45 N Merrimac St · Pontiac, MI 48340

$165,000

3 bd · 1.0 ba · 2,101 sqft · SingleFamily public records · 103 Days on market

Built 1915 3,485 sqft lot Est $170k · at est.

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +22.3/30.0
• ARV discount +8.9/15.0
• DSCR +7.1/10.0
• 1% rule +5.2/10.0
• Rent growth +3.7/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautifully Updated 4-Bedroom Colonial! Welcome to this charming 2-story colonial featuring 4 spacious bedrooms and 2 fully updated bathrooms. This home has been refreshed from top to bottom with fresh paint, light fixtures, new carpet, and new kitchen flooring and countertops. The kitchen includes some new cabinets and a new built-in microwave, offering both modern convenience and style. New furnace installed on 04/06/2026. Both full bathrooms feature new tub surrounds and updated vanities, giving each space a clean, updated feel. Throughout the home, you'll enjoy new lighting fixtures, ceiling fans, and plenty of closet space for comfortable everyday living. Additional updates include a new garage roof in 2025 and a house roof that is approximately 8 years old, giving peace of mind for years to come. All new blinds and curtains. The property is built on a crawl space with a very small basement for extra storage. Outside, you'll find a 1-car detached garage and classic colonial curb appeal. Move-in ready and thoughtfully updated, this home blends timeless charm with modern upgrades. A must-see! This home qualifies for up to $10,000 towards down payment, closing cost, for qualifying first-time home buyers, Income restricted program.

Key facts

• Updated bathrooms
• New kitchen flooring
• Updated vanities

Tags

• UPDATED BATHROOMS
• NEW KITCHEN FLOORING
• NEW BUILT-IN MICROWAVE
• NEW TUB SURROUNDS
• UPDATED VANITIES
• NEW LIGHTING FIXTURES

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $271 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $165k).
• Recommended offer: $150k (9.0% below list) — sets the bar for market timing.
• Cap rate 8.3% vs local median 6.7% in Pontiac — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 64/100 on livability (#499 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety D, schools F, crime F.
• Pontiac City School District (urban): math 8% / reading 17% proficiency, ranked #514 of 540 in MI (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 81% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+4.7%/yr); 83 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).
• This rent runs 42% of the median local income ($48k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Oakland County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 103 days — a 9% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 22y ago; this cycle's ask has dropped $21k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $47k; list at $165k implies a 251% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1915 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $150,150 (9.0% below list)

Questions for the listing agent

1. It's been on market 103 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1915 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.02% ✓
• Cap rate: 8.27%
• Cash-on-cash: 7.05%
• DSCR: 1.31
• GRM: 8.1

CMA / ARV

• ARV (on-the-fly): $170,181
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
686 Lounsbury Ave	0.52mi	4/1.5 (+1)	1,930 (-8%)	1mo	$147,000	$76	54
45 S Merrimac St	0.04mi	4/2.5 (+1)	1,832 (-13%)	21mo	$187,500	$102	48
78 E Strathmore Ave	0.61mi	3/2.0	1,832 (-13%)	4mo	$160,000	$87	43
233 Baldwin Ave	0.60mi	3/2.0	1,817 (-14%)	3mo	$50,000	$28	43
61 E Longfellow Ave	0.68mi	3/1.0	1,899 (-10%)	12mo	$189,000	$100	42
29 Putnam Ave	0.64mi	4/1.0 (+1)	1,913 (-9%)	10mo	$84,900	$44	42
743 Hollister St	0.52mi	4/2.0 (+1)	1,844 (-12%)	8mo	$150,000	$81	40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.73% rent growth · sell at horizon

5-year hold

• IRR: -3.7%
• Equity multiple: 0.86×
• Total profit: $-6,482
• Equity at exit: $24,602

10-year hold

• IRR: 7.8%
• Equity multiple: 1.63×
• Total profit: $29,240
• Equity at exit: $14,266

Cash invested: $46,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48340

• Rents YoY: 4.7%
• Active inventory: 83
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $1,689 medium
• Mortgage (P&I): −$865
• Tax from tax record: −$129 /mo · $1,548/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$355
• Net cashflow: $271

Break-even live

Break-even rent $1,346

Max offer price $165,000

Occupancy floor 79%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
90 Marquette St Pontiac, MI	3.0	1.0	1886	$1,800	$0.95	43d	1	0.88mi
264 Nelson St Pontiac, MI	3.0	1.0	1478	$1,590	$1.08	43d	1	1.04mi

