NOT LISTED FOR SALE

520 Knowles St Royal Oak, MI 48067

Estimated Value: $740,988 - $847,000

3 Beds
3.5 Baths
2,526 Sq Ft
$306/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $682,400 $270 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,969/month

23 Days on Market

Highlights

  • Colonial Architecture
  • Fireplace in Primary Bedroom
  • Jetted Tub in Primary Bathroom
  • Keller Elementary Rated A-
  • Deck
  • 4-minute walk to Grant Park

About This Home

As of August 2023

Experience the epitome of luxury living with this stunning custom colonial in the highly sought-after and high-demand neighborhood of Royal Oak. Located just a couple of blocks from Main St., this professionally decorated beauty is an absolute masterpiece. Boasting 3 bedrooms and 3.5 bathrooms, this home offers an abundance of space and exquisite features throughout. Step into the home and be greeted by a spacious foyer and an open floor plan that flows seamlessly. The light-filled living room boasts wood floors and a fireplace, creating a warm and inviting atmosphere. The well-equipped kitchen is a chef's dream, featuring professional-grade appliances, double ovens, and gorgeous quartz formal eating area or host elegant dinners in the formal dining room, which can also serve as an office or den. The first-floor laundry offers ample pantry storage, keeping your home organized and clutter-free. The master suite is a true retreat with its vaulted ceilings, cozy fireplace, and recently updated marble bathroom. Pamper yourself in the spa-like oasis, complete with double sinks, a vanity area, an oversized shower, and a jetted tub. Two additional bedrooms open to a spacious landing, offering flexibility for a home office, play area, or homework space. The hall bath has been newly renovated and features double sinks and a convenient second laundry area for added convenience. The finished lower level provides even more living space, including a fourth bedroom with egress (currently used as a gym), a full bath, and a large entertaining area. This home is equipped with a water filter, softener system, and custom window coverings. Every detail has been meticulously crafted for your comfort and convenience. Perfectly situated in the heart of Royal Oak, you'll enjoy easy access to Main St. and its array of dining, shopping, and entertainment options. Live a life of luxury and sophistication in this exquisite custom colonial.

Last Agent to Sell the Property

Christian Grothe

Max Broock, REALTORS®-Birmingham License #6501329715 Listed on: 07/05/2023

Max Broock, REALTORS®-Birmingham

Co-Listed By

Dimitrios Kosmidis

Max Broock, REALTORS®-Birmingham License #6501441251

Last Buyer's Agent

Ronny Eid

KW Domain License #6501373076

KW Domain

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2007

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45.00 x 120.00

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,526 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Finished Basement
  • Fireplace in Basement

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2522153023

Community Details

Overview

  • No Home Owners Association
  • Assr's Plat No 7 Royal Oak Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,105

Year Built

Built in 2007

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2007
  • State Equalized Value: 278990.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Jetted Tub
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Living Room, Primary Bedroom
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Range Hood, Stainless Steel Appliance(s), Washer
  • Total Sq Ft: 2526

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Poured
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Side Entrance, Electricity, Detached
  • 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: Yes

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.12
  • Lot Dimensions: 45.00 x 120.00
  • Parcel Number: 2522153023

Tax Info

  • Tax Amount Summer: 7798.0000
  • Tax Amount Winter: 2307.0000
  • Total Tax: 10105.0000
  • Taxable Value: 263960.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2023
Closed on
Aug 18, 2023
Sold by
Kirsch Michael
Bought by
Katrib Simon
Seller's Agent
Christian Grothe
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Ronny Eid
KW Domain
List Price
$699,900
Sold Price
$682,400
Premium/Discount to List
-$17,500
-2.5%
Views
200
Current Estimated Value
$773,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,097
Avg. Annual Appreciation
5.08%
Original Mortgage
$648,280
Outstanding Balance
$631,820
Interest Rate
7.09%
Estimated Equity
$141,677

Purchase Details

Listed on
Sep 3, 2019
Closed on
Aug 28, 2019
Sold by
Clement George and Velasco Cerisse
Bought by
Kirseh Michael
Seller's Agent
Scott Wright
KW Metro
Buyer's Agent
Samantha Pattison
KW Metro
List Price
$589,000
Sold Price
$567,000
Premium/Discount to List
-$22,000
-3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%

Purchase Details

Listed on
Sep 11, 2015
Closed on
Dec 21, 2015
Sold by
Michels William and Michels Tracey
Bought by
Clement George and Velasco Cerisse
Seller's Agent
John Myers
Cranbrook Associates-Birm
Buyer's Agent
John Myers
Cranbrook Associates-Birm
List Price
$499,500
Sold Price
$471,000
Premium/Discount to List
-$28,500
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.98%
Original Mortgage
$417,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2007
Sold by
Steffes David
Bought by
Michels William and Michels Tracey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
6.42%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 7, 2007
Sold by
Karagosian Timothy H and Karagosian Robin B
Bought by
Steffes David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Interest Rate
10.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2006
Sold by
Cmk Ventures Llc
Bought by
Karagosian Timothy H and Karagosian Robin B

Purchase Details

Closed on
Jun 19, 2003
Sold by
Karavite Carlene
Bought by
Cmk Ventures Llc

Purchase Details

Closed on
May 7, 2003
Sold by
Karavite Carlene
Bought by
Karavite Carlene
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Katrib Simon $682,400 None Listed On Document
Kirseh Michael $567,000 None Available
Clement George $471,000 Liberty Title
Michels William $165,000 Metropolitan Title Company
Steffes David $164,950 Multiple
Karagosian Timothy H $150,000 Metropolitan Title Company
Cmk Ventures Llc -- --
Karavite Carlene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katrib Simon $648,280
Previous Owner Clement George $417,000
Previous Owner Michels William $585,000
Previous Owner Steffes David $110,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2023 08/18/23 Sold $682,400 -2.5% $270 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $699,900 +23.4% $277 / Sq Ft
10/16/2019 10/16/19 Sold $567,000 -2.1% $224 / Sq Ft View Prior Sale
09/24/2019 09/24/19 Pending -- -- --
09/13/2019 09/13/19 Price Changed $579,000 -1.7% $229 / Sq Ft
09/03/2019 09/03/19 For Sale $589,000 +25.1% $233 / Sq Ft
12/21/2015 12/21/15 Sold $471,000 -5.7% $163 / Sq Ft View Prior Sale
11/11/2015 11/11/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $499,500 0.0% $173 / Sq Ft
08/12/2014 08/12/14 Rented $3,500 0.0% --
08/12/2014 08/12/14 Under Contract -- -- --
06/05/2014 06/05/14 For Rent $3,500 +9.4% --
06/01/2013 06/01/13 Rented $3,200 0.0% --
05/20/2013 05/20/13 Under Contract -- -- --
05/10/2013 05/10/13 For Rent $3,200 -- --
Source: Realcomp

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
2025 $11,947 $336,760 $0 $0
2024 $9,094 $309,420 $0 $0
2022 $10,105 $278,990 $0 $0
2020 $8,311 $252,010 $0 $0
2018 $10,105 $234,520 $0 $0
2017 $9,360 $234,520 $0 $0
2015 -- $176,980 $0 $0
2014 -- $168,210 $0 $0
2011 -- $185,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230053952

Realcomp

APN: 25-22-153-023

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