NOT LISTED FOR SALE

1525 Owana Ave Royal Oak, MI 48067

Estimated Value: $211,427 - $245,000

2 Beds
1 Bath
732 Sq Ft
$311/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $178,000 $243 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,404/month

18 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Programmable Thermostat
  • Royal Oak High School Rated 9+
  • Patio
  • 3-minute walk to Dondero Park

About This Home

As of September 2021

This home is surgically clean and gorgeous! For less than you would pay to rent you can call this "Home Sweet Home". This adorable cream puff is move-in ready! Two bedroom ranch features spacious rooms, large windows and gleaming freshly redone hardwood flooring. There are many updates that you do not normally find: all new HVAC (new furnace), A/C and ductwork in 2020. Freshly painted living room which is lovely and bright with recessed lighting, large kitchen with plenty of room for dining. Two nice-sized bedrooms share a full white bath. Large basement provides lots of options. Professionally Waterproofed. This has what no condo at this price has: a large backyard with a shed and a concrete patio. Overall this is a wonderful, turn-key house close to downtown Royal Oak.

Last Agent to Sell the Property

Nancy Robinson

Real Broker Berkley License #6501293614 Listed on: 08/06/2021

Real Broker Berkley

Co-Listed By

Caren Goldstone

Real Broker Berkley License #6501330043

Last Buyer's Agent

Laura Cutajar

Quest Realty LLC License #6501437715

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1941 | Remodeled in 2020

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x130
  • Fenced

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 732 Sq Ft Home
  • Awning
  • Unfinished Basement

Kitchen

  • Free-Standing Electric Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Elm Grove Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522477007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,858

Year Built

Built in 1941 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1941
  • State Equalized Value: 64250.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Programmable Thermostat
  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Range, Range Hood, Washer
  • Sq Ft Combined: 732
  • Total Sq Ft: 732
  • Sq Ft Total Bsmt: 732

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Awning/Overhang(s), Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Patio
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: E
  • Fencing: Fenced

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: 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

  • Lot Size Area: 0.12
  • Lot Dimensions: 40x130
  • Parcel Number: 2522477007

Tax Info

  • Tax Amount Summer: 2405.0000
  • Tax Amount Winter: 453.0000
  • Total Tax: 2858.0000
  • Taxable Value: 50200.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Oct 19, 2021
Sold by
Lamberti David Anthony
Bought by
Lamberti Cameron D
Seller's Agent
Nancy Robinson
Real Broker Berkley
Buyer's Agent
Laura Cutajar
Quest Realty LLC
List Price
$190,000
Sold Price
$178,000
Premium/Discount to List
-$12,000
-6.32%
Current Estimated Value
$227,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,357
Avg. Annual Appreciation
6.17%
Original Mortgage
$347,500
Outstanding Balance
$316,573
Interest Rate
2.88%
Estimated Equity
-$89,216

Purchase Details

Listed on
Aug 6, 2021
Closed on
Sep 23, 2021
Sold by
Maureen Dailey and Maureen Douglas Hansford
Bought by
Lamberti Cameron D and Lamberti David Anthony
Seller's Agent
Nancy Robinson
Real Broker Berkley
Buyer's Agent
Laura Cutajar
Quest Realty LLC
List Price
$190,000
Sold Price
$178,000
Premium/Discount to List
-$12,000
-6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,500
Outstanding Balance
$316,573
Interest Rate
2.88%
Estimated Equity
-$89,216

Purchase Details

Listed on
Aug 6, 2021
Closed on
Sep 3, 2021
Sold by
Owana Properties Llc
Bought by
Dailey Maureen and Hansford Douglas
Seller's Agent
Nancy Robinson
Real Broker Berkley
Buyer's Agent
Laura Cutajar
Quest Realty LLC
List Price
$190,000
Sold Price
$178,000
Premium/Discount to List
-$12,000
-6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,500
Outstanding Balance
$316,573
Interest Rate
2.88%
Estimated Equity
-$89,216

Purchase Details

Closed on
Oct 12, 2007
Sold by
Owana Inc
Bought by
Owana Properties Llc

Purchase Details

Closed on
Dec 18, 2003
Sold by
Hansford Douglas N
Bought by
Owana Inc

Purchase Details

Closed on
Jan 22, 2003
Sold by
Ramirez Crystal and Richards Crystal M
Bought by
Hansford Douglas N

Purchase Details

Closed on
Aug 21, 2002
Sold by
Richards Crystal M
Bought by
Ramirez Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
6.41%

Purchase Details

Closed on
Nov 30, 1999
Sold by
Adams William J
Bought by
Richards Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,900
Interest Rate
8.14%

Purchase Details

Closed on
Aug 24, 1999
Sold by
Yandura Patricia
Bought by
Adams William J

Purchase Details

Closed on
Feb 8, 1993
Sold by
Schneider Elizabeth
Bought by
Yandura Patricia
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Lamberti Cameron D -- Vanguard Title Company
Lamberti Cameron D $178,000 Title One Inc
Dailey Maureen -- None Available
Owana Properties Llc -- None Available
Owana Inc -- --
Hansford Douglas N $130,000 Metropolitan Title Company
Ramirez Crystal -- --
Richards Crystal $91,500 --
Adams William J $75,000 --
Yandura Patricia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamberti Cameron D $347,500
Previous Owner Ramirez Crystal $104,800
Previous Owner Richards Crystal $86,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2021 09/23/21 Sold $178,000 +1.7% $243 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/17/2021 08/17/21 Price Changed $175,000 -7.9% $239 / Sq Ft
08/06/2021 08/06/21 For Sale $190,000 -- $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 $2,427 $83,760 $0 $0
2022 $2,868 $74,910 $0 $0
2020 $2,638 $64,250 $0 $0
2018 $2,868 $56,810 $0 $0
2017 $2,702 $56,810 $0 $0
2015 -- $49,320 $0 $0
2014 -- $46,730 $0 $0
2011 -- $45,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancy Robinson

    Seller's Agent in 2021

    Nancy Robinson

    Real Broker Berkley

    (248) 224-1013

    191 in this area

    520 Total Sales

    Nancy Robinson
    Section Image
  • Caren Goldstone

    Seller Co-Listing Agent in 2021

    Caren Goldstone

    Real Broker Berkley

    (248) 310-1147

    142 in this area

    318 Total Sales

    Caren Goldstone
    Section Image
  • Laura Cutajar

    Buyer's Agent in 2021

    Laura Cutajar

    Quest Realty LLC

    (248) 520-7005

    1 in this area

    39 Total Sales

    Laura Cutajar
    Section Image
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Map

Source: Realcomp

MLS Number: 2210064627

Realcomp

APN: 25-22-477-007

Michigan Oakland County Royal Oak 48067

1525 Owana Ave, Royal Oak, MI

This home is located at 1525 Owana Ave, Royal Oak, MI 48067 since 06 August 2021 and is currently estimated at $227,357, approximately $310 per square foot. This property was built in 1941. 1525 Owana Ave is a home located in Oakland County with nearby schools including Oakland Elementary School, 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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