NOT LISTED FOR SALE

521 Mount Vernon Blvd Royal Oak, MI 48073

Estimated Value: $533,000 - $800,413

2 Beds
2 Baths
1,924 Sq Ft
$326/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $295,000 $153 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $3,966/month

252 Days on Market

Highlights

  • 0.5 Acre Lot
  • Ranch Style House
  • No HOA
  • Royal Oak High School Rated 9+
  • Ground Level Unit
  • Porch

About This Home

As of June 2020

LOCATION LOCATION!! RARE FIND ON ONE OF ROYAL OAK'S MOST PREMIUM STREETS. Over 1900sf brick ranch with an open floor plan on tree lined street with minimal traffic. 2 bedroom plus an office/study, 2 bath, Living room, Dining room, Family room and Kitchen with eat in breakfast nook. Large master bedroom with master bath. Living room with natural wood burning fireplace. Living room opens up to formal dining room. 1/2 acre lot has beautiful trees & flowering gardens creating a park like setting. One block walk to the Tenhave Woods Nature Center & Trails. Centrally located, close to restaurants, shops and parks. Best value on the market. Don't miss this great opportunity in one of Royal Oaks most desirable neighborhoods. BATVAI. Licensed Michigan agent required to be present at all times.

Last Agent to Sell the Property

Joshua Sensoli

Choice One Realty of Michigan License #6502410870 Listed on: 09/09/2019

Last Buyer's Agent

Joshua Sensoli

Choice One Realty of Michigan License #6502410870 Listed on: 09/09/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1949

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 87.50x250.00

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,924 Sq Ft Home
  • Living Room with Fireplace
  • Stacked Washer and Dryer

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Porch
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 2504454003

Community Details

Overview

  • No Home Owners Association
  • Arlington Park Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,476

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1949
  • State Equalized Value: 147650.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 11
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Washer/Dryer Stacked
  • Sq Ft Combined: 1924
  • Total Sq Ft: 1924

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 87
  • Porch Type: Porch
  • Road Frontage Type: Gravel

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Attached
  • 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

Schools

  • School District: Royal Oak

Lot Info

  • Lot Size Area: 0.50
  • Lot Dimensions: 87.50X250.00
  • Parcel Number: 2504454003

Tax Info

  • Tax Amount Summer: 5447.0000
  • Tax Amount Winter: 1029.0000
  • Total Tax: 6476.0000
  • Taxable Value: 111620.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Jun 19, 2020
Sold by
The John D Cooley Trust
Bought by
Reedy Brian K and Balenger Tricia A
Seller's Agent
Joshua Sensoli
Choice One Realty of Michigan
Buyer's Agent
Joshua Sensoli
Choice One Realty of Michigan
List Price
$322,750
Sold Price
$295,000
Premium/Discount to List
-$27,750
-8.6%
Current Estimated Value
$626,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,603
Avg. Annual Appreciation
15.18%
Original Mortgage
$265,500
Outstanding Balance
$186,645
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$439,958

Purchase Details

Closed on
Dec 28, 2018
Sold by
Cooley John D and Cooley Elizabeth
Bought by
Cooley John D and John D Cooley Trust
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
Reedy Brian K $295,000 Liberty Title
Cooley John D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reedy Brian K $265,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2020 06/19/20 Sold $295,000 -8.6% $153 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/05/2020 05/05/20 For Sale $322,750 +9.4% $168 / Sq Ft
04/02/2020 04/02/20 Off Market $295,000 -- --
03/15/2020 03/15/20 Price Changed $322,750 -0.4% $168 / Sq Ft
02/29/2020 02/29/20 Price Changed $324,000 0.0% $168 / Sq Ft
02/29/2020 02/29/20 For Sale $324,000 -1.5% $168 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
11/24/2019 11/24/19 Price Changed $329,000 -6.0% $171 / Sq Ft
10/23/2019 10/23/19 Price Changed $349,900 -4.1% $182 / Sq Ft
09/09/2019 09/09/19 For Sale $365,000 -- $190 / 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 $7,845 $342,550 $0 $0
2022 $7,589 $158,400 $0 $0
2020 $6,849 $165,000 $0 $0
2018 $7,589 $145,790 $0 $0
2017 $6,186 $145,790 $0 $0
2015 -- $123,610 $0 $0
2014 -- $117,110 $0 $0
2011 -- $104,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219092561

Realcomp

APN: 25-04-454-003