NOT LISTED FOR SALE

2530 Galpin Ave Unit A2 Royal Oak, MI 48073

Estimated Value: $196,106 - $203,000

2 Beds
1 Bath
976 Sq Ft
$205/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $175,000 $179 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,491/month

28 Days on Market

Highlights

  • 1 Acre Lot
  • Royal Oak High School Rated 9+
  • Forced Air Heating System

About This Home

As of August 2023

Completely turnkey home near downtown Royal Oak! Conveniently located with shopping, restaurants, and even Beaumont Hospital nearby, you'll have everything you need right around the corner. Enjoy convenient access to Woodward Ave, and multiple highways. This cozy two bedroom creates a comfortable atmosphere to come home to, with beautiful hardwood flooring and plenty of natural light. Plenty of closets and the spacious basement area provides tons of storage space. Look no further, schedule your private showing today!

Last Agent to Sell the Property

Chas Nichol

Trowbridge Realty License #6502116064 Listed on: 07/06/2023

Last Buyer's Agent

Ahsan Tarar

Amin Realty License #6501431339

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 1952

Lot Details

  • 1

HOA Fees

  • $230 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 976 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • The Terraces Condominiums Association, Phone Number (734) 761-3060
  • The Terraces Condo Occpn 492 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2509152048
  • $5,000 Seller Concession

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,623

Year Built

Built in 1952

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Townhouse
  • Architecture Level: 3 Story
  • Year Built: 1952
  • State Equalized Value: 72440.0000
  • Foundation Features: Insulating Concrete Forms
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 3
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 976
  • Total Sq Ft: 976
  • Sq Ft Total Bsmt: 488

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Frontage Feet: 1
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee Frequency: Monthly
  • Phone: 734-761-3060
  • Association Fee: 230
  • Association Contact: The Terraces Condominiums
  • Association Fee: Yes

Schools

  • School District: Royal Oak

Lot Info

  • Lot Size Area: 1.00
  • Lot Dimensions: Irregular
  • Parcel Number: 2509152048

Tax Info

  • Tax Amount Summer: 2024.0000
  • Tax Amount Winter: 599.0000
  • Total Tax: 2623.0000
  • Taxable Value: 68500.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Aug 4, 2023
Sold by
Czinder Nicholas J and Eilers Cameron B
Bought by
Ghani Asim
Seller's Agent
Chas Nichol
Trowbridge Realty
Buyer's Agent
Ahsan Tarar
Amin Realty
List Price
$178,500
Sold Price
$175,000
Premium/Discount to List
-$3,500
-1.96%
Views
88
Current Estimated Value
$199,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,777
Avg. Annual Appreciation
6.12%
Original Mortgage
$175,000
Outstanding Balance
$170,777
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$29,000

Purchase Details

Listed on
May 9, 2019
Closed on
Jun 7, 2019
Sold by
Duncan Jodie M and Duncan Andrew J
Bought by
Eilers Cameron B and Czinder Nicholas J
Seller's Agent
Sorra Scott
@properties Christie's Int'l RE Northville
Buyer's Agent
James Gillen III
Liberty Way Realty
List Price
$142,000
Sold Price
$142,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%

Purchase Details

Closed on
Jul 22, 2009
Sold by
Duncan Jodie M and Lykins Jodi L
Bought by
Duncan Jodie M and Duncan Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,278
Interest Rate
5.36%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2004
Sold by
Lykins Jodie L and Hotton Garianne
Bought by
Lykins Jodie L

Purchase Details

Closed on
Dec 30, 2003
Sold by
Havlin Jeffry L and Piziks Paul
Bought by
Lykins Jodie and Hotton Garianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,165
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 1998
Sold by
Wilson David J
Bought by
Havlin Heffry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,700
Interest Rate
7.06%
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
Ghani Asim $175,000 None Listed On Document
Ghani Asim $175,000 None Listed On Document
Eilers Cameron B $142,000 None Available
Duncan Jodie M -- Continental Title Agency
Lykins Jodie L -- Fidelity National Title Insu
Lykins Jodie $126,000 Devon Title Agency
Havlin Heffry L $91,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghani Asim $175,000
Closed Ghani Asim $175,000
Previous Owner Duncan Jodie M $124,278
Previous Owner Lykins Jodie $123,165
Previous Owner Havlin Heffry L $84,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2023 08/04/23 Sold $175,000 -2.0% $179 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $178,500 +25.7% $183 / Sq Ft
06/07/2019 06/07/19 Sold $142,000 0.0% $145 / Sq Ft View Prior Sale
05/11/2019 05/11/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $142,000 -- $145 / 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 $2,555 $86,930 $0 $0
2022 $2,622 $72,440 $0 $0
2020 $3,383 $0 $0 $0
2018 $2,622 $51,810 $0 $0
2017 $2,931 $51,810 $0 $0
2015 -- $68,130 $0 $0
2014 -- $66,420 $0 $0
2011 -- $58,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230054633

Realcomp

APN: 25-09-152-048