$345,000 - $397,000
RENTED NOV 11, 2024

708 Lockwood Rd Royal Oak, MI 48067

3 Beds
2 Baths
1,114 Sq Ft
$327 Price per Sq Ft

Last Sold February 28, 2022

Last sale price $306,000 $275 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,295/month

Highlights

  • Tennis Courts
  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Northwood Elementary School Rated A-
  • Fenced Yard
  • 2-minute walk to Fernwood Park

About This Home

As of November 2024

This is the perfect rental. move-in-ready and updated. 3 bedrooms and 2 full bathrooms, completely updated kitchen and main living area with all appliances needed, first floor laundry, a 2 car garage, a fully fenced backyard and a basement for storage. Not only does the house have everything you need - this is walking distance to downtown Royal Oak along with a park one block over with tennis courts and room for kids. A rare find for a fully updated unit in this price range.

Last Agent to Rent the Property

Chad Hagar

KW Domain License #MISPE-6506048980 Listed on: 10/24/2024

KW Domain

Last Renter's Agent

Non Mls

Non-Mls License #BCAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,669

Year Built

  • Built in 1926

Lot Details

  • 4,356 Sq Ft Lot
  • 40 Ft Wide Lot
  • Fenced Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,114 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Basement
  • Block Basement Construction

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Tennis Courts
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 25-16-336-002

Community Details

Overview

  • Oakmoor Sub Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,669

Year Built

Built in 1926

Lot Details

0

Rental Info

  • Lease: Yes
  • LeaseInfo: Lease Required

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Cape Cod
  • Structure Style: 2 Story
  • Year Built: 1926
  • Mail City: Royal Oak Twp
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: Natural Fireplace
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 12 x 12
  • Bedroom 2: Dimensions: 10 x 10
  • Bedroom 3: Dimensions: 8 x 9
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Second
  • Bathroom 2: On Level: First
  • Below Grade Sq Ft: 500
  • Above Grade Finished Sq Ft: 1114
  • Total Finished Sq Ft: 1114

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Fenced Yard, Porch, Sidewalks, Tennis Court(s)
  • Foundation: Basement
  • Frontage: 40
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • 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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Tennis Courts

Lot Info

  • Assessor Parcel Number: 25-16-336-002
  • Lot Dimensions: 4704
  • Acreage: 0.1
  • Geo Subdivision: MI

MLS Schools

  • School District: Royal Oak Neighborhood Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Feb 28, 2022
Sold by
Nicholas Corby
Bought by
Vitale Nicolina Helene
Seller's Agent
Chris Ries
Berkshire Hathaway HomeServices Kee Realty Wash
Buyer's Agent
Chad Hagar
KW Domain
List Price
$279,900
Sold Price
$306,000
Premium/Discount to List
$26,100
9.32%
Current Estimated Value
$364,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,148
Avg. Annual Appreciation
4.87%
Original Mortgage
$275,369
Outstanding Balance
$256,733
Interest Rate
3.89%
Estimated Equity
$107,415

Purchase Details

Listed on
Jan 1, 2019
Closed on
Mar 26, 2019
Sold by
Pensco Trust Company
Bought by
Corby Nicholas and Corby Marina
Seller's Agent
Brian McClain
KW Metro
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$269,900
Sold Price
$259,900
Premium/Discount to List
-$10,000
-3.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%

Purchase Details

Listed on
May 30, 2013
Closed on
Jun 18, 2013
Sold by
Creative Land Development
Bought by
Pensco Trust Company and Collier Susan
Seller's Agent
Kimberly Holton Simpson
Temporary Inactive Users
Buyer's Agent
Carl Gervason
Temporary Inactive Users
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%

Purchase Details

Listed on
Jul 19, 2012
Closed on
Mar 1, 2013
Sold by
Swanson Donald and Swanson Maureen
Bought by
Creative Land Development
Seller's Agent
Lawrence Grodsky
Real Estate One Troy
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$135,000
Sold Price
$112,000
Premium/Discount to List
-$23,000
-17.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
779.16%

