NOT LISTED FOR SALE

517 Maxwell Ave Royal Oak, MI 48067

Estimated Value: $525,000 - $629,000

2 Beds
1.5 Baths
1,793 Sq Ft
$333/Sq Ft Est. Value

Last Sold August 19, 2015

Last sale price $283,000 $158 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,834/month

32 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Covered patio or porch
  • Northwood Elementary School Rated A-
  • No HOA
  • 2-minute walk to Meininger Park

About This Home

As of August 2015

Beautifully Renovated 1790+SF Colonial, across from Meininger Park and walk to downtown Royal Oak! Classic coved ceilings and charming details throughout this meticulously updated and maintained home. Living room with natural fireplace and hardwoods. Large family room addition with powder room and brand new hardwoods. Formal dining room. Stunning kitchen renovation with white maple cabs, stainless apps, white/gray marble countertops and hardwood floors. Upper level converted from 3 smaller rooms to a spacious master bedroom and additional guest room. If you want a big master with period architectural charm, this one is a must see! New tile and pedestal sink in upper hall bath. New HVAC 2010. New custom garage door on two car garage. Deck and new blue stone patio for out door entertaining. Newer windows and doorwall. New Garden/Potting shed. Basement clean and dry - this house not affected by flooding. An absolute GEM!

Last Agent to Sell the Property

Kate Hayman

KW Domain License #6501341688 Listed on: 06/15/2015

KW Domain

Last Buyer's Agent

Jan Hays

Max Broock, REALTORS®-Birmingham License #RCO-6501189162

Max Broock, REALTORS®-Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1928 | Remodeled in 2012

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 48x117.58
  • Fenced

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,793 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered patio or porch
  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association
  • Woodcrest Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2516377007
  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,705

Year Built

Built in 1928 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1928
  • Year Renovated: 2012
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1793
  • Total Sq Ft: 1793
  • Sq Ft Total Bsmt: 675

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Construction Features: Platted Sub.
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 45
  • Porch Type: Deck, Patio, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, 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: 2250000.0000
  • Lot Size Area: 0.13
  • Lot Dimensions: 48X117.58
  • Parcel Number: 2516377007

Tax Info

  • Tax Amount Summer: 2983.0000
  • Tax Amount Winter: 722.0000
  • Total Tax: 3705.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2015
Closed on
Aug 19, 2015
Sold by
Brien Portia O
Bought by
Grace Daniel and Grace Cari
Seller's Agent
Kate Hayman
KW Domain
Buyer's Agent
Jan Hays
Max Broock, REALTORS®-Birmingham
List Price
$292,500
Sold Price
$283,000
Premium/Discount to List
-$9,500
-3.25%
Current Estimated Value
$597,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,862
Avg. Annual Appreciation
7.78%
Original Mortgage
$275,793
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 9, 2012
Sold by
Obrien Portia
Bought by
Obrien Meegan

Purchase Details

Closed on
Oct 6, 2010
Sold by
Perri Frank D and Perri Kristine A
Bought by
Obrien Portia

Purchase Details

Closed on
May 9, 2003
Sold by
Perri Kristine A and Martines Kristine A
Bought by
Perri Frank D and Perri Kristine A
Source: Public Records

Range of Values:

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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
Grace Daniel $283,000 None Available
Obrien Meegan -- None Available
Obrien Portia $155,000 Capital Title Ins Agency
Perri Frank D -- Philip R Seaver Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grace Daniel $340,000
Closed Grace Daniel $321,500
Closed Grace Daniel $312,000
Closed Grace Daniel $276,760
Closed Grace Daniel T $245,600
Closed Grace Daniel T $226,000
Closed Grace Daniel $275,793
Previous Owner Perri Frank D $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2015 08/19/15 Sold $283,000 -3.2% $158 / Sq Ft
07/17/2015 07/17/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $292,500 -- $163 / 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 $6,735 $247,790 $0 $0
2022 $8,174 $224,120 $0 $0
2020 $6,545 $212,880 $0 $0
2018 $8,174 $145,440 $0 $0
2017 $5,739 $145,440 $0 $0
2015 -- $99,870 $0 $0
2014 -- $91,790 $0 $0
2011 -- $84,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215061244

Realcomp

APN: 25-16-377-007