NOT LISTED FOR SALE

1041 Grove Ave Royal Oak, MI 48067

Estimated Value: $362,663 - $376,000

3 Beds
2 Baths
1,650 Sq Ft
$224/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $343,000 $208 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,438/month

3 Days on Market

Highlights

  • Cathedral Ceiling
  • Fenced Yard
  • Porch
  • Wood Flooring
  • 1.5 Car Detached Garage
  • 3-minute walk to Lockman Park

About This Home

As of October 2022

Welcome to this updated and well-maintained home in Royal Oak! This home offers a great open floor plan for entertaining with a modern kitchen with granite counters that flows into the nook and family room. The nice sized backyard is perfect for cookouts and gatherings with friends and family. You will appreciate the convenience of being able to walk to Lockman Park, Keller Elementary School, as well as downtown Royal Oak's bars, restaurants, and shopping. This is a must see, truly a home in a great location!

Last Agent to Sell the Property

Douglas Seley

Epique Inc. License #MISPE-6501287080 Listed on: 08/31/2022

Epique Inc.

Last Buyer's Agent

Evan Treharne

Hall & Hunter-Birmingham License #RCO-6501392050

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1942

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40x102
  • Street terminates at a dead end
  • Fenced Yard

Home Design

  • Bungalow
  • Split Level Home

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Living Room
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1.5 Car Detached Garage
  • Garage Door Opener
  • On-Street Parking

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Community Details

  • Gardenia Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-15-279-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,625

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow, Split Level
  • Structure Style: 1 1/2 Story
  • Year Built: 1942
  • Mail City: Royal Oak
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: 9 ft + Ceilings, Cable/Internet Avail., Cathedral/Vaulted Ceiling, Ceramic Floors, Hardwood Floors
  • Appliances: Dishwasher, Disposal, Dryer, Humidifier, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Finished, Partially Finished
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 22 x 14
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Entry Level, Dimensions: 12 x 10
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On Entry Level, Dimensions: 11 x 10
  • Bedroom 3 Floor Covering: Wood
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 8 x 8, On Level: Entry, Flooring: Ceramic
  • Bathroom 2: Dimensions: 8 x 8, On Level: Lower
  • Room Types: Living Room, Utility/Laundry Room, Primary Bedroom, Basement Full Bath, First Flr Full Bathroom, Primary Bdrm Suite, Dining "L", Eat-In Kitchen
  • Family Room: On Entry Level, Dimensions: 15 x 13
  • Family Room Floor Covering: Wood
  • Kitchen: On Entry Level, Dimensions: 18 x 15
  • Kitchen Floor Covering: Wood
  • Living Room: On Entry Level, Dimensions: 15 x 13
  • Living Room Floor Covering: Wood
  • Below Grade Sq Ft: 750
  • Finished Below Grade Sq Ft: 450
  • Above Grade Finished Sq Ft: 1200
  • Total Finished Sq Ft: 1650

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Fenced Yard, Patio, Porch, Sidewalks
  • Foundation: Basement
  • Frontage: 40
  • Road: City/County, Curbed, Paved Street, Year Round
  • Out Buildings: Garage(s)

Garage/Parking

  • Garage: Detached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 1.5
  • Parking: 3 or More Spaces, Covered Parking, Garage, On Street, Paved Driveway
  • Garage: Yes

Utilities

  • Heating: Forced Air, Humidifier
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 25-15-279-016
  • Zoning: Residential
  • Lot Dimensions: 40x102
  • Acreage: 0.09
  • Geo Subdivision: MI
  • Site/Lot Features: Dead End, Subdivision, Walk to School, Sidewalks, City Limits

Tax Info

  • Summer Tax: Year: 2021, Amount: $3,702.00
  • Winter Tax: Year: 2021, Amount: $923.00
  • Total Tax: Year: 2021, Amount: $4,625.00

MLS Schools

  • School District: Royal Oak Neighborhood Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2022
Closed on
Oct 14, 2022
Sold by
Terry Troy and Terry Lisa
Bought by
Transou Robert
Seller's Agent
Douglas Seley
Epique Inc.
Buyer's Agent
Evan Treharne
Hall & Hunter-Birmingham
List Price
$324,900
Sold Price
$343,000
Premium/Discount to List
$18,100
5.57%
Total Days on Market
3
Current Estimated Value
$369,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,916
Avg. Annual Appreciation
2.93%
Original Mortgage
$257,250
Outstanding Balance
$248,421
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$121,495

Purchase Details

Closed on
Jun 17, 2020
Sold by
Terry Troy and Terry Lisa
Bought by
Terry Troy and Terry Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 14, 2016
Closed on
Feb 3, 2017
Sold by
Sorgen John
Bought by
Terry Troy and Rosinski Lisa
Seller's Agent
Craig Minoletti
Signature Sotheby's International Realty Bham
Buyer's Agent
Elena Martinovici
Coldwell Banker Professionals Birm
List Price
$234,900
Sold Price
$225,000
Premium/Discount to List
-$9,900
-4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$213,750
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 7, 2016
Closed on
Sep 23, 2016
Sold by
Wilcox Kelly L and Black Kelly
Bought by
Sorgen John
Seller's Agent
Craig Minoletti
Signature Sotheby's International Realty Bham
Buyer's Agent
Craig Minoletti
Signature Sotheby's International Realty Bham
List Price
$159,999
Sold Price
$153,000
Premium/Discount to List
-$6,999
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
191.91%

Purchase Details

Closed on
Oct 22, 2004
Sold by
Gorman Marcia H and Estate Of Kelly L Wilcox
Bought by
Wilcox Kelly L and Wilcox Kirk A
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
Transou Robert $333,000 --
Terry Troy -- Abstract Title Agency
Terry Troy $225,000 Title One Inc
Sorgen John $153,000 Metro Hills Title Agency Llc
Wilcox Kelly L -- --
Gorman Marcia H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Transou Robert $257,250
Previous Owner Terry Troy $204,000
Previous Owner Terry Troy $213,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $343,000 +5.6% $208 / Sq Ft
09/03/2022 09/03/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $324,900 +44.4% $197 / Sq Ft
02/03/2017 02/03/17 Sold $225,000 -4.2% $190 / Sq Ft
01/13/2017 01/13/17 Pending -- -- --
12/14/2016 12/14/16 For Sale $234,900 +53.5% $198 / Sq Ft
09/23/2016 09/23/16 Sold $153,000 -4.4% $129 / Sq Ft
09/13/2016 09/13/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $159,999 -- $135 / Sq Ft
Source: Michigan Multiple Listing Service

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 $4,346 $149,600 $0 $0
2022 $4,596 $132,980 $0 $0
2020 $4,223 $120,840 $0 $0
2018 $4,596 $83,780 $0 $0
2017 $3,439 $83,780 $0 $0
2015 -- $78,930 $0 $0
2014 -- $72,780 $0 $0
2011 -- $61,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50088706

Michigan Multiple Listing Service

APN: 25-15-279-016