Charming 1900 bungalow transformed into a three-unit multi-family residence. A cozy interior corridor connects two units on the first floor (a studio and a one-bedroom) while the second floor features a spacious one-bedroom with a den. Currently, both one-bedroom units are leased, while the studio is available following a recent vacancy. With potential monthly rents exceeding $2,000, this property is conveniently situated near downtown, the hospital, and the expressway. Turnkey rental property. Showings are available upon submission of a Letter of Intent (LOI). Buyer to verify all information (BTVAI).
Sold for $150,000
$150,000
88 Palmer St, Pontiac, MI 48341
2beds
1,446sqft
Multi Family
Built in 1900
-- sqft lot
$154,600 Zestimate®
$104/sqft
$1,631 Estimated rent
Home value
$154,600
$142,000 - $167,000
$1,631/mo
Zestimate® history
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$1,631/mo
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$1,038/mo
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Zillow last checked:
Listing updated:
Listed by:
Christopher Cichocki 586-843-7538,
Select Real Estate Professionals
Bought with:
Lindsay Anderson, 6501411928
EXP Realty
Source: Realcomp II,MLS#: 20240008975
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Natural Gas
Cooling
- Ceiling Fans, Window Units
Appliances
- Laundry: Gas Dryer Hookup, Washer Hookup
Features
- Basement: Full,Interior Entry,Partially Finished
- Has fireplace: No
Interior area
- Total interior livable area: 1,446 sqft
- Finished area above ground: 1,346
- Finished area below ground: 100
Property
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Covered
- Pool features: None
Lot
- Size: 3,049 sqft
- Dimensions: 53 x 67
Details
- Parcel number: 1429357007
- Zoning description: Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Basement, Block
- Roof: Asphalt,Composition
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Pontiac
- Subdivision: FOREST LAWN ADD
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/7/2024 | Sold | $150,000-3.2%$104/sqft |
Source:  Realcomp II #20240008975 Report a problem | ||
| 5/14/2024 | Pending sale | $154,999$107/sqft |
Source: Realcomp II #20240008975 Report a problem | ||
| 5/6/2024 | Price change | $154,999-6.1%$107/sqft |
Source: Realcomp II #20240008975 Report a problem | ||
| 2/27/2024 | Listed for sale | $164,999$114/sqft |
Source: Realcomp II #20240008975 Report a problem | ||
| 2/23/2024 | Pending sale | $164,999$114/sqft |
Source: Realcomp II #20240008975 Report a problem | ||
| 2/15/2024 | Listed for sale | $164,999+26.9%$114/sqft |
Source: Realcomp II #20240008975 Report a problem | ||
| 6/14/2022 | Sold | $130,000+37%$90/sqft |
Source: Public Record Report a problem | ||
| 4/26/2016 | Listing removed | $94,900$66/sqft |
Source: CENTURY 21 Today, Inc. #216017036 Report a problem | ||
| 2/24/2016 | Listed for sale | $94,900+830.4%$66/sqft |
Source: Century 21 Today-Bloomfield Hills #216017036 Report a problem | ||
| 12/21/2012 | Sold | $10,200-4.7%$7/sqft |
Source:  MiRealSource #31124879 Report a problem | ||
| 10/30/2012 | Price change | $10,700-87%$7/sqft |
Source: RE/MAX Showcase Homes #31124879 Report a problem | ||
| 10/26/2012 | Listed for sale | -- |
Source: Homepath Report a problem | ||
| 8/7/2012 | Sold | $82,470+314.4%$57/sqft |
Source: Public Record Report a problem | ||
| 11/13/2011 | Listing removed | $19,900$14/sqft |
Source: INSIDE REALTY, LLC #211098709 Report a problem | ||
| 10/13/2011 | Price change | $19,900-13.7%$14/sqft |
Source: INSIDE REALTY, LLC #211098709 Report a problem | ||
| 9/18/2011 | Listed for sale | $23,050$16/sqft |
Source: INSIDE REALTY, LLC #211098709 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,084 +101.7% | $38,510 +19.3% |
| 2023 | $1,033 +9.2% | $32,270 +8.9% |
| 2022 | $946 -0.4% | $29,640 +12.9% |
| 2021 | $950 | $26,250 +12% |
| 2020 | -- | $23,440 +12% |
| 2019 | $746 -3.9% | $20,920 +11% |
| 2018 | $777 | $18,840 +6.2% |
| 2017 | -- | $17,740 +10% |
| 2016 | -- | $16,120 +15% |
| 2015 | -- | $14,020 +10.3% |
| 2014 | -- | $12,710 -27.6% |
| 2011 | -- | $17,560 -23.7% |
| 2010 | $1,108 +0.7% | $23,020 -20.1% |
| 2009 | $1,100 +17.1% | $28,800 -42.4% |
| 2005 | $939 | $50,020 +72% |
| 2003 | -- | $29,080 +7.7% |
| 2002 | -- | $26,990 +64.9% |
| 2001 | $1,014 +2.8% | $16,370 +3.2% |
| 2000 | $986 | $15,870 |
Find assessor info on the county website
Neighborhood: 48341
Nearby schools
GreatSchools rating
- 3/10Whitman Elementary SchoolGrades: K-5Distance: 1.6 mi
- 3/10Pontiac Middle SchoolGrades: 6-8Distance: 2.9 mi
- 3/10Pontiac High SchoolGrades: 9-12Distance: 3 mi
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Estimated market value
$154,600
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$154,600
- Michigan
- Oakland County
- Pontiac
- 48341
- 88 Palmer St
Nearby cities
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Other Pontiac Topics
