NOT LISTED FOR SALE

402 Rhode Island Ave Royal Oak, MI 48067

Estimated Value: $333,734 - $385,000

3 Beds
1 Bath
1,212 Sq Ft
$304/Sq Ft Est. Value

Last Sold March 17, 2016

Last sale price $209,500 $173 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,298/month

14 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Ceiling Fan
  • Porch
  • Forced Air Heating and Cooling System
  • 2-minute walk to Wendland Park

About This Home

As of March 2016

Unique opportunity for this updated Royal Oak Bungalow with tons of curb appeal! This home truly has it all! A sought after open floor plan to accommodate hours of entertaining and family fun, a living room filled with natural light that pours in from the 2 oversized windows, an eye catching statement wall that is boasted by wainscoting which frames the fireplace and lastly, a galley kitchen adorned with granite countertops, tiled backsplash, built-in wine storage rack and plenty of cabinet space. Hardwood flooring and current paint trends throughout this home afford you with the opportunity to move right in! Sound interesting? Call us today to schedule your private showing.

Last Agent to Sell the Property

Kimberly Nagy Street

EXP Realty Nagy Group License #6501265705 Listed on: 02/05/2016

Last Buyer's Agent

Paul Corona

KW Metro License #RCO-6501282335

KW Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x132.5

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,212 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Hannan & Webber's Sunset Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522358007
  • $6,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,748

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 1212
  • Total Sq Ft: 1212
  • Sq Ft Total Bsmt: 1009

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • List Price per Acre: 1400000.0000
  • Lot Size Area: 0.15
  • Lot Dimensions: 50X132.5
  • Parcel Number: 2522358007

Tax Info

  • Tax Amount Summer: 3216.0000
  • Tax Amount Winter: 532.0000
  • Total Tax: 3748.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2016
Closed on
Mar 17, 2016
Sold by
Bean Daniel E and Bean Dan
Bought by
Kehoe V James L
Seller's Agent
Kimberly Nagy Street
EXP Realty Nagy Group
Buyer's Agent
Paul Corona
KW Metro
List Price
$210,000
Sold Price
$209,500
Premium/Discount to List
-$500
-0.24%
Current Estimated Value
$367,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,434
Avg. Annual Appreciation
5.71%
Original Mortgage
$188,550
Outstanding Balance
$151,261
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$203,149

Purchase Details

Closed on
Jan 6, 2004
Sold by
Joslin Donna M and Joslin Leland Frank
Bought by
Bean Daniel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
4.62%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Kehoe V James L $209,500 None Available
Bean Daniel E $157,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kehoe V James L $188,550
Previous Owner Bean Daniel E $119,430
Previous Owner Bean Daniel E $123,950
Previous Owner Bean Daniel E $125,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2016 03/17/16 Sold $209,500 -0.2% $173 / Sq Ft
02/19/2016 02/19/16 Pending -- -- --
02/05/2016 02/05/16 For Sale $210,000 -- $173 / 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 $3,513 $134,060 $0 $0
2022 $4,150 $123,060 $0 $0
2020 $3,413 $111,330 $0 $0
2018 $4,150 $97,160 $0 $0
2017 $3,988 $97,160 $0 $0
2015 -- $74,040 $0 $0
2014 -- $68,300 $0 $0
2011 -- $63,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216011555

Realcomp

APN: 25-22-358-007