NOT LISTED FOR SALE

1512 Ferris Ave Royal Oak, MI 48067

Estimated Value: $352,000 - $486,769

3 Beds
2.5 Baths
1,320 Sq Ft
$319/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $455,000 $345 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,716/month

19 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Covered Patio or Porch
  • Royal Oak High School Rated 9+
  • No HOA
  • 2 Car Detached Garage

About This Home

As of October 2022

This is the perfectly renovated and move-in ready Royal Oak home you've been looking for. From top to bottom, this solid block and stucco home has been completely updated. It offers you all the amenities of a new construction home, but leaving some of the original charm. From the second you walk up you will be greeted by a new concrete driveway, front porch with a metal roof which is great to enjoy our Michigan fall season with the tree lined street. Entering the home, you find a welcoming open floor plan that flows through the first floor with rare amenities including a first-floor half bath, gas fireplace, and all new kitchen with farmhouse sink and upgraded countertops. Spacious dining space leading out to an oversized rear deck with plenty of space to entertain. Finished basement includes a full bath with a soaker tub, heated floors and full laundry room. Upstairs you have three spacious bedrooms and a full bath. The bath includes a euro shower, double vanity and heated floors. Huge rear yard unlike most Royal Oak homes in addition to the 2 car detached garage with a new concrete floor. All new windows with warranty and custom closet systems throughout truly complete this home.

Last Agent to Sell the Property

Saverio Montalto

DOBI Real Estate License #6501380912 Listed on: 09/06/2022

DOBI Real Estate

Last Buyer's Agent

Mike Mattucci

Max Broock, REALTORS®-Birmingham License #RCO-6501364380

Max Broock, REALTORS®-Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 52.00 x 135.00
  • Fenced

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,320 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Breezeway

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
  • Southlawn Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2515204015

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,816

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1925
  • State Equalized Value: 119560.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 1982
  • Sq Ft Lower Floor: 662
  • Total Sq Ft: 1320
  • Sq Ft Total Bsmt: 662

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Block, Stucco
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 52
  • Porch Type: Porch - Covered, Deck, Porch, Breezeway
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Door Opener, 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)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Lot Size Area: 0.16
  • Lot Dimensions: 52.00 x 135.00
  • Parcel Number: 2515204015

Tax Info

  • Tax Amount Summer: 3055.0000
  • Tax Amount Winter: 761.0000
  • Total Tax: 3816.0000
  • Taxable Value: 95940.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Oct 17, 2022
Sold by
Dalessandro Anthony
Bought by
Matanick Brandon and Nakad Waad
Seller's Agent
Saverio Montalto
DOBI Real Estate
Buyer's Agent
Mike Mattucci
Max Broock, REALTORS®-Birmingham
List Price
$488,900
Sold Price
$455,000
Premium/Discount to List
-$33,900
-6.93%
Views
42
Current Estimated Value
$420,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,308
Avg. Annual Appreciation
-2.33%
Original Mortgage
$409,500
Outstanding Balance
$396,857
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$28,205

Purchase Details

Listed on
May 8, 2015
Closed on
Jul 1, 2015
Sold by
Mcgraw Marlanea I
Bought by
Dalessandro Anthony
Seller's Agent
Saverio Montalto
DOBI Real Estate
Buyer's Agent
Saverio Montalto
DOBI Real Estate
List Price
$180,000
Sold Price
$185,000
Premium/Discount to List
$5,000
2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.12%
Original Mortgage
$175,750
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2004
Sold by
Cottrell Barbara R
Bought by
Mcgraw Marlanea I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,920
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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
Matanick Brandon $455,000 None Listed On Document
Matanick Brandon $455,000 --
Dalessandro Anthony $185,000 Michigan Investment Title In
Mcgraw Marlanea I $209,900 Philip R Seaver Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nakad Waad $409,500
Closed Matanick Brandon $409,500
Previous Owner Dalessandro Anthony J $216,000
Previous Owner Dalessandro Anthony $203,000
Previous Owner Dalessandro Anthony $42,000
Previous Owner Dalessandro Anthony $177,720
Previous Owner Dalessandro Anthony $175,750
Previous Owner Mcgraw Marlanea $15,000
Previous Owner Mcgraw Marlanea I $167,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $455,000 -3.0% $345 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
09/12/2022 09/12/22 Price Changed $469,000 -4.1% $355 / Sq Ft
09/06/2022 09/06/22 For Sale $488,900 +164.3% $370 / Sq Ft
07/01/2015 07/01/15 Sold $185,000 +2.8% $140 / Sq Ft
05/08/2015 05/08/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $180,000 -- $136 / 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 $5,300 $182,060 $0 $0
2022 $3,963 $125,190 $0 $0
2020 $5,150 $110,710 $0 $0
2018 $3,963 $94,540 $0 $0
2017 $3,678 $94,540 $0 $0
2015 -- $87,890 $0 $0
2014 -- $83,470 $0 $0
2011 -- $69,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221033638

Realcomp

APN: 25-15-204-015