601 3rd AVE , Pontiac, MI 48340
Est. $831/mo with current taxes · · See the breakdown
About this home
Priced below market value, this Pontiac bungalow presents an excellent opportunity for both owner-occupants and investors! Featuring 3 bedrooms, 1 bathroom, original hardwood flooring throughout the main level, and a full unfinished basement offering additional storage or the potential for expanded living space. The property also features a large, fenced backyard with plenty of room to enjoy outdoor activities, entertain, or create your own outdoor retreat. Whether you're looking to make this home your own or add another property to your investment portfolio, this home offers plenty of possibilities and room to build equity. Conveniently located near shopping, schools, places of worship, parks, and everyday amenities. Don't miss this opportunity to purchase below market value!
Monthly payment
The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then.The uncapped tax line is this home's bill after it uncaps: half the price times 38.37 mills, the 2025 homestead rate here. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.
The facts
| Price | $90,000 |
| Beds | 3 |
| Baths | 1 full |
| Square feet | 1,006 |
| Type | Single family residence |
| Subdivision | JOSLYN GARDENS |
| County | Oakland |
| MLS # | 20261087724 |
| Listed | 2026-10-30 |
| Days on market | 4 |
| Year built | 1945 |
| Possession | At closing |
| Stories | 1.5 stories |
| Basement | Full, Unfinished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Block |
| Water / Sewer | City water & sewer |
| Parcel number | 1416402025 |
| Listing office | Keller Williams Legacy |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $16,080 | about $45,000 |
| Yearly property tax | $983 | about $1,727 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $744 a year more than this seller pays. The assessor's state equalized value (SEV) is $38,180. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Pontiac's 2025 homestead rate of 38.37 mills and assumes you claim the homestead exemption. See Pontiac's full tax breakdown or run the uncapping calculator.
Location
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-03T10:57+00:00; refreshed at least twice daily.