NOT LISTED FOR SALE

201 E Farnum Ave Royal Oak, MI 48067

Estimated Value: $472,000 - $619,000

4 Beds
2 Baths
2,624 Sq Ft
$200/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $380,000 $145 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,585/month

3 Days on Market

Highlights

  • Porch
  • Ceiling Fan
  • Garage
  • Forced Air Heating System

About This Home

As of July 2021

*Multiple offers received, highest and best due Sunday 6/13 by 6 PM* It will be hard to find a duplex in a better location than this one, walking distance to downtown Royal Oak! This unit is 2,600+ square feet with a 2 car garage. Both units are 2 bedrooms and 1 bath, the lower unit has a larger footprint than the upper unit. Hardwood floors throughout both units and a full basement which includes shared laundry, 2 furnaces and 2 water heaters. Both units are currently vacant, a great opportunity to house hack and live in one unit while renting out the other. Currently rental certified with the city. Units are 201 and 203 Farnum. BATVAI.

Last Agent to Sell the Property

Donald Pauck

Good Company License #6501396869 Listed on: 06/10/2021

Good Company

Last Buyer's Agent

Nanine Savoie

Signature Sotheby's International Realty Bham License #6502346686

Signature Sotheby's International Realty Bham

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1910

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 60.00x158.00

Parking

  • Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,624 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2515308019

Community Details

Overview

  • 2 Units
  • Lawson Baldwin & Hilzinger Add Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,315

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1910
  • State Equalized Value: 149990.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2624
  • Total Sq Ft: 2624
  • Sq Ft Total Bsmt: 1112

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Block
  • Frontage Feet: 60
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Wall Unit(s), Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Royal Oak

Lot Info

  • Lot Size Area: 0.22
  • Lot Dimensions: 60.00X158.00
  • Parcel Number: 2515308019
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Legal Rental Certified: Yes

Tax Info

  • Tax Amount Summer: 4471.0000
  • Tax Amount Winter: 844.0000
  • Total Tax: 5315.0000
  • Taxable Value: 93300.0000

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2022
Sold by
Bruce Mckamey Robert and Bruce Christin
Bought by
Grantee Farnum Duplex Llc
Current Estimated Value
$524,252

Purchase Details

Listed on
Jun 10, 2021
Closed on
Aug 13, 2021
Sold by
Mckamey Robert and Mckamey Christin
Bought by
Mckamey Robert Bruce and Mckamey Christin
Seller's Agent
Donald Pauck
Good Company
Buyer's Agent
Nanine Savoie
Signature Sotheby's International Realty Bham
List Price
$365,000
Sold Price
$380,000
Premium/Discount to List
$15,000
4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%
Original Mortgage
$264,000
Interest Rate
2.78%

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jul 26, 2021
Sold by
Gpb Enterprises Llc
Bought by
Mckamey Christin and Mckamey Robert
Seller's Agent
Donald Pauck
Good Company
Buyer's Agent
Nanine Savoie
Signature Sotheby's International Realty Bham
List Price
$365,000
Sold Price
$380,000
Premium/Discount to List
$15,000
4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
2.78%

Purchase Details

Closed on
Dec 20, 2007
Sold by
Ghekiere Martha J
Bought by
Gpb Enterprises Llc
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
Grantee Farnum Duplex Llc -- None Listed On Document
Mckamey Robert Bruce -- None Available
Mckamey Christin $380,000 None Available
Gpb Enterprises Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckamey Christin $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $380,000 +4.1% $145 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $365,000 -- $139 / 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 $8,579 $187,710 $0 $0
2022 $9,743 $167,530 $0 $0
2020 $8,377 $149,990 $0 $0
2018 $9,743 $128,040 $0 $0
2017 $4,956 $128,040 $0 $0
2015 -- $113,100 $0 $0
2014 -- $109,390 $0 $0
2011 -- $92,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Donald Pauck

    Seller's Agent in 2021

    Donald Pauck

    Good Company

    (248) 251-6716

    23 in this area

    111 Total Sales

    Section Image
  • Nanine Savoie

    Buyer's Agent in 2021

    Nanine Savoie

    Signature Sotheby's International Realty Bham

    (248) 867-9056

    9 in this area

    24 Total Sales

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Map

Source: Realcomp

MLS Number: 2210043497

Realcomp

APN: 25-15-308-019

Michigan Oakland County Royal Oak 48067

201 E Farnum Ave, Royal Oak, MI

This home is located at 201 E Farnum Ave, Royal Oak, MI 48067 since 10 June 2021 and is currently estimated at $524,252, approximately $199 per square foot. This property was built in 1910. 201 E Farnum Ave is a home located in Oakland County with nearby schools including Keller Elementary, Royal Oak Middle School, and Royal Oak High School.

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