$115,000
SOLD JUL 31, 2015

1405 E Lincoln Ave Royal Oak, MI 48067

3 Beds
1 Bath
1,250 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$92 Per Sq Ft

12% Below List Price

8 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Fireplace in Basement
  • Royal Oak High School Rated 9+
  • Bungalow
  • 3-minute walk to VFW Park

About This Home

As of January 2016

GREAT VALUE IN ROYAL OAK. THREE BEDROOMS,ONE BATHROOM,NO GARAGE,BASEMENT UNFINISHED. REFRIGERATOR, PORTABLE DISHWASHER AND STOVE INCLUDED .BUYERS AGENT TO VERIFY ALL INFO AND MEASUREMENTS.VERY CLOSE TO PARKS AND ALL THE ACTION OF DOWNTOWN ROYAL OAK.EASY ACCESS TO GREAT DINING,ENTERTAINMENT,SHOPPING AND FREEWAYS.

Last Agent to Sell the Property

Rrok Koleci

RK Real Estate LLC License #6502390181 Listed on: 06/23/2015

Last Buyer's Agent

Robert Coburn

RE/MAX First License #6501265468

RE/MAX First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1951

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 45x99.89

Home Design

  • Bungalow
  • Poured Concrete
  • Asphalt Roof
  • Asbestos

Interior Spaces

  • 1,250 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Fireplace in Basement
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Resub Of White Acres Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522282019

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,784

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Basement
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Disposal
  • Sq Ft Combined: 1250
  • Total Sq Ft: 1250
  • Sq Ft Total Bsmt: 704

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Asbestos
  • Foundation Materials: Poured
  • Frontage Feet: 25
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: 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: 1299990.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 45X99.89
  • Parcel Number: 2522282019

Tax Info

  • Tax Amount Summer: 2247.0000
  • Tax Amount Winter: 537.0000
  • Total Tax: 2784.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2015
Closed on
Jan 8, 2016
Sold by
Kendall Custom Homes Llc
Bought by
Kamberovski Ditar
Seller's Agent
Robert E. Coburn
RE/MAX Partners
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$229,900
Sold Price
$230,100
Premium/Discount to List
$200
0.09%
Current Estimated Value
$372,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,669
Avg. Annual Appreciation
4.99%
Original Mortgage
$210,100
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2015
Closed on
Jul 31, 2015
Sold by
Marsh John Thomas and Marsh Catherine Mae
Bought by
Kendall Custom Homes Llc
Seller's Agent
Rrok Koleci
RK Real Estate LLC
Buyer's Agent
Robert Coburn
RE/MAX First
List Price
$129,999
Sold Price
$115,000
Premium/Discount to List
-$14,999
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
383.71%
Original Mortgage
$195,000
Interest Rate
4.08%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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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 $230,100 Partners Title Agency Llc
Warranty Deed $115,000 Abstract Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $210,900 New Conventional
Closed $210,100 New Conventional
Previous Owner $195,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2016 01/08/16 Sold $230,100 +0.1% $184 / Sq Ft
11/24/2015 11/24/15 Pending -- -- --
11/17/2015 11/17/15 For Sale $229,900 +99.9% $184 / Sq Ft
07/31/2015 07/31/15 Sold $115,000 -11.5% $92 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
06/23/2015 06/23/15 For Sale $129,999 -- $104 / 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 $3,675 $135,510 $0 $0
2022 $4,342 $125,340 $0 $0
2020 $3,571 $114,600 $0 $0
2018 $4,342 $101,660 $0 $0
2017 $4,173 $101,660 $0 $0
2015 -- $78,640 $0 $0
2014 -- $68,720 $0 $0
2011 -- $69,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215064840

Realcomp

APN: 25-22-282-019