8 months on rocket

561 Nevada Ave, Pontiac, MI, 48341

$110,000

Home List Price

$1,306*

Closing Credit

3 Bedrooms
1 Full Bath
1,024 SqFt
$107/SqFt
House

Location

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561 Nevada Ave, Pontiac$110,000

Buyer Closing Credits

$1,306*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
Year Built1950
HeatingNatural Gas, Forced Air
MLS #20240010967
Lot Size0.10 Acres
StatusActive

About 561 Nevada Ave

Take advantage of this incredible investment opportunity at 561 Nevada! This beautifully renovated 3 bedroom home is a TURNKEY investor's dream, located in the thriving city of Pontiac. Certified, rented, and incredibly profitable, this property offers hassle-free ownership in one of the world's top real estate markets. Key features include: Fully Certified and Updated: Compliant with all city and standards, eliminating the need for costly repairs and inspections. Prime Location: Situated in Pontiac, a city undergoing significant economic and cultural revitalization, attracting businesses, tourists, and new residents alike. With this property, you can simply sit back and collect rent checks without any hassle. Please note that showings are available only with an accepted offer, and tenants should not be disturbed. Contact us today to secure this property for yourself! Additionally, the seller offers the option to bundle 596 Nevada

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1950
  • Stories: 1
  • Living Area: 1,024 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Tamara Flannigan-Nunally

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: West of Motor St and East of Bagley St

Price Information

Listing Price Info

Price Summary:

  • List Price: $110,000
  • Price Per SqFt: $107/SqFt

Tax Information:

  • Annual Amount: $411
  • 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

$139.9K

Med. Price/SqFt

$124

Avg. Days On Market

32

# of Sold Homes

35

561 Nevada Ave vs Pontiac

266 DAYS ON ROCKET

+234 Days

$110,000

-$29.9K Less

$107/SqFt

-$17 Less

KEY TAKEAWAY

This property is $29.9K less than the Median Sold Price and $17/SqFt less 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: #20240010967

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Tamara Flannigan-Nunally

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: 11/15/2024, 7:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$411$16,060
2020$381$14,500
2018$356$10,790
2017$342$10,640

History based on county public records data.

Payment Calculator

$617

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$396

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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-390948
5
/10

  • Roosevelt Elementary School

  • 2065 Cass Lake Rd

  • 2.65 miles

  • Public Magnet Grades PK-5

school-card-donut-390949
3
/10

  • R. Grant Graham Elementary School

  • 2450 Old Salem Rd

  • 2.68 miles

  • Public District Grades KG-5

school-card-donut-390950
7
/10

  • Way Elementary School

  • 765 W Long Lake Rd

  • 2.73 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 $37,174. Residents of Pontiac, MI typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 561 Nevada Ave

What is the listing price of this property?

The listing price of 561 Nevada Ave property is $110,000.

What type of property is this?

The property 561 Nevada Ave is a house located in Pontiac, Michigan, 48341.

Is this property for sale now?

Active Listing: 561 Nevada Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $411 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 561 Nevada Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 561 Nevada Ave is 1,024 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 561 Nevada Ave is 1950.

Rocket Homes›Michigan›Oakland County›Pontiac›48341›561 Nevada Ave

This home is located at 561 Nevada Ave in Pontiac, MI and zip code 48341. This 1,024 square foot home, which was built in 1950, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 22, 2024 and is currently priced at $110,000.

Over 16 listings were sold over their listed price in October 2024 in Pontiac, MI. In the same period over 15 listings were sold below the listed price and 4 listings were sold for the listed price. The number of listings in Pontiac, MI increased by 3.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 32 days, the median list price was $139,933.

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

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