NOT LISTED FOR SALE

1506 Mohawk Ave Royal Oak, MI 48067

Estimated Value: $258,000 - $300,000

3 Beds
1 Bath
1,018 Sq Ft
$280/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $248,000 $244 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,695/month

38 Days on Market

Highlights

  • No HOA
  • 2 Car Direct Access Garage
  • Forced Air Heating and Cooling System
  • Royal Oak High School Rated 9+
  • Bungalow
  • 3-minute walk to Lawson Park

About This Home

As of March 2024

Welcome to 1506 Mohawk Avenue, a delightful 3-bed, 1-bath bungalow in Royal Oak. This home features a sunroom, attached garage, and a nice-sized lot. Enjoy the convenience of being close to the expressway and minutes away from Downtown Royal Oak. Ideal for comfortable living with three bedrooms. Don't miss out – schedule a showing today and embrace the charm of urban living in Royal Oak!

Last Agent to Sell the Property

Jacob Palmer

EXP Realty Romeo License #6501436233 Listed on: 01/12/2024

EXP Realty Romeo

Co-Listed By

Ken Hirschmann

EXP Realty License #6506046502

Last Buyer's Agent

Robert Raymor

Liberty Way Realty License #6501352360

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1942

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x134

Parking

  • 2 Car Direct Access Garage

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,018 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Unfinished Basement

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Homestead Farms Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522456002

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,421

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 586.00
  • Year Built: 1942
  • State Equalized Value: 114870.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1018
  • Total Sq Ft: 1018
  • Sq Ft Total Bsmt: 806

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Attached
  • 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)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.15
  • Lot Dimensions: 50x134
  • Parcel Number: 2522456002

Tax Info

  • Tax Amount Summer: 2805.0000
  • Tax Amount Winter: 616.0000
  • Total Tax: 3421.0000
  • Taxable Value: 74030.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Mar 29, 2024
Sold by
Davis Ryan S
Bought by
Raymor Sean
Seller's Agent
Jacob Palmer
EXP Realty Romeo
Buyer's Agent
Robert Raymor
Liberty Way Realty
List Price
$255,000
Sold Price
$248,000
Premium/Discount to List
-$7,000
-2.75%
Views
92
Current Estimated Value
$284,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,903
Avg. Annual Appreciation
9.76%
Original Mortgage
$198,400
Outstanding Balance
$195,447
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$89,456

Purchase Details

Closed on
Mar 14, 2002
Sold by
Stoops Kevin P and Stoops Mary A
Bought by
Davis Ryan S
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
Raymor Sean $248,000 None Listed On Document
Raymor Sean $248,000 None Listed On Document
Raymor Sean $248,000 None Listed On Document
Davis Ryan S $145,000 Clinton Valley Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raymor Sean $198,400
Closed Raymor Sean $198,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $248,000 -4.6% $244 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
02/13/2024 02/13/24 Price Changed $260,000 +2.0% $255 / Sq Ft
02/13/2024 02/13/24 Price Changed $255,000 0.0% $250 / Sq Ft
02/13/2024 02/13/24 For Sale $255,000 -1.9% $250 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
01/25/2024 01/25/24 Price Changed $260,000 -3.7% $255 / Sq Ft
01/12/2024 01/12/24 For Sale $270,000 -- $265 / 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 $2,284 $121,940 $0 $0
2022 $2,699 $109,500 $0 $0
2020 $2,805 $95,180 $0 $0
2018 $2,699 $81,720 $0 $0
2017 $2,629 $81,720 $0 $0
2015 -- $72,370 $0 $0
2014 -- $67,030 $0 $0
2011 -- $61,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240001100

Realcomp

APN: 25-22-456-002