Listing history 33 events

1. 2026-04-12
   status Pending 1252-char remark

   Show marketing remark (1252 chars)

   Beautifully Updated 4-Bedroom Colonial! Welcome to this charming 2-story colonial featuring 4 spacious bedrooms and 2 fully updated bathrooms. This home has been refreshed from top to bottom with fresh paint, light fixtures, new carpet, and new kitchen flooring and countertops. The kitchen includes some new cabinets and a new built-in microwave, offering both modern convenience and style. New furnace installed on 04/06/2026. Both full bathrooms feature new tub surrounds and updated vanities, giving each space a clean, updated feel. Throughout the home, you'll enjoy new lighting fixtures, ceiling fans, and plenty of closet space for comfortable everyday living. Additional updates include a new garage roof in 2025 and a house roof that is approximately 8 years old, giving peace of mind for years to come. All new blinds and curtains. The property is built on a crawl space with a very small basement for extra storage. Outside, you'll find a 1-car detached garage and classic colonial curb appeal. Move-in ready and thoughtfully updated, this home blends timeless charm with modern upgrades. A must-see! This home qualifies for up to $10,000 towards down payment, closing cost, for qualifying first-time home buyers, Income restricted program.

2. 2026-04-12
   status Pending

   Show marketing remark (1252 chars)

   Beautifully Updated 4-Bedroom Colonial! Welcome to this charming 2-story colonial featuring 4 spacious bedrooms and 2 fully updated bathrooms. This home has been refreshed from top to bottom with fresh paint, light fixtures, new carpet, and new kitchen flooring and countertops. The kitchen includes some new cabinets and a new built-in microwave, offering both modern convenience and style. New furnace installed on 04/06/2026. Both full bathrooms feature new tub surrounds and updated vanities, giving each space a clean, updated feel. Throughout the home, you'll enjoy new lighting fixtures, ceiling fans, and plenty of closet space for comfortable everyday living. Additional updates include a new garage roof in 2025 and a house roof that is approximately 8 years old, giving peace of mind for years to come. All new blinds and curtains. The property is built on a crawl space with a very small basement for extra storage. Outside, you'll find a 1-car detached garage and classic colonial curb appeal. Move-in ready and thoughtfully updated, this home blends timeless charm with modern upgrades. A must-see! This home qualifies for up to $10,000 towards down payment, closing cost, for qualifying first-time home buyers, Income restricted program.

3. 2026-04-06
   status Active 1252-char remark

   Show marketing remark (1252 chars)

   Beautifully Updated 4-Bedroom Colonial! Welcome to this charming 2-story colonial featuring 4 spacious bedrooms and 2 fully updated bathrooms. This home has been refreshed from top to bottom with fresh paint, light fixtures, new carpet, and new kitchen flooring and countertops. The kitchen includes some new cabinets and a new built-in microwave, offering both modern convenience and style. New furnace installed on 04/06/2026. Both full bathrooms feature new tub surrounds and updated vanities, giving each space a clean, updated feel. Throughout the home, you'll enjoy new lighting fixtures, ceiling fans, and plenty of closet space for comfortable everyday living. Additional updates include a new garage roof in 2025 and a house roof that is approximately 8 years old, giving peace of mind for years to come. All new blinds and curtains. The property is built on a crawl space with a very small basement for extra storage. Outside, you'll find a 1-car detached garage and classic colonial curb appeal. Move-in ready and thoughtfully updated, this home blends timeless charm with modern upgrades. A must-see! This home qualifies for up to $10,000 towards down payment, closing cost, for qualifying first-time home buyers, Income restricted program.

4. 2026-04-06
   status Active

   Show marketing remark (1252 chars)

   Beautifully Updated 4-Bedroom Colonial! Welcome to this charming 2-story colonial featuring 4 spacious bedrooms and 2 fully updated bathrooms. This home has been refreshed from top to bottom with fresh paint, light fixtures, new carpet, and new kitchen flooring and countertops. The kitchen includes some new cabinets and a new built-in microwave, offering both modern convenience and style. New furnace installed on 04/06/2026. Both full bathrooms feature new tub surrounds and updated vanities, giving each space a clean, updated feel. Throughout the home, you'll enjoy new lighting fixtures, ceiling fans, and plenty of closet space for comfortable everyday living. Additional updates include a new garage roof in 2025 and a house roof that is approximately 8 years old, giving peace of mind for years to come. All new blinds and curtains. The property is built on a crawl space with a very small basement for extra storage. Outside, you'll find a 1-car detached garage and classic colonial curb appeal. Move-in ready and thoughtfully updated, this home blends timeless charm with modern upgrades. A must-see! This home qualifies for up to $10,000 towards down payment, closing cost, for qualifying first-time home buyers, Income restricted program.

