NOT LISTED FOR SALE

515 E 3rd St Royal Oak, MI 48067

Estimated Value: $408,000 - $497,000

3 Beds
3 Baths
1,327 Sq Ft
$330/Sq Ft Est. Value

Last Sold June 07, 2018

Last sale price $350,000 $264 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,889/month

6 Days on Market

Highlights

  • No HOA
  • Patio
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage
  • Bungalow
  • 3-minute walk to Centennial Commons

About This Home

As of June 2018

Sophisticated Royal Oak brick bungalow in a premier location, meticulously maintained with beautiful finishes and updates throughout. Ideally located, just minutes from Downtown Royal Oak. Enter into the open concept floor plan that incorporates a spacious living room and a timeless eat-in granite kitchen with stainless steel appliances and glass tile backsplash. 2 nicely appointed 1st floor bedrooms share a full bath. Retreat to the upper level master suite that offers a huge walk-in closet and a beautifully updated master bath. The fully finished lower level features daylight windows, additional living space, a 3rd full bath, loads of storage and a laundry room. Finally, retreat to the backyard oasis complete with a patio providing the perfect space for outdoor entertaining with friends & family! Additional enhancements include: newer furnace, water heater, roof, Pella windows and concrete driveway. 1-car detached garage. This home is an absolute gem!

Last Agent to Sell the Property

Christian Grothe

Max Broock, REALTORS®-Birmingham License #6501329715 Listed on: 05/02/2018

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Vickie McAskin

Hall & Hunter-Birmingham License #RCO-6501254870

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1949 | Remodeled in 2014

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x130

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,327 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association
  • Assr's Plat No 9 Royal Oak Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522126019

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,572

Year Built

Built in 1949 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1949
  • Year Renovated: 2014
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Daylight, Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2227
  • Sq Ft Lower Floor: 900
  • Total Sq Ft: 1327
  • Sq Ft Total Bsmt: 904

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Patio
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Attached, Door Opener, Electricity
  • 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: 2166000.0000
  • Lot Size Area: 0.15
  • Lot Dimensions: 50X130
  • Parcel Number: 2522126019

Tax Info

  • Tax Amount Summer: 3666.0000
  • Tax Amount Winter: 906.0000
  • Total Tax: 4572.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Jun 7, 2018
Sold by
Rathke Mark A and Wilk Ashley R
Bought by
Higdon James Brooks
Seller's Agent
Christian Grothe
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Vickie McAskin
Hall & Hunter-Birmingham
List Price
$324,900
Sold Price
$350,000
Premium/Discount to List
$25,100
7.73%
Total Days on Market
6
Current Estimated Value
$438,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,137
Avg. Annual Appreciation
1.86%

Purchase Details

Closed on
Oct 14, 2015
Sold by
Rathke Mark A and Rathke Mark
Bought by
Rathke Mark A and Rathke Ashley R

Purchase Details

Listed on
Mar 3, 2014
Closed on
Apr 11, 2014
Sold by
Zitzmann Rebecca L and Zitzmann Beverly A
Bought by
Rathke Mark
Seller's Agent
Susan Howard
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Melinda Nagler
Max Broock, REALTORS®-Bloomfield Hills
List Price
$259,000
Sold Price
$258,000
Premium/Discount to List
-$1,000
-0.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%
Original Mortgage
$206,400
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2003
Sold by
The Estate Of Donna I Usler and White Robert L
Bought by
Zitzmann Rebecca L
Source: Public Records

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Range of Values:

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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
Higdon James Brooks $350,000 None Available
Rathke Mark A -- Attorney
Rathke Mark $258,000 Capital Title Ins Agency
Zitzmann Rebecca L $185,000 Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rathke Mark $206,400
Previous Owner Calandra Rebecca L $50,500
Previous Owner Zitzmann Rebecca L $0
Previous Owner Zitzmann Rebecca L $174,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2018 06/07/18 Sold $350,000 +7.7% $264 / Sq Ft
05/08/2018 05/08/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $324,900 +25.9% $245 / Sq Ft
04/11/2014 04/11/14 Sold $258,000 -0.4% $231 / Sq Ft
03/07/2014 03/07/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $259,000 0.0% $232 / Sq Ft
03/01/2013 03/01/13 Rented $1,900 -5.0% --
02/11/2013 02/11/13 Under Contract -- -- --
01/29/2013 01/29/13 For Rent $2,000 -- --
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 $5,246 $176,090 $0 $0
2022 $5,924 $162,880 $0 $0
2020 $4,733 $148,920 $0 $0
2018 $5,924 $126,310 $0 $0
2017 $4,570 $126,310 $0 $0
2015 -- $110,000 $0 $0
2014 -- $71,740 $0 $0
2011 -- $67,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218034295

Realcomp

APN: 25-22-126-019