NOT LISTED FOR SALE

84 Mark Ave Pontiac, MI 48341

Estimated Value: $180,000 - $296,000

8 Beds
4 Baths
3,976 Sq Ft
$59/Sq Ft Est. Value

Last Sold February 10, 2015

Last sale price $32,500 $8 Per Sq Ft

Est. 622% increase in value since last sale

Current estimated payment $1,543/month

27 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Garage

About This Home

As of February 2015

Brick 4 Unit Pontiac multi-family home priced below market with a four car garage. Each unit has a separate forced air furnace, HWT and electrical. Each unit is 2 Bedrooms. Purchaser must show proof of funds or preapproval for an appointment. Please don't approach tenants they are not aware of the selling. Please call selling agent for appointment. The four unit building next door at 80 Mark is also for sale by the same owner. Income figures are pro-forma. 84 Mark is missing 3 furnaces.

Last Agent to Sell the Property

Harry Nanes

Harry Nanes Broker License #6504281154 Listed on: 12/02/2014

Co-Listed By

Evduza Ramaj

Inside Realty, LLC License #6501312816

Last Buyer's Agent

Priscila Helppie

Temporary Inactive Users License #RCO

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are x5599.99

Parking

  • Garage

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 3,976 Sq Ft Home
  • 2-Story Property
  • Basement
  • Interior Basement Entry

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Back Up Electric Heat Pump System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 4 Units
  • Grand View Sub Pontiac Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1430477006

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access)
  • Sq Ft Combined: 3976
  • Total Sq Ft: 3976
  • Sq Ft Total Bsmt: 1988

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Pontiac

Lot Info

  • List Price per Acre: 292307.6923
  • Lot Size Area: 0.13
  • Lot Dimensions: X5599.99
  • Parcel Number: 1430477006
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1800

Tax Info

  • Tax Amount Summer: 794.0000
  • Tax Amount Winter: 1376.0000
  • Total Tax: 2170.0000

Multi Family

  • Gross Scheduled Income: 21600.00
  • Number Of Units Total: 4
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 1

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2021
Sold by
84 Mark Avenue Llc
Bought by
Egs 2021 Properties Llc
Total Days on Market
27
Current Estimated Value
$234,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,424,000
Outstanding Balance
$1,308,027
Interest Rate
2.7%
Mortgage Type
Unknown
Estimated Equity
-$1,086,360

Purchase Details

Listed on
Dec 2, 2014
Closed on
Feb 9, 2015
Sold by
Coggeshall John
Bought by
84 Mark Avenue Llc
Seller's Agent
Harry Nanes
Harry Nanes Broker
Buyer's Agent
Priscila Helppie
Temporary Inactive Users
List Price
$38,000
Sold Price
$32,500
Premium/Discount to List
-$5,500
-14.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.45%

Purchase Details

Closed on
Feb 8, 2011
Sold by
Scott Perry D
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
May 16, 2006
Sold by
Masters Thomas and Masters Sylvia
Bought by
Scott Perry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
8.15%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 27, 2001
Sold by
Harrelson Mary L
Bought by
Masters Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
6.99%
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
Egs 2021 Properties Llc -- None Available
84 Mark Avenue Llc $32,500 None Available
Wells Fargo Bank N A $8,000 None Available
Scott Perry D $175,000 Metropolitan Title Company
Masters Thomas $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Egs 2021 Properties Llc $1,424,000
Previous Owner Scott Perry D $157,500
Previous Owner Masters Thomas $140,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2015 02/10/15 Sold $32,500 -14.5% $8 / Sq Ft
12/29/2014 12/29/14 Pending -- -- --
12/02/2014 12/02/14 For Sale $38,000 +211.5% $10 / Sq Ft
02/15/2012 02/15/12 Sold $12,200 +1.7% $3 / Sq Ft
01/14/2012 01/14/12 Pending -- -- --
12/07/2011 12/07/11 For Sale $12,000 -- $3 / 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 $2,716 $90,980 $0 $0
2023 $2,596 $77,020 $0 $0
2022 $2,596 $62,570 $0 $0
2021 $2,596 $52,670 $0 $0
2020 $2,608 $46,860 $0 $0
2019 $2,474 $43,000 $0 $0
2011 -- $68,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214123589

Realcomp

APN: 14-30-477-006