5. 2026-03-16
   status Pending 1252-char remark

   Show marketing remark (1252 chars)

   Beautifully Updated 4-Bedroom Colonial! Welcome to this charming 2-story colonial featuring 4 spacious bedrooms and 2 fully updated bathrooms. This home has been refreshed from top to bottom with fresh paint, light fixtures, new carpet, and new kitchen flooring and countertops. The kitchen includes some new cabinets and a new built-in microwave, offering both modern convenience and style. New furnace installed on 04/06/2026. Both full bathrooms feature new tub surrounds and updated vanities, giving each space a clean, updated feel. Throughout the home, you'll enjoy new lighting fixtures, ceiling fans, and plenty of closet space for comfortable everyday living. Additional updates include a new garage roof in 2025 and a house roof that is approximately 8 years old, giving peace of mind for years to come. All new blinds and curtains. The property is built on a crawl space with a very small basement for extra storage. Outside, you'll find a 1-car detached garage and classic colonial curb appeal. Move-in ready and thoughtfully updated, this home blends timeless charm with modern upgrades. A must-see! This home qualifies for up to $10,000 towards down payment, closing cost, for qualifying first-time home buyers, Income restricted program.

6. 2026-03-16
   status Pending

   Show marketing remark (1252 chars)

   Beautifully Updated 4-Bedroom Colonial! Welcome to this charming 2-story colonial featuring 4 spacious bedrooms and 2 fully updated bathrooms. This home has been refreshed from top to bottom with fresh paint, light fixtures, new carpet, and new kitchen flooring and countertops. The kitchen includes some new cabinets and a new built-in microwave, offering both modern convenience and style. New furnace installed on 04/06/2026. Both full bathrooms feature new tub surrounds and updated vanities, giving each space a clean, updated feel. Throughout the home, you'll enjoy new lighting fixtures, ceiling fans, and plenty of closet space for comfortable everyday living. Additional updates include a new garage roof in 2025 and a house roof that is approximately 8 years old, giving peace of mind for years to come. All new blinds and curtains. The property is built on a crawl space with a very small basement for extra storage. Outside, you'll find a 1-car detached garage and classic colonial curb appeal. Move-in ready and thoughtfully updated, this home blends timeless charm with modern upgrades. A must-see! This home qualifies for up to $10,000 towards down payment, closing cost, for qualifying first-time home buyers, Income restricted program.

7. 2026-03-07
   historical Accepting Backup Offers 1252-char remark

   Show marketing remark (1252 chars)

   Beautifully Updated 4-Bedroom Colonial! Welcome to this charming 2-story colonial featuring 4 spacious bedrooms and 2 fully updated bathrooms. This home has been refreshed from top to bottom with fresh paint, light fixtures, new carpet, and new kitchen flooring and countertops. The kitchen includes some new cabinets and a new built-in microwave, offering both modern convenience and style. New furnace installed on 04/06/2026. Both full bathrooms feature new tub surrounds and updated vanities, giving each space a clean, updated feel. Throughout the home, you'll enjoy new lighting fixtures, ceiling fans, and plenty of closet space for comfortable everyday living. Additional updates include a new garage roof in 2025 and a house roof that is approximately 8 years old, giving peace of mind for years to come. All new blinds and curtains. The property is built on a crawl space with a very small basement for extra storage. Outside, you'll find a 1-car detached garage and classic colonial curb appeal. Move-in ready and thoughtfully updated, this home blends timeless charm with modern upgrades. A must-see! This home qualifies for up to $10,000 towards down payment, closing cost, for qualifying first-time home buyers, Income restricted program.

8. 2026-03-07
   historical Active Under Contract

   Show marketing remark (1252 chars)

   Beautifully Updated 4-Bedroom Colonial! Welcome to this charming 2-story colonial featuring 4 spacious bedrooms and 2 fully updated bathrooms. This home has been refreshed from top to bottom with fresh paint, light fixtures, new carpet, and new kitchen flooring and countertops. The kitchen includes some new cabinets and a new built-in microwave, offering both modern convenience and style. New furnace installed on 04/06/2026. Both full bathrooms feature new tub surrounds and updated vanities, giving each space a clean, updated feel. Throughout the home, you'll enjoy new lighting fixtures, ceiling fans, and plenty of closet space for comfortable everyday living. Additional updates include a new garage roof in 2025 and a house roof that is approximately 8 years old, giving peace of mind for years to come. All new blinds and curtains. The property is built on a crawl space with a very small basement for extra storage. Outside, you'll find a 1-car detached garage and classic colonial curb appeal. Move-in ready and thoughtfully updated, this home blends timeless charm with modern upgrades. A must-see! This home qualifies for up to $10,000 towards down payment, closing cost, for qualifying first-time home buyers, Income restricted program.

