NOT LISTED FOR SALE

602 N Vermont Ave Royal Oak, MI 48067

Estimated Value: $316,000 - $391,000

3 Beds
1 Bath
1,344 Sq Ft
$254/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $221,000 $164 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,082/month

Highlights

  • Corner Lot
  • Bungalow
  • Forced Air Heating and Cooling System
  • Royal Oak High School Rated 9+

About This Home

As of December 2020

Incredible opportunity to be in Royal Oak at this price! Charming home first time on the market in over 50 years. Great bones and very much livable. Corner lot with PRIVACY. Central air and bath in basement. Update now or later--THIS PROPERTY WONT LAST!

Last Agent to Sell the Property

Steve Humes

Realty Executives Home Towne Chesterfield License #MISPE-6501295206 Listed on: 10/16/2020

Realty Executives Home Towne Chesterfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1951

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 45 x 130
  • Corner Lot

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 25-15-431-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,417

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 2417
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Basement: Finished
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 11 x 11
  • Bedroom 2: Dimensions: 11 x 11
  • Bedroom 3: Dimensions: 11 x 11
  • Bathrooms Description: Basement Lavatory, First Flr Full Bathroom
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Entry
  • Below Grade Sq Ft: 915
  • Finished Below Grade Sq Ft: 110
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1234
  • Total Finished Sq Ft: 1344

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Basement
  • Frontage: 45
  • Road: Paved Street

Garage/Parking

  • Garage: No

Utilities

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

Lot Info

  • Assessor Parcel Number: 25-15-431-014
  • Zoning: Residential
  • Location: Corner Lot
  • Lot Dimensions: 45 x 130
  • Acreage: 0.15
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $1,900.00
  • Winter Tax: Year: 2019, Amount: $517.00
  • Total Tax: Amount: $2,417.00

MLS Schools

  • School District: Royal Oak Neighborhood Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Dec 28, 2020
Sold by
Szblowski Sherry E and Mcgowan Mark A
Bought by
Coletto Eric
Seller's Agent
Steve Humes
Realty Executives Home Towne Chesterfield
List Price
$239,500
Sold Price
$221,000
Premium/Discount to List
-$18,500
-7.72%
Current Estimated Value
$341,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,029
Original Mortgage
$209,950
Outstanding Balance
$192,015
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2020
Sold by
Mcgowan Rita
Bought by
Mcgowan Rita

Purchase Details

Closed on
Nov 7, 2019
Sold by
Mcgowan Rita J and Mcgowan Frederick Robert
Bought by
Mcgowan Rita
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
Coletto Eric $221,000 Devon Title Agency
Mcgowan Rita -- None Available
Mcgowan Rita -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coletto Eric M $209,950
Previous Owner Mcgowan Rita J $38,500
Previous Owner Mcgowan Rita J $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $221,000 -7.7% $164 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $239,500 -- $178 / 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 $3,368 $130,020 $0 $0
2022 $3,955 $106,770 $0 $0
2020 $3,252 $96,680 $0 $0
2018 $3,955 $82,990 $0 $0
2017 $2,368 $82,990 $0 $0
2015 -- $73,120 $0 $0
2014 -- $67,910 $0 $0
2011 -- $59,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50026740

Michigan Multiple Listing Service

APN: 25-15-431-014