NOT LISTED FOR SALE

422 E University Ave Royal Oak, MI 48067

Estimated Value: $309,164 - $411,000

3 Beds
4 Baths
1,075 Sq Ft
$325/Sq Ft Est. Value

Last Sold November 18, 2015

Last sale price $210,000 $195 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,162/month

31 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Bungalow
  • Royal Oak High School Rated 9+
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of November 2015

Check out this corner lot, garden Bungalow in the heart of Downtown Royal Oak. The Downtown Bungalow is 1200 square feet with three bedrooms and four bathrooms -- yes, four bathrooms!!!! It has a lot unique features and provides a very open floor plan for the kitchen and living room areas. The Downtown Bungalow has a recently renovated, open front porch and eclectically designed basement with the 3rd bedroom, 4th bathroom and kitchenette area located in the basement. It has hardwood floors in the living room and dining room, with ceramic tile in bathrooms and kitchen. Carpet in the master bedroom. Possibilities are endless with this walkout basement to put your finishing touches for Nanny quarters, office area, "Man Cave"or just, plain and simple, more space. Newer windows, central air, furnace and roof. No garage. Owner willing to finance purchasers on a Land Contract (10% down @ 5.5%) or Rent-to-Own option with good credit. Proof of funds or Pre-Qualification Letter necessary.

Last Agent to Sell the Property

Luke Johnson

EXP Realty Main License #6501257132 Listed on: 09/15/2015

EXP Realty Main

Last Buyer's Agent

Matthew Allen

Cranbrook Associates-Birm License #RCO-6501364386

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1922

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 40.1x77.03
  • Corner Lot

Home Design

  • Bungalow
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 1,075 Sq Ft Home
  • 2-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Natural lighting in basement

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Assr's Plat No 14 Royal Oak Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2515357019

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,773

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Daylight, Partially Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1425
  • Sq Ft Lower Floor: 350
  • Total Sq Ft: 1075
  • Sq Ft Total Bsmt: 942

Exterior Features

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

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: 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: 3071428.5714
  • Lot Features: Corner Lot
  • Lot Size Area: 0.07
  • Lot Dimensions: 40.1X77.03
  • Parcel Number: 2515357019

Rental Info

  • Deposit Amount: 10.00

Tax Info

  • Tax Amount Summer: 3243.0000
  • Tax Amount Winter: 530.0000
  • Total Tax: 3773.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2023
Sold by
Leveque David J
Bought by
David And Betsy Leveque Trust and Leveque
Current Estimated Value
$349,041

Purchase Details

Closed on
Dec 28, 2020
Sold by
Leveque David J and Tien Betsy M
Bought by
Leveque David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2015
Closed on
Nov 17, 2015
Sold by
Alden Company Llc
Bought by
Leveque David J
Seller's Agent
Luke Johnson
EXP Realty Main
Buyer's Agent
Matthew Allen
Cranbrook Associates-Birm
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%

Purchase Details

Closed on
Aug 20, 2013
Sold by
Snavely Robert A and Snavely Juliann
Bought by
Alden Company Llc

Purchase Details

Closed on
Oct 20, 2004
Sold by
Alden Co Llc
Bought by
Snavely Robert A

Purchase Details

Closed on
Jun 22, 2004
Sold by
Riffle Greg M and Riffle Kimberly A
Bought by
Alden Co Llc

Purchase Details

Closed on
Dec 12, 2000
Sold by
Andoniades Michael G
Bought by
Riffle Greg M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,100
Interest Rate
7.58%
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
David And Betsy Leveque Trust -- None Listed On Document
David And Betsy Leveque Trust -- None Listed On Document
Leveque David J -- Elevated Title
Leveque David J $210,000 Liberty Title
Alden Company Llc -- None Available
Snavely Robert A -- --
Alden Co Llc $145,000 Philip R Seaver Title Co Inc
Riffle Greg M $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leveque David J $136,000
Previous Owner Riffle Greg M $131,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2015 11/18/15 Sold $210,000 -2.3% $195 / Sq Ft
10/16/2015 10/16/15 Pending -- -- --
09/15/2015 09/15/15 For Sale $215,000 -- $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 $3,744 $104,310 $0 $0
2022 $4,084 $93,170 $0 $0
2020 $3,612 $84,280 $0 $0
2018 $4,084 $71,930 $0 $0
2017 $3,709 $71,930 $0 $0
2015 -- $68,660 $0 $0
2014 -- $66,310 $0 $0
2011 -- $65,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215100056

Realcomp

APN: 25-15-357-019