NOT LISTED FOR SALE

2616 Ferncliff Ave Royal Oak, MI 48073

Estimated Value: $407,000 - $451,000

3 Beds
2 Baths
1,182 Sq Ft
$363/Sq Ft Est. Value

Last Sold December 13, 2023

Last sale price $386,000 $327 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,645/month

2 Days on Market

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Bungalow
  • Royal Oak High School Rated 9+
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of December 2023

**ALL OFFERS DUE 11.13.2023 @ 12:00 pm*** Charming Bungalow in Prime Royal Oak Location - Modern Updates and Versatile Spaces

Discover the perfect blend of classic charm and modern convenience in this beautifully updated bungalow, nestled in the heart of Royal Oak's Northwood neighborhood. Boasting three cozy bedrooms and two full bathrooms, this home is ideal for families or those seeking comfort and style. The modern kitchen has been recently renovated, featuring sleek cabinets, contemporary quartzite countertops, and stainless steel appliances, all updated within the last three years, creating an inviting space for cooking and entertaining. The versatile garage, built in 2016, includes electricity, heating, and air conditioning, offering flexibility as a secure parking area, a workshop, or even a home gym. Since 2018, the spacious basement has been transformed into a delightful retreat, complete with a full bath featuring a full glass shower door, an elegant wet bar, and a dedicated laundry area with ample storage and a utility sink, making it ideal for relaxation or hosting gatherings. Additional inclusions like kitchen appliances, washer/dryer, and convenient TV wall mounts in the basement and garage enhance the functionality of these spaces. Situated in the desirable Northwood neighborhood, the home offers easy access to local amenities, parks, and vibrant community events, combining functionality, style, and a prime location to make it a must-see for those seeking a comfortable and contemporary living experience in Royal Oak. Buyer and buyer agent to verify all info.

Last Agent to Sell the Property

Nathan Boji

RE/MAX Classic License #6501299216 Listed on: 11/11/2023

RE/MAX Classic

Last Buyer's Agent

Anthony Scaccia

Ascendent Realty, LLC License #6502398978

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1953

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x105
  • Back Yard Fenced

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,182 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Heated Garage

Outdoor Features

  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Northwood Sub No 10 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2508278007

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,242

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Year Built: 1953
  • State Equalized Value: 134540.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 2032
  • Sq Ft Lower Floor: 850
  • Total Sq Ft: 1182
  • Sq Ft Total Bsmt: 903

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 50
  • Porch Type: Porch
  • Road Frontage Type: Paved
  • Fencing: Back Yard

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Heated, 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: 0.12
  • Lot Dimensions: 50x105
  • Parcel Number: 2508278007

Tax Info

  • Tax Amount Summer: 3320.0000
  • Tax Amount Winter: 922.0000
  • Total Tax: 4242.0000
  • Taxable Value: 110730.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2023
Closed on
Dec 8, 2023
Sold by
Gadjev Christopher and Gadjev Sarah
Bought by
Garippa John and Garippa Matthew
Seller's Agent
Nathan Boji
RE/MAX Classic
Buyer's Agent
Anthony Scaccia
Ascendent Realty, LLC
List Price
$370,000
Sold Price
$386,000
Premium/Discount to List
$16,000
4.32%
Views
54
Current Estimated Value
$428,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,675
Avg. Annual Appreciation
5.77%

Purchase Details

Listed on
Dec 15, 2013
Closed on
Feb 18, 2014
Sold by
Estate Of Thomas R Ryan and Ryan Thomas P
Bought by
Gadjev Christopher and Traxler Sarah
Seller's Agent
Gracie Mooney
Temporary Inactive Users
Buyer's Agent
Nathan Boji
RE/MAX Classic
List Price
$185,000
Sold Price
$174,000
Premium/Discount to List
-$11,000
-5.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$50,000
Interest Rate
4.39%
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
Garippa John $386,000 None Listed On Document
Garippa John $386,000 None Listed On Document
Gadjev Christopher $174,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gadjev Christopher $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/13/2023 12/13/23 Sold $386,000 +4.3% $327 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
11/11/2023 11/11/23 For Sale $370,000 +112.6% $313 / Sq Ft
02/18/2014 02/18/14 Sold $174,000 -5.9% $131 / Sq Ft View Prior Sale
02/07/2014 02/07/14 Pending -- -- --
12/15/2013 12/15/13 For Sale $185,000 -- $139 / 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 $4,768 $162,240 $0 $0
2022 $4,037 $129,980 $0 $0
2020 $3,320 $117,710 $0 $0
2018 $4,037 $102,830 $0 $0
2017 $3,644 $102,830 $0 $0
2015 -- $87,050 $0 $0
2014 -- $80,490 $0 $0
2011 -- $71,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230096037

Realcomp

APN: 25-08-278-007