NOT LISTED FOR SALE

701 N Edison Ave Royal Oak, MI 48067

Estimated Value: $334,727 - $376,000

4 Beds
1.5 Baths
1,266 Sq Ft
$281/Sq Ft Est. Value

Last Sold March 11, 2021

Last sale price $275,000 $217 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,187/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Shed
  • Royal Oak High School Rated 9+
  • No HOA
  • 3-minute walk to Kenwood Park

About This Home

As of March 2021

Extremely appealing 4 bedroom colonial on a rare deep lot! Lovely oak floors throughout living room and all bedrooms, freshly painted in warm neutral colors. Large eating space in kitchen offers a door wall to deck. Ceiling fans in all bedrooms, 4th bedroom perfect as a sunny home office. Newer vinyl windows, dishwasher, and disposal, some new lighting fixtures, updated baths. All appliances are included. Large finished basement with recessed lighting expands your living space! Shed provides space for gardening needs, and great lot for possible expansion, garage. Convenient location within minutes to expressways and Downtown entertainment!

Last Agent to Sell the Property

Laura Bell

Signature Sotheby's International Realty Bham License #6501224303 Listed on: 02/09/2021

Signature Sotheby's International Realty Bham

Last Buyer's Agent

Elena Martinovici

Coldwell Banker Professionals Birm License #6501327623

Coldwell Banker Professionals Birm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1968

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 40.00x163.00
  • Fenced

Home Design

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

Interior Spaces

  • 1,266 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Finished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • J A Berridge Super Sub Royal Oak Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2514305054

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,156

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1968
  • State Equalized Value: 95850.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Free-Standing Electric Oven, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1770
  • Sq Ft Lower Floor: 504
  • Total Sq Ft: 1266
  • Sq Ft Total Bsmt: 606

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Construction Features: Platted Sub.
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

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

  • Homestead: Yes
  • List Price per Acre: 1900000.0000
  • Lot Size Area: 0.15
  • Lot Dimensions: 40.00X163.00
  • Parcel Number: 2514305054

Tax Info

  • Tax Amount Summer: 2461.0000
  • Tax Amount Winter: 695.0000
  • Total Tax: 3156.0000
  • Taxable Value: 76800.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2021
Closed on
Mar 11, 2021
Sold by
Copus Karen
Bought by
Mcconaghy Ryan
Seller's Agent
Laura Bell
Signature Sotheby's International Realty Bham
Buyer's Agent
Elena Martinovici
Coldwell Banker Professionals Birm
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Current Estimated Value
$355,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,682
Avg. Annual Appreciation
5.73%

Purchase Details

Closed on
Jun 27, 2011
Sold by
Lorigan Michael A and Lorigan Holly E
Bought by
Copus Karen

Purchase Details

Closed on
Mar 19, 1999
Sold by
Stewart Jamie
Bought by
Lorigan Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
7.17%

Purchase Details

Closed on
Sep 26, 1996
Sold by
Stewart Jamie
Bought by
Stewart Jamie

Purchase Details

Closed on
Feb 17, 1995
Sold by
Hossack James E
Bought by
Summers Joseph M and Stewart Jamie M
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
Mcconaghy Ryan $275,000 Interstate Title Inc
Copus Karen $100,000 None Available
Lorigan Michael A $144,000 --
Stewart Jamie -- --
Summers Joseph M $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lorigan Michael A $115,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2021 03/11/21 Sold $275,000 -3.5% $217 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $285,000 -- $225 / 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 $3,680 $129,470 $0 $0
2020 $3,576 $95,850 $0 $0
2018 $4,548 $89,800 $0 $0
2017 $3,028 $89,800 $0 $0
2015 -- $85,000 $0 $0
2014 -- $81,750 $0 $0
2011 -- $68,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Laura Bell

    Signature Sotheby's International Realty Bham

    (248) 421-2355

    3 in this area

    55 Total Sales

    Laura Bell
    Section Image
  • Elena Martinovici

    Buyer's Agent in 2021

    Elena Martinovici

    Coldwell Banker Professionals Birm

    (248) 635-7140

    3 in this area

    85 Total Sales

    Elena Martinovici
    Section Image
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Map

Source: Realcomp

MLS Number: 2210008481

Realcomp

APN: 25-14-305-054

Michigan Oakland County Royal Oak 48067

701 N Edison Ave, Royal Oak, MI

This home is located at 701 N Edison Ave, Royal Oak, MI 48067 since 09 February 2021 and is currently estimated at $355,682, approximately $280 per square foot. This property was built in 1968. 701 N Edison 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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