NOT LISTED FOR SALE

511 Forest Ave Royal Oak, MI 48067

Estimated Value: $759,000 - $892,000

3 Beds
2 Baths
2,394 Sq Ft
$340/Sq Ft Est. Value

Last Sold December 16, 2013

Last sale price $437,500 $183 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,975/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Fenced Yard
  • Porch
  • Keller Elementary Rated A-
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of December 2013

RENOVATED COLONIAL WALKING DISTANCE TO DOWNTOWN ROYAL OAK. GREAT OPEN FLOOR PLAN W/ HUGE LIVING ROOM W/ FIREPLACE. CUSTOM MAPLE KITCHEN W/ GRANITE, STAINLESS APPLIANCES, AND LARGE ISLAND. MASTER SUITE W/ WALK IN CLOSET W/ BUILT INS & PRIVATE SPA LIKE BATHROOM. HARDWOOD FLOORS, FIRST FLOOR OFFICE & SECOND FLOOR LAUNDRY. GREAT LOT. TWO CAR GARAGE, & AWESOME FRONT PORCH. BETTER THEN NEW.

Last Agent to Sell the Property

Robert E. Coburn

RE/MAX Partners License #MISPE-6501265468 Listed on: 11/20/2013

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,558

Year Built

  • Built in 1918

Lot Details

  • Lot Dimensions are 50x149
  • Fenced Yard

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,394 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2515329015

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,558

Year Built

Built in 1918

Lot Details

7,449 Sq Ft Lot

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace, LivRoom Fireplace
  • Basement: Yes
  • Basement: Finished
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 16 x 14
  • Bedroom 2: On Upper Floor, Dimensions: 12 x 11
  • Bedroom 3: On Upper Floor, Dimensions: 12 x 10
  • Bathrooms Description: First Flr Lavatory, MstrBdrm Full Bathroom, Second Flr Lavatory
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Dining Room: On Entry Level, Dimensions: 12 x 10
  • Kitchen: On Entry Level, Dimensions: 14 x 12
  • Library Den: On Entry Level, Dimensions: 12 x 12
  • Living Room: On Entry Level, Dimensions: 25 x 14
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 2394
  • Total Finished Sq Ft: 2394

Exterior Features

  • Exterior Features: Fenced Yard, Porch
  • Foundation: Basement
  • Road: Paved Street

Garage/Parking

  • Garage: Detached Garage, Gar Door Opener
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 2515329015
  • Lot Dimensions: 50X149
  • Map Side Numeric: 27
  • Map Top Alpha: AD
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $2,336.00
  • Winter Tax: Amount: $222.00

MLS Schools

  • School District: Royal Oak Neighborhood Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2013
Closed on
Dec 16, 2013
Sold by
Bailey Teresa and Coburn Robert
Bought by
Ross Victor
Seller's Agent
Robert E. Coburn
RE/MAX Partners
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$449,900
Sold Price
$437,500
Premium/Discount to List
-$12,400
-2.76%
Current Estimated Value
$813,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,585
Avg. Annual Appreciation
5.22%

Purchase Details

Listed on
Jun 10, 2013
Closed on
Jul 5, 2013
Sold by
Development Today Llc
Bought by
Bailey Teresa
Seller's Agent
Alan Faitel
Oakland Homes
Buyer's Agent
Robert Coburn
RE/MAX First
List Price
$100,000
Sold Price
$151,151
Premium/Discount to List
$51,151
51.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
960.97%
Original Mortgage
$89,606
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jun 10, 2013
Closed on
Jun 6, 2013
Sold by
Chrissinger Holdings Llc
Bought by
Development Today Llc
Seller's Agent
Alan Faitel
Oakland Homes
Buyer's Agent
Robert Coburn
RE/MAX First
List Price
$100,000
Sold Price
$151,151
Premium/Discount to List
$51,151
51.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,606
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 2, 2012
Sold by
Dean Robert E
Bought by
Dean Eunice F

Purchase Details

Closed on
Sep 30, 2003
Sold by
Dean Robert E
Bought by
Dean Eunice F and Hood Pamela J
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

Date Buyer Sale Price Title Company
Ross Victor $437,500 Partners Title Agency Llc
Bailey Teresa $151,151 None Available
Development Today Llc $89,000 Premier Title Agency Llc
Development Today Llc $89,606 None Available
Chrissinger Holdings Llc $84,000 None Available
Dean Eunice F -- None Available
Dean Eunice F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Development Today Llc $89,606
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2013 12/16/13 Sold $437,500 -2.8% $183 / Sq Ft
11/25/2013 11/25/13 Pending -- -- --
11/20/2013 11/20/13 For Sale $449,900 +197.6% $188 / Sq Ft
07/05/2013 07/05/13 Sold $151,151 +51.2% $173 / Sq Ft View Prior Sale
06/19/2013 06/19/13 Pending -- -- --
06/10/2013 06/10/13 For Sale $100,000 -- $114 / Sq Ft
Source: Michigan Multiple Listing Service

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
2025 $9,433 $360,350 $0 $0
2024 $7,180 $327,700 $0 $0
2022 $8,483 $294,690 $0 $0
2020 $6,977 $272,250 $0 $0
2018 $8,483 $211,760 $0 $0
2017 $7,748 $211,760 $0 $0
2015 -- $187,510 $0 $0
2014 -- $183,590 $0 $0
2011 -- $59,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31174365

Michigan Multiple Listing Service

APN: 25-15-329-015

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