NOT LISTED FOR SALE

1525 Ferris Ave Royal Oak, MI 48067

Estimated Value: $519,000 - $700,000

4 Beds
3 Baths
1,800 Sq Ft
$321/Sq Ft Est. Value

Sale Details

Date Sold: November 20, 2018

Last sale price $399,000 $222 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,584 / mo

42 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Covered Patio or Porch
  • Keller Elementary Rated A-
  • No HOA
  • 1 Car Detached Garage

About This Home

As of November 2018

Sophisticated detail in this completely updated Royal Oak colonial! Interior features include refinished hardwood floors, all new trim and interior doors, fresh paint, new light and plumbing fixtures. Gorgeous kitchen with subway tile backsplash, new cabinets, stainless steel appliances and granite countertops. Master bedroom suite with walk-in closet and full bath including double vanity, granite countertops, tile floor and Euro shower door. NEST thermostat. All new mechanicals including plumbing, electrical, furnace and hot water heater. Newer roof, windows, siding & front door. Cozy covered deck with additional lower level deck is perfect for outdoor entertaining. New landscaping and fenced backyard. Walking distance to Lockman Park which offers tennis, basketball and outdoor play space.

Last Agent to Sell the Property

John Farhat

Good Company License #6501349205 Listed on: 09/04/2018

Good Company

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2012

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x135
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Poured Concrete

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Southlawn Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2515203028
  • $6,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,602

Year Built

Built in 2012

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2012
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Programmable Thermostat
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 1800

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Composition, Wood
  • Exclusions: Yes
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: 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: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2493750.0000
  • Lot Size Area: 0.16
  • Lot Dimensions: 50X135
  • Parcel Number: 2515203028

Tax Info

  • Tax Amount Summer: 4494.0000
  • Tax Amount Winter: 1108.0000
  • Total Tax: 5602.0000

MLS Schools

  • School District: Royal Oak

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2018
Closed on
Nov 20, 2018
Sold by
Bought by
Seller's Agent
John Farhat
Good Company
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$429,000
Sold Price
$399,000
Premium/Discount to List
-$30,000
-6.99%
Current Estimated Value
$577,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,116
Avg. Annual Appreciation
4.95%

Purchase Details

Listed on
Sep 10, 2014
Closed on
Oct 17, 2014
Sold by
Bought by
Seller's Agent
Patricia Teeley
RE/MAX Vision
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$322,500
Sold Price
$317,000
Premium/Discount to List
-$5,500
-1.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$301,150
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2013
Closed on
Sep 18, 2013
Sold by
Bought by
Seller's Agent
Margie Farris
KW Platinum
Buyer's Agent
Jennifer and Joe Caira-Lauff
Real Estate One-Chesterfield
List Price
$287,900
Sold Price
$284,000
Premium/Discount to List
-$3,900
-1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%

Purchase Details

Listed on
Aug 20, 2012
Closed on
Nov 2, 2012
Sold by
Bought by
Seller's Agent
Dean Johnson
BHHS Michigan Real Estate Great Lakes
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$87,500
Sold Price
$100,300
Premium/Discount to List
$12,800
14.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
235.43%

Purchase Details

Closed on
Jan 11, 2011
Sold by
Bought by

Purchase Details

Closed on
Dec 18, 2007
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$399,000 First American Title Insuran
$317,000 None Available
$284,900 Liberty Title
-- Liberty Title
-- None Available
$88,400 None Available
$144,877 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $301,150
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2018 11/20/18 Sold $399,000 0.0% $222 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
10/08/2018 10/08/18 Price Changed $399,000 -4.8% $222 / Sq Ft
09/18/2018 09/18/18 Price Changed $419,000 -2.3% $233 / Sq Ft
09/04/2018 09/04/18 For Sale $429,000 +35.3% $238 / Sq Ft
10/17/2014 10/17/14 Sold $317,000 -1.7% $167 / Sq Ft View Prior Sale
09/14/2014 09/14/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $322,500 +13.6% $170 / Sq Ft
09/18/2013 09/18/13 Sold $284,000 -1.4% $149 / Sq Ft View Prior Sale
08/12/2013 08/12/13 Pending -- -- --
08/08/2013 08/08/13 For Sale $287,900 +187.0% $152 / Sq Ft
11/07/2012 11/07/12 Sold $100,300 +14.6% $95 / Sq Ft View Prior Sale
10/30/2012 10/30/12 Pending -- -- --
08/20/2012 08/20/12 For Sale $87,500 -- $83 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,816 $232,560 $0 $0
2024 $5,682 $211,360 $0 $0
2022 $6,811 $189,990 $0 $0
2020 $5,521 $170,970 $0 $0
2018 $6,811 $148,620 $0 $0
2017 $5,602 $148,620 $0 $0
2015 -- $134,850 $0 $0
2014 -- $132,210 $0 $0
2011 -- $61,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Farhat

    Seller's Agent in 2018

    John Farhat

    Good Company

    (248) 644-6300

    129 Total Sales

    John Farhat
    Section Image

  • N

    Buyer's Agent in 2018

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2018

    Unidentified Agent

    Unidentified Office

  • P

    Seller's Agent in 2014

    Patricia Teeley

    RE/MAX

    Section Image

  • .

    Buyer's Agent in 2014

    . Non Mls Member

    NON MLS Member

  • Margie Farris

    Seller's Agent in 2013

    Margie Farris

    KW Platinum

    (586) 764-1885

    35 Total Sales

    Margie Farris
    Section Image
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Map

Source: Realcomp

MLS Number: 218085218

Realcomp

APN: 25-15-203-028

Michigan Oakland County Royal Oak 48067

1525 Ferris Ave, Royal Oak, MI

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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