$265,000
SOLD MAR 28, 2018

123 S Gainsborough Ave Royal Oak, MI 48067

3 Beds
2 Baths
1,134 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$234 Per Sq Ft

6% Above List Price

1 Day on Market

Highlights

  • Corner Lot
  • 1 Car Detached Garage
  • Patio
  • No HOA
  • Porch
  • 3-minute walk to Marks Park

About This Home

As of June 2020

*Multiple Offers Received - Highest & Best Due 2-21-18 at 8:00 pm. Prime location for this updated Bungalow on a great sized corner lot that is just blocks from Main Street so you can walk to trendy Downtown Royal Oak! This charming home is move-in ready and features 3 bedrooms, 2 renovated full baths & refinished hardwood floors throughout. Beautiful spacious living room with cove ceilings & natural fireplace that opens to a cozy dining room with a large bay window. The light filled white kitchen has been freshly painted & has a new refrigerator and stove, new butcher block counters, new tile backsplash, new sink & faucet. Basement is finished and offers a great family room to entertain and a bonus bedroom with large closet. Great sized fenced in backyard with paver patio & 1 car garage with brand new garage door. New roof in 2017. Walk across the street to Marks Park. Easy access to both I-696 & I-75. This home has it all, move right in & enjoy all that Royal Oak has to offer!

Last Agent to Sell the Property

Nicole McAvoy

DOBI Real Estate License #6501293853 Listed on: 02/20/2018

DOBI Real Estate

Last Buyer's Agent

Patricia Roberge

Coldwell Banker Weir Manuel-Bir License #RCO-6501388303

Coldwell Banker Weir Manuel-Bir

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1947

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 52.63x123
  • Fenced
  • Corner Lot

Home Design

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

Interior Spaces

  • 1,134 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Finished Basement
  • Sump Pump
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Fourth Avenue Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522202012

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,332

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1947
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1758
  • Sq Ft Lower Floor: 624
  • Total Sq Ft: 1134
  • Sq Ft Total Bsmt: 786

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 52
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • 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: 1666000.0000
  • Lot Features: Corner Lot
  • Lot Size Area: 0.15
  • Lot Dimensions: 52.63X123
  • Parcel Number: 2522202012

Tax Info

  • Tax Amount Summer: 2685.0000
  • Tax Amount Winter: 647.0000
  • Total Tax: 3332.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Jun 1, 2020
Sold by
Thompson Shorn C and Tudor Marius R
Bought by
Bosack Devon and Bosack John Brocic
Seller's Agent
Anne Loehr
Redfin Corporation
Buyer's Agent
Roger Daubenmeyer
Keller Williams Paint Creek
List Price
$269,900
Sold Price
$269,900
Current Estimated Value
$373,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,122
Avg. Annual Appreciation
5.99%
Original Mortgage
$229,415
Outstanding Balance
$205,590
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$159,177

Purchase Details

Listed on
Feb 20, 2018
Closed on
Mar 28, 2018
Sold by
Woodworth Kaitlin
Bought by
Thompson Shera C and Tudor Marius R
Seller's Agent
Nicole McAvoy
DOBI Real Estate
Buyer's Agent
Patricia Roberge
Coldwell Banker Weir Manuel-Bir
List Price
$249,900
Sold Price
$265,000
Premium/Discount to List
$15,100
6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.84%
Original Mortgage
$212,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 5, 2013
Closed on
Mar 4, 2014
Sold by
Gene Benjamin J and Gene Jennifer
Bought by
Woodworth Kaitlin
Seller's Agent
Bobbie Miller
RE/MAX Classic
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$162,000
Sold Price
$150,000
Premium/Discount to List
-$12,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.01%
Original Mortgage
$142,500
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2005
Sold by
Wilson Leslie and Wilson Joseph
Bought by
Gene Benjamin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.98%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 7, 1999
Sold by
Trumble Scott
Bought by
Kitts Leslie
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $269,900 Liberty Title
Warranty Deed $265,000 None Available
Warranty Deed $150,000 Title Connect Llc
Warranty Deed $185,000 Title One Inc
Deed $137,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $229,415 New Conventional
Previous Owner $212,000 New Conventional
Previous Owner $142,500 New Conventional
Previous Owner $135,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2020 06/02/20 Sold $269,900 0.0% $245 / Sq Ft
03/08/2020 03/08/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $269,900 +1.8% $245 / Sq Ft
03/28/2018 03/28/18 Sold $265,000 +6.0% $234 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $249,900 +66.6% $220 / Sq Ft
03/05/2014 03/05/14 Sold $150,000 -7.4% $127 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
11/05/2013 11/05/13 For Sale $162,000 -- $137 / 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 $4,165 $142,030 $0 $0
2022 $4,926 $131,800 $0 $0
2020 $4,047 $120,360 $0 $0
2018 $4,926 $90,970 $0 $0
2017 $3,263 $90,970 $0 $0
2015 -- $78,570 $0 $0
2014 -- $72,820 $0 $0
2011 -- $68,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218013148

Realcomp

APN: 25-22-202-012