12 days on rocket

Sale Pending

1023 Cherrylawn Dr, Pontiac, MI, 48340

$59,500

Home List Price

$707*

Closing Credit

2 Bedrooms
1 Full Bath
700 SqFt
$85/SqFt
House
Schools Nearby

Location

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1023 Cherrylawn Dr, Pontiac$59,500

Buyer Closing Credits

$707*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1938
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240027382
Lot Size0.22 Acres
StatusSale Pending
(Pending)

About 1023 Cherrylawn Dr

INVESTORS/HOMEOWNERS/PURCHASERS--Here your chance. Put in some elbow grease and voila! A house with architectural charm. Nice lot that is partially fenced. One car garage. Beats rent. Immediate occupancy. An "as is" purchase. All measurements are estimated. Listing agent is related to seller.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1938
  • Stories: 1
  • Living Area: 700 SqFt

Listing Office:

  • Office Name: Signature Sotheby's International Realty Bham
  • Office Phone: (248) 644-7000
  • Listing Agent: Bonnie Valuet

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

Assigned Schools Information:

  • Pontiac High School, Public District Grades 10-12
  • Alcott School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Telegraph to E on Kennett to N on Cherrylawn

Price Information

Listing Price Info

Price Summary:

  • List Price: $59,500
  • Price Per SqFt: $85/SqFt

Tax Information:

  • Annual Amount: $736
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Pontiac, MI.

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Pontiac, MI

City

Med. Sold Price

$135K

Med. Price/SqFt

$119

Avg. Days On Market

38

# of Sold Homes

37

1023 Cherrylawn Dr vs Pontiac

12 DAYS ON ROCKET

-26 Days

$59,500

-$75.5K Less

$85/SqFt

-$35 Less

KEY TAKEAWAY

This property is $75.5K less than the Median Sold Price and $35/SqFt less than other homes in Pontiac, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240027382

Listing Office:

  • Office Name: Signature Sotheby's International Realty Bham
  • Office Phone: (248) 644-7000
  • Listing Agent: Bonnie Valuet

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/23/2024, 10:20:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$736$20,000
2020$701$17,730
2018$668$14,020
2017$644$13,340

History based on county public records data.

Payment Calculator

$364

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$245

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-590747
2
/10

  • Alcott School

  • 460 W Kennett Rd

  • 0.23 miles

  • Public District Grades KG-6

High School

school-card-donut-590748
2
/10

  • Pontiac High School

  • 1051 Arlene Ave

  • 2.23 miles

  • Public District Grades 10-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,389. Typical income of Pontiac, MI residents is less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1023 Cherrylawn Dr

What is the listing price of this property?

The listing price of 1023 Cherrylawn Dr property is $59,500.

What type of property is this?

The property 1023 Cherrylawn Dr is a house located in Pontiac, Michigan, 48340.

Is this property for sale now?

Sale Pending: 1023 Cherrylawn Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1023 Cherrylawn Dr are:
Alcott School: GreatSchools Rating 2/10
Pontiac High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $736 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1023 Cherrylawn Dr has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1023 Cherrylawn Dr is 700 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1023 Cherrylawn Dr is 1938.

Rocket Homes›Michigan›Oakland County›Pontiac›48340›1023 Cherrylawn Dr

This home is located at 1023 Cherrylawn Dr in Pontiac, MI and zip code 48340. This 700 square foot home, which was built in 1938, sits on a 0.22 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 11, 2024 and is currently priced at $59,500.

Over 10 listings were sold over their listed price in April 2024 in Pontiac, MI. In the same period over 17 listings were sold below the listed price and 10 listings were sold for the listed price. The number of homes for sale in Pontiac, MI decreased by 6.4% between March 2024 and April 2024. Listings spent 38 days on the market in April 2024, and had a median list price of $135,006 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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