NOT LISTED FOR SALE

125 S Edison Ave Royal Oak, MI 48067

Estimated Value: $397,000 - $419,000

4 Beds
3 Baths
1,522 Sq Ft
$269/Sq Ft Est. Value

Last Sold September 07, 2023

Last sale price $393,000 $258 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,840/month

About This Home

As of September 2023

Welcome to your dream home in Royal Oak! This beautiful colonial property boasts four bedrooms and two and a half baths, making it perfect for families of all sizes. One of the convenient features that sets this home apart is the second-floor laundry, making it easy and efficient to take care of your laundry needs. Step inside and be greeted by a freshly painted interior throughout, giving the home a clean and inviting atmosphere. As you enter the main floor, you'll be delighted by the open floor concept, creating a seamless flow between the living, dining, and kitchen areas. The main floor features stunning wood floors that add a touch of elegance to the space. The second floor is home to a spacious owner's suite that offers the perfect retreat after a long day. Pamper yourself in the luxurious jetted tub or unwind in the standup shower. You'll also find spacious bedrooms on this level, providing ample space for family members or guests. Parking won't be a problem with the large one-and-a-half-car garage, offering plenty of storage space for your vehicles and belongings. Meanwhile, the fully fenced backyard with a patio provides an excellent space for outdoor gatherings and entertaining guests. Sitting on a nice-sized lot, this home offers plenty of room for outdoor activities and relaxation. The covered front porch is an inviting spot, perfect for lounging and enjoying your morning coffee. Additional amenities include California closets in the owner's suite, guest bedroom, hall closet, and utility closet, providing plenty of organized storage options for your belongings. The home also comes equipped with a newer dishwasher, making kitchen cleanup a breeze. Don't miss this opportunity to own a charming and well-maintained property in Royal Oak. With its spacious layout, luxurious features, and the added convenience of second-floor laundry, this home is the perfect place to call your own. Schedule a viewing today and seize the chance to make this your forever home!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Sep 7, 2023
Sold by
Silverman Zachary T and Silverman Rebecca N
Bought by
Silverman Zachary T and Silverman Zachary T
Seller's Agent
Michael Allen
National Realty Centers, Inc
Buyer's Agent
Jim Shaffer
Good Company
List Price
$399,900
Sold Price
$393,000
Premium/Discount to List
-$6,900
-1.73%
Views
86
Current Estimated Value
$408,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,987
Avg. Annual Appreciation
1.98%
Original Mortgage
$294,750
Outstanding Balance
$288,499
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$120,488

Purchase Details

Closed on
Jun 15, 2023
Sold by
Silverman Zachary T and Silverman Rebecca N
Bought by
Silverman Zachary T and Silverman Zachary T

Purchase Details

Listed on
Jul 31, 2013
Closed on
Sep 6, 2013
Sold by
Mangliers Michael
Bought by
Silverman Zachary
Seller's Agent
Kelly Finley
New Century REALTORS®
Buyer's Agent
Ali Berry
Quest Realty LLC
List Price
$244,900
Sold Price
$244,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
Original Mortgage
$232,650
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2008
Sold by
Hsbc Bank Usa
Bought by
Mangliers Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,675
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2007
Sold by
Peterson Shelby C and Peterson Gwendolyn K
Bought by
Hsbc Bank Usa and Mlmi2006-Afi

Purchase Details

Closed on
Nov 7, 2000
Sold by
Mccoig Ivan
Bought by
Peterson Shelby C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
7.87%

Purchase Details

Closed on
Jan 7, 1997
Sold by
Holsapple Jessie
Bought by
Holsapple Jessie
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Silverman Zachary T $393,000 None Listed On Document
Silverman Zachary T $393,000 None Listed On Document
Gemini Capital Group Llc -- None Listed On Document
Gemini Capital Group Llc -- None Listed On Document
Silverman Zachary T -- None Listed On Document
Silverman Zachary T -- None Listed On Document
Silverman Zachary $244,900 Abstract Title Agency
Mangliers Michael $76,500 Attorneys Title Agency Llc
Hsbc Bank Usa $152,435 None Available
Peterson Shelby C $96,000 --
Holsapple Jessie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silverman Zachary T $294,750
Closed Silverman Zachary T $294,750
Previous Owner Silverman Zachary Theodore $200,001
Previous Owner Silverman Zachary $201,508
Previous Owner Silverman Zachary $234,000
Previous Owner Silverman Zachary $233,225
Previous Owner Silverman Zachary $232,975
Previous Owner Silverman Zachary $232,650
Previous Owner Mangliers Michael J $148,500
Previous Owner Mangliers Michael J $72,675
Previous Owner Peterson Shelby C $142,200
Previous Owner Peterson Shelby C $86,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold $393,000 -1.7% $258 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $399,900 +63.3% $263 / Sq Ft
09/06/2013 09/06/13 Sold $244,900 0.0% $160 / Sq Ft
08/10/2013 08/10/13 Pending -- -- --
07/31/2013 07/31/13 For Sale $244,900 -- $160 / Sq Ft

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 $7,930 $170,720 $0 $0
2022 $5,640 $159,420 $0 $0
2020 $4,678 $143,550 $0 $0
2018 $5,640 $134,290 $0 $0
2017 $5,171 $134,290 $0 $0
2015 -- $128,130 $0 $0
2014 -- $122,160 $0 $0
2011 -- $84,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

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