NOT LISTED FOR SALE

701 N Stephenson Hwy Unit 101 Royal Oak, MI 48067

Estimated Value: $108,846 - $206,000

2 Beds
1 Bath
685 Sq Ft
$220/mo HOA Fee

Last Sold February 20, 2017

Last sale price $50,000 $73 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $1,095/month

20 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating System
  • 3-minute walk to Kenwood Park
  • Royal Oak High School Rated 9+

About This Home

As of February 2017

First floor, brick condo located in Royal Oak. 2 bedrooms situated on a basement foundation. 1 assigned parking space. Immediate occupancy.

Last Agent to Sell the Property

Bob MacKenzie

Team MacKenzie License #6501105321 Listed on: 12/23/2016

Team MacKenzie

Co-Listed By

Madeline Cole

Real Estate One-St Clair Shrs License #6501381311

Last Buyer's Agent

Mary Sagady

Own Your Dream License #RCO

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1956

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 685 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Forest Manor Occpn 47 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2514330022

Property Details

Home Type

Condominium

Year Built

Built in 1956

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Type: Condominium
  • Architecture Level: 1 Story
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 685
  • Total Sq Ft: 685
  • Sq Ft Total Bsmt: 500

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s)
  • 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 Frequency: Monthly
  • Association Fee: 220
  • Association Fee: Yes

Schools

  • School District: Royal Oak

Lot Info

  • Parcel Number: 2514330022

Tax Info

  • Tax Amount Summer: 1382.0000
  • Tax Amount Winter: 133.0000
  • Total Tax: 1515.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2016
Closed on
Feb 23, 2017
Sold by
Riggins Pauline
Bought by
Domin Louis
Seller's Agent
Bob MacKenzie
Team MacKenzie
Buyer's Agent
Mary Sagady
Own Your Dream
List Price
$50,000
Sold Price
$50,000
Current Estimated Value
$144,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,962
Avg. Annual Appreciation
13.09%
Interest Rate
4.16%

Purchase Details

Closed on
Dec 6, 2016
Sold by
Riggins Pauline and Wells Fargo Bank Na
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Nov 9, 1998
Sold by
Kettlewell Elba F
Bought by
Riggins Pauline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,655
Interest Rate
6.78%
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
Domin Louis $50,000 --
Fannie Mae $39,000 None Available
Riggins Pauline $64,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Domin Louis --
Previous Owner Riggins Pauline $61,655
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2017 02/20/17 Sold $50,000 0.0% $73 / Sq Ft
01/12/2017 01/12/17 Pending -- -- --
12/23/2016 12/23/16 For Sale $50,000 -- $73 / 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 $1,266 $35,680 $0 $0
2022 $1,382 $26,790 $0 $0
2020 $1,222 $25,060 $0 $0
2018 $1,382 $21,720 $0 $0
2017 $1,229 $21,720 $0 $0
2015 -- $17,860 $0 $0
2014 -- $15,760 $0 $0
2011 -- $31,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216115112

Realcomp

APN: 25-14-330-022