9. 2026-03-02
   status Pending 1252-char remark

   Show marketing remark (1252 chars)

   Beautifully Updated 4-Bedroom Colonial! Welcome to this charming 2-story colonial featuring 4 spacious bedrooms and 2 fully updated bathrooms. This home has been refreshed from top to bottom with fresh paint, light fixtures, new carpet, and new kitchen flooring and countertops. The kitchen includes some new cabinets and a new built-in microwave, offering both modern convenience and style. New furnace installed on 04/06/2026. Both full bathrooms feature new tub surrounds and updated vanities, giving each space a clean, updated feel. Throughout the home, you'll enjoy new lighting fixtures, ceiling fans, and plenty of closet space for comfortable everyday living. Additional updates include a new garage roof in 2025 and a house roof that is approximately 8 years old, giving peace of mind for years to come. All new blinds and curtains. The property is built on a crawl space with a very small basement for extra storage. Outside, you'll find a 1-car detached garage and classic colonial curb appeal. Move-in ready and thoughtfully updated, this home blends timeless charm with modern upgrades. A must-see! This home qualifies for up to $10,000 towards down payment, closing cost, for qualifying first-time home buyers, Income restricted program.

10. 2026-03-02
    status Pending

    Show marketing remark (1252 chars)

    Beautifully Updated 4-Bedroom Colonial! Welcome to this charming 2-story colonial featuring 4 spacious bedrooms and 2 fully updated bathrooms. This home has been refreshed from top to bottom with fresh paint, light fixtures, new carpet, and new kitchen flooring and countertops. The kitchen includes some new cabinets and a new built-in microwave, offering both modern convenience and style. New furnace installed on 04/06/2026. Both full bathrooms feature new tub surrounds and updated vanities, giving each space a clean, updated feel. Throughout the home, you'll enjoy new lighting fixtures, ceiling fans, and plenty of closet space for comfortable everyday living. Additional updates include a new garage roof in 2025 and a house roof that is approximately 8 years old, giving peace of mind for years to come. All new blinds and curtains. The property is built on a crawl space with a very small basement for extra storage. Outside, you'll find a 1-car detached garage and classic colonial curb appeal. Move-in ready and thoughtfully updated, this home blends timeless charm with modern upgrades. A must-see! This home qualifies for up to $10,000 towards down payment, closing cost, for qualifying first-time home buyers, Income restricted program.

11. 2026-02-17
    price $165,000 1252-char remark

    Show marketing remark (1252 chars)

    Beautifully Updated 4-Bedroom Colonial! Welcome to this charming 2-story colonial featuring 4 spacious bedrooms and 2 fully updated bathrooms. This home has been refreshed from top to bottom with fresh paint, light fixtures, new carpet, and new kitchen flooring and countertops. The kitchen includes some new cabinets and a new built-in microwave, offering both modern convenience and style. New furnace installed on 04/06/2026. Both full bathrooms feature new tub surrounds and updated vanities, giving each space a clean, updated feel. Throughout the home, you'll enjoy new lighting fixtures, ceiling fans, and plenty of closet space for comfortable everyday living. Additional updates include a new garage roof in 2025 and a house roof that is approximately 8 years old, giving peace of mind for years to come. All new blinds and curtains. The property is built on a crawl space with a very small basement for extra storage. Outside, you'll find a 1-car detached garage and classic colonial curb appeal. Move-in ready and thoughtfully updated, this home blends timeless charm with modern upgrades. A must-see! This home qualifies for up to $10,000 towards down payment, closing cost, for qualifying first-time home buyers, Income restricted program.

