NOT LISTED FOR SALE

1612 N Alexander Ave Royal Oak, MI 48067

Estimated Value: $410,553 - $439,000

3 Beds
2 Baths
1,450 Sq Ft
$288/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $315,000 $217 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,638/month

22 Days on Market

Highlights

  • Ground Level Unit
  • 1.5 Car Detached Garage
  • Patio
  • No HOA
  • Porch
  • 3-minute walk to Cody Park

About This Home

As of May 2020

This is it, the home you have been waiting for in the most sought-after city in the Metro Detroit area! Move in condition bungalow on a great street only about a mile from vibrant downtown Royal Oak. This lovely 3 Bed, 2 Bath home offers tons of updates and all newer appliances! All new roof, A/C, and hot water tank in 2017! Wonderful addition to the second level with a luxurious master suite and Loft. First floor library/study adjacent to first floor bedroom has a slider walk-out to the spacious fenced in back yard. During showings a maximum of 4 people allowed at one time with all participants wearing masks per Governor Order regarding Covid - 19 pandemic.

Last Agent to Sell the Property

Dennis Kozak

Coldwell Banker Professionals Birm License #6501357619 Listed on: 04/16/2020

Coldwell Banker Professionals Birm

Last Buyer's Agent

Matthew Kraft

Signature Sotheby's International Realty Bham License #RCO-6501373320

Signature Sotheby's International Realty Bham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1946 | Remodeled in 2017

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45.00x118.00
  • Fenced

Parking

  • 1.5 Car Detached Garage

Home Design

  • Bungalow
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,450 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Washer
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2515202007

Community Details

Overview

  • No Home Owners Association
  • Assr's Plat No 36 Royal Oak Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,707

Year Built

Built in 1946 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1946
  • State Equalized Value: 121680.0000
  • Year Renovated: 2017
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 2150
  • Sq Ft Lower Floor: 700
  • Total Sq Ft: 1450
  • Sq Ft Total Bsmt: 713

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 45
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1.5 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: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2625000.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 45.00X118.00
  • Parcel Number: 2515202007

Tax Info

  • Tax Amount Summer: 3667.0000
  • Tax Amount Winter: 1040.0000
  • Total Tax: 4707.0000
  • Taxable Value: 114440.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2020
Closed on
May 7, 2020
Sold by
Vargas Ricardo and Vargas Erin Kathleen
Bought by
Jablonski Benjamin A
Seller's Agent
Dennis Kozak
Coldwell Banker Professionals Birm
Buyer's Agent
Matthew Kraft
Signature Sotheby's International Realty Bham
List Price
$320,000
Sold Price
$315,000
Premium/Discount to List
-$5,000
-1.56%
Current Estimated Value
$417,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,888
Avg. Annual Appreciation
5.52%
Original Mortgage
$259,000
Outstanding Balance
$230,090
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$187,798

Purchase Details

Closed on
Jan 17, 2020
Sold by
Vargas Ricardo and Vargas Kathleen Erin
Bought by
Vargas Ricardo and Vargas Erin Kathleen

Purchase Details

Listed on
Aug 12, 2017
Closed on
Sep 20, 2017
Sold by
Arm Investments Llc
Bought by
Vargas Ricardo and Gorniak Erin
Seller's Agent
Maynard Neal
Keller Williams Realty Lakeside
Buyer's Agent
Dennis Kozak
Coldwell Banker Weir Manuel-Bir
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%
Original Mortgage
$270,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 23, 2015
Closed on
Jun 1, 2016
Sold by
Carmody Jennifer and Meathe Jennifer Meathe
Bought by
Arm Investments Llc
Seller's Agent
Robert Agnello
RE/MAX First
Buyer's Agent
Pamela Tuttle
NON-RESIDENT OFFICE
List Price
$178,000
Sold Price
$177,500
Premium/Discount to List
-$500
-0.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.68%
Interest Rate
3.64%

Purchase Details

Closed on
Nov 10, 2015
Sold by
Meathe Steven J and Meathe Jennifer C
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Jun 26, 2000
Sold by
Vangoethem G Van
Bought by
Meathe Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,350
Interest Rate
7.22%
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
Jablonski Benjamin A $315,000 None Available
Vargas Ricardo -- None Available
Vargas Ricardo $300,000 First Title And Escrow Inc
Arm Investments Llc $177,500 --
Hsbc Bank Usa Na $173,250 Attorney
Meathe Steven J $156,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jablonski Benjamin A $259,000
Previous Owner Vargas Ricardo $270,000
Previous Owner Arm Investments Llc --
Previous Owner Meathe Steven J $189,000
Previous Owner Meathe Steven J $156,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $315,000 0.0% $217 / Sq Ft
05/08/2020 05/08/20 Pending -- -- --
05/02/2020 05/02/20 Price Changed $315,000 -1.6% $217 / Sq Ft
04/16/2020 04/16/20 For Sale $320,000 +6.7% $221 / Sq Ft
09/20/2017 09/20/17 Sold $300,000 0.0% $140 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
08/12/2017 08/12/17 For Sale $300,000 +69.0% $140 / Sq Ft
05/09/2016 05/09/16 Sold $177,500 -1.3% $142 / Sq Ft
04/26/2016 04/26/16 Price Changed $179,900 +1.4% $144 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
04/16/2016 04/16/16 Price Changed $177,500 -0.3% $142 / Sq Ft
03/24/2016 03/24/16 Price Changed $178,000 0.0% $142 / Sq Ft
03/24/2016 03/24/16 For Sale $178,000 -1.1% $142 / Sq Ft
03/19/2016 03/19/16 Pending -- -- --
02/27/2016 02/27/16 Price Changed $179,900 -2.7% $144 / Sq Ft
01/12/2016 01/12/16 Price Changed $184,900 -2.6% $148 / Sq Ft
12/23/2015 12/23/15 For Sale $189,900 -- $152 / 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 $4,390 $157,300 $0 $0
2022 $5,549 $143,700 $0 $0
2020 $4,265 $125,570 $0 $0
2018 $5,549 $83,280 $0 $0
2017 $4,712 $83,280 $0 $0
2015 -- $76,140 $0 $0
2014 -- $70,490 $0 $0
2011 -- $60,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200026285

Realcomp

APN: 25-15-202-007