NOT LISTED FOR SALE

212 N Edgeworth Ave Royal Oak, MI 48067

Estimated Value: $316,719 - $374,000

3 Beds
2 Baths
1,414 Sq Ft
$246/Sq Ft Est. Value

Last Sold January 16, 2015

Last sale price $175,000 $124 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,223/month

55 Days on Market

Highlights

  • Deck
  • Enclosed Patio or Porch
  • Humidifier
  • Royal Oak High School Rated 9+
  • Forced Air Heating and Cooling System
  • Ceiling Fan

About This Home

As of January 2015

Your Tenants will appreciate the location of this extremely low maintenance rental unit. Enjoy a walk to Downtown Royal oak and close to I/75 for a Downtown Detroit destination! 2 bed unit has hardwood floors, fireplace and a beautiful enclosed porch to add living space. Top 1 bedroom unit has it's own shade covered deck. Tenants will like to park in the garage during the snowy weather! Brand new water heaters and furnaces. Newer air conditioners. Tenants pay all utilities.

Last Agent to Sell the Property

Kathleen Jardine

@properties Christie's Int'l R.E. Birmingham License #6501372164 Listed on: 10/18/2014

@properties Christie's Int'l R.E. Birmingham

Last Buyer's Agent

Thomas Rourke

Berkshire Hathaway HomeServices Kee Realty License #6502380484

Berkshire Hathaway HomeServices Kee Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1915

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x124.3

Parking

  • Garage

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,414 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Back Up Electric Heat Pump System
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Howarth Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2514377007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,301

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 53.94
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Humidifier
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 1414
  • Total Sq Ft: 1414
  • Sq Ft Total Bsmt: 808

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Deck, Porch - Enclosed
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages

Utilities

  • Heating Fuel: Electric
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Royal Oak

Lot Info

  • List Price per Acre: 1264285.7143
  • Lot Size Area: 0.14
  • Lot Dimensions: 50X124.3
  • Parcel Number: 2514377007
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1500

Tax Info

  • Tax Amount Summer: 3930.0000
  • Tax Amount Winter: 371.0000
  • Total Tax: 4301.0000

Multi Family

  • Gross Scheduled Income: 18000.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 1

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2014
Closed on
Jan 16, 2015
Sold by
Edgeworth Properties Llc
Bought by
Adams Christopher M
Seller's Agent
Kathleen Jardine
@properties Christie's Int'l R.E. Birmingham
Buyer's Agent
Thomas Rourke
Berkshire Hathaway HomeServices Kee Realty
List Price
$182,000
Sold Price
$175,000
Premium/Discount to List
-$7,000
-3.85%
Current Estimated Value
$347,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,180
Avg. Annual Appreciation
6.59%
Original Mortgage
$169,159
Outstanding Balance
$130,045
Interest Rate
3.94%
Mortgage Type
FHA
Estimated Equity
$217,135

Purchase Details

Closed on
Jul 2, 2003
Sold by
Mileto Lisa
Bought by
Mileto Vincent C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2003
Sold by
Mileto Vincent C
Bought by
Edgeworth Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2003
Sold by
Sandler Greg
Bought by
Mileto Vincent C and Mileto Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 1999
Sold by
Nowicke Richard B
Bought by
Mileto Vincent C
Source: Public Records

Range of Values:

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Average Value
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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
Adams Christopher M $175,000 Devon Title Agency
Mileto Vincent C -- Multiple
Edgeworth Properties Llc -- Multiple
Mileto Vincent C -- Titlequest Ins Agency Inc
Mileto Vincent C $171,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Christopher M $169,159
Previous Owner Mileto Vincent C $137,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2015 01/16/15 Sold $175,000 -3.8% $124 / Sq Ft
12/12/2014 12/12/14 Pending -- -- --
10/18/2014 10/18/14 For Sale $182,000 -- $129 / 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 $4,587 $143,780 $0 $0
2022 $5,193 $126,660 $0 $0
2020 $4,602 $110,410 $0 $0
2018 $5,193 $100,050 $0 $0
2017 $4,526 $100,050 $0 $0
2015 -- $103,460 $0 $0
2014 -- $100,640 $0 $0
2011 -- $75,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214109136

Realcomp

APN: 25-14-377-007