NOT LISTED FOR SALE

2201 E Lincoln Ave Royal Oak, MI 48067

Estimated Value: $264,000 - $308,000

3 Beds
1 Bath
1,006 Sq Ft
$276/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $235,000 $234 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,742/month

16 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Shed
  • Royal Oak High School Rated 9+
  • Bungalow
  • 3-minute walk to Maddock Park

About This Home

As of December 2023

Fantastic starter home within walking distance to vibrant Downtown Royal Oak! This home features a newer roof, furnace and AC. Hardwood flooring and bright colors welcome you as you enter the home. Kitchen features a stainless steel range/oven, refrigerator, plenty of cabinet and counter space. Two bedrooms on the main floor along with a full bath with updated tile shower/tub, tile flooring and vanity. Upstairs you have a spacious primary bedroom. The basement has plenty of room for storage or to finish off extra living space. The home also features a fenced in yard and storage shed. Excellent price point to get into Royal Oak as either a residence or an investment.

Last Agent to Sell the Property

Connor Turcotte

Epique Realty License #6501405833 Listed on: 11/11/2023

Epique Realty

Last Buyer's Agent

John Delia

KW Metro License #RCO-6501393012

KW Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40.00x98.00
  • Back Yard Fenced

Home Design

  • Bungalow
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1,006 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Unfinished Basement

Kitchen

  • Free-Standing Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Shed

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Stephenson Super Highway Sub No 3 Royal Oak Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2523179024
  • $6,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,223

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 178.00
  • Year Built: 1950
  • State Equalized Value: 92520.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1006
  • Total Sq Ft: 1006
  • Sq Ft Total Bsmt: 805

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage Size: No Garage

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)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 40.00X98.00
  • Parcel Number: 2523179024

Tax Info

  • Tax Amount Summer: 4465.0000
  • Tax Amount Winter: 758.0000
  • Total Tax: 5223.0000
  • Taxable Value: 91120.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2023
Closed on
Dec 8, 2023
Sold by
Burns Marissa M
Bought by
Stramaglia Tewa and Stramaglia Nicholas
Seller's Agent
Connor Turcotte
Epique Realty
Buyer's Agent
John Delia
KW Metro
List Price
$235,000
Sold Price
$235,000
Views
271
Current Estimated Value
$277,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,789
Avg. Annual Appreciation
9.97%
Original Mortgage
$188,000
Outstanding Balance
$185,032
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$92,757

Purchase Details

Listed on
Nov 25, 2019
Closed on
Jan 15, 2020
Sold by
Egan Daniel N and Egan Carrie L
Bought by
Burns Marissa K
Seller's Agent
Mark Shaftner
KW Domain
Buyer's Agent
John Timko
@Properties Collective
List Price
$189,000
Sold Price
$184,000
Premium/Discount to List
-$5,000
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Original Mortgage
$178,480
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2004
Sold by
The Estate Of Gerald Holser
Bought by
Egan Daniel N and Egan Carrie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
6.08%
Mortgage Type
Credit Line Revolving
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
Stramaglia Tewa $235,000 None Listed On Document
Stramaglia Tewa $235,000 None Listed On Document
Burns Marissa K $184,000 None Available
Egan Daniel N $135,000 Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stramaglia Tewa $188,000
Closed Stramaglia Tewa $188,000
Previous Owner Burns Marissa K $178,480
Previous Owner Egan Daniel N $27,000
Previous Owner Egan Daniel N $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $235,000 0.0% $234 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
11/11/2023 11/11/23 For Sale $235,000 +27.7% $234 / Sq Ft
01/15/2020 01/15/20 Sold $184,000 -2.6% $183 / Sq Ft
12/20/2019 12/20/19 Pending -- -- --
11/25/2019 11/25/19 For Sale $189,000 -- $188 / 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 $2,874 $97,790 $0 $0
2022 $3,322 $89,240 $0 $0
2020 $4,465 $73,590 $0 $0
2018 $3,322 $62,120 $0 $0
2017 $2,000 $62,120 $0 $0
2015 -- $56,510 $0 $0
2014 -- $52,280 $0 $0
2011 -- $49,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230095403

Realcomp

APN: 25-23-179-024