$44,000
SOLD FEB 29, 2016

727 N Stephenson Hwy Royal Oak, MI 48067

2 Beds
1 Bath
699 Sq Ft
$220/mo HOA Fee

Recently Sold

$63 Per Sq Ft

2% Below List Price

2 Days on Market

Highlights

  • Ranch Style House
  • Ceiling Fan
  • 3-minute walk to Kenwood Park
  • Royal Oak High School Rated 9+
  • Baseboard Heating

About This Home

As of December 2020

Condo located in excellent Royal Oak Neighborhood close to freeway access and Downtown Royal Oak. Condo on 2nd floor features living room, dining room & two bedrooms all with hardwood floors. Kitchen with refrigerator and new stove and full bath. Needs a little updating but priced accordingly. Common basement with coin laundry and storage area. One assigned parking spot. Association due includes heat and water. Pos: 0

Last Agent to Sell the Property

Peter Mirk

RE/MAX Classic License #MISPE-6502101826 Listed on: 02/03/2016

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $922

Year Built

  • Built in 1956

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 699 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Basement Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • Forest Manor Occpn 47 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2514330040

Property Details

Home Type

Condominium

Est. Annual Taxes

$922

Year Built

Built in 1956

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Condominium
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Year Built: 1956
  • Mail City: Royal Oak
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Basement: Yes
  • Basement: Block, Common
  • Bedrooms: 2
  • Bedroom 1: On Entry Level, Dimensions: 12 x 10
  • Bedroom 2: On Entry Level, Dimensions: 10 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 7 x 6, On Level: Entry
  • Dining Room: On Entry Level, Dimensions: 10 x 10
  • Kitchen: On Entry Level, Dimensions: 9 x 8
  • Living Room: On Entry Level, Dimensions: 14 x 12
  • Above Grade Finished Sq Ft: 699
  • Total Finished Sq Ft: 699

Exterior Features

  • Exterior: Brick
  • Foundation: Basement
  • Road: Paved Street

Utilities

  • Heating: Baseboard
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Ceiling Fan(s), Wall/Window A/C

Condo/Co-op/Association

  • HOA Fees: 220
  • HOA Fee Frequency: Monthly
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 2514330040
  • Lot Dimensions: Condo
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $791.00
  • Winter Tax: Amount: $131.00

MLS Schools

  • School District: Royal Oak Neighborhood Schools

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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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 Type Sale Price Title Company
Warranty Deed $68,000 First American Title
Deed $35,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $34,100 No Value Available
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: Michigan Multiple Listing Service

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

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31278518

Michigan Multiple Listing Service

APN: 25-14-330-034