NOT LISTED FOR SALE

525 Catalpa Dr Royal Oak, MI 48067

Estimated Value: $340,263 - $378,000

3 Beds
1 Bath
1,417 Sq Ft
$250/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $325,000 $229 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,271/month

2 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Forced Air Heating System
  • Northwood Elementary School Rated A-
  • Bungalow
  • Ceiling Fan

About This Home

As of June 2023

Charming arts and crafts bungalow in the heart of Royal Oak. Light filled interior with a spacious open floor plan, large primary bedroom, and private backyard. Lovely covered front porch leads to a light filled living room with hardwood floors and a cozy fireplace. Large central dining room with a bay window opens to a spacious kitchen with ample cabinet space. Two nice sized bedrooms share a full bath on the entry level. Private primary third bedroom retreat on the upper level. Full basement with laundry and extra storage space. Private fenced backyard with beautiful landscaping, a brick paver patio, and storage shed. Great location, steps from downtown Royal Oak shops and restaurants. Welcome Home!

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 04/28/2023

Good Company

Last Buyer's Agent

Kevin Schickel

Real Estate One-Milford License #RCO-6501391433

Real Estate One-Milford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45.00 x 116.00
  • Fenced
  • Corner Lot

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,417 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Ground Level

Community Details

  • No Home Owners Association
  • Osgood Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2516405001
  • $1,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,778

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1926
  • State Equalized Value: 107220.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Range, Free-Standing Gas Range, Free-Standing Refrigerator, Range Hood, Washer
  • Sq Ft Combined: 1417
  • Total Sq Ft: 1417
  • Sq Ft Total Bsmt: 942

Exterior Features

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

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Lot Features: Corner Lot
  • Lot Size Area: 0.12
  • Lot Dimensions: 45.00 x 116.00
  • Parcel Number: 2516405001

Tax Info

  • Tax Amount Summer: 4874.0000
  • Tax Amount Winter: 904.0000
  • Total Tax: 5778.0000
  • Taxable Value: 103470.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jun 2, 2023
Sold by
Saoud Aaron
Bought by
Parkanzky Elaine E
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Kevin Schickel
Real Estate One-Milford
List Price
$325,000
Sold Price
$325,000
Views
31
Current Estimated Value
$353,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,566
Avg. Annual Appreciation
4.03%
Original Mortgage
$276,250
Outstanding Balance
$270,312
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$83,254

Purchase Details

Listed on
Jul 2, 2020
Closed on
Aug 6, 2020
Sold by
Bator Benjamin
Bought by
Saoud Aaron
Seller's Agent
Brandon Curry
Signature Sotheby's International Realty Bham
Buyer's Agent
Jim Shaffer
Good Company
List Price
$265,000
Sold Price
$267,000
Premium/Discount to List
$2,000
0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$258,990
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2014
Closed on
Jul 9, 2014
Sold by
Desa Eduardo and Desa Aleksandra
Bought by
Bator Benjamin
Seller's Agent
Penny Toth
Brookstone, Realtors LLC
Buyer's Agent
Chris Lee
Real Estate One-Royal Oak
List Price
$184,900
Sold Price
$188,000
Premium/Discount to List
$3,100
1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%

Purchase Details

Closed on
Aug 11, 2006
Sold by
Parish Gregory M and Parish Katherine M
Bought by
Desa Eduardo and Dobrowolska Aleksandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 1995
Sold by
Clark James J
Bought by
Gregory M and Parish Katherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
7.9%
Mortgage Type
New Conventional
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
Parkanzky Elaine E $325,000 Parks Title
Saoud Aaron $267,000 Interstate Title Inc
Bator Benjamin $188,000 None Available
Desa Eduardo $176,650 Capital Title Ins Agency
Gregory M $94,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parkanzky Elaine E $276,250
Previous Owner Saoud Aaron $258,990
Previous Owner Bator Gregory $155,000
Previous Owner Desa Eduardo $140,000
Previous Owner Desa Eduardo $35,500
Previous Owner Gregory M $75,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $325,000 0.0% $229 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $325,000 +21.7% $229 / Sq Ft
08/06/2020 08/06/20 Sold $267,000 +0.8% $170 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $265,000 +41.0% $169 / Sq Ft
07/10/2014 07/10/14 Sold $188,000 +1.7% $146 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $184,900 -- $144 / 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 $3,744 $127,380 $0 $0
2022 $5,778 $107,220 $0 $0
2020 $5,111 $93,520 $0 $0
2018 $5,778 $78,730 $0 $0
2017 $2,917 $78,730 $0 $0
2015 -- $70,230 $0 $0
2014 -- $64,960 $0 $0
2011 -- $64,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230028147

Realcomp

APN: 25-16-405-001