NOT LISTED FOR SALE

1505 Cherokee Ave Royal Oak, MI 48067

Estimated Value: $341,000 - $425,000

3 Beds
2 Baths
1,078 Sq Ft
$356/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $300,000 $278 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,401/month

1 Day on Market

Highlights

  • No HOA
  • Stainless Steel Appliances
  • Bungalow
  • Royal Oak High School Rated 9+
  • 1 Car Detached Garage
  • 4-minute walk to Dondero Park

About This Home

As of March 2021

****Highest and Best due 5pm Sunday, February 21, 2021 ********Welcome to 1505 Cherokee: This completely updated 3 bed, 2 bath brick bungalow is a must-see. Hardwood floors throughout the home, updated kitchen with granite countertops and stainless steel appliances that opens to the dining room. The dining room has an entry to the backyard that is perfect for entertaining with a covered patio for outdoor living. Both full bathrooms have been entirely updated to be modern and stylish. A fully finished basement with egress windows adds additional living space great for a home office, gym, or another family room. The possibilities are endless with this move-in-ready home!

Last Agent to Sell the Property

Wendi Miller

Good Company License #6501366866 Listed on: 02/19/2021

Good Company

Co-Listed By

Sydney Miller

The Agency Hall & Hunter License #6501423054

Last Buyer's Agent

Jack Apap

@properties Christie's Int'l R.E. Birmingham License #6501383481

@properties Christie's Int'l R.E. Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1945

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 42.00x134.00

Parking

  • 1 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,078 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2522459002

Community Details

Overview

  • No Home Owners Association
  • Homestead Farms Sub Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,953

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1945
  • State Equalized Value: 125660.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 1964
  • Sq Ft Lower Floor: 886
  • Total Sq Ft: 1078
  • Sq Ft Total Bsmt: 886

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 42
  • Road Frontage Type: Paved

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
  • List Price per Acre: 2307692.3077
  • Lot Size Area: 0.13
  • Lot Dimensions: 42.00X134.00
  • Parcel Number: 2522459002

Tax Info

  • Tax Amount Summer: 3875.0000
  • Tax Amount Winter: 1078.0000
  • Total Tax: 4953.0000
  • Taxable Value: 120900.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2021
Closed on
Mar 19, 2021
Sold by
Dandino Kayla B and Dandino Shon M
Bought by
Kolanowski Benjamin
Seller's Agent
Wendi Miller
Good Company
Buyer's Agent
Jack Apap
@properties Christie's Int'l R.E. Birmingham
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$383,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,273
Avg. Annual Appreciation
5.51%

Purchase Details

Listed on
Jul 13, 2017
Closed on
Aug 29, 2017
Sold by
Cholfe Jason
Bought by
Tramontana Shon M and Dandino Kayla B
Seller's Agent
Janine Toundaian
Coldwell Banker Professionals Birm
Buyer's Agent
Wendi Miller
KW Domain
List Price
$234,000
Sold Price
$241,000
Premium/Discount to List
$7,000
2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%

Purchase Details

Listed on
Mar 20, 2014
Closed on
May 16, 2014
Sold by
Bescoe Bradley M and Bescoe Caroline
Bought by
Cholfe Jason
Seller's Agent
Todd Craft
City Life Realty, PC
Buyer's Agent
Janine Toundaian
Coldwell Banker Professionals Birm
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.20%
Original Mortgage
$140,250
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2006
Sold by
Shope William W and Shope W
Bought by
Bescoe Bradley M

Purchase Details

Closed on
Jul 23, 2002
Sold by
Revocable Living Trust Jerome M Bentz
Bought by
Shope William W
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
Kolanowski Benjamin $300,000 Cislo Title Co
Tramontana Shon M $241,000 Liberty Title
Cholfe Jason $165,000 None Available
Bescoe Bradley M $169,900 Multiple
Shope William W $151,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cholfe Jason $140,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2021 03/19/21 Sold $300,000 0.0% $278 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $300,000 +24.5% $278 / Sq Ft
08/29/2017 08/29/17 Sold $241,000 +3.0% $224 / Sq Ft View Prior Sale
07/16/2017 07/16/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $234,000 +41.8% $217 / Sq Ft
05/16/2014 05/16/14 Sold $165,000 0.0% $153 / Sq Ft View Prior Sale
04/04/2014 04/04/14 Pending -- -- --
03/20/2014 03/20/14 For Sale $165,000 -- $153 / 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 $4,427 $151,830 $0 $0
2022 $5,335 $139,360 $0 $0
2020 $4,506 $125,660 $0 $0
2018 $5,335 $87,800 $0 $0
2017 $3,220 $87,800 $0 $0
2015 -- $77,530 $0 $0
2014 -- $71,330 $0 $0
2011 -- $64,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210004380

Realcomp

APN: 25-22-459-002