NOT LISTED FOR SALE

701 E Farnum Ave Royal Oak, MI 48067

Estimated Value: $517,000 - $526,000

4 Beds
3 Baths
1,646 Sq Ft
$318/Sq Ft Est. Value

Last Sold June 13, 2023

Last sale price $470,000 $286 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,284/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • Gazebo
  • Royal Oak High School Rated 9+
  • No HOA
  • Stainless Steel Appliances

About This Home

As of June 2023

Beautiful brick colonial just a few blocks from bustling downtown Royal Oak and 1 block from Whittier park. The attention to detail begins as you climb the paver steps through the front door to this well decorated recently remodeled home. Unpack, then enjoy all the wonderful features. Including Hardwood floors, recessed lighting and three full baths. Cook in your gorgeous galley kitchen with granite counters, stainless steel appliances & rich dark cabinets. When Winter comes you will stay warm in the large living room with a gas fireplace and the back family/den room is perfect for TV or work from-home office with 2nd private staircase. The primary suite is beautifully finished with brand new Euro glass shower. 4th bedroom is currently being used as primary suite walk-in closet but could very easily be converted back. Great large fenced yard with stamped concrete patio, firepit pad & small gazebo. Backyard is perfect for today’s outdoor entertaining environment.

Last Agent to Sell the Property

Kate Hayman

KW Domain License #6501341688 Listed on: 05/10/2023

KW Domain

Co-Listed By

Stacy Hauck

KW Domain License #6501350059

Last Buyer's Agent

Karen Gillette

Real Estate One-Royal Oak License #6501242393

Real Estate One-Royal Oak

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1939 | Remodeled in 2016

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 41.00 x 158.00
  • Fenced

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,646 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Exterior Lighting
  • Gazebo
  • Porch

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association
  • Baldwin's Replat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2515332039

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,075

Year Built

Built in 1939 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 194.00
  • Year Built: 1939
  • State Equalized Value: 162650.0000
  • Year Renovated: 2016
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 1646
  • Total Sq Ft: 1646
  • Sq Ft Total Bsmt: 557

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting, Fenced, Gazebo
  • Foundation Materials: Poured
  • Frontage Feet: 41
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Side Entrance, 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)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 41.00 x 158.00
  • Parcel Number: 2515332039

Tax Info

  • Tax Amount Summer: 7685.0000
  • Tax Amount Winter: 1390.0000
  • Total Tax: 9075.0000
  • Taxable Value: 159020.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Jun 13, 2023
Sold by
Harrison Ross Wermuth Revocable Living T and Susan L Nest Trust
Bought by
Oloughlin Seth and Cantwell Kay
Seller's Agent
Kate Hayman
KW Domain
Buyer's Agent
Karen Gillette
Real Estate One-Royal Oak
List Price
$439,900
Sold Price
$470,000
Premium/Discount to List
$30,100
6.84%
Views
79
Current Estimated Value
$522,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,642
Avg. Annual Appreciation
2.92%
Original Mortgage
$446,500
Outstanding Balance
$436,365
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$65,370

Purchase Details

Listed on
Jun 18, 2020
Closed on
Jul 8, 2020
Sold by
Richter Matthew
Bought by
Brooke Home Rentals Llc
Seller's Agent
Mike Sher
Max Broock, REALTORS®-Bloomfield Hills
Buyer's Agent
Nancy Robinson
Real Broker Berkley
List Price
$347,500
Sold Price
$350,100
Premium/Discount to List
$2,600
0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.57%

Purchase Details

Listed on
Jan 5, 2015
Closed on
Feb 27, 2015
Sold by
Stevens James D and Stevens Susan J
Bought by
Richter Matthew
Seller's Agent
Mike Sher
Max Broock, REALTORS®-Bloomfield Hills
Buyer's Agent
Mike Sher
Max Broock, REALTORS®-Bloomfield Hills
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.91%
Original Mortgage
$256,500
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 17, 2012
Closed on
Jan 11, 2013
Sold by
Costello Theresa M
Bought by
Stevens James D and Stevens Susan J
Seller's Agent
Patricia Timlin
RE/MAX Classic
Buyer's Agent
Jim Shaffer
Good Company Realty LLC
List Price
$205,000
Sold Price
$184,000
Premium/Discount to List
-$21,000
-10.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.92%

