NOT LISTED FOR SALE

1206 Ferris Ave Royal Oak, MI 48067

Estimated Value: $290,000 - $333,128

3 Beds
1.5 Baths
981 Sq Ft
$316/Sq Ft Est. Value

Last Sold February 18, 2021

Last sale price $196,000 $200 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,003/month

61 Days on Market

Highlights

  • No HOA
  • 2.5 Car Detached Garage
  • Bungalow
  • Covered Patio or Porch
  • Tankless Water Heater
  • Programmable Thermostat

About This Home

As of February 2021

Terrific bungalow on a quiet, tree-lined street in a great Royal Oak neighborhood close to parks and downtown. If you are looking for an affordable home that you can build sweat equity with, this is the perfect house for you to add your personal touches. The living room with hardwood floors and cove ceiling flows to the separate dining area and kitchen with white cabinetry. 3 bedrooms including a spacious master on the 2nd floor and 2 bedrooms on the first floor with hardwood floors. Full bath on 1st floor. Finished lower level with recreation room and space for your office, ½ bath, and laundry area. Large covered porch for your outdoor entertaining with spacious backyard and 2 car garage. Tankless hot water heater (2016), furnace, and air conditioner (2014). Lots of storage space. Great starter home or investment. Priced to sell with needed updates taken into account. Don’t miss seeing this home! 2 hour notice.

Last Agent to Sell the Property

Gayle Barker

The Agency Hall & Hunter License #6501322417 Listed on: 12/04/2020

The Agency Hall & Hunter

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1943

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 45.00x135.00
  • Property fronts a private road

Home Design

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

Interior Spaces

  • 981 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement

Kitchen

  • Built-In Electric Oven
  • Built-In Electric Range
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Southlawn Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2515208014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,959

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1943
  • State Equalized Value: 105950.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Humidifier, Programmable Thermostat
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: ENERGY STAR® qualified dishwasher, ENERGY STAR® qualified dryer, Built-In Electric Oven, Built-In Electric Range, ENERGY STAR® qualified refrigerator, ENERGY STAR® qualified washer
  • Sq Ft Combined: 1381
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 981
  • Sq Ft Total Bsmt: 981

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 45
  • Porch Type: Porch - Covered
  • Road Frontage Type: Private, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Detached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas, Tankless
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1564285.7143
  • Lot Size Area: 0.14
  • Lot Dimensions: 45.00X135.00
  • Parcel Number: 2515208014

Tax Info

  • Tax Amount Summer: 2315.0000
  • Tax Amount Winter: 644.0000
  • Total Tax: 2959.0000
  • Taxable Value: 72240.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2021
Sold by
Green David
Bought by
Green Justin
Current Estimated Value
$310,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,850
Outstanding Balance
$194,597
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$103,761

Purchase Details

Listed on
Dec 4, 2020
Closed on
Feb 18, 2021
Sold by
Zimmerman Robb M and Zimmerman Sarah M
Bought by
Green David
Seller's Agent
Gayle Barker
The Agency Hall & Hunter
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$219,000
Sold Price
$196,000
Premium/Discount to List
-$23,000
-10.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%

Purchase Details

Closed on
Nov 17, 2005
Sold by
Ramsey Holly M and Mills Elizabeth M
Bought by
Zimmerman Robb C and Zimmerman Sarah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,683
Interest Rate
6.48%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 2005
Sold by
Mills Elizabeth M
Bought by
Mills Elizabeth M and Ramsey Holly M
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
Green Justin $223,000 First American Title
Green David $196,000 None Available
Zimmerman Robb C $168,000 Devon Title Agency
Mills Elizabeth M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Justin $211,850
Previous Owner Zimmerman Sarah M $111,000
Previous Owner Zimmerman Robb $135,488
Previous Owner Zimmerman Robb C $166,683
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2021 02/18/21 Sold $196,000 -10.5% $200 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
12/04/2020 12/04/20 For Sale $219,000 -- $223 / 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 $3,748 $130,110 $0 $0
2022 $4,428 $115,670 $0 $0
2020 $3,642 $105,950 $0 $0
2018 $4,428 $91,770 $0 $0
2017 $2,784 $91,770 $0 $0
2015 -- $82,910 $0 $0
2014 -- $76,430 $0 $0
2011 -- $65,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200097899

Realcomp

APN: 25-15-208-014