NOT LISTED FOR SALE

702 Florence Ave Royal Oak, MI 48067

Royal Oak Area

Estimated Value: $395,000 - $413,000

4 Beds
2 Baths
1,322 Sq Ft
$305/Sq Ft Est. Value

Sale Details

Date Sold: December 3, 2020

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

Est. 34% increase in value since last sale

Current estimated payment $2,569 / mo

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

6,098 Sq Ft Lot

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
  • AgentOnly_ListPriceByAcre: 2177857.1429
  • 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
  • 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
  • Total Sq Ft: 1322

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exclusions: Yes
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • 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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Dec 28, 2020
Sold by
Bought by
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
$402,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,647
Avg. Annual Appreciation
5.34%
Original Mortgage
$240,000
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 1, 2020
Closed on
Dec 3, 2020
Sold by
Bought by
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
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2011
Sold by
Bought by

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
0.0475%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$300,000 Parks Title
$155,000 Partners Title Agency Llc
-- Parks
$85,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $240,000
Previous Owner $150,000
Previous Owner $151,070
Previous Owner $174,000
Previous Owner $26,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,494 $165,840 $0 $0
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) 834-3030

    3,578 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

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
Copyright 2026 Realcomp II Ltd. Shareholders
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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