RENTED FEB 4, 2026

1031 E 4th St Royal Oak, MI 48067

Estimated Value: $213,000 - $274,000

2 Beds
1 Bath
918 Sq Ft
$261/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $174,000 $190 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,684/month

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • 1 Car Detached Garage
  • Keller Elementary Rated A-
  • No HOA
  • 3-minute walk to Marks Park

About This Home

As of February 2026

Come check out this incredible two-bedroom townhouse just a stone's throw away from downtown Royal Oak! The kitchen and bathroom have been completely renovated and are absolutely stunning! custom open shelving, subway tile walls and backsplash, and new flooring! The updated bathroom features all new tile in the tub/shower area, floor-to-ceiling tile outside the tub area, new flooring, lighting, and a new vanity! Hardwood floors and freshly painted neutral gray walls run throughout the townhouse. The principal bedroom has a walk-in closet and additional linen/storage closet, while the second bedroom is perfect for a home office or guest room. The basement is a bonus space with freshly painted walls, epoxy-coated floors, and newer laundry appliances! The outdoor area is spacious and perfect for lounging, gardening, and entertaining! This townhouse is conveniently located near downtown Royal Oak, major freeways, shopping, and neighboring cities like Ferndale, Hazel Park, Clawson, and Berkley. Don't miss out on this amazing opportunity!

Last Agent to Rent the Property

Jack Liang

AutoCity Realty LLC License #6501384766 Listed on: 11/24/2025

Last Renter's Agent

Kera Grubb

Innovation Real Estate Specialists Inc. License #6501430247

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1944

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 43.00 x 90.00

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 918 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Fourth Avenue Sub Subdivision

Listing and Financial Details

  • Security Deposit $2,700
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 40.00
  • Assessor Parcel Number 2522205035

Home Details

Home Type

Single Family

Year Built

Built in 1944

Lot Details

0

Rental Info

  • Application Fee: 40.00
  • Lease Type: Single Family House
  • Security Deposit: 2700.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1944
  • Entry Location: Ground Level
  • Pets Allowed: Call
  • AgentOnly_ListPriceByAcre: 18888.8800
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 918

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 300.00

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 43.00 x 90.00
  • Parcel Number: 2522205035

Multi Family

  • Length of Lease: 12 Months, 13-24 Months

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
Dec 15, 2020
Sold by
Missaghi Homayoon
Bought by
Lai Kevin
Seller's Agent
Tim Hillmer
Century 21 Curran & Oberski
Buyer's Agent
Ali Alaouie
Pro, REALTORS®
List Price
$179,998
Sold Price
$174,000
Premium/Discount to List
-$5,998
-3.33%
Current Estimated Value
$239,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,299
Avg. Annual Appreciation
6.40%
Original Mortgage
$138,960
Outstanding Balance
$124,363
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$114,936
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lai Kevin $174,000 Michigan Title Ins Agcy Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lai Kevin $138,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2026 02/04/26 Rented $1,700 0.0% --
02/03/2026 02/03/26 Under Contract -- -- --
12/11/2025 12/11/25 Price Changed $1,700 -5.6% $2 / Sq Ft
11/24/2025 11/24/25 For Rent $1,800 0.0% --
12/15/2020 12/15/20 Sold $174,000 -3.3% $190 / Sq Ft View Prior Sale
11/02/2020 11/02/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $179,998 -- $196 / Sq Ft
Source: Realcomp

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
2025 $4,970 $109,480 $0 $0
2024 $4,147 $91,970 $0 $0
2022 $3,100 $82,900 $0 $0
2020 $4,000 $72,880 $0 $0
2018 $3,100 $64,040 $0 $0
2017 $2,628 $64,040 $0 $0
2015 -- $54,640 $0 $0
2014 -- $48,700 $0 $0
2011 -- $53,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20251056321

Realcomp

APN: 25-22-205-035