NOT LISTED FOR SALE

702 Oakland Ave Royal Oak, MI 48067

Estimated Value: $508,000 - $608,000

4 Beds
3 Baths
1,807 Sq Ft
$306/Sq Ft Est. Value

Last Sold August 15, 2017

Last sale price $385,000 $213 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,429/month

16 Days on Market

Highlights

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

About This Home

As of August 2017

Motivated seller! This home is not a dive-by. A vintage colonial located within true walking distance of downtown Royal Oak and all it has to offer. Wonderful updates throughout while maintaining the charm and character of a vintage home. Original hardwood floors flow through much of the entry level including the living room with natural fireplace, office and large dining room. Completely remodeled kitchen is spacious and opens to dining room. Rounding out the first floor, there is a full bath, sitting area and first floor master. Three large bedrooms upstairs share a full bath with more vintage built-ins. Finished space in the basement could be used as it's own separate income opportunity with a private separate entrance, complete eat-in kitchen, full bathroom and expansive bedroom/studio space. Waterproofed basement offers storage space and laundry area. Large backyard is a park-like oasis with a newer privacy fence and a deck making it a perfect place to entertain. Welcome home.

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 06/28/2017

Good Company

Last Buyer's Agent

Jim Shaffer

Good Company License #6502380733 Listed on: 06/28/2017

Good Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 75x120
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,807 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Partially Finished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

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 2516461014
  • $10,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,077

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1924
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Range/Stove
  • Sq Ft Combined: 2131
  • Sq Ft Lower Floor: 324
  • Total Sq Ft: 1807
  • Sq Ft Total Bsmt: 1082

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exclusions: Yes
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 75
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

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: 1809047.6190
  • Lot Size Area: 0.21
  • Lot Dimensions: 75X120
  • Parcel Number: 2516461014

Tax Info

  • Tax Amount Summer: 4091.0000
  • Tax Amount Winter: 986.0000
  • Total Tax: 5077.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2021
Sold by
Greco Kendra and Kimberlin Kendra Elizabeth
Bought by
Greco Paul
Current Estimated Value
$552,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$328,761
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$199,475

Purchase Details

Listed on
Jun 28, 2017
Closed on
Aug 15, 2017
Sold by
Benson Trisha
Bought by
Greco Paul
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Jim Shaffer
Good Company
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$365,750
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 6, 2015
Closed on
May 29, 2015
Sold by
Nfh Capital Partners Ii Llc and Mcdonald Scott D
Bought by
Benson Trisha
Seller's Agent
Scott MacDonald
Tradewinds Development Group, LLC
Buyer's Agent
Lauren Guthrie
Real Estate One-Troy
List Price
$284,900
Sold Price
$277,500
Premium/Discount to List
-$7,400
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.89%
Original Mortgage
$263,625
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2014
Sold by
Jpmorgan Chase Bank National Association
Bought by
Nfh Capital Partners Ii Llc

Purchase Details

Closed on
Jul 9, 2013
Sold by
Cavanaugh Kevin and Cavanaugh Lori A
Bought by
Jpmorgan Chase Bank National Association
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
Greco Paul -- First American Title
Greco Paul $385,000 None Available
Benson Trisha $277,500 Multiple
Nfh Capital Partners Ii Llc $172,000 Etitle
Jpmorgan Chase Bank National Association $183,780 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greco Paul $360,000
Closed Greco Paul $360,000
Closed Greco Paul $365,750
Previous Owner Benson Trisha $16,800
Previous Owner Benson Trisha $263,625
Previous Owner Cavanaugh Kevin $225,000
Previous Owner Cavanaugh Kevin $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2017 08/15/17 Sold $385,000 +1.3% $213 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
07/09/2017 07/09/17 Price Changed $379,900 -5.0% $210 / Sq Ft
06/28/2017 06/28/17 For Sale $399,900 +44.1% $221 / Sq Ft
05/29/2015 05/29/15 Sold $277,500 -2.6% $154 / Sq Ft
04/21/2015 04/21/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $284,900 -- $158 / 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 $5,295 $214,220 $0 $0
2022 $6,256 $189,890 $0 $0
2020 $5,145 $167,320 $0 $0
2018 $6,256 $133,050 $0 $0
2017 $4,973 $133,050 $0 $0
2015 -- $113,490 $0 $0
2014 -- $107,720 $0 $0
2011 -- $88,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Shaffer

    Seller's Agent in 2017

    Jim Shaffer

    Good Company

    (248) 219-3782

    518 in this area

    3,755 Total Sales

    Jim Shaffer
    Section Image
  • Scott MacDonald

    Seller's Agent in 2015

    Scott MacDonald

    Tradewinds Development Group, LLC

    (248) 209-6755

    74 Total Sales

    Scott MacDonald
    Section Image

  • L

    Buyer's Agent in 2015

    Lauren Guthrie

    Real Estate One-Troy

    (248) 470-5917

    3 in this area

    38 Total Sales

    Lauren Guthrie
    Section Image
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Map

Source: Realcomp

MLS Number: 217055174

Realcomp

APN: 25-16-461-014

Michigan Oakland County Royal Oak 48067

702 Oakland Ave, Royal Oak, MI

This home is located at 702 Oakland Ave, Royal Oak, MI 48067 since 28 June 2017 and is currently estimated at $552,652, approximately $305 per square foot. This property was built in 1924. 702 Oakland 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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