NOT LISTED FOR SALE

527 Cherry Ave Royal Oak, MI 48073

Estimated Value: $320,000 - $345,000

3 Beds
1 Bath
1,000 Sq Ft
$330/Sq Ft Est. Value

Last Sold December 06, 2016

Last sale price $192,507 $193 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,999/month

Highlights

  • Ranch Style House
  • Wood Flooring
  • Porch
  • Northwood Elementary School Rated A-
  • Fenced Yard
  • 2-minute walk to Hamer Finch Wilkins Park

About This Home

As of December 2016

Totally remodeled and improved. New custom layout features open Kitchen, Living Room with bar island set up. Professionally refinished hardwood floors, New interior doors throughout, vinyl windows and much more. Must see completely new main bathroom with custom painted finish cabinetry, granite counters and porcelain tile. Full basement, washer and dryer included. Brand New Central Air, new Furnace 2015, new electrical panel 2016. This house is totally turn key. Excellent Forest Heights location only 1.5 miles North of Town.

Last Agent to Sell the Property

Mario Como

Berkshire Hathaway HomeServices Kee Realty SCS License #MISPE-6506045071 Listed on: 11/07/2016

Berkshire Hathaway HomeServices Kee Realty SCS

Last Buyer's Agent

Ann Byer

Real Living Metro Real Estate License #RCO-6505371182

Real Living Metro Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1959

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Fenced Yard

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,000 Sq Ft Home
  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • Forest Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2509457005

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,644

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 2644.03
  • Total Tax Year: 2015
  • Year Built: 1959
  • Mail City: Royal Oak
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Dryer, Washer
  • Basement: Yes
  • Basement: Poured, Unfinished
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 11 x 12
  • Bedroom 2: On Entry Level, Dimensions: 11 x 11
  • Bedroom 3: On Entry Level, Dimensions: 10 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Kitchen: On Entry Level, Dimensions: 12 x 14
  • Living Room: On Entry Level, Dimensions: 14 x 14
  • Below Grade Sq Ft: 1000
  • Above Grade Finished Sq Ft: 1000
  • Total Finished Sq Ft: 1000

Exterior Features

  • Exterior: Brick
  • Exterior Features: Fenced Yard, Patio, Porch, Sidewalks
  • Foundation: Basement
  • Frontage: 50

Garage/Parking

  • Garage: Gar Door Opener, Attached Garage
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 2509457005
  • Zoning: Residential
  • Lot Dimensions: 50x140
  • Acreage: 0.16
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2015, Amount: $2,125.54
  • Winter Tax: Year: 2015, Amount: $518.49
  • Total Tax: Year: 2015, Amount: $2,644.03

MLS Schools

  • School District: Royal Oak Neighborhood Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2016
Closed on
Dec 6, 2016
Sold by
Como Susan and Como Mario
Bought by
Lenneman Joseph
Seller's Agent
Mario Como
Berkshire Hathaway HomeServices Kee Realty SCS
Buyer's Agent
Ann Byer
Real Living Metro Real Estate
List Price
$186,900
Sold Price
$192,507
Premium/Discount to List
$5,607
3%
Current Estimated Value
$330,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,628
Avg. Annual Appreciation
6.25%
Original Mortgage
$182,882
Outstanding Balance
$147,445
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$182,690

Purchase Details

Closed on
Feb 5, 2016
Sold by
Casagrande Diane
Bought by
Paluzzi James J and Como Mario

Purchase Details

Closed on
Jan 31, 2001
Sold by
Bridge Ann
Bought by
Casagrande Diane
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
Lenneman Joseph $192,507 Premier Title Agency Llc
Paluzzi James J $115,000 Premier Title Agency Llc
Casagrande Diane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lenneman Joseph $182,882
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2016 12/06/16 Sold $192,507 +3.0% $193 / Sq Ft
11/07/2016 11/07/16 Pending -- -- --
11/07/2016 11/07/16 For Sale $186,900 -- $187 / Sq Ft
Source: Michigan Multiple Listing Service

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 $3,208 $126,160 $0 $0
2022 $3,791 $112,090 $0 $0
2020 $3,118 $103,370 $0 $0
2018 $3,791 $82,330 $0 $0
2017 $3,380 $82,330 $0 $0
2015 -- $70,740 $0 $0
2014 -- $65,210 $0 $0
2011 -- $60,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31307170

Michigan Multiple Listing Service

APN: 25-09-457-005