tomo logo

$114,900

Beds
3
Baths
1.5
sq ft
1,240

381 South Blvd W, Pontiac, MI 48341

381 South Blvd W

Pontiac, MI 48341

  • 26 days on market
    • Price drop $5,000↓
Welcome to 381 South Blvd! Where opportunity awaits, whether you are a first time home buyer who enjoys the thought putting some sweat equity into their own home to gain instant equity! (Area comps are $150K+). Maybe you are an investor looking to capitalize on surging rental rates (Previously rented at $1400/M) .This is sure to be one for your lists! This Ranch home has 3 Bedrooms, and a rare 1.5 Bathrooms, a Formal Living room, Family Room and Dining room, a Nice Layout with separation between the primary bedroom with its own private lavatory and the other two rooms. Come check this one out, before the spring rush, and it's gone!

Details

Property type

Single Family Residence

Est. home value

$111,853

Lot size

4,792 sq ft

Price per sq ft

$93

Year built

1955

Annual property taxes

$1,650

Price History

02/21/2025
Realcomp

Realcomp #20250006092

Price change
$114,900
-4.17%
02/07/2025
Realcomp

Realcomp #20250006092

Price change
$119,900
-6.25%
01/28/2025
Realcomp

Realcomp #20250006092

Listed
$127,900
+16.27%

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

$22,233
Asking price
$114,900
Closing costs (~8% of asking)
-$9,192
Est. remaining loan balance
-$83,475
Cash to seller
$22,233

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

Seller’s Loan History

Lender

Ghmc

Loan start date

April 2022

Original loan amount

$88,000

Est. remaining balance

$83,475

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Lenyic Ngbogbara and Edgar Butler

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?

Similar Homes Nearby

Realcomp
$120,000
3 bd
|
1 ba
|
997 sq ft
|
House

1148 Maurer Ave, Pontiac, MI 48342

Price drop
Realcomp
$132,500
3 bd
|
1 ba
|
948 sq ft
|
House

927 Fairview Ave, Pontiac, MI 48340

Price drop
Realcomp
$129,900
3 bd
|
1 ba
|
882 sq ft
|
House

275 South Blvd W, Pontiac, MI 48341

Status: Active

Tomo last checked: 02/23/2025 at 9:40 PM

Listing updated: 02/21/2025 at 12:34 PM

Listed by: Edgar Butler, Edgar Butler, @properties Christie's Int'l R.E. Birmingham@properties Christie's Int'l R.E. Birmingham Phone #: (248) 850-8632

MLS: Realcomp #20250006092

Realcomp logo

Recently listed in Pontiac

$409,900|3 bd|2.5 ba|House
$120,000|2 bd|1.0 ba|House
$159,900|2 bd|2.0 ba|Townhouse
$169,900|3 bd|1.0 ba|House
$139,900|3 bd|1.0 ba|House
$119,900|4 bd|2.0 ba|House
$249,999|4 bd|2.5 ba|House
$159,000|3 bd|1.0 ba|House
$119,500|2 bd|1.0 ba|House
$165,000|3 bd|1.0 ba|House