NOT LISTED FOR SALE

3157 Merrill Ave Royal Oak, MI 48073

Estimated Value: $338,000 - $378,000

3 Beds
1 Bath
1,125 Sq Ft
$323/Sq Ft Est. Value

Last Sold March 05, 2024

Last sale price $335,000 $298 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,298/month

9 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Heating system powered by renewable energy
  • No HOA

About This Home

As of March 2024

Charming Royal Oak Ranch minutes from great shopping and restaurants. The spacious living room offers a beautiful brick fireplace that leads into the gorgeous kitchen with stainless steel appliances, white cabinets, and built in breakfast nook. The three bedrooms with hardwood flooring and full bathroom are on the main level. Additional living space in the finished basement which includes the laundry room. The backyard has a gorgeous Trex deck and a fenced backyard which makes a great space for entertaining.

Last Agent to Sell the Property

Andrea Stephan

The Stephan Group License #6502432679 Listed on: 01/24/2024

Last Buyer's Agent

Ibtesam Haque

NPG Real Estate License #6501446293

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1961

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50.00 x 147.00

Parking

  • 1 Car Detached Garage

Home Design

  • 1,125 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Heating system powered by renewable energy
  • Heating System Uses Natural Gas

Additional Features

  • Finished Basement

Community Details

  • No Home Owners Association
  • Elaine Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2507277006
  • $10,050 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,971

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 290.00
  • Year Built: 1961
  • State Equalized Value: 126360.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 4
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 1925
  • Sq Ft Lower Floor: 800
  • Total Sq Ft: 1125
  • Sq Ft Total Bsmt: 1047

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: ENERGY STAR® Qualified Furnace Equipment
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Lot Size Area: 0.16
  • Lot Dimensions: 50.00 x 147.00
  • Parcel Number: 2507277006

Tax Info

  • Tax Amount Summer: 6234.0000
  • Tax Amount Winter: 737.0000
  • Total Tax: 6971.0000
  • Taxable Value: 126360.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2024
Closed on
Mar 5, 2024
Sold by
Adeyemo Adewunmi Oluyomi
Bought by
Sarwar Tahmid
Seller's Agent
Andrea Stephan
The Stephan Group
Buyer's Agent
Ibtesam Haque
NPG Real Estate
List Price
$330,000
Sold Price
$335,000
Premium/Discount to List
$5,000
1.52%
Views
43
Current Estimated Value
$363,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,464
Avg. Annual Appreciation
1.65%
Original Mortgage
$313,500
Outstanding Balance
$309,793
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$33,410

Purchase Details

Closed on
Jul 25, 2022
Sold by
Leshan Amy C
Bought by
Adeyemo Adewunmi Oluyomi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2013
Sold by
Leininger Christopher
Bought by
Leshan Amy C

Purchase Details

Closed on
Dec 14, 2005
Sold by
Mullett Jerome J and Mullett Dora J
Bought by
Leshan Amy C and Leininger Christopher E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,500
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2000
Sold by
Siler Mennis E
Bought by
Mullett Jerome J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.96%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sarwar Tahmid $335,000 Liberty Title
Adeyemo Adewunmi Oluyomi $290,000 None Listed On Document
Leshan Amy C -- None Available
Leshan Amy C $185,500 Clinton Valley Title Company
Mullett Jerome J $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarwar Tahmid $313,500
Previous Owner Adeyemo Adewunmi Oluyomi $246,500
Previous Owner Leshan Amy C $115,500
Previous Owner Leshan Amy C $163,000
Previous Owner Leshan Amy C $185,500
Previous Owner Mullett Jerome J $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2024 03/05/24 Sold $335,000 +1.5% $298 / Sq Ft
02/03/2024 02/03/24 Pending -- -- --
01/24/2024 01/24/24 For Sale $330,000 0.0% $293 / Sq Ft
09/11/2023 09/11/23 Rented $2,125 -7.6% --
09/11/2023 09/11/23 Under Contract -- -- --
08/30/2023 08/30/23 For Rent $2,300 -- --
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 $3,819 $129,940 $0 $0
2022 $3,229 $107,310 $0 $0
2020 $6,234 $94,820 $0 $0
2018 $3,229 $89,210 $0 $0
2017 $3,104 $89,210 $0 $0
2015 -- $77,220 $0 $0
2014 -- $75,380 $0 $0
2011 -- $72,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240002701

Realcomp

APN: 25-07-277-006