NOT LISTED FOR SALE

3111 Ferris Ave Royal Oak, MI 48073

Estimated Value: $349,000 - $376,000

3 Beds
1 Bath
1,388 Sq Ft
$261/Sq Ft Est. Value

Last Sold January 03, 2024

Last sale price $320,000 $231 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,296/month

10 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Bungalow
  • No HOA
  • Porch
  • Forced Air Heating System

About This Home

As of January 2024

Looking for a FABULOUS and inviting Royal Oak bungalow with actual dining space to entertain? Look no further! This unique Red Run Park home boasts a LARGE open concept family/dining room leading off the cheerful kitchen. Light pours in the windows and doorwall and showcases the vaulted ceilings, beautiful hardwood floors, and a dining space that can easily seat 8-10 guests. The kitchen has been recently renovated with gorgeous quartz counters, all new appliances and thoughtful attention to detail when it comes to storage solutions. We love how it overlooks the entire room and truly feels like the heart of the home. Light continues to flow in the front formal living room space, two bedrooms and updated ceramic tile bath on the mail floor. Upstairs the third bedroom, currently hosts twin beds but can easily fit a king and become the primary suite you are looking for! Partially finished basement with laundry, storage and a transferable waterproofing warranty.

Last Agent to Sell the Property

Selling Woodward with Brie & Renee

Max Broock, REALTORS-Royal Oak License #6501419971 Listed on: 12/05/2023

Max Broock, REALTORS-Royal Oak

Last Buyer's Agent

Kameron Dimitry

National Realty Centers, Inc License #6501364188

National Realty Centers, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1949 | Remodeled in 2021

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 44x135
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,388 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 2510202024
  • $5,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,667

Year Built

Built in 1949 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1949
  • State Equalized Value: 131400.0000
  • Year Renovated: 2021
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1788
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 1388
  • Sq Ft Total Bsmt: 725

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 44
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • 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: 44x135
  • Parcel Number: 2510202024

Tax Info

  • Tax Amount Summer: 3653.0000
  • Tax Amount Winter: 1014.0000
  • Total Tax: 4667.0000
  • Taxable Value: 121840.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2023
Closed on
Jan 3, 2024
Sold by
Walker Derrick
Bought by
Bashar Dimitry
Seller's Agent
Selling Woodward with Brie & Renee
Max Broock, REALTORS-Royal Oak
Buyer's Agent
Kameron Dimitry
National Realty Centers, Inc
List Price
$339,900
Sold Price
$320,000
Premium/Discount to List
-$19,900
-5.85%
Views
86
Current Estimated Value
$362,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,164
Avg. Annual Appreciation
7.99%
Original Mortgage
$256,000
Outstanding Balance
$252,898
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$109,266

Purchase Details

Closed on
Aug 19, 2019
Sold by
Doyle Kevin and Doyle Stacey
Bought by
Walker Derrick

Purchase Details

Listed on
Mar 1, 2012
Closed on
Mar 30, 2012
Sold by
Jenkins Mary E
Bought by
Doyle Kevin and Doyle Stacey
Seller's Agent
Lori Calzadillas
Temporary Inactive Users
Buyer's Agent
Jennifer Zardus
Coldwell Banker Weir Manuel-Bir
List Price
$159,900
Sold Price
$159,000
Premium/Discount to List
-$900
-0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$154,774
Interest Rate
4.12%
Mortgage Type
FHA
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
Bashar Dimitry $320,000 Ata National Title
Walker Derrick $245,000 None Available
Doyle Kevin $159,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bashar Dimitry $256,000
Previous Owner Walker Derrick $13,280
Previous Owner Walker Derrick $240,562
Previous Owner Doyle Kevin $150,375
Previous Owner Doyle Kevin P $154,774
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2024 01/03/24 Sold $320,000 0.0% $231 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
12/15/2023 12/15/23 Off Market $320,000 -- --
12/08/2023 12/08/23 Price Changed $334,900 -1.5% $241 / Sq Ft
12/05/2023 12/05/23 For Sale $339,900 +38.7% $245 / Sq Ft
10/23/2019 10/23/19 Sold $245,000 0.0% $177 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $245,000 +54.1% $177 / Sq Ft
05/24/2012 05/24/12 Sold $159,000 -0.6% $115 / Sq Ft
03/12/2012 03/12/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $159,900 -- $115 / 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 $3,760 $142,230 $0 $0
2022 $4,636 $125,070 $0 $0
2020 $3,653 $110,790 $0 $0
2018 $4,636 $94,680 $0 $0
2017 $3,166 $94,680 $0 $0
2015 -- $86,800 $0 $0
2014 -- $79,950 $0 $0
2011 -- $72,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230101794

Realcomp

APN: 25-10-202-024