NOT LISTED FOR SALE

702 Kayser Ave Royal Oak, MI 48067

Estimated Value: $913,000 - $1,056,000

4 Beds
3.5 Baths
2,979 Sq Ft
$327/Sq Ft Est. Value

Last Sold March 24, 2022

Last sale price $899,000 $302 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,003/month

198 Days on Market

Highlights

  • New Construction
  • Colonial Architecture
  • No HOA
  • Royal Oak High School Rated 9+
  • Ground Level Unit
  • 3-minute walk to Grant Park

About This Home

As of March 2022

NEW CONSTRUCTION HOME W/ ATTACHED GARAGE by Ideal Builders and Remodeling, on a large lot in Royal Oak. Maintenance-free Hardee board siding. Open floor plan for entertaining w/quality craftsmanship throughout, hardwood floors on main and stairs. Gourmet kitchen with all wood cabinets w/ 42" uppers & soft close drawers, large island, S/S apps, double oven, walk in pantry, wine bar. Study with glass doors. Mudroom w/closet/bench/command center. Master suite w/pan ceiling, 2 WIC's. Master bath w/ dual vanities, make-up area, separate lav, huge shower, freestanding tub. 2nd floor laundry. Private bedroom with WIC and own bath. J and J bath for other 2 BR's. Covered porch. Sod/sprinklers/landscape package. Work w/builder to pick out your own selections to customize your dream home. Estimated Completion date is March 2022. Photos are of a similar home. BATVAI

Last Agent to Sell the Property

James Danley

KW Domain License #6501368879 Listed on: 06/15/2021

KW Domain

Last Buyer's Agent

Ashley Kotila

Expert Realty Solutions Inc License #6501415517

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50.00x156.00

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,979 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Great Room with Fireplace
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Double Oven
  • Free-Standing Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Knowles & Lawson Plat Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2522180020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,963

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Warranty: Yes
  • Year Built: 2022
  • State Equalized Value: 107740.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Double Oven, Exhaust Fan, Free-Standing Gas Range, Free-Standing Refrigerator, Range Hood
  • Total Sq Ft: 2979

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Features: New Construction
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: 1 Assigned Space, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.18
  • Lot Dimensions: 50.00X156.00
  • Parcel Number: 2522180020

Tax Info

  • Tax Amount Summer: 2311.0000
  • Tax Amount Winter: 652.0000
  • Total Tax: 2963.0000
  • Taxable Value: 72100.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Mar 24, 2022
Sold by
Edge Homes Llc
Bought by
Parikh Simul and Parikh Cassandra
Seller's Agent
James Danley
KW Domain
Buyer's Agent
Ashley Kotila
Expert Realty Solutions Inc
List Price
$899,000
Sold Price
$899,000
Current Estimated Value
$973,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,433
Avg. Annual Appreciation
2.24%
Original Mortgage
$764,150
Outstanding Balance
$713,962
Interest Rate
3.92%
Mortgage Type
Balloon
Estimated Equity
$259,471

Purchase Details

Listed on
Oct 5, 2020
Closed on
Dec 28, 2020
Sold by
Stewart Robin
Bought by
Edge Homes Llc
Seller's Agent
Diane West
BHHS Michigan RE Great Lakes RH
Buyer's Agent
James Danley
KW Domain
List Price
$230,000
Sold Price
$200,000
Premium/Discount to List
-$30,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
236.04%

Purchase Details

Closed on
Sep 8, 1999
Sold by
Einhaus Kurt F
Bought by
Stewart Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.69%

Purchase Details

Closed on
Dec 6, 1996
Sold by
Chetosky Sylvia
Bought by
Einhaus Kurt F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.6%
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
Parikh Simul $899,000 None Listed On Document
Edge Homes Llc $200,000 Sterling Title Agency
Edge Homes Llc $200,000 Sterling Title Agency
Stewart Robin $130,000 --
Einhaus Kurt F $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parikh Simul $764,150
Previous Owner Stewart Robin $85,000
Previous Owner Einhaus Kurt F $94,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2022 03/24/22 Sold $899,000 0.0% $302 / Sq Ft
12/31/2021 12/31/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $899,000 +349.5% $302 / Sq Ft
12/28/2020 12/28/20 Sold $200,000 -3.4% $146 / Sq Ft View Prior Sale
12/14/2020 12/14/20 Pending -- -- --
12/11/2020 12/11/20 Price Changed $207,000 -10.0% $151 / Sq Ft
11/30/2020 11/30/20 Price Changed $230,000 0.0% $168 / Sq Ft
11/30/2020 11/30/20 For Sale $230,000 -8.0% $168 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
10/22/2020 10/22/20 Price Changed $250,000 -9.1% $182 / Sq Ft
10/09/2020 10/09/20 Price Changed $274,990 -3.5% $201 / Sq Ft
10/05/2020 10/05/20 For Sale $284,900 -- $208 / 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 $10,899 $381,930 $0 $0
2022 $12,252 $224,650 $0 $0
2020 $10,791 $107,740 $0 $0
2018 $12,252 $93,490 $0 $0
2017 $2,779 $93,490 $0 $0
2015 -- $79,560 $0 $0
2014 -- $68,280 $0 $0
2011 -- $69,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210044944

Realcomp

APN: 25-22-180-020