$312,000 - $365,000
RENTED SEP 3, 2024

1517 Ferris Ave Royal Oak, MI 48067

2 Beds
2 Baths
1,027 Sq Ft
$328 Price per Sq Ft

Last Sold May 21, 2015

Last sale price $160,000 $156 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,164/month

Highlights

  • Ranch Style House
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • No HOA
  • 2.5 Car Detached Garage
  • Humidifier

About This Home

As of September 2024

Renovated ranch lets you be part of the Royal Oak lifestyle. This 2+ bedroom home is what you have been looking for. Large living room features bamboo floors and opens to the custom kitchen featuring center island with granite counters, KitchenAid stainless steel appliances and seating. Primary bedroom has ample closet space, ceiling fan and recessed lighting. Main floor bath with tub and shower. Fantastic lower level has bar with seating, recreation room, full bath with shower, third bedroom with a cedar closet. Laundry room with washer & dryer. Yard maintenance is included so sit back and relax on your brick paver patio with pergola in your fenced yard. Oversized 2.5+ garage with workshop is perfect for your cars, boat or a handy-person dream space. Located on a great tree lined street, near parks, schools and close to all that Royal Oak offers. Don’t wait…see this home before it is gone! 1.5 month security deposit, credit report & employment verification req. renters insurance required. $300 nonrefundable cleaning fee.

Last Agent to Rent the Property

Adam Waechter

The Agency Hall & Hunter License #6502363093 Listed on: 09/03/2024

The Agency Hall & Hunter

Last Renter's Agent

Adam Waechter

The Agency Hall & Hunter License #6502363093 Listed on: 09/03/2024

The Agency Hall & Hunter

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,700

Year Built

  • Built in 1948 | Remodeled in 2018

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50.00 x 135.00
  • Fenced

Home Design

  • Ranch Style House
  • Block Foundation
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,027 Sq Ft Home
  • Ceiling Fan
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Self-Cleaning Oven
  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2.5 Car Detached Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Security Deposit $3,675
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Negotiable Lease Term
  • Assessor Parcel Number 2515203030

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,700

Year Built

Built in 1948 | Remodeled in 2018

Lot Details

0

Rental Info

  • Lease Type: Single Family House
  • Rent Includes: Yard Maintenance
  • Security Deposit: 3675.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1948
  • Year Renovated: 2018
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Dogs OK, Number Limit, Size Limit
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: High Spd Internet Avail, Humidifier, Furnished - No
  • Room Count: 9
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Daylight, Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Self Cleaning Oven, Washer
  • Sq Ft Combined: 1977
  • Sq Ft Lower Floor: 950
  • Total Sq Ft: 1027
  • Sq Ft Total Bsmt: 1113

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block, Poured
  • Frontage Feet: 50
  • Porch Type: Porch - Covered, Patio, Porch, Patio - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Electricity, Door Opener, Workshop, 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

Schools

  • School District: Royal Oak

Lot Info

  • Lot Size Area: 0.16
  • Lot Dimensions: 50.00 x 135.00
  • Parcel Number: 2515203030

Multi Family

  • Length of Lease: 12 Months, Negotiable, 13-24 Months

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2021
Sold by
Hiller William O
Bought by
1517 Ferris Ave Llc
Current Estimated Value
$323,723

Purchase Details

Closed on
Oct 22, 2020
Sold by
Abraham Miller Tessa and Abraham William Miller
Bought by
Miller William O and Miller Katherine P

Purchase Details

Closed on
Sep 11, 2020
Sold by
Hiller William Orin and Hiller Katherine Powers
Bought by
Miller Kevin William and Miller Tessa Abreham

Purchase Details

Listed on
Apr 30, 2015
Closed on
May 21, 2015
Sold by
Iacona Meggan and Iacona Anthony
Bought by
Miller Katherine Powers and Miller William Orin
Seller's Agent
Candice Van Sumer-Rizzo
WEICHERT, REALTORS®-Excel
Buyer's Agent
Candice Van Sumer-Rizzo
WEICHERT, REALTORS®-Excel
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Jun 30, 2005
Sold by
Banwarth Ralph C
Bought by
Nasrey Meggan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
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
1517 Ferris Ave Llc -- None Listed On Document
Miller William O -- None Available
Miller Kevin William -- None Available
Miller Katherine Powers $160,000 Title Source
Nasrey Meggan $155,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Kevin William $150,000
Previous Owner Miller Katherine Powers $100,000
Previous Owner Nasrey Meggan $116,500
Previous Owner Nasrey Meggan A $25,700
Previous Owner Nasrey Meggan $124,000
Previous Owner Banwarth Ralph C $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Rented $2,450 0.0% --
09/03/2024 09/03/24 Under Contract -- -- --
09/03/2024 09/03/24 For Rent $2,450 +9.9% --
03/23/2021 03/23/21 Rented $2,230 +1.4% --
03/17/2021 03/17/21 Under Contract -- -- --
02/26/2021 02/26/21 For Rent $2,200 0.0% --
05/21/2015 05/21/15 Sold $160,000 -5.8% $156 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $169,900 -- $165 / 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 $4,700 $130,610 $0 $0
2022 $5,320 $113,580 $0 $0
2020 $4,534 $97,470 $0 $0
2018 $5,320 $87,160 $0 $0
2017 $3,378 $87,160 $0 $0
2015 -- $76,280 $0 $0
2014 -- $71,800 $0 $0
2011 -- $69,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240057198

Realcomp

APN: 25-15-203-030