Purchase Details

Listed on
Jul 19, 2012
Closed on
Feb 27, 2013
Sold by
Francis Ivanhoe
Bought by
Swanson Doanld
Seller's Agent
Lawrence Grodsky
Real Estate One Troy
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$135,000
Sold Price
$112,000
Premium/Discount to List
-$23,000
-17.04%

Purchase Details

Closed on
Jul 31, 2003
Sold by
Gruettert Stephan
Bought by
Francis Ivanhoe

Purchase Details

Closed on
Nov 16, 2001
Sold by
Ried Ellen L
Bought by
Gruettert Stephan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,500
Interest Rate
7.26%
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
Vitale Nicolina Helene $306,000 Premier Title
Corby Nicholas $259,900 Bell Title Agency
Pensco Trust Company $215,000 First American Title Ins Co
Creative Land Development -- None Available
Swanson Doanld $112,000 Capital Title Ins Agency
Francis Ivanhoe $192,000 Metropolitan Title Company
Gruettert Stephan $155,625 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vitale Nicolina Helene $275,369
Previous Owner Gruettert Stephan $124,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/11/2024 11/11/24 Rented $2,500 -5.7% --
10/24/2024 10/24/24 For Rent $2,650 0.0% --
02/28/2022 02/28/22 Sold $306,000 +9.3% $275 / Sq Ft View Prior Sale
02/04/2022 02/04/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $279,900 +7.7% $251 / Sq Ft
03/26/2019 03/26/19 Sold $259,900 0.0% $233 / Sq Ft View Prior Sale
02/24/2019 02/24/19 Pending -- -- --
01/01/2019 01/01/19 Price Changed $259,900 -3.7% $233 / Sq Ft
01/01/2019 01/01/19 For Sale $269,900 +25.5% $242 / Sq Ft
06/18/2013 06/18/13 Sold $215,000 0.0% $193 / Sq Ft View Prior Sale
06/05/2013 06/05/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $215,000 +92.0% $193 / Sq Ft
02/27/2013 02/27/13 Sold $112,000 -17.0% $104 / Sq Ft View Prior Sale
02/27/2013 02/27/13 Pending -- -- --
07/19/2012 07/19/12 For Sale $135,000 -- $126 / 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 $4,669 $150,730 $0 $0
2022 $4,859 $137,690 $0 $0
2020 $4,263 $121,190 $0 $0
2018 $4,859 $117,030 $0 $0
2017 $5,642 $117,030 $0 $0
2015 -- $111,190 $0 $0
2014 -- $97,000 $0 $0
2011 -- $64,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chad Hagar

    Landlord's Agent in 2024

    Chad Hagar

    KW Domain

    (586) 329-8567

    10 in this area

    85 Total Sales

    Chad Hagar
    Section Image

  • N

    Tenant's Agent in 2024

    Non Mls

    Non-Mls

  • Chris Ries

    Seller's Agent in 2022

    Chris Ries

    Berkshire Hathaway HomeServices Kee Realty Wash

    (586) 770-9479

    1 in this area

    77 Total Sales

    Chris Ries
    Section Image
  • Jason Ries

    Seller Co-Listing Agent in 2022

    Jason Ries

    Epique Inc.

    (586) 960-4783

    1 in this area

    97 Total Sales

    Jason Ries
    Section Image

  • B

    Seller's Agent in 2019

    Brian McClain

    KW Metro

    Section Image

  • N

    Buyer's Agent in 2019

    Non Participant

    Non Realcomp Office

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50159202

Michigan Multiple Listing Service

APN: 25-16-336-002

Michigan Oakland County Royal Oak 48067

708 Lockwood Rd, Royal Oak, MI

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Michigan Multiple Listing Service Source MLS: MiRealSource
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