NOT LISTED FOR SALE

1503 Butternut Ave Royal Oak, MI 48073

Estimated Value: $346,749 - $373,000

3 Beds
1 Bath
1,267 Sq Ft
$286/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $299,000 $236 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,266/month

34 Days on Market

Highlights

  • No HOA
  • Stainless Steel Appliances
  • Porch
  • Royal Oak High School Rated 9+
  • 3 Car Detached Garage
  • Patio

About This Home

As of June 2022

Stunning Brick Bungalow on a deep CORNER lot! Enjoy SUMMER in your backyard and cool nights on the expansive back patio! Walk inside to a living/dining area featuring a large picture window, dark hardwood floors and modern paint tones. Enjoy the gorgeous Kitchen with custom snackbar, tile Backsplash, Tall Kitchen Cabinetry, Built In Pantry, SS appliances and Coffee Bar. Enjoy the bright Family Room w. attached dining area. Three bedrooms w/ remodeled Full Bath w/ tile and beautiful fixtures. 2 Main Floor large bedrooms. Upstairs Master Bedroom w/ Built in and plenty of closet space. BASEMENT has recreation area w/ built-in refrigerator, pantry, laundry area, workbench and tons of storage! OUTSIDE: Amazing Paver Patio and Walkway. Landscaped and fully Fenced. 3 car garage is in disrepair and is mainly used for storage. 1-year Home Warranty is included.

Last Agent to Sell the Property

Linda Eriksen

Max Broock, REALTORS®-Birmingham License #6502386976 Listed on: 05/12/2022

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Brie Cocroft

Max Broock, REALTORS®-Birmingham License #RCO-6501411428

Max Broock, REALTORS®-Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1951 | Remodeled in 2014

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 50.00x218.00
  • Fenced

Home Design

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

Interior Spaces

  • 1,267 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Sump Pump

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Forest Heights Sub No 1 Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2509105017

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,894

Year Built

Built in 1951 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Warranty: Yes
  • Year Built: 1951
  • State Equalized Value: 116270.0000
  • Year Renovated: 2014
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail, Humidifier
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 1767
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 1267
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Electricity, Door Opener, Side Entrance, 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)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.25
  • Lot Dimensions: 50.00X218.00
  • Parcel Number: 2509105017

Tax Info

  • Tax Amount Summer: 3117.0000
  • Tax Amount Winter: 777.0000
  • Total Tax: 3894.0000
  • Taxable Value: 97860.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 28, 2022
Sold by
Jordan Kamysiak
Bought by
Rizk Christopher and Vantlem Alisha
Seller's Agent
Linda Eriksen
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Brie Cocroft
Max Broock, REALTORS®-Birmingham
List Price
$319,000
Sold Price
$299,000
Premium/Discount to List
-$20,000
-6.27%
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
$63,687
Avg. Annual Appreciation
6.06%
Original Mortgage
$290,030
Outstanding Balance
$277,213
Interest Rate
5.81%
Estimated Equity
$85,474

Purchase Details

Closed on
May 28, 2015
Sold by
Parmley Keith
Bought by
Kamysiak Jordan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,100
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2003
Sold by
Chamer Elizabeth and Chamer Marianna
Bought by
Parmley Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,150
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 1999
Sold by
Forster Janice L
Bought by
Chamer Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,600
Interest Rate
7.04%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rizk Christopher $299,000 None Listed On Document
Kamysiak Jordan $198,000 Title Source Inc
Parmley Keith $195,000 Lighthouse Title Agency
Chamer Elizabeth $154,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rizk Christopher $290,030
Previous Owner Kamysiak Jordan $188,100
Previous Owner Parmley Keith $189,150
Previous Owner Chamer Elizabeth $138,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold $299,000 0.0% $236 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
06/10/2022 06/10/22 Price Changed $299,000 -6.3% $236 / Sq Ft
06/06/2022 06/06/22 For Sale $319,000 +6.7% $252 / Sq Ft
05/16/2022 05/16/22 Off Market $299,000 -- --
05/16/2022 05/16/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $319,000 -- $252 / 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 $4,110 $141,910 $0 $0
2022 $3,870 $123,570 $0 $0
2020 $3,993 $113,010 $0 $0
2018 $3,870 $101,520 $0 $0
2017 $3,719 $101,520 $0 $0
2015 -- $84,370 $0 $0
2014 -- $82,270 $0 $0
2011 -- $70,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2220034590

Realcomp

APN: 25-09-105-017