$90,000
SOLD DEC 4, 2014

1526 Butternut Ave Royal Oak, MI 48073

3 Beds
1 Bath
1,133 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$79 Per Sq Ft

18% Below List Price

8 Days on Market

Highlights

  • 1 Car Detached Garage
  • Bungalow
  • Forced Air Heating System
  • Porch
  • 1-Story Property

About This Home

As of April 2016

Investors Special! Create your own dream home - bring your hammer, use your imagination & elbow grease to update this adorable 1920's 3 bedroom bungalow. Beautiful exterior & curb appeal. Turn this home in to your own! Overall excellent opportunity for flipper or someone who wants to build equity. Sorry cash only not sure the FHA 203K or other rehab loan will work, two oil tanks in basement. Sellers will make no repairs. Pos: Immed

Last Agent to Sell the Property

Nancy Robinson

Century 21 Town & Country-Ro License #MISPE-6501293614 Listed on: 11/11/2014

Co-Listed By

Caren Goldstone

Century 21 Town & Country-Ro License #MISPE-6501330043

Last Buyer's Agent

Kristie Lohmann

RE/MAX First License #MISPE-6501373111

RE/MAX First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,471

Year Built

  • Built in 1926

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50 x 107

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,133 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Forest Heights Sub No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2509103020

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,471

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 1 Story
  • Year Built: 1926
  • Mail City: Royal Oak
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, Natural Fireplace
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 12 x 10
  • Bedroom 2: On Upper Floor, Dimensions: 12 x 10
  • Bedroom 3: On Upper Floor, Dimensions: 10 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Dining Room: On Entry Level, Dimensions: 10 x 12
  • Family Room: On Entry Level, Dimensions: 15 x 12
  • Kitchen: On Entry Level, Dimensions: 10 x 8
  • Living Room: On Entry Level, Dimensions: 13 x 10
  • Above Grade Finished Sq Ft: 1133
  • Total Finished Sq Ft: 1133

Exterior Features

  • Exterior: Aluminum, Vinyl Siding
  • Exterior Features: Porch
  • Foundation: Crawl
  • Frontage: 263
  • Road: Paved Street

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 2509103020
  • Lot Dimensions: 50 x 107
  • Acreage: 0.12
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $2,034.00
  • Winter Tax: Amount: $284.00

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
$609,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,561
Avg. Annual Appreciation
6.06%
Original Mortgage
$227,500
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

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:

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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 $350,000 First American Title Ins Co
Warranty Deed $90,000 Title One Inc
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,500 Stand Alone Refi Refinance Of Original Loan
Closed $227,500 Adjustable Rate Mortgage/ARM
Previous Owner $65,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

  • Kristie Lohmann

    Seller's Agent in 2016

    Kristie Lohmann

    RE/MAX

    (248) 568-3602

    6 in this area

    156 Total Sales

    Section Image

  • .

    Buyer's Agent in 2016

    . Non Mls Member

    NON MLS Member

  • N

    Seller's Agent in 2014

    Nancy Robinson

    Century 21 Town & Country-Ro

  • C

    Seller Co-Listing Agent in 2014

    Caren Goldstone

    Century 21 Town & Country-Ro

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31220444

Michigan Multiple Listing Service

APN: 25-09-103-020

Michigan Oakland County Royal Oak 48073

1526 Butternut Ave, Royal Oak, MI

This home is located at 1526 Butternut Ave, Royal Oak, MI 48073 and is currently priced at $90,000, approximately $79 per square foot. This property was built in 1926. 1526 Butternut Ave is a home located in Oakland County with nearby schools including Addams 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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