentals

Purchase Details

Closed on
Apr 9, 1998
Sold by
B J Homes
Bought by
Haner Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.18%

Purchase Details

Closed on
Jun 13, 1997
Sold by
Patton Bryan D
Bought by
B J Homes

Purchase Details

Closed on
Oct 2, 1995
Sold by
Blake Martin F
Bought by
Patton Bryan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
7.61%
Source: Public Records

Range of Values:

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Average Value
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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
Pti Pontiac Llc $733,000 Partners Title
Nixon Holdings Llc $427,500 None Available
Pontiac St Llc -- Philip R Seaver Title Co Inc
Cilli Albert C $310,000 Philip R Seaver Title Co Inc
Padison Rentals -- --
Haner Thomas $250,000 --
B J Homes -- --
Patton Bryan D $177,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nixon Holdings Llc $378,000
Previous Owner Nixon Holdings Llc $342,000
Previous Owner Nixon Holdings Llc $320,625
Previous Owner Cilli Albert C $273,000
Previous Owner Haner Thomas $240,000
Previous Owner Patton Bryan D $142,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $733,000 -7.2% $157 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $790,000 +84.8% $169 / Sq Ft
07/15/2019 07/15/19 Sold $427,500 -17.8% $91 / Sq Ft
06/22/2019 06/22/19 Pending -- -- --
05/19/2019 05/19/19 For Sale $519,900 -- $111 / 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 $9,165 $207,170 $0 $0
2023 $8,734 $197,750 $0 $0
2022 $9,989 $179,190 $0 $0
2021 $9,611 $161,070 $0 $0
2020 $8,036 $155,490 $0 $0
2019 $4,541 $154,240 $0 $0
2018 $5,407 $143,240 $0 $0
2017 $5,246 $142,330 $0 $0
2016 $5,215 $138,740 $0 $0
2015 -- $122,110 $0 $0
2014 -- $104,290 $0 $0
2011 -- $94,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peggy Feltner

    Seller's Agent in 2024

    Peggy Feltner

    Coldwell Banker Commercial Premier

    (248) 538-2000

    1 in this area

    21 Total Sales

    Section Image

  • V

    Buyer's Agent in 2024

    Villson Veseli

    Community Choice Realty Associates, LLC

    Section Image

  • J

    Seller's Agent in 2019

    Joan Barney

    Oakland County Realty

    Section Image
  • Gayle Scarth

    Buyer's Agent in 2019

    Gayle Scarth

    Berkshire Hathaway HomeServices Kee Realty Oxford

    (248) 933-4680

    1 in this area

    23 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 20240025138

Realcomp

APN: 04-27-201-001

Michigan Oakland County Oxford 48371 Downtown Oxford

8 Pontiac St, Oxford, MI

This home is located at 8 Pontiac St, Oxford, MI 48371 since 18 April 2024 and is currently estimated at $610,028, approximately $130 per square foot. This property was built in 1936. 8 Pontiac St is a home located in Oakland County with nearby schools including Oxford Elementary School, Daniel Axford Elementary School, and Oxford Middle 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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