NOT LISTED FOR SALE

503 Forest Ave Royal Oak, MI 48067

Estimated Value: $608,000 - $643,000

3 Beds
2.5 Baths
2,333 Sq Ft
$269/Sq Ft Est. Value

Sale Details

Date Sold: November 29, 2023

Last sale price $545,000 $234 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,030 / mo

17 Days on Market

Highlights

  • Spa
  • Colonial Architecture
  • No HOA
  • Keller Elementary Rated A-
  • Deck
  • Enclosed Patio or Porch

About This Home

As of November 2023

Craftsman style colonial offering classic touches combined with modern amenities! Ideal location within walking distance of Downtown Royal Oak! Home features 2005 addition adding huge family room with built in cabinets & half bath, primary suite with full bath, walk in closet, & vaulted ceilings, along with additional basement sqft. 2020 addition featured a large 3 season room & Michael Phelps swim spa for year round enjoyment. Other ameneties include upgraded kitchen with included stainless steel appliances; Formal dining room; 1st floor laundry; Enclosed front porch; Hardwood floors; Arched doorways; Open staircase; Fresh paint & new lighting throughout; New carpet; Granite bathrooms; 2nd floor balcony; Sprinkler system; Fenced corner lot with 2 car garage; Rear deck perfect for grilling; and much more! Schedule a showing today and experience all the charm and convenience this property has to offer!

Last Agent to Sell the Property

Gary DeGrandchamp

Real Estate One-Northville License #6501321038 Listed on: 10/19/2023

Real Estate One-Northville

Last Buyer's Agent

Sandra Mazzarantani

Real Broker, LLC Berkley License #6501447527

Real Broker, LLC Berkley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1917

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50.00 x 149.00
  • Fenced

Home Design

  • Colonial Architecture
  • Craftsman Architecture
  • Block Foundation
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,333 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Sump Pump

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2515329013
  • $4,000 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Assr's Plat No 2 Royal Oak Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,157

Year Built

Built in 1917

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial, Craftsman
  • Architecture Level: 2 Story
  • Year Built: 1917
  • State Equalized Value: 234260.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Circuit Breakers, Spa/Hot-tub
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer
  • Total Sq Ft: 2333

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block, Poured
  • Porch Type: Balcony, Porch - Covered, Deck, Porch - Enclosed, Porch
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Side Entrance, 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
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.17
  • Lot Dimensions: 50.00 x 149.00
  • Parcel Number: 2515329013

Tax Info

  • Tax Amount Summer: 7024.0000
  • Tax Amount Winter: 1133.0000
  • Total Tax: 8157.0000
  • Taxable Value: 234260.0000

MLS Schools

  • School District: Royal Oak

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Nov 29, 2023
Sold by
Bought by
Seller's Agent
Gary DeGrandchamp
Real Estate One-Northville
Buyer's Agent
Sandra Mazzarantani
Real Broker, LLC Berkley
List Price
$549,900
Sold Price
$545,000
Premium/Discount to List
-$4,900
-0.89%
Views
447
Current Estimated Value
$630,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,445
Avg. Annual Appreciation
5.59%
Original Mortgage
$545,000
Interest Rate
0.0725%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2022
Closed on
Aug 5, 2022
Sold by
Bought by
Seller's Agent
Karen Greenwood
Coldwell Banker Professionals-Birm
Buyer's Agent
Robert Drescher
List Price
$515,000
Sold Price
$505,000
Premium/Discount to List
-$10,000
-1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$479,750
Interest Rate
0.0551%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 29, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,700
Interest Rate
0.0624%
Mortgage Type
Unknown
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$545,000 Capital Title
$505,000 None Listed On Document
$333,000 Capital Title Ins Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $386,000
Closed $545,000
Closed $479,750
Closed $479,750
Closed $200,000
Closed $252,695
Closed $65,000
Closed $278,000
Closed $299,700
Closed $152,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2023 11/29/23 Sold $545,000 -0.9% $234 / Sq Ft
11/05/2023 11/05/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $549,900 +8.9% $236 / Sq Ft
08/11/2022 08/11/22 Sold $505,000 -1.5% $216 / Sq Ft View Prior Sale
07/14/2022 07/14/22 Pending -- -- --
06/18/2022 06/18/22 Price Changed $512,500 -0.5% $220 / Sq Ft
05/22/2022 05/22/22 For Sale $515,000 -- $221 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,482 $270,790 $0 $0
2024 $7,309 $248,680 $0 $0
2022 $4,964 $185,710 $0 $0
2020 $7,024 $170,520 $0 $0
2018 $4,964 $145,450 $0 $0
2017 $4,454 $145,450 $0 $0
2015 -- $131,270 $0 $0
2014 -- $125,690 $0 $0
2011 -- $99,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gary DeGrandchamp

    Seller's Agent in 2023

    Gary DeGrandchamp

    Real Estate One

    (313) 530-8376

    162 Total Sales

    Gary DeGrandchamp
    Section Image
  • Sandra Mazzarantani

    Buyer's Agent in 2023

    Sandra Mazzarantani

    Real Broker, LLC Berkley

    (248) 515-9664

    45 Total Sales

    Sandra Mazzarantani
    Section Image

  • K

    Seller's Agent in 2022

    Karen Greenwood

    Coldwell Banker Professionals-Birm

    Section Image
  • Robert Drescher

    Buyer's Agent in 2022

    Robert Drescher

    (586) 596-2110

    140 Total Sales

    Robert Drescher
    Section Image
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Map

Source: Realcomp

MLS Number: 20230089660

Realcomp

APN: 25-15-329-013

Michigan Oakland County Royal Oak 48067

503 Forest Ave, Royal Oak, MI

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 2026 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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