NOT LISTED FOR SALE

502 S Laurel St Royal Oak, MI 48067

Estimated Value: $568,000 - $634,000

4 Beds
1.5 Baths
1,979 Sq Ft
$300/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $530,000 $268 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,743/month

17 Days on Market

Highlights

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

About This Home

As of July 2022

* HIGHEST & BEST 9PM EST ON TUES 5/24 * CRAFTSMAN HOME steps from Downtown Royal Oak in PREMIERE NEIGHBORHOOD combines VINTAGE CHARM w/TODAY'S MODERN UPDATES! REMODELED GOURMET KITCHEN has upscale white shaker-style cabinetry w/soft-close drawers, STAINLESS STEEL APPLIANCES & Quartz Counters is OPEN TO THE FORMAL DINING ROOM + STYLISH NEW FIXTURES + 1st Floor OFFICE SPACE (also ideal play room!) + FULLY RENOVATED 1st FLOOR POWDER ROOM & 2ND FLR FULL BATH + FIREPLACE w/MANTLE & BUILT-INS in LIVING RM + HARDWOOD FLRS + Beautiful Staircase w/original Craftsman Banister & mid-staircase landing w/charming BUILT-IN window storage bench + 4 SPACIOUS BEDROOMS Upstairs + 2nd FLOOR LAUNDRY ROOM + Stairs to 3rd Floor Attic for add'l storage plus future potential + BASEMENT w/FINISHED SPACE ideal for rec room plus WORKSHOP AREA & storage + FULLY UPDATED MECHANICALS include: TANKLESS HOT WATER HEATER, CIRCUIT BREAKERS + PLUMBING & more! NEW 2.5 CAR GARAGE + Fenced Backyard w/Patio + 2 PORCHES

Last Agent to Sell the Property

Andrea Carollo

Max Broock, REALTORS®-Birmingham License #6501315679 Listed on: 05/21/2022

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Gail Linden

RE/MAX Classic License #6502107878

RE/MAX Classic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 52.00x120.00
  • Fenced

Home Design

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

Interior Spaces

  • 1,979 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Ceiling Fan
  • Living Room with Fireplace
  • Partially Finished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2.5 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
  • Tankless Water Heater
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Hendrie Boulevard Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2521211019

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,455

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial, Craftsman
  • Architecture Level: 2 Story
  • Year Built: 1925
  • State Equalized Value: 177370.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Bar Fridge
  • Sq Ft Combined: 2229
  • Sq Ft Lower Floor: 250
  • Total Sq Ft: 1979
  • Sq Ft Total Bsmt: 857

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Cedar
  • Exclusions: Yes
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 52
  • Porch Type: Porch - Covered, Patio, Porch, Patio - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Electricity, Door Opener, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas, Tankless
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.14
  • Lot Dimensions: 52.00X120.00
  • Parcel Number: 2521211019

Tax Info

  • Tax Amount Summer: 4413.0000
  • Tax Amount Winter: 1042.0000
  • Total Tax: 5455.0000
  • Taxable Value: 131160.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
Jul 7, 2022
Sold by
Sanders John and Sanders Nicole
Bought by
Schwartz Mallory
Seller's Agent
Andrea Carollo
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Gail Linden
RE/MAX Classic
List Price
$525,000
Sold Price
$530,000
Premium/Discount to List
$5,000
0.95%
Current Estimated Value
$593,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,958
Avg. Annual Appreciation
3.53%
Original Mortgage
$477,000
Outstanding Balance
$449,207
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$144,751

Purchase Details

Closed on
Jun 26, 2017
Sold by
Sanders William P and Sanders Donna M
Bought by
Sanders John and Sanders Nicole

Purchase Details

Closed on
Nov 19, 2015
Sold by
Duncan Paul and Duncan Kathryn
Bought by
Sanders William P and Sanders Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
3.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 14, 2015
Sold by
Duncan Kathryn and Duncan John Roger
Bought by
Duncan Kathryn and Duncan Paul
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
Schwartz Mallory $530,000 None Listed On Document
Schwartz Mallory $530,000 None Listed On Document
Sanders John $235,000 None Listed On Document
Sanders William P $235,000 None Available
Sanders John $235,000 Attorney
Duncan Kathryn -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Mallory $477,000
Previous Owner Sanders John $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2022 07/07/22 Sold $530,000 +1.0% $268 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $525,000 -- $265 / 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 $7,096 $245,750 $0 $0
2022 $5,186 $186,840 $0 $0
2020 $6,896 $165,700 $0 $0
2018 $5,186 $128,280 $0 $0
2017 $4,559 $128,280 $0 $0
2015 -- $109,480 $0 $0
2014 -- $92,530 $0 $0
2011 -- $95,760 $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

    175 Total Sales

    Andrea Carollo
    Section Image
  • Gail Linden

    Buyer's Agent in 2022

    Gail Linden

    RE/MAX

    (248) 225-4588

    2 in this area

    13 Total Sales

    Gail Linden
    Section Image
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Map

Source: Realcomp

MLS Number: 2220038334

Realcomp

APN: 25-21-211-019

Michigan Oakland County Royal Oak 48067

502 S Laurel St, Royal Oak, MI

This home is located at 502 S Laurel St, Royal Oak, MI 48067 since 21 May 2022 and is currently estimated at $593,958, approximately $300 per square foot. This property was built in 1925. 502 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
Copyright 2025 Realcomp II Ltd. Shareholders
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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