NOT LISTED FOR SALE

707 S Vermont Ave Royal Oak, MI 48067

Estimated Value: $316,000 - $334,000

2 Beds
1 Bath
1,074 Sq Ft
$301/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $267,000 $249 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,016/month

47 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating System
  • 1 Car Garage

About This Home

As of November 2022

Back on the market, buyer got cold feet. Appraisal came in at above asking. Adorable move in ready bungalow in the perfect location! Do you enjoy entertaining? Walking to Royal Oak to shop or the restaurant's? Then this is the house for you. So much natural light throughout! Even a sunroom. With beautiful gardens, paver patio, coy pond, above ground pool with deck!

Last Agent to Sell the Property

Casey Preston

Realty Executives Home Towne Shelby License #MISPE-6501399867 Listed on: 09/29/2022

Realty Executives Home Towne Shelby

Last Buyer's Agent

Renae Johnson

Realty Executives Home Towne Troy License #MISPE-6501441181

Realty Executives Home Towne Troy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1921

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 45x129.9

Parking

  • 1 Car Garage

Home Design

  • Bungalow

Interior Spaces

  • 1,074 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Resub Of White Acres Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-22-282-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,830

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 2 Story
  • Total Tax Amount: 3830
  • Year Built: 1921
  • Mail City: Royal Oak
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 2
  • Bedroom 1: On 2nd Floor, Dimensions: 11 x 9
  • Bedroom 2: On 2nd Floor, Dimensions: 14 x 12
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Second
  • Breakfast Nook: On 1st Floor, Dimensions: 11 x 11
  • Kitchen: On 1st Floor, Dimensions: 14 x 8
  • Library Den: On 1st Floor, Dimensions: 12 x 7
  • Living Room: On 1st Floor, Dimensions: 20 x 12
  • Sun Room: Dimensions: 12 x 9
  • Below Grade Sq Ft: 699
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1074
  • Total Finished Sq Ft: 1074

Exterior Features

  • Exterior: Aluminum
  • Foundation: Basement
  • Frontage: 45
  • Frontage Type: Road

Garage/Parking

  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 25-22-282-012
  • Lot Dimensions: 45x129.9
  • Acreage: 0.13
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $3,066.00
  • Winter Tax: Year: 2020, Amount: $764.00
  • Taxable Value: 106980
  • Total Tax: Amount: $3,830.00
  • SEV Year: 2021

MLS Schools

  • School District: Royal Oak Neighborhood Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Nov 22, 2022
Sold by
Frye Heather
Bought by
Somand Alexandra
Seller's Agent
Casey Preston
Realty Executives Home Towne Shelby
Buyer's Agent
Renae Johnson
Realty Executives Home Towne Troy
List Price
$282,900
Sold Price
$267,000
Premium/Discount to List
-$15,900
-5.62%
Current Estimated Value
$313,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,144
Avg. Annual Appreciation
7.33%
Original Mortgage
$212,000
Outstanding Balance
$205,953
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$117,697

Purchase Details

Listed on
Sep 7, 2018
Closed on
Nov 8, 2018
Sold by
Merritt Yvonne and Bankowski Yvonne
Bought by
Frye Heather
Seller's Agent
Patricia Teeley
Good Company
Buyer's Agent
Anne Kersten
Coldwell Banker Professionals
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%
Original Mortgage
$184,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2000
Sold by
Vanwonterghem Michael
Bought by
Bankowski Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,750
Interest Rate
7.87%

Purchase Details

Closed on
Jan 13, 1998
Sold by
Grove Keith E
Bought by
Sugg Mary Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,200
Interest Rate
7.16%

Purchase Details

Closed on
Jan 9, 1997
Sold by
Iles Susan D
Bought by
Grove Keith E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.54%
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
Somand Alexandra $267,000 --
Frye Heather $230,000 Ata National Title Group Llc
Bankowski Yvonne $175,000 --
Sugg Mary Anne $114,000 --
Grove Keith E $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somand Alexandra $212,000
Previous Owner Frye Heather $189,500
Previous Owner Frye Heather $184,000
Previous Owner Frye Heather $184,000
Previous Owner Bankowski Yvonne $74,113
Previous Owner Bankowski Yvonne $12,080
Previous Owner Bankowski Yvonne M $140,000
Previous Owner Bankowski Yvonne $148,750
Previous Owner Sugg Mary Anne $91,200
Previous Owner Grove Keith E $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $267,000 -5.6% $249 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $282,900 0.0% $263 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/01/2022 10/01/22 For Sale $282,900 +23.0% $263 / Sq Ft
11/08/2018 11/08/18 Sold $230,000 -4.1% $214 / Sq Ft
10/07/2018 10/07/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $239,900 -- $223 / 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 $3,606 $123,770 $0 $0
2022 $3,806 $112,630 $0 $0
2020 $3,504 $96,440 $0 $0
2018 $3,806 $89,700 $0 $0
2017 $2,644 $89,700 $0 $0
2015 -- $75,530 $0 $0
2014 -- $66,500 $0 $0
2011 -- $60,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50091796

Michigan Multiple Listing Service

APN: 25-22-282-012