NOT LISTED FOR SALE

95 Putnam Ave Pontiac, MI 48342

Estimated Value: $112,342 - $148,000

4 Beds
2 Baths
1,742 Sq Ft
$73/Sq Ft Est. Value

Sale Details

Date Sold: April 14, 2022

Last sale price $100,000 $57 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $863 / mo

5 Days on Market

Highlights

  • Colonial Architecture
  • Covered Patio or Porch
  • Forced Air Heating System

About This Home

As of April 2022

Great opportunity to own a great investment property in Pontiac. Upper/lower apartments, both two bedrooms. Owner currently pays utilities but there are separate electrical meters. Lower unit is currently vacant and ready for your tenant or move in yourself. Upstairs has a lease in place until August.
Highest and best offer due by 3/14/2022 at noon.

Last Buyer's Agent

Michelle Gharib

Silverstone Real Estate, LLC License #6501380873

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 36.00x115.00

Parking

  • Unassigned Parking

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,742 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Drexel Heights Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1420332011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$949

Year Built

Built in 1920

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1920
  • State Equalized Value: 24030.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1742

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl, Wood
  • Foundation Materials: Block
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Unassigned/General

Utilities

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

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 36.00X115.00
  • Parcel Number: 1420332011
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Rent Includes: Heat, Electric
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1800

Tax Info

  • Tax Amount Summer: 841.0000
  • Tax Amount Winter: 108.0000
  • Total Tax: 949.0000
  • Taxable Value: 15310.0000

Multi Family

  • Gross Scheduled Income: 21600.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
Apr 14, 2022
Sold by
Johnson Margaret
Bought by
Tyssan Properties Llc
Buyer's Agent
Michelle Gharib
Silverstone Real Estate, LLC
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%
Current Estimated Value
$126,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,336
Avg. Annual Appreciation
5.87%

Purchase Details

Closed on
Apr 23, 2009
Sold by
Citimortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 21, 2009
Sold by
Montante Tony A and Montante Bessie M
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jul 1, 1998
Sold by
Henning Kenoah W
Bought by
Montante Gae A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,500
Interest Rate
7.03%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Tyssan Properties Llc $100,000 Ata National Title
Federal National Mortgage Association -- None Available
Citimortgage Inc $51,639 None Available
Montante Gae A $25,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Montante Gae A $32,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2022 04/14/22 Sold $100,000 -9.1% $57 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $110,000 -- $63 / Sq Ft
Source: Realcomp

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
2025 $2,273 $40,820 $0 $0
2024 $2,060 $40,100 $0 $0
2023 $1,963 $35,720 $0 $0
2022 $1,018 $29,930 $0 $0
2021 $990 $26,720 $0 $0
2020 $841 $24,030 $0 $0
2019 $934 $20,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220015982

Realcomp

APN: 14-20-332-011

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