NOT LISTED FOR SALE

502 Magnolia Ave Royal Oak, MI 48073

Estimated Value: $508,827 - $649,000

3 Beds
3 Baths
1,924 Sq Ft
$287/Sq Ft Est. Value

About This Home

This home is located at 502 Magnolia Ave, Royal Oak, MI 48073 and is currently estimated at $551,707, approximately $286 per square foot. 502 Magnolia Ave is a home located in Oakland County with nearby schools including Northwood Elementary School, Royal Oak Middle School, and Royal Oak High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2016
Sold by
Gervasi Leonard and Wire Karen L
Bought by
Zdanio Steven and Roeschke Jaclyn
Current Estimated Value
$551,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,700
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 1999
Sold by
Norris Charles E
Bought by
Gervasi Leonard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.15%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Zdanio Steven $303,000 First American Title Ins Co
Gervasi Leonard $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Zdanio Steven $238,400
Closed Zdanio Steven $272,700
Previous Owner Gervasi Leonard $313,000
Previous Owner Gervasi Leonard $130,000
Source: Public Records

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 $4,446 $188,070 $0 $0
2022 $5,253 $164,570 $0 $0
2020 $4,321 $146,210 $0 $0
2018 $5,253 $124,800 $0 $0
2017 $5,123 $124,800 $0 $0
2015 -- $116,550 $0 $0
2014 -- $104,130 $0 $0
2011 -- $90,740 $0 $0
Source: Public Records

Map

Michigan Oakland County Royal Oak 48073

502 Magnolia Ave, Royal Oak, MI

This home is located at 502 Magnolia Ave, Royal Oak, MI 48073 and is currently estimated at $551,707, approximately $286 per square foot. 502 Magnolia Ave is a home located in Oakland County with nearby schools including Northwood Elementary School, Royal Oak Middle School, and Royal Oak High School.

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