NOT LISTED FOR SALE

516 Cherry Ave Royal Oak, MI 48073

Estimated Value: $362,000 - $381,000

3 Beds
1.5 Baths
1,030 Sq Ft
$360/Sq Ft Est. Value

Last Sold April 14, 2015

Last sale price $202,500 $197 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,239/month

138 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Patio
  • Northwood Elementary School Rated A-
  • 2 Car Detached Garage
  • 2-minute walk to Hamer Finch Wilkins Park

About This Home

As of April 2015

No details were overlooked in this Royal Oak Cape Cod, it is turn key move in today! Granite kitchen with 42 in oak cabinetry, stainless steel appliances, under counter lighting, some glass front doors, ceramic backspace. Newer Andersen windows, custom wood stutters in living room, both hardwood and Canadian maple flooring throughout. Updated bathroom with walk-in shower- beautiful travertine tile. Master bedroom has sitting room and several closets. Finished basement area, sconce lighting and fireplace. Large 2 car garage and MORE! Close to everything schools and parks.

Last Agent to Sell the Property

Karen Greenwood

Coldwell Banker Professionals-Birm License #6501297591 Listed on: 10/20/2014

Coldwell Banker Professionals-Birm

Last Buyer's Agent

Rob Scalici

RE/MAX First License #6502124461

RE/MAX First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1946 | Remodeled in 2009

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Fenced

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,030 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Security System Leased
  • Dishwasher
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Forest Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2509455023

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,303

Year Built

Built in 1946 | Remodeled in 2009

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod
  • Architecture Level: 1 1/2 Story
  • Year Built: 1946
  • Year Renovated: 2009
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Security Alarm (rented)
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Refrigerator
  • Total Sq Ft: 1030

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Porch Type: Patio
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, Wall Unit(s)
  • 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

  • Homestead: Yes
  • List Price per Acre: 1281250.0000
  • Lot Size Area: 0.16
  • Lot Dimensions: 50X140
  • Parcel Number: 2509455023

Tax Info

  • Tax Amount Summer: 2021.0000
  • Tax Amount Winter: 282.0000
  • Total Tax: 2303.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2014
Closed on
Apr 14, 2015
Sold by
Campbell Stacy L
Bought by
Fuller Jason
Seller's Agent
Karen Greenwood
Coldwell Banker Professionals-Birm
Buyer's Agent
Rob Scalici
RE/MAX First
List Price
$209,900
Sold Price
$202,500
Premium/Discount to List
-$7,400
-3.53%
Current Estimated Value
$371,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,678
Avg. Annual Appreciation
5.91%
Original Mortgage
$198,831
Interest Rate
4.01%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 4, 2012
Closed on
May 17, 2012
Sold by
Celletti John and Madej Joseph S
Bought by
Campbell Stacy L
Seller's Agent
Lynn Stange
Real Estate One Troy
Buyer's Agent
Doug Andrus
Keller Williams Realty Lakeside
List Price
$159,000
Sold Price
$159,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%
Original Mortgage
$156,120
Interest Rate
4.25%
Mortgage Type
FHA
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
Fuller Jason $202,500 Attorney
Campbell Stacy L $159,000 1St Choice Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fuller Jason $198,831
Previous Owner Campbell Stacy L $156,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2015 04/14/15 Sold $202,500 -3.5% $197 / Sq Ft
03/07/2015 03/07/15 Pending -- -- --
10/20/2014 10/20/14 For Sale $209,900 +32.0% $204 / Sq Ft
05/17/2012 05/17/12 Sold $159,000 0.0% $154 / Sq Ft View Prior Sale
04/18/2012 04/18/12 Pending -- -- --
04/04/2012 04/04/12 For Sale $159,000 -- $154 / 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 $3,548 $137,860 $0 $0
2022 $4,192 $123,020 $0 $0
2020 $3,448 $116,340 $0 $0
2018 $4,192 $103,490 $0 $0
2017 $4,029 $103,490 $0 $0
2015 -- $73,130 $0 $0
2014 -- $71,340 $0 $0
2011 -- $58,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214109577

Realcomp

APN: 25-09-455-023