$259,900
SOLD FEB 3, 2025

345 W Lincoln Ave Royal Oak, MI 48067

2 Beds
1.5 Baths
961 Sq Ft
$287/mo HOA Fee

Recently Sold

$270 Per Sq Ft

19 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • Cats Allowed
  • Northwood Elementary School Rated A-
  • Private Entrance

About This Home

As of February 2025

Downtown Royal Oak Living at Its Best!

Welcome to this highly desirable 2-bedroom condo in the vibrant heart of downtown Royal Oak! Surrounded by an array of restaurants, bars, the Farmer's Market, a movie theater, gym, and cozy coffee shops, this prime location puts you steps away from all the action.

Inside, the living room effortlessly flows into a designated dining area, creating a warm and inviting atmosphere. The charming kitchen boasts a brand-new induction stove and microwave, paired with ample cabinet space. The main floor is enhanced by beautiful laminate flooring, a powder room, and fresh paint throughout, complemented by custom blinds.

Upstairs, you'll find two generously sized bedrooms and a stylish full bathroom. The partially finished basement offers flexibility, perfect for a home office, gym, or entertainment space, with a dedicated workshop, laundry, and storage area.

Relax on your private front patio and enjoy the convenience of two assigned parking spaces plus plenty of street parking. With an updated HVAC system and hot water tank (new in 2018), this home is move-in ready and waiting for you!

Last Agent to Sell the Property

Lynne Gebski

EXP Realty Main License #6501391970 Listed on: 12/16/2024

EXP Realty Main

Last Buyer's Agent

Julian Llera

Realty Executives Home Towne Shelby License #6506047114

Realty Executives Home Towne Shelby

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1967

HOA Fees

  • $287 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 961 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Partially Finished Basement

Kitchen

  • Free-Standing Electric Oven
  • Induction Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System

Additional Features

  • Exterior Lighting
  • Private Entrance
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2521426015
  • $5,500 Seller Concession

Community Details

Overview

  • Kimberly Mosey / Kc Property Services Llc Association, Phone Number (248) 758-8910
  • Lincoln Townhouse Occpn 5 Subdivision

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,951

Year Built

Built in 1967

Lot Details

0

HOA Fees

$287 per month

Listing Details

  • Property Type: Condominium
  • Architecture Level: 2 Story
  • Year Built: 1967
  • State Equalized Value: 110400.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Call, Cats OK
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Induction Cooktop, Dishwasher, Dryer, Free-Standing Electric Oven, Free-Standing Refrigerator, Microwave, Washer
  • Total Sq Ft: 961

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting, Private Entry
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Grounds, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: 248-758-8910
  • Association Fee: 287
  • Association Contact: Kimberly Mosey / KC Property Services LLC
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • Parcel Number: 2521426015

Tax Info

  • Tax Amount Summer: 1520.0000
  • Tax Amount Winter: 431.0000
  • Total Tax: 1951.0000
  • Taxable Value: 51730.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2024
Closed on
Feb 3, 2025
Sold by
Banas Scott A
Bought by
Alvarez Victoria
Seller's Agent
Lynne Gebski
EXP Realty Main
Buyer's Agent
Julian Llera
Realty Executives Home Towne Shelby
List Price
$259,900
Sold Price
$259,900
Views
87
Current Estimated Value
$266,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,829
Avg. Annual Appreciation
3.14%
Original Mortgage
$252,103
Outstanding Balance
$250,587
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$16,142

Purchase Details

Closed on
Aug 11, 2023
Sold by
Tobin Polly L
Bought by
Banas Scott A

Purchase Details

Closed on
Dec 11, 1998
Sold by
Burch Carolyn A
Bought by
Burch Carolyn A

Purchase Details

Closed on
Sep 7, 1995
Sold by
Banas Thomas P
Bought by
Burch Carolyn A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $259,900 Liberty Title
Warranty Deed $259,900 Liberty Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $252,103 New Conventional
Closed $252,103 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2025 02/03/25 Sold $259,900 +2.0% $270 / Sq Ft
01/05/2025 01/05/25 Pending -- -- --
12/28/2024 12/28/24 Price Changed $254,900 -1.9% $265 / Sq Ft
12/16/2024 12/16/24 For Sale $259,900 -- $270 / 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 $1,520 $110,400 $0 $0
2022 $1,797 $106,190 $0 $0
2020 $1,477 $99,290 $0 $0
2018 $1,797 $83,340 $0 $0
2017 $2,381 $83,340 $0 $0
2015 -- $70,180 $0 $0
2014 -- $59,820 $0 $0
2011 -- $59,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynne Gebski

    Seller's Agent in 2025

    Lynne Gebski

    EXP Realty Main

    (248) 207-3446

    1 in this area

    173 Total Sales

    Lynne Gebski
    Section Image
  • Julian Llera

    Buyer's Agent in 2025

    Julian Llera

    Realty Executives

    (586) 855-0612

    1 in this area

    66 Total Sales

    Julian Llera
    Section Image
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Map

Source: Realcomp

MLS Number: 20240092247

Realcomp

APN: 25-21-426-015

Michigan Oakland County Royal Oak 48067

345 W Lincoln Ave, Royal Oak, MI

Sold

Condos

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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

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