NOT LISTED FOR SALE

1013 Grove Ave Royal Oak, MI 48067

Estimated Value: $384,000 - $440,000

3 Beds
2 Baths
1,194 Sq Ft
$340/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $415,000 $348 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,540/month

2 Days on Market

Highlights

  • Ground Level Unit
  • Covered patio or porch
  • Bungalow
  • No HOA
  • 1 Car Detached Garage
  • 4-minute walk to Lockman Park

About This Home

As of August 2023

Don’t miss out on this beautifully updated Royal Oak bungalow. This is the perfect home to entertain family and friends, both inside and outside. Within walking distance to parks and Main Street. Near major highways, shopping, nightlife, and Award-Winning Schools. It is ready for you to move right in!!! You don't need to do a thing to this lovely home! Write your offer today. See, DREAMS DO COME TRUE!

All offers must be received by 7pm on 7-11-23

Last Agent to Sell the Property

Kelly Shier

Realty Executives Home Towne License #6501373440 Listed on: 07/10/2023

Realty Executives Home Towne

Last Buyer's Agent

Denise McMaken

National Realty Centers, Inc License #6501414539

National Realty Centers, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1942 | Remodeled in 2017

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,194 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Finished Basement

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Wall Furnace
  • Back Up Electric Heat Pump System
  • Heating System Uses Natural Gas

Additional Features

  • Covered patio or porch
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Gardenia Grove Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2515279023

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,109

Year Built

Built in 1942 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1942
  • State Equalized Value: 119630.0000
  • Year Renovated: 2017
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 1876
  • Sq Ft Lower Floor: 682
  • Total Sq Ft: 1194
  • Sq Ft Total Bsmt: 682

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Wall/Floor Furnace
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Parcel Number: 2515279023

Tax Info

  • Tax Amount Summer: 2399.0000
  • Tax Amount Winter: 710.0000
  • Total Tax: 3109.0000
  • Taxable Value: 81220.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2023
Closed on
Aug 2, 2023
Sold by
Hart Lindsey
Bought by
Franchi Bruce
Seller's Agent
Kelly Shier
Realty Executives Home Towne
Buyer's Agent
Denise McMaken
National Realty Centers, Inc
List Price
$379,000
Sold Price
$415,000
Premium/Discount to List
$36,000
9.5%
Total Days on Market
2
Views
26
Current Estimated Value
$405,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,490
Avg. Annual Appreciation
-1.26%
Original Mortgage
$332,000
Outstanding Balance
$325,876
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$79,634

Purchase Details

Listed on
Mar 24, 2012
Closed on
May 22, 2012
Sold by
Miller Carole F
Bought by
Michalski Lindsey and Hart Erik
Seller's Agent
Henry Busch
Sell Smart/Kimble-Busch
Buyer's Agent
Stacey Reese
Real Estate One-Troy
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%
Original Mortgage
$135,327
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Franchi Bruce $415,000 None Listed On Document
Michalski Lindsey $1,400,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franchi Bruce $332,000
Previous Owner Michalski Lindsey $22,000
Previous Owner Hart Erik $176,000
Previous Owner Michalski Lindsey $135,327
Previous Owner Miller Carole F $44,094
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2023 08/02/23 Sold $415,000 +9.5% $348 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
07/10/2023 07/10/23 For Sale $379,000 +170.7% $317 / Sq Ft
05/22/2012 05/22/12 Sold $140,000 -3.4% $117 / Sq Ft
04/14/2012 04/14/12 Pending -- -- --
03/24/2012 03/24/12 For Sale $145,000 -- $121 / 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 $4,656 $158,410 $0 $0
2022 $3,109 $119,630 $0 $0
2020 $2,557 $105,640 $0 $0
2018 $3,109 $86,700 $0 $0
2017 $2,803 $86,700 $0 $0
2015 -- $82,610 $0 $0
2014 -- $76,480 $0 $0
2011 -- $65,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230051204

Realcomp

APN: 25-15-279-023