NOT LISTED FOR SALE

705 N Edison Ave Royal Oak, MI 48067

Estimated Value: $449,000 - $487,195

3 Beds
2 Baths
1,479 Sq Ft
$321/Sq Ft Est. Value

Last Sold August 19, 2016

Last sale price $279,000 $189 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,927/month

3 Days on Market

Highlights

  • Outdoor Pool
  • Wood Flooring
  • Whirlpool Bathtub
  • Royal Oak High School Rated 9+
  • Main Floor Bedroom
  • 3-minute walk to Kenwood Park

About This Home

As of August 2016

Exceptional bungalow completely renovated with open new kitchen w/built-in stainless steel appliances and granite. New windows, new hardwood floors, new electrical, new roof, new plumbing including the sewer line to the street! Two FULL bathrooms with a huge master suite with walk in closets and master bath. Master bath has large jetted tub and separate shower, double sinks w/ granite. A beautiful, well done, move right in home in a great location. See Virtual tour.

Last Agent to Sell the Property

Marissa Lee-Cavaliere

Real Estate One Grosse Pointe License #MISPE-6506041840 Listed on: 07/10/2016

Real Estate One Grosse Pointe

Last Buyer's Agent

Patti Mullen

Remerica Hometown One License #6501277402

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,974

Year Built

  • Built in 1942

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 120

Parking

  • 1.5 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,479 Sq Ft Home
  • 1.5-Story Property
  • Window Treatments
  • Living Room
  • Basement
  • Block Basement Construction

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Pool

  • Outdoor Pool

Utilities

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

Community Details

  • Home Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2523157011

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,974

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 1/2 Story
  • Year Built: 1942
  • Mail City: Royal Oak
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Spa/Jetted Tub, Walk-In Closet, Window Treatment(s)
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 25 x 12
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Entry Level, Dimensions: 12 x 12
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On Entry Level, Dimensions: 12 x 12
  • Bedroom 3 Floor Covering: Wood
  • Bathrooms Description: Whirlpool/Hot Tub
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Types: First Floor Bedroom, Living Room, Lower Level Laundry, Primary Bedroom, Primary Bathroom
  • Breakfast Nook: On Entry Level, Dimensions: 15 x 6
  • Breakfast Nook Floor Covering: Wood
  • Kitchen: On Entry Level, Dimensions: 15 x 12
  • Kitchen Floor Covering: Wood
  • Living Room: On 1st Floor, Dimensions: 15 x 14
  • Living Room Floor Covering: Wood
  • Above Grade Finished Sq Ft: 1479
  • Total Finished Sq Ft: 1479

Exterior Features

  • Pool: Yes
  • Exterior: Brick
  • Foundation: Basement

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1.5
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public At Street
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 2523157011
  • Lot Dimensions: 40 X 120
  • Acreage: 0.11
  • Geo Subdivision: MI

MLS Schools

  • School District: Royal Oak Neighborhood Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2016
Closed on
Apr 7, 2016
Sold by
Hoeksema Laura J and Harte Jennifer L
Bought by
Franco Ramon and Franco Laura
Seller's Agent
Nancy Robinson
Century 21 Town & Country-Ro
Buyer's Agent
Nancy Robinson
Century 21 Town & Country-Ro
List Price
$329,000
Sold Price
$316,500
Premium/Discount to List
-$12,500
-3.8%
Current Estimated Value
$475,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,799
Avg. Annual Appreciation
4.35%
Original Mortgage
$300,675
Outstanding Balance
$238,396
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$236,903

Purchase Details

Listed on
Apr 8, 2013
Closed on
May 21, 2013
Sold by
Carrothers Stephanie L and Trent Stephanie L
Bought by
Hoeksema Laura J and Harte Jennifer L
Seller's Agent
Keena B. Catanzaro
RE/MAX Partners
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$299,900
Sold Price
$299,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.89%
Original Mortgage
$239,920
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2006
Sold by
Sterioff Michael C and Sterioff Magda M Latif
Bought by
Trent Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.37%
Mortgage Type
New Conventional
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
Franco Ramon $316,500 Title One Inc
Hoeksema Laura J $299,900 Partners Title Agency Llc
Trent Stephanie L $310,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franco Ramon $300,675
Previous Owner Hoeksema Laura J $239,920
Previous Owner Trent Stephanie L $248,000
Previous Owner Trent Stephanie L $46,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2016 08/19/16 Sold $279,000 0.0% $189 / Sq Ft
07/13/2016 07/13/16 Pending -- -- --
07/10/2016 07/10/16 For Sale $279,000 -11.8% $189 / Sq Ft
04/07/2016 04/07/16 Sold $316,500 -3.8% $157 / Sq Ft View Prior Sale
02/29/2016 02/29/16 Pending -- -- --
01/17/2016 01/17/16 For Sale $329,000 +9.7% $163 / Sq Ft
05/21/2013 05/21/13 Sold $299,900 0.0% $149 / Sq Ft View Prior Sale
05/19/2013 05/19/13 Pending -- -- --
04/08/2013 04/08/13 For Sale $299,900 -- $149 / Sq Ft
Source: Michigan Multiple Listing Service

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 $4,974 $183,890 $0 $0
2022 $5,877 $161,700 $0 $0
2020 $4,833 $149,300 $0 $0
2018 $5,877 $144,150 $0 $0
2017 $5,917 $144,150 $0 $0
2015 -- $135,320 $0 $0
2014 -- $129,440 $0 $0
2011 -- $110,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31296622

Michigan Multiple Listing Service

APN: 25-14-305-014