NOT LISTED FOR SALE

506 W Lincoln Ave Royal Oak, MI 48067

Estimated Value: $443,531 - $549,000

3 Beds
2.5 Baths
1,442 Sq Ft
$346/Sq Ft Est. Value

Last Sold July 22, 2019

Last sale price $343,000 $238 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,041/month

4 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Northwood Elementary School Rated A-
  • Covered Patio or Porch
  • 2 Car Garage

About This Home

As of July 2019

Fantastic Home in a Great Location!! Completely Renovated from top to bottom. Gorgeous updated Kitchen, Bathrooms, Hardwood floors, newer windows. Close to freeways - 696 & 75, 5 min walk to downtown Royal Oak. Oversized 2 car garage & more. A MUST SEE!

Last Agent to Sell the Property

Sandra McKolay

Preferred, Realtors® Ltd License #6501259459 Listed on: 06/06/2019

Preferred, Realtors® Ltd

Last Buyer's Agent

Michael Dungan

Beacon Real Estate Company License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1912

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 49 x 151
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,442 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association
  • Hendrie Boulevard Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2521257017

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,584

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 1442
  • Total Sq Ft: 1442
  • Sq Ft Total Bsmt: 759

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 49
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: 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

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2058235.2941
  • Lot Size Area: 0.17
  • Lot Dimensions: 49 x 151
  • Parcel Number: 2521257017

Tax Info

  • Tax Amount Summer: 3581.5500
  • Tax Amount Winter: 1001.9700
  • Total Tax: 4583.5200

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jul 22, 2019
Sold by
Lidster Brian
Bought by
Nita Aleksander Valerian Paris and Nita Melissa Ann
Seller's Agent
Sandra McKolay
Preferred, Realtors® Ltd
Buyer's Agent
Michael Dungan
Beacon Real Estate Company
List Price
$349,900
Sold Price
$343,000
Premium/Discount to List
-$6,900
-1.97%
Current Estimated Value
$498,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,383
Avg. Annual Appreciation
6.16%
Original Mortgage
$291,450
Outstanding Balance
$255,231
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$243,152

Purchase Details

Listed on
Apr 22, 2014
Closed on
May 30, 2014
Sold by
Root Peter Alexander and Root Peter G
Bought by
Lidster Brianna
Seller's Agent
Jennifer Turner
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Dan Dubensky
Skyward Real Estate
List Price
$259,000
Sold Price
$252,500
Premium/Discount to List
-$6,500
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%

Purchase Details

Listed on
Jan 14, 2013
Closed on
Feb 12, 2013
Sold by
Correa Cora Nydia
Bought by
Root Peter Alexander
Seller's Agent
Robert Visingardi
RE/MAX Vision
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$249,900
Sold Price
$236,000
Premium/Discount to List
-$13,900
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%

Purchase Details

Closed on
Dec 13, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Correa Cora Nydia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,441
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2010
Sold by
Chase Home Finance Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Aug 24, 2010
Sold by
Lutes Michael
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Sep 4, 2008
Sold by
Hubble Scott A
Bought by
Lutes Michael

Purchase Details

Closed on
Jan 7, 2000
Sold by
Wolf Marc
Bought by
Hubble Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,665
Interest Rate
7.98%

Purchase Details

Closed on
Jan 21, 1999
Sold by
Wolf Marc
Bought by
Wolf Marc

Purchase Details

Closed on
Oct 8, 1998
Sold by
Wolf Marc
Bought by
Wolf Marc
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
Nita Aleksander Valerian Paris $343,000 None Available
Lidster Brianna $252,500 Title One Inc
Root Peter Alexander $236,000 First American Title Ins Co
Correa Cora Nydia $155,551 Lighthouse Title Inc
Secretary Of Housing & Urban Development -- None Available
Chase Home Finance Llc $286,448 None Available
Lutes Michael $275,000 Title Source Inc
Hubble Scott A -- --
Wolf Marc -- --
Wolf Marc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nita Aleksander Valerian Paris $291,450
Previous Owner Correa Cora Nydia $124,441
Previous Owner Hubble Scott A $165,665
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2019 07/22/19 Sold $343,000 -2.0% $238 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $349,900 +38.6% $243 / Sq Ft
05/30/2014 05/30/14 Sold $252,500 -2.5% $175 / Sq Ft View Prior Sale
05/05/2014 05/05/14 Pending -- -- --
04/22/2014 04/22/14 For Sale $259,000 +9.7% $180 / Sq Ft
02/12/2013 02/12/13 Sold $236,000 -5.6% $160 / Sq Ft View Prior Sale
02/11/2013 02/11/13 Pending -- -- --
01/14/2013 01/14/13 For Sale $249,900 -- $169 / 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 $4,880 $175,830 $0 $0
2022 $5,765 $160,810 $0 $0
2020 $4,742 $143,780 $0 $0
2018 $5,765 $122,550 $0 $0
2017 $4,414 $122,550 $0 $0
2015 -- $106,270 $0 $0
2014 -- $101,890 $0 $0
2011 -- $81,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219054096

Realcomp

APN: 25-21-257-017