NOT LISTED FOR SALE

500 E University Ave Royal Oak, MI 48067

Estimated Value: $806,000 - $842,434

4 Beds
3.5 Baths
2,494 Sq Ft
$331/Sq Ft Est. Value

Last Sold August 09, 2017

Last sale price $595,100 $239 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,067/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • 2 Car Detached Garage
  • Royal Oak High School Rated 9+
  • No HOA
  • Porch

About This Home

As of August 2017

Absolutely perfect new Craftsman colonial home (2013) with beautifully finished lower level in superb location just a few blocks from the heart of downtown Royal Oak! With exceptional, clean and modern finishes, a pleasing open layout and spacious rooms, and a fully finished basement with 4th bedroom and 3rd full bathroom -- this home is everything you've been looking for! Hardwood floors throughout, family room has floor to ceiling fireplace, mudroom area, and 2nd floor laundry. Lower level has kitchen/entertaining area. Fenced backyard has plenty of space and a brick paver patio. Lovely front porch and overall charming curb appeal. Beautiful inside and out -- this stunning home has everything you expect and more.

Last Agent to Sell the Property

Angelo Buttazzoni

National Realty Centers, Inc License #6501393545 Listed on: 06/20/2017

National Realty Centers, Inc

Last Buyer's Agent

Gayle Hannett

Temporary Inactive Users License #RCO-6501260102

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2013

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 45x130
  • Fenced
  • Corner Lot

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 2,494 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Finished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Assr's Plat No 5 Royal Oak Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2515377001

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,404

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2013
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 3494
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 2494
  • Sq Ft Total Bsmt: 1200

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Cedar
  • Exclusions: Yes
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 45
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Door Opener
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • 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

  • Homestead: Yes
  • List Price per Acre: 4576923.0769
  • Lot Features: Corner Lot
  • Lot Size Area: 0.13
  • Lot Dimensions: 45X130
  • Parcel Number: 2515377001

Tax Info

  • Tax Amount Summer: 6772.0000
  • Tax Amount Winter: 1632.0000
  • Total Tax: 8404.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2017
Closed on
Aug 9, 2017
Sold by
Latarte Brad and Latarte Lauren
Bought by
Gold Kenneth L and Gold Esther
Seller's Agent
Angelo Buttazzoni
National Realty Centers, Inc
Buyer's Agent
Gayle Hannett
Temporary Inactive Users
List Price
$595,000
Sold Price
$595,100
Premium/Discount to List
$100
0.02%
Current Estimated Value
$826,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,259
Avg. Annual Appreciation
4.11%
Original Mortgage
$300,000
Outstanding Balance
$242,610
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$583,749

Purchase Details

Closed on
Feb 1, 2016
Sold by
Latarte Brad and Latarte Lauren
Bought by
The Latarte Living Trust and Latarte Lauren

Purchase Details

Listed on
Oct 15, 2013
Closed on
Nov 8, 2013
Sold by
Ljl Real Estate Holdings Llc and Juracek Lipa Linda
Bought by
Latarte Brad and Latarte Lauren
Seller's Agent
John Farhat
Good Company
Buyer's Agent
Lisa Bradford
Real Estate One-Troy
List Price
$489,000
Sold Price
$489,900
Premium/Discount to List
$900
0.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$384,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2013
Sold by
Walters Mark J
Bought by
Ljl Real Estate Holdings Llc

Purchase Details

Closed on
Sep 14, 2010
Sold by
Schrader Scott M
Bought by
Walters Mark J

Purchase Details

Closed on
Mar 23, 2010
Sold by
Schrader Scott M
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Mar 31, 2000
Sold by
Park Thomas E
Bought by
Schrader Scott M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,502
Interest Rate
8.24%

Purchase Details

Closed on
Jun 29, 1995
Sold by
Lorenz Jeffrey
Bought by
Mcdonald Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,050
Interest Rate
7.5%
Source: Public Records

Range of Values:

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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
Gold Kenneth L $595,100 Devonshire Title Agency
The Latarte Living Trust -- Attorney
Latarte Brad $489,900 Bbc Title Agency Llc
Ljl Real Estate Holdings Llc $110,000 Bell Title Agency Of Macomb
Walters Mark J $69,900 None Available
Bac Home Loans Servicing Lp $131,886 None Available
Schrader Scott M $129,000 --
Mcdonald Shannon $76,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gold Kenneth L $300,000
Previous Owner Latarte Brad $384,000
Previous Owner Schrader Scott M $127,502
Previous Owner Mcdonald Shannon $73,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2017 08/09/17 Sold $595,100 0.0% $239 / Sq Ft
06/25/2017 06/25/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $595,000 +21.5% $239 / Sq Ft
11/08/2013 11/08/13 Sold $489,900 +0.2% $192 / Sq Ft
10/18/2013 10/18/13 Pending -- -- --
10/15/2013 10/15/13 For Sale $489,000 -- $192 / 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 $8,228 $325,360 $0 $0
2022 $9,721 $292,740 $0 $0
2020 $7,995 $270,400 $0 $0
2018 $9,721 $225,240 $0 $0
2017 $8,232 $225,240 $0 $0
2015 -- $199,340 $0 $0
2014 -- $195,040 $0 $0
2011 -- $60,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Angelo Buttazzoni

    National Realty Centers, Inc

    Section Image

  • G

    Buyer's Agent in 2017

    Gayle Hannett

    Temporary Inactive Users

  • J

    Buyer's Agent in 2017

    John Hannett

    Temporary Inactive Users

    Section Image
  • John Farhat

    Seller's Agent in 2013

    John Farhat

    Good Company

    (248) 644-6300

    124 in this area

    138 Total Sales

    John Farhat
    Section Image
  • Lisa Bradford

    Buyer's Agent in 2013

    Lisa Bradford

    Real Estate One-Troy

    (248) 225-4160

    6 in this area

    20 Total Sales

    Lisa Bradford
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 217052270

Realcomp

APN: 25-15-377-001

Michigan Oakland County Royal Oak 48067

500 E University Ave, Royal Oak, MI

This home is located at 500 E University Ave, Royal Oak, MI 48067 since 20 June 2017 and is currently estimated at $826,359, approximately $331 per square foot. This property was built in 2013. 500 E University Ave is a home located in Oakland County with nearby schools including Keller Elementary, Royal Oak Middle School, and Royal Oak High School.

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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