NOT LISTED FOR SALE

501 S Laurel St Royal Oak, MI 48067

Estimated Value: $427,000 - $523,000

3 Beds
2.5 Baths
1,400 Sq Ft
$352/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $450,000 $321 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,119/month

11 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Stainless Steel Appliances
  • Northwood Elementary School Rated A-
  • Covered Patio or Porch
  • 2 Car Detached Garage

About This Home

As of June 2022

*HIGHEST & BEST DEADLINE 9AM TUESDAY 5/3* STUNNING CRAFTSMAN BUNGALOW in prime Downtown Royal Oak neighborhood + Live only a few steps away from restaurants, bars, shops & businesses + PRICELESS ORIGINAL 1919 FEATURES combine with QUALITY MODERN UPDATES + Refinished Hardwood Flrs + Charming Front Porch + Exquisite Landscaping + REMODELED WHITE KITCHEN w/STAINLESS STEEL APPLIANCES + Large Dining Room + 1st Floor Powder Rm + Living Rm w/COFFERED CEILINGS & FIREPLACE w/brand new surround/mantle + Gorgeous Arts & Crafts banister on staircase + UPSTAIRS PRIMARY BEDROOM w/renovated PRIVATE FULL BATH + 2 Add’l Bedrooms Upstairs plus RENOVATED FULL BATH in hallway + Stairs to Attic offer future potential/storage + BASEMENT w/laundry & storage + NEW 2 CAR DREAM GARAGE/WORKSHOP w/heating & cooling+ Porch w/2 Tier Deck overlooks BACKYARD + Privacy Fence + Fresh neutral color interior paint + UPDATES INCLUDE: HVAC, Plumbing, Electric, 3D Shingle Roof (2017), Driveway, Windows, Front Door & more.

Last Agent to Sell the Property

Andrea Carollo

Max Broock, REALTORS®-Birmingham License #6501315679 Listed on: 04/29/2022

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Devina Smith

KW Domain License #6501437818

KW Domain

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1919

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 47.00x120.00
  • Fenced

Home Design

  • Colonial Architecture
  • Craftsman Architecture
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Hendrie Boulevard Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2521212009

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,660

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial, Craftsman
  • Architecture Level: 2 Story
  • Year Built: 1919
  • State Equalized Value: 157990.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Stainless Steel Appliance(s)
  • Sq Ft Combined: 1400
  • Total Sq Ft: 1400
  • Sq Ft Total Bsmt: 684

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exclusions: Yes
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 47
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Door Opener, Detached
  • 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: 0.13
  • Lot Dimensions: 47.00X120.00
  • Parcel Number: 2521212009

Tax Info

  • Tax Amount Summer: 3730.0000
  • Tax Amount Winter: 930.0000
  • Total Tax: 4660.0000
  • Taxable Value: 117110.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2025
Sold by
Bailey Erin M and Bailey William C
Bought by
Bailey William C
Current Estimated Value
$492,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,275
Outstanding Balance
$374,342
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$117,895

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jun 1, 2022
Sold by
Shaun Carollo
Bought by
Bailey Erin M and Bailey William C
Seller's Agent
Andrea Carollo
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Devina Smith
KW Domain
List Price
$425,000
Sold Price
$450,000
Premium/Discount to List
$25,000
5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.69%

Purchase Details

Listed on
Aug 1, 2017
Closed on
Oct 27, 2017
Sold by
Bissell Brandon
Bought by
Carollo Shaun
Seller's Agent
Elyse VanHouzen
RE/MAX Showcase Homes
Buyer's Agent
Elyse VanHouzen
RE/MAX Showcase Homes
List Price
$329,900
Sold Price
$287,500
Premium/Discount to List
-$42,400
-12.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%

Purchase Details

Closed on
Sep 13, 2004
Sold by
Urena Ricardo and Urena Janel Mackay
Bought by
Bissell Brandon and Vandermause Craig

Purchase Details

Closed on
May 4, 2001
Sold by
Van Weelden R
Bought by
Urena Ricardo
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
Bailey William C -- None Listed On Document
Bailey William C -- None Listed On Document
Bailey Erin M $450,000 None Listed On Document
Carollo Shaun $287,500 None Available
Bissell Brandon $227,000 First American Title Ins Co
Urena Ricardo $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey William C $376,275
Closed Bailey William C $376,275
Closed Urena Ricardo --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2022 06/01/22 Sold $450,000 +5.9% $321 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $425,000 +47.8% $304 / Sq Ft
10/30/2017 10/30/17 Sold $287,500 -7.2% $219 / Sq Ft View Prior Sale
10/02/2017 10/02/17 Pending -- -- --
09/10/2017 09/10/17 Price Changed $309,900 -3.1% $237 / Sq Ft
08/13/2017 08/13/17 Price Changed $319,900 +11.3% $244 / Sq Ft
08/08/2017 08/08/17 Off Market $287,500 -- --
08/02/2017 08/02/17 For Sale $329,900 0.0% $252 / Sq Ft
08/01/2017 08/01/17 For Sale $329,900 -- $252 / 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 $6,122 $211,660 $0 $0
2022 $4,631 $165,650 $0 $0
2020 $6,069 $134,720 $0 $0
2018 $4,631 $97,230 $0 $0
2017 $4,173 $97,230 $0 $0
2015 -- $81,760 $0 $0
2014 -- $71,750 $0 $0
2011 -- $71,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrea Carollo

    Seller's Agent in 2022

    Andrea Carollo

    Max Broock, REALTORS®-Birmingham

    (248) 330-3401

    51 in this area

    176 Total Sales

    Andrea Carollo
    Section Image
  • Devina Smith

    Buyer's Agent in 2022

    Devina Smith

    KW Domain

    (248) 469-7776

    1 in this area

    18 Total Sales

    Devina Smith
    Section Image
  • Elyse VanHouzen

    Seller's Agent in 2017

    Elyse VanHouzen

    RE/MAX

    (248) 647-3200

    1 in this area

    22 Total Sales

    Elyse VanHouzen
    Section Image
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Map

Source: Realcomp

MLS Number: 2220029560

Realcomp

APN: 25-21-212-009

Michigan Oakland County Royal Oak 48067

501 S Laurel St, Royal Oak, MI

This home is located at 501 S Laurel St, Royal Oak, MI 48067 since 29 April 2022 and is currently estimated at $492,237, approximately $351 per square foot. This property was built in 1919. 501 S Laurel St is a home located in Oakland County with nearby schools including Northwood Elementary School, Royal Oak Middle School, and Royal Oak High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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