NOT LISTED FOR SALE

1700 Ferris Ave Royal Oak, MI 48067

Estimated Value: $326,000 - $388,000

3 Beds
2 Baths
1,280 Sq Ft
$275/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $280,000 $219 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,251/month

5 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Porch
  • Deck
  • 1 Car Detached Garage
  • 5-minute walk to Cody Park

About This Home

As of May 2022

Classic 1930’s Royal Oak colonial with a charming interior that features lots of updates, partially finished basement, and a big private backyard. Light filled entry living room with hardwood floors, coved ceilings, and arched passageways. Traditional dining room connects the living room and kitchen. Roomy kitchen with metal counters, tile backsplash, and lots of potential. Back mudroom with access to the back deck. Three nice sized bedrooms share a beautifully updated full bath on the second floor. Partially finished basement offers a great bonus entertainment space with a second full bath, laundry, and storage. Huge fenced backyard with double deck, fire-pit, wood storage shed, and detached garage. Walking distance to local parks and close to downtown Royal Oak. Welcome Home!

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 04/22/2022

Good Company

Last Buyer's Agent

Chantel Hines

Keller Williams Lakeside License #6501392023

Keller Williams Lakeside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1939

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50.00x135.00
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,280 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Dryer
  • Partially Finished Basement

Kitchen

  • Free-Standing Electric Range
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Southlawn Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2515204007

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,285

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1939
  • State Equalized Value: 118240.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Range Hood
  • Sq Ft Combined: 1514
  • Sq Ft Lower Floor: 234
  • Total Sq Ft: 1280
  • Sq Ft Total Bsmt: 520

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 1 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)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Lot Size Area: 0.16
  • Lot Dimensions: 50.00X135.00
  • Parcel Number: 2515204007

Tax Info

  • Tax Amount Summer: 5395.0000
  • Tax Amount Winter: 890.0000
  • Total Tax: 6285.0000
  • Taxable Value: 112040.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
May 23, 2022
Sold by
Green Rubin D
Bought by
Ripper Daniel L and Walker Jillian M
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Chantel Hines
Keller Williams Lakeside
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Current Estimated Value
$352,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,436
Avg. Annual Appreciation
6.17%
Original Mortgage
$160,000
Outstanding Balance
$153,437
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$186,530

Purchase Details

Listed on
Apr 26, 2017
Closed on
Jun 9, 2017
Sold by
Mctigue Shaun and Bayour Marria
Bought by
Green Rubin D
Seller's Agent
Patricia Teeley
Good Company
Buyer's Agent
Scott Love
Good Company
List Price
$219,900
Sold Price
$226,500
Premium/Discount to List
$6,600
3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$226,500
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 10, 2014
Closed on
May 16, 2014
Sold by
Blackmore Andrew
Bought by
Mctigue Shaun
Seller's Agent
Penny Toth
Brookstone, Realtors LLC
Buyer's Agent
Julie Heidt
KW Metro
List Price
$185,000
Sold Price
$190,000
Premium/Discount to List
$5,000
2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$180,025
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2008
Sold by
Torges Cynthia
Bought by
Blackmore Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 1996
Sold by
Phillips Leigh Ann
Bought by
Torges Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,750
Interest Rate
7.36%
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
Ripper Daniel L $280,000 First American Title
Green Rubin D $226,500 None Available
Mctigue Shaun $190,000 Bankers Title Settlement Ser
Blackmore Andrew $180,000 None Available
Torges Cynthia $131,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ripper Daniel L $160,000
Previous Owner Green Rubin D $226,500
Previous Owner Mctigue Shaun $180,025
Previous Owner Blackmore Andrew $137,120
Previous Owner Blackmore Andrew $144,000
Previous Owner Torges Cynthia $24,200
Previous Owner Torges Cynthia $98,750
Previous Owner Torges Cynthia $111,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $280,000 +1.8% $219 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $275,000 +21.4% $215 / Sq Ft
06/13/2017 06/13/17 Sold $226,500 +3.0% $177 / Sq Ft
04/30/2017 04/30/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $219,900 +15.7% $172 / Sq Ft
05/16/2014 05/16/14 Sold $190,000 +2.7% $148 / Sq Ft
04/13/2014 04/13/14 Pending -- -- --
04/10/2014 04/10/14 For Sale $185,000 -- $145 / 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 $3,976 $139,260 $0 $0
2022 $4,430 $124,130 $0 $0
2020 $3,864 $111,530 $0 $0
2018 $4,430 $91,720 $0 $0
2017 $3,536 $91,720 $0 $0
2015 -- $85,140 $0 $0
2014 -- $79,320 $0 $0
2011 -- $67,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220028925

Realcomp

APN: 25-15-204-007