NOT LISTED FOR SALE

316 S Maple Ave Royal Oak, MI 48067

Estimated Value: $332,396 - $381,000

3 Beds
2 Baths
1,434 Sq Ft
$250/Sq Ft Est. Value

Last Sold June 08, 2018

Last sale price $258,000 $180 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,271/month

7 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Forced Air Heating System
  • Baseboard Heating
  • Northwood Elementary School Rated A-

About This Home

As of June 2018

MULTIPLE OFFERS ~ HIGHEST AND BEST DUE BY THIS SUNDAY AT 5PM. Attn Investors!!! LOCATION LOCATION LOCATION Downtown Royal Oak Duplex Beautiful First Floor with Many Updates including renovated fireplace. Lower Unit Available for you to Live In or Rent ~ expected rental $1200/month. Spacious Upper Unit Currently Rented at $1050/month on a Month to Month. New Stainless Steel Appliances in both kitchens - 2 New Hot Water Heaters, updates in both units. See This Before It's Gone! Showings for first floor only.

Last Agent to Sell the Property

Russell Franchi

Griffon Realty License #6501354896 Listed on: 05/03/2018

Griffon Realty

Last Buyer's Agent

Laura Toms

Century 21 Affiliated License #6502422265

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1923 | Remodeled in 1999

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30x114.5

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,434 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Meadow Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2521206008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,636

Year Built

Built in 1923 | Remodeled in 1999

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1923
  • Year Renovated: 1999
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common, Unfinished
  • Total Sq Ft: 1434

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Porch Type: Porch - Enclosed
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Baseboard, Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric, Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 3112500.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 30X114.5
  • Parcel Number: 2521206008
  • Encroachment: Yes
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 2250

Tax Info

  • Tax Amount Summer: 3232.0000
  • Tax Amount Winter: 404.0000
  • Total Tax: 3636.0000

Multi Family

  • Gross Scheduled Income: 27000.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2024
Sold by
Sarpolis Andrew
Bought by
Wolfe Noah M and Wolfe Jacob W
Current Estimated Value
$359,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,750
Outstanding Balance
$280,351
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$78,749

Purchase Details

Closed on
Jun 18, 2024
Sold by
Sarpolis Kevin and Sarpolis Nancy
Bought by
Sarpolis Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,750
Outstanding Balance
$280,351
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$78,749

Purchase Details

Closed on
Feb 25, 2023
Sold by
Kevin Sorpolis
Bought by
Sorpolis Andrew

Purchase Details

Listed on
May 3, 2018
Closed on
Jun 8, 2018
Sold by
Sanchez Paul
Bought by
Sarpolis Kevin and Sarpolis Nancy
Seller's Agent
Russell Franchi
Griffon Realty
Buyer's Agent
Laura Toms
Century 21 Affiliated
List Price
$239,000
Sold Price
$258,000
Premium/Discount to List
$19,000
7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$206,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2016
Closed on
Jul 1, 2016
Sold by
Premier Residential
Bought by
Sanchez Paul
Seller's Agent
James Silver
Keller Williams Somerset
Buyer's Agent
Russell Franchi
Exp Realty
List Price
$209,900
Sold Price
$204,000
Premium/Discount to List
-$5,900
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.59%
Original Mortgage
$200,305
Interest Rate
3.48%

Purchase Details

Closed on
Jan 5, 2002
Sold by
Kahan David and Kahan Theresa
Bought by
Premier Residential Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wolfe Noah M $335,000 None Listed On Document
Sarpolis Andrew -- None Listed On Document
Sorpolis Andrew -- --
Sarpolis Kevin $258,000 Bell Title Agency
Sanchez Paul -- --
Premier Residential Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolfe Noah M $284,750
Previous Owner Sarpolis Kevin $206,400
Previous Owner Sanchez Paul $200,305
Previous Owner Sanchez Paul --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2018 06/08/18 Sold $258,000 +7.9% $180 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $239,000 +17.2% $167 / Sq Ft
06/17/2016 06/17/16 Sold $204,000 -2.8% $165 / Sq Ft View Prior Sale
03/06/2016 03/06/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $209,900 -- $170 / Sq Ft
Source: Realcomp

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
2025 $4,581 $135,470 $0 $0
2024 $3,625 $126,380 $0 $0
2022 $4,128 $116,090 $0 $0
2020 $3,510 $101,050 $0 $0
2018 $4,128 $79,410 $0 $0
2017 $3,876 $79,410 $0 $0
2015 -- $61,630 $0 $0
2014 -- $55,230 $0 $0
2011 -- $66,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Russell Franchi

    Griffon Realty

    Section Image
  • Laura Toms

    Buyer's Agent in 2018

    Laura Toms

    Century 21 Affiliated

    (517) 294-0358

    108 Total Sales

    Laura Toms
    Section Image
  • James Silver

    Seller's Agent in 2016

    James Silver

    Keller Williams Somerset

    (248) 417-9617

    7 in this area

    327 Total Sales

    James Silver
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 218034273

Realcomp

APN: 25-21-206-008

Michigan Oakland County Royal Oak 48067

316 S Maple Ave, Royal Oak, MI

Not Listed for Sale

MultiFamily

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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

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