NOT LISTED FOR SALE

318 Rhode Island Ave Royal Oak, MI 48067

Estimated Value: $285,000 - $452,936

2 Beds
1 Bath
800 Sq Ft
6,534 Sq Ft Lot

Highlights

  • Ranch Style House
  • Baseboard Heating
  • 2-minute walk to Wendland Park

About This Home

As of May 2017

Looking for a downtown Royal Oak lease? Look no further... this 2 bed, 1 bath property is walking distance to downtown, located just off of Main and South of Lincoln. Jump right onto I-696, giving you quick and easy access to all expressways. NO PETS ALLOWED NO EXCEPTIONS. On-site laundry facilities. Water, gas, and trash pick up are included.

Last Agent to Rent the Property

Mike Blake

Epique Inc. License #MISPE-6502432626 Listed on: 03/21/2017

Epique Inc.

Last Renter's Agent

Stacey Sheridan

Red Star Equities LLC License #RCO-6501381201

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,874

Year Built

  • Built in 1957

Lot Details

  • 6,534

Parking

  • Unassigned Parking

Home Design

  • 800 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Kitchen

  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Security Deposit $1,500
  • Rent includes water, 12 months, 24 months, 25 months or more
  • 12 Month Lease Term
  • Assessor Parcel Number 25-22-358-005

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,874

Year Built

Built in 1957

Lot Details

0

Rental Info

  • Lease: Yes
  • Lease Incl: Water, 12 Months, 24 Months, 25 Months or More
  • LeaseInfo: No Pets Allowed, 12 Months, 24 Months, 25 Months or More
  • Lease Range: 12 Months, 24 Months, 25 Months or More
  • Lease Terms: 12 Months, 24 Months, 25 Months or More
  • Security Deposit: 1500

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Ranch
  • Structure Style: Condo/Ranch 1st Flr
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Bedrooms: 2
  • Bedroom 1: On Entry Level, Dimensions: 10 x 10
  • Bedroom 2: On Entry Level, Dimensions: 10 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Dining Room: On Entry Level, Dimensions: 8 x 8
  • Kitchen: On Entry Level, Dimensions: 11 x 6
  • Living Room: On Entry Level, Dimensions: 18 x 12
  • Above Grade Finished Sq Ft: 800
  • Total Finished Sq Ft: 800

Exterior Features

  • Exterior: Aluminum, Brick
  • Foundation: Slab
  • Frontage: 50
  • Road: City/County, Paved Street

Garage/Parking

  • Parking: Unassigned/General

Utilities

  • Heating: Baseboard
  • Heating Fuel: Natural Gas
  • Sewer: Public At Street
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Wall/Window A/C

Lot Info

  • Assessor Parcel Number: 25-22-358-005
  • Lot Dimensions: 50x132
  • Acreage: 0.15
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2016, Amount: $4,186.00

MLS Schools

  • School District: Royal Oak Neighborhood Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2012
Sold by
Lanfear Brian Thomas and Lanfear Natasha
Bought by
Lanfear Brian Thomas
Current Estimated Value
$371,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Outstanding Balance
$82,438
Interest Rate
4.49%
Mortgage Type
New Conventional
Estimated Equity
$289,296

Purchase Details

Closed on
Dec 9, 2011
Sold by
Oakland County Treasurer
Bought by
Lanfear Brian

Purchase Details

Closed on
Jun 28, 2002
Sold by
Brian Kiley and Brian F
Bought by
Lanfear Brian T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,400
Interest Rate
6.79%
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
Lanfear Brian Thomas -- Servicelink
Lanfear Brian $1,749 None Available
Lanfear Brian T $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanfear Brian Thomas $139,000
Previous Owner Lanfear Brian Thomas $148,000
Previous Owner Lanfear Brian T $149,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2017 05/15/17 Rented $1,000 0.0% --
03/21/2017 03/21/17 For Rent $1,000 -- --
Source: Michigan Multiple Listing Service

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 $4,874 $168,140 $0 $0
2022 $5,315 $149,060 $0 $0
2020 $4,701 $129,710 $0 $0
2018 $5,315 $110,020 $0 $0
2017 $4,826 $110,020 $0 $0
2015 -- $94,790 $0 $0
2014 -- $82,970 $0 $0
2011 -- $97,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Blake

    Landlord's Agent in 2017

    Mike Blake

    Epique Inc.

    (586) 531-4964

    6 in this area

    289 Total Sales

    Mike Blake
    Section Image

  • S

    Tenant's Agent in 2017

    Stacey Sheridan

    Red Star Equities LLC

    (586) 879-9520

    7 Total Sales

    Stacey Sheridan
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31315189

Michigan Multiple Listing Service

APN: 25-22-358-005

Michigan Oakland County Royal Oak 48067

318 Rhode Island Ave, Royal Oak, MI

This home is located at 318 Rhode Island Ave, Royal Oak, MI 48067 since 21 March 2017 and is currently priced at $371,734. This property was built in 1957. 318 Rhode Island Ave is a home located in Oakland County with nearby schools including Oakland Elementary School, 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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