NOT LISTED FOR SALE

2507 Ferncliff Ave Royal Oak, MI 48073

Estimated Value: $368,000 - $436,000

3 Beds
1 Bath
1,087 Sq Ft
$370/Sq Ft Est. Value

Last Sold February 05, 2019

Last sale price $250,000 $230 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,462/month

121 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 1 Car Detached Garage
  • Royal Oak High School Rated 9+
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

As of February 2019

Two words: COMPLETELY RENOVATED! Quaint ranch style home with NEW written all over it: new electrical, new water heater, new drain tile & sump pump (30-year warranty), new furnace, brand new windows. Wood flooring & upgraded designer finishes throughout. Designer paint throughout. A kitchen you’ll never want to leave: brand new stainless-steel appliances, gorgeous quartz counter tops, shaker cabinets & a beautiful glass-tiled backsplash pulling it all together. Sleek clean remodeled bathroom featuring double vanity & jacuzzi tub. Finished basement adds additional living space; perfect for a game room, children’s play area, or a quiet place to escape from the rest of the world! A stone’s throw from downtown Royal Oak & Birmingham – great towns with lots of activity to be a part of! Addams Elementary is a short walk from the house. Don’t wait long on this gem; it won’t last long!

Last Agent to Sell the Property

Kimberly Nagy Street

EXP Realty Nagy Group License #6501265705 Listed on: 09/12/2018

Last Buyer's Agent

Mike Toomey

Remerica Hometown One License #RCO-6501364447

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1953

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x120

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1,087 Sq Ft Home
  • Finished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Northwood Sub No 10 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2508277033
  • $500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,902

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1953
  • Foundation Features: Sump Pump
  • 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: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 2153
  • Sq Ft Lower Floor: 1066
  • Total Sq Ft: 1087
  • Sq Ft Total Bsmt: 1066

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl, Wood
  • Foundation Materials: Poured
  • Frontage Feet: 50
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • List Price per Acre: 1892857.1429
  • Lot Size Area: 0.14
  • Lot Dimensions: 50X120
  • Parcel Number: 2508277033

Tax Info

  • Tax Amount Summer: 3342.0000
  • Tax Amount Winter: 560.0000
  • Total Tax: 3902.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2018
Closed on
Feb 5, 2019
Sold by
Chika Bob N
Bought by
Silas Corey and Silas Kalee
Seller's Agent
Kimberly Nagy Street
EXP Realty Nagy Group
Buyer's Agent
Mike Toomey
Remerica Hometown One
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Current Estimated Value
$402,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,527
Avg. Annual Appreciation
7.35%
Original Mortgage
$212,500
Outstanding Balance
$186,826
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$215,701

Purchase Details

Closed on
Dec 20, 2017
Sold by
Pipp Shirley Ann and Pipp Joseph R
Bought by
Chika Bob N
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
Silas Corey $250,000 None Available
Chika Bob N $166,500 Etitle Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silas Corey $212,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2019 02/05/19 Sold $250,000 -5.7% $230 / Sq Ft
01/11/2019 01/11/19 Pending -- -- --
01/02/2019 01/02/19 Price Changed $265,000 -3.6% $244 / Sq Ft
09/12/2018 09/12/18 For Sale $275,000 -- $253 / 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 $4,216 $146,170 $0 $0
2022 $4,982 $134,350 $0 $0
2020 $4,097 $124,250 $0 $0
2018 $4,982 $92,440 $0 $0
2017 $3,902 $92,440 $0 $0
2015 -- $81,060 $0 $0
2014 -- $74,920 $0 $0
2011 -- $65,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218088187

Realcomp

APN: 25-08-277-033