NOT LISTED FOR SALE

707 E Lincoln Ave Royal Oak, MI 48067

Estimated Value: $388,000 - $420,000

3 Beds
2 Baths
1,526 Sq Ft
$267/Sq Ft Est. Value

Last Sold February 22, 2023

Last sale price $360,000 $236 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,601/month

218 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • 2 Car Detached Garage
  • Deck
  • Covered Patio or Porch
  • 4-minute walk to Grant Park

About This Home

As of February 2023

Royal Oak cape cod within walking distance of downtown, and parks. Great curb appeal with extensive landscaping and covered porch. Enter to open concept living and dining room with beautiful hardwoods, crown moulding, picture windows and natural fireplace. One bedroom with french doors on entry level currently being used as office. Two more generously sized bedrooms upstairs with walk-in closets, master has en suite full bath. Kitchen has granite counter tops, plenty of cabinet space, stainless steel appliances, and breakfast nook with a door wall that leads to back deck. Enjoy the nice backyard, with deck, patio, and garden area. Two car garage is accessible from rear alley. Transferable home warranty also available.

Last Agent to Sell the Property

David Fekin

Jim Saros Real Estate Services License #6501360236 Listed on: 06/25/2022

Last Buyer's Agent

Vera Khoury

Anthony Djon Luxury Real Estate License #6501416743

Anthony Djon Luxury Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1916

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40.00 x 150.00
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,526 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Replat Of Alex Knowles Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522181033
  • $10,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,748

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod
  • Architecture Level: 1 1/2 Story
  • Year Built: 1916
  • State Equalized Value: 131340.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Oven, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 1526
  • Total Sq Ft: 1526
  • Sq Ft Total Bsmt: 750

Exterior Features

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

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)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.13
  • Lot Dimensions: 40.00 x 150.00
  • Parcel Number: 2522181033

Tax Info

  • Tax Amount Summer: 3800.0000
  • Tax Amount Winter: 948.0000
  • Total Tax: 4748.0000
  • Taxable Value: 119300.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2022
Closed on
Feb 22, 2023
Sold by
Debol Stephen
Bought by
Chacko Philip
Seller's Agent
David Fekin
Jim Saros Real Estate Services
Buyer's Agent
Vera Khoury
Anthony Djon Luxury Real Estate
List Price
$409,000
Sold Price
$360,000
Premium/Discount to List
-$49,000
-11.98%
Views
217
Current Estimated Value
$407,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,394
Avg. Annual Appreciation
4.98%
Original Mortgage
$288,000
Outstanding Balance
$279,491
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$126,604

Purchase Details

Listed on
Sep 28, 2016
Closed on
Nov 10, 2016
Sold by
Ferrall Stacy O and Reicher Chelsea
Bought by
Debol Stephen
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
David Fekin
Jim Saros Real Estate Services
List Price
$249,900
Sold Price
$256,000
Premium/Discount to List
$6,100
2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$204,800
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2015
Sold by
Nix Sharon
Bought by
Ferrall Stacy O and Reicher Chelsea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,950
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2008
Sold by
Credit Based Asset Servicing & Securitiz
Bought by
Pledged Property Ii Llc and Litton Loan Servicing Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,231
Interest Rate
6.51%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 2007
Sold by
Carpenter Mary L
Bought by
Credit Based Asset Servicing & Securitiz
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
Chacko Philip $360,000 Ata National Title
Debol Stephen $256,000 Interstate Title Inc
Ferrall Stacy O $221,000 Devon Title Agency
Pledged Property Ii Llc -- Chicago Title
Credit Based Asset Servicing & Securitiz $114,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chacko Philip $288,000
Previous Owner Debol Stephen $204,800
Previous Owner Reicher Chelsea $209,950
Previous Owner Nix Sharon $149,443
Previous Owner Nix Sharon $152,096
Previous Owner Nix Sharon $98,658
Previous Owner Pledged Property Ii Llc $97,231
Previous Owner Nix Sharon M $40,000
Previous Owner Carpenter Mary L $216,000
Previous Owner Carpenter Mary L $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold $360,000 -2.4% $236 / Sq Ft
01/29/2023 01/29/23 Pending -- -- --
10/17/2022 10/17/22 Price Changed $369,000 -5.1% $242 / Sq Ft
07/29/2022 07/29/22 Price Changed $389,000 -4.9% $255 / Sq Ft
06/25/2022 06/25/22 For Sale $409,000 +59.8% $268 / Sq Ft
11/10/2016 11/10/16 Sold $256,000 +2.4% $161 / Sq Ft
10/01/2016 10/01/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $249,900 -- $157 / 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 $4,570 $155,500 $0 $0
2022 $4,717 $137,670 $0 $0
2020 $3,880 $125,880 $0 $0
2018 $4,717 $112,180 $0 $0
2017 $6,347 $112,180 $0 $0
2015 -- $76,940 $0 $0
2014 -- $67,270 $0 $0
2011 -- $66,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Fekin

    Seller's Agent in 2023

    David Fekin

    Jim Saros Real Estate Services

    (313) 350-9261

    5 in this area

    111 Total Sales

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  • Vera Khoury

    Buyer's Agent in 2023

    Vera Khoury

    Anthony Djon Luxury Real Estate

    (734) 377-2769

    2 in this area

    105 Total Sales

    Section Image
  • Jim Shaffer

    Seller's Agent in 2016

    Jim Shaffer

    Good Company

    (248) 219-3782

    518 in this area

    3,750 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 20221010717

Realcomp

APN: 25-22-181-033

Michigan Oakland County Royal Oak 48067

707 E Lincoln Ave, Royal Oak, MI

This home is located at 707 E Lincoln Ave, Royal Oak, MI 48067 since 25 June 2022 and is currently estimated at $407,394, approximately $266 per square foot. This property was built in 1916. 707 E Lincoln Ave is a home located in Oakland County with nearby schools including Oakland Elementary School, Royal Oak Middle School, and Royal Oak High School.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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