NOT LISTED FOR SALE

727 Forest Ave Royal Oak, MI 48067

Estimated Value: $329,627 - $370,000

2 Beds
1 Bath
1,218 Sq Ft
$285/Sq Ft Est. Value

Last Sold September 21, 2021

Last sale price $265,000 $218 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,191/month

5 Days on Market

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Patio
  • Royal Oak High School Rated 9+
  • Porch
  • Bungalow

About This Home

As of September 2021

Wonderful Royal Oak bungalow features spacious rooms with charming details on a long lot with a big backyard. Bright living room with coved ceilings, built in shelving, and a cozy natural fireplace. Traditional dining room with wainscoting connects the living room and kitchen. Roomy kitchen with tile floor and plenty of cabinet space. Two bedrooms, including the large primary bedroom share a full bath with skylight on the second floor. Full basement with laundry and ample storage space. Big fenced backyard with brick patio, garden beds, and detached garage. Close to downtown Royal Oak and easy freeway access. Welcome Home!

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 08/05/2021

Good Company

Last Buyer's Agent

Brandon Curry

Signature Sotheby's International Realty Bham License #RCO-6501388008

Signature Sotheby's International Realty Bham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1939

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40.00x149.00
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,218 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Oakmount Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2515330024
  • $4,012 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,642

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1939
  • State Equalized Value: 113810.0000
  • 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: Natural
  • Fireplace Locations: Living Room
  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Oven, Free-Standing Gas Range, Microwave, Washer
  • Sq Ft Combined: 1218
  • Total Sq Ft: 1218
  • Sq Ft Total Bsmt: 621

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 1 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)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 40.00X149.00
  • Parcel Number: 2515330024

Tax Info

  • Tax Amount Summer: 3905.0000
  • Tax Amount Winter: 737.0000
  • Total Tax: 4642.0000
  • Taxable Value: 81500.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Sep 20, 2021
Sold by
Gambino James J
Bought by
Byrnes Robert
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Brandon Curry
Signature Sotheby's International Realty Bham
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$347,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,157
Avg. Annual Appreciation
6.91%
Original Mortgage
$251,750
Outstanding Balance
$229,074
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$118,083

Purchase Details

Closed on
May 3, 2004
Sold by
Fernandez Elizabeth
Bought by
Gambino James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,650
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2002
Sold by
Lund Matthew J and Lund Michelle M
Bought by
Fernandez Elizabeth

Purchase Details

Closed on
Dec 16, 1998
Sold by
Parker Brian P
Bought by
Lund Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,100
Interest Rate
6.83%

Purchase Details

Closed on
Apr 4, 1996
Sold by
Uznis John C
Bought by
Parker Brian P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,640
Interest Rate
7.91%
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
Byrnes Robert $265,000 Parks Title
Gambino James J $204,900 Title One Inc
Fernandez Elizabeth $175,000 H & H Title Inc
Lund Matthew J $152,750 --
Parker Brian P $135,150 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byrnes Robert $251,750
Previous Owner Gambino James J $194,650
Previous Owner Lund Matthew J $145,100
Previous Owner Parker Brian P $134,640
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2021 09/21/21 Sold $265,000 0.0% $218 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $265,000 -- $218 / 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 $4,203 $143,930 $0 $0
2022 $5,361 $131,200 $0 $0
2020 $4,084 $113,810 $0 $0
2018 $5,361 $103,750 $0 $0
2017 $4,329 $103,750 $0 $0
2015 -- $84,350 $0 $0
2014 -- $77,270 $0 $0
2011 -- $73,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210059206

Realcomp

APN: 25-15-330-024