NOT LISTED FOR SALE

1416 Midland Blvd Royal Oak, MI 48073

Estimated Value: $438,000 - $503,691

4 Beds
2.5 Baths
1,790 Sq Ft
$260/Sq Ft Est. Value

Last Sold February 26, 2024

Last sale price $486,999 $272 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,862/month

10 Days on Market

Highlights

  • Ground Level Unit
  • No HOA
  • 1 Car Detached Garage
  • Royal Oak High School Rated 9+
  • Covered Patio or Porch
  • Bungalow

About This Home

As of February 2024

Highest and best by Monday, February 5th at 5PM.This is the one you have been waiting for. Beautifully updated brick bungalow in the heart of Royal Oak. Close to freeways and Royal Oak's downtown. From your first step in the front door you will be in love with this home. It is light and bright and yet warm and cozy. This home features all new laminate flooring on the entry level. New cabinets, quartz counter tops, backsplash and stainless steel appliances in this chef's kitchen. The living room has a beautiful new electric fireplace and opens to the large dining room. The second level of this home is huge with a very large Primary suite with huge updated walk in closet and bath, plus bonus space that could be used as an office or dressing area. Every inch of this home has been updated and well cared for. The lower is finished w/ half bath to add to your entertaining space. Back bedroom/office has door to brand new patio with pergola. New Furnace, A/C, roof, siding, and gutters in 2023. I could go on and on about how beautiful this property is, but you really have to see it to take in everything it has to offer.

Last Agent to Sell the Property

Tricia Wilson

Howard Hanna Birmingham License #6501371609 Listed on: 02/01/2024

Howard Hanna Birmingham

Last Buyer's Agent

Sara Ston

License #6501391884

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1954 | Remodeled in 2023

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 51x140
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,790 Sq Ft Home
  • 1.5-Story Property
  • Electric Fireplace
  • Living Room with Fireplace
  • Partially Finished Basement

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 2503478009

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,613

Year Built

Built in 1954 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1954
  • State Equalized Value: 147730.0000
  • Year Renovated: 2023
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: 100 Amp Service, Cable Available, Furnished - No
  • Fireplace: Yes
  • Fireplace Fuel: Electric
  • Fireplace Locations: Living Room
  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 2290
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 1790
  • Sq Ft Total Bsmt: 1036

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exclusions: Yes
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 51
  • Porch Type: Porch - Covered, Porch, Patio - Covered
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

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: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.16
  • Lot Dimensions: 51x140
  • Parcel Number: 2503478009

Tax Info

  • Tax Amount Summer: 4385.8900
  • Tax Amount Winter: 1228.6200
  • Total Tax: 5613.0000
  • Taxable Value: 147730.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Feb 26, 2024
Sold by
Knutson Aaron M
Bought by
Tripp Zachary and Tripp Joseph Jamie
Seller's Agent
Tricia Wilson
Howard Hanna Birmingham
Buyer's Agent
Sara Ston
List Price
$449,999
Sold Price
$486,999
Premium/Discount to List
$37,000
8.22%
Views
43
Current Estimated Value
$465,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,076
Avg. Annual Appreciation
-3.39%
Original Mortgage
$286,999
Outstanding Balance
$283,580
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$178,035

Purchase Details

Listed on
Dec 26, 2019
Closed on
Feb 26, 2020
Sold by
Setill Christopher and Degraw Rachel
Bought by
Knutson Aaron M
Seller's Agent
T J Zywicki
Good Company
Buyer's Agent
Nicole Yaeger
EXP Realty
List Price
$324,900
Sold Price
$320,000
Premium/Discount to List
-$4,900
-1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%
Original Mortgage
$256,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 30, 2017
Closed on
Jun 10, 2017
Sold by
Senior Home Vestors 53 Llc
Bought by
Setill Christopher and Degraw Rachel
Seller's Agent
Kim Agemy
Fresh Start Homes
Buyer's Agent
Kristie Lohmann
RE/MAX First
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$270,750
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2017
Sold by
Senior Home Vestors 43 Llc
Bought by
Senior Home Vestors 53 Llc

Purchase Details

Listed on
Oct 20, 2015
Closed on
Dec 2, 2016
Sold by
Murray Michael E and Murray Dominica M
Bought by
Senior Home Vestors 43 Llc
Seller's Agent
Paul Curtis
Red Door Realty Inc
Buyer's Agent
Ranee Roach
Fresh Start Homes
List Price
$198,000
Sold Price
$185,000
Premium/Discount to List
-$13,000
-6.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%
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
Tripp Zachary $486,999 Equity Title
Knutson Aaron M $320,000 None Available
Setill Christopher $285,000 None Available
Senior Home Vestors 53 Llc -- None Available
Senior Home Vestors 43 Llc $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tripp Zachary $286,999
Previous Owner Knutson Aaron M $260,000
Previous Owner Knuston Aaron M $256,000
Previous Owner Setili Christopher $277,500
Previous Owner Setill Christopher $270,750
Previous Owner Murray Michael E $65,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2024 02/26/24 Sold $486,999 +8.2% $272 / Sq Ft
02/11/2024 02/11/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $449,999 +40.6% $251 / Sq Ft
03/05/2020 03/05/20 Sold $320,000 -1.5% $179 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
12/26/2019 12/26/19 For Sale $324,900 +14.0% $182 / Sq Ft
06/12/2017 06/12/17 Sold $285,000 0.0% $143 / Sq Ft
05/04/2017 05/04/17 Pending -- -- --
04/29/2017 04/29/17 For Sale $285,000 0.0% $143 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $285,000 +54.1% $143 / Sq Ft
12/02/2016 12/02/16 Sold $185,000 -6.6% $119 / Sq Ft
09/07/2016 09/07/16 Pending -- -- --
08/30/2016 08/30/16 Price Changed $198,000 0.0% $127 / Sq Ft
08/30/2016 08/30/16 For Sale $198,000 -15.7% $127 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
10/20/2015 10/20/15 For Sale $234,900 -- $151 / 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 $4,559 $157,930 $0 $0
2022 $5,436 $142,340 $0 $0
2020 $4,430 $135,240 $0 $0
2018 $5,436 $118,120 $0 $0
2017 $6,683 $118,120 $0 $0
2015 -- $102,240 $0 $0
2014 -- $88,360 $0 $0
2011 -- $88,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240004808

Realcomp

APN: 25-03-478-009