NOT LISTED FOR SALE

306 Rhode Island Ave Royal Oak, MI 48067

Estimated Value: $777,000 - $821,486

4 Beds
2.5 Baths
2,825 Sq Ft
$283/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $505,000 $179 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,924/month

64 Days on Market

Highlights

  • Newly Remodeled
  • Colonial Architecture
  • Covered Patio or Porch
  • Royal Oak High School Rated 9+
  • No HOA
  • 1-minute walk to Wendland Park

About This Home

As of September 2017

Welcome home to this stately new construction colonial located on a tree lined dead end street directly across from Wendtland Park and less than a mile from the Detroit Zoo and the downtown Royal Oak entertainment district!! You'll find an open 1st floor with a spacious living, dining and kitchen area in addition a large pantry and mud room with direct access from the attached 2 car garage. In addition, you'll be taken back by the generous sized master bedroom with stepped ceiling, master closet and master bathroom with dual shower heads and dual vanity. Some other notable features include 2nd floor laundry, 1st floor office / den, private fenced yard, gas fireplace in living room with stone surround, hardwood floor throughout the 1st floor up thru the 2nd floor wide hallways, plenty of storage closets, sprinkling system, fully landscaped and much more! Superb floor plan and elevation along with high quality construction materials and tasteful finish design!!

Last Agent to Sell the Property

Corey Stanton

Stanton & Associates-Realtors License #6502357397 Listed on: 07/20/2017

Last Buyer's Agent

Frank Flynn

The Agency Hall & Hunter License #6501298894

The Agency Hall & Hunter

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,877

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x132
  • Fenced

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,825 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Hannan & Webber's Sunset Park Sub Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2522358031

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,877

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Warranty: Yes
  • Year Built: 2016
  • Foundation Features: Sump Pump
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 2825

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Construction Features: New Construction
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 3416666.6667
  • Lot Size Area: 0.15
  • Lot Dimensions: 50x132
  • Parcel Number: 2522358031

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2017
Closed on
Sep 22, 2017
Sold by
Nd Income Fund Llc
Bought by
Grossbart Jason M and Herzog Amanda B
Seller's Agent
Corey Stanton
Stanton & Associates-Realtors
Buyer's Agent
Frank Flynn
The Agency Hall & Hunter
List Price
$524,900
Sold Price
$505,000
Premium/Discount to List
-$19,900
-3.79%
Current Estimated Value
$799,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,372
Avg. Annual Appreciation
5.83%
Source: Public Records

Range of Values:

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Average Value
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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
Grossbart Jason M $505,000 First American Title Insuran
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2017 09/22/17 Sold $505,000 -1.5% $179 / Sq Ft
08/05/2017 08/05/17 Price Changed $512,500 -0.5% $181 / Sq Ft
07/24/2017 07/24/17 Price Changed $514,900 -1.9% $182 / Sq Ft
07/20/2017 07/20/17 For Sale $524,900 -- $186 / 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 $8,877 $347,190 $0 $0
2022 $10,488 $310,800 $0 $0
2020 $8,625 $278,480 $0 $0
2018 $10,488 $248,640 $0 $0
2017 $14,068 $248,640 $0 $0
2015 -- $41,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217063317

Realcomp

APN: 25-22-358-031