NOT LISTED FOR SALE

1506 Edgewood Dr Royal Oak, MI 48067

Estimated Value: $420,000 - $449,207

3 Beds
1.5 Baths
1,321 Sq Ft
$331/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $387,000 $293 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,962/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • Stainless Steel Appliances
  • Northwood Elementary School Rated A-
  • No HOA
  • Balcony

About This Home

As of October 2022

Outstanding colonial with numerous updates in Royal Oak's desirable Walden Park subdivision. Spacious foyer, hardwood floors throughout, crown moldings & pristine vintage hardware. Living room with natural fireplace & bay window, formal dining room, windowed office with heated floors, bead board ceiling & French doors leading patio & gorgeous, fully fenced lot. Kitchen has display cabinets and stainless steel appliances. First-floor lav with designer wallpaper & pedestal sink. Beautiful 2020 full bath with subway tile, quartz vanity with double sinks, and custom tile floor. 2021 Furnace & AC. 2019 Roof. Newer windows. 2 Car garage with new electrical & garage door opener. Excellent location only blocks from expressways, shopping, schools, Downtown Royal Oak & the Detroit Zoo.

Last Agent to Sell the Property

Lanie Hardy Cosgrove

KW Domain License #6501261101 Listed on: 09/14/2022

KW Domain

Co-Listed By

Leslie Hardy

KW Domain License #6501327467

Last Buyer's Agent

Madeline Fox Butcher

@Properties Collective License #RCO-6501390577

@Properties Collective

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1945

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x138
  • Fenced

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,321 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Living Room with Fireplace
  • Partially Finished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2516205019

Community Details

Overview

  • No Home Owners Association
  • Walden Park No 1 Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,758

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1945
  • State Equalized Value: 157890.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Furnished - Partially, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Oven, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer
  • Total Sq Ft: 1321

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Porch Type: Balcony, Porch - Enclosed, Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: E
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Side Entrance, Electricity, Door Opener, Detached
  • 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: Yes

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.15
  • Lot Dimensions: 50x138
  • Parcel Number: 2516205019

Tax Info

  • Tax Amount Summer: 4569.0000
  • Tax Amount Winter: 1189.0000
  • Total Tax: 5758.0000
  • Taxable Value: 154660.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Oct 21, 2022
Sold by
Abraham Michael John and Abraham Lynsey
Bought by
Grisham Michael Andrew and Hall Helena
Seller's Agent
Lanie Hardy Cosgrove
KW Domain
Buyer's Agent
Madeline Fox Butcher
@Properties Collective
List Price
$399,000
Sold Price
$387,000
Premium/Discount to List
-$12,000
-3.01%
Views
9
Current Estimated Value
$437,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,302
Avg. Annual Appreciation
4.13%
Original Mortgage
$290,250
Outstanding Balance
$276,868
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$160,434

Purchase Details

Listed on
Jul 7, 2020
Closed on
Aug 13, 2020
Sold by
Chatman Kelley and The Estate Of Jean Ann Biaforo
Bought by
Abraham Michael John and Abraham Lynsey
Seller's Agent
Janet Corey
John Graham Realty, LLC
Buyer's Agent
Lanie Hardy Cosgrove
KW Domain
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%

Purchase Details

Closed on
Sep 1, 1999
Sold by
Glushyn Kimberly H
Bought by
Biafora Jeanne A
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
Grisham Michael Andrew $387,000 None Listed On Document
Grisham Michael Andrew $387,000 --
Abraham Michael John $340,000 None Available
Biafora Jeanne A $212,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grisham Michael Andrew $290,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2022 10/21/22 Sold $387,000 -3.0% $293 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $399,000 +17.4% $302 / Sq Ft
08/14/2020 08/14/20 Sold $340,000 -2.8% $257 / Sq Ft View Prior Sale
07/09/2020 07/09/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $349,900 0.0% $265 / Sq Ft
04/01/2012 04/01/12 Rented $1,600 -33.3% --
02/28/2012 02/28/12 Under Contract -- -- --
02/06/2012 02/06/12 For Rent $2,400 -- --
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 $8,080 $177,810 $0 $0
2022 $5,921 $157,890 $0 $0
2020 $7,793 $117,690 $0 $0
2018 $5,921 $111,620 $0 $0
2017 $3,925 $111,620 $0 $0
2015 -- $105,820 $0 $0
2014 -- $100,640 $0 $0
2011 -- $91,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20221041441

Realcomp

APN: 25-16-205-019