NOT LISTED FOR SALE

1616 Millard Ave Royal Oak, MI 48073

Estimated Value: $285,000 - $299,000

3 Beds
1 Bath
1,687 Sq Ft
$173/Sq Ft Est. Value

Last Sold September 23, 2024

Last sale price $275,000 $163 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,719/month

5 Days on Market

Highlights

  • Ranch Style House
  • Royal Oak High School Rated A-
  • Forced Air Heating System

About This Home

As of September 2024

Open Saturday 12:00 to 2:00 Welcome to this warm wonderful Royal Oak ranch. 3 nice size bedrooms, 1 updated full bathroom, Hardwood floors throughout the home, cozy kitchen with stainless steel appliances included. Full finished basement with lots of room to entertain and additional storage. And a Bonus room off the back of the house for additional living space.

Last Agent to Sell the Property

Elaine Gulock

Keller Williams Realty Lakeside License #MISPE-6506046814 Listed on: 08/20/2024

Keller Williams Realty Lakeside

Last Buyer's Agent

John Bray

Real Estate One-Oxford License #6501311117

Real Estate One-Oxford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1954

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 115

Home Design

  • Ranch Style House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement

Community Details

  • Montrose Park No2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2503427025

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,322

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 2322
  • Year Built: 1954
  • Mail City: Royal Oak
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 12 x 13
  • Bedroom 2: Dimensions: 12 x 11
  • Bedroom 3: Dimensions: 11 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Entry
  • Below Grade Sq Ft: 700
  • Finished Below Grade Sq Ft: 700
  • Above Grade Finished Sq Ft: 987
  • Total Finished Sq Ft: 1687

Exterior Features

  • Exterior: Aluminum
  • Foundation: Basement
  • Frontage: 50
  • Frontage Type: Road

Garage/Parking

  • Garage: No

Utilities

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

Lot Info

  • Assessor Parcel Number: 2503427025
  • Lot Dimensions: 50 x 115
  • Acreage: 0.14
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $1,798.00
  • Winter Tax: Year: 2023, Amount: $524.00
  • Total Tax: Amount: $2,322.00

MLS Schools

  • School District: Royal Oak Neighborhood Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Sep 23, 2024
Sold by
Shiboylis Tatyana
Bought by
Chapman Brooke
Seller's Agent
Elaine Gulock
Keller Williams Realty Lakeside
Buyer's Agent
John Bray
Real Estate One-Oxford
List Price
$272,000
Sold Price
$275,000
Premium/Discount to List
$3,000
1.1%
Views
12
Current Estimated Value
$291,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,069
Avg. Annual Appreciation
4.33%
Original Mortgage
$251,831
Outstanding Balance
$248,257
Interest Rate
6.46%
Mortgage Type
FHA
Estimated Equity
$42,812

Purchase Details

Closed on
Apr 28, 2005
Sold by
Ostrovsky Lana
Bought by
Ostrovsky Lana and Shiboylis Tatyana

Purchase Details

Closed on
May 25, 1995
Sold by
Joyce E Lenihan Trust
Bought by
Kelly Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,202
Interest Rate
8.26%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Chapman Brooke $275,000 None Listed On Document
Chapman Brooke $275,000 None Listed On Document
Ostrovsky Lana -- Philip F Greco Title Company
Kelly Kathleen A $84,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapman Brooke $251,831
Closed Chapman Brooke $251,831
Previous Owner Kelly Kathleen A $84,202
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2024 09/23/24 Sold $275,000 +1.1% $163 / Sq Ft
08/25/2024 08/25/24 Pending -- -- --
08/20/2024 08/20/24 For Sale $272,000 -- $161 / Sq Ft
Source: Michigan Multiple Listing Service

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
2025 $2,445 $110,950 $0 $0
2024 $1,850 $103,410 $0 $0
2022 $2,186 $91,200 $0 $0
2020 $1,798 $82,910 $0 $0
2018 $2,186 $72,170 $0 $0
2017 $2,102 $72,170 $0 $0
2015 -- $64,000 $0 $0
2014 -- $62,480 $0 $0
2011 -- $48,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elaine Gulock

    Seller's Agent in 2024

    Elaine Gulock

    Keller Williams Realty Lakeside

    (586) 685-1143

    2 in this area

    61 Total Sales

    Elaine Gulock
    Section Image
  • John Bray

    Buyer's Agent in 2024

    John Bray

    Real Estate One

    (248) 736-0808

    3 in this area

    28 Total Sales

    John Bray
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50152762

Michigan Multiple Listing Service

APN: 25-03-427-025

Michigan Oakland County Royal Oak 48071

1616 Millard Ave, Royal Oak, MI

Not Listed for Sale

Detached

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Michigan Multiple Listing Service Source MLS: MiRealSource
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