NOT LISTED FOR SALE

1518 Mclean Ave Royal Oak, MI 48067

Estimated Value: $323,536 - $348,000

3 Beds
2 Baths
960 Sq Ft
$345/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $260,000 $271 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,036/month

2 Days on Market

Highlights

  • Spa
  • Ranch Style House
  • Covered Patio or Porch
  • Royal Oak High School Rated 9+
  • No HOA
  • 4-minute walk to Dondero Park

About This Home

As of August 2021

Great opportunity to own a move-in-ready Royal Oak ranch! This freshly painted and landscaped home features a beautifully remodeled cedar front porch with vaulted ceilings. Hardwood floors throughout the 3 bedrooms and main living spaces. Enjoy 2 full bathrooms and the downstairs bath's rainfall shower. Cozy finished basement with built in electric fireplace. 2 car detached garage is the perfect workshop with heat, insulation, and 220v service. Fenced back yard and covered back porch is great for entertaining. Many recent updates include refinished hardwood floors (2017), garage roof/siding/insulation (2018), AC unit (2019), exterior paint (2021), porch remodel (2021). Walk downtown or to the park and take advantage of easy access to 696 and 75. Come take a look!

Last Agent to Sell the Property

Brad Griffin

KW Realty Livingston License #6501403417 Listed on: 08/06/2021

KW Realty Livingston

Last Buyer's Agent

Kaitlyn Pangrazzi

@Properties Collective License #RCO-6501396235

@Properties Collective

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1953 | Remodeled in 2021

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00x123.00
  • Fenced

Home Design

  • Ranch Style House
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 960 Sq Ft Home
  • Ceiling Fan
  • Awning

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Free-Standing Freezer
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Sump Pump
  • Fireplace in Basement

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Exterior Lighting
  • Shed

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Orchard Knoll Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522478069

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,673

Year Built

Built in 1953 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1953
  • State Equalized Value: 91900.0000
  • Year Renovated: 2021
  • Foundation Features: Drainage System, Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Locations: Basement
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Freezer, Free-Standing Gas Range, Free-Standing Refrigerator, Range Hood, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 1760
  • Sq Ft Lower Floor: 800
  • Total Sq Ft: 960
  • Sq Ft Total Bsmt: 960

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Construction Features: Platted Sub.
  • Exclusions: Yes
  • Exterior Features: Spa/Hot-tub, Awning/Overhang(s), Lighting, Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 50
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.14
  • Lot Dimensions: 50.00X123.00
  • Parcel Number: 2522478069

Tax Info

  • Tax Amount Summer: 2085.0000
  • Tax Amount Winter: 588.0000
  • Total Tax: 2673.0000
  • Taxable Value: 65050.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Aug 30, 2021
Sold by
Donovan Derek
Bought by
Ludeke David Michael
Seller's Agent
Brad Griffin
KW Realty Livingston
Buyer's Agent
Kaitlyn Pangrazzi
@Properties Collective
List Price
$250,000
Sold Price
$260,000
Premium/Discount to List
$10,000
4%
Current Estimated Value
$331,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,634
Avg. Annual Appreciation
5.39%
Original Mortgage
$247,000
Outstanding Balance
$227,187
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$94,781

Purchase Details

Closed on
Feb 6, 2017
Sold by
Donovan Scott D
Bought by
Donovan Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,894
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2007
Sold by
Stumpf Gertrude E and Weiss Lynn M
Bought by
Donovan Scott D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.69%
Mortgage Type
Unknown
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
Ludeke David Michael $260,000 First American Title
Ludeke David Michael $260,000 First American Title
Donovan Derek $170,000 Title Source Inc
Donovan Scott D $140,000 Capital Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ludeke David Michael $247,000
Closed Ludeke David Michael $247,000
Previous Owner Donovan Derek $175,000
Previous Owner Donovan Derek $160,894
Previous Owner Donovan Scott D $135,836
Previous Owner Donovan Scott D $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2021 08/30/21 Sold $260,000 +4.0% $271 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $250,000 -- $260 / 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 $3,417 $123,860 $0 $0
2022 $4,037 $105,460 $0 $0
2020 $3,320 $91,900 $0 $0
2018 $4,037 $81,340 $0 $0
2017 $2,600 $81,340 $0 $0
2015 -- $72,140 $0 $0
2014 -- $68,090 $0 $0
2011 -- $60,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210063192

Realcomp

APN: 25-22-478-069