NOT LISTED FOR SALE

316 S Edgeworth Ave Royal Oak, MI 48067

Estimated Value: $335,000 - $425,426

3 Beds
2.5 Baths
1,344 Sq Ft
$290/Sq Ft Est. Value

Last Sold June 19, 2024

Last sale price $430,000 $320 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,409/month

2 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Ceiling Fan
  • 2.5 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2024

This fabulous 1,344 sqft bungalow is everything you’ve been looking for in Royal Oak! The entire house has been beautifully redone between 2020 and 2021, the only thing left to do is move in! The main level features stunning hardwood flooring, a large and beautifully updated kitchen with custom Lafata cabinets, granite countertops, modern lighting, and SS appliances. The kitchen is conveniently open to the dining and living spaces giving the home a wonderful flow and a perfect layout for entertaining! Down the hall will lead you to the updated full bathroom and two roomy secondary bedrooms. On the main level you will also find an additional flex space off the back, perfect for a second living space, office, workout room, mud room, etc. which features another half bathroom and first floor laundry - such a rarity in Royal Oak!! Upstairs you will find the spacious primary bedroom with custom railing, walk-in closet, and primary full bathroom! The basement has been fully finished with another awesome living space and a bar area, plus a sizable gym area and two separate storage/mechanical rooms! Outside you will find the ample 2.5 car garage and generous yard complete with new sod, new driveway and very large new patio, perfect for all of your outdoor entertaining! Other updates include furnace, A/C, HWT, and roof! Excellent location with close proximity to downtown and easy expressway access, this is one you really won’t want to miss!

Last Agent to Sell the Property

Rachel Vavro

REALTEAM Real Estate License #6501412521 Listed on: 05/17/2024

REALTEAM Real Estate

Last Buyer's Agent

Dylan Tent

Signature Sotheby's International Realty Nvl License #6501393241

Signature Sotheby's International Realty Nvl

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 49x120

Parking

  • 2.5 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation

Interior Spaces

  • 1,344 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Finished Basement

Kitchen

  • Free-Standing Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Home Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2523104035

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,161

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1950
  • State Equalized Value: 112890.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Gas Oven, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 2094
  • Sq Ft Lower Floor: 750
  • Total Sq Ft: 1344
  • Sq Ft Total Bsmt: 1021

Exterior Features

  • Foundation Details: Basement
  • Foundation Materials: Block
  • Frontage Feet: 49
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • 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: 49x120
  • Parcel Number: 2523104035

Tax Info

  • Tax Amount Summer: 3211.0000
  • Tax Amount Winter: 950.0000
  • Total Tax: 4161.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Jun 19, 2024
Sold by
Kostich Ryan
Bought by
Ryan K Kostich Reyhcable Trust
Seller's Agent
Rachel Vavro
REALTEAM Real Estate
Buyer's Agent
Dylan Tent
Signature Sotheby's International Realty Nvl
List Price
$375,000
Sold Price
$430,000
Premium/Discount to List
$55,000
14.67%
Views
27
Current Estimated Value
$389,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,893
Avg. Annual Appreciation
-7.99%
Original Mortgage
$369,000
Outstanding Balance
$364,943
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$24,164

Purchase Details

Listed on
Jan 28, 2020
Closed on
Feb 28, 2020
Sold by
Gangadharan Maya
Bought by
Patrico Justin
Seller's Agent
Rachel Vavro
REALTEAM Real Estate
Buyer's Agent
Rachel Vavro
REALTEAM Real Estate
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.05%
Original Mortgage
$188,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2018
Sold by
Timothy J Whalen
Bought by
Pincura John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4.54%

Purchase Details

Closed on
Jan 7, 2005
Sold by
Gangadharan Maya and Graham Reavis L
Bought by
Gangadharan Maya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 31, 2001
Sold by
Gangadharan Maya
Bought by
Christensen Maya
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
Ryan K Kostich Reyhcable Trust -- None Listed On Document
Kostich Ryan $430,000 None Listed On Document
Patrico Justin $235,000 Cislo Title Co
Pincura John $290,000 --
Gangadharan Maya -- American Titleworks
Gangadharan Maya -- American Titleworks
Christensen Maya -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kostich Ryan $369,000
Previous Owner Patrico Justin $188,000
Previous Owner Gangadharan Maya $157,000
Previous Owner Pincura John $232,000
Previous Owner Pincura John --
Previous Owner Gangadharan Maya $25,800
Previous Owner Gangadharan Maya $143,000
Previous Owner Gangadharan Maya $30,000
Previous Owner Gangadharan Maya $160,800
Previous Owner Christensen Maya $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2024 06/19/24 Sold $430,000 +14.7% $320 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $375,000 +59.6% $279 / Sq Ft
02/28/2020 02/28/20 Sold $235,000 0.0% $188 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $235,000 -- $188 / 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 $3,521 $126,290 $0 $0
2022 $4,161 $112,890 $0 $0
2020 $3,422 $100,870 $0 $0
2018 $4,161 $82,720 $0 $0
2017 $2,767 $82,720 $0 $0
2015 -- $75,650 $0 $0
2014 -- $69,970 $0 $0
2011 -- $62,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240032238

Realcomp

APN: 25-23-104-035