NOT LISTED FOR SALE

615 Forestdale Rd Royal Oak, MI 48067

Estimated Value: $362,097 - $389,000

3 Beds
1 Bath
1,144 Sq Ft
$328/Sq Ft Est. Value

Last Sold October 06, 2022

Last sale price $317,000 $277 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,336/month

94 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Porch
  • Northwood Elementary School Rated A-
  • No HOA
  • 2-minute walk to Fernwood Park

About This Home

As of October 2022

**SHOWINGS AVAILABLE - September 1st - 4th** Fantastic Royal Oak Airbnb Investment Property $319,900! Investor opportunity as Airbnb. For additional $15,000 includes all remaining 2022 through January 2023 rentals with income booked, and fully furnished (excludes art). Here's your chance to own the cutest, most charming 100-year-old house in the area. Very quiet street in a central part of Royal Oak. Near Downtown Royal Oak, shopping, restaurants, and major highways. 1200 square foot house, updated and turn-key ready. 3 bedrooms located on the second level. Full bathroom with deep soaking tub and shower with handheld shower attachments. Lots of bathroom storage space. Living room major sunlight through 5 windows and fireplace. Dining room comfortably seats 4. Fenced backyard with nice deck.

Last Agent to Sell the Property

Christina Gennari

KW Domain License #6501322143 Listed on: 06/10/2022

KW Domain

Co-Listed By

Kelli Scott

KW Domain License #6501428541

Last Buyer's Agent

Azarah Stolhand

Real Broker LLC License #6501431929

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1923 | Remodeled in 2017

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00x120.00
  • Fenced

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,144 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Security System Leased
  • Unfinished Basement

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2516304047

Community Details

Overview

  • No Home Owners Association
  • Maple Grove Sub Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,094

Year Built

Built in 1923 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1923
  • State Equalized Value: 95250.0000
  • Year Renovated: 2017
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Furnished - Negotiable, Programmable Thermostat, Security Alarm (rented)
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 1144
  • Total Sq Ft: 1144
  • Sq Ft Total Bsmt: 572

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Electric, 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)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X120.00
  • Parcel Number: 2516304047

Tax Info

  • Tax Amount Summer: 4373.0000
  • Tax Amount Winter: 721.0000
  • Total Tax: 5094.0000
  • Taxable Value: 90820.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Oct 6, 2022
Sold by
Keating Keith
Bought by
Griffin Lauren
Seller's Agent
Christina Gennari
KW Domain
Buyer's Agent
Azarah Stolhand
Real Broker LLC
List Price
$330,000
Sold Price
$317,000
Premium/Discount to List
-$13,000
-3.94%
Views
44
Current Estimated Value
$375,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,024
Avg. Annual Appreciation
5.86%
Original Mortgage
$301,150
Outstanding Balance
$289,490
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$85,534

Purchase Details

Listed on
Nov 8, 2017
Closed on
Jan 22, 2018
Sold by
Edgar Julie A and Makowiec Julie
Bought by
Keating Keith
Seller's Agent
Michelle Makowiec
Crown Real Estate Group
Buyer's Agent
Jeffrey Michlin
Community Choice Realty Associates
List Price
$249,900
Sold Price
$238,000
Premium/Discount to List
-$11,900
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$226,100
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2004
Sold by
Demersseman Bernard D and Demersseman Julie A
Bought by
Makowiec Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,037
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 21, 2003
Sold by
Demersseman Julie A and Mcelheron Julie A
Bought by
Demersseman Bernard D and Demersseman Julie A

Purchase Details

Closed on
Jan 5, 1998
Sold by
Richards Bradley
Bought by
Mcelheron Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
7.16%

Purchase Details

Closed on
Mar 22, 1996
Sold by
Thielemann Brit A
Bought by
Richards Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,150
Interest Rate
7.36%
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
Griffin Lauren $317,000 --
Keating Keith $238,000 None Available
Makowiec Julie $212,500 Heritage Title
Demersseman Bernard D -- Metropolitan Title Company
Mcelheron Julie A $158,000 --
Richards Bradley $133,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Lauren $301,150
Previous Owner Keating Keith $164,300
Previous Owner Keating Keith $226,100
Previous Owner Edgar Julle A $83,420
Previous Owner Makowiec Julie $30,000
Previous Owner Makowiec Julie $27,000
Previous Owner Makowiec Julie $21,037
Previous Owner Makowiec Julie $170,000
Previous Owner Mcelheron Julie A $126,400
Previous Owner Richards Bradley $120,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2022 10/06/22 Sold $317,000 -0.9% $277 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
06/11/2022 06/11/22 Price Changed $319,900 -3.1% $280 / Sq Ft
06/10/2022 06/10/22 For Sale $330,000 +38.7% $288 / Sq Ft
01/22/2018 01/22/18 Sold $238,000 -0.8% $208 / Sq Ft
01/04/2018 01/04/18 Pending -- -- --
12/13/2017 12/13/17 Price Changed $239,900 -4.0% $210 / Sq Ft
11/08/2017 11/08/17 For Sale $249,900 -- $218 / 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 $4,052 $139,040 $0 $0
2022 $5,239 $101,130 $0 $0
2020 $3,937 $89,890 $0 $0
2018 $5,239 $80,780 $0 $0
2017 $3,700 $80,780 $0 $0
2015 -- $77,480 $0 $0
2014 -- $73,820 $0 $0
2011 -- $61,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220042016

Realcomp

APN: 25-16-304-047