NOT LISTED FOR SALE

115 S Edison Ave Royal Oak, MI 48067

Estimated Value: $254,000 - $285,000

3 Beds
1 Bath
969 Sq Ft
$282/Sq Ft Est. Value

Last Sold December 04, 2019

Last sale price $157,000 $162 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,885/month

35 Days on Market

Highlights

  • Ground Level Unit
  • No HOA
  • Forced Air Heating System
  • Royal Oak High School Rated A-
  • Bungalow
  • 3-minute walk to Bassett Park

About This Home

As of December 2019

The perfect bungalow!! Located near the heart of Royal Oak and within walking distance to plenty of restaurants, grocery stores and night events. This homes offers so much and is conveniently located near I-75 and 696. Move in ready, with plenty of potential, with a fenced in back yard and room for a detached garage. Come check out this beautiful home, located in one of the most charming cities.

Last Agent to Sell the Property

Anthony Djon

Anthony Djon Luxury Real Estate License #6501364941 Listed on: 10/03/2019

Anthony Djon Luxury Real Estate

Co-Listed By

Garrett Moreau

Anthony Djon Luxury Real Estate License #6501407347

Last Buyer's Agent

Joseph Zetouna

KW Metro License #RCO-6501349843

KW Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1924 | Remodeled in 2016

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00x120.00
  • Fenced

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 969 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Unfinished Basement

Kitchen

  • Built-In Electric Oven
  • Electric Cooktop
  • Microwave
  • ENERGY STAR Qualified Refrigerator

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Suprvr's Plat No 1 Royal Oak Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2523102005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,498

Year Built

Built in 1924 | Remodeled in 2016

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 305.84
  • Year Built: 1924
  • State Equalized Value: 79900.0000
  • Year Renovated: 2016
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Electric Cooktop, Dryer, Microwave, Built-In Electric Oven, ENERGY STAR® qualified refrigerator, Washer
  • Total Sq Ft: 969

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1481818.1818
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X120.00
  • Parcel Number: 2523102005

Tax Info

  • Tax Amount Summer: 2798.0000
  • Tax Amount Winter: 700.0000
  • Total Tax: 3498.0000
  • Taxable Value: 77790.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2023
Sold by
Mikhjian Michael J
Bought by
Mikhjian Michael J and Michael Mikhjian Trust
Current Estimated Value
$273,106

Purchase Details

Listed on
Oct 3, 2019
Closed on
Dec 4, 2019
Sold by
King Matthew J and King Karen
Bought by
Mikhjian Michael S
Seller's Agent
Anthony Djon
Anthony Djon Luxury Real Estate
Buyer's Agent
Joseph Zetouna
KW Metro
List Price
$169,900
Sold Price
$157,000
Premium/Discount to List
-$12,900
-7.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%

Purchase Details

Closed on
May 12, 2017
Sold by
Roscoe Philip and Roscoe Alison
Bought by
King Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,440
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 24, 2016
Closed on
Nov 18, 2016
Sold by
Stranahan Douglas J and Stranahan Patrick J
Bought by
Roscoe Phillip and Roscce Alison
Seller's Agent
Holland Morrison
Wilhelm & Associates
Buyer's Agent
Christina Gennari
KW Domain
List Price
$134,900
Sold Price
$129,000
Premium/Discount to List
-$5,900
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%

Purchase Details

Closed on
Dec 1, 2008
Sold by
Stranahan Douglas K and Stranahan Patrick J
Bought by
Stranahan Douglas K and Stranahan Patrick J

Purchase Details

Closed on
Dec 15, 2004
Sold by
Stranahan Douglas and Stranahan Barbara
Bought by
Stranahan Douglas Kirk and Stranahan Patrick Jan

Purchase Details

Closed on
Jan 6, 2004
Sold by
Salviati Sarah
Bought by
Wm Specialty Mortgage Llc

Purchase Details

Closed on
Oct 25, 2002
Sold by
Salviati Sarah
Bought by
Mortgage Man Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
6.1%

Purchase Details

Closed on
Sep 5, 2002
Sold by
Mcmahon W
Bought by
Salviati Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
6.1%

Purchase Details

Closed on
Jun 30, 2000
Sold by
Royal Oak Church Of Chri
Bought by
Mcmahon William P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mikhjian Michael J -- None Listed On Document
Mikhjian Michael S $157,000 Madison Settlement Svcs Llc
King Matthew J $152,000 First Title & Escrow Inc
Roscoe Phillip $129,000 Ata National Title Group Llc
Stranahan Douglas K -- None Available
Stranahan Douglas Kirk -- --
Wm Specialty Mortgage Llc $138,287 --
Mortgage Man Corp -- --
Mortgage Man Corp -- Edge Title
Salviati Sarah $145,000 --
Mcmahon William P $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Matthew J $147,440
Previous Owner Salviati Sarah $130,500
Closed Mcmahon William P --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2019 12/04/19 Sold $157,000 -3.7% $162 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
10/14/2019 10/14/19 Price Changed $163,000 -4.1% $168 / Sq Ft
10/03/2019 10/03/19 For Sale $169,900 +31.7% $175 / Sq Ft
11/18/2016 11/18/16 Sold $129,000 -4.4% $133 / Sq Ft View Prior Sale
10/04/2016 10/04/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $134,900 0.0% $139 / Sq Ft
10/01/2016 10/01/16 Pending -- -- --
09/07/2016 09/07/16 Price Changed $134,900 -3.6% $139 / Sq Ft
06/24/2016 06/24/16 For Sale $139,900 -- $144 / Sq Ft
Source: Realcomp

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
2025 $5,564 $114,960 $0 $0
2024 $4,642 $106,020 $0 $0
2022 $5,063 $96,740 $0 $0
2020 $4,478 $84,220 $0 $0
2018 $5,063 $62,140 $0 $0
2017 $3,516 $62,140 $0 $0
2015 -- $56,280 $0 $0
2014 -- $52,240 $0 $0
2011 -- $49,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219101412

Realcomp

APN: 25-23-102-005

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