244 Osmun Street
Pontiac, MI 48342
Improved Land · MLS # 20261091364 · Listing courtesy of 4Houses Realty, LLC
About this home
Great location for an investment or starter homes. Build your next home or investment opportunity on these residential lots located in Pontiac. Ideal for new construction, this property offers the flexibility to build custom single-family homes or explore the opportunity for duplex construction, subject to municipal approval and owner-occupancy requirements. All lots will be sold together. Please direct any questions regarding building to the City of Pontiac Building Department. Please bring all reasonable offers. Send offers in 1 PDF and include completed offer and submission sheet. Please bring all reasonable offers.
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 $40,000, 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 $106 a year. A buyer who lives here would pay about $72 to $775 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
Similar homes in Pontiac
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