NOT LISTED FOR SALE

1223 Owana Ave Royal Oak, MI 48067

Estimated Value: $861,000 - $946,000

4 Beds
2 Baths
2,900 Sq Ft
$308/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $544,200 $188 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,578/month

Highlights

  • 2 Car Garage
  • Royal Oak High School Rated 9+
  • 4-minute walk to Dondero Park

About This Home

As of August 2016

4 bed 2.5 bath colonial built in 2016. HW floors, quartz countertops, open concept. Premium Park location with 2 car attached garage

Last Agent to Sell the Property

Randy Gates

Keller Williams Realty Lakeside License #MISPE-6501322216 Listed on: 06/08/2016

Keller Williams Realty Lakeside

Last Buyer's Agent

Jennifer Stillwagon

DOBI Real Estate License #RCO-6501319497

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,076

Year Built

  • Built in 2016

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 50x147

Parking

  • 2 Car Garage

Home Design

  • Composite Building Materials

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Owana Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522476010

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,076

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 2 Story
  • Year Built: 2016
  • Mail City: Royal Oak
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 2900
  • Total Finished Sq Ft: 2900

Exterior Features

  • Exterior: Composition
  • Foundation: Basement
  • Frontage: 50

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 2522476010
  • Lot Dimensions: 50x147
  • Acreage: 0.23
  • Geo Subdivision: MI

MLS Schools

  • School District: Royal Oak Neighborhood Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2016
Closed on
Aug 31, 2016
Sold by
3 Point Equity Ii Llc and Gates Randy B
Bought by
Orthmeyer Grant K and Orthmeyer Tressa L
Seller's Agent
Randy Gates
Keller Williams Realty Lakeside
Buyer's Agent
Jennifer Stillwagon
DOBI Real Estate
List Price
$544,200
Sold Price
$544,200
Current Estimated Value
$893,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,353
Avg. Annual Appreciation
5.58%
Original Mortgage
$512,525
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 1, 2016
Sold by
Gates Randall and Gates Kirsten
Bought by
3 Point Equity Ii Llc

Purchase Details

Listed on
Nov 27, 2013
Closed on
Feb 14, 2014
Sold by
Domin Louis
Bought by
Gates Randall
Seller's Agent
Mary Sagady
Own Your Dream
Buyer's Agent
Mary Sagady
Own Your Dream
List Price
$114,900
Sold Price
$105,000
Premium/Discount to List
-$9,900
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.82%
Original Mortgage
$82,400
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 27, 2013
Closed on
Dec 16, 2013
Sold by
1223 Owana Llc
Bought by
Domin Louis
Seller's Agent
Mary Sagady
Own Your Dream
Buyer's Agent
Mary Sagady
Own Your Dream
List Price
$114,900
Sold Price
$105,000
Premium/Discount to List
-$9,900
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2013
Sold by
Loan Financial Commission For Minorities
Bought by
1223 Owana Llc
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
Orthmeyer Grant K $544,200 None Available
3 Point Equity Ii Llc -- None Available
Gates Randall $130,000 Abstract Title Agency
Domin Louis $105,000 Abstract Title Agency
Domin Louis -- Abstract Title Agency
1223 Owana Llc $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orthmeyer Grant K $512,525
Previous Owner Gates Randall $82,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2016 08/31/16 Sold $544,200 0.0% $188 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $544,200 +418.3% $188 / Sq Ft
12/17/2013 12/17/13 Sold $105,000 -8.6% $114 / Sq Ft View Prior Sale
11/28/2013 11/28/13 Pending -- -- --
11/27/2013 11/27/13 For Sale $114,900 -- $125 / Sq Ft
Source: Michigan Multiple Listing Service

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 $10,076 $350,240 $0 $0
2022 $10,476 $313,540 $0 $0
2020 $8,946 $280,870 $0 $0
2018 $10,476 $248,360 $0 $0
2017 $10,195 $248,360 $0 $0
2015 -- $56,960 $0 $0
2014 -- $54,170 $0 $0
2011 -- $52,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31293346

Michigan Multiple Listing Service

APN: 25-22-476-010