NOT LISTED FOR SALE

117 Phillips Place Royal Oak, MI 48067

Estimated Value: $231,329 - $261,000

0.18 Acre
$1,386,567 Price per Acre
7,841 Sq Ft Lot

Last Sold August 08, 2023

Last sale price $225,000 $233 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,729/month

68 Days on Market

About This Lot

As of August 2023

A block and half from the farmers market & Royal Oak’s civic center - which, among other things, includes the all new Police Department, City Hall, and a Central Park! You'll fall in love with this location, build your dream home here!

Last Agent to Sell the Property

Megan Spencer

Berkshire Hathaway HomeServices Kee Realty Oxford License #6501382918 Listed on: 03/22/2023

Berkshire Hathaway HomeServices Kee Realty Oxford

Last Buyer's Agent

Megan Spencer

Berkshire Hathaway HomeServices Kee Realty Oxford License #6501382918 Listed on: 03/22/2023

Berkshire Hathaway HomeServices Kee Realty Oxford

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50.00 x 156.00 x 51 x 156
  • Cleared Lot

Utilities

  • Sewer in Street

Community Details

  • Central Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522127006

Property Details

Property Type

Land

Est. Annual Taxes

$2,173

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 85130.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Paved

Utilities

  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Royal Oak

Lot Info

  • Lot Features: Cleared
  • Lot Size Area: 0.18
  • Lot Dimensions: 50.00 x 156.00 x 51 x 156
  • Parcel Number: 2522127006
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 1833.0000
  • Tax Amount Winter: 340.0000
  • Total Tax: 2173.0000
  • Taxable Value: 38910.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Aug 8, 2023
Sold by
Sherrill Jason T and Sherrill Kristen
Bought by
Garg Varun
Seller's Agent
Megan Spencer
Berkshire Hathaway HomeServices Kee Realty Oxford
Buyer's Agent
Megan Spencer
Berkshire Hathaway HomeServices Kee Realty Oxford
List Price
$240,000
Sold Price
$225,000
Premium/Discount to List
-$15,000
-6.25%
Views
95
Current Estimated Value
$249,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,582
Avg. Annual Appreciation
5.35%
Original Mortgage
$180,000
Outstanding Balance
$176,880
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$73,512

Purchase Details

Closed on
Jun 18, 2018
Sold by
Fabinak Barbara
Bought by
Sherrill Jason T and Sherrill Kristen

Purchase Details

Closed on
Mar 5, 2018
Sold by
Fabinak Barbara and Charlton Ernest
Bought by
Fabinak Barbara and Fabinak John J

Purchase Details

Closed on
Jul 15, 2010
Sold by
Charlton Ernest
Bought by
Charlton Ernest and Fabinak Barbara
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Garg Varun $225,000 Premier Title
Sherrill Jason T $200,000 Partners Title Agency Llc
Fabinak Barbara -- None Available
Charlton Ernest -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garg Varun $180,000
Previous Owner Chaltron Ernie $17,222
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2023 08/08/23 Sold $225,000 -6.3% $233 / Sq Ft
05/29/2023 05/29/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $240,000 -- $249 / 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 $4,423 $90,290 $90,290 $0
2022 $2,173 $85,130 $0 $0
2020 $1,922 $37,150 $0 $0
2018 $2,173 $99,070 $0 $0
2017 $3,722 $99,070 $0 $0
2015 -- $79,690 $0 $0
2014 -- $74,930 $0 $0
2011 -- $73,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Megan Spencer

    Seller's Agent in 2023

    Megan Spencer

    Berkshire Hathaway HomeServices Kee Realty Oxford

    (248) 236-3997

    2 in this area

    87 Total Sales

    Megan Spencer
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230020891

Realcomp

APN: 25-22-127-006

Michigan Oakland County Royal Oak 48067

117 Phillips Place, Royal Oak, MI

This home is located at 117 Phillips Place, Royal Oak, MI 48067 since 22 March 2023 and is currently estimated at $249,582, approximately $258 per square foot. 117 Phillips Place is a home located in Oakland County with nearby schools including Keller Elementary, Royal Oak Middle School, and Royal Oak High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes