NOT LISTED FOR SALE

532 Cherry Ave Royal Oak, MI 48073

Estimated Value: $366,000 - $420,000

3 Beds
2.5 Baths
1,387 Sq Ft
$288/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $306,000 $221 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,839/month

37 Days on Market

Highlights

  • No HOA
  • Stainless Steel Appliances
  • Porch
  • Northwood Elementary School Rated A-
  • 2 Car Detached Garage
  • 2-minute walk to Hamer Finch Wilkins Park

About This Home

As of December 2022

UPDATED, Adorable bungalow in Royal Oak. A NEW KITCHEN and a FIRST FLOOR PRIMARY SUITE. Vintage charm with a modern flair. This bright home has a ton of natural light and an open floor plan. Remodeled kitchen with Quartz counters, new stainless steel appliances, plenty of cabinet space, plus a large island with amazing pendant lights. The kitchen opens to living room, with hard wood floors. it’s where you will gather and enjoy cool fall nights. The guest bathroom is retro with turquoise accents. The spacious primary suite bathroom is updated with a two sink vanity and large euro shower. The primary bedroom is huge, with wood floors and an enormous wall of closet space. The upstairs bedroom/office is freshly updated with newer carpeting and light fixtures, the architectural nooks with windows create a cool space. The basement is waiting for your creative touches and it already has a half bath. So many updates, new roof, new washer and dryer, new master bedroom, and updated appliances. The 2 car garage is just icing on the cake. Don’t miss out on this home, schedule your showing soon. BATVI

Last Agent to Sell the Property

Heather Jenkins

Max Broock, REALTORS®-Troy License #6501380672 Listed on: 10/20/2022

Max Broock, REALTORS®-Troy

Last Buyer's Agent

Sophie Smith

KW Metro License #RCO-6501409325

KW Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1946 | Remodeled in 2020

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50.00 x 140.00

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,387 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • ENERGY STAR Qualified Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Forest Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2509455020

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,014

Year Built

Built in 1946 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Year Built: 1946
  • State Equalized Value: 146730.0000
  • Year Renovated: 2020
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: ENERGY STAR® qualified washer, Disposal, Dryer, ENERGY STAR® qualified dishwasher, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s)
  • Total Sq Ft: 1387

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Door Opener, Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.16
  • Lot Dimensions: 50.00 x 140.00
  • Parcel Number: 2509455020

Tax Info

  • Tax Amount Summer: 6030.0000
  • Tax Amount Winter: 984.0000
  • Total Tax: 7014.0000
  • Taxable Value: 128010.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Dec 2, 2022
Sold by
Stephens Timothy James
Bought by
Krueger Bradley James and Krueger Laurel
Seller's Agent
Heather Jenkins
Max Broock, REALTORS®-Troy
Buyer's Agent
Sophie Smith
KW Metro
List Price
$355,000
Sold Price
$306,000
Premium/Discount to List
-$49,000
-13.8%
Views
11
Current Estimated Value
$399,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,456
Avg. Annual Appreciation
9.01%

Purchase Details

Closed on
Jul 8, 2019
Sold by
Risch Timothy J
Bought by
Stephens Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2002
Sold by
Risch Dolores L
Bought by
Risch Timothy J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Krueger Bradley James $306,000 --
Stephens Timothy $200,000 Ravenswood Title Company Llc
Risch Timothy J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stephens Timothy $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2022 12/02/22 Sold $306,000 -7.3% $221 / Sq Ft
11/27/2022 11/27/22 Pending -- -- --
11/02/2022 11/02/22 Price Changed $330,000 -7.0% $238 / Sq Ft
10/20/2022 10/20/22 For Sale $355,000 0.0% $256 / Sq Ft
07/03/2020 07/03/20 Rented $2,250 0.0% --
06/18/2020 06/18/20 Under Contract -- -- --
06/12/2020 06/12/20 For Rent $2,250 -- --
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
2025 $9,028 $174,560 $0 $0
2024 $7,533 $164,310 $0 $0
2022 $6,030 $146,730 $0 $0
2020 $7,455 $117,210 $0 $0
2018 $7,149 $95,960 $0 $0
2017 $2,793 $95,960 $0 $0
2015 -- $83,310 $0 $0
2014 -- $81,190 $0 $0
2011 -- $65,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221051136

Realcomp

APN: 25-09-455-020