12. 2026-02-16
    price $165,000
13. 2026-02-10
    price $167,500 1252-char remark

    Show marketing remark (1252 chars)

    Beautifully Updated 4-Bedroom Colonial! Welcome to this charming 2-story colonial featuring 4 spacious bedrooms and 2 fully updated bathrooms. This home has been refreshed from top to bottom with fresh paint, light fixtures, new carpet, and new kitchen flooring and countertops. The kitchen includes some new cabinets and a new built-in microwave, offering both modern convenience and style. New furnace installed on 04/06/2026. Both full bathrooms feature new tub surrounds and updated vanities, giving each space a clean, updated feel. Throughout the home, you'll enjoy new lighting fixtures, ceiling fans, and plenty of closet space for comfortable everyday living. Additional updates include a new garage roof in 2025 and a house roof that is approximately 8 years old, giving peace of mind for years to come. All new blinds and curtains. The property is built on a crawl space with a very small basement for extra storage. Outside, you'll find a 1-car detached garage and classic colonial curb appeal. Move-in ready and thoughtfully updated, this home blends timeless charm with modern upgrades. A must-see! This home qualifies for up to $10,000 towards down payment, closing cost, for qualifying first-time home buyers, Income restricted program.

14. 2026-02-09
    price $167,500
15. 2026-02-04
    price $171,900 1252-char remark

    Show marketing remark (1252 chars)

    Beautifully Updated 4-Bedroom Colonial! Welcome to this charming 2-story colonial featuring 4 spacious bedrooms and 2 fully updated bathrooms. This home has been refreshed from top to bottom with fresh paint, light fixtures, new carpet, and new kitchen flooring and countertops. The kitchen includes some new cabinets and a new built-in microwave, offering both modern convenience and style. New furnace installed on 04/06/2026. Both full bathrooms feature new tub surrounds and updated vanities, giving each space a clean, updated feel. Throughout the home, you'll enjoy new lighting fixtures, ceiling fans, and plenty of closet space for comfortable everyday living. Additional updates include a new garage roof in 2025 and a house roof that is approximately 8 years old, giving peace of mind for years to come. All new blinds and curtains. The property is built on a crawl space with a very small basement for extra storage. Outside, you'll find a 1-car detached garage and classic colonial curb appeal. Move-in ready and thoughtfully updated, this home blends timeless charm with modern upgrades. A must-see! This home qualifies for up to $10,000 towards down payment, closing cost, for qualifying first-time home buyers, Income restricted program.

16. 2026-02-03
    price $171,900
17. 2026-01-13
    price $173,900 1252-char remark

    Show marketing remark (1252 chars)

    Beautifully Updated 4-Bedroom Colonial! Welcome to this charming 2-story colonial featuring 4 spacious bedrooms and 2 fully updated bathrooms. This home has been refreshed from top to bottom with fresh paint, light fixtures, new carpet, and new kitchen flooring and countertops. The kitchen includes some new cabinets and a new built-in microwave, offering both modern convenience and style. New furnace installed on 04/06/2026. Both full bathrooms feature new tub surrounds and updated vanities, giving each space a clean, updated feel. Throughout the home, you'll enjoy new lighting fixtures, ceiling fans, and plenty of closet space for comfortable everyday living. Additional updates include a new garage roof in 2025 and a house roof that is approximately 8 years old, giving peace of mind for years to come. All new blinds and curtains. The property is built on a crawl space with a very small basement for extra storage. Outside, you'll find a 1-car detached garage and classic colonial curb appeal. Move-in ready and thoughtfully updated, this home blends timeless charm with modern upgrades. A must-see! This home qualifies for up to $10,000 towards down payment, closing cost, for qualifying first-time home buyers, Income restricted program.

18. 2026-01-13
    price $173,900

    Show marketing remark (1252 chars)

    Beautifully Updated 4-Bedroom Colonial! Welcome to this charming 2-story colonial featuring 4 spacious bedrooms and 2 fully updated bathrooms. This home has been refreshed from top to bottom with fresh paint, light fixtures, new carpet, and new kitchen flooring and countertops. The kitchen includes some new cabinets and a new built-in microwave, offering both modern convenience and style. New furnace installed on 04/06/2026. Both full bathrooms feature new tub surrounds and updated vanities, giving each space a clean, updated feel. Throughout the home, you'll enjoy new lighting fixtures, ceiling fans, and plenty of closet space for comfortable everyday living. Additional updates include a new garage roof in 2025 and a house roof that is approximately 8 years old, giving peace of mind for years to come. All new blinds and curtains. The property is built on a crawl space with a very small basement for extra storage. Outside, you'll find a 1-car detached garage and classic colonial curb appeal. Move-in ready and thoughtfully updated, this home blends timeless charm with modern upgrades. A must-see! This home qualifies for up to $10,000 towards down payment, closing cost, for qualifying first-time home buyers, Income restricted program.

