NOT LISTED FOR SALE

1002 S Lafayette Ave Royal Oak, MI 48067

Estimated Value: $608,402 - $746,000

4 Beds
3 Baths
2,555 Sq Ft
$263/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $507,000 $198 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,078/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • Covered Patio or Porch
  • Northwood Elementary School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of June 2018

Multiple offers! Highest & Best by 12pm 5/19. This classic American Four Square is located downtown, just steps from all that Royal Oak has to offer, has been beautifully maintained with many recent improvements including new windows, air conditioning, modernized electrical, rebuilt fireplace and tear off roof. A full width front porch welcomes you home and provides the perfect retreat to enjoy a cup of coffee or cocktail. Enter in to the foyer which leads to the large living room with natural fireplace. The dining room is light filled with leaded glass, French doors leading to a sun parlor. The kitchen and mud room is command central for those with a busy lifestyle. A generous office/library (possible entry level/5th bedroom) and powder room (plumbed for a shower) completes the entry level. The upper level boasts large bedrooms, generous full bath and loads of storage. Full stair case leads to an unfinished 3rd story. Attached 2 car garage enters in to the lower level.

Last Agent to Sell the Property

Kristyn Drury

Urban Ridge Realty LLC License #6502393202 Listed on: 05/16/2018

Last Buyer's Agent

Lora Kazanjian

Max Broock, REALTORS®-Birmingham License #6501313076

Max Broock, REALTORS®-Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1916

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.91x120
  • Fenced
  • Corner Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,555 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Shed

Utilities

  • Central Air
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Storz & Lawson Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2521409019

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,675

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 13
  • Total Bedrooms: 4
  • Total Bathrooms: 1.20
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2555
  • Total Sq Ft: 2555
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Construction Features: Platted Sub.
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 51
  • Porch Type: Patio, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Basement Access, Door Opener, Electricity, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Steam
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • List Price per Acre: 3207142.8571
  • Lot Features: Corner Lot
  • Lot Size Area: 0.14
  • Lot Dimensions: 50.91X120
  • Parcel Number: 2521409019

Tax Info

  • Tax Amount Summer: 5355.0000
  • Tax Amount Winter: 1320.0000
  • Total Tax: 6675.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2018
Closed on
Jun 29, 2018
Sold by
Boivin Peter E and Boivin Jennifer
Bought by
Mcginnis Joseph Charles
Seller's Agent
Kristyn Drury
Urban Ridge Realty LLC
Buyer's Agent
Lora Kazanjian
Max Broock, REALTORS®-Birmingham
List Price
$449,000
Sold Price
$507,000
Premium/Discount to List
$58,000
12.92%
Current Estimated Value
$671,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,851
Avg. Annual Appreciation
3.91%
Original Mortgage
$304,200
Outstanding Balance
$264,218
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$407,633

Purchase Details

Closed on
Mar 24, 2006
Sold by
Reiz Paul M and Borzym Elizabeth M
Bought by
Boivin Peter E and Boivin Jennifer
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcginnis Joseph Charles $507,000 None Available
Boivin Peter E $475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcginnis Joseph Charles $304,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $507,000 +12.9% $198 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $449,000 -- $176 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,654 $237,840 $0 $0
2022 $7,420 $210,170 $0 $0
2020 $6,179 $185,040 $0 $0
2018 $7,420 $187,440 $0 $0
2017 $6,675 $187,440 $0 $0
2015 -- $169,750 $0 $0
2014 -- $148,440 $0 $0
2011 -- $148,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218042320

Realcomp

APN: 25-21-409-019