NOT LISTED FOR SALE

4615 Olivia Ave Royal Oak, MI 48073

Estimated Value: $248,000 - $269,725

3 Beds
1 Bath
880 Sq Ft
$296/Sq Ft Est. Value

Last Sold November 29, 2019

Last sale price $165,000 $188 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,619/month

29 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Patio
  • Royal Oak High School Rated 9+
  • 1 Car Detached Garage

About This Home

As of November 2019

Charming Royal Oak 3 bedroom rambler ranch just 1/2 block from Birmingham. Close to stores, parks, lots of restaurants and shopping. Nice white kitchen. Brand new carpet. Cozy family room with fireplace offers large window views to the spacious, fenced rear yard and paver patio area, perfect for relaxing or entertaining friends and family while you BBQ. 1.5 car garage. Prime neighborhood location.

Last Agent to Sell the Property

Stetson Jarbo

@properties Christie's Int'l R.E. Birmingham License #6501368331 Listed on: 10/03/2019

@properties Christie's Int'l R.E. Birmingham

Last Buyer's Agent

Nancy Robinson

Real Broker Berkley License #6501293614

Real Broker Berkley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x100

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 880 Sq Ft Home
  • Living Room with Fireplace
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System

Additional Features

  • Patio
  • Ground Level

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 2506204021

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,622

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1950
  • State Equalized Value: 63710.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Disposal, Dryer, Washer
  • Sq Ft Combined: 880
  • Total Sq Ft: 880

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Aluminum, Vinyl
  • Frontage Feet: 50
  • Porch Type: Patio
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Radiant
  • Sewer: Public Sewer (Sewer-Sanitary)
  • 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: 1399166.6667
  • Lot Size Area: 0.12
  • Lot Dimensions: 50X100
  • Parcel Number: 2506204021

Tax Info

  • Tax Amount Summer: 3108.0000
  • Tax Amount Winter: 514.0000
  • Total Tax: 3622.0000
  • Taxable Value: 63710.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2019
Closed on
Nov 29, 2019
Sold by
Shamoun Properties Llc
Bought by
Scarpace Kenneth H
Seller's Agent
Stetson Jarbo
@properties Christie's Int'l R.E. Birmingham
Buyer's Agent
Nancy Robinson
Real Broker Berkley
List Price
$167,900
Sold Price
$165,000
Premium/Discount to List
-$2,900
-1.73%
Current Estimated Value
$260,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,431
Avg. Annual Appreciation
8.26%
Original Mortgage
$160,050
Outstanding Balance
$141,683
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$118,748

Purchase Details

Listed on
Aug 9, 2018
Closed on
Aug 16, 2018
Sold by
Frost Steven J
Bought by
Shamoun Properties Llc
Seller's Agent
Brandon Mulrenin
Brookstone, Realtors LLC
Buyer's Agent
Stetson Jarbo
@properties Christie's Int'l R.E. Birmingham
List Price
$159,900
Sold Price
$145,000
Premium/Discount to List
-$14,900
-9.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.54%

Purchase Details

Listed on
Apr 30, 2016
Closed on
Jul 1, 2016
Sold by
Groneman Sven and Gronemann Beth
Bought by
Frost Steven J
Seller's Agent
Linda Benson
Real Estate One-Royal Oak
Buyer's Agent
Brandon Gentile
EXP Realty LLC
List Price
$135,000
Sold Price
$132,500
Premium/Discount to List
-$2,500
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%
Original Mortgage
$104,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2003
Sold by
Peterman Michael B and Peterman Lisa L
Bought by
Groneman Sven

Purchase Details

Closed on
Jan 4, 2003
Sold by
Karchnak Lisa L and Peterman Lisa L
Bought by
Peterman Lisa L and Peterman Michael B

Purchase Details

Closed on
Sep 8, 1998
Sold by
Liphardt Michael D
Bought by
Karchnak Lisa L

Purchase Details

Closed on
Mar 18, 1996
Sold by
Liphardt Michael D
Bought by
Liphardt Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
7.44%
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
Scarpace Kenneth H $165,000 None Available
Shamoun Properties Llc $145,000 Amrock
Frost Steven J $132,500 None Available
Groneman Sven $150,350 Capital Title Ins Agency
Peterman Lisa L -- Capital Title Ins Agency
Karchnak Lisa L $116,000 --
Liphardt Michael D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scarpace Kenneth H $160,050
Previous Owner Frost Steven J $104,000
Previous Owner Liphardt Michael D $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2019 11/29/19 Sold $165,000 -1.7% $188 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
10/18/2019 10/18/19 For Sale $167,900 +1.8% $191 / Sq Ft
10/16/2019 10/16/19 Off Market $165,000 -- --
10/03/2019 10/03/19 For Sale $167,900 0.0% $191 / Sq Ft
12/19/2018 12/19/18 Rented $1,375 0.0% --
12/13/2018 12/13/18 Under Contract -- -- --
11/29/2018 11/29/18 For Rent $1,375 0.0% --
08/16/2018 08/16/18 Sold $145,000 -9.3% $165 / Sq Ft
08/13/2018 08/13/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $159,900 0.0% $182 / Sq Ft
12/15/2017 12/15/17 Rented $1,400 0.0% --
12/12/2017 12/12/17 Under Contract -- -- --
12/06/2017 12/06/17 For Rent $1,400 +7.7% --
11/30/2016 11/30/16 Rented $1,300 0.0% --
11/22/2016 11/22/16 Price Changed $1,300 -7.1% $1 / Sq Ft
10/28/2016 10/28/16 For Rent $1,400 0.0% --
07/01/2016 07/01/16 Sold $132,500 -1.9% $151 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
04/30/2016 04/30/16 For Sale $135,000 0.0% $153 / Sq Ft
09/23/2014 09/23/14 Rented $1,250 +4.2% --
09/11/2014 09/11/14 Under Contract -- -- --
09/03/2014 09/03/14 For Rent $1,200 +9.1% --
01/15/2013 01/15/13 Rented $1,100 -4.3% --
12/29/2012 12/29/12 Under Contract -- -- --
11/15/2012 11/15/12 For Rent $1,150 -- --
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 $2,430 $92,670 $0 $0
2022 $2,871 $82,270 $0 $0
2020 $2,362 $71,620 $0 $0
2018 $2,871 $63,370 $0 $0
2017 $3,585 $63,370 $0 $0
2015 -- $57,230 $0 $0
2014 -- $53,060 $0 $0
2011 -- $43,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 219102048

Realcomp

APN: 25-06-204-021