NOT LISTED FOR SALE

406 E 7th St Royal Oak, MI 48067

Estimated Value: $361,000 - $401,000

3 Beds
1.5 Baths
1,173 Sq Ft
$326/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $238,500 $203 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,615/month

4 Days on Market

Highlights

  • Deck
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • No HOA
  • Bungalow

About This Home

As of May 2019

Opportunity abounds with this magnificent, well-maintained Craftsman Bungalow on a rare 200-foot deep lot just steps from Downtown Royal Oak. The home offers a newer roof with an updated bathroom and newer windows. Hardwood floors and coved ceilings with doorway arches and beautiful wood casement windows nicely outline the main areas of the home. There are many charming architectural details reminiscent of a by-gone era including extensive use of oak wood, newer carpeting on the upper level; freshly painted. Newer double doors lead off to the relaxing deck in the backyard and an inviting covered porch for those long days of summer. There is a huge fenced in backyard and a lovely gas fireplace in the main living space. 1 year home warranty included.

Last Agent to Sell the Property

John Cotter

KW Domain License #6501337682 Listed on: 03/17/2019

KW Domain

Last Buyer's Agent

Randall Hambright

KW Metro License #RCO-6501383140

KW Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 50x203

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,173 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

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

Community Details

  • No Home Owners Association
  • Kayser's Add Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2522159003
  • $7,155 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,577

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Warranty: Yes
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1173
  • Total Sq Ft: 1173
  • Sq Ft Total Bsmt: 600

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Pub. Sidewalk

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: Electric
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1021739.1304
  • Lot Size Area: 0.23
  • Lot Dimensions: 50x203
  • Parcel Number: 2522159003

Tax Info

  • Tax Amount Summer: 2013.9600
  • Tax Amount Winter: 563.4000
  • Total Tax: 2577.3600

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2019
Closed on
May 15, 2019
Sold by
Bullington Kathleen M
Bought by
Matanovic Mark
Seller's Agent
John Cotter
KW Domain
Buyer's Agent
Randall Hambright
KW Metro
List Price
$235,000
Sold Price
$238,500
Premium/Discount to List
$3,500
1.49%
Total Days on Market
4
Current Estimated Value
$382,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,212
Avg. Annual Appreciation
8.41%
Original Mortgage
$226,575
Outstanding Balance
$202,075
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$186,260
Source: Public Records

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Range of Values:

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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
Matanovic Mark $238,500 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matanovic Mark $226,575
Previous Owner Bullington Kathleen M $49,000
Previous Owner Bullington Kathleen $56,600
Previous Owner Bullington Katheleen M $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2019 05/15/19 Sold $238,500 +1.5% $203 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
03/17/2019 03/17/19 For Sale $235,000 -- $200 / 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 $7,003 $173,300 $0 $0
2022 $7,103 $135,790 $0 $0
2020 $6,282 $121,430 $0 $0
2018 $7,103 $98,250 $0 $0
2017 $2,458 $98,250 $0 $0
2015 -- $80,310 $0 $0
2014 -- $74,510 $0 $0
2011 -- $70,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Cotter

    Seller's Agent in 2019

    John Cotter

    KW Domain

    (248) 662-8106

    8 in this area

    119 Total Sales

    John Cotter
    Section Image

  • R

    Buyer's Agent in 2019

    Randall Hambright

    KW Metro

    (248) 288-3500

    13 in this area

    53 Total Sales

    Randall Hambright
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 219019700

Realcomp

APN: 25-22-159-003

Michigan Oakland County Royal Oak 48067

406 E 7th St, Royal Oak, MI

This home is located at 406 E 7th St, Royal Oak, MI 48067 since 17 March 2019 and is currently estimated at $382,712, approximately $326 per square foot. This property was built in 1924. 406 E 7th St is a home located in Oakland County with nearby schools including Oakland Elementary School, Royal Oak Middle School, and Royal Oak High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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