NOT LISTED FOR SALE

55 Chippewa Ave Royal Oak, MI 48073

Estimated Value: $449,813 - $525,000

4 Beds
2.5 Baths
1,983 Sq Ft
$249/Sq Ft Est. Value

Last Sold December 07, 2012

Last sale price $260,000 $131 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,000/month

26 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • 2 Car Detached Garage
  • Royal Oak High School Rated A-
  • No HOA
  • 3-minute walk to Realtor Park

About This Home

As of December 2012

BEAUTIFUL NORTH ROYAL OAK COLONIAL. BETTER THAN NEW CONSTRUCTION - ORIGINAL "BONES" ON 1ST FLR / FOUNDATION W/ BRAND NEW 2ND STORY ADDITION. EVERYTHING HAS BEEN DONE IN THIS HOME. OPEN FLR PLAN, 2ND FLR LAUNDRY, BEAUTIFUL KITCHEN W/ GRANITE COUNTERS & MAPLE CABS. BRAND NEW GARAGE W/ ELECTRIC. QUIET TREE LINED STREET WALKING DISTANCE TO BEAUTIFUL & BUSTLING DOWNTOWN CLAWSON. OWNER PREFERS 24 HR NOTICE TO SHOW IF POSSIBLE.

Last Agent to Sell the Property

Grant Berakovich

Max Broock, REALTORS®-Birmingham License #6501366856 Listed on: 10/05/2012

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Drew Colburn

Colburn McDonald Asoc, REALTOR® License #RCO-6501288064

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1951 | Remodeled in 2006

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 46x140
  • Fenced

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,983 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Finished Basement
  • Fireplace in Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Harry Slatkins City Park Sub Royal Oak Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2504279013

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,410

Year Built

Built in 1951 | Remodeled in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1951
  • Year Renovated: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Total Sq Ft: 1983

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Fenced, Lighting
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air, Ceiling Fan(s)
  • 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

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1832667.0000
  • Lot Size Area: 0.15
  • Lot Dimensions: 46X140
  • Parcel Number: 2504279013

Tax Info

  • Tax Amount Summer: 3298.0000
  • Tax Amount Winter: 112.0000
  • Total Tax: 3410.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2012
Closed on
Dec 7, 2012
Sold by
Bothe Harry William and Bothe Kelly
Bought by
Miller Elizabeth
Seller's Agent
Grant Berakovich
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Drew Colburn
Colburn McDonald Asoc, REALTOR®
List Price
$274,900
Sold Price
$260,000
Premium/Discount to List
-$14,900
-5.42%
Current Estimated Value
$492,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,953
Avg. Annual Appreciation
5.02%

Purchase Details

Closed on
Feb 6, 2009
Sold by
Bothe Harry and Bothe Kelley
Bought by
Bothe Harry W and Bothe Kelley L

Purchase Details

Closed on
Dec 19, 2005
Sold by
Bothe Kelley and Churchill Kelley L
Bought by
Bothe Harry and Bothe Kelley

Purchase Details

Closed on
May 6, 1999
Sold by
Klokeid John Steve
Bought by
Churchill Kelley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
6.94%

Purchase Details

Closed on
Feb 24, 1997
Sold by
Rogers Tinamarie Ann
Bought by
Klokeid John Steve
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
Miller Elizabeth $260,000 Capital Title Ins Agency
Bothe Harry W -- None Available
Bothe Harry -- Great Lakes Title
Churchill Kelley L $142,000 --
Klokeid John Steve -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Churchill Kelley L $134,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2012 12/07/12 Sold $260,000 -5.4% $131 / Sq Ft
10/31/2012 10/31/12 Pending -- -- --
10/05/2012 10/05/12 For Sale $274,900 -- $139 / 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
2025 $5,092 $212,030 $0 $0
2024 $3,876 $198,360 $0 $0
2022 $4,010 $166,860 $0 $0
2020 $3,298 $140,000 $0 $0
2018 $4,010 $137,350 $0 $0
2017 $4,180 $137,350 $0 $0
2015 -- $128,790 $0 $0
2014 -- $126,700 $0 $0
2011 -- $96,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212103036

Realcomp

APN: 25-04-279-013