NOT LISTED FOR SALE

705 S Edison Ave Royal Oak, MI 48067

Estimated Value: $390,000 - $437,846

3 Beds
2 Baths
1,479 Sq Ft
$277/Sq Ft Est. Value

Sale Details

Date Sold: August 11, 2022

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

Est. 12% increase in value since last sale

Current estimated payment $2,605 / mo

1 Day on Market

Highlights

  • Wood Flooring
  • Breakfast Area or Nook
  • Porch
  • Oakland Elementary School Rated 9+
  • 1.5 Car Detached Garage
  • 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

4,792 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2022
Sold by
Bought by
Current Estimated Value
$410,212

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
$340,730
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$69,482

Purchase Details

Listed on
Aug 5, 2022
Closed on
Aug 11, 2022
Sold by
Bought by
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
3.09%

Purchase Details

Listed on
May 2, 2018
Closed on
Jun 25, 2018
Sold by
Bought by
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
Bought by

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 22, 2014
Closed on
Jul 8, 2014
Sold by
Bought by
Seller's Agent
John Gjokaj
Realty Executives Five Lakes
Buyer's Agent
George Porretta
BHHS Michigan Real Estate Great Lakes
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
4.03%

Purchase Details

Listed on
Jul 10, 2013
Closed on
Aug 18, 2013
Sold by
Bought by
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
Bought by
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
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$395,000 --
$365,000 --
$305,000 None Available
$279,000 Greco Title Agency Llc
$256,000 Abstract Title Agency
-- None Available
$98,250 M S Title Agency Llc
$83,780 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $355,500
Previous Owner $244,000
Previous Owner $273,946
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
04/22/2014 04/22/14 For Sale $249,500 +153.9% $181 / Sq Ft
04/20/2014 04/20/14 Pending -- -- --
08/08/2013 08/08/13 Sold $98,250 -1.7% $100 / Sq Ft View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,720 $167,990 $0 $0
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

    7 in this area

    604 Total Sales

    Jeffry Kermath
    Section Image

  • J

    Seller's Agent in 2014

    John Gjokaj

    Realty Executives

  • G

    Buyer's Agent in 2014

    George Porretta

    BHHS Michigan Real Estate Great Lakes

    Section Image
  • Ralph Roberts

    Seller's Agent in 2013

    Ralph Roberts

    Ralph Roberts Realty LLC

    (586) 751-0000

    1 in this area

    37 Total Sales

    Ralph Roberts
    Section Image
See All Agents

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

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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The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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