NOT LISTED FOR SALE

527 E Farnum Ave Royal Oak, MI 48067

Estimated Value: $506,078 - $634,000

4 Beds
2.5 Baths
2,188 Sq Ft
$258/Sq Ft Est. Value

Last Sold December 06, 2018

Last sale price $334,000 $153 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,621/month

14 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • 2 Car Detached Garage
  • Royal Oak High School Rated 9+
  • No HOA
  • 5-minute walk to Whittier Park

About This Home

As of December 2018

This home is PERFECT for your new family! It is always a pleasure to have your parents or in laws over but not always a pleasure to have them in your space! Well this beautiful home is Royal Oak is your solution! This spectacular home features a spacious floor ample, ample closet space, and a living great for entertaining! This home is well lit on an awesome street. The only thing this home is missing is you! Come and see this home today!AMAZING In Law Suite in the back of the property (Licensed Rental Grandfathered in with the City) Living Room 17'5"x11'11"; Bedroom 11'x8'5"; Breakfast Nook 11'5"x5'10"; Kitchen 9'8"x9'5"; Utility/Laundry 11'8"x7". Both properties currently rented. **Excellent investment/income property as well.

Last Agent to Sell the Property

Tyrone Johnson

Cobb Realty Group License #6501407933 Listed on: 10/12/2018

Last Buyer's Agent

Gayle Scarth

Berkshire Hathaway HomeServices Kee Realty Oxford License #6501337443

Berkshire Hathaway HomeServices Kee Realty Oxford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1922 | Remodeled in 2015

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 40x158

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,188 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Assr's Plat No 2 Royal Oak Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2515332031

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,285

Year Built

Built in 1922 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1922
  • Year Renovated: 2015
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2188
  • Total Sq Ft: 2188
  • Sq Ft Total Bsmt: 744

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Deck, Porch
  • 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: 2499333.3333
  • Lot Size Area: 0.15
  • Lot Dimensions: 40x158
  • Parcel Number: 2515332031

Tax Info

  • Tax Amount Summer: 4350.0000
  • Tax Amount Winter: 935.0000
  • Total Tax: 5285.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2018
Closed on
Dec 6, 2018
Sold by
Kovalck Steven
Bought by
Ionescu Dan
Seller's Agent
Tyrone Johnson
Cobb Realty Group
Buyer's Agent
Gayle Scarth
Berkshire Hathaway HomeServices Kee Realty Oxford
List Price
$400,000
Sold Price
$334,000
Premium/Discount to List
-$66,000
-16.5%
Current Estimated Value
$564,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,520
Avg. Annual Appreciation
7.99%
Original Mortgage
$250,500
Outstanding Balance
$220,696
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$343,824

Purchase Details

Listed on
Jun 15, 2013
Closed on
Sep 27, 2013
Sold by
Becker John J and Becher Jean A
Bought by
Kovalck Steven
Seller's Agent
Caren Burdi
Michigan Realty Group, LLC
Buyer's Agent
Caren Burdi
Michigan Realty Group, LLC
List Price
$234,900
Sold Price
$212,000
Premium/Discount to List
-$22,900
-9.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$160,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ionescu Dan $334,000 First American Title
Kovalck Steven $212,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ionescu Dan $250,500
Previous Owner Kovalck Steven $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2018 12/06/18 Sold $334,000 -10.9% $153 / Sq Ft
11/02/2018 11/02/18 Price Changed $374,900 -1.3% $171 / Sq Ft
10/26/2018 10/26/18 Pending -- -- --
10/25/2018 10/25/18 Price Changed $379,900 -5.0% $174 / Sq Ft
10/13/2018 10/13/18 Price Changed $399,900 0.0% $183 / Sq Ft
10/12/2018 10/12/18 For Sale $400,000 +88.7% $183 / Sq Ft
09/27/2013 09/27/13 Sold $212,000 -9.7% $142 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
06/15/2013 06/15/13 For Sale $234,900 -- $158 / 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 $7,539 $197,180 $0 $0
2022 $8,222 $176,160 $0 $0
2020 $7,272 $161,380 $0 $0
2018 $8,222 $131,530 $0 $0
2017 $6,577 $131,530 $0 $0
2015 -- $118,100 $0 $0
2014 -- $112,110 $0 $0
2011 -- $97,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyrone Johnson

    Seller's Agent in 2018

    Tyrone Johnson

    Cobb Realty Group

    (313) 729-1638

    64 Total Sales

    Tyrone Johnson
    Section Image
  • Gayle Scarth

    Buyer's Agent in 2018

    Gayle Scarth

    Berkshire Hathaway HomeServices Kee Realty Oxford

    (248) 933-4680

    23 Total Sales

    Gayle Scarth
    Section Image

  • C

    Seller's Agent in 2013

    Caren Burdi

    Michigan Realty Group, LLC

See All Agents

Map

Source: Realcomp

MLS Number: 218100485

Realcomp

APN: 25-15-332-031

Michigan Oakland County Royal Oak 48067

527 E Farnum Ave, Royal Oak, MI

This home is located at 527 E Farnum Ave, Royal Oak, MI 48067 since 12 October 2018 and is currently estimated at $564,520, approximately $258 per square foot. This property was built in 1922. 527 E Farnum Ave is a home located in Oakland County with nearby schools including Keller Elementary, Royal Oak Middle School, and Royal Oak High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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