NOT LISTED FOR SALE

2514 N Main St Royal Oak, MI 48073

Estimated Value: $235,000 - $337,000

3 Beds
2 Baths
1,211 Sq Ft
$241/Sq Ft Est. Value

Last Sold October 22, 2012

Last sale price $80,000 $66 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $1,719/month

65 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 5-minute walk to Wagner Park
  • Bungalow
  • 1 Car Garage

About This Home

As of October 2012

This is a HUD property sold "as is" by electronic bid only. *For property conditions, forms, disclosures, availability & lead base paint notices see website in Agent Remarks. This property is escrow insured. FHA #261-904104

Last Agent to Sell the Property

Michael Frank

Frank Real Estate Inc License #6504249224 Listed on: 05/09/2012

Last Buyer's Agent

Kimberly Hosner

RE/MAX First License #RCO-6502331713

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 44x120

Parking

  • 1 Car Garage

Home Design

  • Bungalow
  • Vinyl Construction Material

Interior Spaces

  • 1,211 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Villabryn Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2510301003
  • $2,400 Seller Concession

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 1211
  • Total Sq Ft: 1211

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • 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: 666667.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 44X120
  • Parcel Number: 2510301003

Tax Info

  • Tax Amount Summer: 2054.0000
  • Tax Amount Winter: 68.0000
  • Total Tax: 2122.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2012
Closed on
Sep 21, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Dixon Andrea
Seller's Agent
Michael Frank
Frank Real Estate Inc
Buyer's Agent
Kimberly Hosner
RE/MAX First
List Price
$80,000
Sold Price
$80,000
Total Days on Market
65
Current Estimated Value
$291,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,822
Avg. Annual Appreciation
10.77%
Original Mortgage
$80,117
Outstanding Balance
$57,374
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$234,448

Purchase Details

Closed on
Feb 27, 2012
Sold by
Us Bank National Association
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Apr 19, 2011
Sold by
Wicker Justin M and Mortgage Electronic Registrati
Bought by
U S Bank N A

Purchase Details

Closed on
Jun 2, 2005
Sold by
Hammerschmidt Marguerite
Bought by
Hammerschmidt Marguerite and Stickradt Timothy P

Purchase Details

Closed on
Nov 17, 2000
Sold by
Oliver Susan
Bought by
Hammerschmidt Marguerite

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
6.99%

Purchase Details

Closed on
Mar 29, 1996
Sold by
Susan Victoria
Bought by
Susan Victoria
Source: Public Records

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Range of Values:

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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
Dixon Andrea $80,000 None Available
Secretary Of Housing & Urban Development -- None Available
U S Bank N A $177,125 None Available
Hammerschmidt Marguerite -- --
Hammerschmidt Marguerite $110,000 --
Susan Victoria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dixon Andrea $80,117
Previous Owner Wicker Justin M $176,610
Previous Owner Hammerschmidt Marguerite $104,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2012 10/22/12 Sold $80,000 0.0% $66 / Sq Ft
07/13/2012 07/13/12 Pending -- -- --
05/09/2012 05/09/12 For Sale $80,000 -- $66 / 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 $2,043 $112,330 $0 $0
2022 $2,414 $99,400 $0 $0
2020 $1,986 $87,900 $0 $0
2018 $2,414 $75,040 $0 $0
2017 $2,404 $75,040 $0 $0
2015 -- $66,780 $0 $0
2014 -- $61,610 $0 $0
2011 -- $58,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212048578

Realcomp

APN: 25-10-301-003