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862 Melrose St, Pontiac, MI, 48340

$175,000

Home List Price

$2,078*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,772 SqFt
$99/SqFt
House

Location

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862 Melrose St, Pontiac$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Detached, GarageFacesFront, GarageDoorOpener, Paved
Garage2 spaces
Year Built1931
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
FireplaceOtherLocations
MLS #81024059730
Lot Size0.35 Acres
StatusActive

About 862 Melrose St

1931 ranch that City records show effective date of 1975, nestled on 2 1/2 lots @,35 acre treed fenced lot boasting of new roof on home, newer furnace, so full of charm and space! Morning coffee enjoyed in your 3 season spacious front Florida/porch, Main Living area appointed w/wide wood toe , window & door moldings, wet plaster w/coved designed ceiling , 3 bedrooms w/extra deep closets, updated bath,recently updated kitchen wi/built-in pantry, flooring, lighting, ceiling,,all appliances incl washer/dryer, cutest corner windows enhance dinning room, enclosed back porch, detached lg garage, 2 shed/barns, raised patio w/grill, fruit trees, lots of space for activities, gardens, & flowers, home awarded yearly for its beautiful upkeep by the City. Solid move-in 1.2 bath in glass block basemt

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1931
  • Stories: 1
  • Living Area: 1,772 SqFt

Listing Office:

  • Office Name: Deborah Louzecky, Broker
  • Office Phone: (248) 379-3919
  • Listing Agent: Deborah Louzecky

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Refrigerator, Range, Washer
  • Basement: Yes
  • Flooring Type: Laminate, Vinyl
  • Interior: Pantry, WindowTreatments
  • Fireplace: OtherLocations

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Concrete, Detached, GarageFacesFront, GarageDoorOpener, Paved

Lot Features

Lot Information:

  • Lot Size: 0.35 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Home is located between Perry and University. Best to come in on Perry turning south to home. Close to schools, parks, down town etc.

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
  • Price Per SqFt: $99/SqFt

Tax Information:

  • Annual Amount: $893
  • 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

862 Melrose St vs Pontiac

31 DAYS ON ROCKET

-1 Day

$175,000

+$35K More

$99/SqFt

-$10 Less

KEY TAKEAWAY

This property is $35K more than the Median Sold Price and $10/SqFt less than other homes in Pontiac, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Metropolitan Association of REALTORS
  • MLS Number: #81024059730

Listing Office:

  • Office Name: Deborah Louzecky, Broker
  • Office Phone: (248) 379-3919
  • Listing Agent: Deborah Louzecky

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, 3:21:04 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

Sep 28, 2017Home Sold
$45,000

Tax History

YEARPROP. TAXASSESSMENT
2021$893$30,510
2020$854$27,630
2018$819$20,620
2017$578$19,160

History based on county public records data.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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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-4349905
2
/10

  • Herrington School

  • 541 Bay St

  • 0.74 miles

  • Public District Grades KG-6

school-card-donut-4349906
2
/10

  • Whitman Elementary School

  • 125 W Montcalm St

  • 1.97 miles

  • Public District Grades KG-5

school-card-donut-4349907
2
/10

  • Rogers School

  • 2600 Dexter Rd

  • 2.22 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,125. Residents of Pontiac, MI typically earn between $35k-100k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 862 Melrose St

What is the listing price of this property?

The listing price of 862 Melrose St property is $175,000.

What type of property is this?

The property 862 Melrose St is a house located in Pontiac, Michigan, 48340.

Is this property for sale now?

Active Listing: 862 Melrose St 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 $893 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 28, 2017 for $45,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 862 Melrose St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 862 Melrose St is 1,772 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 862 Melrose St is 1931.

Rocket Homes›Michigan›Oakland County›Pontiac›48340›862 Melrose St

This home is located at 862 Melrose St in Pontiac, MI and zip code 48340. This 1,772 square foot home, which was built in 1931, sits on a 0.35 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $175,000.

In November 2024 more than 14 listings in Pontiac, MI were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 22 were sold below. While the average time on the market in November 2024 was 32 days, the median list price was $140,000.

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

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