19. 2026-01-08
    status Active
20. 2026-01-07
    historical

    Show marketing remark (1252 chars)

    Beautifully Updated 4-Bedroom Colonial! Welcome to this charming 2-story colonial featuring 4 spacious bedrooms and 2 fully updated bathrooms. This home has been refreshed from top to bottom with fresh paint, light fixtures, new carpet, and new kitchen flooring and countertops. The kitchen includes some new cabinets and a new built-in microwave, offering both modern convenience and style. New furnace installed on 04/06/2026. Both full bathrooms feature new tub surrounds and updated vanities, giving each space a clean, updated feel. Throughout the home, you'll enjoy new lighting fixtures, ceiling fans, and plenty of closet space for comfortable everyday living. Additional updates include a new garage roof in 2025 and a house roof that is approximately 8 years old, giving peace of mind for years to come. All new blinds and curtains. The property is built on a crawl space with a very small basement for extra storage. Outside, you'll find a 1-car detached garage and classic colonial curb appeal. Move-in ready and thoughtfully updated, this home blends timeless charm with modern upgrades. A must-see! This home qualifies for up to $10,000 towards down payment, closing cost, for qualifying first-time home buyers, Income restricted program.

21. 2026-01-07
    price $175,900 1252-char remark

    Show marketing remark (1252 chars)

    Beautifully Updated 4-Bedroom Colonial! Welcome to this charming 2-story colonial featuring 4 spacious bedrooms and 2 fully updated bathrooms. This home has been refreshed from top to bottom with fresh paint, light fixtures, new carpet, and new kitchen flooring and countertops. The kitchen includes some new cabinets and a new built-in microwave, offering both modern convenience and style. New furnace installed on 04/06/2026. Both full bathrooms feature new tub surrounds and updated vanities, giving each space a clean, updated feel. Throughout the home, you'll enjoy new lighting fixtures, ceiling fans, and plenty of closet space for comfortable everyday living. Additional updates include a new garage roof in 2025 and a house roof that is approximately 8 years old, giving peace of mind for years to come. All new blinds and curtains. The property is built on a crawl space with a very small basement for extra storage. Outside, you'll find a 1-car detached garage and classic colonial curb appeal. Move-in ready and thoughtfully updated, this home blends timeless charm with modern upgrades. A must-see! This home qualifies for up to $10,000 towards down payment, closing cost, for qualifying first-time home buyers, Income restricted program.

22. 2026-01-06
    price $175,900
23. 2025-12-30
    price $178,900 1252-char remark

    Show marketing remark (1252 chars)

    Beautifully Updated 4-Bedroom Colonial! Welcome to this charming 2-story colonial featuring 4 spacious bedrooms and 2 fully updated bathrooms. This home has been refreshed from top to bottom with fresh paint, light fixtures, new carpet, and new kitchen flooring and countertops. The kitchen includes some new cabinets and a new built-in microwave, offering both modern convenience and style. New furnace installed on 04/06/2026. Both full bathrooms feature new tub surrounds and updated vanities, giving each space a clean, updated feel. Throughout the home, you'll enjoy new lighting fixtures, ceiling fans, and plenty of closet space for comfortable everyday living. Additional updates include a new garage roof in 2025 and a house roof that is approximately 8 years old, giving peace of mind for years to come. All new blinds and curtains. The property is built on a crawl space with a very small basement for extra storage. Outside, you'll find a 1-car detached garage and classic colonial curb appeal. Move-in ready and thoughtfully updated, this home blends timeless charm with modern upgrades. A must-see! This home qualifies for up to $10,000 towards down payment, closing cost, for qualifying first-time home buyers, Income restricted program.

24. 2025-12-29
    price $178,900
25. 2025-12-12
    price $180,000 1252-char remark

    Show marketing remark (1252 chars)

    Beautifully Updated 4-Bedroom Colonial! Welcome to this charming 2-story colonial featuring 4 spacious bedrooms and 2 fully updated bathrooms. This home has been refreshed from top to bottom with fresh paint, light fixtures, new carpet, and new kitchen flooring and countertops. The kitchen includes some new cabinets and a new built-in microwave, offering both modern convenience and style. New furnace installed on 04/06/2026. Both full bathrooms feature new tub surrounds and updated vanities, giving each space a clean, updated feel. Throughout the home, you'll enjoy new lighting fixtures, ceiling fans, and plenty of closet space for comfortable everyday living. Additional updates include a new garage roof in 2025 and a house roof that is approximately 8 years old, giving peace of mind for years to come. All new blinds and curtains. The property is built on a crawl space with a very small basement for extra storage. Outside, you'll find a 1-car detached garage and classic colonial curb appeal. Move-in ready and thoughtfully updated, this home blends timeless charm with modern upgrades. A must-see! This home qualifies for up to $10,000 towards down payment, closing cost, for qualifying first-time home buyers, Income restricted program.

