NOT LISTED FOR SALE

416 E 7th St Royal Oak, MI 48067

Estimated Value: $372,213 - $427,000

3 Beds
1 Bath
1,304 Sq Ft
$313/Sq Ft Est. Value

Last Sold December 21, 2015

Last sale price $190,000 $146 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,612/month

22 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Bungalow
  • Royal Oak High School Rated A-
  • Porch
  • Fireplace in Basement

About This Home

As of December 2015

Super cute Arts and Crafts bungalow in downtown location! Living room with brick fireplace opens to lovely formal dining room with wood-beam ceiling. Loads of charm throughout. Large kitchen with nook and pantry. Awesome covered porch 26' x 8' is huge! Finished basement adds more living space - plus second fireplace and half bath; still plenty of space for storage. Nice backyard mostly fenced; large 2 car garage. Paver walk-way to porch. You will love putting your own touch on this adorable home! Pos: Negotiable

Last Agent to Sell the Property

Nancy Robinson

Century 21 Town & Country-Ro License #MISPE-6501293614 Listed on: 11/18/2015

Co-Listed By

Caren Goldstone

Century 21 Town & Country-Ro License #MISPE-6501330043

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,427

Year Built

  • Built in 1917

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 50 x 203.71

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow

Interior Spaces

  • 1,304 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Fireplace in Basement
  • Block Basement Construction

Outdoor Features

  • Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Kayser's Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522159005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,427

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Year Built: 1917
  • Mail City: Royal Oak
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: Basement Fireplace, LivRoom Fireplace, Natural Fireplace
  • Basement: Yes
  • Basement: Block, Finished
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 29 x 13
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Entry Level, Dimensions: 15 x 11
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On Entry Level, Dimensions: 11 x 8
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 11 x 6, On Level: Entry, Flooring: Laminate
  • Breakfast Nook: On Entry Level, Dimensions: 8 x 7
  • Breakfast Nook Floor Covering: Wood
  • Dining Room: On Entry Level, Dimensions: 14 x 12
  • Dining Room Floor Covering: Wood
  • Kitchen: On Entry Level, Dimensions: 12 x 12
  • Kitchen Floor Covering: Wood
  • Living Room: On Entry Level, Dimensions: 16 x 14
  • Living Room Floor Covering: Wood
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1304
  • Total Finished Sq Ft: 1304

Exterior Features

  • Exterior Features: Porch
  • Foundation: Basement
  • Frontage: 50
  • Road: Paved Street

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Hot Water
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: 2522159005
  • Lot Dimensions: 50 x 203.71
  • Acreage: 0.23
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $2,762.00
  • Winter Tax: Amount: $665.00

MLS Schools

  • School District: Royal Oak Neighborhood Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2015
Closed on
Dec 21, 2015
Sold by
Lundin Spencer and Lundin Kelly
Bought by
Oak City Investments Llc
Seller's Agent
Nancy Robinson
Century 21 Town & Country-Ro
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$194,400
Sold Price
$190,000
Premium/Discount to List
-$4,400
-2.26%
Current Estimated Value
$396,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,874
Avg. Annual Appreciation
7.84%

Purchase Details

Closed on
May 11, 2010
Sold by
Gerhard Tim A and Gerhard Julie A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 22, 2004
Sold by
Gerhard Tim A and Gerhard Julie A
Bought by
Gerhard Tim A and Gerhard Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oak City Investments Llc $190,000 Title One Inc
Federal National Mortgage Association $158,883 None Available
Gerhard Tim A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerhard Tim A $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2015 12/21/15 Sold $190,000 -2.3% $146 / Sq Ft
12/10/2015 12/10/15 Pending -- -- --
11/18/2015 11/18/15 For Sale $194,400 -- $149 / Sq Ft
Source: Michigan Multiple Listing Service

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 $6,587 $179,740 $0 $0
2024 $5,496 $161,360 $0 $0
2022 $5,994 $146,800 $0 $0
2020 $5,301 $129,590 $0 $0
2018 $5,994 $108,620 $0 $0
2017 $5,443 $108,620 $0 $0
2015 -- $89,690 $0 $0
2014 -- $82,930 $0 $0
2011 -- $77,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2015

    Nancy Robinson

    Century 21 Town & Country-Ro

  • C

    Seller Co-Listing Agent in 2015

    Caren Goldstone

    Century 21 Town & Country-Ro

  • .

    Buyer's Agent in 2015

    . Non Mls Member

    NON MLS Member

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31271909

Michigan Multiple Listing Service

APN: 25-22-159-005

Michigan Oakland County Royal Oak 48067

416 E 7th St, Royal Oak, MI

Not Listed for Sale

Detached

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Michigan Multiple Listing Service Source MLS: MiRealSource
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