Pending
551 Nebraska Avenue, Pontiac, MI 48341
$140,000
MLS # 20261048478 (Realcomp)
3 beds2 baths1,247 sqftBuilt 19310.19 acres
1 / 30
Listing Description
This distinguished single-family residence at 551 Nebraska Ave presents a unique opportunity for discerning buyers seeking a home with enduring character, sitting on two lots giving the home a spacious yard with potential. The residence offers three bedrooms, providing comfortable spaces. Complementing the living quarters are two full bathrooms, one in the master bedroom designed to accommodate the needs of the household. We invite you to discover the potential within this established home.
Source: SparkMLS
About this home
Located in Pontiac in Pontiac, this property offers 3-bedroom, 2-bath, 1,247 sq ft, with original construction dating to 1931.
Currently offered at $140,000 (about $112/sq ft).
Property tax estimate: $974 per year ($81/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
Bedrooms3
Bathrooms2
Living Area1,247 sqft
Lot Size0.19 acres
Year Built1931
Stories1
Location
CityPontiac
MunicipalityPontiac
Zip Code48341
CountyOakland
School DistrictPontiac
Construction & Systems
ConstructionAluminum Siding
BasementCrawl Space, Michigan Basement
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/28/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$974
State Equalized Value$39,080
Taxable Value$15,930
Parcel #1905205013
Source: Public Records
Legal Description
T2N, R10E, SEC 05 WILSON PARK LOT 264 & 265
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Griselda Guzman
Keller Williams Legacy
Frequently Asked Questions about 551 Nebraska Avenue, Pontiac, MI 48341
Which school district serves 551 Nebraska Avenue, Pontiac, MI 48341?
Per MLS# 20261048478, 551 Nebraska Avenue, Pontiac, MI 48341 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# 20261048478, this listing accepts Cash, Conventional, FHA, 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 551 Nebraska Avenue, Pontiac, MI 48341?
Per public tax records, annual property taxes for this property are $974. 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, 551 Nebraska Avenue, Pontiac, MI 48341 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 551 Nebraska Avenue, Pontiac, MI 48341 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 551 Nebraska Avenue, Pontiac, MI 48341?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Water: 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.
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Monthly payment$908
Principal & interest$908
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
551 Nebraska Avenue, Pontiac, MI 48341
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Municipality
Pontiac
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County
Oakland County
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