NOT LISTED FOR SALE

505 S Edgeworth Ave Royal Oak, MI 48067

Estimated Value: $266,244 - $286,000

3 Beds
1 Bath
910 Sq Ft
$304/Sq Ft Est. Value

Last Sold January 20, 2021

Last sale price $210,000 $231 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,762/month

11 Days on Market

Highlights

  • Ground Level Unit
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Bungalow
  • Fenced

About This Home

As of January 2021

Amazing opportunity awaits new owner on this adorable Bungalow in popular Royal Oak! Many costly updates have been done: New Siding and Sod 2010~New High Efficiency Furnace and HWH 2014~ New Roof/ Gutter Guards and Complete Rebuild of Chimney 2019~ New Copper Plumbing 2020~ New Driveway 2020~
Electrical Panel Updated w/ whole house surge protector. Hardwood floors on first floor, and upstairs under carpeting. Oversized garage. Easy access to Downtown Royal Oak and Freeways. Tons of potential, hurry! **Buyers and Buyer Agents must follow the Governor’s safety guidelines for viewing a property. See “This Home’s Protocol” uploaded in docs.**

Last Agent to Sell the Property

Robin Wilson

Real Estate One-Troy License #6501301127 Listed on: 12/16/2020

Real Estate One-Troy

Last Buyer's Agent

Tim Urso

National Realty Centers, Inc License #RCO-6501394377

National Realty Centers, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00x124.00
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 910 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Kitchen

  • Free-Standing Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Rain Gutter Guard System
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Home Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2523155012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,526

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1940
  • State Equalized Value: 84830.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dryer, Microwave, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 910
  • Total Sq Ft: 910
  • Sq Ft Total Bsmt: 728

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced, Gutter Guard System
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air, Wall Unit(s)
  • 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

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1909090.9091
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X124.00
  • Parcel Number: 2523155012

Tax Info

  • Tax Amount Summer: 1976.0000
  • Tax Amount Winter: 550.0000
  • Total Tax: 2526.0000
  • Taxable Value: 61650.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2020
Closed on
Jan 19, 2021
Sold by
Baker Thomas E and Baker Judy
Bought by
Chevalier Andrew
Seller's Agent
Robin Wilson
Real Estate One-Troy
Buyer's Agent
Tim Urso
National Realty Centers, Inc
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$276,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,311
Avg. Annual Appreciation
5.86%
Original Mortgage
$178,500
Outstanding Balance
$161,206
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$111,658

Purchase Details

Closed on
Nov 13, 1998
Sold by
Wright Charles T
Bought by
Baker Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.76%
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
Chevalier Andrew $210,000 None Available
Baker Thomas E $127,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chevalier Andrew $178,500
Previous Owner Baker Thomas E $160,000
Previous Owner Baker Thomas E $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 Sold $210,000 0.0% $231 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
12/16/2020 12/16/20 For Sale $210,000 -- $231 / 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 $3,072 $106,130 $0 $0
2022 $3,631 $94,860 $0 $0
2020 $2,986 $84,830 $0 $0
2018 $3,631 $71,930 $0 $0
2017 $2,376 $71,930 $0 $0
2015 -- $65,000 $0 $0
2014 -- $60,050 $0 $0
2011 -- $56,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200100538

Realcomp

APN: 25-23-155-012