Purchase Details

Closed on
Feb 13, 2007
Sold by
Hopper Warren and Costello Theresa M
Bought by
Costello Theresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2006
Sold by
The Janet E Grisham Trust
Bought by
Hopper Warren and Costello Theresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,225
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2002
Sold by
Grisham Janet E
Bought by
Janet E Grisham Tr

Purchase Details

Closed on
Feb 5, 1999
Sold by
Luitink Reta G
Bought by
Grisham Janet E
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
Oloughlin Seth $470,000 None Listed On Document
Brooke Home Rentals Llc $350,100 Devon Title Agency
Richter Matthew $285,000 Capital Title Ins Agency
Stevens James D $184,000 Metro Hills Title Agency Llc
Costello Theresa M -- None Available
Hopper Warren -- None Available
Janet E Grisham Tr -- --
Grisham Janet E $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oloughlin Seth $446,500
Previous Owner Richter Matthew $256,500
Previous Owner Costello Theresa M $214,954
Previous Owner Costello Theresa M $216,000
Previous Owner Hopper Warren $210,225
Previous Owner Hopper Warren $40,000
Previous Owner Hopper Warren $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2023 06/13/23 Sold $470,000 +6.8% $286 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $439,900 +25.6% $267 / Sq Ft
07/08/2020 07/08/20 Sold $350,100 +0.7% $213 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $347,500 +21.9% $211 / Sq Ft
02/27/2015 02/27/15 Sold $285,000 -5.0% $173 / Sq Ft
01/17/2015 01/17/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $299,900 +63.0% $182 / Sq Ft
01/15/2013 01/15/13 Sold $184,000 -10.2% $112 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
08/17/2012 08/17/12 For Sale $205,000 -- $125 / 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 $5,983 $203,580 $0 $0
2022 $9,074 $162,650 $0 $0
2020 $7,855 $148,670 $0 $0
2018 $9,074 $145,730 $0 $0
2017 $5,590 $145,730 $0 $0
2015 -- $122,120 $0 $0
2014 -- $98,720 $0 $0
2011 -- $82,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kate Hayman

    Seller's Agent in 2023

    Kate Hayman

    KW Domain

    (248) 330-0534

    36 in this area

    215 Total Sales

    Kate Hayman
    Section Image
  • Stacy Hauck

    Seller Co-Listing Agent in 2023

    Stacy Hauck

    KW Domain

    (248) 915-0066

    21 in this area

    103 Total Sales

    Stacy Hauck
    Section Image
  • Karen Gillette

    Buyer's Agent in 2023

    Karen Gillette

    Real Estate One

    (248) 330-3508

    12 in this area

    21 Total Sales

    Karen Gillette
    Section Image
  • Mike Sher

    Seller's Agent in 2020

    Mike Sher

    Max Broock, REALTORS®-Bloomfield Hills

    (248) 496-1572

    19 in this area

    249 Total Sales

    Mike Sher
    Section Image
  • Nancy Robinson

    Buyer's Agent in 2020

    Nancy Robinson

    Real Broker Berkley

    (248) 224-1013

    192 in this area

    519 Total Sales

    Nancy Robinson
    Section Image

  • P

    Seller's Agent in 2013

    Patricia Timlin

    RE/MAX

    Section Image
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Map

Source: Realcomp

MLS Number: 20230035327

Realcomp

APN: 25-15-332-039

Michigan Oakland County Royal Oak 48067

701 E Farnum Ave, Royal Oak, MI

This home is located at 701 E Farnum Ave, Royal Oak, MI 48067 since 10 May 2023 and is currently estimated at $522,642, approximately $317 per square foot. This property was built in 1939. 701 E Farnum Ave is a home located in Oakland County with nearby schools including Keller Elementary, Royal Oak Middle School, and Royal Oak High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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