NOT LISTED FOR SALE

1718 Cresthill Ave Royal Oak, MI 48073

Estimated Value: $299,000 - $313,302

3 Beds
1.5 Baths
897 Sq Ft
$340/Sq Ft Est. Value

Last Sold May 04, 2022

Last sale price $245,000 $273 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,138/month

7 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of May 2022

HIGHEST AND BEST DUE BY 4 PM TODAY, APRIL 5TH. This beautiful Royal Oak Ranch Features exposed hardwood floors in the living room, dining room and bedrooms. This property has an excellent floor plan and curb appeal. The Vintage kitchen features natural wood doors and a large pantry. The partially finished basement has a 1/2 bath and a bonus room that could be used as an office with with tons of storage. The Mechanicals include gas forced-air furnace & central air conditioning, copper plumbing, circuit breakers, and most windows are vinyl replacement windows. There is a nice sunroom overlooking the backyard. There is a 2 ½ car garage. Kitchen appliances, washer and dryer are included with the sale. This Property was previously pending. A Sewer Scope revealed a problem with the sewer line. A new sewer line from the clean out to the City Tap is scheduled to be installed next week. This is a huge benefit for the new buyer as they will enjoy a very expensive $$$ upgrade.

Last Agent to Sell the Property

Tom Hutt

RE/MAX Classic License #6502346728 Listed on: 03/31/2022

RE/MAX Classic

Last Buyer's Agent

Justin Barnes

Good Company License #6501426514

Good Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1956

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00x125.00

Parking

  • 2 Car Detached Garage

Home Design

  • 897 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Ground Level

Utilities

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

Additional Features

  • Partially Finished Basement

Community Details

  • No Home Owners Association
  • Hillcrest Manor Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2505282012

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,428

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1956
  • State Equalized Value: 92740.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1097
  • Sq Ft Lower Floor: 200
  • Total Sq Ft: 897
  • Sq Ft Total Bsmt: 875

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 50
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 2+ Assigned Spaces, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: 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: 0.14
  • Lot Dimensions: 50.00X125.00
  • Parcel Number: 2505282012

Tax Info

  • Tax Amount Summer: 2943.0000
  • Tax Amount Winter: 485.0000
  • Total Tax: 3428.0000
  • Taxable Value: 61110.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 26, 2022
Sold by
David Yu
Bought by
Yu David and Paulson Anna
Seller's Agent
Tom Hutt
RE/MAX Classic
Buyer's Agent
Justin Barnes
Good Company
List Price
$230,000
Sold Price
$245,000
Premium/Discount to List
$15,000
6.52%
Current Estimated Value
$305,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,326
Avg. Annual Appreciation
6.90%
Original Mortgage
$196,000
Outstanding Balance
$185,859
Interest Rate
4.72%
Mortgage Type
Balloon
Estimated Equity
$119,467

Purchase Details

Closed on
Sep 4, 2013
Sold by
Lerch Richard J
Bought by
Lerch Enterprises Llc

Purchase Details

Closed on
Nov 30, 2012
Sold by
Lerch Richard J and Estate Of Robert F Lerch
Bought by
Lerch Richard J

Purchase Details

Closed on
Dec 12, 2011
Sold by
Lerch Richard J and Lerch Robert F
Bought by
Lerch Robert F

Purchase Details

Closed on
Apr 20, 2000
Sold by
Lerch Josef
Bought by
Nada J Lerch Tr
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
Yu David -- None Listed On Document
Lerch Enterprises Llc -- None Available
Lerch Richard J -- None Available
Lerch Robert F -- None Available
Nada J Lerch Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu David Luo $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2022 05/04/22 Sold $245,000 +6.5% $273 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $230,000 0.0% $256 / Sq Ft
04/12/2019 04/12/19 Rented $1,600 0.0% --
03/27/2019 03/27/19 Under Contract -- -- --
03/06/2019 03/06/19 For Rent $1,600 +6.7% --
04/17/2018 04/17/18 Rented $1,500 0.0% --
04/14/2018 04/14/18 Under Contract -- -- --
04/13/2018 04/13/18 Price Changed $1,500 -3.2% $2 / Sq Ft
02/07/2018 02/07/18 Price Changed $1,550 -3.1% $2 / Sq Ft
01/02/2018 01/02/18 For Rent $1,600 +14.3% --
11/15/2013 11/15/13 Rented $1,400 0.0% --
11/01/2013 11/01/13 Under Contract -- -- --
10/22/2013 10/22/13 For Rent $1,400 -- --
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 $5,689 $123,680 $0 $0
2022 $3,525 $97,700 $0 $0
2020 $5,487 $89,850 $0 $0
2018 $3,525 $82,070 $0 $0
2017 $3,202 $82,070 $0 $0
2015 -- $75,620 $0 $0
2014 -- $69,720 $0 $0
2011 -- $61,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220022284

Realcomp

APN: 25-05-282-012