NOT LISTED FOR SALE

502 W Bloomfield Ave Royal Oak, MI 48073

Estimated Value: $385,000 - $417,000

4 Beds
2.5 Baths
1,240 Sq Ft
$325/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $229,900 $185 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,446/month

43 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 2 Car Detached Garage
  • Royal Oak High School Rated 9+
  • No HOA
  • Porch

About This Home

As of October 2016

Very well maintained 4 bedroom, 2.5 bath home in North Royal Oak. Hardwood floors in LR & Bedrooms. LR is wired for surround sound. 4th bedroom currently being used as dining room, but can easily be changed back to a bedroom. Large updated kitchen with eat-in area. Updated main bath. Master suite with bath and oversized closet. Finished basement features large rec room, 1/2 bath, office, large laundry room, and spacious utility / storage room. SS refrigerator in basement is included. Backyard features a very large deck and a 2 1/2 car garage with extra storage. Close to park and all schools.

Last Agent to Sell the Property

Thomas Gorecki

RE/MAX Partners, Inc License #6501305949 Listed on: 07/26/2016

Last Buyer's Agent

Kelly Finley

New Century REALTORS® License #6501361260

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1956

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x113
  • Fenced

Home Design

  • 1,240 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Utilities

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

Additional Features

  • Finished Basement

Community Details

  • No Home Owners Association
  • Beverly Woods Sub No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2509227013

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,991

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier
  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2468
  • Sq Ft Lower Floor: 1228
  • Total Sq Ft: 1240
  • Sq Ft Total Bsmt: 1228

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 50
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Door Opener, Electricity
  • 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

  • Homestead: Yes
  • List Price per Acre: 1768461.5385
  • Lot Size Area: 0.13
  • Lot Dimensions: 50X113
  • Parcel Number: 2509227013

Tax Info

  • Tax Amount Summer: 3209.0000
  • Tax Amount Winter: 782.0000
  • Total Tax: 3991.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2016
Closed on
Oct 5, 2016
Sold by
King Timothy and King Heather
Bought by
Weatherspoon Richard B and Weatherspoon Patricia M
Seller's Agent
Thomas Gorecki
RE/MAX Partners, Inc
Buyer's Agent
Kelly Finley
New Century REALTORS®
List Price
$265,000
Sold Price
$229,900
Premium/Discount to List
-$35,100
-13.25%
Current Estimated Value
$403,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,253
Avg. Annual Appreciation
6.41%
Original Mortgage
$218,405
Outstanding Balance
$175,314
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$227,839

Purchase Details

Listed on
Aug 1, 2014
Closed on
Sep 11, 2014
Sold by
Chrzan Nicholas
Bought by
King Timothy and King Heather
Seller's Agent
Diane Martin
Remerica Hometown One
Buyer's Agent
Michele Safford
RE/MAX Home Sale Services
List Price
$229,500
Sold Price
$218,000
Premium/Discount to List
-$11,500
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.60%
Original Mortgage
$85,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2011
Sold by
Tieu Quang V and Tieu Diana
Bought by
Chrzan Nicholas

Purchase Details

Closed on
May 30, 2000
Sold by
Fitzpatrick Stephen P
Bought by
Tieu Quang

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
8.56%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Weatherspoon Richard B $229,900 Partners Title Agency Llc
King Timothy $218,000 Hometown One Title Agency Ll
Chrzan Nicholas $153,500 Capital Title Ins Agency
Tieu Quang $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weatherspoon Richard B $218,405
Previous Owner King Timothy $85,000
Previous Owner Tieu Quang $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2016 10/07/16 Sold $229,900 0.0% $185 / Sq Ft
09/07/2016 09/07/16 Pending -- -- --
09/03/2016 09/03/16 Price Changed $229,900 -1.3% $185 / Sq Ft
08/24/2016 08/24/16 Price Changed $232,900 -2.9% $188 / Sq Ft
08/16/2016 08/16/16 Price Changed $239,900 -2.1% $193 / Sq Ft
08/10/2016 08/10/16 Price Changed $245,000 -2.0% $198 / Sq Ft
08/06/2016 08/06/16 Price Changed $249,900 -3.8% $202 / Sq Ft
08/02/2016 08/02/16 Price Changed $259,900 -1.9% $210 / Sq Ft
07/26/2016 07/26/16 For Sale $265,000 +21.6% $214 / Sq Ft
09/11/2014 09/11/14 Sold $218,000 -5.0% $176 / Sq Ft View Prior Sale
08/05/2014 08/05/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $229,500 -- $185 / 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 $3,776 $144,730 $0 $0
2022 $4,462 $125,950 $0 $0
2020 $3,670 $116,190 $0 $0
2018 $4,462 $112,050 $0 $0
2017 $4,600 $112,050 $0 $0
2015 -- $94,440 $0 $0
2014 -- $86,590 $0 $0
2011 -- $74,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Thomas Gorecki

    RE/MAX

  • Kelly Finley

    Buyer's Agent in 2016

    Kelly Finley

    New Century REALTORS®

    (248) 808-2525

    14 in this area

    175 Total Sales

    Kelly Finley
    Section Image

  • D

    Seller's Agent in 2014

    Diane Martin

    Remerica Hometown One

    Section Image
  • Michele Safford

    Buyer's Agent in 2014

    Michele Safford

    RE/MAX of Southeast Michigan

    (248) 912-8929

    Michele Safford
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 216074556

Realcomp

APN: 25-09-227-013

Michigan Oakland County Royal Oak 48073

502 W Bloomfield Ave, Royal Oak, MI

This home is located at 502 W Bloomfield Ave, Royal Oak, MI 48073 since 26 July 2016 and is currently estimated at $403,153, approximately $325 per square foot. This property was built in 1956. 502 W Bloomfield Ave is a home located in Oakland County with nearby schools including Addams Elementary, 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

Nearby Homes