NOT LISTED FOR SALE

512 E University Ave Royal Oak, MI 48067

Estimated Value: $604,787 - $708,000

3 Beds
2.5 Baths
2,200 Sq Ft
$292/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $525,000 $239 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,961/month

8 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Programmable Thermostat
  • Royal Oak High School Rated 9+
  • 2 Car Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2022

Truly walking distance to Downtown Royal Oak and the fabulous Farmer's Market. Immerse yourself in a vibrant downtown community where you can grab a bite to eat, drink hit the comedy club or small-scale music venue. Purchased in 2015, the owners have transformed the home from a small Craftsman Bungalow with one bath and walls everywhere to a home with a dramatic new staircase to the second floor, large formal dining and newly added 19-foot-long kitchen, nook, and family room. With this addition they added a nearly 500sqft en-suite with walk-in closet, bath w/ tub and separate shower. If you need a great outdoor space, you get it here with sliding glass door to deck, concrete patio, landscaped fully fenced yard. Mechanicals have been done with newer HVAC, Plumbing, electrical box, Siding, Roof and 2 car garage. Basement is dry and is a great space for working out or additional workspace. Get your offer accepted before the end of the year and lock in that price today

Last Agent to Sell the Property

Brian Parkison

Real Estate One-Troy License #6501283280 Listed on: 12/02/2021

Real Estate One-Troy

Last Buyer's Agent

Linda McFarland

KW Metro License #RCO-6501406534

KW Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1918 | Remodeled in 2016

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 45.00x130.00
  • Fenced

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Chimney Cap

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Assr's Plat No 5 Royal Oak Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2515377003
  • $500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,615

Year Built

Built in 1918 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod, Colonial
  • Architecture Level: 2 Story
  • Year Built: 1918
  • State Equalized Value: 187950.0000
  • Year Renovated: 2016
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Programmable Thermostat
  • Room Count: 13
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Vented Exhaust Fan, Dishwasher, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 2200
  • Total Sq Ft: 2200
  • Sq Ft Total Bsmt: 662

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Chimney Cap(s), Fenced
  • Foundation Materials: Block
  • Frontage Feet: 45
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: S
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Detached
  • 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)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.13
  • Lot Dimensions: 45.00X130.00
  • Parcel Number: 2515377003

Tax Info

  • Tax Amount Summer: 5168.0000
  • Tax Amount Winter: 1447.0000
  • Total Tax: 6615.0000
  • Taxable Value: 162260.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2022
Sold by
Jo Lefevre Mary
Bought by
Lefevre Mary Jo
Current Estimated Value
$641,947

Purchase Details

Listed on
Dec 2, 2021
Closed on
Jan 14, 2022
Sold by
Naik Anand P
Bought by
Nalk Anand P
Seller's Agent
Brian Parkison
Real Estate One-Troy
Buyer's Agent
Linda McFarland
KW Metro
List Price
$549,900
Sold Price
$525,000
Premium/Discount to List
-$24,900
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%

Purchase Details

Closed on
Sep 5, 2019
Sold by
Naik Anand
Bought by
Naik Anand P and Muralidharan Priy A

Purchase Details

Listed on
Jun 1, 2015
Closed on
Aug 18, 2015
Sold by
Bujel Lisa and Niziolek Lisa
Bought by
Naik Anand
Seller's Agent
Kathleen Persha
KW Professionals
Buyer's Agent
Brian Parkison
Real Estate One-Troy
List Price
$214,900
Sold Price
$185,000
Premium/Discount to List
-$29,900
-13.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.07%
Original Mortgage
$148,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2010
Sold by
Bujel Lisa and Bujel Lisa
Bought by
Bujel Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,875
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2009
Sold by
Champion Gregory Ricket and Gregory Ricket Champion Revoca
Bought by
Bujel Lisa

Purchase Details

Closed on
Nov 27, 2002
Sold by
Champion Gregory R
Bought by
Champion Gregory Rickel and Gregory Rickel Champion Revocable Living

Purchase Details

Closed on
Nov 26, 2002
Sold by
Champion Gregory Rickel and Gregory Rickel Champion Revoca
Bought by
Champion Gregory R

Purchase Details

Closed on
Jul 29, 2002
Sold by
Champion Gregory Rickel
Bought by
Champion Gregory Rickel and Gregory Rickel Champion Revocable Living

Purchase Details

Closed on
May 29, 2002
Sold by
Champion Gregory Rickel
Bought by
Champion Gregory R

Purchase Details

Closed on
Apr 18, 2001
Sold by
Champion Gregory R
Bought by
Gregory Rickel Champion Tr

Purchase Details

Closed on
Jan 31, 2000
Sold by
Greenberg Cary
Bought by
Champion Gregory R
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
Lefevre Mary Jo -- Land Title
Nalk Anand P $525,000 Vanguard Title
Naik Anand P -- None Available
Naik Anand $185,000 None Available
Bujel Lisa -- First Title
Bujel Lisa $138,000 Devon Title Agency
Champion Gregory Rickel -- Moon Title
Champion Gregory R -- Moon Title
Champion Gregory Rickel -- Moon Title
Champion Gregory R -- --
Gregory Rickel Champion Tr -- --
Champion Gregory R $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Naik Anand $148,000
Previous Owner Bujel Lisa $134,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $525,000 0.0% $239 / Sq Ft
12/11/2021 12/11/21 Pending -- -- --
12/09/2021 12/09/21 Price Changed $524,900 -4.5% $239 / Sq Ft
12/02/2021 12/02/21 For Sale $549,900 +197.2% $250 / Sq Ft
08/18/2015 08/18/15 Sold $185,000 -13.9% $151 / Sq Ft
07/13/2015 07/13/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $214,900 -- $175 / 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 $6,688 $230,780 $0 $0
2022 $6,416 $207,200 $0 $0
2020 $6,498 $185,570 $0 $0
2018 $6,416 $162,970 $0 $0
2017 $6,166 $162,970 $0 $0
2015 -- $65,730 $0 $0
2014 -- $60,480 $0 $0
2011 -- $55,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Parkison

    Seller's Agent in 2022

    Brian Parkison

    Real Estate One

    (248) 882-3672

    6 in this area

    145 Total Sales

    Brian Parkison
    Section Image
  • Linda McFarland

    Buyer's Agent in 2022

    Linda McFarland

    KW Metro

    (586) 899-8287

    2 in this area

    36 Total Sales

    Linda McFarland
    Section Image

  • K

    Seller's Agent in 2015

    Kathleen Persha

    KW Professionals

    (248) 930-0198

    50 Total Sales

    Kathleen Persha
    Section Image
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Map

Source: Realcomp

MLS Number: 2210098884

Realcomp

APN: 25-15-377-003

Michigan Oakland County Royal Oak 48067

512 E University Ave, Royal Oak, MI

This home is located at 512 E University Ave, Royal Oak, MI 48067 since 02 December 2021 and is currently estimated at $641,947, approximately $291 per square foot. This property was built in 1918. 512 E University Ave is a home located in Oakland County with nearby schools including Keller Elementary, Royal Oak Middle School, and Royal Oak High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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