NOT LISTED FOR SALE

3714 Hunter Ave Royal Oak, MI 48073

Estimated Value: $388,252 - $495,000

6 Beds
3 Baths
2,049 Sq Ft
$210/Sq Ft Est. Value

Last Sold November 07, 2012

Last sale price $165,000 $81 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $2,728/month

24 Days on Market

Highlights

  • Porch
  • 1-Story Property
  • Laundry Facilities
  • Royal Oak High School Rated A-
  • Baseboard Heating
  • 3-minute walk to Gunn-Dyer Park

About This Home

As of November 2012

GREAT LOCATION FOR INCOME BEARING THREE UNIT BUILDING, NEWER WINDOWS, ROOF, SEPERATE GAS & ELECTRICITY, EACH UNIT HAS STOVE, REFRIGERATOR, WASHER & DRYER, PARKING PACES ON PROPERTY, EACH UNIT ONE BEDROOM ONE BATH, ALL UNITS RENTED, NO LEASES IN PLACE

Last Agent to Sell the Property

Lynne Waldorf

Howard Hanna Birmingham License #6501127970 Listed on: 10/02/2012

Howard Hanna Birmingham

Last Buyer's Agent

Gustave Rissman

Howard Hanna Franklin License #6501240714

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 50x50x145x145

Home Design

  • Triplex
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 2,049 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2506426028

Community Details

Overview

  • 3 Units
  • North Park On Woodward Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Triplex
  • Architecture Level: 1 Story
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Laundry Facility
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Total Sq Ft: 2049

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Exterior Features: Lighting
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Assigned Spaces
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Lot Info

  • Lot Dimensions: 50X50X145X145
  • Parcel Number: 2506426028
  • Zoning: Residential
  • Homestead Percent: 0 Percent

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Snow Removal, Water/Sewer, Yard Maintenance
  • Monthly Rental Income: 2100

Tax Info

  • Tax Amount Summer: 4578.0000
  • Tax Amount Winter: 103.0000
  • Total Tax: 4681.0000

Multi Family

  • Gross Scheduled Income: 25200.00
  • Number Of Units Total: 3

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2012
Closed on
Nov 7, 2012
Sold by
Hunter Homes Properties Llc and Dickinson Alan R
Bought by
Vasilovski Slave and Vasilovski Lenka
Seller's Agent
Lynne Waldorf
Howard Hanna Birmingham
Buyer's Agent
Gustave Rissman
Howard Hanna Franklin
List Price
$185,000
Sold Price
$165,000
Premium/Discount to List
-$20,000
-10.81%
Current Estimated Value
$429,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,813
Avg. Annual Appreciation
7.42%

Purchase Details

Closed on
Oct 28, 2011
Sold by
Dickinson Alan R and Dickinson Barbara A
Bought by
Hunter Homes Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,500
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2008
Sold by
Hunter Homes Properties Llc
Bought by
Dickinson Alan R and Dickinson Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2008
Sold by
Dickinson Alan R and Dickinson Barbara A
Bought by
Hunter Homes Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2005
Sold by
Dickinson Alan and Dickinson Barbara
Bought by
Hunter Homes Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 15, 2005
Sold by
Kerr Gary R and Kerr Barbara A
Bought by
Dickinson Alan and Dickinson Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac
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 Buyer Sale Price Title Company
Vasilovski Slave $165,000 Franklin Title Agency Llc
Hunter Homes Properties Llc -- None Available
Dickinson Alan R -- None Available
Dickinson Alan R -- None Available
Hunter Homes Properties Llc -- None Available
Hunter Homes Properties Llc -- Metropolitan Title Company
Dickinson Alan $265,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dickinson Alan R $138,500
Previous Owner Dickinson Alan R $143,500
Previous Owner Dickinson Alan $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2012 11/07/12 Sold $165,000 -10.8% $81 / Sq Ft
10/26/2012 10/26/12 Pending -- -- --
10/02/2012 10/02/12 For Sale $185,000 -- $90 / 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 $5,615 $147,150 $0 $0
2024 $4,685 $138,140 $0 $0
2022 $5,109 $124,270 $0 $0
2020 $4,519 $105,870 $0 $0
2018 $5,109 $96,340 $0 $0
2017 $4,640 $96,340 $0 $0
2015 -- $86,250 $0 $0
2014 -- $82,280 $0 $0
2011 -- $89,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212102011

Realcomp

APN: 25-06-426-028

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