NOT LISTED FOR SALE

349 W Lincoln Ave Unit 2 Royal Oak, MI 48067

Estimated Value: $248,000 - $279,000

2 Beds
1.5 Baths
975 Sq Ft
$200/mo HOA Fee

Last Sold July 22, 2024

Last sale price $245,000 $251 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,895/month

2 Days on Market

Highlights

  • Patio
  • Northwood Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

***All Offers Due: Sunday, 16, 2024 at 6:00pm***Highly desirable downtown Royal Oak condo places you in the heart of the action, with restaurants, bars, the Farmer's Market, movie theater, gym, and coffee shops just steps away. Step inside to a gorgeous living room that seamlessly flows into a designated dining space. Charming kitchen with granite countertops and ample cabinet space. The main floor also features a renovated powder room and beautiful hardwood flooring throughout. Upstairs, you'll find two large bedrooms and a full bathroom. The newly refinished basement, boasting wood laminate floors, is perfect for a home gym, office, and extra storage space. Enjoy your private front patio and the convenience of two assigned parking spaces plus ample street parking. Welcome Home!

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 06/14/2024

Good Company

Last Buyer's Agent

Teresa Rousos

License #6501284234

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1967

Lot Details

  • 2,178

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 975 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2521426014

Community Details

Overview

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

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,065

Year Built

Built in 1967

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Condominium
  • Architecture Level: 2 Story
  • Year Built: 1967
  • State Equalized Value: 106190.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Oven, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 1375
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 975
  • Sq Ft Total Bsmt: 450

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Porch Type: Patio
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: 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 Frequency: Monthly
  • Phone: 248-758-8910
  • Association Fee: 200
  • Association Contact: Kimberly Mosey / KC Property Services LLC
  • Association Fee: Yes

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Parcel Number: 2521426014

Tax Info

  • Tax Amount Summer: 3137.0000
  • Tax Amount Winter: 928.0000
  • Total Tax: 4065.0000
  • Taxable Value: 104960.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Jul 22, 2024
Sold by
Golba Adam
Bought by
Rousos Skye and Rousos Sloan
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Teresa Rousos
List Price
$240,000
Sold Price
$245,000
Premium/Discount to List
$5,000
2.08%
Views
33
Current Estimated Value
$260,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,244
Avg. Annual Appreciation
6.25%
Original Mortgage
$150,000
Outstanding Balance
$148,986
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$112,278

Purchase Details

Listed on
Jun 24, 2021
Closed on
Aug 25, 2021
Sold by
Berg Jonathan B
Bought by
Golba Adam
Seller's Agent
John Delia
Keller Williams Paint Creek
Buyer's Agent
TJ Francisco
Real Estate One-Sterling Heights
List Price
$234,900
Sold Price
$210,000
Premium/Discount to List
-$24,900
-10.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$194,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2017
Closed on
Sep 7, 2017
Sold by
Wider Michael D and Wider Margaret A
Bought by
Berg Jonathan B
Seller's Agent
Erin Fritz
Clients First, REALTORS®
Buyer's Agent
John Delia
KW Metro
List Price
$200,000
Sold Price
$195,000
Premium/Discount to List
-$5,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.88%
Original Mortgage
$188,775
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2010
Sold by
Oreilly Brian Patrick and Oreilly Julia
Bought by
Wider Michael D and Wider Margaret H

Purchase Details

Closed on
Oct 1, 2002
Sold by
Ruks Ron
Bought by
O'Reilly Brian P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,920
Interest Rate
6.13%

Purchase Details

Closed on
Oct 5, 1995
Sold by
Nixon John
Bought by
Ruks Ron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
7.65%
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
Rousos Skye $245,000 None Listed On Document
Golba Adam $210,000 None Available
Berg Jonathan B $195,000 Reputation First Title Agenc
Wider Michael D $113,500 Stewart Title
O'Reilly Brian P $149,900 --
Ruks Ron $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rousos Skye $150,000
Previous Owner Golba Adam J $194,750
Previous Owner Berg Jonathan B $181,500
Previous Owner Mehta Berg Jonathan B $186,500
Previous Owner Berg Jonathan B $188,775
Previous Owner Oreilly Brian Patrick $119,000
Previous Owner O'Reilly Brian P $119,920
Previous Owner Ruks Ron $71,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold $245,000 +2.1% $251 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $240,000 +14.3% $246 / Sq Ft
08/25/2021 08/25/21 Sold $210,000 0.0% $219 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/12/2021 07/12/21 Off Market $210,000 -- --
07/08/2021 07/08/21 Price Changed $225,000 -4.2% $234 / Sq Ft
06/24/2021 06/24/21 For Sale $234,900 +20.5% $244 / Sq Ft
09/07/2017 09/07/17 Sold $195,000 -2.5% $203 / Sq Ft
08/14/2017 08/14/17 Pending -- -- --
07/14/2017 07/14/17 For Sale $200,000 -- $208 / 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 $3,239 $110,400 $0 $0
2022 $4,065 $106,190 $0 $0
2020 $3,147 $99,290 $0 $0
2018 $4,065 $83,340 $0 $0
2017 $3,479 $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

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Map

Source: Realcomp

MLS Number: 20240039646

Realcomp

APN: 25-21-426-014