NOT LISTED FOR SALE

305 W 12 Mile Rd Royal Oak, MI 48073

Estimated Value: $412,000 - $523,000

3 Beds
1 Bath
1,134 Sq Ft
$413/Sq Ft Est. Value

Highlights

  • No HOA
  • Enclosed Patio or Porch
  • Bungalow
  • Northwood Elementary School Rated A-
  • Stainless Steel Appliances
  • Shed

About This Home

As of July 2023

3 bed/1 bath 1st floor unit in a tri-plex available for move-in April 1st! Unit #1 features a galley style kitchen w/ Stainless Steel Appliances, large formal dining room & living room, tall ceilings & bonus enclosed front porch & Florida room with private entry. On-site coin operated washer/dryer available in basement with additional storage space for all units available for use & plenty of parking spaces. No need to worry about landscaping, snow-removal, or basic utilities (gas, electricity, water/sewage, garbage/recycling) because it's ALL INCLUDED in the rental rate!! Walking distance to downtown Royal Oak.

Cats and small dogs (<20lbs) allowed for an additional fee. Move-in fees: 1.5 months' rent for security deposit + $200 non-refundable cleaning fee + $40 application fee per applicant. Minimum credit score of 600, no prior evictions & submit last 2 months' worth of paystubs or prior year tax returns. Combined monthly income of all tenants must be greater than 3x the monthly rental rate.

Last Agent to Rent the Property

Kim Nguyen

Crown Real Estate Group License #6501413482 Listed on: 03/01/2023

Last Renter's Agent

Kim Nguyen

Crown Real Estate Group License #RCO-6501413482

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,189

Year Built

  • Built in 1901 | Remodeled in 2021

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x148
  • Back Yard Fenced

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,134 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Interior Basement Entry
  • Carbon Monoxide Detectors

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Off-Site Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Shed

Location

  • Ground Level

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • ENERGY STAR Qualified Water Heater
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,550
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 40.00
  • Assessor Parcel Number 2516226013

Community Details

Overview

  • No Home Owners Association
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,189

Year Built

Built in 1901 | Remodeled in 2021

Lot Details

0

Rental Info

  • Application Fee: 40.00
  • Lease Type: Apartments, Single Family House
  • Rent Includes: Heat, Electric, Water/Sewer, Snow Removal, Trash Collection (Garbage Pickup), Water, Yard Maintenance
  • Security Deposit: 2550.00
  • Tenant Amenities: Maintenance Off-Site, Laundry On Site

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 Story
  • Year Built: 1901
  • Year Renovated: 2021
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Breed Restrictions, Call, Cats OK, Dogs OK, Number Limit, Size Limit
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Smoke Alarm, Cable Available, Carbon Monoxide Alarm(s), High Spd Internet Avail, Programmable Thermostat, Furnished - No
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Range Hood, Stainless Steel Appliance(s), Washer
  • Total Sq Ft: 1134

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement, Michigan Basement
  • Construction Materials: Aluminum, Vinyl
  • Exterior Features: Grounds Maintenance, Lighting, Fenced
  • Foundation Materials: Block
  • Porch Type: Porch - Covered, Porch - Enclosed, Porch
  • Road Frontage Type: Paved
  • Fencing: Back Yard

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: 2+ Assigned Spaces
  • MF Parking: Assigned Spaces, Off Site

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: ENERGY STAR® Qualified Water Heater, Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 200.00

Lot Info

  • Lot Size Area: 0.17
  • Lot Dimensions: 50X148
  • Parcel Number: 2516226013

Multi Family

  • Length of Lease: 12 Months, 13-24 Months

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2020
Sold by
P Flowers Estate Holdings Llc
Bought by
Flowers Preston
Current Estimated Value
$468,065

Purchase Details

Closed on
Dec 12, 2018
Sold by
Flowers Preston
Bought by
P Flowers Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,750
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2018
Sold by
Collins Andrew
Bought by
Flowers Preston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,750
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2003
Sold by
Winter Daniel E and The 12 Mile Trust
Bought by
Collins Andrew

Purchase Details

Closed on
Dec 17, 1997
Sold by
Winter Patrick D
Bought by
12 Mile Tr
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Flowers Preston -- None Available
P Flowers Estate Holdings Llc -- None Available
Flowers Preston $317,000 Estates Title Agency
Collins Andrew $270,000 Multiple
12 Mile Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flowers Preston $237,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2023 07/21/23 Rented $1,600 0.0% --
06/26/2023 06/26/23 Price Changed $1,600 -5.9% $1 / Sq Ft
03/14/2023 03/14/23 Price Changed $1,700 -5.6% $1 / Sq Ft
03/01/2023 03/01/23 For Rent $1,800 +44.0% --
03/05/2022 03/05/22 Rented $1,250 0.0% --
03/02/2022 03/02/22 Under Contract -- -- --
02/15/2022 02/15/22 For Rent $1,250 +38.9% --
12/10/2021 12/10/21 Rented $900 0.0% --
12/08/2021 12/08/21 Under Contract -- -- --
11/29/2021 11/29/21 Price Changed $900 -5.3% $1 / Sq Ft
11/16/2021 11/16/21 For Rent $950 -- --
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 $7,189 $170,590 $0 $0
2022 $7,840 $153,840 $0 $0
2020 $6,934 $135,610 $0 $0
2018 $7,840 $119,960 $0 $0
2017 $5,206 $119,960 $0 $0
2015 -- $109,030 $0 $0
2014 -- $93,150 $0 $0
2011 -- $94,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230013098

Realcomp

APN: 25-16-226-013