NOT LISTED FOR SALE

1501 Donald Ave Royal Oak, MI 48073

Estimated Value: $334,746 - $381,000

3 Beds
2 Baths
1,137 Sq Ft
$319/Sq Ft Est. Value

Last Sold August 17, 2016

Last sale price $229,500 $202 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,189/month

26 Days on Market

Highlights

  • Deck
  • No HOA
  • Porch
  • Royal Oak High School Rated 9+
  • 2 Car Detached Garage
  • Security System Owned

About This Home

As of August 2016

Royal Oak, Move-in ready, Bungalow! Home features an open kitchen to dining area with an abundance of cabinets and counter space with stainless steel appliances. Doorwall leads to large deck and private backyard for great entertaining. Yard has been professionally landscaped and well maintained. Basement was professionally finished featuring an additional large living area. Also has a great laundry room with lots of counter space and cabinets!

Last Agent to Sell the Property

Scott Rutterbush

Berkshire Hathaway HomeServices Michigan Real Est License #6501386133 Listed on: 06/02/2016

Berkshire Hathaway HomeServices Michigan Real Est

Last Buyer's Agent

Lynn Stange

Real Estate One-Troy License #RCO-6501154830

Real Estate One-Troy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1949 | Remodeled in 2013

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 44x120.18
  • Fenced

Home Design

  • Bungalow
  • Block Foundation

Interior Spaces

  • 1,137 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Security System Owned
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Norchester Woods Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2503279023

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,360

Year Built

Built in 1949 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1949
  • Year Renovated: 2013
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Humidifier, Security Alarm (owned)
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1637
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 1137
  • Sq Ft Total Bsmt: 693

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exclusions: Yes
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 44
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 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: 1875000.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 44X120.18
  • Parcel Number: 2503279023

Tax Info

  • Tax Amount Summer: 2701.0000
  • Tax Amount Winter: 659.0000
  • Total Tax: 3360.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2016
Closed on
Aug 17, 2016
Sold by
Renaker Jansen Elizabeth A and Krenke Benjamin
Bought by
Casper Ephrem
Seller's Agent
Scott Rutterbush
Berkshire Hathaway HomeServices Michigan Real Est
Buyer's Agent
Lynn Stange
Real Estate One-Troy
List Price
$225,000
Sold Price
$229,500
Premium/Discount to List
$4,500
2%
Current Estimated Value
$362,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,187
Avg. Annual Appreciation
5.12%
Original Mortgage
$183,600
Outstanding Balance
$146,586
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$216,101

Purchase Details

Closed on
Nov 4, 2013
Sold by
Renaker Jansen Elizabeth A
Bought by
Renaker Jansen Elizabeth A and Krenke Benjamin

Purchase Details

Listed on
Apr 8, 2013
Closed on
May 8, 2013
Sold by
Karapetian Steven M
Bought by
Renaker Jansen Elizabeth A
Seller's Agent
Mitchell Wolf
The Agency Hall & Hunter
Buyer's Agent
Lin Howe
Howe Team, Inc
List Price
$199,900
Sold Price
$199,000
Premium/Discount to List
-$900
-0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%
Original Mortgage
$192,358
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 2008
Sold by
Bishop Hans H and Bishop Jennifer
Bought by
Karapetian Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2003
Sold by
Ncs Mortgage Lending Co
Bought by
Dlj Mortgage Capital Inc

Purchase Details

Closed on
Dec 26, 2002
Sold by
Dlj Mortgage Capital Inc
Bought by
Bishop Hans H

Purchase Details

Closed on
Apr 9, 2002
Sold by
Smith Douglas
Bought by
Ncs Mortgage Lending Co

Purchase Details

Closed on
Sep 9, 1998
Sold by
Smith Ralph W
Bought by
Smith Douglas
Source: Public Records

Range of Values:

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Average Value
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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
Casper Ephrem $229,500 None Available
Renaker Jansen Elizabeth A -- None Available
Renaker Jansen Elizabeth A $199,000 None Available
Karapetian Steven M $152,000 Stewart Title Guaranty Co
Dlj Mortgage Capital Inc -- First American Title
Bishop Hans H $135,000 First American Title
Ncs Mortgage Lending Co $148,059 --
Smith Douglas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casper Ephrem $183,600
Previous Owner Renaker Jansen Elizabeth A $192,358
Previous Owner Karapetian Steven M $136,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2016 08/17/16 Sold $229,500 +2.0% $202 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
06/25/2016 06/25/16 Price Changed $225,000 0.0% $198 / Sq Ft
06/25/2016 06/25/16 For Sale $225,000 -4.3% $198 / Sq Ft
06/05/2016 06/05/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $235,000 +18.1% $207 / Sq Ft
05/08/2013 05/08/13 Sold $199,000 -0.5% $197 / Sq Ft View Prior Sale
04/30/2013 04/30/13 Pending -- -- --
04/08/2013 04/08/13 For Sale $199,900 -- $198 / 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 $3,263 $121,620 $0 $0
2022 $3,855 $111,340 $0 $0
2020 $3,170 $102,870 $0 $0
2018 $3,855 $92,600 $0 $0
2017 $3,801 $92,600 $0 $0
2015 -- $84,560 $0 $0
2014 -- $78,220 $0 $0
2011 -- $52,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216053935

Realcomp

APN: 25-03-279-023