NOT LISTED FOR SALE

720 E 3rd St Royal Oak, MI 48067

Estimated Value: $543,000 - $615,000

4 Beds
3.5 Baths
1,806 Sq Ft
$319/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $520,000 $288 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,772/month

1 Day on Market

Highlights

  • Craftsman Architecture
  • No HOA
  • Stainless Steel Appliances
  • Keller Elementary Rated A-
  • Covered Patio or Porch
  • 3-minute walk to Grant Park

About This Home

As of April 2022

Historical charm and beautiful architecture abound in this Craftsman-Style home w/Living & Dining rooms boasting decorative ceiling & moldings. Hardwood flooring radiates throughout. Custom Kitchen w/concrete countertops, reclaimed wood wall, solid cherry wood cabinets, hand-made glass tile backsplash & heated floors. Stainless-steel appliances including Dishwasher Install (11/17). Backdoor leads to a small mudroom & butler’s pantry w/additional kitchen cabinetry & porcelain floor. Slider Door extends off kitchen leading to a quaint patio deck w/built-in new outdoor grill (6/20). House Re-painted inside (10/19). New Landscaping (4/21). New 6-foot fenced yard (12/17). MBR flaunts detailed coffered ceiling, French doors, & large walk-in closet plumbed for a washer & dryer. Master Bath includes custom euro glass shower & large tub. Indoor/Outdoor sound system. NEW Furnace/AC & Water Heater (3/20). Detached 2.5 car Garage w/Bonus room! Home Warranty Incl. Walk to Downtown Royal Oak.

Last Agent to Sell the Property

Linda McFarland

KW Metro License #6501406534 Listed on: 03/10/2022

KW Metro

Last Buyer's Agent

The Randy Miller Homes Team

RE/MAX Encore License #RCO-6501355542

RE/MAX Encore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1924 | Remodeled in 2007

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40.00x154.88
  • Fenced
  • Historic Home

Home Design

  • Craftsman Architecture
  • Block Foundation
  • Asphalt Roof
  • Rubber Roof
  • Stucco

Interior Spaces

  • 1,806 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Ceiling Fan
  • Living Room with Fireplace
  • Unfinished Basement
  • Interior Basement Entry

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2.5 Car Detached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Humidifier
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2522132007

Community Details

Overview

  • No Home Owners Association
  • Fourth Avenue Sub Subdivision

Amenities

  • Community Barbecue Grill

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,291

Year Built

Built in 1924 | Remodeled in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Historic, Craftsman
  • Architecture Level: 2 Story
  • Warranty: Yes
  • Year Built: 1924
  • State Equalized Value: 208390.0000
  • Year Renovated: 2007
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Sound System
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Unfinished
  • Kitchen Appliances: Disposal, ENERGY STAR® qualified dishwasher, ENERGY STAR® qualified refrigerator, Free-Standing Gas Oven, Free-Standing Gas Range, Stainless Steel Appliance(s)
  • Total Sq Ft: 1806

Exterior Features

  • Roof Material: Asphalt, Rubber
  • Foundation Details: Basement
  • Construction Materials: Stucco
  • Exterior Features: BBQ Grill, Lighting, Fenced
  • Foundation Materials: Block
  • Porch Type: Porch - Covered, Patio, Porch, Patio - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: S
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Electricity, Door Opener, Heated, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Zoned
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.14
  • Lot Dimensions: 40.00X154.88
  • Parcel Number: 2522132007

Tax Info

  • Tax Amount Summer: 5696.3600
  • Tax Amount Winter: 1594.9500
  • Total Tax: 7291.3100
  • Taxable Value: 180620.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Apr 12, 2022
Sold by
Lefevre Mary Jo and Racey Sheryl
Bought by
Linn Lucas Sarah
Seller's Agent
Linda McFarland
KW Metro
Buyer's Agent
The Randy Miller Homes Team
RE/MAX Encore
List Price
$505,000
Sold Price
$520,000
Premium/Discount to List
$15,000
2.97%
Current Estimated Value
$575,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,518
Avg. Annual Appreciation
2.76%

Purchase Details

Closed on
Dec 29, 2016
Sold by
Lefevre Mary Jo
Bought by
Lefevre Mary Jo and Racey Sheryl

Purchase Details

Listed on
Aug 18, 2016
Closed on
Oct 3, 2016
Sold by
Becker Jennifer M and Becker Brandon J
Bought by
Lefevre Mary Jo
Seller's Agent
Lora Kazanjian
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Jim Shaffer
Good Company
List Price
$419,900
Sold Price
$412,000
Premium/Discount to List
-$7,900
-1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$329,600
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2012
Sold by
Dochenetz Jennifer and Becker Brandon J
Bought by
Becker Jennifer M and Becker Brandon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,259
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2000
Sold by
Dembowski S P
Bought by
Dochenetz Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,125
Interest Rate
7.87%

Purchase Details

Closed on
Aug 31, 1998
Sold by
Malmquist Bjorn
Bought by
Dembowski S P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,900
Interest Rate
6.9%

Purchase Details

Closed on
Aug 30, 1996
Sold by
Powers Amy E
Bought by
Malmquist Bjorn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Linn Lucas Sarah $520,000 None Listed On Document
Lefevre Mary Jo -- None Available
Lefevre Mary Jo $412,000 None Available
Becker Jennifer M -- Partners Title Agency Llc
Dochenetz Jennifer $182,500 --
Dembowski S P $143,650 --
Malmquist Bjorn $125,650 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lefevre Mary Jo $329,600
Previous Owner Becker Jennifer M $115,259
Previous Owner Dochenetz Jennifer $155,125
Previous Owner Dembowski S P $114,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2022 04/13/22 Sold $520,000 +3.0% $288 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $505,000 +22.6% $280 / Sq Ft
10/03/2016 10/03/16 Sold $412,000 -1.9% $228 / Sq Ft View Prior Sale
08/25/2016 08/25/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $419,900 -- $233 / 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
2025 $9,088 $264,590 $0 $0
2024 $6,918 $240,000 $0 $0
2022 $7,143 $219,750 $0 $0
2020 $6,710 $201,690 $0 $0
2018 $7,143 $168,890 $0 $0
2017 $6,933 $168,890 $0 $0
2015 -- $102,460 $0 $0
2014 -- $88,890 $0 $0
2011 -- $74,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220006631

Realcomp

APN: 25-22-132-007