NOT LISTED FOR SALE

1102 Park Ave Royal Oak, MI 48067

Estimated Value: $391,000 - $498,000

3 Beds
3 Baths
1,303 Sq Ft
$353/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $430,000 $330 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,856/month

10 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • 2 Car Detached Garage
  • Northwood Elementary School Rated A-
  • Stainless Steel Appliances
  • 3-minute walk to Fernwood Park

About This Home

As of July 2023

OPEN HOUSE HAS BEEN CANCELLED!
This charming 1925 Bungalow boasts a beautiful design, complete with a large, covered porch featuring a hanging swing. Over the past few years, this home has undergone numerous updates, including new kitchen cabinets with a Corian countertop and Newer sleek stainless-steel appliances. The master bedroom has been recently upgraded, offering a spacious walk-in closet and an updated master bathroom. The living room and lower bedrooms showcase refinished hardwood floors that add warmth and character. Several additional improvements have been made, such as a new roof in 2016, a new 50-gallon hot water tank, increased attic insulation (blown in), and spray foam applied around the rim joists, "Pearl Certified". The exterior fresh paint in 2017, a new fireplace liner was installed in 2018, and storm doors were added in 2016 and 2022. The home also features a Nest Thermostat and a new battery for the sump pump backup system. A new brick paver patio was added in 2020, along with an EV junction box in the gaage. In 2022, the sewer line was jetted out, and plantation shutters were installed in 2016. Leaf Filter Gutter Guards were also added to enhance convenience and maintenance. Additionally, there is a valuable bonus—an additional easement of 30 feet by 120 feet, attached to the lot. This easement is leased from Consumer's Energy for a nominal fee of $50 per year, effectively expanding the back area almost twofold. Buyers are advised to verify all provided information. Above grade square footage is 1303 . Please note that a licensed real estate agent must be physically present for all showings, as per the seller's instructions. No exceptions. ***Hot Tub, washer and dryer not included in Sale.

Last Agent to Sell the Property

Richard Harrison

Berkshire Hathaway HomeServices Kee Realty Bham License #6502413059 Listed on: 06/09/2023

Berkshire Hathaway HomeServices Kee Realty Bham

Last Buyer's Agent

Richard Harrison

Berkshire Hathaway HomeServices Kee Realty Bham License #6502413059 Listed on: 06/09/2023

Berkshire Hathaway HomeServices Kee Realty Bham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1925 | Remodeled in 2016

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 120.00 x 45.00
  • Back Yard Fenced

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Chimney Cap

Interior Spaces

  • 1,303 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Partially Finished Basement

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2516378004

Community Details

Overview

  • No Home Owners Association
  • Woodcrest Sub Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,960

Year Built

Built in 1925 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Warranty: Yes
  • Year Built: 1925
  • State Equalized Value: 144250.0000
  • Year Renovated: 2016
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Cats OK | Dogs OK | Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: 100 Amp Service, Cable Available, Circuit Breakers, Programmable Thermostat, Furnished - No
  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s)
  • Total Sq Ft: 1303

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Chimney Cap(s), Fenced
  • Foundation Materials: Block
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved
  • Sideof Street: W
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Door Opener, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.12
  • Lot Dimensions: 120.00 x 45.00
  • Parcel Number: 2516378004

Green Features

  • Green Energy Efficient: Windows | Thermostat

Tax Info

  • Tax Amount Summer: 3828.0000
  • Tax Amount Winter: 1132.0000
  • Total Tax: 4960.0000
  • Taxable Value: 129580.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Jul 14, 2023
Sold by
Smith Benjamin
Bought by
Williams Addison
Seller's Agent
Richard Harrison
Berkshire Hathaway HomeServices Kee Realty Bham
Buyer's Agent
Richard Harrison
Real Living Kee Realty-Troy
List Price
$400,000
Sold Price
$430,000
Premium/Discount to List
$30,000
7.5%
Views
90
Current Estimated Value
$459,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,957
Avg. Annual Appreciation
2.98%
Original Mortgage
$408,500
Outstanding Balance
$398,573
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$61,384

Purchase Details

Listed on
Feb 29, 2016
Closed on
Apr 12, 2016
Sold by
Geller Sofya
Bought by
Smith Benjamin R
Seller's Agent
Richard Harrison
Berkshire Hathaway HomeServices Kee Realty Bham
Buyer's Agent
Richard Harrison
Real Living Kee Realty-Troy
List Price
$299,000
Sold Price
$280,000
Premium/Discount to List
-$19,000
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Original Mortgage
$266,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2015
Sold by
Wright Kimberly S
Bought by
Geller Sofya

Purchase Details

Closed on
May 11, 2007
Sold by
Ackerman Frances M and Ackerman Claude W
Bought by
Wright Kimberly S
Source: Public Records

Range of Values:

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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
Williams Addison $430,000 Premier Title
Smith Benjamin R $280,000 First American Title
Geller Sofya $120,000 First American Title Ins Co
Wright Kimberly S $168,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Addison $408,500
Previous Owner Smith Benjamin R $266,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2023 07/14/23 Sold $430,000 +7.5% $330 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $400,000 +42.9% $307 / Sq Ft
04/12/2016 04/12/16 Sold $280,000 0.0% $215 / Sq Ft View Prior Sale
03/07/2016 03/07/16 Off Market $280,000 -- --
02/29/2016 02/29/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $299,000 -- $229 / 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 $5,324 $181,140 $0 $0
2022 $4,961 $144,250 $0 $0
2020 $4,080 $131,180 $0 $0
2018 $4,961 $116,150 $0 $0
2017 $4,768 $116,150 $0 $0
2015 -- $81,530 $0 $0
2014 -- $75,460 $0 $0
2011 -- $70,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230044069

Realcomp

APN: 25-16-378-004