NOT LISTED FOR SALE

93 S Ardmore St Pontiac, MI 48342

Estimated Value: $93,000 - $153,000

2 Beds
2 Baths
1,333 Sq Ft
$89/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $55,000 $41 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $890/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Laundry Facilities
  • Fenced
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of September 2022

Here's your rare chance to own a true duplex, it's close to main roads and expressways. Live in lower and rent out the upper or rent out both and get double the rental income! Built in 1956, this home features original character including plaster archways and hardwood trim. Updates include one newer furnace, separate electric and gas meters, hardwired smoke detectors, some updated electrical. This property is ready to be updated or restored to its original beauty. If you are handy and ready to give some TLC you could turn the building into a great investment property. Please note that the lower level is vacant and needs a kitchen to be move-in ready. Upper unit is rented month to month. There was a water issue in the basement owner has addressed it. The upper tenant's rent has been adjusted due to convenience of no laundry room. Please do not disturb the upstairs tenant. Property sold as-is. The owner has a real estate license. Owner is not the listing agent.

Last Agent to Sell the Property

Rick Ramirez

Exact Match Properties License #6501386279 Listed on: 09/02/2022

Last Buyer's Agent

Michael Lennon

Real Estate One-Oxford License #6501426034

Real Estate One-Oxford

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 43.00 x 111.00
  • Fenced

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Stone Siding
  • Asphalt

Interior Spaces

  • 2 Full Bathrooms
  • 1,333 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 1428480009

Community Details

Overview

  • 2 Units
  • Citizen's Development Co Add Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 709.00
  • Year Built: 1956
  • State Equalized Value: 34600.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: 100 Amp Service, Laundry Facility, High Spd Internet Avail
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1333
  • Total Sq Ft: 1333
  • Sq Ft Total Bsmt: 659

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Asphalt, Stone, Wood
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 4300
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Fee Information

  • Operating Expense: 4500.00

Schools

  • School District: Pontiac

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 43.00 x 111.00
  • Parcel Number: 1428480009
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water
  • Monthly Rental Income: 450

Tax Info

  • Tax Amount Summer: 1103.0000
  • Tax Amount Winter: 747.0000
  • Total Tax: 1850.0000
  • Taxable Value: 20480.0000

Multi Family

  • Gross Scheduled Income: 19200.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Sep 19, 2022
Sold by
Dcc Properties Llc
Bought by
Beach Robert
Seller's Agent
Rick Ramirez
Exact Match Properties
Buyer's Agent
Michael Lennon
Real Estate One-Oxford
List Price
$69,000
Sold Price
$55,000
Premium/Discount to List
-$14,000
-20.29%
Views
17
Current Estimated Value
$125,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,240
Avg. Annual Appreciation
31.15%

Purchase Details

Closed on
Jun 6, 2022
Sold by
Thompson Emerson W
Bought by
Dcc Properties Llc

Purchase Details

Closed on
Aug 1, 1984
Sold by
Leone James M
Bought by
Thompson Emerson W
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
Beach Robert $55,000 Ata National Title
Dcc Properties Llc -- None Listed On Document
Thompson Emerson W $8,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Emerson W $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $55,000 -20.3% $41 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $69,000 -- $52 / 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 $2,377 $46,550 $0 $0
2023 $2,265 $41,210 $0 $0
2022 $1,240 $36,110 $0 $0
2021 $1,850 $34,600 $0 $0
2020 $1,109 $31,040 $0 $0
2019 $1,207 $27,320 $0 $0
2018 $1,145 $25,350 $0 $0
2017 $1,104 $24,440 $0 $0
2016 $1,159 $23,630 $0 $0
2015 -- $21,670 $0 $0
2014 -- $18,650 $0 $0
2011 -- $25,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221037705

Realcomp

APN: 14-28-480-009