26. 2025-12-12
    price $180,000

    Show marketing remark (1252 chars)

    Beautifully Updated 4-Bedroom Colonial! Welcome to this charming 2-story colonial featuring 4 spacious bedrooms and 2 fully updated bathrooms. This home has been refreshed from top to bottom with fresh paint, light fixtures, new carpet, and new kitchen flooring and countertops. The kitchen includes some new cabinets and a new built-in microwave, offering both modern convenience and style. New furnace installed on 04/06/2026. Both full bathrooms feature new tub surrounds and updated vanities, giving each space a clean, updated feel. Throughout the home, you'll enjoy new lighting fixtures, ceiling fans, and plenty of closet space for comfortable everyday living. Additional updates include a new garage roof in 2025 and a house roof that is approximately 8 years old, giving peace of mind for years to come. All new blinds and curtains. The property is built on a crawl space with a very small basement for extra storage. Outside, you'll find a 1-car detached garage and classic colonial curb appeal. Move-in ready and thoughtfully updated, this home blends timeless charm with modern upgrades. A must-see! This home qualifies for up to $10,000 towards down payment, closing cost, for qualifying first-time home buyers, Income restricted program.

27. 2025-12-03
    listed $185,900 Active 1252-char remark

    Show marketing remark (1252 chars)

    Beautifully Updated 4-Bedroom Colonial! Welcome to this charming 2-story colonial featuring 4 spacious bedrooms and 2 fully updated bathrooms. This home has been refreshed from top to bottom with fresh paint, light fixtures, new carpet, and new kitchen flooring and countertops. The kitchen includes some new cabinets and a new built-in microwave, offering both modern convenience and style. New furnace installed on 04/06/2026. Both full bathrooms feature new tub surrounds and updated vanities, giving each space a clean, updated feel. Throughout the home, you'll enjoy new lighting fixtures, ceiling fans, and plenty of closet space for comfortable everyday living. Additional updates include a new garage roof in 2025 and a house roof that is approximately 8 years old, giving peace of mind for years to come. All new blinds and curtains. The property is built on a crawl space with a very small basement for extra storage. Outside, you'll find a 1-car detached garage and classic colonial curb appeal. Move-in ready and thoughtfully updated, this home blends timeless charm with modern upgrades. A must-see! This home qualifies for up to $10,000 towards down payment, closing cost, for qualifying first-time home buyers, Income restricted program.

28. 2025-12-03
    listed $185,900 Active

    Show marketing remark (1252 chars)

    Beautifully Updated 4-Bedroom Colonial! Welcome to this charming 2-story colonial featuring 4 spacious bedrooms and 2 fully updated bathrooms. This home has been refreshed from top to bottom with fresh paint, light fixtures, new carpet, and new kitchen flooring and countertops. The kitchen includes some new cabinets and a new built-in microwave, offering both modern convenience and style. New furnace installed on 04/06/2026. Both full bathrooms feature new tub surrounds and updated vanities, giving each space a clean, updated feel. Throughout the home, you'll enjoy new lighting fixtures, ceiling fans, and plenty of closet space for comfortable everyday living. Additional updates include a new garage roof in 2025 and a house roof that is approximately 8 years old, giving peace of mind for years to come. All new blinds and curtains. The property is built on a crawl space with a very small basement for extra storage. Outside, you'll find a 1-car detached garage and classic colonial curb appeal. Move-in ready and thoughtfully updated, this home blends timeless charm with modern upgrades. A must-see! This home qualifies for up to $10,000 towards down payment, closing cost, for qualifying first-time home buyers, Income restricted program.

