NOT LISTED FOR SALE

723 Butternut Ave Royal Oak, MI 48073

Estimated Value: $332,472 - $356,000

3 Beds
1.5 Baths
1,112 Sq Ft
$307/Sq Ft Est. Value

Last Sold March 05, 2014

Last sale price $130,000 $117 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $2,227/month

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System
  • Royal Oak High School Rated 9+
  • 2 Car Detached Garage
  • Laundry Facilities

About This Home

As of November 2022

Welcome home to this charming, updated Royal Oak brick ranch. Gleaming wood floors throughout main floor. Granite countertops and stainless steel appliances in the kitchen. Neutral color palette in the bathroom and throughout main floor. All three bedrooms feature double closets. Finished basement with additional living space and storage cabinets galore. Washer and dryer in basement for your use. Two car detached garage, pristine driveway and patio, and a fenced-in yard. Close to parks, schools, shopping and expressways, this home offers it all.

Pets negotiable, but please, no smokers.

Landlord is looking for tenant(s) with a 600+ credit score, and gross income totaling 3x monthly rent.

Last Agent to Rent the Property

Danny Dedic

EXP Realty Main License #6501413713 Listed on: 11/11/2022

EXP Realty Main

Last Renter's Agent

Danny Dedic

EXP Realty Main License #6501413713 Listed on: 11/11/2022

EXP Realty Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,027

Year Built

  • Built in 1954

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x118
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • 1,112 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Kitchen

  • Free-Standing Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level

Utilities

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

Additional Features

  • Finished Basement

Listing and Financial Details

  • Security Deposit $2,925
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 29.99
  • Assessor Parcel Number 2509205007

Community Details

Overview

  • No Home Owners Association
  • Beverly Woods Sub Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,027

Year Built

Built in 1954

Lot Details

0

Rental Info

  • Application Fee: 29.99
  • Lease Type: Single Family House
  • Rent Includes: Water/Sewer, Trash Collection (Garbage Pickup)
  • Security Deposit: 2925.00
  • Tenant Amenities: Laundry In-Unit

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1954
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Oven, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 1912
  • Sq Ft Lower Floor: 800
  • Total Sq Ft: 1112
  • Sq Ft Total Bsmt: 1112

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 50
  • Road Frontage Type: Paved
  • Sideof Street: S
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • 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: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • List Price per Acre: 15000.0000
  • Lot Size Area: 0.13
  • Lot Dimensions: 50x118
  • Parcel Number: 2509205007

Multi Family

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

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2018
Sold by
Lee Joshua and Lee Kimberly
Bought by
K Lee Llc
Current Estimated Value
$341,118

Purchase Details

Listed on
Aug 15, 2013
Closed on
Mar 6, 2014
Sold by
Groves Scott A and Baumann Robyn Renee
Bought by
Lee Joshua and Lee Kimberly
Seller's Agent
Luke Johnson
EXP Realty Main
Buyer's Agent
Carol Lee
Golden Key Realty
List Price
$170,000
Sold Price
$130,000
Premium/Discount to List
-$40,000
-23.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%

Purchase Details

Closed on
May 10, 2007
Sold by
Groves Viola I
Bought by
Groves Viola I and Groves Scott A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
K Lee Llc -- None Available
Lee Joshua $130,000 Liberty Title
Groves Viola I -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2022 11/21/22 Rented $2,000 +2.6% --
11/21/2022 11/21/22 Under Contract -- -- --
11/11/2022 11/11/22 For Rent $1,950 0.0% --
03/05/2014 03/05/14 Sold $130,000 -23.5% $117 / Sq Ft View Prior Sale
01/20/2014 01/20/14 Pending -- -- --
08/15/2013 08/15/13 For Sale $170,000 -- $153 / 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 $5,027 $131,470 $0 $0
2022 $6,033 $114,340 $0 $0
2020 $4,849 $103,050 $0 $0
2018 $6,033 $95,630 $0 $0
2017 $4,980 $95,630 $0 $0
2015 -- $86,970 $0 $0
2014 -- $79,960 $0 $0
2011 -- $69,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Danny Dedic

    Landlord's Agent in 2022

    Danny Dedic

    EXP Realty Main

    (586) 855-6672

    23 in this area

    219 Total Sales

    Danny Dedic
    Section Image
  • Luke Johnson

    Seller's Agent in 2014

    Luke Johnson

    EXP Realty Main

    (248) 417-0630

    21 in this area

    126 Total Sales

    Luke Johnson
    Section Image
  • Carol Lee

    Buyer's Agent in 2014

    Carol Lee

    Golden Key Realty

    (248) 596-1200

    1 in this area

    111 Total Sales

    Carol Lee
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20221060760

Realcomp

APN: 25-09-205-007

Michigan Oakland County Royal Oak 48073

723 Butternut Ave, Royal Oak, MI

This home is located at 723 Butternut Ave, Royal Oak, MI 48073 since 11 November 2022 and is currently priced at $341,118. This property was built in 1954. 723 Butternut Ave is a home located in Oakland County with nearby schools including Addams Elementary, Royal Oak Middle School, and Royal Oak High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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

Nearby Homes