NOT LISTED FOR SALE

515 Knowles St Royal Oak, MI 48067

Estimated Value: $459,000 - $528,000

3 Beds
1.5 Baths
1,500 Sq Ft
$327/Sq Ft Est. Value

Last Sold November 18, 2020

Last sale price $382,500 $255 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,129/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Covered Patio or Porch
  • 2 Car Detached Garage
  • No HOA
  • Stainless Steel Appliances
  • 3-minute walk to Grant Park

About This Home

As of November 2020

Timeless brick colonial + priceless downtown Royal Oak location (two blocks away from all the action - bars, restaurants, shopping, farmers market, police/fire departments, city hall, and several parks). Previous owner updated the following over the last 1-10 years - windows, roof (tear off), kitchen, front porch, electric service, entire garage, sewer line, furnace, and air conditioning. Current owner replaced most of the driveway, back porch, updated all interior doors, painted entire house, installed and refinished hardwood flooring t/o entire home, landscaped, replaced all light fixtures, and much more. Finished basement w 1/2 bath, and tons of storage. Kitchen features trendy white cabinetry, custom backsplash, breakfast nook, quartz, and ss appliances (new refrigerator). Office on main floor. This home is truly the total package! BATVAI. Agent owned.

Last Agent to Sell the Property

James Orr

RE/MAX First License #6501360148 Listed on: 10/15/2020

RE/MAX First

Last Buyer's Agent

Nancy Collias

KW Domain License #6501400696

KW Domain

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 45.00x137.00

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Finished Basement

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2522176004
  • $1,000 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Knowles & Lawson Plat No 1 Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,387

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 400.31
  • Year Built: 1940
  • State Equalized Value: 137510.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Free-Standing Gas Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 1900
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 1500
  • Sq Ft Total Bsmt: 700

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 45
  • Porch Type: Porch, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2678571.4286
  • Lot Size Area: 0.14
  • Lot Dimensions: 45.00X137.00
  • Parcel Number: 2522176004

Tax Info

  • Tax Amount Summer: 3442.0000
  • Tax Amount Winter: 945.0000
  • Total Tax: 4387.0000
  • Taxable Value: 94900.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2020
Closed on
Nov 19, 2020
Sold by
Orr James
Bought by
Macdonald Caitlin
Seller's Agent
James Orr
RE/MAX First
Buyer's Agent
Nancy Collias
KW Domain
List Price
$375,000
Sold Price
$382,500
Premium/Discount to List
$7,500
2%
Current Estimated Value
$489,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,291
Avg. Annual Appreciation
5.07%
Original Mortgage
$363,375
Outstanding Balance
$327,748
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$156,110

Purchase Details

Closed on
Jul 17, 2020
Sold by
Lienard Deborah Lynn
Bought by
Orr James and Orr Royal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,600
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2005
Sold by
Lienard Roger Gary
Bought by
Lienard Deborah Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.62%
Mortgage Type
New Conventional
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
Macdonald Caitlin $382,500 None Available
Orr James $272,000 Abstract Title Agency
Lienard Deborah Lynn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macdonald Caitlin $363,375
Previous Owner Orr James $217,600
Previous Owner Lienard Deborah L $15,000
Previous Owner Lienard Deborah Lynn $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $382,500 +2.0% $255 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $375,000 -- $250 / 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 $5,534 $192,500 $0 $0
2022 $6,539 $174,810 $0 $0
2020 $5,378 $137,510 $0 $0
2018 $6,539 $126,110 $0 $0
2017 $3,657 $126,110 $0 $0
2015 -- $112,100 $0 $0
2014 -- $94,020 $0 $0
2011 -- $93,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200083698

Realcomp

APN: 25-22-176-004