NOT LISTED FOR SALE

224 N Alexander Ave Royal Oak, MI 48067

Estimated Value: $249,000 - $275,000

2 Beds
1 Bath
851 Sq Ft
$311/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $242,000 $284 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,759/month

1 Day on Market

Highlights

  • No HOA
  • Stainless Steel Appliances
  • Bungalow
  • Covered patio or porch
  • 1.5 Car Detached Garage
  • 3-minute walk to Whittier Park

About This Home

As of May 2023

Enjoy a short walk to Downtown Royal Oak from this 2BR home just across from Whittier Park. The home has an inviting covered front porch, screened rear porch, hardwood and ceramic flooring on the main level, plus a natural fireplace and wall of windows to bring in outdoor light. Outside you'll find a fully fence yard and 1.5 car garage with ample work space and electric power. There is a partially finished basement w/ laundry and mechanical room w/ workbench. Updates include a new high efficiency furnace 3 years ago! Lots of options are here: a cozy Starter Home, great for Downsizing, or a lucrative Rental for investors. Don't miss your chance to own this true "Walk to Downtown" property. Close before May 30 to get lower Homestead Taxes and enjoy the summer in Royal Oak! Occupancy at closing. Agent is Owner.

Last Listed By

Brian McClory

Sine & Monaghan, LLC License #6501383506 Listed on: 04/22/2023

Sine & Monaghan, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 126.00
  • Back Yard Fenced

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 851 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Partially Finished Basement
  • Interior Basement Entry
  • Carbon Monoxide Detectors

Kitchen

  • Free-Standing Electric Range
  • Recirculated Exhaust Fan
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1.5 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2515457002
  • $3,000 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Perkins Park Sub Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,218

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1940
  • State Equalized Value: 80200.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Circuit Breakers, Programmable Thermostat, Carbon Monoxide Alarm(s), Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Partially Finished
  • Kitchen Appliances: Disposal, Dryer, Exhaust Fan, Free-Standing Electric Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 1151
  • Sq Ft Lower Floor: 300
  • Total Sq Ft: 851
  • Sq Ft Total Bsmt: 653

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Porch - Covered, Patio, Porch
  • Road Frontage Type: Paved
  • Sideof Street: E
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage Size: 1.5 Car
  • Garage Features: Electricity, Door Opener, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Community
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00 x 126.00
  • Parcel Number: 2515457002

Tax Info

  • Tax Amount Summer: 2714.0000
  • Tax Amount Winter: 504.0000
  • Total Tax: 3218.0000
  • Taxable Value: 57620.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2023
Closed on
May 24, 2023
Sold by
Mc West Holdings Llc
Bought by
Lafountain Stephanie
Seller's Agent
Brian McClory
Sine & Monaghan, LLC
Buyer's Agent
Vanessa Estrellado
Good Company
List Price
$229,900
Sold Price
$242,000
Premium/Discount to List
$12,100
5.26%
Total Days on Market
1
Views
25
Current Estimated Value
$264,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,448
Avg. Annual Appreciation
5.04%
Original Mortgage
$193,600
Outstanding Balance
$189,753
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$77,504

Purchase Details

Closed on
Dec 4, 2013
Sold by
Mcclory Brian J
Bought by
Mc West Holdings Llc

Purchase Details

Listed on
Mar 9, 2012
Closed on
May 2, 2012
Sold by
Jmbjar Llc and Russell James A
Bought by
Mcclory Brian
Seller's Agent
Kevin Oldham
Kevin W Oldham
Buyer's Agent
Susan Carter
Sine & Monaghan, LLC
List Price
$89,900
Sold Price
$82,000
Premium/Discount to List
-$7,900
-8.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%

Purchase Details

Closed on
Dec 12, 2011
Sold by
Locchead Richard R and Locchead Ii Richard R
Bought by
Home Entures Enterprises Llc

Purchase Details

Closed on
Nov 1, 2011
Sold by
Locchead Richard and Bank Of America National Assoc
Bought by
Jmbjar Llc

Purchase Details

Closed on
Dec 29, 2004
Sold by
Schultz Leann B
Bought by
Locchead Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
5.9%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 23, 2000
Sold by
Chapman Rebecca S
Bought by
Schultz Leann B

Purchase Details

Closed on
Aug 15, 1995
Sold by
Fall Stewart C
Bought by
Newell Coreen and Bommarito Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,450
Interest Rate
7.64%
Mortgage Type
New Conventional

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
Lafountain Stephanie $242,000 Ata National Title
Mc West Holdings Llc -- None Available
Mcclory Brian $82,000 Title Express Llc
Home Entures Enterprises Llc -- None Available
Jmbjar Llc $46,289 None Available
Locchead Richard $165,000 Metropolitan Title Company
Schultz Leann B $139,500 --
Newell Coreen $77,320 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lafountain Stephanie $193,600
Previous Owner Locchead Richard $33,000
Previous Owner Locchead Richard $132,000
Previous Owner Newell Coreen $73,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $242,000 +5.3% $284 / Sq Ft
04/23/2023 04/23/23 Pending -- -- --
04/22/2023 04/22/23 For Sale $229,900 +180.4% $270 / Sq Ft
05/02/2012 05/02/12 Sold $82,000 -8.8% $91 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
03/09/2012 03/09/12 For Sale $89,900 -- $100 / 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 $3,338 $113,570 $0 $0
2022 $3,218 $80,200 $0 $0
2020 $1,814 $73,550 $0 $0
2018 $3,218 $65,360 $0 $0
2017 $2,969 $65,360 $0 $0
2015 -- $56,770 $0 $0
2014 -- $52,850 $0 $0
2011 -- $68,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230030188

Realcomp

APN: 25-15-457-002