NOT LISTED FOR SALE

1504 Hoffman Ave Royal Oak, MI 48067

Estimated Value: $307,181 - $348,000

3 Beds
2 Baths
1,100 Sq Ft
$298/Sq Ft Est. Value

Last Sold April 16, 2015

Last sale price $159,900 $145 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,968/month

154 Days on Market

Highlights

  • Fenced Yard
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Royal Oak High School Rated 9+
  • Patio
  • 1-minute walk to Dondero Park

About This Home

As of April 2015

3 bedroom bungalow with a family room addition. Refinished hardwood flooring, roof (2014), siding (2014), plumbing (2014), furnace and A/C (2008). Family room has cathedral ceiling and doorwall that opens to patio. Finished basement. All appliances stay. Located right next to park.

Last Agent to Sell the Property

Elyse VanHouzen

RE/MAX Showcase Homes License #MISPE-6501295434 Listed on: 10/06/2014

RE/MAX Showcase Homes

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,142

Year Built

  • Built in 1942

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x131
  • Fenced Yard

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2522477016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,142

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Structure Style: 1 1/2 Story
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Block, Partially Finished
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 14 x 11
  • Bedroom 2: On Entry Level, Dimensions: 11 x 9
  • Bedroom 3: On Entry Level, Dimensions: 11 x 9
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Family Room: On Entry Level, Dimensions: 11 x 10
  • Kitchen: On Entry Level, Dimensions: 13 x 9
  • Living Room: On Entry Level, Dimensions: 15 x 11
  • Above Grade Finished Sq Ft: 1100
  • Total Finished Sq Ft: 1100

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Fenced Yard, Patio
  • Foundation: Basement
  • Frontage: 40
  • Road: Paved Street

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: 2522477016
  • Lot Dimensions: 40x131
  • Acreage: 0.12
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $1,882.00
  • Winter Tax: Amount: $260.00

MLS Schools

  • School District: Royal Oak Neighborhood Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2014
Closed on
Apr 16, 2015
Sold by
Wiemer Erich M and Wiemer Megan
Bought by
Cominotto Eric and Schmidt Laura
Seller's Agent
Elyse VanHouzen
RE/MAX Showcase Homes
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$174,900
Sold Price
$159,900
Premium/Discount to List
-$15,000
-8.58%
Current Estimated Value
$327,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,395
Avg. Annual Appreciation
7.05%

Purchase Details

Closed on
Jul 25, 2007
Sold by
Pipp Walter B and Pipp Sharon M
Bought by
Wiemer Erich M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,830
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2005
Sold by
Pipp Sharon M and Michaelson Sharon
Bought by
Pipp Walter B and Pipp Sharon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,750
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2002
Sold by
Swisher Mary E
Bought by
Michaelson Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.26%

Purchase Details

Closed on
Jun 26, 1998
Sold by
Grembowski John
Bought by
Swisher Mary E
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
Cominotto Eric $159,900 Partners Title Agency Llc
Wiemer Erich M $139,000 Metropolitan Title Company
Pipp Walter B -- Wilson Title Agency Llc
Michaelson Sharon $150,000 --
Swisher Mary E $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wiemer Erich M $134,830
Previous Owner Pipp Walter B $129,750
Previous Owner Michaelson Sharon $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2015 04/16/15 Sold $159,900 -8.6% $145 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
10/06/2014 10/06/14 For Sale $174,900 -- $159 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,842 $124,740 $0 $0
2022 $3,358 $111,930 $0 $0
2020 $2,762 $99,020 $0 $0
2018 $3,358 $82,930 $0 $0
2017 $3,228 $82,930 $0 $0
2015 -- $64,480 $0 $0
2014 -- $59,520 $0 $0
2011 -- $54,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31215425

Michigan Multiple Listing Service

APN: 25-22-477-016