NOT LISTED FOR SALE

1507 N Alexander Ave Royal Oak, MI 48067

Estimated Value: $394,000 - $424,000

3 Beds
2.5 Baths
1,287 Sq Ft
$318/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $363,000 $282 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,580/month

Highlights

  • No HOA
  • 2.5 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Royal Oak High School Rated 9+
  • Bungalow
  • 4-minute walk to Cody Park

About This Home

As of June 2022

Gorgeous updated Royal Oak Bungalow features a charming open floor plan with a large private primary suite and finished basement. Spacious living room with a wide passageway opens to a cute dining area and wonderful updated kitchen. Two entry level bedrooms share a beautifully updated full bath. Large enclosed and heated back porch. Private primary suite with vaulted ceilings and a full bath on the upper level. Finished basement with laundry, guest bedroom, half bath, and extra storage space. Some updates include, roof venting, water heater, furnace, air cleaner, booster fan for primary suite, garage gutters, underground gutter, pella windows double hung, mohawk vinyl waterproof flooring in basement, attic and basement insulation, new electrical, new plumbing, newer roof, and newer mechanics. Garden lined front walkway to a cute shaded front porch. Fenced backyard with a patio and detached two and a half car garage. Welcome Home!

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 06/01/2022

Good Company

Last Buyer's Agent

Jim Shaffer

Good Company License #6502380733 Listed on: 06/01/2022

Good Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1946

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45.00x116.00
  • Fenced

Home Design

  • Bungalow
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,287 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Partially Finished Basement

Kitchen

  • Free-Standing Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Exterior Lighting
  • Ground Level

Community Details

  • No Home Owners Association
  • Assr's Plat No 36 Royal Oak Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2515201014

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,490

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1946
  • State Equalized Value: 140620.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Range Hood, Washer
  • Sq Ft Combined: 1843
  • Sq Ft Lower Floor: 556
  • Total Sq Ft: 1287
  • Sq Ft Total Bsmt: 736

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 45
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: 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: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.12
  • Lot Dimensions: 45.00X116.00
  • Parcel Number: 2515201014

Tax Info

  • Tax Amount Summer: 4394.0000
  • Tax Amount Winter: 1096.0000
  • Total Tax: 5490.0000
  • Taxable Value: 137960.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jun 29, 2022
Sold by
Nielsen Karl E and Nielsen Abby L
Bought by
Thompson Kristin and Palmer Robert
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Jim Shaffer
Good Company
List Price
$339,900
Sold Price
$363,000
Premium/Discount to List
$23,100
6.8%
Current Estimated Value
$409,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,715
Avg. Annual Appreciation
3.77%
Original Mortgage
$333,000
Outstanding Balance
$317,247
Interest Rate
5.25%
Mortgage Type
Balloon
Estimated Equity
$92,468

Purchase Details

Listed on
Dec 3, 2018
Closed on
Jan 18, 2019
Sold by
George Peter A and George Elizabeth R
Bought by
Nielsen Karl K and Nielsen Abby L
Seller's Agent
Dan Gutfreund
Signature Sotheby's International Realty Bham
Buyer's Agent
Kathy Murphy
Coldwell Banker Weir Manuel-Bir
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%

Purchase Details

Listed on
May 13, 2015
Closed on
Jul 28, 2015
Sold by
Gnyp Designs Llc
Bought by
George Peter A and George Elizabeth R
Seller's Agent
Susan Carter
Sine & Monaghan Realtors LLC Royal Oak
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$269,500
Sold Price
$256,500
Premium/Discount to List
-$13,000
-4.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.08%

Purchase Details

Closed on
May 20, 2015
Sold by
Gnyp Bryan and Gnyp Jamie
Bought by
Gnyp Designs Llc

Purchase Details

Listed on
Oct 3, 2014
Closed on
Dec 24, 2014
Sold by
Deutsche Bank National Trust Company
Bought by
Gnyp Bryan
Seller's Agent
Korissa Wilkins
Realhome Services and Solutions Inc
Buyer's Agent
Susan Carter
Sine & Monaghan, LLC
List Price
$160,060
Sold Price
$131,969
Premium/Discount to List
-$28,091
-17.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.12%

Purchase Details

Closed on
Mar 8, 2002
Sold by
Budry Kerry B
Bought by
Budry Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

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Average Value
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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
Thompson Kristin $363,000 Stewart Title
Nielsen Karl K $285,000 Interstate Title Inc
George Peter A $256,500 None Available
Gnyp Designs Llc -- None Available
Gnyp Bryan $126,000 None Available
Budry Jeffrey A $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Kristin $333,000
Previous Owner Budry Jeffrey A $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2022 06/29/22 Sold $363,000 +6.8% $282 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $339,900 +19.3% $264 / Sq Ft
01/18/2019 01/18/19 Sold $285,000 -4.7% $251 / Sq Ft View Prior Sale
12/05/2018 12/05/18 Pending -- -- --
12/03/2018 12/03/18 For Sale $299,000 0.0% $263 / Sq Ft
07/07/2017 07/07/17 Rented $2,300 +4.5% --
06/28/2017 06/28/17 Under Contract -- -- --
06/22/2017 06/22/17 For Rent $2,200 0.0% --
07/30/2015 07/30/15 Sold $256,500 -4.8% $138 / Sq Ft View Prior Sale
06/10/2015 06/10/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $269,500 +104.2% $145 / Sq Ft
01/12/2015 01/12/15 Sold $131,969 -17.6% $127 / Sq Ft View Prior Sale
12/17/2014 12/17/14 Pending -- -- --
10/03/2014 10/03/14 For Sale $160,060 -- $154 / 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 $4,802 $165,120 $0 $0
2022 $5,456 $150,330 $0 $0
2020 $4,666 $136,060 $0 $0
2018 $5,456 $128,430 $0 $0
2017 $5,240 $128,430 $0 $0
2015 -- $80,620 $0 $0
2014 -- $74,530 $0 $0
2011 -- $63,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220039474

Realcomp

APN: 25-15-201-014