NOT LISTED FOR SALE

716 Wellesley Ave Royal Oak, MI 48067

Estimated Value: $334,000 - $346,000

3 Beds
3 Baths
1,084 Sq Ft
$313/Sq Ft Est. Value

Last Sold April 18, 2017

Last sale price $188,000 $173 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,280/month

Highlights

  • No HOA
  • Forced Air Heating System
  • 4-minute walk to Maddock Park
  • Bungalow
  • 2 Car Garage

About This Home

As of March 2019

Great all Brick Bungalow house within an easy bike ride to Downtown Royal Oak. First Floor Living Room with Coved Ceilings, Dining Room, Updated Kitchen with All Appliances, Two Bedrooms. 2nd Floor Bedroom. Paneled Rec Room in Basement with Fireplace, Full Bath and Laundry/Workshop. Two Car Garage. Great House at a Great Price. No Smoking.

Last Agent to Rent the Property

Debra Frye

Real Property Management Metro Detroit License #6501376858 Listed on: 02/06/2019

Last Renter's Agent

Debra Frye

Real Property Management Metro Detroit License #6501376858 Listed on: 02/06/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,161

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00x120.00

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 1,084 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Stephenson Super Highway Sub No 3 Royal Oak Subdivision

Listing and Financial Details

  • Security Deposit $2,925
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 55.00
  • Assessor Parcel Number 2523180021

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,161

Year Built

Built in 1950

Lot Details

0

Rental Info

  • Application Fee: 55.00
  • Lease Type: Single Family House
  • Security Deposit: 2925.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1584
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 1084
  • Sq Ft Total Bsmt: 855

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 430.00

Schools

  • School District: Royal Oak

Lot Info

  • List Price per Acre: 17727.2727
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X120.00
  • Parcel Number: 2523180021

Multi Family

  • Length of Lease: 12 Months, 13-24 Months, 25-36 Months

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2017
Closed on
Apr 25, 2017
Sold by
Sandra M Lawrence
Bought by
Ewert Christopher
Seller's Agent
Peter Mirk
Tailored Real Estate Solutions
Buyer's Agent
Julie Cook
KW Metro
List Price
$189,900
Sold Price
$188,000
Premium/Discount to List
-$1,900
-1%
Current Estimated Value
$339,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,429
Avg. Annual Appreciation
7.30%
Original Mortgage
$110,000
Outstanding Balance
$92,248
Interest Rate
3.97%
Estimated Equity
$246,347
Source: Public Records

Range of Values:

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Average Value
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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
Ewert Christopher -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ewert Christopher $110,000
Closed Ewert Christopher --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Rented $1,950 0.0% --
02/21/2019 02/21/19 Under Contract -- -- --
02/06/2019 02/06/19 For Rent $1,950 0.0% --
04/18/2017 04/18/17 Sold $188,000 -1.0% $173 / Sq Ft
02/28/2017 02/28/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $189,900 -- $175 / 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 $5,161 $132,140 $0 $0
2022 $5,529 $113,290 $0 $0
2020 $4,890 $100,050 $0 $0
2018 $5,529 $86,930 $0 $0
2017 $2,510 $86,930 $0 $0
2015 -- $79,770 $0 $0
2014 -- $73,410 $0 $0
2011 -- $64,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2019

    Debra Frye

    Real Property Management Metro Detroit

    (248) 808-6550

    Debra Frye
    Section Image
  • Peter Mirk

    Seller's Agent in 2017

    Peter Mirk

    Tailored Real Estate Solutions

    (248) 418-0624

    8 in this area

    176 Total Sales

    Peter Mirk
    Section Image

  • J

    Buyer's Agent in 2017

    Julie Cook

    KW Metro

    (810) 923-0092

    Julie Cook
    Section Image
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Map

Source: Realcomp

MLS Number: 219011031

Realcomp

APN: 25-23-180-021

Michigan Oakland County Royal Oak 48067

716 Wellesley Ave, Royal Oak, MI

This home is located at 716 Wellesley Ave, Royal Oak, MI 48067 since 06 February 2019 and is currently priced at $339,429. This property was built in 1950. 716 Wellesley 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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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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