NOT LISTED FOR SALE

706 E 2nd St Royal Oak, MI 48067

Estimated Value: $711,000 - $812,000

3 Beds
3.5 Baths
2,400 Sq Ft
$325/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $630,000 $262 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,015/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Stainless Steel Appliances
  • Security System Owned
  • No HOA
  • 2 Car Detached Garage
  • 4-minute walk to Grant Park

About This Home

As of March 2021

Custom new build just blocks from downtown Royal Oak shopping and dining! Sellers have every custom upgrade possible in this 2400 sqft colonial (addtl. in docs). Beautiful hardwood floors throughout. Spacious open floor plan. Gorgeous kitchen with custom light fixtures, granite counters, upgraded cabinets, large island and pantry with matching SS appliances. Kitchen leads to open great room with double sided fireplace adjacent to extra seating/living and dining nook with custom built-in seating. All throughout custom touches including coffered ceilings, wainscoting, crown molding, and handcrafted doors. Master suite with custom cathedral ceilings and private bath upgraded with glass shower, dual shower head and custom built-in shower bench, soaking tub, and large walk in closet. Fully finished basement with 9 foot ceilings, full kitchenette, theater/TV area with all handcrafted custom built-ins, and full bathroom. Beautiful landscaping with sprinklers and overall breathtaking!

Last Agent to Sell the Property

Joseph Hawthorne

Remerica Hometown One License #6501324772 Listed on: 02/05/2021

Last Buyer's Agent

Sheel Sohal

KW Domain License #6501406081

KW Domain

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2014

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 41.00x119.00

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Sound System
  • Gas Fireplace
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Security System Owned
  • Finished Basement

Kitchen

  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Reynolds Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522131002

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,252

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2014
  • State Equalized Value: 240670.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Central Vacuum, Humidifier, Security Alarm (owned), Sound System, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Dining Room, Family Room
  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Disposal, Dryer, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 3199
  • Sq Ft Lower Floor: 799
  • Total Sq Ft: 2400
  • Sq Ft Total Bsmt: 1100

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 41
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: 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: 5453636.3636
  • Lot Size Area: 0.11
  • Lot Dimensions: 41.00X119.00
  • Parcel Number: 2522131002

Tax Info

  • Tax Amount Summer: 7216.0000
  • Tax Amount Winter: 2036.0000
  • Total Tax: 9252.0000
  • Taxable Value: 225140.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 5, 2021
Sold by
Olaughlin Ian and Olaughlin Jennifer
Bought by
Riffel Amanda Marie and Riffel Craig
Seller's Agent
Joseph Hawthorne
Remerica Hometown One
Buyer's Agent
Sheel Sohal
KW Domain
List Price
$599,900
Sold Price
$630,000
Premium/Discount to List
$30,100
5.02%
Current Estimated Value
$781,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,056
Avg. Annual Appreciation
4.56%
Original Mortgage
$504,000
Outstanding Balance
$456,904
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$312,765

Purchase Details

Closed on
Jul 15, 2013
Sold by
Kulich Caryn M O
Bought by
Laughlin Ian O and Laughlin Jennifer O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
2.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 23, 2011
Sold by
Reiter Jeff
Bought by
Okulich Caryn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2009
Sold by
Nelson William H and Nelson Julia L
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jul 13, 2004
Sold by
Nelson William H and Nelson Julia L
Bought by
Nelson William H and Nelson Julia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.33%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Riffel Amanda Marie $630,000 Hometown One Title Agcy Llc
Laughlin Ian O $120,000 Seaver Title Agency Llc
Okulich Caryn M $92,000 Parks Title
Federal Home Loan Mortgage Corp $88,440 None Available
Nelson William H -- Land Owners Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riffel Amanda Marie $504,000
Previous Owner Laughlin Ian O $320,000
Previous Owner Okulich Caryn M $50,000
Previous Owner Nelson William H $86,000
Previous Owner Nelson William H $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $630,000 +5.0% $263 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $599,900 +47.4% $250 / Sq Ft
10/27/2014 10/27/14 Sold $407,017 -0.7% $194 / Sq Ft
09/27/2013 09/27/13 Pending -- -- --
09/16/2013 09/16/13 For Sale $409,900 -- $195 / 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 $9,122 $319,820 $0 $0
2022 $11,013 $287,680 $0 $0
2020 $8,864 $240,670 $0 $0
2018 $11,013 $222,930 $0 $0
2017 $8,676 $222,930 $0 $0
2015 -- $208,850 $0 $0
2014 -- $38,190 $0 $0
2011 -- $54,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210007119

Realcomp

APN: 25-22-131-002