NOT LISTED FOR SALE

204 Catalpa Dr Royal Oak, MI 48067

Estimated Value: $408,000 - $551,000

4 Beds
2 Baths
2,186 Sq Ft
$221/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $340,000 $156 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,146/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Forced Air Heating and Cooling System
  • Northwood Elementary School Rated A-

About This Home

As of June 2022

Great Location very close to downtown Royal Oak. Solid Brick multi-family with large, spacious rooms and hardwood floors throughout. Identical upper and lower flats share a common basement. Lots of potential. Limited showings due to tenant occupancy.

Last Agent to Sell the Property

Linda Solomon

Berkshire Hathaway HomeServices Kee Realty Bham License #6501230202 Listed on: 05/18/2022

Berkshire Hathaway HomeServices Kee Realty Bham

Last Buyer's Agent

Aniq Uppal

Arterra Realty Michigan LLC License #RCO-6501408504

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1955

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,186 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Unassigned Parking

Utilities

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

Additional Features

  • Porch
  • Lot Dimensions are 40 x 128

Listing and Financial Details

  • Assessor Parcel Number 2516281015

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,136

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1955
  • State Equalized Value: 136640.0000
  • 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, Common
  • Sq Ft Combined: 2186
  • Total Sq Ft: 2186
  • Sq Ft Total Bsmt: 1075

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Unassigned/General
  • Total Parking Spaces: 4

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)

Schools

  • School District: Royal Oak

Lot Info

  • Lot Dimensions: 40 X 128
  • Parcel Number: 2516281015
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup)
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2125

Tax Info

  • Tax Amount Summer: 4409.0000
  • Tax Amount Winter: 727.0000
  • Total Tax: 5136.0000
  • Taxable Value: 92470.0000

Multi Family

  • Gross Scheduled Income: 25500.00
  • 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
May 18, 2022
Closed on
Jun 22, 2022
Sold by
E J Shartsis Land Company Llc
Bought by
Kumari Deepika
Seller's Agent
Linda Solomon
Berkshire Hathaway HomeServices Kee Realty Bham
Buyer's Agent
Aniq Uppal
Arterra Realty Michigan LLC
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Current Estimated Value
$482,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,443
Avg. Annual Appreciation
11.14%
Original Mortgage
$329,800
Outstanding Balance
$314,249
Interest Rate
5.1%
Mortgage Type
Balloon
Estimated Equity
$161,462

Purchase Details

Closed on
Jun 3, 2016
Sold by
Shartsis Elsa
Bought by
Ej Shartsis Land Company Llc

Purchase Details

Closed on
Jan 2, 2002
Sold by
Shartsis Elsa M
Bought by
E J Shartsis Land Co
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
Kumari Deepika $340,000 First American Title
Ej Shartsis Land Company Llc -- None Available
E J Shartsis Land Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumari Deepika $329,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2022 06/22/22 Sold $340,000 -2.9% $156 / Sq Ft
05/18/2022 05/18/22 For Sale $350,000 0.0% $160 / Sq Ft
11/19/2021 11/19/21 Rented $1,150 0.0% --
11/12/2021 11/12/21 Under Contract -- -- --
11/09/2021 11/09/21 For Rent $1,150 -- --
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 $6,204 $195,770 $0 $0
2022 $5,334 $146,090 $0 $0
2020 $5,995 $128,770 $0 $0
2018 $5,334 $118,450 $0 $0
2017 $4,844 $118,450 $0 $0
2015 -- $107,410 $0 $0
2014 -- $91,670 $0 $0
2011 -- $101,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220031494

Realcomp

APN: 25-16-281-015