$93,000
SOLD DEC 30, 2020

727 N Stephenson Hwy Royal Oak, MI 48067

2 Beds
1 Bath
699 Sq Ft
$230/mo HOA Fee

Recently Sold

$133 Per Sq Ft

7% Below List Price

18 Days on Market

Highlights

  • Stainless Steel Appliances
  • Lobby
  • Ceiling Fan
  • Royal Oak High School Rated 9+
  • 1-Story Property
  • 3-minute walk to Kenwood Park

About This Home

As of December 2020

Beautifully Renovated 2Bed/1Bath Royal Oak Condo! Why Rent When you Can Own for a Fraction of the Price? Gorgeous Kitchen Featuring White Cabinets, Granite Tops, Stylish Backsplash, Ceramic Flooring and Stainless Steel Appliances. Living/Dining Rooms Separated by Original Built-Ins. Large Living Room w/ Tons of Natural Light and Gorgeous Hardwood Flooring. Pristine Bath w/ Custom Tile Surround and Original Vintage Flooring. Both Bedrooms Have Ample Closet Space and Ceiling Fans. Great Storage Throughout. Entire Home Tastefully Painted in Beautiful Gray Tones. Vaulted Ceilings Give the Entire Unit a Light, Airy Feel. Association Dues Include Heat, Water, Exterior & Building Maintenance as Well as One Assigned Parking Space. Coin Laundry and Additional Storage in Basement of Building. Take a Virtual Tour and Schedule Your Showing!

Last Agent to Sell the Property

Heather Poyhonen

M1 Brokerage, LLC License #6501396006 Listed on: 09/30/2020

Co-Listed By

Brian Goodman

M1 Brokerage, LLC License #6501415999

Last Buyer's Agent

John Lewis

Max Broock, REALTORS®-Birmingham License #RCO-6501359423

Max Broock, REALTORS®-Birmingham

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1956 | Remodeled in 2017

HOA Fees

  • $230 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 699 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heat Pump System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Additional Features

  • Accessible Common Area
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number 2514330039
  • $500 Seller Concession

Community Details

Overview

  • Forest Manor Association
  • Forest Manor Occpn 47 Subdivision
  • On-Site Maintenance

Amenities

  • Lobby

Pet Policy

  • The building has rules on how big a pet can be within a unit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,092

Year Built

Built in 1956 | Remodeled in 2017

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building
  • Architecture Level: 1 Story Up
  • Year Built: 1956
  • State Equalized Value: 25260.0000
  • Year Renovated: 2017
  • Accessibility Features: Common Area
  • Entry Location: Upper Level w/Steps
  • Pets Allowed: Size Limit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Common
  • Kitchen Appliances: Dishwasher, Microwave, Free-Standing Gas Range, Free-Standing Refrigerator, Stainless Steel Appliance(s)
  • Sq Ft Combined: 699
  • Total Sq Ft: 699
  • Sq Ft Total Bsmt: 800

Exterior Features

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

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Heat Pump, Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Maintenance Structure, Water
  • Association Fee Frequency: Monthly
  • Phone: lairlynda@yahoo.com
  • Association Fee: 230
  • Association Contact: Forest Manor
  • Association Fee: Yes

Schools

  • School District: Royal Oak

Lot Info

  • List Price per Acre: 92500.0000
  • Parcel Number: 2514330039

Tax Info

  • Tax Amount Summer: 921.0000
  • Tax Amount Winter: 171.0000
  • Total Tax: 1092.0000
  • Taxable Value: 19220.0000

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

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Range of Values:

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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: 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

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Map

Source: Realcomp

MLS Number: 2200080997

Realcomp

APN: 25-14-330-034