NOT LISTED FOR SALE

705 S Edison Ave Royal Oak, MI 48067

Estimated Value: $383,000 - $427,235

3 Beds
2 Baths
1,479 Sq Ft
$273/Sq Ft Est. Value

Last Sold August 11, 2022

Last sale price $365,000 $247 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,583/month

1 Day on Market

Highlights

  • Wood Flooring
  • 1.5 Car Detached Garage
  • Walk-In Closet
  • Breakfast Area or Nook
  • Porch
  • 5-minute walk to VFW Park

About This Home

As of August 2022

Fabulous remodeled Royal Oak bungalow with a true master sanctuary! 3 bedroom, 2 full baths, 1,479SF. Newer roof, mechanical, water heater, sewer line, appliances, plumbing, electrical, paint, carpet, subfloor, windows & more. Gorgeous kitchen with gourmet chef's stove, stone backsplash and white cabinets. Master bungalow with huge Scandinavian-inspired master bath and large walk-in closet. Original 1942 touches include arched doorway and trim work in living room. Wood floors. Granite and stone throughout. Large, fenced yard with patio for entertaining. Newer concrete driveway. Detached garage. Walk to parks, pubs, Main Street! Royal Oak doesn’t have many bungalows with a true master suite. This one is exceptional and won’t last!

Last Agent to Sell the Property

Randall Wolber

Simple Fee Listings, LLC License #MISPE-6502431755 Listed on: 08/05/2022

Last Buyer's Agent

Josephine Glass

Berkshire Hathaway HomeServices Kee Realty NB License #MISPE-6501288331

Berkshire Hathaway HomeServices Kee Realty NB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

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

  • Bungalow
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,479 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Wood Flooring
  • Unfinished Basement
  • Block Basement Construction

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • Home Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-23-157-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,910

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 2 Story
  • Flood Insurance: Not Required
  • Flood Plain: Unknown
  • Total Tax Amount: 4910
  • Year Built: 1942
  • Mail City: Royal Oak
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors, Walk-In Closet
  • Appliances: Dishwasher, Dryer, Humidifier, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Block, Unfinished
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 25 x 12
  • Bedroom 2: On 1st Floor, Dimensions: 12 x 12
  • Bedroom 3: On 1st Floor, Dimensions: 12 x 12
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: Second
  • Room Types: Living Room, Primary Bedroom, Primary Bathroom, First Flr Full Bathroom, Second Flr Full Bathroom, Breakfast Nook/Room
  • Kitchen: On 1st Floor, Dimensions: 15 x 12
  • Living Room: On 1st Floor, Dimensions: 15 x 14
  • Below Grade Sq Ft: 700
  • Above Grade Finished Sq Ft: 1479
  • Total Finished Sq Ft: 1479

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Exterior Features: Patio, Porch
  • Foundation: Basement
  • Frontage: 40
  • Road: City/County, Paved Street
  • Sideof Street: E
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage, Electric in Garage
  • Garage Spaces: 1.5
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: 25-23-157-011
  • Zoning: Residential
  • Lot Dimensions: 40 x 120
  • Acreage: 0.11
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $3,930.00
  • Winter Tax: Year: 2021, Amount: $980.00
  • Total Tax: Amount: $4,910.00

MLS Schools

  • School District: Royal Oak Neighborhood Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2022
Sold by
Salerno David
Bought by
Salerno Nicole M
Current Estimated Value
$404,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,500
Outstanding Balance
$342,837
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$60,335

Purchase Details

Listed on
Aug 5, 2022
Closed on
Aug 11, 2022
Sold by
Hazim Attisha Jovan
Bought by
Salerno David
Seller's Agent
Randall Wolber
Simple Fee Listings, LLC
Buyer's Agent
Josephine Glass
Berkshire Hathaway HomeServices Kee Realty NB
List Price
$365,000
Sold Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.30%

