NOT LISTED FOR SALE

502 Gardenia Ave Royal Oak, MI 48067

Estimated Value: $790,000 - $953,000

4 Beds
3.5 Baths
3,114 Sq Ft
$280/Sq Ft Est. Value

Last Sold January 27, 2017

Last sale price $495,000 $159 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,540/month

52 Days on Market

Highlights

  • Newly Remodeled
  • No HOA
  • 2 Car Direct Access Garage
  • Colonial Architecture
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

As of January 2017

This is a extraordinary value new construction colonial within walking distance to downtown Royal Oak. Fantastic floor plan featuring a cook's kitchen with high end amenities---granite, stainless appliances, breakfast nook, huge great room with fireplace, four large bedrooms including generous master suite with fabulous spa like bath and large closet. Loads of storage, hardwood floors, mudroom with lockers, second floor laundry, gorgeous staircase, plus two car ATTACHED garage and so much more - quality craftsmanship and attention to detail throughout. This home is ready to move in --- sod landscape sprinklers and all kitchen appliances. Don't miss this opportunity!

Last Agent to Sell the Property

Christine Drinkwater

@properties Christie's Int'l R.E. Birmingham License #6501359725 Listed on: 10/17/2016

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

Last Buyer's Agent

Jennifer Hubenschmidt

Remerica Hometown One License #RCO-6501324035

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 58x120

Parking

  • 2 Car Direct Access Garage

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 3,114 Sq Ft Home
  • 2-Story Property
  • Great Room with Fireplace
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Gardenia Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2515327001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,809

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2015
  • Foundation Features: Sump Pump
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Humidifier
  • Fireplace: Yes
  • Fireplace Locations: Great Room
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 3114
  • Total Sq Ft: 3114
  • Sq Ft Total Bsmt: 1300

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Composition, Stone
  • Construction Features: New Construction
  • Foundation Materials: Poured
  • Frontage Feet: 58
  • Porch Type: Porch, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access
  • 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)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • List Price per Acre: 3118750.0000
  • Lot Size Area: 0.16
  • Lot Dimensions: 58x120
  • Parcel Number: 2515327001

Tax Info

  • Tax Amount Summer: 2406.0000
  • Tax Amount Winter: 403.0000
  • Total Tax: 2809.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2016
Closed on
Jan 27, 2017
Sold by
Great Lakes Custom Builder Llc
Bought by
Duma Gary and Skimin Catherine
Seller's Agent
Christine Drinkwater
@properties Christie's Int'l R.E. Birmingham
Buyer's Agent
Jennifer Hubenschmidt
Remerica Hometown One
List Price
$499,000
Sold Price
$495,000
Premium/Discount to List
-$4,000
-0.8%
Current Estimated Value
$872,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,468
Avg. Annual Appreciation
6.33%
Original Mortgage
$396,000
Outstanding Balance
$334,350
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$504,601

Purchase Details

Closed on
Apr 7, 2015
Sold by
Sinishtaj Gjergi
Bought by
Great Lakes Custom Builder Llc

Purchase Details

Listed on
Apr 3, 2014
Closed on
Apr 18, 2014
Sold by
Javens Harry R
Bought by
Sinishtaj Gjergj
Seller's Agent
Peter Mirk
RE/MAX Classic
Buyer's Agent
James Martin
RE/MAX Eclipse
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.67%

Purchase Details

Closed on
Jul 31, 2003
Sold by
Corbett Mary C and Corbett James E
Bought by
Javens Harry R

Purchase Details

Closed on
Sep 20, 2001
Sold by
Corbett James E
Bought by
Corbett James E
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
Duma Gary $495,000 Devon Title Agency
Great Lakes Custom Builder Llc -- None Available
Sinishtaj Gjergj $120,000 Metro Hills Title Agency Llc
Javens Harry R $130,000 Metropolitan Title Company
Corbett James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duma Gary $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2017 01/27/17 Sold $495,000 -0.8% $159 / Sq Ft
12/08/2016 12/08/16 Pending -- -- --
10/17/2016 10/17/16 For Sale $499,000 +315.8% $160 / Sq Ft
04/25/2014 04/25/14 Sold $120,000 -4.0% $99 / Sq Ft
04/16/2014 04/16/14 Pending -- -- --
04/03/2014 04/03/14 For Sale $125,000 -- $103 / 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 $9,556 $381,950 $0 $0
2022 $11,290 $343,650 $0 $0
2020 $9,285 $309,260 $0 $0
2018 $11,290 $263,250 $0 $0
2017 $10,682 $263,250 $0 $0
2015 -- $48,590 $0 $0
2014 -- $45,550 $0 $0
2011 -- $47,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216101921

Realcomp

APN: 25-15-327-001