NOT LISTED FOR SALE

513 Cherry Ave Royal Oak, MI 48073

Estimated Value: $412,000 - $493,000

3 Beds
2 Baths
1,384 Sq Ft
$320/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $421,000 $304 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,724/month

51 Days on Market

Highlights

  • Ground Level Unit
  • No HOA
  • Porch
  • Northwood Elementary School Rated A-
  • 2 Car Detached Garage
  • 2-minute walk to Hamer Finch Wilkins Park

About This Home

As of June 2021

**HIGHEST AND BEST DUE 12 PM, 4/7/21*** Check out this absolutely STUNNING Royal Oak Bungalow, completely remodeled just two years ago! The kitchen, living and dining room are very open concept, creating an airy feeling with plenty of space. Granite countertops line the crisp white cabinets, including bar stool seating and black stainless steel appliances to create a chic look. Refinished hardwood floors throughout main level. Fresh paint, doors, trim and lighting in entire home. Beautifully designed bathrooms, including an en suite master with double vanities, dual shower heads and Euro glass doors. Spacious walk in closet. Basement is professionally waterproofed and set up to be finished. New electrical, hot water heater and furnace. The exterior has endless curb appeal, with a recently done windows, roof and Hardy siding, a long lasting, quality material.

Last Agent to Sell the Property

John Farhat

Good Company License #6501349205 Listed on: 04/01/2021

Good Company

Last Buyer's Agent

John Farhat

Good Company License #6501349205 Listed on: 04/01/2021

Good Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1946 | Remodeled in 2019

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50.00x140.00
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Shingle Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,384 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association
  • Forest Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2509457008

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,860

Year Built

Built in 1946 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1946
  • State Equalized Value: 139680.0000
  • Year Renovated: 2019
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Washer
  • Total Sq Ft: 1384

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl, Wood, Shingle Siding
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Fenced

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), 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

Lot Info

  • Lot Size Area: 0.16
  • Lot Dimensions: 50.00X140.00
  • Parcel Number: 2509457008

Tax Info

  • Tax Amount Summer: 6612.0000
  • Tax Amount Winter: 1248.0000
  • Total Tax: 7860.0000
  • Taxable Value: 137990.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jun 1, 2021
Sold by
Farhat Daniel and Farhat Laura
Bought by
Beachum Hannah
Seller's Agent
John Farhat
Good Company
Buyer's Agent
John Farhat
KW Metro
List Price
$429,000
Sold Price
$421,000
Premium/Discount to List
-$8,000
-1.86%
Current Estimated Value
$442,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,206
Avg. Annual Appreciation
1.12%
Original Mortgage
$332,000
Outstanding Balance
$302,737
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$139,469

Purchase Details

Closed on
Dec 11, 2020
Sold by
Farhat Daniel
Bought by
Farhat Daniel and Farhat Laura

Purchase Details

Listed on
Mar 1, 2018
Closed on
Apr 2, 2018
Sold by
Simpson Carey A and Bartkowiak Carey A
Bought by
Farhat Daniel
Seller's Agent
Chris Pero
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Daniel Farhat
EXP Realty LLC
List Price
$219,900
Sold Price
$209,184
Premium/Discount to List
-$10,716
-4.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%
Original Mortgage
$167,347
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2007
Sold by
Lowry John F and Lowry Heather S
Bought by
Bartkowiak Carey A

Purchase Details

Closed on
Sep 30, 1999
Sold by
Wolski Robert K
Bought by
Lowry John F

Purchase Details

Closed on
Aug 16, 1996
Sold by
Robertson Robert B
Bought by
Wolski Robert K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,950
Interest Rate
8.47%
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
Beachum Hannah $421,000 First American Title
Farhat Daniel -- None Available
Farhat Daniel $209,184 None Available
Bartkowiak Carey A $193,000 Multiple
Lowry John F $151,500 --
Wolski Robert K $115,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beachum Hannah $332,000
Previous Owner Farhat Daniel $167,347
Previous Owner Wolski Robert K $103,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2021 06/01/21 Sold $421,000 -1.9% $304 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $429,000 +105.1% $310 / Sq Ft
04/02/2018 04/02/18 Sold $209,184 -4.9% $182 / Sq Ft View Prior Sale
03/08/2018 03/08/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $219,900 0.0% $191 / Sq Ft
03/17/2017 03/17/17 Rented $1,850 +12.1% --
03/15/2017 03/15/17 Under Contract -- -- --
02/28/2017 02/28/17 Price Changed $1,650 -2.9% $1 / Sq Ft
02/02/2017 02/02/17 For Rent $1,700 +9.7% --
10/16/2013 10/16/13 Rented $1,550 +3.3% --
10/10/2013 10/10/13 Under Contract -- -- --
10/02/2013 10/02/13 For Rent $1,500 0.0% --
07/26/2012 07/26/12 Rented $1,500 0.0% --
07/25/2012 07/25/12 Under Contract -- -- --
07/17/2012 07/17/12 For Rent $1,500 -- --
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 $4,858 $167,950 $0 $0
2022 $5,790 $151,240 $0 $0
2020 $4,720 $139,680 $0 $0
2018 $5,790 $83,830 $0 $0
2017 $3,292 $83,830 $0 $0
2015 -- $72,350 $0 $0
2014 -- $58,740 $0 $0
2011 -- $48,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Farhat

    Seller's Agent in 2021

    John Farhat

    Good Company

    (248) 644-6300

    120 in this area

    132 Total Sales

    John Farhat
    Section Image
  • Chris Pero

    Seller's Agent in 2018

    Chris Pero

    Max Broock, REALTORS®-Birmingham

    (248) 644-6700

    23 in this area

    362 Total Sales

    Chris Pero
    Section Image

  • D

    Buyer's Agent in 2018

    Daniel Farhat

    EXP Realty LLC

    (888) 501-7085

    3 in this area

    3 Total Sales

    Daniel Farhat
    Section Image

  • D

    Buyer's Agent in 2017

    Dana McAllister

    Global Property Specialists LLC

  • M

    Buyer's Agent in 2012

    Michael Loveland

    Max Broock, REALTORS®-Birmingham

See All Agents

Map

Source: Realcomp

MLS Number: 2210021457

Realcomp

APN: 25-09-457-008

Michigan Oakland County Royal Oak 48073

513 Cherry Ave, Royal Oak, MI

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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