NOT LISTED FOR SALE

303 California Ave Royal Oak, MI 48067

Estimated Value: $478,090 - $684,000

4 Beds
2 Baths
1,868 Sq Ft
$294/Sq Ft Est. Value

Last Sold April 14, 2017

Last sale price $362,000 $194 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,624/month

5 Days on Market

Highlights

  • Porch
  • Garage
  • Fenced
  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • 2-minute walk to Wendland Park

About This Home

As of April 2017

Location, Location! Great investment property in Downtown Royal Oak is a must see! True DUPLEX in Royal Oak with gorgeous NEW KITCHENS! Spacious TWO
2 bedroom units identical on each floor feature full baths, renovated new kitchens, beautiful granite, new stainless appliances. Refinished hardwood floors throughout. Sun filled large living rooms, spacious dining rooms. Large corner lot with fenced backyard, 2 car garage, finished basement with laundry and storage. Best Location in beautiful quiet neighborhood just a short walk in the heart of downtown Royal Oak and Holiday Market. Beautiful park right across the street. Currently both units tenant occupied. Tenants pay Gas/Electric. Separate metered units.

Last Agent to Sell the Property

Marina Csernits

Brookstone, Realtors LLC License #6501380784 Listed on: 03/24/2017

Brookstone, Realtors LLC

Last Buyer's Agent

Matthew Stansky

Good Company License #6501327649

Good Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1951 | Remodeled in 2015

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 70x109x70x109
  • Fenced

Parking

  • Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,868 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2522354018

Community Details

Overview

  • 2 Units
  • Hannan & Webber's Sunset Park Sub Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,893

Year Built

Built in 1951 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1951
  • Year Renovated: 2015
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common, Partially Finished
  • Sq Ft Combined: 2368
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 1868
  • Sq Ft Total Bsmt: 958

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages

Utilities

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

Schools

  • School District: Royal Oak

Lot Info

  • List Price per Acre: 2205882.3529
  • Lot Size Area: 0.17
  • Lot Dimensions: 70x109x70x109
  • Parcel Number: 2522354018
  • Zoning: Residential

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Snow Removal, Water/Sewer, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 3200

Tax Info

  • Tax Amount Summer: 6148.0000
  • Tax Amount Winter: 745.0000
  • Total Tax: 6893.0000

Multi Family

  • Gross Scheduled Income: 38400.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2021
Sold by
Marie Garatoni Lisa and Marie Peter
Bought by
Lgm Real Estate Llc
Current Estimated Value
$548,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 24, 2017
Closed on
Apr 14, 2017
Sold by
Foxecrest 3 Llc
Bought by
Lcim Real Estate Llc
Seller's Agent
Marina Csernits
Brookstone, Realtors LLC
Buyer's Agent
Matthew Stansky
Good Company
List Price
$375,000
Sold Price
$362,000
Premium/Discount to List
-$13,000
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%

Purchase Details

Closed on
Jan 29, 2016
Sold by
Muhrer David and Muhrer Paula
Bought by
Foxcrest 3 Llc

Purchase Details

Listed on
Jun 5, 2015
Closed on
Aug 13, 2015
Sold by
Wilson Antoinette E and Johnson Donna M
Bought by
Myhrer David and Myhrer Paula
Seller's Agent
Adrienne Stamell
Temporary Inactive Users
Buyer's Agent
Marina Csernits
Brookstone, Realtors LLC
List Price
$279,000
Sold Price
$260,000
Premium/Discount to List
-$19,000
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Original Mortgage
$195,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2013
Sold by
Holden Donald C and Holden Ellen E
Bought by
Holden Donald C
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
Lgm Real Estate Llc -- New Title Company Name
Garatoni Lisa-Marie -- New Title Company Name
Lcim Real Estate Llc $362,000 None Available
Foxcrest 3 Llc -- Attorney
Myhrer David $260,000 None Available
Holden Donald C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garatoni Lisa-Marie $280,000
Previous Owner Myhrer David $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2017 04/14/17 Sold $362,000 -3.5% $194 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $375,000 0.0% $201 / Sq Ft
12/27/2016 12/27/16 Rented $1,495 0.0% --
12/13/2016 12/13/16 Under Contract -- -- --
12/01/2016 12/01/16 For Rent $1,495 -6.6% --
11/27/2015 11/27/15 Rented $1,600 0.0% --
11/27/2015 11/27/15 Under Contract -- -- --
10/21/2015 10/21/15 For Rent $1,600 0.0% --
08/14/2015 08/14/15 Sold $260,000 -6.8% $139 / Sq Ft
06/25/2015 06/25/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $279,000 -- $149 / 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 $7,620 $178,600 $0 $0
2022 $8,310 $162,260 $0 $0
2020 $7,350 $146,580 $0 $0
2018 $8,310 $131,910 $0 $0
2017 $7,089 $131,910 $0 $0
2015 -- $100,610 $0 $0
2014 -- $88,430 $0 $0
2011 -- $90,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217022014

Realcomp

APN: 25-22-354-018