NOT LISTED FOR SALE

503 Cherry Ave Royal Oak, MI 48073

Estimated Value: $240,000 - $324,000

2 Beds
1 Bath
884 Sq Ft
$302/Sq Ft Est. Value

Highlights

  • Ranch Style House
  • Corner Lot
  • 2 Car Detached Garage
  • Northwood Elementary School Rated A-
  • No HOA
  • 3-minute walk to Hamer Finch Wilkins Park

About This Home

As of February 2021

Wonderful corner lot ranch with newer windows, hardwood floors, bright kitchen with new granite and tile backsplash, new complete and HGTV worthy bathroom remodel, newer window blinds, large 2+ garage and fenced yard. Very close to Waterworks park and Northwood Elementary School. Fantastic neighborhood and perfect starter home. 12 months min lease term with $2250.00 sec deposit. Tenant responsible for $40.00 online application. No pets. Unit available immediately.

Last Agent to Rent the Property

Brian Butterfield

KW Metro License #6501337180 Listed on: 12/09/2020

KW Metro

Last Renter's Agent

Kenneth Casida

National Realty Centers, Inc License #6501397693

National Realty Centers, Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946 | Remodeled in 2017

Lot Details

  • Lot Dimensions are 50 x 140
  • Fenced
  • Corner Lot

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 884 Sq Ft Home
  • Crawl Space

Kitchen

  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Forest Heights Subdivision

Listing and Financial Details

  • Security Deposit $2,250
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 40.00
  • Assessor Parcel Number 2509457010

Home Details

Home Type

Single Family

Year Built

Built in 1946 | Remodeled in 2017

Lot Details

0

Rental Info

  • Application Fee: 40.00
  • Lease Type: Single Family House
  • Security Deposit: 2250.00
  • Tenant Amenities: Laundry In-Unit

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1946
  • Year Renovated: 2017
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Disposal, Dryer, Microwave, Washer
  • Total Sq Ft: 884

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Construction Features: Platted Sub.
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Porch Type: Patio
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

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

Fee Information

  • Additional Fee: 100.00

Lot Info

  • Lot Features: Corner Lot
  • Lot Dimensions: 50 X 140
  • Parcel Number: 2509457010

Multi Family

  • Length of Lease: 12 Months, 13-24 Months

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2003
Sold by
Berry Katie L
Bought by
Yankee Llc
Current Estimated Value
$266,776

Purchase Details

Closed on
Jul 14, 2000
Sold by
Maclean Sandra G
Bought by
Berry Katie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,008
Interest Rate
8.27%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yankee Llc $132,000 Metropolitan Title Company
Berry Katie L $114,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berry Katie L $113,008
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Rented $1,500 0.0% --
01/19/2021 01/19/21 For Rent $1,500 0.0% --
01/16/2021 01/16/21 Under Contract -- -- --
12/09/2020 12/09/20 For Rent $1,500 0.0% --
05/26/2020 05/26/20 Rented $1,500 0.0% --
05/24/2020 05/24/20 Under Contract -- -- --
05/07/2020 05/07/20 For Rent $1,500 +7.1% --
04/09/2018 04/09/18 Rented $1,400 0.0% --
03/04/2018 03/04/18 Under Contract -- -- --
02/24/2018 02/24/18 For Rent $1,400 -- --
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
2025 $3,164 $110,170 $0 $0
2024 $2,640 $101,310 $0 $0
2022 $2,880 $87,930 $0 $0
2020 $2,547 $79,790 $0 $0
2018 $2,880 $69,100 $0 $0
2017 $2,616 $69,100 $0 $0
2015 -- $58,850 $0 $0
2014 -- $54,590 $0 $0
2011 -- $50,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200098467

Realcomp

APN: 25-09-457-010