NOT LISTED FOR SALE

720 S Gainsborough Ave Royal Oak, MI 48067

Estimated Value: $452,910 - $520,000

4 Beds
2.5 Baths
1,870 Sq Ft
$257/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $335,000 $179 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,281/month

49 Days on Market

Highlights

  • Wood Burning Stove
  • Covered Patio or Porch
  • Bungalow
  • No HOA
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

No cookie cutters found here. This historic Royal Oak Bungalow located a short distance from downtown has the charm of the 20s yet the amenities of the 2000s. Special features include a living room with natural fireplace. formal dining, updated kitchen with appliances, large family room with unique custom stone floor and gas burning stove, 4 bedrooms and 2 1/2 baths, large master bedroom with modern full bath and door wall leading to a private quiet nesting place. Well manicured lawn with abundant flower beds and garden. Part finished basement with workshop and bright laundry area. AGENT ANXIOUS

Last Agent to Sell the Property

Henry Busch

Sell Smart/Kimble-Busch License #6502381232 Listed on: 05/16/2020

Last Buyer's Agent

Julie Heidt

KW Metro License #RCO-6501376278

KW Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1927

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Property fronts an easement
  • Fenced
  • Historic Home

Home Design

  • Bungalow
  • Split Level Home
  • Block Foundation
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 1,870 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Partially Finished Basement

Kitchen

  • Free-Standing Electric Range
  • Plumbed For Ice Maker

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Watch Farm Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522256030
  • $5,350 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,300

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow, Historic, Split Level
  • Architecture Level: 1 1/2 Story
  • Year Built: 1927
  • State Equalized Value: 129610.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Wood Stove
  • Fireplace Locations: Family Room, Living Room
  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dryer, Plumbed For Ice Maker, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 2120
  • Sq Ft Lower Floor: 250
  • Total Sq Ft: 1870
  • Sq Ft Total Bsmt: 890

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Cedar
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved
  • Sideof Street: W

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas, Wood
  • Cooling: Ceiling Fan(s), 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: 2124375.0000
  • Lot Features: Easement
  • Lot Size Area: 0.16
  • Lot Dimensions: 50x140
  • Parcel Number: 2522256030

Tax Info

  • Tax Amount Summer: 2571.0000
  • Tax Amount Winter: 729.0000
  • Total Tax: 3300.0000
  • Taxable Value: 80250.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2020
Closed on
Aug 17, 2020
Sold by
Kreiger Kevin B and Kreiger Joann L
Bought by
Borton Matthew Raymond and Borton Lindda Yen
Seller's Agent
Henry Busch
Sell Smart/Kimble-Busch
Buyer's Agent
Julie Heidt
KW Metro
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%
Current Estimated Value
$479,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,978
Avg. Annual Appreciation
7.00%
Original Mortgage
$268,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 1994
Sold by
Slabosz Lawrence J
Bought by
Kevin B and Kreiger Joann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,900
Interest Rate
9.06%
Mortgage Type
New Conventional
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
Borton Matthew Raymond $335,000 None Available
Kevin B $113,255 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Borton Matthew Raymond $279,999
Previous Owner Borton Matthew Raymond $268,000
Previous Owner Kreiger Kevin B $169,000
Previous Owner Kreiger Kevin B $173,000
Previous Owner Kreiger Kevin B $168,100
Previous Owner Kevin B $101,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $335,000 -1.4% $179 / Sq Ft
07/05/2020 07/05/20 Pending -- -- --
06/11/2020 06/11/20 Price Changed $339,900 -2.9% $182 / Sq Ft
05/16/2020 05/16/20 For Sale $349,900 -- $187 / 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 $7,988 $179,680 $0 $0
2022 $8,712 $159,810 $0 $0
2020 $7,705 $134,640 $0 $0
2018 $8,712 $123,020 $0 $0
2017 $3,151 $123,020 $0 $0
2015 -- $104,480 $0 $0
2014 -- $91,120 $0 $0
2011 -- $82,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2020

    Henry Busch

    Sell Smart/Kimble-Busch

    (248) 398-3800

    3 in this area

    13 Total Sales

    Section Image
  • Julie Heidt

    Buyer's Agent in 2020

    Julie Heidt

    KW Metro

    (248) 835-5925

    26 in this area

    85 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 2200033907

Realcomp

APN: 25-22-256-030

Michigan Oakland County Royal Oak 48067

720 S Gainsborough Ave, Royal Oak, MI

This home is located at 720 S Gainsborough Ave, Royal Oak, MI 48067 since 16 May 2020 and is currently estimated at $479,978, approximately $256 per square foot. This property was built in 1927. 720 S Gainsborough 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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