NOT LISTED FOR SALE

500 N Washington Ave Royal Oak, MI 48067

Estimated Value: $341,000 - $402,000

3 Beds
2 Baths
1,620 Sq Ft
$228/Sq Ft Est. Value

Last Sold July 18, 2019

Last sale price $190,000 $117 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,301/month

39 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Attic Fan
  • Northwood Elementary School Rated A-
  • Enclosed Patio or Porch
  • Ceiling Fan

About This Home

As of July 2019

Downtown Royal Oak Colonial! Location, Location, Location! 3 Bedroom/ 2 Bath within walking distance to all that downtown has to offer. Great investment opportunity as a rental or with a little TLC make it your own! Tons of potential here. This once duplex can be reconverted or left as is. Newer kitchen with granite counters and all appliances included. Hardwood floors throughout, as well as some lovely woodwork. Also has a covered porch, just perfect for relaxing.

Last Agent to Sell the Property

Shauna Van Simaeys

National Realty Centers, Inc License #6501406059 Listed on: 04/16/2019

National Realty Centers, Inc

Last Buyer's Agent

Shauna Van Simaeys

National Realty Centers, Inc License #6501406059 Listed on: 04/16/2019

National Realty Centers, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1918

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 45.00x110.00
  • Property fronts an easement

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,620 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Interior Basement Entry
  • Attic Fan

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Willson Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2516482007

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,379

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2020
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 1620
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 45
  • Porch Type: Porch - Covered, Porch - Enclosed
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: E

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan, Ceiling Fan(s)
  • Heating: Steam
  • 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: 2045454.5455
  • Lot Features: Easement
  • Lot Size Area: 0.11
  • Lot Dimensions: 45.00X110.00
  • Parcel Number: 2516482007

Tax Info

  • Tax Amount Summer: 3683.0000
  • Tax Amount Winter: 696.0000
  • Total Tax: 4379.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2019
Closed on
Jul 18, 2019
Sold by
500 K Washintgon Ave Llc
Bought by
Transit Blaine A and Transit Anna C
Seller's Agent
Shauna Van Simaeys
National Realty Centers, Inc
Buyer's Agent
Shauna Van Simaeys
National Realty Centers, Inc
List Price
$225,000
Sold Price
$190,000
Premium/Discount to List
-$35,000
-15.56%
Current Estimated Value
$359,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,124
Avg. Annual Appreciation
10.69%
Original Mortgage
$140,000
Outstanding Balance
$124,942
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$227,375

Purchase Details

Closed on
Feb 3, 2016
Sold by
Thompson Christopher J and Thompson Robyn M
Bought by
500 N Washington Ave Llc

Purchase Details

Closed on
Jan 11, 2012
Sold by
Oakland County Treasurer
Bought by
First American Rets Ref #215158518

Purchase Details

Closed on
Sep 3, 2003
Sold by
Reynolds Ronald J and Reynolds Karen
Bought by
Thompson Christopher J and Malone Thompson Robyn
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
Transit Blaine A $190,000 None Available
500 N Washington Ave Llc -- Attorney
First American Rets Ref #215158518 $1,322 None Available
Thompson Christopher J $172,000 Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Transit Blaine A $140,000
Previous Owner Thompson Christopher J $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2019 07/18/19 Sold $190,000 -15.6% $117 / Sq Ft
05/25/2019 05/25/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $225,000 -- $139 / 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 $4,008 $145,570 $0 $0
2022 $4,736 $131,530 $0 $0
2020 $3,895 $118,120 $0 $0
2018 $4,736 $99,020 $0 $0
2017 $4,183 $99,020 $0 $0
2015 -- $90,010 $0 $0
2014 -- $85,310 $0 $0
2011 -- $75,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219033690

Realcomp

APN: 25-16-482-007