NOT LISTED FOR SALE

725 E 2nd St Royal Oak, MI 48067

Estimated Value: $418,976 - $456,000

4 Beds
1.5 Baths
1,416 Sq Ft
$312/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $275,400 $194 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,818/month

27 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Porch
  • Keller Elementary Rated A-
  • 2 Car Detached Garage
  • 5-minute walk to Grant Park

About This Home

As of February 2017

This is the closest home to downtown Royal oak on the market today Downtown Colonial 2 blocks to Farmers Market and 4 to the center of town. All 4 bedrooms and full bath on upper level. Huge double door closets in all the bedrooms. Large formal dining room with sliding door wall to patio and very private yard. Hardwood floors on 1st and 2nd floors. Vinyl windows and steel entry doors. Newer kitchen with granite counters, Stainless appliances, upper and under cabinet lighting, Bamboo floors and garden window. All bathrooms completely updated. Half bath on first floor. Crown moldings and LED lighting. Finished basement. 24 X 22 2 1/2 car garage + 2 access doors and attached dog run. New driveway and patio poured in 2012. Just painted in neutral colors. Immediate Occupancy.

Last Agent to Sell the Property

Michael Nalley

Nalley Real Estate License #6504264454 Listed on: 01/03/2017

Last Buyer's Agent

Patricia Roberge

Coldwell Banker Weir Manuel-Bir License #RCO-6501388303

Coldwell Banker Weir Manuel-Bir

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1967

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 42 x 122.15
  • Fenced

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,416 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Detached Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating 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 2522130016
  • $7,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,565

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Total Sq Ft: 1416

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Poured
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • 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

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1424500.0000
  • Lot Size Area: 0.20
  • Lot Dimensions: 42 X 122.15
  • Parcel Number: 2522130016

Tax Info

  • Tax Amount Summer: 2865.9100
  • Tax Amount Winter: 699.1000
  • Total Tax: 3565.0100

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2017
Closed on
Mar 1, 2017
Sold by
Whalen Ronald K and Whalen Donna L
Bought by
Rivas Anthonty and Rivas Robin
Seller's Agent
Michael Nalley
Nalley Real Estate
Buyer's Agent
Patricia Roberge
Coldwell Banker Weir Manuel-Bir
List Price
$284,900
Sold Price
$275,400
Premium/Discount to List
-$9,500
-3.33%
Current Estimated Value
$441,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,594
Avg. Annual Appreciation
5.48%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Rivas Anthonty $275,400 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2017 02/28/17 Sold $275,400 -3.3% $194 / Sq Ft
01/30/2017 01/30/17 Pending -- -- --
01/03/2017 01/03/17 For Sale $284,900 -- $201 / 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 $6,080 $179,770 $0 $0
2024 $4,628 $163,070 $0 $0
2022 $5,469 $148,170 $0 $0
2020 $4,498 $136,960 $0 $0
2018 $5,469 $105,560 $0 $0
2017 $3,538 $105,560 $0 $0
2015 -- $100,140 $0 $0
2014 -- $93,490 $0 $0
2011 -- $96,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217000292

Realcomp

APN: 25-22-130-016