NOT LISTED FOR SALE

4718 Olivia Ave Royal Oak, MI 48073

Estimated Value: $259,000 - $292,000

3 Beds
1 Bath
880 Sq Ft
$305/Sq Ft Est. Value

Last Sold July 24, 2024

Last sale price $245,000 $278 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,843/month

23 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 1 Car Attached Garage
  • Royal Oak High School Rated A-
  • No HOA
  • Shed

About This Home

As of July 2024

This unique North Royal Oak ranch is perfectly located just minutes from schools, shopping, and the Woodward Corridor, and is truly a must-see property! Home features radiant in-floor heating throughout, a pass-through attached garage for great access to the spacious back yard, and TONS of fantastic natural light via the generous windows. This move-in-ready home would make a very special starter home or investment property, and will not last long.

Last Agent to Sell the Property

Alan Brown

Real Estate One-Troy License #6501386150 Listed on: 05/31/2024

Real Estate One-Troy

Last Buyer's Agent

James Luisier

Realty Executives Main St LLC License #6501302186

Realty Executives Main St LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 55x100.00
  • Back Yard Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • 880 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Kitchen

  • Free-Standing Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed

Utilities

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

Additional Features

  • Stacked Washer and Dryer
  • Ground Level

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 2506205003

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,009

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: 91460.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Free-Standing Gas Oven, Free-Standing Refrigerator, Microwave, Washer/Dryer Stacked
  • Total Sq Ft: 880

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Porch Type: Deck
  • Road Frontage Type: Paved
  • Fencing: Back Yard, Fenced

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water, Radiant
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.13
  • Lot Dimensions: 55X100.00
  • Parcel Number: 2506205003

Tax Info

  • Tax Amount Summer: 4256.0000
  • Tax Amount Winter: 753.0000
  • Total Tax: 5009.0000
  • Taxable Value: 90470.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jul 24, 2024
Sold by
Peterson Jason and Peterson Cara
Bought by
Munoz Maria Victoria
Seller's Agent
Alan Brown
Real Estate One-Troy
Buyer's Agent
James Luisier
Realty Executives Main St LLC
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Views
131
Current Estimated Value
$268,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,166
Avg. Annual Appreciation
6.43%
Original Mortgage
$220,500
Outstanding Balance
$217,199
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$50,967

Purchase Details

Listed on
Jun 24, 2021
Closed on
Aug 6, 2021
Sold by
Rose Brenda
Bought by
Peterson Jason and Peterson Cara
Seller's Agent
Jenae Kain
Realteam Real Estate
Buyer's Agent
Alan Brown
Real Estate One-Troy
List Price
$220,000
Sold Price
$200,000
Premium/Discount to List
-$20,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$150,000
Interest Rate
2.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2017
Sold by
Darin Alexandria
Bought by
Rose Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,082
Interest Rate
4.03%

Purchase Details

Closed on
May 4, 2006
Sold by
Mortgage Electronic Registration Systems
Bought by
Lasalle Bank Na and Certificateholders Of Bear Stearns Asset

Purchase Details

Closed on
Apr 18, 2006
Sold by
Christensen Kathryn E
Bought by
Mortgage Electronic Registration Systems
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
Munoz Maria Victoria $245,000 Capital Title
Munoz Maria Victoria $245,000 Capital Title
Munoz Maria Victoria $245,000 Capital Title
Peterson Jason $200,000 Cislo Title Co
Rose Brenda -- --
Lasalle Bank Na -- None Available
Mortgage Electronic Registration Systems $125,053 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munoz Maria Victoria $220,500
Closed Munoz Maria Victoria $220,500
Previous Owner Peterson Jason $150,000
Previous Owner Rose Brenda $121,082
Previous Owner Rose Brenda --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2024 07/24/24 Sold $245,000 -2.0% $278 / Sq Ft
06/23/2024 06/23/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $250,000 +25.0% $284 / Sq Ft
08/06/2021 08/06/21 Sold $200,000 0.0% $227 / Sq Ft View Prior Sale
07/05/2021 07/05/21 Pending -- -- --
06/29/2021 06/29/21 Price Changed $200,000 -9.1% $227 / Sq Ft
06/24/2021 06/24/21 For Sale $220,000 +70.5% $250 / Sq Ft
08/08/2014 08/08/14 Sold $129,000 -3.7% $147 / Sq Ft View Prior Sale
06/25/2014 06/25/14 Pending -- -- --
05/27/2014 05/27/14 For Sale $134,000 -- $152 / 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
2025 $5,288 $103,370 $0 $0
2024 $4,412 $97,070 $0 $0
2022 $4,812 $86,170 $0 $0
2020 $4,256 $74,920 $0 $0
2018 $4,812 $64,040 $0 $0
2017 $2,413 $64,040 $0 $0
2015 -- $58,100 $0 $0
2014 -- $54,020 $0 $0
2011 -- $44,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240036619

Realcomp

APN: 25-06-205-003