NOT LISTED FOR SALE

3103 Ferris Ave Royal Oak, MI 48073

Estimated Value: $374,000 - $455,299

3 Beds
2 Baths
1,320 Sq Ft
$306/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $220,000 $167 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,556/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Ground Level Unit
  • 1.5 Car Attached Garage
  • Humidifier

About This Home

As of October 2020

3 bedroom Bungalow located on tree line street in desirable Red Run Subdivision. Corner lot with attached breezeway to garage, huge master bedroom dormer on second level with master bath walk-in closet and addition closets. Hall bath on first level and half bath in basement. Hardwood floors on first level. Updated vinyl windows. Fenced yard. immediate Occupancy.

Last Agent to Sell the Property

Michael Nalley

Nalley Real Estate License #6504264454 Listed on: 10/08/2020

Last Buyer's Agent

Robert Coburn

RE/MAX First License #6501265468

RE/MAX First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1949

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40 x 135

Parking

  • 1.5 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,320 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Partially Finished Basement

Kitchen

  • Free-Standing Gas Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2510202026

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,522

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow, Cape Cod
  • Architecture Level: 1 1/2 Story
  • Year Built: 1949
  • State Equalized Value: 114630.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Humidifier
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Gas Oven, Free-Standing Refrigerator
  • Sq Ft Combined: 1720
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 1320
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1.5 Car
  • Garage Features: Attached
  • 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)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1915833.3333
  • Lot Size Area: 0.12
  • Lot Dimensions: 40 X 135
  • Parcel Number: 2510202026

Tax Info

  • Tax Amount Summer: 2744.0000
  • Tax Amount Winter: 778.0000
  • Total Tax: 3522.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Redbyrne Homes Llc
Bought by
Redman John
Current Estimated Value
$391,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Outstanding Balance
$195,928
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$186,218

Purchase Details

Listed on
Oct 8, 2020
Closed on
Oct 27, 2020
Sold by
Egan Stephen S
Bought by
Redhyrne Homes Llc
Seller's Agent
Michael Nalley
Nalley Real Estate
Buyer's Agent
Robert Coburn
RE/MAX First
List Price
$229,900
Sold Price
$220,000
Premium/Discount to List
-$9,900
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.22%

Purchase Details

Closed on
Dec 24, 1998
Sold by
Nbd Mortgage Co
Bought by
Egan Stephen J
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
Redman John $305,000 None Listed On Document
Redhyrne Homes Llc $220,000 Reputation First Title Agcy
Egan Stephen J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redman John $209,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $220,000 -4.3% $167 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $229,900 -- $174 / 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 $4,926 $169,820 $0 $0
2022 $5,150 $154,980 $0 $0
2020 $4,786 $119,320 $0 $0
2018 $5,150 $107,970 $0 $0
2017 $3,364 $107,970 $0 $0
2015 -- $95,700 $0 $0
2014 -- $87,730 $0 $0
2011 -- $78,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michael Nalley

    Nalley Real Estate

    Section Image
  • Robert Coburn

    Buyer's Agent in 2020

    Robert Coburn

    RE/MAX of Southeast Michigan

    (586) 662-4444

    43 in this area

    248 Total Sales

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Map

Source: Realcomp

MLS Number: 2200083869

Realcomp

APN: 25-10-202-026

Michigan Oakland County Royal Oak 48073

3103 Ferris Ave, Royal Oak, MI

This home is located at 3103 Ferris Ave, Royal Oak, MI 48073 since 08 October 2020 and is currently estimated at $403,575, approximately $305 per square foot. This property was built in 1949. 3103 Ferris Ave is a home located in Oakland County with nearby schools including Oak Ridge Elementary School, Royal Oak Middle School, and Royal Oak High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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