2 months on rocket

9470 Pontiac Lake Rd, White Lake, MI, 48386

$1,160,000

Home List Price

$10,000*

Closing Credit

14 Full Baths, 1 Partial
2,700 SqFt
$430/SqFt
Multi
Schools Nearby

Location

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9470 Pontiac Lake Rd, White Lake$1,160,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1965
HeatingNatural Gas, Baseboard
MLS #20240009340
Lot Size1.72 Acres
StatusActive

About 9470 Pontiac Lake Rd

ATTENTION ALL INVESTORS GREAT OPPORTUNITY IS KNOCKING. LAKE FRONT RENTAL PROPERTY CONSISTS OF 10 ONE-BEDROOM UNITS AND A 6 BED 4 BATH HOUSE DIRECTLY ON ALL SPORTS PONTIAC LAKE. ON A 1.72 ACRES PROPERTY. 9/10 APT UNITS AND HOUSE LEASED WITH POSITIVE INCOME. 5 STUDIO UNITS AND HOUSE ARE RENOVATED. APT 2 UNDER REMODEL. HOUSE TENANT PAYS OWN UTILITIES. THIS PROPERTY IS ALSO A GREAT LOCATION TO BE RE-DEVELOPED FOR A MUCH BIGGER PROJECT TO BUILD A FEW HOMES OR AN APARTMENT COMPLEX WITH A LAKE FRONT. WILLING TO SELL SIMILAR COMPLEX 8941 PONTIAC LAKE RD FOR SAME PRICE. BUYERS MUST CHECK WITH THE CITY FOR APPROVAL FOR RE-DEVELOPMENTS PROJECTS. EMAIL ME FOR FINANCIALS AND ADDITIONAL PHOTOS. PLEASE SHOW CLIENT ALL PHOTOS AND SEND ME PRE-APPROVAL BEFORE REQUESTING A SHOWING.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1965
  • Stories: 1
  • Living Area: 2,700 SqFt

Listing Office:

  • Office Name: 365 REALTY
  • Office Phone: (248) 669-7400
  • Listing Agent: Andrew Dado

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 14

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 1.72 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard

School Info

Assigned Schools Information:

  • White Lake Middle School, Public District Grades 6-8
  • Oxbow Elementary School, Public District Grades EE-5

Other

Directions Information:

  • Directions: M59 TO FISK ROAD LEFT ON PONTIAC LAKE ROAD.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,160,000
  • Price Per SqFt: $430/SqFt
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Housing Market Comparison

See how this home compares to others in White Lake, MI.

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White Lake, MI

City

Med. Sold Price

$387.1K

Med. Price/SqFt

$205

Avg. Days On Market

37

# of Sold Homes

25

9470 Pontiac Lake Rd vs White Lake

74 DAYS ON ROCKET

+37 Days

$1,160,000

+$772.8K More

$430/SqFt

+$225 More

KEY TAKEAWAY

This property is $772.8K more than the Median Sold Price and $225/SqFt more than other homes in White Lake, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240009340

Listing Office:

  • Office Name: 365 REALTY
  • Office Phone: (248) 669-7400
  • Listing Agent: Andrew Dado

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: 5/1/2024, 12:55:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,857

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,544

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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-4020779
4
/10

  • Oxbow Elementary School

  • 100 Oxbow Lake Rd

  • 1.95 miles

  • Public District Grades EE-5

Middle School

school-card-donut-4020780
7
/10

  • White Lake Middle School

  • 1450 Bogie Lake Rd

  • 3.64 miles

  • Public District Grades 6-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,730. Residents of White Lake, MI typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Oakland County›White Lake›48386›9470 Pontiac Lake Rd

This home is located at 9470 Pontiac Lake Rd in White Lake, MI and zip code 48386. This 2,700 square foot home, which was built in 1965, sits on a 1.72 acre lot. Features: 15 bathrooms. It has been listed on Rocket Homes since February 16, 2024 and is currently priced at $1,160,000.

Over 8 listings were sold over their listed price in March 2024 in White Lake, MI. In the same period over 13 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in White Lake, MI between February 2024 and March 2024 increased by 18.6%. In March 2024 median list price was $387,140 and the average listing age was 37 days.

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

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