16 days on rocket

48 Florence St, Pontiac, MI, 48342

$369,000

Home List Price

$4,382*

Closing Credit

4 Full Baths, 4 Partial
1,908 SqFt
$193/SqFt
Multi

Location

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48 Florence St, Pontiac$369,000

Buyer Closing Credits

$4,382*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1900
HeatingForced Air, Natural Gas
BasementYes
MLS #20240089385
Lot Size0.10 Acres
StatusActive

About 48 Florence St

Here is your chance to own an income producing property in the historic city of Pontiac! Classified as a 4 unit, there are 3 units currently being leased. The basement can be retrofitted to become unit #5 later on. Appointments only with accepted offer only.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1900
  • Living Area: 1,908 SqFt

Listing Office:

  • Office Name: New Michigan Realty, LLC
  • Office Phone: (248) 729-2426
  • Listing Agent: Joseph Tinpan

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 4
  • Full Bathrooms: 4

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Florence between Cesar Chavez and Cass

Price Information

Listing Price Info

Price Summary:

  • List Price: $369,000
  • Price Per SqFt: $193/SqFt

Tax Information:

  • Annual Amount: $1,223
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Pontiac, MI.

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Pontiac, MI

City

Med. Sold Price

$140K

Med. Price/SqFt

$109

Avg. Days On Market

32

# of Sold Homes

39

48 Florence St vs Pontiac

16 DAYS ON ROCKET

-16 Days

$369,000

+$229K More

$193/SqFt

+$84 More

KEY TAKEAWAY

This property is $229K more than the Median Sold Price and $84/SqFt more than other homes in Pontiac, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240089385

Listing Office:

  • Office Name: New Michigan Realty, LLC
  • Office Phone: (248) 729-2426
  • Listing Agent: Joseph Tinpan

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 2:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 08, 2005Home Sold
$42,125

Tax History

YEARPROP. TAXASSESSMENT
2021$1,223$29,520
2020$1,157$26,540
2018$1,096$20,240
2017$1,058$20,110

History based on county public records data.

Payment Calculator

$1,909

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,173

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4342230
2
/10

  • Whitman Elementary School

  • 125 W Montcalm St

  • 0.83 miles

  • Public District Grades KG-5

school-card-donut-4342231
2
/10

  • Alcott School

  • 460 W Kennett Rd

  • 1.70 miles

  • Public District Grades KG-5

school-card-donut-4342232
3
/10

  • Donelson Hills Elementary School

  • 2690 Wewoka Rd

  • 1.96 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $15,385. Residents of Pontiac, MI typically earn less than $35k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Oakland County›Pontiac›48342›48 Florence St

This home is located at 48 Florence St in Pontiac, MI and zip code 48342. This 1,908 square foot home, which was built in 1900, sits on a 0.10 acre lot. Features: 8 bathrooms. It has been listed on Rocket Homes since December 01, 2024 and is currently priced at $369,000.

In November 2024, from all listings sold in Pontiac, MI there were more than 14 sold above asking price, over 22 sold below and more than 3 were sold right at the asked price. In November 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $140,000.

From Rocket Homes Real Estate and based on county public records data.

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