NOT LISTED FOR SALE

312 E 3rd St Royal Oak, MI 48067

Estimated Value: $450,488

3 Beds
2 Baths
1,918 Sq Ft
$235/Sq Ft Est. Value

Last Sold February 01, 2016

Last sale price $290,000 $151 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,096/month

75 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Bungalow
  • Porch
  • Wheelchair Access
  • 1-minute walk to Centennial Commons

About This Home

As of February 2016

Huge Potential in the heart of the business district. This home was converted into a dental practice centered around warmth and charm and could easily be converted back to strictly residential (A land-use permit request would have to be made with the City). Huge front-covered porch great from warm-weather relaxing and people watching! Enter into this charming bungalow and you will feel right at home. The main living room is the perfect gathering space with the gas fireplace, hardood floors and recessed lighting. The dining room and butler pantry remain in tact. The two first floor rooms can easily be converted back to bedrooms. The kitchen is spacious with lots of cabinets. The 2nd floor has a huge room with wood floors and would make a perfect master suite. Two additional rooms may be used as bedrooms, playroom or office. There is a huge Michigan basement with some drywall and walkout access. No garage but 4 plus parking spaces in back.

Last Agent to Sell the Property

Julie Papagni

Keller Williams Paint Creek License #MISPE-6501310880 Listed on: 10/05/2015

Keller Williams Paint Creek

Last Buyer's Agent

Guest User

Greg Bagnik License #AAABOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,465

Year Built

  • Built in 1918

Lot Details

  • 4,792

Parking

  • 3 Car Parking Spaces

Home Design

  • Bungalow
  • Poured Concrete

Interior Spaces

  • 1,918 Sq Ft Home
  • 1.5-Story Property
  • Microwave

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Basement

  • Walk-Out Basement
  • Michigan Basement

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • Wheelchair Access
  • Lot Dimensions are 40x120

Community Details

  • Fourth Avenue Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522107003

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,465

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Year Built: 1918
  • Mail City: Royal Oak
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Microwave, Refrigerator
  • Basement: Yes
  • Basement: MI Basement, Walk Out, Poured
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 20 x 18
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On Entry Level, Dimensions: 11 x 12
  • Bedroom 2 Floor Covering: Linoleum
  • Bedroom 3: On Entry Level, Dimensions: 12 x 12
  • Bedroom 3 Floor Covering: Linoleum
  • Total Bathrooms: 2
  • Kitchen: On Entry Level, Dimensions: 12 x 12
  • Kitchen Floor Covering: Linoleum
  • Library Den: On 2nd Floor, Dimensions: 12 x 11
  • Library Den Floor Covering: Carpet
  • Living Room: On Entry Level, Dimensions: 24 x 20
  • Living Room Floor Covering: Wood
  • Half Bathrooms: 2
  • Above Grade Finished Sq Ft: 1918
  • Total Finished Sq Ft: 1918

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Wheelchair Access, Patio, Porch
  • Foundation: Basement
  • Road: Paved Street

Garage/Parking

  • Parking: 3 or More Spaces

Utilities

  • Heating: Baseboard
  • Heating Fuel: Electric, Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 2522107003
  • Zoning: Commercial
  • Lot Dimensions: 40x120
  • Geo Subdivision: MI

MLS Schools

  • School District: Royal Oak Neighborhood Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2017
Sold by
Kunju Ravi and Darivemula Siva
Bought by
Darkun Llp
Total Days on Market
75
Current Estimated Value
$450,488

Purchase Details

Listed on
Oct 5, 2015
Closed on
Feb 26, 2016
Sold by
Miti Enterprises Llc
Bought by
Darivemula Siva and Kunju Ravi
Seller's Agent
Julie Papagni
Keller Williams Paint Creek
Buyer's Agent
Guest User
Greg Bagnik
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%

Purchase Details

Closed on
Jan 6, 2015
Sold by
Woll Peter and Woll Rachel
Bought by
Miti Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.94%

Purchase Details

Closed on
Jan 23, 2001
Sold by
Peludat Ronald J
Bought by
Woll Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.95%

Purchase Details

Closed on
Jan 23, 1996
Sold by
Peludat Ronald J
Bought by
Peludat Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.19%
Source: Public Records

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Range of Values:

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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
Darkun Llp -- None Available
Darivemula Siva $290,000 Liberty Title
Miti Enterprises Llc -- First American Title Ins Co
Woll Peter $235,000 --
Peludat Ronald J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miti Enterprises Llc $330,000
Previous Owner Woll Peter $188,000
Previous Owner Peludat Ronald J $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2016 02/01/16 Sold $290,000 -3.3% $151 / Sq Ft
12/19/2015 12/19/15 Pending -- -- --
10/05/2015 10/05/15 For Sale $299,900 -- $156 / Sq Ft
Source: Michigan Multiple Listing Service

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 $8,465 $176,100 $0 $0
2022 $9,452 $164,480 $0 $0
2020 $8,315 $158,740 $0 $0
2018 $9,452 $153,550 $0 $0
2017 $8,936 $153,550 $0 $0
2015 -- $127,960 $0 $0
2014 -- $69,310 $0 $0
2011 -- $65,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Julie Papagni

    Seller's Agent in 2016

    Julie Papagni

    Keller Williams Paint Creek

    (248) 707-0998

    13 Total Sales

    Section Image

  • G

    Buyer's Agent in 2016

    Guest User

    Greg Bagnik

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31265489

Michigan Multiple Listing Service

APN: 25-22-107-003

Michigan Oakland County Royal Oak 48067

312 E 3rd St, Royal Oak, MI

This home is located at 312 E 3rd St, Royal Oak, MI 48067 since 05 October 2015 and is currently estimated at $450,488, approximately $234 per square foot. This property was built in 1918. 312 E 3rd St is a home located in Oakland County with nearby schools including Keller Elementary, 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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