NOT LISTED FOR SALE

1516 Edgewood Dr Royal Oak, MI 48067

Estimated Value: $438,904 - $471,000

3 Beds
1.5 Baths
1,588 Sq Ft
$286/Sq Ft Est. Value

Last Sold July 07, 2020

Last sale price $340,000 $214 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,822/month

6 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • 2 Car Attached Garage
  • Northwood Elementary School Rated A-
  • Porch
  • Patio

About This Home

As of July 2020

Virtual tours available. Gorgeous Royal Oak colonial with beautiful hardwood floors, bright back family room, and partially finished basement. Entry foyer leads to a spacious living room with big bay window, cozy gas fireplace, and coved ceilings. Traditional dining room connects the main living spaces. Beautiful updated kitchen with stainless steel appliances, tile backsplash, and plenty of cabinet and counter space. Back family room with vaulted ceilings and tons of natural light. Entry half bath off the side door. Three large bedrooms share a full bath on the second floor. Partially finished basement with recessed lighting, laundry area, and plenty of storage space. Fantastic curb appeal with beautiful landscaping. Charming private backyard with brick patio, and detached two car garage. Awesome location, close to local parks and just a mile from downtown Royal Oak. Welcome Home!

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 06/04/2020

Good Company

Last Buyer's Agent

Roy Wilson

Remerica United Realty License #RCO

Remerica United Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1945

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x138x50x138
  • Fenced
  • Sprinkler System

Home Design

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

Interior Spaces

  • 1,588 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Security System Owned
  • Partially Finished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Walden Park No 1 Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2516205017
  • $2,100 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,816

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Warranty: Yes
  • Year Built: 1945
  • State Equalized Value: 142610.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Humidifier, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • 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, Microwave, Free-Standing Gas Range, Range Hood, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 1588

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

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

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2186875.0000
  • Lot Features: Sprinkler(s)
  • Lot Size Area: 0.16
  • Lot Dimensions: 50X138X50X138
  • Parcel Number: 2516205017

Tax Info

  • Tax Amount Summer: 4531.0000
  • Tax Amount Winter: 1285.0000
  • Total Tax: 5816.0000
  • Taxable Value: 141410.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 7, 2020
Sold by
Simon Daniel and Smith Craig
Bought by
Mckeachie Andrew B and Kane Kelly E
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Roy Wilson
Remerica United Realty
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%
Current Estimated Value
$453,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,726
Avg. Annual Appreciation
5.58%

Purchase Details

Listed on
Dec 19, 2015
Closed on
Feb 12, 2016
Sold by
Erken William A
Bought by
Simon Daniel and Smith Craig
Seller's Agent
Linda Sailer
Real Estate One-Oxford
Buyer's Agent
Matthew Kraft
Signature Sotheby's International Realty Bham
List Price
$289,900
Sold Price
$289,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.69%
Original Mortgage
$231,920
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2005
Sold by
Krueger Kimberly M
Bought by
Erken William A and Erken Gabrielle A

Purchase Details

Closed on
Sep 15, 2000
Sold by
Portmann Eleanor H
Bought by
Krueger Kimberly M
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
Mckeachie Andrew B $340,000 Parks Title
Simon Daniel $289,900 Troy Abstract & Title Agency
Erken William A $312,500 Title One Inc
Krueger Kimberly M $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simon Daniel $231,920
Closed Krueger Kimberly M --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2020 07/07/20 Sold $340,000 -2.8% $214 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $349,900 +20.7% $220 / Sq Ft
02/12/2016 02/12/16 Sold $289,900 0.0% $183 / Sq Ft View Prior Sale
01/05/2016 01/05/16 Pending -- -- --
12/19/2015 12/19/15 For Sale $289,900 -- $183 / 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 $5,361 $176,780 $0 $0
2022 $5,987 $159,590 $0 $0
2020 $4,924 $145,270 $0 $0
2018 $5,987 $137,670 $0 $0
2017 $5,651 $137,670 $0 $0
2015 -- $113,040 $0 $0
2014 -- $107,390 $0 $0
2011 -- $97,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200036869

Realcomp

APN: 25-16-205-017