NOT LISTED FOR SALE

702 Florence Ave Royal Oak, MI 48067

Estimated Value: $375,000 - $400,572

4 Beds
2 Baths
1,322 Sq Ft
$296/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $300,000 $227 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,480/month

47 Days on Market

Highlights

  • Deck
  • No HOA
  • Porch
  • Northwood Elementary School Rated A-
  • 2 Car Detached Garage
  • Patio

About This Home

As of December 2020

Charming Royal Oak bungalow with beautiful hardwood floors, finished basement, and tons of character. Nice enclosed porch leads to a bright family room with cozy brick fireplace. Living room flows into the dining room with built-ins and access to the back deck. Beautiful kitchen with a view of the back yard, stainless steel appliances, recessed lighting, and plenty of cabinet and counter space. Two bedrooms on the first floor share a full bath. Second floor includes two additional bedrooms, a large walk in closet, and a second en suite full bath. Big finished basement with gas fireplace, separate laundry room, and extra storage space. Wonderful curb appeal with brick walkway and garden beds. Great backyard for entertaining with brick paver patio, deck, and detached two car garage. Within walking distance to local parks and downtown Royal Oak. Welcome Home!

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 09/01/2020

Good Company

Last Buyer's Agent

Jackson Smith

Good Company License #RCO-6501405560

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1922

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00x120.00
  • Fenced

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,322 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Attic Fan

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Sump Pump
  • Fireplace in Basement

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Edgewood Park Sub Royal Oak Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2516455012
  • $1,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,055

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1922
  • State Equalized Value: 98550.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Basement, Living Room
  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1840
  • Sq Ft Lower Floor: 518
  • Total Sq Ft: 1322
  • Sq Ft Total Bsmt: 874

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exclusions: Yes
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.14
  • Lot Dimensions: 50.00X120.00
  • Parcel Number: 2516455012

Tax Info

  • Tax Amount Summer: 2380.0000
  • Tax Amount Winter: 675.0000
  • Total Tax: 3055.0000
  • Taxable Value: 74290.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Dec 28, 2020
Sold by
Lawler Amy
Bought by
Lawler Amy and Belletini Joseph M
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Jackson Smith
Good Company
List Price
$314,900
Sold Price
$300,000
Premium/Discount to List
-$14,900
-4.73%
Current Estimated Value
$391,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,143
Avg. Annual Appreciation
5.72%
Original Mortgage
$240,000
Outstanding Balance
$215,023
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$176,120

Purchase Details

Listed on
Sep 1, 2020
Closed on
Dec 3, 2020
Sold by
Dunn Stacey and Dunn Gina
Bought by
Lawler Amy
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Jackson Smith
Good Company
List Price
$314,900
Sold Price
$300,000
Premium/Discount to List
-$14,900
-4.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$215,023
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$176,120

Purchase Details

Closed on
Apr 21, 2011
Sold by
Dunn Stacey
Bought by
Dunn Stacey and Guss Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,070
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 1996
Sold by
Cole James W
Bought by
Hettrick Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
7.58%
Source: Public Records

Range of Values:

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Average Value
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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
Lawler Amy -- None Available
Lawler Amy $300,000 Parks Title
Dunn Stacey -- Parks
Dunn Stacey $155,000 Partners Title Agency Llc
Hettrick Stephen J $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawler Amy $240,000
Previous Owner Dunn Stacey $150,000
Previous Owner Dunn Stacey $151,070
Previous Owner Mulally Ryan K $174,000
Previous Owner Mulally Ryan K $26,300
Previous Owner Hettrick Stephen J $80,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2020 12/03/20 Sold $300,000 -1.6% $227 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/05/2020 10/05/20 Price Changed $304,900 -3.2% $231 / Sq Ft
10/05/2020 10/05/20 For Sale $314,900 0.0% $238 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
09/17/2020 09/17/20 Price Changed $314,900 -1.6% $238 / Sq Ft
09/01/2020 09/01/20 For Sale $319,900 -- $242 / 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 $4,378 $152,850 $0 $0
2022 $5,173 $139,080 $0 $0
2020 $4,254 $104,810 $0 $0
2018 $5,173 $88,300 $0 $0
2017 $2,917 $88,300 $0 $0
2015 -- $78,350 $0 $0
2014 -- $72,410 $0 $0
2011 -- $67,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Shaffer

    Seller's Agent in 2020

    Jim Shaffer

    Good Company

    (248) 219-3782

    518 in this area

    3,755 Total Sales

    Jim Shaffer
    Section Image

  • J

    Buyer's Agent in 2020

    Jackson Smith

    Good Company

    Section Image
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Map

Source: Realcomp

MLS Number: 2200071846

Realcomp

APN: 25-16-455-012

Michigan Oakland County Royal Oak 48067

702 Florence Ave, Royal Oak, MI

This home is located at 702 Florence Ave, Royal Oak, MI 48067 since 01 September 2020 and is currently estimated at $391,143, approximately $295 per square foot. This property was built in 1922. 702 Florence Ave is a home located in Oakland County with nearby schools including Northwood Elementary School, 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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