NOT LISTED FOR SALE

3031 Ferris Ave Royal Oak, MI 48073

Estimated Value: $356,000 - $386,214

3 Beds
2 Baths
1,100 Sq Ft
$340/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $320,000 $291 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,393/month

10 Days on Market

Highlights

  • No HOA
  • Stainless Steel Appliances
  • Bungalow
  • Covered patio or porch
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2022

**HIGHEST & BEST DEADLINE OF MONDAY 4/25 AT 5PM EST** Wonderful opportunity in Royal Oak's popular RED RUN HEIGHTS SUBDIVISION + 3 Bedroom / 2 Full Bath BUNGALOW with CHARMING FRONT PORCH + Refinished HARDWOOD FLOORS + AMAZING FINISHED BASEMENT with bar area and BRAND NEW FULL BATH is ideal for entertaining + Fresh neutral paint + EAT-IN KITCHEN with STAINLESS STEEL APPLIANCES, tile backsplash & Maple Cabinets + EXPANDED 2nd FLOOR MASTER BEDROOM has high ceilings and ample closet storage plus OFFICE area + 2 CAR GARAGE in deep fenced yard w/patio + Nearby to Red Run Park + CLEAN, STYLISH AND READY-TO-MOVE INTO.

Last Agent to Sell the Property

Andrea Carollo

Max Broock, REALTORS®-Birmingham License #6501315679 Listed on: 04/22/2022

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Scott Levine

Max Broock, REALTORS®-Birmingham License #RCO-6501381121

Max Broock, REALTORS®-Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1949

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 44.00x135.00

Home Design

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

Interior Spaces

  • 1,100 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Finished Basement

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Covered patio or porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Red Run Heights Sub No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2510206021

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,957

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1949
  • State Equalized Value: 107150.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 1650
  • Sq Ft Lower Floor: 550
  • Total Sq Ft: 1100
  • Sq Ft Total Bsmt: 713

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Foundation Materials: Block
  • Frontage Feet: 44
  • Porch Type: Porch - Covered, Patio, Porch, Patio - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Door Opener, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), 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: 0.14
  • Lot Dimensions: 44.00X135.00
  • Parcel Number: 2510206021

Tax Info

  • Tax Amount Summer: 3169.0000
  • Tax Amount Winter: 788.0000
  • Total Tax: 3957.0000
  • Taxable Value: 99160.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
May 20, 2022
Sold by
Mitchell Weiss
Bought by
Wolschleger Sean Vincent
Seller's Agent
Andrea Carollo
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Scott Levine
Max Broock, REALTORS®-Birmingham
List Price
$290,000
Sold Price
$320,000
Premium/Discount to List
$30,000
10.34%
Current Estimated Value
$373,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,554
Avg. Annual Appreciation
3.80%
Original Mortgage
$294,500
Outstanding Balance
$281,844
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$79,136

Purchase Details

Listed on
Aug 26, 2016
Closed on
Sep 29, 2016
Sold by
Hicks Vincent M and Hicks Nicole
Bought by
Weiss Mitchell
Seller's Agent
John Condevaux
Century 21 Professionals Troy
Buyer's Agent
Andrea Carollo
Max Broock, REALTORS®-Birmingham
List Price
$209,970
Sold Price
$210,000
Premium/Discount to List
$30
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$168,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2007
Sold by
Cartus Financial Corp
Bought by
Hicks Vincent M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,375
Interest Rate
6.37%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 31, 2007
Sold by
Lanese Nicholas J and Sneed Bethany G
Bought by
Cartus Financial Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,125
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2002
Sold by
Fasbender Joel F and Fasbender Lorraine L
Bought by
Lanese Nicholas J

Purchase Details

Closed on
Aug 3, 2000
Sold by
Fasbender Joel F
Bought by
Fasbender Joel F

Purchase Details

Closed on
May 28, 1998
Sold by
Cudini R Scott
Bought by
Fasbender Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
7.27%

Purchase Details

Closed on
May 23, 1997
Sold by
Highland William Iii
Bought by
Cudini R Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
8.27%
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
Wolschleger Sean Vincent $320,000 None Listed On Document
Weiss Mitchell $210,000 Title One Inc
Weiss Mitchell $210,000 Title One Inc
Hicks Vincent M $181,500 None Available
Cartus Financial Corp $181,500 None Available
Lanese Nicholas J $180,000 Metropolitan Title Company
Fasbender Joel F -- --
Fasbender Joel $148,500 --
Cudini R Scott $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolschleger Sean Vincent $294,500
Previous Owner Weiss Michell J $220,000
Previous Owner Weiss Mitchell J $189,000
Previous Owner Weiss Mitchell $168,000
Previous Owner Hicks Vincent M $79,508
Previous Owner Hicks Vincent M $136,500
Previous Owner Hicks Vincent $45,375
Previous Owner Hicks Vincent M $136,125
Previous Owner Cartus Financial Corp $136,125
Previous Owner Lanese Nicholas J $24,200
Previous Owner Lanese Nicholas J $37,900
Previous Owner Fasbender Joel $118,800
Previous Owner Cudini R Scott $103,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $320,000 +10.3% $291 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $290,000 +38.1% $264 / Sq Ft
09/29/2016 09/29/16 Sold $210,000 0.0% $221 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
08/26/2016 08/26/16 For Sale $209,970 -- $221 / 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 $4,159 $143,240 $0 $0
2022 $3,921 $113,090 $0 $0
2020 $4,041 $103,780 $0 $0
2018 $3,921 $97,080 $0 $0
2017 $3,985 $97,080 $0 $0
2015 -- $83,060 $0 $0
2014 -- $76,630 $0 $0
2011 -- $69,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220026780

Realcomp

APN: 25-10-206-021