NOT LISTED FOR SALE

616 Wellesley Ave Royal Oak, MI 48067

Estimated Value: $372,000 - $419,265

3 Beds
1.5 Baths
1,431 Sq Ft
$283/Sq Ft Est. Value

Last Sold September 28, 2012

Last sale price $149,900 $105 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $2,425/month

49 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System
  • Royal Oak High School Rated 9+
  • 1 Car Attached Garage
  • 4-minute walk to Maddock Park

About This Home

As of September 2012

Gorgeous mid-century brick ranch on huge lot in a great part of Royal Oak. Completely updated w/ sensitivity to the era and move-in ready. Beautiful florida rm to entertain and enjoy year round. Prof updates t/o, workmanship is top notch. New bamboo floors, c/a, furnace & roof (tear off). Updated elctr and insulation. Ceiling speakers t/o. Perfect location, quiet neighboorhood w/ easy access to hwys and only a 1 mile bike ride to downtown Royal Oak!

Last Agent to Sell the Property

Kimberly Nagy Street

EXP Realty Nagy Group License #6501265705 Listed on: 08/09/2012

Last Buyer's Agent

Mark Brown

RE/MAX Classic License #6501227001

RE/MAX Classic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80x120

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,431 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

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
  • Stephenson Super Highway Sub No 3 Royal Oak Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2523180017

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,894

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Dryer, Washer
  • Sq Ft Combined: 1431
  • Total Sq Ft: 1431

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Brick
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Attached
  • 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: 681364.0000
  • Lot Size Area: 0.22
  • Lot Dimensions: 80X120
  • Parcel Number: 2523180017

Tax Info

  • Tax Amount Summer: 2801.0000
  • Tax Amount Winter: 93.0000
  • Total Tax: 2894.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2012
Closed on
Sep 28, 2012
Sold by
Constas George
Bought by
Gilbert Rebecca Hart
Seller's Agent
Kimberly Nagy Street
EXP Realty Nagy Group
Buyer's Agent
Mark Brown
RE/MAX Classic
List Price
$149,900
Sold Price
$149,900
Current Estimated Value
$404,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,916
Avg. Annual Appreciation
7.77%
Original Mortgage
$144,337
Interest Rate
3.57%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 2011
Sold by
Gillespi Amended Restated Beatrice Marie
Bought by
Constas George and Constas George A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2010
Sold by
Gillespie Beatrice M
Bought by
Gilles Amended and Gilles Restated Beatrice Marie
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
Gilbert Rebecca Hart $149,900 None Available
Constas George $90,000 Capital Title Ins Agency
Gilles Amended -- Capital Title Ins Agency
Gillespie Beatrice M $85,000 Seaver Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbert Rebecca Hart $50,000
Open Gilbert Rebecca Hart $119,997
Closed Gilbert Rebecca $144,337
Previous Owner Constas George A $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2012 09/28/12 Sold $149,900 0.0% $105 / Sq Ft
09/27/2012 09/27/12 Pending -- -- --
08/09/2012 08/09/12 For Sale $149,900 -- $105 / 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 $3,216 $165,970 $0 $0
2022 $3,405 $138,230 $0 $0
2020 $3,125 $113,300 $0 $0
2018 $3,405 $103,450 $0 $0
2017 $3,319 $103,450 $0 $0
2015 -- $96,810 $0 $0
2014 -- $92,450 $0 $0
2011 -- $80,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212082465

Realcomp

APN: 25-23-180-017