NOT LISTED FOR SALE

1123 Cherokee Ave Royal Oak, MI 48067

Estimated Value: $309,000 - $323,000

3 Beds
2 Baths
1,005 Sq Ft
$313/Sq Ft Est. Value

Last Sold June 08, 2023

Last sale price $280,000 $279 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,029/month

9 Days on Market

Highlights

  • Raised Ranch Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Ranch Style House
  • 4-minute walk to Franklin Park

About This Home

As of June 2023

Beautiful well-maintained ranch home with 3-bedrooms featuring excellent original hard wood floors. New 1st floor shower makes for convenience with multi-level shower heads that detach. Large west facing living room is carpeted, but likely has hard wood underneath. The spacious kitchen is spotless with lots of cupboards and newer refrigerator. The basement has a full bath plus new 2021 furnace, water heater & air conditioning as well as a newer washer & dryer. The backyard is deep, features privacy fences and a 2 car garage. Great for 1st time owner, fixer upper/flip or investment property. Selling "As-Is" condition.

Last Agent to Sell the Property

Martin Jeakle

Signature Sotheby's International Realty Bham License #6501414841 Listed on: 04/29/2023

Signature Sotheby's International Realty Bham

Last Buyer's Agent

Michael Bahr

The Charles Reinhart Company License #6501426671

The Charles Reinhart Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1961

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50.00 x 146.00
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • 1,005 Sq Ft Home
  • Raised Ranch Architecture
  • Ranch Style House
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Kitchen

  • Free-Standing Electric Oven
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Exterior Lighting
  • Ground Level
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 2522454005
  • $1,000 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Home Park Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,755

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Raised Ranch, Ranch
  • Architecture Level: 1 Story
  • Year Built: 1961
  • State Equalized Value: 108820.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Smoke Alarm, Fuses
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Disposal, Dryer, Free-Standing Electric Oven, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1005
  • Total Sq Ft: 1005
  • Sq Ft Total Bsmt: 1005

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 50
  • Road Frontage Type: Paved
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 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

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.16
  • Lot Dimensions: 50.00 x 146.00
  • Parcel Number: 2522454005

Tax Info

  • Tax Amount Summer: 2126.0000
  • Tax Amount Winter: 629.0000
  • Total Tax: 2755.0000
  • Taxable Value: 71960.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2023
Closed on
Jun 8, 2023
Sold by
Kaye Nancy E
Bought by
Bahr Christopher James
Seller's Agent
Martin Jeakle
Signature Sotheby's International Realty Bham
Buyer's Agent
Michael Bahr
The Charles Reinhart Company
List Price
$280,000
Sold Price
$280,000
Views
118
Current Estimated Value
$314,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,452
Avg. Annual Appreciation
4.32%
Original Mortgage
$252,000
Outstanding Balance
$246,583
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$60,956
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
Bahr Christopher James $280,000 Interstate Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bahr Christopher James $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2023 06/08/23 Sold $280,000 0.0% $279 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
04/29/2023 04/29/23 For Sale $280,000 -- $279 / 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 $3,796 $129,170 $0 $0
2022 $2,755 $108,820 $0 $0
2020 $2,265 $94,690 $0 $0
2018 $2,755 $81,880 $0 $0
2017 $2,679 $81,880 $0 $0
2015 -- $71,790 $0 $0
2014 -- $67,810 $0 $0
2011 -- $65,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230027765

Realcomp

APN: 25-22-454-005