NOT LISTED FOR SALE

3157 Merrill Ave Royal Oak, MI 48073

Royal Oak Area

Estimated Value: $356,000 - $386,558

3 Beds
1 Bath
1,125 Sq Ft
$328/Sq Ft Est. Value

Sale Details

Date Sold: March 5, 2024

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

Est. 10% increase in value since last sale

Current estimated payment $2,363 / mo

9 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Heating system powered by renewable energy
  • Royal Oak High School Rated A-
  • 1 Car Detached Garage

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

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

6,970 Sq Ft Lot

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

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Total Sq Ft: 1125

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • 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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2024
Closed on
Mar 5, 2024
Sold by
Bought by
Seller's Agent
Andrea Stephan
The Stephan Group
List Price
$330,000
Sold Price
$335,000
Premium/Discount to List
$5,000
1.52%
Views
43
Current Estimated Value
$368,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,640
Avg. Annual Appreciation
4.14%
Original Mortgage
$313,500
Outstanding Balance
$305,173
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$63,467

Purchase Details

Closed on
Jul 25, 2022
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Dec 14, 2005
Sold by
Bought by

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
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$335,000 Liberty Title
$290,000 None Listed On Document
-- None Available
$185,500 Clinton Valley Title Company
$160,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $313,500
Previous Owner $246,500
Previous Owner $115,500
Previous Owner $163,000
Previous Owner $185,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,242 $145,360 $0 $0
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

  • A

    Seller's Agent in 2024

    Andrea Stephan

    The Stephan Group

    (586) 216-6990

    61 Total Sales

    Andrea Stephan
    Section Image
  • Jerome Alexander

    Buyer's Agent in 2023

    Jerome Alexander

    KW Domain

    (248) 590-0800

    34 Total Sales

    Jerome Alexander
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240002701

Realcomp

APN: 25-07-277-006

Michigan Oakland County Royal Oak 48073

3157 Merrill Ave, Royal Oak, MI

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
Copyright 2026 Realcomp II Ltd. Shareholders
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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.