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694 Melrose St

Pontiac, MI 48340

4 bd 1 ba 1,434 sqft Built 1928 Lot 6,098 sqft single_family
Most recent sale
$159,000
Jun 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 8, 2022 Sold $159,000 Public Record
May 26, 2022 Sold $159,000 Realcomp
Apr 21, 2022 Listed $150,000 MLS #2220028495
Nov 14, 2000 Sold $97,500 Public Record
Jul 28, 1998 Sold $63,005 Public Record
Dec 26, 1990 Sold $30,000 Public Record
Jan 5, 1989 Sold $22,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $56,810 $1,942
2023 $48,970 $1,952
2022 $42,170 $719
2021 $37,140 $605
2020 $33,210 $707
2019 $27,970 $673
2018 $24,180 $642
2017 $22,810 $611
2016 $18,930 $638
2015 $17,090 $593
2014 $16,530 $681
2013 $15,050 $685
2012 $21,790 $946
2011 $29,980 $1,158
2010 $34,520 $1,244
2009 $43,940 $1,559
2008 $54,900 $1,540
2007 $58,650 $1,612

Property facts

Year built
1928
Property type
single_family
Stories
2
Beds
4
Baths
1
Living area
1,434 sqft
Lot size
6,098 sqft
ZIP code
48340
City
Pontiac
Street
Melrose St
Coordinates
42.65734, -83.26524

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$954
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 694 Melrose St last sell?
694 Melrose St most recently sold on Jun 8, 2022 for $159,000.
What is the current tax assessment for 694 Melrose St?
The most recent total assessment for 694 Melrose St (year 2025) is $56,810 with $1,942 in property tax.
How does 694 Melrose St's assessment compare to its last sale price?
The current assessment is 64.3% below the last sale price of $159,000.
When was 694 Melrose St built?
694 Melrose St was built in 1928.
How does 694 Melrose St compare to others on Melrose St?
We track 8 other properties on Melrose St. Browse the list under "Other properties on Melrose St" to compare beds, baths, and sale history.
What are the property facts for 694 Melrose St?
694 Melrose St is a 4 bed, 1 bath, 1,434 sqft, 6,098 sqft lot single_family.
Is 694 Melrose St a flip candidate?
No — 694 Melrose St does not appear in our flips dataset.
Is 694 Melrose St a tax-appeal candidate?
No — 694 Melrose St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.6%
Implied 1-yr
+26.2%
2026 Q1
$179.6K
2026 Q2
$187.9K
ZIP 48340 — Median Price History + Forecast

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