29. 2006-06-16
    historical
30. 2005-11-21
    listed $114,900
31. 2005-03-07
    historical
32. 2004-09-07
    listed $119,000
33. 1997-02-14
    soldstatus $47,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $1,548 · $129/mo
• Projected year-2 tax: $2,045 · $170/mo
• Expected delta: +$496/yr (+$41/mo · 32.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥96°F today · 14 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,271
• − Mortgage interest: −$9,243
• − Property taxes: −$1,548
• − Insurance: −$825
• − Repairs & maintenance: −$1,622
• − Management: −$1,622
• − Depreciation: −$4,800
• Taxable income: $611
• Est. tax owed @ 24.0%: −$147
• After-tax cash flow: $3,110/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Pontiac City School District
• NCES district ID: 2628740
• Math proficiency: 8% ▼ -5.00%
• Reading proficiency: 17% ▼ -3.00%
• Median HH income: $33,888
• Composite: 10.12/100
• National rank: #9802
• State rank: #514 of 540 in MI

Livability — Pontiac

• Score: 64/100
• State rank: #499
• US rank: #14703

Category grades

Amenities F Commute A+ Cost of living A+ Crime F Employment F Housing A+ Health & safety D User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pontiac, MI
• County: Oakland County · 1,009,092 people
• City population: 44,593
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 25,669
• Household income: $47,891
• Rent vs Own: 54.3% rent · 45.7% own
• Severe rent burden: 1460.0

Population outlook (Oakland County) Hauer SSP2

• Today (2025): 1,335,747 people
• By 2030: 1,375,100 · +2.9%
• By 2040: 1,435,385 · +7.5%
• By 2050: 1,469,250 · +10.0%
• By 2075: 1,531,946 · +14.7%
• By 2100: 1,450,485 · +8.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.73)
• Race & ethnicity: Black 31% Hispanic / Latino 31% White 29% Two or more races 22% Asian 4%
• Hispanic origin (detail): Mexican 18% Puerto Rican 7%
• Common ancestry: Lithuanian 2% Romanian 2% Serbian 1%
• Foreign-born: 11% · Canada, China
• Languages at home: 74% English-only · Spanish 23% Other Asian/Pacific 2% Chinese 1%

Political lean MEDSL · Oakland

• 2024 margin: D (+10.6) · D 54.4% · R 43.8% · Other 1.9%
• 2008→2024 swing: -3.9pp toward R · 2008: 14.5pp · 2024: 10.6pp
• All cycles: 2024: D+10.6 2020: D+14.1 2016: D+8.1 2012: D+8.1 2008: D+14.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -295.80%
• Current HPI: 177.961
• Rent YoY: ▲ 4.73%
• Metro: Detroit-Warren-Dearborn, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+251.1% since first listed

33 events — show timeline

• 2026-04-12 Pending — MiRealSource-MiMLS
• 2026-04-12 Pending — REALCOMP
• 2026-04-06 Relisted — MiRealSource-MiMLS
• 2026-04-06 Relisted — REALCOMP
• 2026-03-16 Pending — MiRealSource-MiMLS
• 2026-03-16 Pending — REALCOMP
• 2026-03-07 Contingent — MiRealSource-MiMLS
• 2026-03-07 Contingent — REALCOMP
• 2026-03-02 Pending — MiRealSource-MiMLS
• 2026-03-02 Pending — REALCOMP
• 2026-02-17 Price Changed $165,000 MiRealSource-MiMLS
• 2026-02-16 Price Changed $165,000 REALCOMP
• 2026-02-10 Price Changed $167,500 MiRealSource-MiMLS
• 2026-02-09 Price Changed $167,500 REALCOMP
• 2026-02-04 Price Changed $171,900 MiRealSource-MiMLS
• 2026-02-03 Price Changed $171,900 REALCOMP
• 2026-01-13 Price Changed $173,900 MiRealSource-MiMLS
• 2026-01-13 Price Changed $173,900 REALCOMP
• 2026-01-08 Relisted — REALCOMP
• 2026-01-07 Listing Removed — REALCOMP
• 2026-01-07 Price Changed $175,900 MiRealSource-MiMLS
• 2026-01-06 Price Changed $175,900 REALCOMP
• 2025-12-30 Price Changed $178,900 MiRealSource-MiMLS
• 2025-12-29 Price Changed $178,900 REALCOMP
• 2025-12-12 Price Changed $180,000 MiRealSource-MiMLS
• 2025-12-12 Price Changed $180,000 REALCOMP
• 2025-12-03 Listed $185,900 REALCOMP
• 2025-12-03 Listed $185,900 MiRealSource-MiMLS
• 2006-06-16 Listing Removed — REALCOMP
• 2005-11-21 Listed $114,900 REALCOMP
• 2005-03-07 Listing Removed — REALCOMP
• 2004-09-07 Listed $119,000 REALCOMP
• 1997-02-14 Sold (Public Records) $47,000 Public Records

Property tax history

+5.5%/yr

Latest (2025): $1,548 · +2.8% YoY. Source: county tax records.