NOT LISTED FOR SALE

503 Knowles St Royal Oak, MI 48067

Estimated Value: $504,000 - $660,000

3 Beds
2 Baths
1,523 Sq Ft
$370/Sq Ft Est. Value

Last Sold January 12, 2022

Last sale price $503,000 $330 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,526/month

2 Days on Market

Highlights

  • Tudor Architecture
  • No HOA
  • Stainless Steel Appliances
  • Royal Oak High School Rated 9+
  • Covered Patio or Porch
  • 3-minute walk to Grant Park

About This Home

As of January 2022

MULTIPLE OFFERS RECEIVED. HIGEST & BEST DUE BY 6PM SUNDAY, 1/9. LOCATION, LOCATION, LOCATION! Stunning english tudor combines the character/charm of the 1920's w a COMPLETE remodel, all within 2 blocks of downtown! Without question, this home features one of the most popular & talked about front porches in the city! Sellers enjoyed a TRUE 2 block WALK to Grant & Centennial parks, Farmer's Market, Emagine theatre, CVS, ACE, and all the restaurants/bars/shops downtown has to offer. Just completed in 2021-James Hardie stucco/cedar/siding/trim, front door, gutters. 2020-furnace, light fixtures, finished basement (2 additional bedrooms/office). 2018-covered porch w copper roof, EXTENSIVE landscaping/lighting. 2016-kitchen, bathrooms, driveway/patio, cedar fence, garage door, windows, a/c, doors, copper gas lantern. Refinished hardwood flooring t/o. Home office w tons of windows and natural light. Dual backyards separated by garage (one landscaped, one hardscaped). Agent owned. BATVAI.

Last Agent to Sell the Property

James Orr

RE/MAX First License #6501360148 Listed on: 01/06/2022

RE/MAX First

Last Buyer's Agent

Kim Elliott

KW Metro License #RCO

KW Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1927 | Remodeled in 2016

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 43.00x137.00
  • Fenced

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Shingle Siding
  • Stucco
  • Cedar

Interior Spaces

  • 1,523 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Finished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Knowles & Lawson Plat No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522176001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,773

Year Built

Built in 1927 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Tudor
  • Architecture Level: 2 Story
  • Year Built: 1927
  • State Equalized Value: 149430.0000
  • Year Renovated: 2016
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 2366
  • Sq Ft Lower Floor: 843
  • Total Sq Ft: 1523
  • Sq Ft Total Bsmt: 843

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Cedar, Stucco, Shingle Siding
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 43
  • Porch Type: Balcony, Porch - Covered, Patio, Porch, Patio - Covered
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.14
  • Lot Dimensions: 43.00X137.00
  • Parcel Number: 2522176001

Tax Info

  • Tax Amount Summer: 2789.0000
  • Tax Amount Winter: 984.0000
  • Total Tax: 3773.0000
  • Taxable Value: 87550.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2022
Closed on
Jan 14, 2022
Sold by
Orr James P
Bought by
Dumas Richard
Seller's Agent
James Orr
RE/MAX First
Buyer's Agent
Kim Elliott
KW Metro
List Price
$449,000
Sold Price
$503,000
Premium/Discount to List
$54,000
12.03%
Current Estimated Value
$564,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,112
Avg. Annual Appreciation
2.63%

Purchase Details

Listed on
Oct 23, 2015
Closed on
Nov 23, 2015
Sold by
Orr James Arthur
Bought by
Orr James P
Seller's Agent
James Orr
RE/MAX Vision
Buyer's Agent
James Orr
RE/MAX Vision
List Price
$299,000
Sold Price
$236,000
Premium/Discount to List
-$63,000
-21.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.12%

Purchase Details

Closed on
Jul 16, 2008
Sold by
Orr Lee Ann
Bought by
Orr James Arthur
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
Dumas Richard $503,000 None Listed On Document
Orr James P $236,000 Abstract Title Agency
Orr James Arthur -- Abstract Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orr James P $307,200
Previous Owner Orr James P $230,000
Previous Owner Orr James P $260,000
Previous Owner Orr James P $226,000
Previous Owner Orr James A $85,400
Previous Owner Orr James Arthur $92,000
Previous Owner Orr James $11,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2022 01/12/22 Sold $503,000 +12.0% $330 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $449,000 +90.3% $295 / Sq Ft
11/24/2015 11/24/15 Sold $236,000 -21.1% $160 / Sq Ft
10/30/2015 10/30/15 Pending -- -- --
10/23/2015 10/23/15 For Sale $299,000 -- $202 / 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 $6,252 $217,300 $0 $0
2022 $3,462 $159,310 $0 $0
2020 $6,075 $139,560 $0 $0
2018 $3,462 $109,070 $0 $0
2017 $4,135 $109,070 $0 $0
2015 -- $96,190 $0 $0
2014 -- $81,070 $0 $0
2011 -- $77,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Orr

    Seller's Agent in 2022

    James Orr

    RE/MAX of Southeast Michigan

    (248) 379-8902

    47 in this area

    149 Total Sales

    James Orr
    Section Image

  • K

    Buyer's Agent in 2022

    Kim Elliott

    KW Metro

    (248) 733-5124

    5 in this area

    8 Total Sales

    Kim Elliott
    Section Image
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Map

Source: Realcomp

MLS Number: 2210102094

Realcomp

APN: 25-22-176-001

Michigan Oakland County Royal Oak 48067

503 Knowles St, Royal Oak, MI

This home is located at 503 Knowles St, Royal Oak, MI 48067 since 06 January 2022 and is currently estimated at $564,112, approximately $370 per square foot. This property was built in 1927. 503 Knowles St is a home located in Oakland County with nearby schools including Keller 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.

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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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