NOT LISTED FOR SALE

4518 Olivia Ave Royal Oak, MI 48073

Estimated Value: $671,000 - $775,000

4 Beds
2.5 Baths
2,194 Sq Ft
$329/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $673,000 $307 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,472/month

13 Days on Market

Highlights

  • Colonial Architecture
  • Jetted Tub in Primary Bathroom
  • No HOA
  • Royal Oak High School Rated 9+
  • Wine Refrigerator
  • Covered Patio or Porch

About This Home

As of August 2021

Custom built newer construction home with luxury finishes throughout & attention to detail in every room. Beautifully appointed open floor plan highlighted by 9’ ceilings, wood floors, detailed trim work & amenities for everyday living & entertaining. Gorgeous cooks eat-in Kitchen w/ huge Quartz island, wood cabinetry, granite counters, SS appliances & doorwall to a paver patio to enjoy the outdoors in a fenced in private backyard. Lovely Dining Room w/ Wainscotting & Butlers’ Pantry. Cozy Living Room w/ Stone Surround Gas Fireplace. Amazing Master Suite w/ tray ceiling, custom WIC, Spa Bath w/ Euro shower w/ dual heads, jetted tub & dual sink vanity. 3 Add'l Bedrooms & Full Bath complete the Upper Level. Incredible Basement with a “Wow” Factor-Gorgeous Granite, Glass & Stone Wet Bar w/ Wine & Beverage Fridges, Family Room & Glassed in Gym/Yoga Studio. 2 Car Attached Garage, Nest thermostat & smoke/carbon dioxide detectors. Prime location in Royal Oak & Walkable to Downtown Birmingham.

Last Agent to Sell the Property

Nicole McAvoy

DOBI Real Estate License #6501293853 Listed on: 07/27/2021

DOBI Real Estate

Last Buyer's Agent

Mark Shaftner

KW Domain License #RCO-6501387198

KW Domain

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2013 | Remodeled in 2018

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60.00 x 100.00
  • Fenced

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,194 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar Fridge
  • Gas Fireplace
  • Living Room with Fireplace
  • Finished Basement
  • Basement Window Egress

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Home Security

  • Security System Leased
  • Carbon Monoxide Detectors

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Meyering Land Co Woodward Hills Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2506210002

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,087

Year Built

Built in 2013 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2013
  • State Equalized Value: 233780.0000
  • Year Renovated: 2018
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s), Egress Window(s), High Spd Internet Avail, Humidifier, Jetted Tub, Security Alarm (rented), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: ENERGY STAR® qualified dryer, ENERGY STAR® qualified washer, Dishwasher, Disposal, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Wine Refrigerator, Bar Fridge
  • Sq Ft Combined: 3127
  • Sq Ft Lower Floor: 933
  • Total Sq Ft: 2194
  • Sq Ft Total Bsmt: 1033

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exclusions: Yes
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 35
  • Porch Type: Porch - Covered, Patio, Porch, Patio - Covered
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Side Entrance, Attached
  • Garage: Yes

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)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.14
  • Lot Dimensions: 60.00 X 100.00
  • Parcel Number: 2506210002

Tax Info

  • Tax Amount Summer: 7087.0000
  • Tax Amount Winter: 2000.0000
  • Total Tax: 9087.0000
  • Taxable Value: 221140.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Aug 27, 2021
Sold by
Chestnut James D and Chestnut Michele L
Bought by
Monson Justin and Monson Lyset
Seller's Agent
Nicole McAvoy
DOBI Real Estate
Buyer's Agent
Mark Shaftner
KW Domain
List Price
$585,000
Sold Price
$673,000
Premium/Discount to List
$88,000
15.04%
Current Estimated Value
$721,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,311
Avg. Annual Appreciation
1.68%
Original Mortgage
$504,000
Outstanding Balance
$458,602
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$262,709

Purchase Details

Listed on
Oct 17, 2013
Closed on
Feb 28, 2014
Sold by
Clearview Homes Llc
Bought by
Chestnut James D and Chestnut Michele L
Seller's Agent
Casper Connolly
Casper Phillip Connolly
Buyer's Agent
Casper Connolly
Casper Phillip Connolly
List Price
$349,900
Sold Price
$348,800
Premium/Discount to List
-$1,100
-0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Original Mortgage
$284,800
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2011
Sold by
Huibregtse Emma F and First Franklin Financial Corp
Bought by
Fv-I Inc and Morgan Stanley Mortgage Capital Holdings

Purchase Details

Closed on
Jun 22, 2011
Sold by
Huibregtse Emma
Bought by
Bella Homes Llc
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
Monson Justin -- First American Title
Monson Justin -- First American Title
Chestnut James D $356,000 Title One Inc
Fv-I Inc $60,000 None Available
Bella Homes Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monson Justin $504,000
Closed Monson Justin $504,000
Previous Owner Chestnut James D $284,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2021 08/27/21 Sold $673,000 +15.0% $307 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $585,000 +67.7% $267 / Sq Ft
03/17/2014 03/17/14 Sold $348,800 -0.3% $164 / Sq Ft View Prior Sale
01/31/2014 01/31/14 Pending -- -- --
10/17/2013 10/17/13 For Sale $349,900 +473.6% $165 / Sq Ft
10/31/2012 10/31/12 Sold $61,000 -6.0% $53 / Sq Ft View Prior Sale
09/13/2012 09/13/12 Pending -- -- --
08/31/2012 08/31/12 For Sale $64,900 -- $56 / 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 $8,268 $285,270 $0 $0
2022 $9,924 $259,230 $0 $0
2020 $8,034 $233,780 $0 $0
2018 $9,924 $198,070 $0 $0
2017 $8,017 $198,070 $0 $0
2015 -- $192,980 $0 $0
2014 -- $122,190 $0 $0
2011 -- $49,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210059762

Realcomp

APN: 25-06-210-002