NOT LISTED FOR SALE

512 Fairgrove Ave Royal Oak, MI 48067

Estimated Value: $759,000 - $1,083,000

3 Beds
2 Baths
2,500 Sq Ft
$345/Sq Ft Est. Value

Last Sold September 18, 2013

Last sale price $480,000 $192 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,231/month

4 Days on Market

Highlights

  • Newly Remodeled
  • Colonial Architecture
  • Porch
  • Royal Oak High School Rated 9+
  • 2 Car Detached Garage
  • Patio

About This Home

As of September 2013

Stunning new construction blocks from downtown Royal Oak! Quality workmanship in this Craftsman colonial. Gorgeous entry w/open staircase & built-in bench w/hooks. Hardwood floors throughout. Living room w/floor-to-ceiling stone fireplace. Kitchen w/granite counters, ss appliances & tile backsplash. Master w/full bath, walk-in shower, dual vanities & huge WIC. Mud room & 1st floor laundry. Brick paver patio off dng rm. Attached garage. Agent owned.

Last Agent to Sell the Property

John Farhat

Coldwell Banker Weir Manuel Birmingham/Bloomfield License #MISPE-6501349205 Listed on: 08/02/2013

Last Buyer's Agent

Susan Carter

Sine & Monaghan Realtors LLC Royal Oak License #MISPE-6502365782

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,335

Year Built

  • Built in 2013 | Newly Remodeled

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40x137

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Basement
  • Sump Pump

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2515376008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,335

Year Built

Built in 2013 | Newly Remodeled

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Year Built: 2013
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cable/Internet Avail., Sump Pump
  • Appliances: Dishwasher, Disposal, Dryer, Humidifier, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace, LivRoom Fireplace
  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 21 x 14
  • Bedroom 2: On Upper Floor, Dimensions: 13 x 11
  • Bedroom 3: On Upper Floor, Dimensions: 13 x 10
  • Bathrooms Description: First Flr Lavatory, MstrBdrm Full Bathroom, Second Flr Lavatory
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room Types: Living Room
  • Dining Room: On Entry Level, Dimensions: 15 x 12
  • Kitchen: On Entry Level, Dimensions: 17 x 10
  • Library Den: On Entry Level, Dimensions: 13 x 11
  • Living Room: On Entry Level, Dimensions: 15 x 15
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 2500
  • Total Finished Sq Ft: 2500

Exterior Features

  • Exterior: Brick
  • Exterior Features: Patio, Porch
  • Construction: New/Never Occupied
  • Foundation: Basement
  • Road: Paved Street

Garage/Parking

  • Garage: Detached Garage, Electric in Garage, Gar Door Opener, Side Loading Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: 2515376008
  • Lot Description: Sidewalks
  • Lot Dimensions: 40X137
  • Section: 15
  • Acreage: 0.13
  • Map Side Numeric: 27
  • Map Top Alpha: AD
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $2,050.00
  • Winter Tax: Amount: $285.00

MLS Schools

  • School District: Royal Oak Neighborhood Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2013
Closed on
Sep 16, 2013
Sold by
Atd Design Llc and Farhat John
Bought by
Bailey Richard F and Delodder Curtis
Seller's Agent
John Farhat
Coldwell Banker Weir Manuel Birmingham/Bloomfield
Buyer's Agent
Susan Carter
Sine & Monaghan Realtors LLC Royal Oak
List Price
$479,000
Sold Price
$480,000
Premium/Discount to List
$1,000
0.21%
Current Estimated Value
$861,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,866
Avg. Annual Appreciation
4.98%
Original Mortgage
$280,000
Outstanding Balance
$208,862
Interest Rate
4.39%
Mortgage Type
New Conventional
Estimated Equity
$653,004

Purchase Details

Closed on
Mar 1, 2013
Sold by
Ruffles Ii Anthony R and Castleberry Kris
Bought by
Atd Design Llc
Source: Public Records

Range of Values:

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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
Bailey Richard F $480,000 Devon Title Agency
Atd Design Llc $110,000 Parks
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Richard F $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2013 09/18/13 Sold $480,000 +0.2% $192 / Sq Ft
08/06/2013 08/06/13 Pending -- -- --
08/02/2013 08/02/13 For Sale $479,000 -- $192 / Sq Ft
Source: Michigan Multiple Listing Service

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 $7,929 $307,680 $0 $0
2022 $9,368 $276,810 $0 $0
2020 $7,705 $256,030 $0 $0
2018 $9,368 $243,330 $0 $0
2017 $9,003 $243,330 $0 $0
2015 -- $218,020 $0 $0
2014 -- $213,300 $0 $0
2011 -- $59,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31160871

Michigan Multiple Listing Service

APN: 25-15-376-008