NOT LISTED FOR SALE

406 W 12 Mile Rd Unit 2 Royal Oak, MI 48073

Estimated Value: $259,565 - $383,000

1 Bed
1 Bath
550 Sq Ft
$580/Sq Ft Est. Value

Highlights

  • No HOA
  • Covered Patio or Porch
  • Laundry Facilities
  • Northwood Elementary School Rated A-
  • Forced Air Heating System
  • 4-minute walk to Hamer Finch Wilkins Park

About This Home

As of April 2022

Cozy 1 bedroom 1 bath upper level unit available for immediate occupancy in the heart of Royal Oak. Close proximity to downtown to enjoy local restaurants, shopping and entertainment. Freshly painted throughout. Spacious living area and bedroom. Kitchen with eat in dining area. Extra storage space in attic and basement. Shared laundry in basement. Entry to basement is in back of house. Pets negotiable with fee.

Last Agent to Rent the Property

Monica Mokrzan-Destefanis

Reserve Management Company License #6501385142 Listed on: 02/24/2022

Last Renter's Agent

Naoko Marsh

Relo Redac, Inc License #6501426698

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,967

Year Built

  • Built in 1922

Home Design

  • Half Duplex
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 550 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Paved Parking
  • Unassigned Parking

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Upper Level

Listing and Financial Details

  • Security Deposit $1,463
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 35.00
  • Assessor Parcel Number 2509481019

Community Details

Overview

  • No Home Owners Association
  • H L Koppin's Sub Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Dogs and Cats Allowed
  • The building has rules on how big a pet can be within a unit

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,967

Year Built

Built in 1922

Lot Details

0

Rental Info

  • Application Fee: 35.00
  • Lease Type: Condominium
  • Security Deposit: 1462.50
  • Tenant Amenities: Laundry On Site

Listing Details

  • Property Type: Condominium
  • Architecture Style: 1/2 Duplex
  • Architecture Level: 2 Story
  • Year Built: 1922
  • Entry Location: Upper Level w/Steps
  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Room Count: 5
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Kitchen Appliances: Dishwasher, Free-Standing Gas Range, Free-Standing Refrigerator
  • Sq Ft Combined: 550
  • Total Sq Ft: 550
  • Sq Ft Total Bsmt: 404

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage
  • MF Parking: Paved, Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Trash
  • Association Fee: No

Fee Information

  • Additional Fee: 100.00

Schools

  • School District: Royal Oak

Lot Info

  • Parcel Number: 2509481019

Multi Family

  • Length of Lease: 12 Months, 13-24 Months

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2020
Sold by
Silva Properties Royal Oak Llc
Bought by
Mannem Srinivasa
Current Estimated Value
$319,141

Purchase Details

Closed on
Feb 24, 2016
Sold by
Silva Jennifer M
Bought by
Silva Properties Royal Oak Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 2008
Sold by
Silva John Paul
Bought by
Silva Properties Royal Oak Llc

Purchase Details

Closed on
Dec 11, 1997
Sold by
Caragher Christine L
Bought by
Silva John Paul

Purchase Details

Closed on
Apr 30, 1996
Sold by
Lundberg Rachel A
Bought by
Walenczak Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,700
Interest Rate
7.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mannem Srinivasa $215,000 Interstate Title Inc
Silva Properties Royal Oak Llc -- Devon Title Agency
Silva Properties Royal Oak Llc -- None Available
Silva John Paul $119,000 --
Walenczak Christine L $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silva Properties Royal Oak Llc $830,000
Previous Owner Walenczak Christine L $92,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2022 04/18/22 Rented $975 0.0% --
04/15/2022 04/15/22 Under Contract -- -- --
04/06/2022 04/06/22 Price Changed $975 -11.4% $2 / Sq Ft
02/24/2022 02/24/22 For Rent $1,100 +12.8% --
10/15/2020 10/15/20 Rented $975 0.0% --
09/28/2020 09/28/20 Under Contract -- -- --
09/03/2020 09/03/20 For Rent $975 -- --
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 $3,967 $90,870 $0 $0
2022 $4,327 $79,880 $0 $0
2020 $3,827 $71,010 $0 $0
2018 $4,327 $59,080 $0 $0
2017 $2,222 $59,080 $0 $0
2015 -- $52,060 $0 $0
2014 -- $50,500 $0 $0
2011 -- $50,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2022

    Monica Mokrzan-Destefanis

    Reserve Management Company

    Section Image

  • N

    Tenant's Agent in 2022

    Naoko Marsh

    Relo Redac, Inc

    (248) 330-0200

    12 Total Sales

    Naoko Marsh
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2220012461

Realcomp

APN: 25-09-481-019

Michigan Oakland County Royal Oak 48067

406 W 12 Mile Rd Unit 2, Royal Oak, MI

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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes