NOT LISTED FOR SALE

715 E 2nd St Royal Oak, MI 48067

Estimated Value: $429,000 - $484,000

3 Beds
2 Baths
1,461 Sq Ft
$309/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $380,000 $260 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,871/month

1 Day on Market

Highlights

  • No HOA
  • 1.5 Car Detached Garage
  • Patio
  • Stainless Steel Appliances
  • Porch
  • 4-minute walk to Grant Park

About This Home

As of March 2021

**MULTIPLE OFFER SITUATION, HIGHEST AND BEST DUE BY 8:30PM SATURDAY 2/27/21** Welcome home to this beautifully maintained 1,500 sq ft brick Bungalow located in Royal Oak’s most sought-after location, just 4 blocks from vibrant downtown and only a short walk from the Farmer’s Market, restaurants, and shopping. Stepping into your inviting home, you'll find beautiful hardwood floors, an open layout and a custom granite kitchen that includes stainless steel appliances with a seated island. Highlighted inside are 3 roomy bedrooms that boast natural light, 2 full baths, and a spacious family room with a stunning gas fireplace. The large master bedroom features a master bath with a skylight and walk-in closet. The finished basement combines ample entertainment and storage space. This home also includes updated mechanical elements such as a tankless water heater, newer furnace, A/C, humidifier, roof, plumbing, windows, electrical, and much more.

Last Agent to Sell the Property

Sheel Sohal

KW Domain License #6501406081 Listed on: 02/25/2021

KW Domain

Last Buyer's Agent

Matthew Berney

Quest Realty LLC License #6501386580

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1941

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 41.00x121.00
  • Fenced

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,461 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Washer
  • Finished Basement

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1.5 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

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
  • Reynolds Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522130013

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,204

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1941
  • State Equalized Value: 133610.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 1916
  • Sq Ft Lower Floor: 455
  • Total Sq Ft: 1461
  • Sq Ft Total Bsmt: 910

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 41
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 1 Car, 1.5 Car
  • Garage Features: Detached, Door Opener, Electricity
  • 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: 2908333.3333
  • Lot Size Area: 0.12
  • Lot Dimensions: 41.00X121.00
  • Parcel Number: 2522130013

Tax Info

  • Tax Amount Summer: 4059.0000
  • Tax Amount Winter: 1145.0000
  • Total Tax: 5204.0000
  • Taxable Value: 126660.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Mar 31, 2021
Sold by
Riffel Craig R and Riffel Amanda M
Bought by
Chen Lily J and He Linglong
Seller's Agent
Sheel Sohal
KW Domain
Buyer's Agent
Matthew Berney
Quest Realty LLC
List Price
$349,000
Sold Price
$380,000
Premium/Discount to List
$31,000
8.88%
Current Estimated Value
$451,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,382
Avg. Annual Appreciation
3.65%
Original Mortgage
$240,000
Outstanding Balance
$216,469
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$228,692

Purchase Details

Closed on
Apr 24, 2019
Sold by
Riffel Craig and Mazur Amanda
Bought by
Riffel Craig R and Riffel Amanda M

Purchase Details

Listed on
May 1, 2015
Closed on
Jun 10, 2015
Sold by
Reiter Sydney L
Bought by
Riffel Craig and Mazur Amanda
Seller's Agent
Jeffrey Reiter
Real Broker Birmingham
Buyer's Agent
Jennifer Doctor
The Agency Hall & Hunter
List Price
$299,900
Sold Price
$291,900
Premium/Discount to List
-$8,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$273,600
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2011
Sold by
Reiter Sydney L
Bought by
Reiter Sydney L

Purchase Details

Closed on
Jun 21, 2006
Sold by
Moore Ellen C
Bought by
Reiter Sydney L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Chen Lily J $380,000 Stewart Title
Chen Lily J $380,000 None Listed On Document
Riffel Craig R -- None Available
Riffel Craig $291,900 None Available
Reiter Sydney L -- None Available
Reiter Sydney L $182,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Lily J $240,000
Closed Chen Lily J $240,000
Previous Owner Riefell Amanda M $230,000
Previous Owner Riffel Craig $273,600
Previous Owner Reiter Sydney L $241,200
Previous Owner Reiter Sydney L $78,000
Previous Owner Reiter Sydney L $108,000
Previous Owner Reiter Sydney L $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $380,000 +8.9% $260 / Sq Ft
02/27/2021 02/27/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $349,000 +19.6% $239 / Sq Ft
06/10/2015 06/10/15 Sold $291,900 -2.7% $205 / Sq Ft
05/04/2015 05/04/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $299,900 -- $211 / 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 $4,938 $169,870 $0 $0
2022 $6,011 $156,630 $0 $0
2020 $4,799 $133,610 $0 $0
2018 $6,011 $123,920 $0 $0
2017 $4,881 $123,920 $0 $0
2015 -- $77,670 $0 $0
2014 -- $71,570 $0 $0
2011 -- $64,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sheel Sohal

    Seller's Agent in 2021

    Sheel Sohal

    KW Domain

    (248) 249-3122

    97 in this area

    290 Total Sales

    Sheel Sohal
    Section Image
  • Matthew Berney

    Buyer's Agent in 2021

    Matthew Berney

    Quest Realty LLC

    (248) 632-2134

    16 in this area

    275 Total Sales

    Matthew Berney
    Section Image
  • Jeffrey Reiter

    Seller's Agent in 2015

    Jeffrey Reiter

    Real Broker Birmingham

    (248) 376-1513

    29 in this area

    109 Total Sales

    Jeffrey Reiter
    Section Image

  • J

    Buyer's Agent in 2015

    Jennifer Doctor

    The Agency Hall & Hunter

    (248) 798-8067

    10 in this area

    62 Total Sales

    Jennifer Doctor
    Section Image
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Map

Source: Realcomp

MLS Number: 2210011262

Realcomp

APN: 25-22-130-013

Michigan Oakland County Royal Oak 48067

715 E 2nd St, Royal Oak, MI

This home is located at 715 E 2nd St, Royal Oak, MI 48067 since 25 February 2021 and is currently estimated at $451,382, approximately $308 per square foot. This property was built in 1941. 715 E 2nd St is a home located in Oakland County with nearby schools including Keller Elementary, Royal Oak Middle School, and Royal Oak High School.

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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