NOT LISTED FOR SALE

318 Oak St Rochester, MI 48307

Estimated Value: $549,000 - $604,000

3 Beds
2 Baths
1,950 Sq Ft
$296/Sq Ft Est. Value

Last Sold June 21, 2022

Last sale price $450,000 $231 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,005/month

18 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • No HOA
  • McGregor Elementary School Rated A-
  • Ground Level Unit
  • 5-minute walk to Elizabeth Park

About This Home

As of June 2022

Don't miss out on this beautiful home on the best street to live on, in the heart of Downtown Rochester! Features an open concept floor plan, hardwood floors throughout, a first-floor master with a newly renovated bathroom, a natural fireplace in the vast family room, and more. The bright, updated kitchen features vaulted ceilings, skylights, a walkout kitchen (great for entertaining), and a large closet with first-floor laundry. The spacious airy bedrooms and recently renovated upstairs bathroom and a quiet sitting area bring it all together. The whole house is drenched in natural light with freshly painted neutral colors throughout. The deck and large, fenced-in backyard are perfect for entertaining friends and family. Just a few blocks from downtown and a leisurely stroll to Rochester Municipal Park this home makes downtown living truly accessible. You need to see this home to appreciate the charm and ambiance it offers.

Last Agent to Sell the Property

Kevin Stewart

Stewart Team R E Partners Inc License #6506048651 Listed on: 05/21/2022

Last Buyer's Agent

Kevin Stewart

Stewart Team R E Partners Inc License #6506048651 Listed on: 05/21/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1901 | Remodeled in 2022

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 59.00x119.00
  • Fenced

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,950 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Suprvr's Plat No 4 Vlg Of Roch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1515230007

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,638

Year Built

Built in 1901 | Remodeled in 2022

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1901
  • State Equalized Value: 201340.0000
  • Year Renovated: 2022
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Oven, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 1950

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement, Michigan Basement
  • Construction Materials: Stone, Vinyl
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Stone
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved
  • Sideof Street: E
  • Fencing: Fenced

Garage/Parking

  • Garage Size: No Garage

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

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.16
  • Lot Dimensions: 59.00X119.00
  • Parcel Number: 1515230007

Tax Info

  • Tax Amount Summer: 4285.0000
  • Tax Amount Winter: 353.0000
  • Total Tax: 4638.0000
  • Taxable Value: 145660.0000

MLS Schools

  • School District: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
Jun 21, 2022
Sold by
Miller and Alejandra
Bought by
Morelock Garrett
Seller's Agent
Kevin Stewart
Stewart Team R E Partners Inc
Buyer's Agent
Kevin Stewart
Stewart Team R E Partners Inc
List Price
$500,000
Sold Price
$450,000
Premium/Discount to List
-$50,000
-10%
Current Estimated Value
$576,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,807
Avg. Annual Appreciation
6.83%

Purchase Details

Listed on
Apr 16, 2013
Closed on
Jun 28, 2013
Sold by
Utley Edward S and Utley Kimberly R
Bought by
Miller David and Correa Alejandra
Seller's Agent
Kevin Stewart
Re/Max Defined
Buyer's Agent
Susan Jaracz
BHHS Michigan Real Estate Great Lakes
List Price
$300,000
Sold Price
$310,000
Premium/Discount to List
$10,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%

Purchase Details

Closed on
Sep 10, 2001
Sold by
Constable Katherine L
Bought by
Utley Edward S

Purchase Details

Closed on
May 15, 2000
Sold by
Mcgee William J
Bought by
Constable Simon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
8.31%

Purchase Details

Closed on
Mar 11, 1997
Sold by
Repetti Leo J
Bought by
Mcgee William J

Purchase Details

Closed on
Sep 8, 1994
Sold by
Cardone Reggie
Bought by
Repetti Leo J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
8.6%
Mortgage Type
New Conventional
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
Morelock Garrett $450,000 Sterling Title Agency
Miller David $310,000 Sterling Title Agency
Utley Edward S $228,000 --
Constable Simon J $210,000 --
Mcgee William J $172,000 --
Repetti Leo J $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Constable Simon J $168,000
Previous Owner Repetti Leo J $121,500
Closed Utley Edward S --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2022 06/21/22 Sold $450,000 -5.1% $231 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
05/31/2022 05/31/22 Price Changed $474,300 -5.1% $243 / Sq Ft
05/21/2022 05/21/22 For Sale $500,000 +61.3% $256 / Sq Ft
06/28/2013 06/28/13 Sold $310,000 +3.3% $159 / Sq Ft View Prior Sale
04/22/2013 04/22/13 Pending -- -- --
04/16/2013 04/16/13 For Sale $300,000 -- $154 / 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 $11,656 $239,170 $0 $0
2024 $8,753 $241,600 $0 $0
2023 $8,371 $217,610 $0 $0
2022 $4,937 $205,760 $0 $0
2021 $4,638 $201,340 $0 $0
2020 $4,355 $189,490 $0 $0
2019 $4,788 $183,220 $0 $0
2018 $4,781 $169,810 $0 $0
2017 $4,688 $169,490 $0 $0
2016 $4,539 $162,070 $0 $0
2015 -- $152,150 $0 $0
2014 -- $131,170 $0 $0
2011 -- $79,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220033677

Realcomp

APN: 15-15-230-007

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