228 W Rutgers Avenue

About this home

Move-in ready opportunity! Recently vacated 2-bedroom, 1-bath home in Pontiac with a basement and no garage. Conveniently located near downtown, freeways, parks, and local shopping. This property is ideal for an owner-occupant or investor. According to the seller, recent updates include new wiring, new plumbing, and a boiler with new copper pipes and tank. Listing broker holds contractual equitable interest in the property and may receive consideration from the transaction. Property is being marketed pursuant to a purchase agreement with the seller. Closing will be conducted via contract assignment or double closing, with preference given to assignment. Seller to provide marketable title at closing. Title commitment available. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including transfer taxes, title insurance, closing fees. Sold AS IS - Buyer to verify all information listed

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Pontiac

Over the last 90 days, 117 homes sold in Pontiac for a median of $147,200, about $107 per square foot, and the typical one went under contract in 16 days. This home is listed at $90,000, or $114 per square foot, 7% above the city median, and has been on the market 1 day. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Pontiac sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $903 a year. A buyer who lives here would pay about $571 to $1,744 a year once the taxable value resets after the sale, at the 2025 homestead rate of 38.37 mills for Pontiac City and Pontiac schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

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