NOT LISTED FOR SALE

115 California Ave Royal Oak, MI 48067

Estimated Value: $305,000 - $437,000

4 Beds
2 Baths
1,456 Sq Ft
$265/Sq Ft Est. Value

Last Sold April 21, 2016

Last sale price $254,000 $174 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,590/month

8 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating and Cooling System
  • 2-minute walk to Wendland Park
  • Royal Oak High School Rated 9+
  • Private Entrance

About This Home

As of April 2016

Income property - Brick ranch-style duplex - each unit is two bedroom, one bath, with basement. All appliances. Driveway parking, separate entrances. Laundry in full private basement. 115 California has updated kitchen with maple cabinets, granite countertops, ceramic floor, stainless steel appliances.

Last Agent to Sell the Property

Jan Dijkers

Berkshire Hathaway HomeServices The Loft Warehouse License #6501338353 Listed on: 02/29/2016

Berkshire Hathaway HomeServices The Loft Warehouse

Last Buyer's Agent

Benny Margolis

Max Broock Realtors License #RCO-6501384651

Max Broock Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1954

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x108
  • Property fronts a private road
  • Private Entrance

Parking

  • Unassigned Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,456 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Outdoor Features

  • Exterior Lighting

Utilities

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

Community Details

  • 2 Units
  • Hannan & Webber's Sunset Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522353010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,926

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 Story
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Private, Unfinished
  • Sq Ft Combined: 1456
  • Total Sq Ft: 1456
  • Sq Ft Total Bsmt: 1456

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting, Private Entry
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Road Frontage Type: Paved, Private

Garage/Parking

  • MF Parking: Unassigned/General

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: No

Schools

  • School District: Royal Oak

Lot Info

  • List Price per Acre: 2125000.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 50X108
  • Parcel Number: 2522353010
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer, Yard Maintenance
  • Monthly Rental Income: 2550

Tax Info

  • Tax Amount Summer: 3369.0000
  • Tax Amount Winter: 557.0000
  • Total Tax: 3926.0000

Multi Family

  • Gross Scheduled Income: 30600.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2019
Sold by
Rush Anton
Bought by
California Rush Llc
Current Estimated Value
$385,667

Purchase Details

Listed on
Feb 29, 2016
Closed on
Apr 22, 2016
Sold by
115 California Holdings Llc
Bought by
Rush Anton O
Seller's Agent
Jan Dijkers
Berkshire Hathaway HomeServices The Loft Warehouse
Buyer's Agent
Benny Margolis
Max Broock Realtors
List Price
$255,000
Sold Price
$254,000
Premium/Discount to List
-$1,000
-0.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$190,500
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2002
Sold by
Kiley Brian F
Bought by
Lanfear Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,200
Interest Rate
6.24%
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
California Rush Llc -- None Available
Rush Anton O $254,000 First American Title Ins Co
Lanfear Richard C $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open California Rush Llc $425,000
Previous Owner Rush Anton O $190,500
Previous Owner Lanfear Richard C $133,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2016 04/21/16 Sold $254,000 -0.4% $174 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $255,000 +10.4% $175 / Sq Ft
10/15/2015 10/15/15 Sold $231,000 -7.6% $159 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $250,000 -- $172 / 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 $6,061 $147,340 $0 $0
2022 $6,611 $133,760 $0 $0
2020 $5,847 $120,910 $0 $0
2018 $6,611 $106,100 $0 $0
2017 $6,003 $106,100 $0 $0
2015 -- $79,150 $0 $0
2014 -- $69,260 $0 $0
2011 -- $75,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216018662

Realcomp

APN: 25-22-353-010