Purchase Details

Listed on
May 2, 2018
Closed on
Jun 25, 2018
Sold by
Fults Matthew
Bought by
Attisha Jovan Hazim
Seller's Agent
Jeffry Kermath
Kermath Realty LLC
Buyer's Agent
Jeffry Kermath
Kermath Realty LLC
List Price
$314,900
Sold Price
$305,000
Premium/Discount to List
-$9,900
-3.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$244,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2016
Sold by
Wright John and Kirsch Celina
Bought by
Fults Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,946
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 21, 2014
Closed on
Jul 8, 2014
Sold by
Gjonaj Properties Llc
Bought by
Wright John and Kirsch Celina
Seller's Agent
John Gjokaj
Community Choice Realty Inc
Buyer's Agent
George Porretta
BHHS Michigan RE Great Lakes RH
List Price
$249,500
Sold Price
$256,000
Premium/Discount to List
$6,500
2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%
Original Mortgage
$243,200
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2013
Closed on
Aug 18, 2013
Sold by
Gjonaj Properties Llc
Bought by
Gjonaj Properties Llc and Wjs Development Llc
Seller's Agent
Ralph Roberts
Ralph Roberts Realty LLC
Buyer's Agent
John Gjokaj
Community Choice Realty Inc
List Price
$99,900
Sold Price
$98,250
Premium/Discount to List
-$1,650
-1.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
183.19%

Purchase Details

Listed on
Jul 10, 2013
Closed on
Aug 8, 2013
Sold by
Munger Jon B and Estate Of Shirley Lombard
Bought by
Gjonaj Properties Llc
Seller's Agent
Ralph Roberts
Ralph Roberts Realty LLC
Buyer's Agent
John Gjokaj
Community Choice Realty Inc
List Price
$99,900
Sold Price
$98,250
Premium/Discount to List
-$1,650
-1.65%

Purchase Details

Closed on
Jun 4, 2013
Sold by
Lombard Clayton A and Lombard Shirley A
Bought by
Group Dansman
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
Salerno Nicole M $395,000 --
Salerno David $365,000 --
Attisha Jovan Hazim $305,000 None Available
Fults Matthew $279,000 Greco Title Agency Llc
Wright John $256,000 Abstract Title Agency
Gjonaj Properties Llc -- None Available
Gjonaj Properties Llc $98,250 M S Title Agency Llc
Group Dansman $83,780 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salerno Nicole M $355,500
Previous Owner Attisha Jovan Attisha $225,000
Previous Owner Attisha Jovan Hazim $244,000
Previous Owner Fults Matthew $273,946
Previous Owner Wright John $243,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Sold $365,000 0.0% $247 / Sq Ft
08/06/2022 08/06/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $365,000 +19.7% $247 / Sq Ft
06/22/2018 06/22/18 Sold $305,000 -3.1% $206 / Sq Ft
05/08/2018 05/08/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $314,900 +23.0% $213 / Sq Ft
07/09/2014 07/09/14 Sold $256,000 +2.6% $186 / Sq Ft
04/25/2014 04/25/14 Pending -- -- --
04/21/2014 04/21/14 For Sale $249,500 +153.9% $181 / Sq Ft
08/08/2013 08/08/13 Sold $98,250 -1.7% $100 / Sq Ft
07/12/2013 07/12/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $99,900 -- $102 / 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 $4,611 $158,870 $0 $0
2022 $4,879 $135,000 $0 $0
2020 $4,658 $123,210 $0 $0
2018 $4,879 $90,420 $0 $0
2017 $3,712 $90,420 $0 $0
2015 -- $83,870 $0 $0
2014 -- $71,510 $0 $0
2011 -- $61,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Randall Wolber

    Simple Fee Listings, LLC

    Section Image
  • Josephine Glass

    Buyer's Agent in 2022

    Josephine Glass

    Berkshire Hathaway HomeServices Kee Realty NB

    (586) 873-3310

    7 in this area

    100 Total Sales

    Josephine Glass
    Section Image
  • Jeffry Kermath

    Seller's Agent in 2018

    Jeffry Kermath

    Kermath Realty LLC

    (734) 649-4903

    11 in this area

    663 Total Sales

    Jeffry Kermath
    Section Image
  • John Gjokaj

    Seller's Agent in 2014

    John Gjokaj

    Community Choice Realty Inc

    (586) 242-9258

    8 Total Sales

    John Gjokaj
    Section Image

  • G

    Buyer's Agent in 2014

    George Porretta

    BHHS Michigan RE Great Lakes RH

    Section Image
  • Ralph Roberts

    Seller's Agent in 2013

    Ralph Roberts

    Ralph Roberts Realty LLC

    (586) 751-0000

    1 in this area

    39 Total Sales

    Ralph Roberts
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50085679

Michigan Multiple Listing Service

APN: 25-23-157-011

Michigan Oakland County Royal Oak 48067

705 S Edison Ave, Royal Oak, MI

This home is located at 705 S Edison Ave, Royal Oak, MI 48067 since 05 August 2022 and is currently estimated at $404,309, approximately $273 per square foot. This property was built in 1942. 705 S Edison Ave is a home located in Oakland County with nearby schools including Oakland 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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