NOT LISTED FOR SALE

503 Walnut Ave Royal Oak, MI 48073

Royal Oak Area

Estimated Value: $857,000 - $969,000

4 Beds
3.5 Baths
2,600 Sq Ft
$354/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2019

Last sale price $725,000 $279 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,937 / mo

4 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • Covered Patio or Porch
  • Northwood Elementary School Rated A-
  • No HOA
  • 3-minute walk to Hamer Finch Wilkins Park

About This Home

As of June 2019

Gorgeous Farhat Family Homes build w/professionally finished lower level! Kitchen/baths/laundry w/solid wood cabinetry, soft close doors/drawers. Kitchen features breakfast bar, pan dividers, garbage pull-out, roll-outs & under cabinet lighting. French Door counter-depth refrigerator, stainless dishwasher w/top mounted controls, drawer microwave, slide-in stainless stove w/hood fan. Gas fireplace w/floor to ceiling stacked stone. Master bedroom suite featuring huge walk-in-closet, large shower w/dual shower heads & Euro glass shower door. 1st floor laundry w/large capacity washer/dryer. Solid wood doors & trim. Granite/marble counter-tops & under mount sinks through-out. 3 car attached garage. Beautiful landscaped yard w/irrigation system, new limestone patio & electric gate. Plantation shutters throughout. Family room, 4th bedroom and 3rd full bathroom in lower level features quartz counters, walk-in shower w/Euro glass & wood plank tile. External outlet for generator hookup.

Last Agent to Sell the Property

John Farhat

Good Company License #6501349205 Listed on: 05/16/2019

Good Company

Last Buyer's Agent

Kathy Manoogian

Coldwell Banker Professionals-Birm License #6501337892

Coldwell Banker Professionals-Birm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2017

Lot Details

  • Lot Dimensions are 50x140
  • Fenced
  • Corner Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Finished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

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

Listing and Financial Details

  • Assessor Parcel Number 2509455013

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,662

Year Built

Built in 2017

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2017
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 2600

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Composition
  • Exclusions: Yes
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Poured
  • Porch Type: Patio, Porch - Covered
  • Road Frontage Type: Pub. Sidewalk
  • Sideof Street: S

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • 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: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Features: Corner Lot
  • Lot Dimensions: 50X140
  • Parcel Number: 2509455013

Tax Info

  • Tax Amount Summer: 516.9000
  • Tax Amount Winter: 2145.4200
  • Total Tax: 2662.3200

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
May 16, 2019
Closed on
Jun 27, 2019
Sold by
Bought by
Seller's Agent
John Farhat
Good Company
Buyer's Agent
Kathy Manoogian
Coldwell Banker Professionals-Birm
List Price
$719,900
Sold Price
$725,000
Premium/Discount to List
$5,100
0.71%
Current Estimated Value
$920,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,855
Avg. Annual Appreciation
3.44%
Original Mortgage
$725,000
Interest Rate
0.0387%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 22, 2017
Closed on
Jun 16, 2017
Sold by
Bought by
Seller's Agent
John Farhat
Good Company
Buyer's Agent
Christine Winans
Berkshire Hathaway HomeServices Kee Realty Bham
List Price
$599,000
Sold Price
$599,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%
Original Mortgage
$419,300
Interest Rate
0.0405%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2016
Closed on
Jul 29, 2016
Sold by
Bought by
Seller's Agent
Christine Johnson
Max Broock, REALTORS®-Rochester
Buyer's Agent
John Farhat
KW Metro
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
382.32%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$725,000 First American Title
$599,000 First American Title Insuran
$150,000 Liberty Title
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
Open $715,500
Closed $725,000
Previous Owner $40,000
Previous Owner $419,300
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
06/27/2019 06/27/19 Sold $725,000 +0.7% $279 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $719,900 +20.2% $277 / Sq Ft
06/16/2017 06/16/17 Sold $599,000 0.0% $230 / Sq Ft View Prior Sale
05/23/2017 05/23/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $599,000 +299.3% $230 / Sq Ft
07/29/2016 07/29/16 Sold $150,000 -5.7% $135 / Sq Ft View Prior Sale
06/20/2016 06/20/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $159,000 -- $143 / 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 $11,034 $419,080 $0 $0
2024 $10,778 $385,030 $0 $0
2022 $12,735 $345,970 $0 $0
2020 $10,473 $317,590 $0 $0
2018 $12,735 $25,100 $0 $0
2017 $1,420 $25,100 $0 $0
2015 -- $76,870 $0 $0
2014 -- $74,990 $0 $0
2011 -- $61,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Farhat

    Seller's Agent in 2019

    John Farhat

    Good Company

    (248) 644-6300

    128 Total Sales

    John Farhat
    Section Image
  • Kathy Manoogian

    Buyer's Agent in 2019

    Kathy Manoogian

    Coldwell Banker Professionals-Birm

    (248) 515-8013

    56 Total Sales

    Kathy Manoogian
    Section Image
  • Christine Winans

    Buyer's Agent in 2017

    Christine Winans

    Berkshire Hathaway HomeServices Kee Realty Bham

    (248) 505-1704

    135 Total Sales

    Christine Winans
    Section Image

  • C

    Seller's Agent in 2016

    Christine Johnson

    Max Broock, REALTORS®-Rochester

    Section Image
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Map

Source: Realcomp

MLS Number: 219045137

Realcomp

APN: 25-09-455-013

Michigan Oakland County Royal Oak 48073

503 Walnut Ave, Royal Oak, MI

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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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