NOT LISTED FOR SALE

1117 Butternut Ave Royal Oak, MI 48073

Estimated Value: $512,000 - $810,000

3 Beds
2 Baths
1,847 Sq Ft
$324/Sq Ft Est. Value

Last Sold December 22, 2015

Last sale price $375,000 $203 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,668/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Balcony
  • Royal Oak High School Rated 9+
  • Fenced Yard
  • 2 Car Detached Garage

About This Home

As of December 2015

Pottery Barn perfect best describes this home that was completely rebuilt in 2012. Very open floor plan with wood floors throughout main floor. Hearth room next to kitchen with fireplace. 2 story bay window in living room and 2nd bedroom. Gourmet kitchen with stainless steel appliances and granite counter tops, enjoy coffee from the rare and beautiful balcony/deck off the master that overlooks its fenced in treed yard. Finished LL for additional entertainment area. 2nd floor laundry. Too much to list, must see.

Last Agent to Sell the Property

Bonnie Zemanski

RE/MAX Showcase Homes License #MISPE-6501281221 Listed on: 11/09/2015

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,055

Year Built

  • Built in 1946

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 50 x 218
  • Fenced Yard

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,847 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Partially Finished Basement
  • Block Basement Construction

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2509129005

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,055

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, Gas Fireplace
  • Basement: Yes
  • Basement: Block, Partially Finished
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 16 x 14
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Upper Floor, Dimensions: 10 x 9
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On Upper Floor, Dimensions: 14 x 11
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Dining Room: On Entry Level, Dimensions: 14 x 10
  • Dining Room Floor Covering: Wood
  • Family Room: On Lower Floor, Dimensions: 34 x 16
  • Family Room Floor Covering: Wood
  • Kitchen: On Entry Level, Dimensions: 24 x 18
  • Kitchen Floor Covering: Wood
  • Living Room: On Entry Level, Dimensions: 19 x 15
  • Living Room Floor Covering: Wood
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1847
  • Total Finished Sq Ft: 1847

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Exterior Balcony, Fenced Yard, Patio, Porch, Sidewalks
  • Foundation: Basement
  • Frontage: 50
  • Road: Paved Street

Garage/Parking

  • Garage: Detached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 2
  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: 2509129005
  • Lot Dimensions: 50 x 218
  • Acreage: 0.25
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $4,880.00
  • Winter Tax: Amount: $1,175.00

MLS Schools

  • School District: Royal Oak Neighborhood Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2015
Closed on
Dec 22, 2015
Sold by
Martin Wade and Martin Heather
Bought by
Hoerger Kyle and Reinhold Whitney
Seller's Agent
Bonnie Zemanski
RE/MAX Showcase Homes
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$395,900
Sold Price
$375,000
Premium/Discount to List
-$20,900
-5.28%
Current Estimated Value
$598,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,132
Avg. Annual Appreciation
4.89%
Original Mortgage
$356,250
Outstanding Balance
$282,576
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$315,556

Purchase Details

Listed on
Nov 11, 2013
Closed on
Dec 27, 2013
Sold by
Burt Nikolas and Burt Sara
Bought by
Martin Wade
Seller's Agent
Diane Bledsoe
RE/MAX Encore
Buyer's Agent
Bonnie Zemanski
RE/MAX Showcase Homes
List Price
$345,000
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%
Original Mortgage
$276,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 9, 2012
Sold by
Bailey Teresa L and Coburn Robert E
Bought by
Burt Nikolas and Burt Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,550
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2011
Sold by
Hayes Patricia A and Rbs Citizens Na
Bought by
Courtney Michael
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
Hoerger Kyle $375,000 Multiple
Martin Wade $345,000 Partners Title Agency Llc
Burt Nikolas $289,000 Partners Title Agency Llc
Courtney Michael $46,863 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoerger Kyle $356,250
Previous Owner Martin Wade $276,000
Previous Owner Burt Nikolas $274,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2015 12/22/15 Sold $375,000 -5.3% $203 / Sq Ft
11/17/2015 11/17/15 Pending -- -- --
11/09/2015 11/09/15 For Sale $395,900 +14.8% $214 / Sq Ft
01/02/2014 01/02/14 Sold $345,000 0.0% $180 / Sq Ft View Prior Sale
11/16/2013 11/16/13 Pending -- -- --
11/11/2013 11/11/13 For Sale $345,000 -- $180 / 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 $5,962 $231,080 $0 $0
2022 $6,583 $195,150 $0 $0
2020 $5,414 $180,220 $0 $0
2018 $6,583 $164,160 $0 $0
2017 $6,327 $164,160 $0 $0
2015 -- $144,040 $0 $0
2014 -- $141,320 $0 $0
2011 -- $56,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31270062

Michigan Multiple Listing Service

APN: 25-09-129-005