NOT LISTED FOR SALE

1517 Owana Ave Royal Oak, MI 48067

Estimated Value: $304,962 - $343,000

3 Beds
1 Bath
1,066 Sq Ft
$303/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $221,900 $208 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,004/month

22 Days on Market

Highlights

  • Built-In Refrigerator
  • Deck
  • No HOA
  • Royal Oak High School Rated 9+
  • Ground Level Unit
  • 2-minute walk to Dondero Park

About This Home

As of July 2020

MOVE-IN READY BUNGALOW ONE MILE FROM DOWNTOWN ROYAL OAK!! FIVE HOMES AWAY FROM DONDERO PARK. NEW BATHROOM 2017 AND NEW WINDOWS 2019. ARCHED DOORWAYS, COVED CEILINGS, CROWN MOLDING AND HARDWOOD FLOORS THROUGHOUT. GRANITE KITCHEN FEATURES WHITE SHAKER CABINETS AND SUBWAY TITLE BACKSPLASH. ADJACENT DINING ROOM WITH BAY WINDOW. SPACIOUS LIVING ROOM. DUAL CLOSETS AND BUILT-IN STORAGE IN THE MASTER BEDROOM. TWO ENTRY LEVEL BEDROOMS. CEILING FANS IN ALL THE BEDROOMS. CORDLESS WINDOW TREATMENT. TREX DECK OVERLOOKING COMPLETELY FENCED IN YARD. OVERSIZED, TWO CAR DETACHED GARAGE SET BACK FROM THE HOME. NEWER CONCRETE DRIVEWAY. VERY EASY ACCESS TO MAJOR FREEWAYS, SHORT DRIVE TO DOWNTOWN FERNDALE. PLEASURE TO SHOW!

Last Agent to Sell the Property

Matthew Barker

Max Broock, REALTORS®-Birmingham License #6501359589 Listed on: 06/05/2020

Max Broock, REALTORS®-Birmingham

Co-Listed By

Jeffrey Barker

Max Broock, REALTORS®-Birmingham License #6501205381

Last Buyer's Agent

Stetson Jarbo

@properties Christie's Int'l R.E. Birmingham License #6501368331

@properties Christie's Int'l R.E. Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1941 | Remodeled in 2017

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40 x 130 x 40 x 130
  • Fenced
  • Level Lot

Home Design

  • Bungalow
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,066 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Unfinished Basement

Kitchen

  • Built-In Electric Range
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Elm Grove Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522477005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,576

Year Built

Built in 1941 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1941
  • State Equalized Value: 95490.0000
  • Year Renovated: 2017
  • Entry Location: Ground Level
  • Pets Allowed: Cats OK | Dogs OK | Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Programmable Thermostat
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Disposal, Dryer, Microwave, Built-In Electric Range, Range Hood, Built-In Refrigerator, Washer
  • Sq Ft Combined: 1066
  • Total Sq Ft: 1066
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: E

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Direct Access, 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

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1915833.3333
  • Lot Features: Level
  • Lot Size Area: 0.12
  • Lot Dimensions: 40 X 130 X 40 X 130
  • Parcel Number: 2522477005

Tax Info

  • Tax Amount Summer: 2786.0000
  • Tax Amount Winter: 790.0000
  • Total Tax: 3576.0000
  • Taxable Value: 86960.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jul 17, 2020
Sold by
Malnor Jeffrey
Bought by
Lyttle Nicholas
Seller's Agent
Matthew Barker
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Stetson Jarbo
@properties Christie's Int'l R.E. Birmingham
List Price
$229,900
Sold Price
$221,900
Premium/Discount to List
-$8,000
-3.48%
Current Estimated Value
$323,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,341
Avg. Annual Appreciation
7.44%

Purchase Details

Listed on
Apr 15, 2019
Closed on
May 13, 2019
Sold by
Brooks Alexander
Bought by
Malnor Jeffrey
Seller's Agent
Daniel Ribble
Rocket Homes Real Estate LLC
Buyer's Agent
Matthew Barker
Max Broock, REALTORS®-Birmingham
List Price
$210,000
Sold Price
$220,000
Premium/Discount to List
$10,000
4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.74%

Purchase Details

Listed on
Apr 22, 2015
Closed on
Jul 6, 2015
Sold by
Lohmeier Matthew T and Henderson Kristie
Bought by
Brooks Alexander
Seller's Agent
Linda Rea
Real Estate One-Roch
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$165,000
Sold Price
$158,000
Premium/Discount to List
-$7,000
-4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%

Purchase Details

Closed on
Oct 26, 2004
Sold by
Meadors Gary M and Meadors Amy Sue
Bought by
Lohmeier Matthew T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2003
Sold by
Colovas Christopher
Bought by
Meadors Gary M

Purchase Details

Closed on
Dec 22, 1997
Sold by
Burns John A
Bought by
Colovas Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,150
Interest Rate
7.26%
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
Lyttle Nicholas $221,900 Capital Title Ins Agcy Inc
Malnor Jeffrey $220,000 Amrock
Brooks Alexander $158,000 None Available
Lohmeier Matthew T $182,000 Capital Title Ins Agency
Meadors Gary M $170,000 --
Colovas Christopher $116,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lohmeier Matthew T $145,600
Previous Owner Colovas Christopher $115,150
Closed Lohmeier Matthew T $27,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2020 07/17/20 Sold $221,900 -3.5% $208 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $229,900 +4.5% $216 / Sq Ft
05/17/2019 05/17/19 Sold $220,000 +4.8% $231 / Sq Ft View Prior Sale
04/17/2019 04/17/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $210,000 +32.9% $220 / Sq Ft
07/06/2015 07/06/15 Sold $158,000 -4.2% $166 / Sq Ft View Prior Sale
05/21/2015 05/21/15 Pending -- -- --
04/22/2015 04/22/15 For Sale $165,000 -- $173 / 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 $3,536 $122,200 $0 $0
2022 $4,178 $112,190 $0 $0
2020 $3,436 $101,560 $0 $0
2018 $4,178 $87,500 $0 $0
2017 $3,415 $87,500 $0 $0
2015 -- $77,210 $0 $0
2014 -- $70,950 $0 $0
2011 -- $63,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200040487

Realcomp

APN: 25-22-477-005