NOT LISTED FOR SALE

2514 N Vermont Ave Royal Oak, MI 48073

Estimated Value: $374,000 - $393,099

3 Beds
1 Bath
1,220 Sq Ft
$312/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $330,000 $270 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,450/month

17 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Fenced
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 3-minute walk to Red Run Park

About This Home

As of August 2023

Lovely brick bungalow in Red Run Sub is well cared for and offers numerous updates on an extra deep lot. Kitchen is beautifully updated with travertine tile floor, lovely cabinetry, granite countertops and stainless steel appliances. Bath has newer tub, ceramic floor and tub surround and vanity. Large primary bedroom has nice closet space. Two nice-sized additional bedrooms on first floor. Family room on main floor has wonderful natural light and would also make a great office space. Hardwood floors on first floor are beautiful. Generous extra space in finished basment offers additional living area. Nice sized yard has space for garden and outdoor activities. Possession at closing.

Last Agent to Sell the Property

Karen Gillette

Real Estate One-Royal Oak License #6501242393 Listed on: 07/09/2023

Real Estate One-Royal Oak

Last Buyer's Agent

Rich Stimson

@properties Christie's Int'l R.E. Detroit License #6501409961

@properties Christie's Int'l R.E. Detroit

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1948

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50.00 x 155.00
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,220 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

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
  • Red Run Golf Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2510427006
  • $1,700 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,290

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Year Built: 1948
  • State Equalized Value: 144160.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Circuit Breakers
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1655
  • Sq Ft Lower Floor: 435
  • Total Sq Ft: 1220
  • Sq Ft Total Bsmt: 806

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Road Frontage Type: Paved
  • Sideof Street: E
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 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: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.17
  • Lot Dimensions: 50.00 x 155.00
  • Parcel Number: 2510427006

Tax Info

  • Tax Amount Summer: 4082.0000
  • Tax Amount Winter: 1208.0000
  • Total Tax: 5290.0000
  • Taxable Value: 138180.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2023
Closed on
Aug 18, 2023
Sold by
Oloughlin Seth and Cantwell Kay
Bought by
Kabot Corey and Kabot Ali
Seller's Agent
Karen Gillette
Real Estate One-Royal Oak
Buyer's Agent
Rich Stimson
@properties Christie's Int'l R.E. Detroit
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%
Views
122
Current Estimated Value
$380,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,775
Avg. Annual Appreciation
5.00%
Original Mortgage
$297,000
Outstanding Balance
$291,945
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$72,265

Purchase Details

Listed on
Nov 7, 2018
Closed on
Jan 11, 2019
Sold by
Valenti Michael
Bought by
Loughlin Seth O and Cantwell Kay
Seller's Agent
Craig Minoletti
Signature Sotheby's International Realty Bham
Buyer's Agent
Robert Sheldon
Real Estate One-Royal Oak
List Price
$252,000
Sold Price
$244,000
Premium/Discount to List
-$8,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$195,200
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2018
Sold by
Rau Emily and Irvine Emily
Bought by
Valenti Michael

Purchase Details

Closed on
Jun 10, 2004
Sold by
Meldrum Scott A and Meldrum Janice
Bought by
Valenti Michael and Irvine Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
8.02%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 7, 2001
Sold by
Burkholder James P
Bought by
Meldrum Scott A

Purchase Details

Closed on
Aug 25, 1998
Sold by
Maxim Aaron
Bought by
Burkholder James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.99%

Purchase Details

Closed on
Jul 14, 1995
Sold by
O'Rourke Rosemary
Bought by
Maxim Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.64%
Mortgage Type
New Conventional
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
Kabot Corey $330,000 None Listed On Document
Loughlin Seth O $244,000 Metro Hills Title Agency Llc
Valenti Michael -- None Available
Valenti Michael $212,000 Title One Inc
Meldrum Scott A $182,000 --
Burkholder James P $155,000 --
Maxim Aaron $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kabot Corey $297,000
Previous Owner Loughlin Seth O $195,200
Previous Owner Valenti Michael $42,400
Previous Owner Valenti Michael $169,600
Previous Owner Burkholder James P $124,000
Previous Owner Maxim Aaron $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $330,000 -1.5% $270 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/24/2023 07/24/23 Price Changed $335,000 -4.3% $275 / Sq Ft
07/09/2023 07/09/23 For Sale $350,000 +43.4% $287 / Sq Ft
01/14/2019 01/14/19 Sold $244,000 0.0% $195 / Sq Ft
12/04/2018 12/04/18 Price Changed $244,000 +0.9% $195 / Sq Ft
12/04/2018 12/04/18 Pending -- -- --
12/02/2018 12/02/18 Price Changed $241,900 -1.2% $194 / Sq Ft
11/26/2018 11/26/18 Price Changed $244,900 -0.8% $196 / Sq Ft
11/26/2018 11/26/18 Price Changed $246,900 -0.4% $198 / Sq Ft
11/18/2018 11/18/18 Price Changed $247,900 -0.8% $198 / Sq Ft
11/13/2018 11/13/18 Price Changed $249,900 -0.8% $200 / Sq Ft
11/07/2018 11/07/18 For Sale $252,000 0.0% $202 / Sq Ft
04/25/2014 04/25/14 Rented $1,600 +6.7% --
04/24/2014 04/24/14 Under Contract -- -- --
04/16/2014 04/16/14 For Rent $1,500 -- --
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 $4,514 $153,600 $0 $0
2022 $5,290 $144,160 $0 $0
2020 $4,350 $131,930 $0 $0
2018 $5,290 $97,140 $0 $0
2017 $4,426 $97,140 $0 $0
2015 -- $89,010 $0 $0
2014 -- $82,250 $0 $0
2011 -- $74,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230053582

Realcomp

APN: 25-10-427-006