NOT LISTED FOR SALE

1526 Butternut Ave Royal Oak, MI 48073

Estimated Value: $498,000 - $612,000

3 Beds
2 Baths
2,820 Sq Ft
$198/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $350,000 $124 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,505/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 1.5 Car Detached Garage
  • Royal Oak High School Rated 9+
  • Den
  • Porch

About This Home

As of April 2016

AWESOME HOUSE IN ROYAL OAK WITH IMMEDIATE OCCUPANCY!! BRAND NEW FROM TOP TO BOTTOM IN 2015!! ONLY THE EXISTING FOUNDATION IS FROM THE ORIGINAL HOME. 3 BEDROOMS, DEN, 2 1/2 BATHS, 2ND FLOOR LAUNDRY. TOP QUALITY WORKMANSHIP FROM A LICENSED BUILDER & MASTER ELECTRICIAN. ALL NEW: ROOF, WINDOWS, SIDING, FURNACE, A/C, HWH, ELECTRICAL, GRANITE COUNTERS, CABINETS, HARDWOOD FLOORS, CERAMIC TILE, CARPET, RECESSED LIGHTING, CEILING FANS, DOORS & TRIM, PROFESSIONALLY PAINTED. KITCHEN HAS LARGE ISLAND & STAINLESS STEEL APPLIANCES. NEW R-19 INSULATION THROUGHOUT & R-29 IN ATTIC FOR ENERGY EFFICIENCY. NEW DRIVEWAY, LANDSCAPING & SOD. MASTER SUITE W/MASTER BATH (DOUBLE SINKS) & WALK-IN CLOSET. OVER 2,000 SQ. FT. AND A PARTIALLY FINISHED LOWER LEVEL W/EGRESS WINDOW. NOTHING TO DO BUT MOVE IN & ENJOY! THIS HOME IS IN A GREAT LOCATION AND WITHIN WALKING DISTANCE TO NEIGHBORHOOD PARK. GREAT NEIGHBORS! THIS HOME IS A MUST SEE!

Last Agent to Sell the Property

Kristie Lohmann

RE/MAX First License #MISPE-6501373111 Listed on: 02/26/2016

RE/MAX First

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x107

Home Design

  • Colonial Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Den

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

  • Sump Pump
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 1.5 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • Forest Heightsno 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-09-103-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,053

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type: 1 to 4 Units
  • Type Of Property: Single Family
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Total Tax Amount: 4053
  • Year Built: 1926
  • Mail City: Royal Oak
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Ceramic Floors, Hardwood Floors, Sump Pump, Walk-In Closet
  • Appliances: Dishwasher, Disposal, Dryer, Humidifier, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, Gas Fireplace
  • Basement: Yes
  • Basement: Block, Egress/Daylight Windows, Partially Finished
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 14 x 13
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Upper Floor, Dimensions: 13 x 11
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On Upper Floor, Dimensions: 12 x 11
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: Dimensions: 8 x 7, On Level: Upper, Flooring: Ceramic
  • Bathroom 2: Dimensions: 8 x 7, On Level: Upper, Flooring: Ceramic
  • Room Types: Den/Study/Lib, Family Room, Second Floor Laundry, Primarybdrm Lavatory
  • Breakfast Nook: On Entry Level, Dimensions: 11 x 10
  • Breakfast Nook Floor Covering: Wood
  • Family Room: On Entry Level, Dimensions: 20 x 14
  • Family Room Floor Covering: Wood
  • Kitchen: On Entry Level, Dimensions: 15 x 14
  • Kitchen Floor Covering: Wood
  • Laundry: On Upper Floor, Dimensions: 11 x 6
  • Laundry Room Floor Covering: Ceramic
  • Library Den: On Entry Level, Dimensions: 10 x 10
  • Library Den Floor Covering: Wood
  • Below Grade Sq Ft: 1133
  • Finished Below Grade Sq Ft: 800
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 2020
  • Total Finished Sq Ft: 2820

Exterior Features

  • Exterior: Stone, Vinyl Siding
  • Exterior Features: Patio, Porch, Sidewalks, Storms/Screens
  • Foundation: Basement
  • Frontage: 50
  • Road: City/County, Paved Street

Garage/Parking

  • Garage: Detached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 1.5
  • Parking: 3 or More Spaces, Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: 25-09-103-020
  • Zoning: Residential
  • Lot Dimensions: 50X107
  • Acreage: 0.12
  • Geo Subdivision: MI
  • Site/Lot Features: Subdivision

Tax Info

  • Summer Tax: Year: 2015, Amount: $3,566.00
  • Winter Tax: Year: 2014, Amount: $487.00
  • Taxable Value: 72760
  • Total Tax: Amount: $4,053.00
  • SEV Year: 2015

MLS Schools

  • School District: Royal Oak Neighborhood Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2016
Closed on
Apr 15, 2016
Sold by
Gegaj George and Gegovic Vasko
Bought by
Dotan Shelby and Dotan Harel Moshe
Seller's Agent
Kristie Lohmann
RE/MAX First
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$359,900
Sold Price
$350,000
Premium/Discount to List
-$9,900
-2.75%
Current Estimated Value
$559,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,320
Avg. Annual Appreciation
5.05%
Original Mortgage
$227,500
Outstanding Balance
$186,812
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$372,508

Purchase Details

Listed on
Nov 11, 2014
Closed on
Dec 4, 2014
Sold by
The Rosemary C Lance Trust and Lance Audrey
Bought by
Gega George and Gegovic Vasko
Seller's Agent
Nancy Robinson
Century 21 Town & Country-Ro
Buyer's Agent
Kristie Lohmann
RE/MAX First
List Price
$110,000
Sold Price
$90,000
Premium/Discount to List
-$20,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
171.45%

Purchase Details

Closed on
Jan 7, 2002
Sold by
Rosemary C Lance Tr
Bought by
Lance Rosemary C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dotan Shelby $350,000 First American Title Ins Co
Gega George $90,000 Title One Inc
Lance Rosemary C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dotan Shelby $227,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2016 04/15/16 Sold $350,000 -2.8% $124 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $359,900 +299.9% $128 / Sq Ft
12/04/2014 12/04/14 Sold $90,000 -18.2% $79 / Sq Ft View Prior Sale
11/19/2014 11/19/14 Pending -- -- --
11/11/2014 11/11/14 For Sale $110,000 -- $97 / 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 $6,471 $239,440 $0 $0
2022 $7,646 $214,870 $0 $0
2020 $6,288 $197,940 $0 $0
2018 $7,646 $181,350 $0 $0
2017 $7,444 $181,350 $0 $0
2015 -- $72,760 $0 $0
2014 -- $70,980 $0 $0
2011 -- $61,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31280962

Michigan Multiple Listing Service

APN: 25-09-103-020