NOT LISTED FOR SALE

1517 S Wilson Ave Royal Oak, MI 48067

Estimated Value: $223,000 - $275,000

2 Beds
1 Bath
784 Sq Ft
$323/Sq Ft Est. Value

Last Sold November 06, 2015

Last sale price $109,000 $139 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,637/month

55 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Attic Fan
  • No HOA
  • Enclosed patio or porch
  • Forced Air Heating and Cooling System

About This Home

As of November 2015

Downtown Royal Oak investment property on a large lot! Great potential as a rental opportunity or possible remodel/tear down. Newer garage. Easy access to highway. Immediate possession.

Last Agent to Sell the Property

John Farhat

Good Company License #6501349205 Listed on: 08/04/2015

Good Company

Last Buyer's Agent

Mike Cooper

Real Living Kee Realty License #RCO-6504293888

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1917

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 83x115
  • Fenced

Home Design

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

Interior Spaces

  • 784 Sq Ft Home
  • Ceiling Fan
  • Attic Fan
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Enclosed patio or porch

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
  • Orchard Knoll Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522480085
  • $3,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,894

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Humidifier
  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Range/Stove
  • Sq Ft Combined: 784
  • Total Sq Ft: 784
  • Sq Ft Total Bsmt: 599

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 83
  • Porch Type: Porch - Enclosed
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan, 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: 495454.5455
  • Lot Size Area: 0.22
  • Lot Dimensions: 83X115
  • Parcel Number: 2522480085

Tax Info

  • Tax Amount Summer: 1535.0000
  • Tax Amount Winter: 359.0000
  • Total Tax: 1894.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2015
Closed on
Nov 6, 2015
Sold by
Boledovich Kathryn E and Henrion Kathryn
Bought by
Lehr Nathan
Seller's Agent
John Farhat
Good Company
Buyer's Agent
Mike Cooper
Real Living Kee Realty
List Price
$129,000
Sold Price
$109,000
Premium/Discount to List
-$20,000
-15.5%
Total Days on Market
55
Current Estimated Value
$253,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,442
Avg. Annual Appreciation
9.21%
Original Mortgage
$103,550
Outstanding Balance
$82,640
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$170,802
Source: Public Records

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Range of Values:

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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
Lehr Nathan $109,000 Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lehr Nathan $103,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2015 11/06/15 Sold $109,000 -15.5% $139 / Sq Ft
09/28/2015 09/28/15 Pending -- -- --
08/04/2015 08/04/15 For Sale $129,000 -- $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 $2,571 $122,810 $0 $0
2022 $3,038 $109,970 $0 $0
2020 $2,498 $94,020 $0 $0
2018 $3,038 $81,120 $0 $0
2017 $2,920 $81,120 $0 $0
2015 -- $69,930 $0 $0
2014 -- $66,580 $0 $0
2011 -- $63,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215082979

Realcomp

APN: 25-22-480-085