NOT LISTED FOR SALE

1114 Hoffman Ave Royal Oak, MI 48067

Estimated Value: $172,000 - $277,000

2 Beds
1 Bath
839 Sq Ft
$280/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $195,000 $232 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,493/month

43 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Shed
  • Royal Oak High School Rated 9+
  • Porch
  • 2-minute walk to Dondero Park

About This Home

As of November 2021

Cozy ranch just minutes away from downtown Royal Oak! Perfect investment opportunity. Spacious living room with great views of the front porch. Updated kitchen with newer cabinets and flooring. Dining room could be used as extra entertaining space or office space. The home also features two bedrooms and full bath with tile floor and shower surround. Full basement is prepped for additional bathroom and has great storage space. Newer hot water tank, furnace, plumbing, and sump pump. Just steps from Dondero Park! Don’t miss out on this opportunity to be in Royal Oak at an affordable price! Buy "as-is" or work out an agreement to build a new home

Last Agent to Sell the Property

Thomas Wooderson

Good Company License #6501380634 Listed on: 09/27/2021

Good Company

Last Buyer's Agent

Jackie Selinsky

Good Company License #6501336221

Good Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1949 | Remodeled in 2012

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00x116.00

Home Design

  • 839 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Asphalt Roof

Kitchen

  • Free-Standing Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Porch

Location

  • Ground Level

Utilities

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

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Clifford Heights Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522476014
  • $2,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,524

Year Built

Built in 1949 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1949
  • State Equalized Value: 90720.0000
  • Year Renovated: 2012
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Free-Standing Gas Oven, Microwave
  • Sq Ft Combined: 839
  • Total Sq Ft: 839
  • Sq Ft Total Bsmt: 700

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

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)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X116.00
  • Parcel Number: 2522476014

Tax Info

  • Tax Amount Summer: 1972.0000
  • Tax Amount Winter: 552.0000
  • Total Tax: 2524.0000
  • Taxable Value: 61900.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Nov 12, 2021
Sold by
Property Rescus Llc
Bought by
Oak Sean
Seller's Agent
Thomas Wooderson
Good Company
Buyer's Agent
Jackie Selinsky
Good Company
List Price
$204,900
Sold Price
$195,000
Premium/Discount to List
-$9,900
-4.83%
Current Estimated Value
$234,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,873
Avg. Annual Appreciation
4.84%
Original Mortgage
$185,250
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2021
Closed on
Jul 16, 2021
Sold by
Scherger David P and Scherger Erin E
Bought by
Property Rescue Llc
Seller's Agent
Sophie Smith
Good Company
Buyer's Agent
Sophie Smith
KW Metro
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.55%

Purchase Details

Closed on
Jun 28, 2010
Sold by
Mccomb Construction Company Inc
Bought by
Scherger David P and Scherger Erin E

Purchase Details

Closed on
Jan 29, 2010
Sold by
Dull Oaks Properties Llc and Jones Dustin
Bought by
Mccomb Construction Co Inc

Purchase Details

Closed on
Nov 5, 2009
Sold by
Deutsche Bank Trust Company Americas
Bought by
Dull Oaks Properties Llc

Purchase Details

Closed on
Apr 1, 2009
Sold by
Mortgage Electronic Registration Systems
Bought by
Deutsche Bank Trust Company Americas and Saxon Asset Securities Trust 2005-1

Purchase Details

Closed on
Mar 31, 2009
Sold by
Carr David C
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Aug 31, 2006
Sold by
Fanelli Nancy A and Deck Jean A
Bought by
Carr David C
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
Oak Sean $195,000 New Title Company Name
Property Rescue Llc $170,000 None Available
Scherger David P $80,000 Capital Title Ins Agency
Mccomb Construction Co Inc $35,000 None Available
Dull Oaks Properties Llc -- None Available
Deutsche Bank Trust Company Americas -- None Available
Mortgage Electronic Registration Systems $63,750 None Available
Carr David C $116,500 Devon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oak Sean $185,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2021 11/12/21 Sold $195,000 -2.5% $232 / Sq Ft
10/07/2021 10/07/21 Price Changed $199,900 -2.4% $238 / Sq Ft
09/27/2021 09/27/21 For Sale $204,900 +20.5% $244 / Sq Ft
07/16/2021 07/16/21 Sold $170,000 -- $203 / Sq Ft View Prior Sale
07/06/2021 07/06/21 Pending -- -- --
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 $3,023 $103,070 $0 $0
2022 $3,622 $94,610 $0 $0
2020 $2,937 $84,690 $0 $0
2018 $3,622 $72,760 $0 $0
2017 $2,353 $72,760 $0 $0
2015 -- $64,260 $0 $0
2014 -- $59,260 $0 $0
2011 -- $55,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210081288

Realcomp

APN: 25-22-476-014