$399,000
SOLD NOV 20, 2018

1525 Ferris Ave Royal Oak, MI 48067

4 Beds
3 Baths
1,800 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$222 Per Sq Ft

7% Below List Price

42 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Covered Patio or Porch
  • Royal Oak High School Rated 9+
  • 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

0

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
  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1800
  • Total Sq Ft: 1800
  • Sq Ft Total Bsmt: 729

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Composition, Wood
  • Exclusions: Yes
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 50
  • 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

Schools

  • School District: Royal Oak

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

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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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 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: 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 $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

    124 in this area

    138 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

  • M

    Seller's Agent in 2013

    Margie Farris

    KW Platinum

    (586) 764-1885

    5 in this area

    75 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

This home is located at 1525 Ferris Ave, Royal Oak, MI 48067 and is currently priced at $399,000, approximately $221 per square foot. This property was built in 2012. 1525 Ferris Ave is a home located in Oakland County with nearby schools including Keller Elementary, Royal Oak Middle School, and Royal Oak High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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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