NOT LISTED FOR SALE

703 Royal Ave Royal Oak, MI 48073

Estimated Value: $323,000 - $358,000

3 Beds
1.5 Baths
1,051 Sq Ft
$324/Sq Ft Est. Value

Last Sold July 25, 2024

Last sale price $325,000 $309 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,060/month

2 Days on Market

Highlights

  • Ground Level Unit
  • No HOA
  • 2 Car Detached Garage
  • Royal Oak High School Rated 9+
  • Covered Patio or Porch
  • Bungalow

About This Home

As of July 2024

Welcome to this delightful bungalow nestled in a warm and inviting Royal Oak Neighborhood. Walk into your charming living room with hardwood flooring. Generous sized kitchen and dining room with SS appliances. Clean and bright newer bathroom and two bedrooms complete the first floor. Spacious upper primary bedroom with built-ins will give you your own sanctuary. Finished basement will add to your entertaining options with a large family/rec room, home office, half bath and laundry room. Home
sits on a highly desirable 40’ x 214’ lot that will clinch the deal. Think of the memories that you can build in such a large backyard. The sellers have a tradition of “kid’s movie nights” behind the garage while enjoying an alfresco evening. High efficient furnace and AC in last 5-7 years. Two car detached garage.

Last Agent to Sell the Property

Beverly Napier

Max Broock, REALTORS®-Birmingham License #6501276817 Listed on: 06/21/2024

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Mallory Ratliff

Berkshire Hathaway HomeServices Michigan Real Est License #6501414263

Berkshire Hathaway HomeServices Michigan Real Est

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 40x214
  • Back Yard Fenced

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,051 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Stubbed For A Bathroom

Kitchen

  • Free-Standing Gas Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association
  • Assr's Plat No 38 Royal Oak Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2509251014
  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,116

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1940
  • State Equalized Value: 122530.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Circuit Breakers
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished, Bath/Stubbed
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Oven, Washer
  • Sq Ft Combined: 1551
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 1051
  • Sq Ft Total Bsmt: 700

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Porch - Covered, Porch, Covered
  • Road Frontage Type: Paved
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Door Opener, Detached, Driveway, Garage Faces Front
  • 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)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.20
  • Lot Dimensions: 40x214
  • Parcel Number: 2509251014

Tax Info

  • Tax Amount Summer: 2439.0000
  • Tax Amount Winter: 677.0000
  • Total Tax: 3116.0000
  • Taxable Value: 81330.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Jul 25, 2024
Sold by
Koontz Jennifer M and Tietz Jennifer M
Bought by
Leclair Christopher Michael
Seller's Agent
Beverly Napier
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Mallory Ratliff
Berkshire Hathaway HomeServices Michigan Real Est
List Price
$297,500
Sold Price
$325,000
Premium/Discount to List
$27,500
9.24%
Views
35
Current Estimated Value
$340,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,392
Avg. Annual Appreciation
4.26%
Original Mortgage
$315,250
Outstanding Balance
$313,086
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$27,306

Purchase Details

Closed on
Feb 21, 2003
Sold by
Ebinger Matt and Ebinger Lynn R
Bought by
Koontz Jennifer M

Purchase Details

Closed on
May 22, 1998
Sold by
Johnson Douglas G
Bought by
Ebinger Matt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,050
Interest Rate
6.76%
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
Leclair Christopher Michael $325,000 Capital Title
Koontz Jennifer M $146,250 Metropolitan Title Company
Ebinger Matt $132,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leclair Christopher Michael $315,250
Previous Owner Ebinger Matt $130,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2024 07/25/24 Sold $325,000 +9.2% $309 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $297,500 -- $283 / 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 $2,510 $130,970 $0 $0
2022 $2,965 $114,130 $0 $0
2020 $2,439 $105,610 $0 $0
2018 $2,965 $90,040 $0 $0
2017 $2,850 $90,040 $0 $0
2015 -- $77,250 $0 $0
2014 -- $75,330 $0 $0
2011 -- $66,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240043124

Realcomp

APN: 25-09-251-014