NOT LISTED FOR SALE

1222 E 5th St Royal Oak, MI 48067

Estimated Value: $283,000 - $323,000

3 Beds
1 Bath
1,040 Sq Ft
$291/Sq Ft Est. Value

Last Sold February 05, 2012

Last sale price $85,000 $82 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $1,917/month

24 Days on Market

Highlights

  • No HOA
  • Patio
  • Shed
  • Porch
  • Bungalow
  • 3-minute walk to Marks Park

About This Home

As of February 2012

LOCATION! LOCATION! LOCATION! ENJOY WALKING TO DOWNTOWN ROYAL OAK, COFFEE IN THE ALL SEASONS ROOM WITH HEATED TILE FLOORING, AND WALK TO THE PARK JUST 1 BLOCK. UPDATES INCLUDE BATHROOM WITH GRANITE COUNTERS AND TILE FLOORING (2010), DISHWASHER (2009), ROOF (2004). LARGE BASEMENT WITH GLASS BLOCK WINDOWS WAITING FOR YOUR FINISHING TOUCHES. LARGE MASTER BEDROOM AND ALMOST NEW CARPETING THROUGHOUT THE HOME. THE SELLER WILL PROVIDE A 1 YR HOME WARRANTY

Last Agent to Sell the Property

Brad Jordan

Realty Experts, LLC License #6502373230 Listed on: 11/28/2011

Last Buyer's Agent

Brad Jordan

Realty Experts, LLC License #RCO-6502373230

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1942

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 37 x 143
  • Fenced

Home Design

  • Bungalow

Interior Spaces

  • 1,040 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Watch Farm Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522254006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,987

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1942
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Freezer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1882
  • Sq Ft Lower Floor: 842
  • Total Sq Ft: 1040

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Construction Features: Platted Sub.
  • Exterior Features: Shed, Fenced, Lighting
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • 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: 832500.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 37 X 143
  • Parcel Number: 2522254006

Tax Info

  • Tax Amount Summer: 1923.0000
  • Tax Amount Winter: 64.0000
  • Total Tax: 1987.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2011
Closed on
Dec 29, 2011
Sold by
Brown Kirk M and Down Michelle Sanders
Bought by
Phillips Craig
Seller's Agent
Brad Jordan
Realty Experts, LLC
Buyer's Agent
Brad Jordan
Realty Experts, LLC
List Price
$109,900
Sold Price
$85,000
Premium/Discount to List
-$24,900
-22.66%
Current Estimated Value
$302,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,869
Avg. Annual Appreciation
9.81%
Original Mortgage
$100,000
Interest Rate
3.97%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 21, 2008
Sold by
Pieknik Melanie
Bought by
Down Kirk M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2004
Sold by
Hemingsen Margaret D and Symington John W
Bought by
Pieknik Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Phillips Craig $85,000 None Available
Down Kirk M $175,000 Homeowners Title Agency
Pieknik Melanie $155,000 Capital Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Craig $87,000
Closed Phillips Craig A $100,000
Previous Owner Down Kirk M $153,000
Previous Owner Down Kirk M $157,500
Previous Owner Pieknik Melanie M $144,000
Previous Owner Pieknik Melanie M $11,100
Previous Owner Pieknik Melanie $31,000
Previous Owner Pieknik Melanie $124,000
Previous Owner Symington John W $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2012 02/05/12 Sold $85,000 -22.7% $82 / Sq Ft
12/22/2011 12/22/11 Pending -- -- --
11/28/2011 11/28/11 For Sale $109,900 -- $106 / 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 $3,235 $116,530 $0 $0
2022 $3,528 $104,150 $0 $0
2020 $3,120 $92,050 $0 $0
2018 $3,528 $78,530 $0 $0
2017 $3,239 $78,530 $0 $0
2015 -- $65,680 $0 $0
2014 -- $60,590 $0 $0
2011 -- $55,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 211122618

Realcomp

APN: 25-22-254-006