NOT LISTED FOR SALE

220 Forest Ave Royal Oak, MI 48067

Estimated Value: $489,359 - $587,000

3 Beds
1.5 Baths
1,701 Sq Ft
$316/Sq Ft Est. Value

Last Sold October 08, 2015

Last sale price $295,000 $173 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,262/month

35 Days on Market

Highlights

  • Cabana
  • No HOA
  • 2 Car Detached Garage
  • Keller Elementary Rated A-
  • Covered Patio or Porch
  • Bungalow

About This Home

As of October 2015

Desirable craftsman style bungalow in downtown Royal Oak. Located in an area of downtown that is a short walk or bike ride from the entertainment districts eating and shopping establishments and in a neighborhood undergoing a building renaissance of new upscale homes. This home has a lot to offer it's new owners including: an updated kitchen, open spacious floor plan with lots of hardwood floors and wood trim, a newly carpeted family room, large bedrooms on the upper level, and a full bath and a lavatory. In the private back yard there is a custom built cabana with fire feature on a nice stamped concrete patio surrounded by many perennials and flower beds. The garage has 2 drive-in spaces with additional room for a boat, or another car (it's large enough to be considered a 3 car garage). A little more updating and a decorating touch will increase it's value substantially. This is a great opportunity to live in downtown Royal Oak.

Last Agent to Sell the Property

Thomas Pierce

Real Estate One-Royal Oak License #6502139344 Listed on: 07/20/2015

Real Estate One-Royal Oak

Last Buyer's Agent

Susan Carter

Sine & Monaghan, LLC License #6502365782

Sine & Monaghan, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1915 | Remodeled in 2010

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 60x158
  • Fenced

Home Design

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

Interior Spaces

  • 1,701 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Cabana
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Baldwin Add Royal Oak Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2515306011

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,269

Year Built

Built in 1915 | Remodeled in 2010

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Year Built: 1915
  • Year Renovated: 2010
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural
  • Fireplace Locations: Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 1701

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exclusions: Yes
  • Exterior Features: Cabana, Fenced, Lighting
  • Foundation Materials: Block
  • Porch Type: Patio, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: S

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Door Opener, Electricity, Heated
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • 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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 1363181.8182
  • Lot Size Area: 0.22
  • Lot Dimensions: 60X158
  • Parcel Number: 2515306011

Tax Info

  • Tax Amount Summer: 4519.0000
  • Tax Amount Winter: 750.0000
  • Total Tax: 5269.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2015
Closed on
Sep 22, 2015
Sold by
Davis Wendell and Davis Renae
Bought by
Gillmore Benjamin and Gillmore Ann
Seller's Agent
Thomas Pierce
Real Estate One-Royal Oak
Buyer's Agent
Susan Carter
Sine & Monaghan, LLC
List Price
$319,900
Sold Price
$295,000
Premium/Discount to List
-$24,900
-7.78%
Current Estimated Value
$536,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,840
Avg. Annual Appreciation
5.95%
Original Mortgage
$265,500
Outstanding Balance
$206,949
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$329,891

Purchase Details

Closed on
Jun 10, 2005
Sold by
Case Bradley C
Bought by
Davis Wendell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 26, 1996
Sold by
Newberry Christian L
Bought by
Case Bradley C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
8.33%

Purchase Details

Closed on
Oct 3, 1994
Sold by
Charlston Frederick J
Bought by
Newberry Christian L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,200
Interest Rate
8.53%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gillmore Benjamin $295,000 None Available
Davis Wendell $270,000 --
Case Bradley C $173,200 --
Newberry Christian L $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillmore Benjamin $265,500
Previous Owner Davis Wendell $216,000
Previous Owner Case Bradley C $164,500
Previous Owner Newberry Christian L $109,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2015 10/08/15 Sold $295,000 -7.8% $173 / Sq Ft
08/24/2015 08/24/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $319,900 -- $188 / Sq Ft
Source: Realcomp

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
2025 $5,949 $225,180 $0 $0
2024 $4,528 $208,680 $0 $0
2022 $6,461 $176,090 $0 $0
2020 $4,394 $159,780 $0 $0
2018 $6,461 $139,790 $0 $0
2017 $5,135 $139,790 $0 $0
2015 -- $102,950 $0 $0
2014 -- $94,870 $0 $0
2011 -- $87,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215076237

Realcomp

APN: 25-15-306-011

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