For Sale
398 N Saginaw Street, Pontiac, MI 48342
$250,000
MLS # 20261008952 (Realcomp)
4 beds2 baths1,620 sqftBuilt 19100.16 acres
1 / 73
Listing Description
Welcome to this beautiful spacious and versatile 4-bedroom, 2 full-bath home offering incredible value! Featuring two full kitchens, this property provides flexible living options perfect for extended family, multi-generational living, or potential rental opportunities. The full basement adds even more usable space for storage, entertaining, or future finishing. Outside, you’ll find a 2.5-car detached garage with full power and a generously sized yard, ideal for additional parking, hobbies, or outdoor gatherings. Conveniently located near Downtown Pontiac, Great Lakes Crossing, restaurants, M-59, and I-75 a, this home combines space, functionality, and affordability all in one. Don’t miss this unique opportunity schedule your showing today! Home warranty included for 1 year worry free maintenance. Creative financing. Land contract terms are available with $75,000 down payment at 7% interest with a monthly payment of $1904.72 over the course of 11 years with no pre-payment penalty. One year home warranty included for maintenance free living. This property qualifies for all of these incentives 0–3% Down Payment – Making homeownership more accessible. No PMI (Private Mortgage Insurance) = Lower monthly payments. $3,500–$10,500 in Down Payment Grants that are fully forgiven after 5 total but 20% after each year. NOTE: PLEASE SEE CAP CALCULATOR IN THE LAST 4 PHOTOS THAT SHOWS THE POTENTIAL
Source: SparkMLS
About this home
4-bedroom, 2-bath, 1,620 sq ft home in Pontiac in Pontiac built in 1910.
Listed at $250,000 (about $154/sq ft).
Property tax estimate: $2,647 per year ($221/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms2
Living Area1,620 sqft
Lot Size0.16 acres
Year Built1910
Stories2
Location
CityPontiac
MunicipalityPontiac
Zip Code48342
CountyOakland
School DistrictPontiac
Construction & Systems
ConstructionOther
Garage2.5 spaces
HeatingForced Air
SewerPublic
InteriorHome Warranty
Sale & Financing
Listed3/17/2026
Terms AcceptedCash, Conventional, FHA, Land Contract, Rural Development, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$2,647
State Equalized Value$45,940
Taxable Value$26,470
Parcel #1429226005
Source: Public Records
Legal Description
T3N, R10E, SEC 29 POUND ADDITION LOT 1
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by James J Toma
Brookstone, Realtors LLC
Frequently Asked Questions about 398 N Saginaw Street, Pontiac, MI 48342
Which school district serves 398 N Saginaw Street, Pontiac, MI 48342?
Per MLS# 20261008952, 398 N Saginaw Street, Pontiac, MI 48342 is in the Pontiac boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Pontiac directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20261008952, this listing accepts Cash, Conventional, FHA, Land Contract, Rural Development, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 398 N Saginaw Street, Pontiac, MI 48342?
Per public tax records, annual property taxes for this property are $2,647. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 398 N Saginaw Street, Pontiac, MI 48342 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 398 N Saginaw Street, Pontiac, MI 48342 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 398 N Saginaw Street, Pontiac, MI 48342?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Mortgage Calculator
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Monthly payment$1,621
Principal & interest$1,621
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
398 N Saginaw Street, Pontiac, MI 48342
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Municipality
Pontiac
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County
Oakland County
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