NOT LISTED FOR SALE

208 W 5th Ave Royal Oak, MI 48067

Estimated Value: $4,566,702

-- Bed
-- Bath
15,000 Sq Ft
$304/Sq Ft Est. Value

About This Home

This home is located at 208 W 5th Ave, Royal Oak, MI 48067 and is currently estimated at $4,566,702, approximately $304 per square foot. 208 W 5th Ave is a home located in Oakland County with nearby schools including Northwood Elementary School, Royal Oak Middle School, and Royal Oak High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2017
Sold by
Jnnovo Development Group Llc
Bought by
Innovo Royal Oak Llc
Current Estimated Value
$4,566,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,600,000
Outstanding Balance
$2,434,955
Interest Rate
3.97%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$2,125,253

Purchase Details

Closed on
Oct 5, 2016
Sold by
Ksk Holdings Llc
Bought by
Innovo Development Group Llc

Purchase Details

Closed on
Jan 13, 2006
Sold by
Pkp L L C
Bought by
Ksk Holdings L L C

Purchase Details

Closed on
Jun 19, 2001
Sold by
Chinn Gayle H
Bought by
Pkp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
7.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 1995
Sold by
Chinn Gayle H
Bought by
K P P
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Innovo Royal Oak Llc -- First American Title
Innovo Development Group Llc -- None Available
Ksk Holdings L L C $2,600,000 None Available
Pkp -- --
K P P $499,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Innovo Royal Oak Llc $3,600,000
Previous Owner Pkp $615,000
Closed K P P $0
Source: Public Records

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 $65,631 $1,365,380 $0 $0
2022 $72,350 $1,259,060 $0 $0
2020 $63,595 $1,277,840 $0 $0
2018 $72,350 $739,630 $0 $0
2017 $43,043 $739,630 $0 $0
2015 -- $695,420 $0 $0
Source: Public Records

Map

Michigan Oakland County Royal Oak 48067

208 W 5th Ave, Royal Oak, MI

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