NOT LISTED FOR SALE

412 Catalpa Dr Royal Oak, MI 48067

Estimated Value: $480,000 - $529,000

4 Beds
2 Baths
2,036 Sq Ft
$246/Sq Ft Est. Value

Last Sold November 18, 2020

Last sale price $380,000 $187 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,290/month

124 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Ceiling Fan
  • Northwood Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • 4 Car Garage

About This Home

As of November 2020

All Brick duplex in prime Royal Oak location. Upper and lower floor plans are identical. Lower level unit features FIREPLACE & hardwood floors (hardwood under carpet in upper level). Very well maintained building with great layout each unit features two large bedrooms, kitchen w/ stove, refrigerator. Large dining area that opens to kitchen and living room. Newer vinyl windows, CENTRAL AIR and high efficiency furnace. Two car garage that tenants have previously shared. Large common basement space provides tenants shared access to washer and dryer. Separate meters for both gas and electric. Plenty of on street parking is also available in addition to garage parking. LOWER LEVEL UNIT HAS A ONE YEAR LEASE Ending 8-31-2021 with a single tenant rate of $1300 per month.

Last Agent to Sell the Property

Mike Kramar

National Realty Centers, Inc License #6501305632 Listed on: 06/03/2020

National Realty Centers, Inc

Last Buyer's Agent

Daniel Mullan

RE/MAX Classic License #6501169972

RE/MAX Classic

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1953

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00x128.00

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,036 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Garage
  • On-Street Parking
  • Assigned Parking

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2516279016
  • $700 Seller Concession

Community Details

Overview

  • 2 Units
  • Evans Highland No 2 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,659

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Duplex
  • Architecture Level: 2 Story
  • Year Built: 1953
  • State Equalized Value: 130050.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common, Unfinished
  • Sq Ft Combined: 2036
  • Total Sq Ft: 2036
  • Sq Ft Total Bsmt: 1018

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Assigned Spaces, Garages, On Street, Paved
  • Total Parking Spaces: 4

Utilities

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

Schools

  • School District: Royal Oak

Lot Info

  • List Price per Acre: 3283333.3333
  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00X128.00
  • Parcel Number: 2516279016
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Deposit Amount: 106250.00
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2800

Tax Info

  • Tax Amount Summer: 3622.7700
  • Tax Amount Winter: 36.2200
  • Total Tax: 3658.9900
  • Taxable Value: 76060.0000

Multi Family

  • Gross Scheduled Income: 33600.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Nov 17, 2020
Sold by
Rp Llc
Bought by
Macanu Alexandru and Macanu Heidi G
Seller's Agent
Mike Kramar
National Realty Centers, Inc
Buyer's Agent
Daniel Mullan
RE/MAX Classic
List Price
$425,000
Sold Price
$380,000
Premium/Discount to List
-$45,000
-10.59%
Current Estimated Value
$500,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,281
Avg. Annual Appreciation
5.16%
Original Mortgage
$323,000
Outstanding Balance
$291,331
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$192,416

Purchase Details

Closed on
Apr 13, 2002
Sold by
Brown Roger B
Bought by
Rp Llc
Source: Public Records

Range of Values:

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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
Macanu Alexandru $380,000 None Available
Rp Llc $223,840 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mocanu Alexandru $323,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $380,000 -3.6% $187 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
09/18/2020 09/18/20 Price Changed $394,000 -1.3% $194 / Sq Ft
09/03/2020 09/03/20 Price Changed $399,000 -1.5% $196 / Sq Ft
08/28/2020 08/28/20 Price Changed $405,000 -1.2% $199 / Sq Ft
07/31/2020 07/31/20 Price Changed $410,000 -1.2% $201 / Sq Ft
07/20/2020 07/20/20 Price Changed $415,000 -2.4% $204 / Sq Ft
06/03/2020 06/03/20 For Sale $425,000 0.0% $209 / Sq Ft
02/20/2015 02/20/15 Rented $1,000 0.0% --
02/14/2015 02/14/15 Under Contract -- -- --
12/03/2014 12/03/14 For Rent $1,000 -- --
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 $6,825 $181,010 $0 $0
2022 $7,683 $167,350 $0 $0
2020 $6,602 $134,090 $0 $0
2018 $7,683 $120,070 $0 $0
2017 $4,117 $120,070 $0 $0
2015 -- $104,680 $0 $0
2014 -- $89,200 $0 $0
2011 -- $99,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mike Kramar

    National Realty Centers, Inc

    (248) 797-3056

    4 in this area

    46 Total Sales

    Mike Kramar
    Section Image
  • Daniel Mullan

    Buyer's Agent in 2020

    Daniel Mullan

    RE/MAX of Southeast Michigan

    (313) 300-0462

    2 in this area

    50 Total Sales

    Daniel Mullan
    Section Image

  • M

    Seller's Agent in 2015

    Marianne Mast

    KW Metro

    Section Image

  • M

    Buyer's Agent in 2015

    Michael Zalucki

    Good Company

    (248) 854-5228

    1 in this area

    3 Total Sales

    Michael Zalucki
    Section Image

  • M

    Buyer's Agent in 2015

    Marco Elstermann

    Real Estate One Westrick

See All Agents

Map

Source: Realcomp

MLS Number: 2200038610

Realcomp

APN: 25-16-279-016

Michigan Oakland County Royal Oak 48067

412 Catalpa Dr, Royal Oak, MI

This home is located at 412 Catalpa Dr, Royal Oak, MI 48067 since 03 June 2020 and is currently estimated at $500,281, approximately $245 per square foot. This property was built in 1953. 412 Catalpa Dr is a home located in Oakland County with nearby schools including Northwood 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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

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