NOT LISTED FOR SALE

505 E Farnum Ave Royal Oak, MI 48067

Estimated Value: $544,669 - $746,000

3 Beds
2.5 Baths
1,989 Sq Ft
$316/Sq Ft Est. Value

Last Sold October 22, 2013

Last sale price $370,000 $186 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,809/month

27 Days on Market

Highlights

  • Newly Remodeled
  • No HOA
  • Forced Air Heating and Cooling System
  • Royal Oak High School Rated 9+
  • Patio
  • Humidifier

About This Home

As of October 2013

Walk to downtown from this unique custom home. Craftsman style w/ stone front porch, standing seam porch roof, exposed agg patio, fence, landscaping. Custom kitchen w/ built in range hood, upgraded appliances, granite tops, full backsplash. Large master w/ lots of light, master bath has marble tile, shower seat, euro door, and walk in closet. Laundry room on 2nd floor, Hardwood floor throughout, hardwood steps, 8ft tall doors, agent owned

Last Agent to Sell the Property

Tony Mcguckin

KW Domain License #6501358016 Listed on: 07/26/2013

KW Domain

Last Buyer's Agent

Shaun Nyeholt

Good Company License #RCO-6501356192

Good Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2013 | Newly Remodeled

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30x00
  • Fenced

Parking

  • 1 Car Garage

Home Design

  • Stone Siding

Interior Spaces

  • 1,989 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Sump Pump

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

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

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 2515332025

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,113

Year Built

Built in 2013 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Level: 3 Story
  • Assessment: YES
  • Year Built: 2013
  • Foundation Features: Sump Pump
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Humidifier
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1989
  • Total Sq Ft: 1989
  • Sq Ft Total Bsmt: 680

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Stone
  • Construction Features: New Construction
  • Exterior Features: Fenced, Lighting
  • Porch Type: Patio
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • Garage Size: 1 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • 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: 5414286.0000
  • Lot Size Area: 0.07
  • Lot Dimensions: 30X00
  • Parcel Number: 2515332025

Tax Info

  • Tax Amount Summer: 1937.0000
  • Tax Amount Winter: 176.0000
  • Total Tax: 2113.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2015
Sold by
Frank John and Frank Marie
Bought by
Frank Nicholas D
Current Estimated Value
$628,917

Purchase Details

Listed on
Jul 26, 2013
Closed on
Oct 17, 2013
Sold by
Mcg Development Llc
Bought by
Frank John
Seller's Agent
Tony Mcguckin
KW Domain
Buyer's Agent
Shaun Nyeholt
Good Company
List Price
$383,750
Sold Price
$370,000
Premium/Discount to List
-$13,750
-3.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%

Purchase Details

Closed on
Oct 15, 2012
Sold by
Wissner Shaun
Bought by
Mcguckin Tomy

Purchase Details

Closed on
Jun 13, 2008
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Dec 11, 2007
Sold by
Garbe Cheryl K
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 28, 2000
Sold by
Kline John
Bought by
Garbe Cheryl K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,765
Interest Rate
7.96%

Purchase Details

Closed on
Dec 30, 1999
Sold by
Kline John
Bought by
Kline John

Purchase Details

Closed on
Apr 30, 1996
Sold by
Kline Fern W
Bought by
Kline Fern W
Source: Public Records

Range of Values:

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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
Frank Nicholas D $350,000 Title One Inc
Frank John $370,000 Title One Inc
Mcg Development Llc -- Title One Inc
Mcguckin Tomy $75,000 Chirco Title Agency Inc
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $87,212 None Available
Garbe Cheryl K $85,400 --
Kline John -- --
Kline Fern W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garbe Cheryl K $84,765
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2013 10/22/13 Sold $370,000 -3.6% $186 / Sq Ft
08/22/2013 08/22/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $383,750 -- $193 / 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 $5,698 $217,320 $0 $0
2022 $6,732 $195,580 $0 $0
2020 $5,537 $179,970 $0 $0
2018 $6,732 $163,640 $0 $0
2017 $6,470 $163,640 $0 $0
2015 -- $146,040 $0 $0
2014 -- $142,870 $0 $0
2011 -- $36,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Tony Mcguckin

    KW Domain

    (248) 941-5178

    6 Total Sales

    Tony Mcguckin
    Section Image

  • S

    Buyer's Agent in 2013

    Shaun Nyeholt

    Good Company

    (248) 733-5811

    3 Total Sales

    Shaun Nyeholt
    Section Image
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Map

Source: Realcomp

MLS Number: 213074697

Realcomp

APN: 25-15-332-025

Michigan Oakland County Royal Oak 48067

505 E Farnum Ave, Royal Oak, MI

This home is located at 505 E Farnum Ave, Royal Oak, MI 48067 since 26 July 2013 and is currently estimated at $628,917, approximately $316 per square foot. This property was built in 2013. 505 E Farnum Ave is a home located in Oakland County with nearby schools including Keller Elementary, Royal Oak Middle School, and Royal Oak High School.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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