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$475,000

Beds
5
Baths
3.5
sq ft
3,192

216 Cherokee Rd, Pontiac, MI 48341

216 Cherokee Rd

Pontiac, MI 48341

  • 1 day on market
Charming Historic Home in Indian Village: MOVE-IN READY! Nestled in the heart of Pontiac’s renowned Indian Village Historic District, this stunning home is a rare gem that blends timeless character with modern comfort. From the moment you step inside, you’ll be captivated by its spacious footprint, intricate architectural details, and endless possibilities for every room. Featuring grand living and dining spaces, original hardwood floors, and beautiful built-ins, this home radiates warmth and elegance. The oversized rooms allow for multiple layout options, perfect for entertaining, a home office, or cozy retreats. The updated kitchen maintains its historic charm while offering modern convenience. Upstairs, large bedrooms with ample natural light provide flexible space to suit your needs. The charm continues with original doors, moldings, and unique accents that make this home truly special. When you walk through the house, you will feel the possibilities for your unique vision. Enjoy a peaceful neighborhood setting with the convenience of nearby shopping at Great Lakes Crossing, dining, and easy access to major highways (M-59, M-24, I-75, and Woodward Ave). This move-in-ready beauty won’t last long! Don’t miss your chance to own a piece of history. Schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$422,519

Lot size

7,841 sq ft

Price per sq ft

$149

Year built

1931

Annual property taxes

$6,786

Price History

03/14/2025
Realcomp

Realcomp #20250017209

Listed
$475,000
+29.43%
07/08/2022
Realcomp

Realcomp #2220035481

Sold
$367,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Pontiac

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$102,054
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$334,946
Cash to seller
$102,054

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Ross Mortgage Corp

Loan start date

July 2022

Original loan amount

$348,650

Est. remaining balance

$334,946

Interest rate

5.25%

Loan type

New Conventional, 30 year

Seller

Kris Johnson and Ludgarde Fall Johnson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/15/2025 at 6:10 PM

Listing updated: 03/15/2025 at 11:24 AM

Listed by: Noah Jackson, SimpliHom Phone #: (248) 398-9200

MLS: Realcomp #20250017209

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