NOT LISTED FOR SALE

318 E University Ave Royal Oak, MI 48067

Estimated Value: $376,916 - $405,000

3 Beds
2 Baths
1,210 Sq Ft
$328/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $326,000 $269 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,502/month

5 Days on Market

Highlights

  • Craftsman Architecture
  • Deck
  • 1 Car Detached Garage
  • Royal Oak High School Rated 9+
  • No HOA
  • Shed

About This Home

As of October 2021

Fantastic 3 bedroom 2 bath Craftsman bungalow with beautiful extra deep lot. Located on a premiere street just steps away from parks and one block from downtown RO restaurants, movie theaters, shopping, etc. All 3 bedrooms have exceptionally large closets. Master can be on the first or second floor. New roof in 2018 with gutter guard. Home offers a covered front porch as well as a large back deck. Garage has attached shed that opens to the backyard. Exceptional value. This one won’t last long.

Last Agent to Sell the Property

Kristi Hamed

The Agency Hall & Hunter License #6501312688 Listed on: 09/13/2021

The Agency Hall & Hunter

Last Buyer's Agent

Margaret Moglia

Signature Sotheby's International Realty Bham License #RCO-6501380273

Signature Sotheby's International Realty Bham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1923

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 56.00x226.00
  • Fenced

Home Design

  • Craftsman Architecture
  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,210 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed
  • Rain Gutter Guard System

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Assr's Plat No 14 Royal Oak Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2515357006

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,444

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow, Craftsman
  • Architecture Level: 1 1/2 Story
  • Year Built: 1923
  • State Equalized Value: 127720.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1210
  • Total Sq Ft: 1210
  • Sq Ft Total Bsmt: 860

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Gutter Guard System, Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 56
  • Porch Type: Deck
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Electricity, Door Opener, Workshop, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.29
  • Lot Dimensions: 56.00X226.00
  • Parcel Number: 2515357006

Tax Info

  • Tax Amount Summer: 2686.0000
  • Tax Amount Winter: 758.0000
  • Total Tax: 3444.0000
  • Taxable Value: 83800.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Oct 27, 2021
Sold by
Joseph Erlich
Bought by
Mcloughlin Payton
Seller's Agent
Kristi Hamed
The Agency Hall & Hunter
Buyer's Agent
Margaret Moglia
Signature Sotheby's International Realty Bham
List Price
$329,000
Sold Price
$326,000
Premium/Discount to List
-$3,000
-0.91%
Current Estimated Value
$397,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,479
Avg. Annual Appreciation
5.16%

Purchase Details

Closed on
Jul 2, 2019
Sold by
Genesis Consulting Llc
Bought by
Erlich Joseph

Purchase Details

Closed on
Mar 12, 2002
Sold by
Elbert Andrew
Bought by
Genesis Consulting

Purchase Details

Closed on
May 25, 1999
Sold by
Russell John L
Bought by
Elbert Andrew
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Mcloughlin Payton $326,000 Equity Title
Erlich Joseph -- None Available
Genesis Consulting $175,000 --
Elbert Andrew $130,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2021 10/27/21 Sold $326,000 -0.9% $269 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $329,000 0.0% $272 / Sq Ft
03/07/2016 03/07/16 Rented $1,800 0.0% --
02/04/2016 02/04/16 Under Contract -- -- --
01/26/2016 01/26/16 For Rent $1,800 -- --
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 $4,736 $164,930 $0 $0
2022 $5,595 $146,160 $0 $0
2020 $4,958 $127,720 $0 $0
2018 $5,595 $110,950 $0 $0
2017 $4,451 $110,950 $0 $0
2015 -- $86,180 $0 $0
2014 -- $79,830 $0 $0
2011 -- $74,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kristi Hamed

    The Agency Hall & Hunter

    (248) 644-3500

    3 in this area

    19 Total Sales

    Kristi Hamed
    Section Image

  • M

    Buyer's Agent in 2021

    Margaret Moglia

    Signature Sotheby's International Realty Bham

    (248) 217-1417

    1 in this area

    11 Total Sales

    Margaret Moglia
    Section Image
  • Tom Gaunt

    Seller's Agent in 2016

    Tom Gaunt

    KW Showcase Realty

    (248) 767-6931

    158 Total Sales

    Tom Gaunt
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210076821

Realcomp

APN: 25-15-357-006

Michigan Oakland County Royal Oak 48067

318 E University Ave, Royal Oak, MI

This home is located at 318 E University Ave, Royal Oak, MI 48067 since 13 September 2021 and is currently estimated at $397,479, approximately $328 per square foot. This property was built in 1923. 318 E University Ave 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 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