$317,000
SOLD OCT 17, 2014

1525 Ferris Ave Royal Oak, MI 48067

4 Beds
3 Baths
1,900 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$167 Per Sq Ft

2% Below List Price

4 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • 1 Car Detached Garage
  • Royal Oak High School Rated 9+
  • Fenced Yard
  • Living Room

About This Home

As of November 2018

GORGEOUS RENOVATION COMPLETELY REMODELED FROM TOP TO BOTTOM IN 2013 - INCLUDING AN AMAZING SECOND FLOOR ADDITION! FIRST FLOOR FEATURES WALNUT STAINED WOOD FLOORS, TWO BEDROOMS, FULL UPDATED BATH & LIVING ROOM LEADING TO A NEW GOURMET CHEFS KITCHEN W/SHAKER CABINETS, HUGE GRANITE COUNTER SPACE ALONG WITH BAR EATING AREA AND INCLUDES ALL STAINLESS APPLIANCES. LARGE DINING AREA IN KITCHEN FEATURES TWO WALLS OF WINDOWS WITH DOOR THAT LEADS TO A NEW WRAP AROUND COMPOSITE MULTI LEVEL DECK. LEVEL OFF THE KITCHEN IS COVERED GIVING IT A VERY PRIVATE SETTING ALONG WITH OVERHEAD LIGHTING. THE LOWER LEVEL IS PERFECT FOR BBQ AND TABLE SEATING. THE NEW ADDITION UPSTAIRS FEATURES A THIRD BEDROOM, NEW FULL BATH ALONG WITH A HUGE MASTER SUITE - GORGEOUS MASTER BATH WITH DUAL SINKS & WALK IN SPA SHOWER. LARGE BEDROOM WITH PLENTY OF SPACE FOR KING SIZE BED & MULTIPLE DRESSERS ALONG WITH WALK IN TWO CLOSETS - ONE A HUGE WALK-IN. NEW FURNACE, A/C, WINDOWS, ROOF, ELECTRICAL & PLUMBING...MOVE IN & ENJOY!!

Last Agent to Sell the Property

Patricia Teeley

RE/MAX Vision License #MISPE-6501280195 Listed on: 09/10/2014

RE/MAX Vision

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,876

Year Built

  • Built in 1941

Lot Details

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

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Basement
  • Sump Pump

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2515203028

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,876

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Colonial
  • Structure Style: 1 1/2 Story
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Sump Pump
  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator
  • Basement: Yes
  • Bedrooms: 4
  • Bedroom 1: On Upper Floor, Dimensions: 17 x 13
  • Bedroom 2: On Upper Floor, Dimensions: 15 x 10
  • Bedroom 3: On Entry Level, Dimensions: 11 x 10
  • Bedroom 4: On Entry Level, Dimensions: 11 x 10
  • Bathrooms Description: First Flr Lavatory, MstrBdrm Full Bathroom, Second Flr Lavatory
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Room Types: Living Room
  • Dining Room: On Entry Level, Dimensions: 11 x 10
  • Kitchen: On Entry Level, Dimensions: 11 x 10
  • Living Room: On Entry Level, Dimensions: 14 x 12
  • Other Room1: Dimensions: 8x10, On Level: Upper
  • Other Room 2: Dimensions: 8x6, On Level: Upper
  • Above Grade Finished Sq Ft: 1900
  • Total Finished Sq Ft: 1900

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Fenced Yard
  • Foundation: Basement
  • Frontage: 50
  • Road: Paved Street

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 2515203028
  • Zoning: Residential
  • Lot Dimensions: 50X135
  • Acreage: 0.16
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $4,542.00
  • Winter Tax: Amount: $334.00

MLS Schools

  • School District: Royal Oak Neighborhood Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2018
Closed on
Nov 20, 2018
Sold by
George Eric R and George Christina L
Bought by
Lopez Gabriel and Lopez Gabriel O
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
$580,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,275
Avg. Annual Appreciation
5.14%
Original Mortgage
$407,578
Interest Rate
4.8%
Mortgage Type
VA

Purchase Details

Listed on
Sep 10, 2014
Closed on
Oct 17, 2014
Sold by
Ballew Carrie and Ballew Christopher Clark
Bought by
George Eric R and Dinello Christina L
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
Allers Richard and Allers Charlene
Bought by
Rossman Carrie and Ballew Christopher Clark
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%
Original Mortgage
$227,920
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2012
Closed on
Nov 2, 2012
Sold by
Allers Richard
Bought by
Allers Richard and Development Today Llc
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
Stachowicz Jon and Stachowicz Kara C
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Dec 18, 2007
Sold by
Stachowicz Jon and Stachowicz Kara C
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $399,000 First American Title Insuran
Warranty Deed $317,000 None Available
Warranty Deed $284,900 Liberty Title
Interfamily Deed Transfer -- Liberty Title
Interfamily Deed Transfer -- None Available
Sheriffs Deed $88,400 None Available
Sheriffs Deed $144,877 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $421,352 VA
Closed $416,914 VA
Closed $407,578 VA
Previous Owner $293,000 New Conventional
Previous Owner $301,150 New Conventional
Previous Owner $227,920 New Conventional
Previous Owner $70,000 Unknown
Previous Owner $30,000 Stand Alone Second
Previous Owner $164,000 Fannie Mae Freddie Mac
Previous Owner $30,750 Balloon
Previous Owner $175,500 Unknown
Previous Owner $141,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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
10/30/2012 10/30/12 Pending -- -- --
08/20/2012 08/20/12 For Sale $87,500 -- $83 / Sq Ft
Source: Michigan Multiple Listing Service

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 $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

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31211519

Michigan Multiple Listing Service

APN: 25-15-203-028