NOT LISTED FOR SALE

516 S Laurel St Royal Oak, MI 48067

Estimated Value: $421,285 - $465,000

4 Beds
1.5 Baths
1,474 Sq Ft
$301/Sq Ft Est. Value

Last Sold August 05, 2014

Last sale price $220,500 $150 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,652/month

56 Days on Market

Highlights

  • Jetted Tub in Primary Bathroom
  • No HOA
  • 2 Car Detached Garage
  • Northwood Elementary School Rated A-
  • Enclosed Patio or Porch
  • Bungalow

About This Home

As of August 2014

This lovingly owned 1916 Craftsmen bungalow is just a short walk to town. Enjoy the charm of a full screened in front porch, and enclosed back porch. Original woodwork t/o with hardwood floors in living room/dining room. Natural fireplace. Newer kitchen and updated full bath, AC. 2+ newer garage. Complete roof tear off in '04 , Hot Water tank '13, Huge walk up 3rd floor currently used as attic, could easily be converted. BATVAI.

Last Agent to Sell the Property

Kathy Phillips

Century 21 Curran & Oberski License #6502404388 Listed on: 05/05/2014

Century 21 Curran & Oberski

Last Buyer's Agent

Ellen Doster

National Realty Centers, Inc License #RCO-6501354281

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1916

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,474 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association
  • Hendrie Boulevard Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2521211022

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,753

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Year Built: 1916
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Jetted Tub
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1574
  • Sq Ft Lower Floor: 100
  • Total Sq Ft: 1474
  • Sq Ft Total Bsmt: 1031

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Michigan Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced, Lighting
  • Frontage Feet: 50
  • Porch Type: Porch - Covered, Porch - Enclosed
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 2+ Assigned Spaces, Detached, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • 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: 1564285.7143
  • Lot Size Area: 0.14
  • Lot Dimensions: 50X120
  • Parcel Number: 2521211022

Tax Info

  • Tax Amount Summer: 2416.0000
  • Tax Amount Winter: 337.0000
  • Total Tax: 2753.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2018
Sold by
Palmer Seth
Bought by
Palmer Joel
Current Estimated Value
$443,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,500
Outstanding Balance
$143,450
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$300,371

Purchase Details

Listed on
May 5, 2014
Closed on
Aug 5, 2014
Sold by
Gumbetter Marlene E and Gumbetter James A
Bought by
Palmer Joel and Palmer Seth
Seller's Agent
Kathy Phillips
Century 21 Curran & Oberski
Buyer's Agent
Ellen Doster
National Realty Centers, Inc
List Price
$235,000
Sold Price
$220,500
Premium/Discount to List
-$14,500
-6.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$216,473
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 12, 2013
Sold by
Gumbetter Marlene E and Gumbetter John M
Bought by
Gumbetter Marlene E and Gumbetter James A
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
Palmer Joel -- None Available
Palmer Joel $220,500 None Available
Gumbetter Marlene E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Joel $165,500
Closed Palmer Joel $216,473
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2014 08/05/14 Sold $220,500 -6.2% $150 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
05/05/2014 05/05/14 For Sale $235,000 -- $159 / 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 $3,568 $164,920 $0 $0
2022 $4,216 $149,650 $0 $0
2020 $3,467 $129,000 $0 $0
2018 $4,216 $114,240 $0 $0
2017 $4,052 $114,240 $0 $0
2015 -- $97,530 $0 $0
2014 -- $85,120 $0 $0
2011 -- $85,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathy Phillips

    Seller's Agent in 2014

    Kathy Phillips

    Century 21 Curran & Oberski

    (248) 217-3397

    4 in this area

    32 Total Sales

    Kathy Phillips
    Section Image

  • E

    Buyer's Agent in 2014

    Ellen Doster

    National Realty Centers, Inc

    Section Image
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Map

Source: Realcomp

MLS Number: 214040303

Realcomp

APN: 25-21-211-022

Michigan Oakland County Royal Oak 48067

516 S Laurel St, Royal Oak, MI

This home is located at 516 S Laurel St, Royal Oak, MI 48067 since 05 May 2014 and is currently estimated at $443,821, approximately $301 per square foot. This property was built in 1916. 516 S Laurel St is a home located in Oakland County with nearby schools including Northwood Elementary School, Royal Oak Middle School, and Royal Oak High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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