NOT LISTED FOR SALE

4007 Albert Ave Royal Oak, MI 48073

Estimated Value: $352,000 - $389,000

4 Beds
2.5 Baths
1,092 Sq Ft
$337/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $330,000 $302 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,302/month

6 Days on Market

Highlights

  • Ranch Style House
  • Ground Level Unit
  • 2 Car Detached Garage
  • Royal Oak High School Rated A-
  • No HOA
  • 4-minute walk to Pattengill Playground & Ballfield

About This Home

As of January 2024

Newly renovated Royal Oak Ranch minutes from great shopping and restaurants. The renovations include vinyl plank flooring in the kitchen with new appliances, cabinets, and countertops. The basement offers a large living space with fire place, full bath, and an additional bedroom.

Last Agent to Sell the Property

Andrea Stephan

The Stephan Group License #6502432679 Listed on: 12/08/2023

Last Buyer's Agent

Jennifer Hemstrom

Thrive Realty Company License #6501401209

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1957 | Remodeled in 2023

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 135

Parking

  • 2 Car Detached Garage

Home Design

  • 1,092 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Ground Level Unit

Utilities

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

Additional Features

  • Finished Basement

Community Details

  • No Home Owners Association
  • Albert Avenue Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2507178009
  • $9,900 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,321

Year Built

Built in 1957 | Remodeled in 2023

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 188.00
  • Year Built: 1957
  • State Equalized Value: 114220.0000
  • Year Renovated: 2023
  • Entry Location: Ground Level
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Total Sq Ft: 1092

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.15
  • Lot Dimensions: 50 X 135
  • Parcel Number: 2507178009

Tax Info

  • Tax Amount Summer: 5562.0000
  • Tax Amount Winter: 759.0000
  • Total Tax: 6321.0000
  • Taxable Value: 114220.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Jan 12, 2024
Sold by
Adeyemo Adewunmi and Adeyemo Temitayo
Bought by
Chunn Lauren and Saclayan Alexander-Jason
Seller's Agent
Andrea Stephan
The Stephan Group
Buyer's Agent
Jennifer Hemstrom
Thrive Realty Company
List Price
$330,000
Sold Price
$330,000
Views
76
Current Estimated Value
$368,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,145
Avg. Annual Appreciation
5.17%

Purchase Details

Listed on
Nov 4, 2021
Closed on
Jan 6, 2022
Sold by
Richardson Laurie D
Bought by
Ritdeyemo Adewumni and Adeyemo Temitayo
Seller's Agent
James Tuomikoski
Real Estate One-WB/FH
Buyer's Agent
Jeremy Rhodes
Cornerstone Real Estate
List Price
$249,900
Sold Price
$231,000
Premium/Discount to List
-$18,900
-7.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.42%

Purchase Details

Closed on
Jul 7, 2006
Sold by
Rac Closing Services Llc
Bought by
Smith Laurie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,296
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 2006
Sold by
Winchell Darrell O and Winchell Migdalia
Bought by
Rac Closing Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,296
Interest Rate
6.73%
Mortgage Type
FHA
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
Chunn Lauren $330,000 Liberty Title
Ritdeyemo Adewumni $231,000 Capital Title
Smith Laurie D $175,000 None Available
Rac Closing Services Llc $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Laurie D $172,296
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2024 01/12/24 Sold $330,000 0.0% $302 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
12/08/2023 12/08/23 For Sale $330,000 +42.9% $302 / Sq Ft
01/07/2022 01/07/22 Sold $231,000 -7.6% $198 / Sq Ft View Prior Sale
12/01/2021 12/01/21 Pending -- -- --
11/28/2021 11/28/21 For Sale $249,900 0.0% $215 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $249,900 -- $215 / 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 $4,630 $146,090 $0 $0
2024 $3,525 $134,290 $0 $0
2022 $4,851 $105,850 $0 $0
2020 $5,562 $97,630 $0 $0
2018 $4,851 $88,040 $0 $0
2017 $4,405 $88,040 $0 $0
2015 -- $82,610 $0 $0
2014 -- $80,580 $0 $0
2011 -- $74,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230102401

Realcomp

APN: 25-07-178-009

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