NOT LISTED FOR SALE

1635 Fairview Ave Royal Oak, MI 48073

Estimated Value: $306,000 - $475,000

4 Beds
2 Baths
1,680 Sq Ft
$246/Sq Ft Est. Value

Last Sold March 04, 2024

Last sale price $390,000 $232 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,853/month

2 Days on Market

Highlights

  • Ranch Style House
  • Cul-De-Sac
  • Patio
  • Royal Oak High School Rated 9+
  • Porch
  • 4-minute walk to Worden Park

About This Home

As of March 2024

***HIGHEST & BEST DUE BY 2/7 AT 2PM*** Side by side ranch style duplex presents a good opportunity for investors to own a solid, well maintained rental building. Separate mechanicals/utility meters for each unit, private basements accessible from within each unit, garage parking. The units are identical with 840 SF including 2 bedrooms, living room, kitchen with good work and dining space and one full bath. Good rental location in central Royal Oak. Long term tenants.

Last Agent to Sell the Property

Kate Hayman

KW Domain License #6501341688 Listed on: 02/05/2024

KW Domain

Co-Listed By

Stacy Hauck

KW Domain License #6501350059

Last Buyer's Agent

Tony Tran

License #6501386027

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1963

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 90x110
  • Cul-De-Sac

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,680 Sq Ft Home
  • Ceiling Fan

Unfinished Basement

  • Interior Basement Entry
  • Sump Pump

Parking

  • Garage
  • On-Street Parking

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2509101005

Community Details

Overview

  • 2 Units

Pet Policy

  • Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,451

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex, Ranch
  • Architecture Level: 1 Story
  • Assessment: 391.00
  • Year Built: 1963
  • State Equalized Value: 171040.0000
  • Foundation Features: Sump Pump
  • Pets Allowed: Cats OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Unfinished, Private
  • Sq Ft Combined: 1680
  • Total Sq Ft: 1680
  • Sq Ft Total Bsmt: 1620

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 90
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk, Cul-De-Sac

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages, On Street

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Separate Meters
  • Sewer: Public Sewer (Sewer-Sanitary), Separate Meters
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Royal Oak

Lot Info

  • Lot Size Area: 0.22
  • Lot Dimensions: 90x110
  • Parcel Number: 2509101005
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup)
  • Monthly Rental Income: 2875

Tax Info

  • Tax Amount Summer: 7885.0000
  • Tax Amount Winter: 1566.0000
  • Total Tax: 9451.0000
  • Taxable Value: 163630.0000

Multi Family

  • Gross Scheduled Income: 34500.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Feb 29, 2024
Sold by
Lai Patrick
Bought by
Le Hung and Nguyen Nhnng
Seller's Agent
Kate Hayman
KW Domain
Buyer's Agent
Tony Tran
List Price
$360,000
Sold Price
$390,000
Premium/Discount to List
$30,000
8.33%
Views
26
Current Estimated Value
$412,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,745
Avg. Annual Appreciation
3.65%

Purchase Details

Listed on
Sep 15, 2020
Closed on
Aug 7, 2020
Sold by
John J Rammelsburg Living Trust
Bought by
Lai Patrick
Seller's Agent
Kimberly Nagy Street
EXP Realty Nagy Group
Buyer's Agent
Kimberly Nagy Street
KW Domain
Sold Price
$1,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.06%
Original Mortgage
$297,500
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2007
Sold by
Hall Darlene F
Bought by
Hall Darlene F and The Darlene F Kinney Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2000
Sold by
Rammelsburg John J
Bought by
Rammelsburg John J
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 Buyer Sale Price Title Company
Le Hung $390,000 None Listed On Document
Le Hung $390,000 None Listed On Document
Lai Patrick $350,000 Parks Title
Hall Darlene F -- Title Source Inc
Hall Darlene F -- Title Source Inc
Rammelsburg John J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lai Patrick $297,500
Previous Owner Hall Darlene F $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2024 03/04/24 Sold $390,000 +8.3% $232 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $360,000 0.0% $214 / Sq Ft
10/01/2020 10/01/20 Rented $1,325 0.0% --
10/01/2020 10/01/20 Under Contract -- -- --
09/15/2020 09/15/20 For Rent $1,325 0.0% --
07/31/2020 07/31/20 Sold $350,000 -2.5% $208 / Sq Ft View Prior Sale
06/29/2020 06/29/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $359,000 -- $214 / 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 $7,981 $182,380 $0 $0
2022 $9,115 $160,330 $0 $0
2020 $7,885 $145,680 $0 $0
2018 $9,115 $123,160 $0 $0
2017 $5,665 $123,160 $0 $0
2015 -- $117,630 $0 $0
2014 -- $114,440 $0 $0
2011 -- $127,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kate Hayman

    Seller's Agent in 2024

    Kate Hayman

    KW Domain

    (248) 330-0534

    34 in this area

    209 Total Sales

    Kate Hayman
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    Stacy Hauck

    KW Domain

    Section Image
  • Tony Tran

    Buyer's Agent in 2024

    Tony Tran

    (586) 524-9340

    24 in this area

    102 Total Sales

    Tony Tran
    Section Image
  • Susan Carter

    Seller's Agent in 2020

    Susan Carter

    Sine & Monaghan, LLC

    (248) 766-0925

    29 in this area

    54 Total Sales

    Susan Carter
    Section Image
  • Kimberly Nagy Street

    Seller's Agent in 2020

    Kimberly Nagy Street

    EXP Realty Nagy Group

    (248) 459-0445

    106 in this area

    310 Total Sales

    Kimberly Nagy Street
    Section Image

  • R

    Buyer's Agent in 2020

    Rick Darling

    Century 21 Achievers

See All Agents

Map

Source: Realcomp

MLS Number: 20240005909

Realcomp

APN: 25-09-101-005

Michigan Oakland County Royal Oak 48073

1635 Fairview Ave, Royal Oak, MI

This home is located at 1635 Fairview Ave, Royal Oak, MI 48073 since 05 February 2024 and is currently estimated at $412,745, approximately $245 per square foot. This property was built in 1963. 1635 Fairview 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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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