NOT LISTED FOR SALE

1425 S Main St Royal Oak, MI 48067

Estimated Value: $399,640 - $428,000

3 Beds
2 Baths
1,870 Sq Ft
$224/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $299,500 $160 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,229/month

1 Day on Market

Highlights

  • Balcony
  • 1 Car Direct Access Garage
  • Ceiling Fan
  • Northwood Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • 4-minute walk to Wendland Park

About This Home

As of November 2020

Incredible townhouse in the heart of Royal Oak. Soaring 20 ft ceilings with large windows provide an abundance of natural light making these condos truly one of a kind! Get cozy around the gas fireplace during those cold Michigan winters. Enormous master suite features a walk in closet and jacuzzi tub. Loft space has beautiful built-in bookcases overlooking the two story great room making it a perfect office space right off of the master suite. The loft also has a wonderful flex space perfect for an exercise area or children’s play room. Additional built ins in one of the bedrooms allow the flexibility for a Library/Study or use as another bedroom. Covered balcony overlooking Main Street make it the ideal place for relaxing on summer nights, and for watching the Dream Cruise. Walking distance to the downtown Royal Oak and close to Downtown Ferndale. Easy access to most major freeways, leads to a quick commute to Downtown Detroit, or any other entertainment, work and recreation.

Last Agent to Sell the Property

Zachary Ribitwer

KW Domain License #6501390636 Listed on: 10/21/2020

KW Domain

Last Buyer's Agent

Christina Gennari

KW Domain License #6501322143

KW Domain

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 1997

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,870 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Basement

Kitchen

  • Free-Standing Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

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

Additional Features

  • Private Entrance
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2522353047

Community Details

Overview

  • Kramer Triad Management Group Association, Phone Number (248) 888-4700
  • Main Street Centre Occpn 1071 Subdivision
  • On-Site Maintenance

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,189

Year Built

Built in 1997

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Townhouse
  • Architecture Level: 3 Story
  • Assessment: 238.03
  • Year Built: 1997
  • State Equalized Value: 162870.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Private
  • Kitchen Appliances: Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Free-Standing Electric Oven, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 1870

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Grounds Maintenance, Lighting, Private Entry
  • Foundation Materials: Poured
  • Porch Type: Balcony
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: 2+ Assigned Spaces, Attached, Direct Access, 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

  • HOA Fee Includes: Maintenance Grounds, Maintenance Structure, Snow Removal, Trash
  • Association Fee Frequency: Monthly
  • Phone: 248-888-4700, Kramertriad.com
  • Association Fee: 325
  • Association Contact: Kramer-Triad Management Group
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • Parcel Number: 2522353047

Tax Info

  • Tax Amount Summer: 5628.0000
  • Tax Amount Winter: 1561.0000
  • Total Tax: 7189.0000
  • Taxable Value: 160090.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Nov 10, 2020
Sold by
Dhillon Puneet and Mangat Harsimarpeet
Bought by
Maki Ahmed
Seller's Agent
Zachary Ribitwer
KW Domain
Buyer's Agent
Christina Gennari
KW Domain
List Price
$339,000
Sold Price
$299,500
Premium/Discount to List
-$39,500
-11.65%
Current Estimated Value
$418,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,410
Avg. Annual Appreciation
6.79%

Purchase Details

Closed on
May 31, 2017
Sold by
Hafford Juliet C and Trippe Barbara L
Bought by
Dhillon Puneet and Mangat Harsimarpeet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
3.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 27, 2017
Sold by
Hafford Juliet C and Trippe Barbara L
Bought by
Hafford Juliet C and Trippe Barbara L

Purchase Details

Closed on
Apr 6, 2000
Sold by
Hafford Juliet C
Bought by
Hafford Juliet C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maki Ahmed $299,500 None Available
Dhillon Puneet $308,000 Devonshire Title Agency
Hafford Juliet C -- None Available
Hafford Juliet C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dhillon Puneet $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2020 11/12/20 Sold $299,500 -11.7% $160 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $339,000 -- $181 / 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 $8,424 $175,260 $0 $0
2022 $9,268 $161,290 $0 $0
2020 $8,228 $0 $0 $0
2018 $9,268 $152,000 $0 $0
2017 $4,193 $152,000 $0 $0
2015 -- $130,190 $0 $0
2014 -- $124,870 $0 $0
2011 -- $93,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200087444

Realcomp

APN: 25-22-353-047