NOT LISTED FOR SALE

727 N Stephenson Hwy Royal Oak, MI 48067

Estimated Value: $67,000 - $75,000

2 Beds
1 Bath
700 Sq Ft
1956 Built

Last Sold December 30, 2020

Last sale price $93,000 $133 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $435/month

Highlights

  • Ranch Style House
  • Porch
  • Ceiling Fan
  • No HOA
  • Lobby
  • 3-minute walk to Kenwood Park

About This Home

As of May 2022

Completely updated 2br./1bath condo in Royal Oak! Located 1 mile from downtown, close to I75 & 696. Newer white kitchen, brand new SS appliances (stove, refrigerator, microwave, and dishwasher). granite counters. Open concept living/dining room. Lots of closets and storage. Hardwood floors with nice dark stain, updated bathroom as well. Ceiling fans in both br's. New air conditioning unit cools entire unit. Coin operated laundry right in the building. One assigned parking spot included. Second spot available for extra $50.00 per month. Rent includes heat water, gas, lawn, and snow. Tenant just pays electric and cable. Cats OK, dog depends on size and breed. Pet deposit $450.00 for one pet, $500.00 for two pets. No smoking, 1.5 month security deposit, first months rent. $195.00 non refundable cleaning fee up front at signing. Available May 1. Twelve month lease. Must have 700 or better credit score, NO EXCEPTIONS, Really nice, well maintained building! Landlord has own lease.

Last Agent to Rent the Property

Mary Sagady

Own Your Dream License #6504088820 Listed on: 04/27/2022

Last Renter's Agent

Mary Sagady

Own Your Dream License #RCO-6504088820

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $584

Year Built

  • Built in 1956

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 700 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Paved Parking
  • On-Street Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Security Deposit $2,400
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Assessor Parcel Number 2514330040

Community Details

Overview

  • No Home Owners Association
  • On-Site Maintenance

Amenities

  • Laundry Facilities
  • Lobby

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed
  • Breed Restrictions
  • The building has rules on how big a pet can be within a unit

Condo Details

Home Type

Condominium

Est. Annual Taxes

$584

Year Built

Built in 1956

Lot Details

0

Rental Info

  • Lease Type: Condominium
  • Rent Includes: Heat, Association Fee, Water/Sewer, Snow Removal, Trash Collection (Garbage Pickup), Water, Yard Maintenance
  • Security Deposit: 2400.00
  • Tenant Amenities: Laundry On Site

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building, Ranch
  • Architecture Level: 1 Story Ground
  • Year Built: 1956
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Size Limit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave
  • Sq Ft Combined: 700
  • Total Sq Ft: 700

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Grounds Maintenance, Lighting
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: 1 Assigned Space
  • MF Parking: Assigned Spaces, On Street, Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Gas, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Association Fee: No

Fee Information

  • Additional Fee: 195.00

Schools

  • School District: Royal Oak

Lot Info

  • Parcel Number: 2514330040

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
Feb 12, 2025
Sold by
Simpson Michael
Bought by
Lynda Ann Lair Living Trust and Lair
Current Estimated Value
$70,718

Purchase Details

Closed on
Sep 14, 1995
Sold by
Nash Suzanne E
Bought by
Simpson Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,100
Interest Rate
7.78%
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
Lynda Ann Lair Living Trust $68,000 First American Title
Simpson Michael $35,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simpson Michael $34,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2022 05/05/22 Rented $1,600 0.0% --
05/03/2022 05/03/22 Under Contract -- -- --
04/27/2022 04/27/22 For Rent $1,600 0.0% --
12/30/2020 12/30/20 Sold $93,000 -6.9% $133 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $99,900 0.0% $143 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $99,900 +127.0% $143 / Sq Ft
02/29/2016 02/29/16 Sold $44,000 -2.2% $63 / Sq Ft
02/05/2016 02/05/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $45,000 +12.5% $64 / Sq Ft
05/27/2014 05/27/14 Sold $40,000 -16.7% $57 / Sq Ft
04/25/2014 04/25/14 Pending -- -- --
03/26/2014 03/26/14 For Sale $48,000 -- $69 / 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 $584 $36,030 $0 $0
2022 $690 $27,050 $0 $0
2020 $568 $25,300 $0 $0
2018 $690 $21,720 $0 $0
2017 $665 $21,720 $0 $0
2015 -- $17,860 $0 $0
2014 -- $15,760 $0 $0
2011 -- $31,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2022

    Mary Sagady

    Own Your Dream

    Section Image

  • H

    Seller's Agent in 2020

    Heather Poyhonen

    M1 Brokerage, LLC

    (248) 602-0900

    5 in this area

    41 Total Sales

    Heather Poyhonen
    Section Image
  • Brian Goodman

    Seller Co-Listing Agent in 2020

    Brian Goodman

    M1 Brokerage, LLC

    (248) 390-5929

    1 in this area

    50 Total Sales

    Brian Goodman
    Section Image
  • John Lewis

    Buyer's Agent in 2020

    John Lewis

    Max Broock, REALTORS®-Birmingham

    (248) 906-9674

    4 in this area

    82 Total Sales

    John Lewis
    Section Image

  • P

    Seller's Agent in 2016

    Peter Mirk

    RE/MAX

    Section Image

  • .

    Buyer's Agent in 2016

    . Non Mls Member

    NON MLS Member

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Map

Source: Realcomp

MLS Number: 2220029715

Realcomp

APN: 25-14-330-034

Michigan Oakland County Royal Oak 48067

727 N Stephenson Hwy, Royal Oak, MI

This home is located at 727 N Stephenson Hwy, Royal Oak, MI 48067 since 27 April 2022 and is currently priced at $70,718. This property was built in 1956. 727 N Stephenson Hwy is a home located in Oakland County with nearby schools including Keller Elementary, 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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