NOT LISTED FOR SALE

818 Magnolia Ave Royal Oak, MI 48073

Estimated Value: $650,000 - $898,000

4 Beds
2 Baths
2,775 Sq Ft
$262/Sq Ft Est. Value

Last Sold March 21, 2012

Last sale price $197,000 $71 Per Sq Ft

Est. 269% increase in value since last sale

Current estimated payment $4,472/month

127 Days on Market

Highlights

  • Above Ground Pool
  • 0.57 Acre Lot
  • Porch
  • Northwood Elementary School Rated A-
  • Deck
  • 5-minute walk to Marais Park

About This Home

As of March 2012

NICE 4 BEDROOM CONVERTED RANCH WITH 3 CAR ATT GARAGE, LARGE WOOD DECK OFF BACK WITH ABOVE GROUND POOL. SHOWINGS 7 DAYS A WEEK. THIS IS A FANNIE MAE HOMEPATH PROPERTY. PURCHASE FOR AS LITTLE AS 3% DOWN. PROPERTY IS APPROVED FOR HOMEPATH MORTGAGE & RENOVATION FINANCING.

Last Agent to Sell the Property

Giovan Agazzi

GSA Elite Realty License #MISPE-6501293658 Listed on: 10/10/2011

Last Buyer's Agent

Julie Farr

RE/MAX Vision License #MISPE-6501267236

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 123x200

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,775 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Above Ground Pool
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Forest Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2509403011

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 2 Story
  • Total Tax Amount: 5364
  • Total Tax Year: 2010
  • Year Built: 1953
  • Mail City: Royal Oak
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace
  • Basement: Yes
  • Bedrooms: 4
  • Bedroom 1: On Upper Floor, Dimensions: 20 x 14
  • Bedroom 2: On Entry Level, Dimensions: 12 x 12
  • Bedroom 3: On Entry Level, Dimensions: 12 x 10
  • Bedroom 4: On Entry Level, Dimensions: 10 x 10
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room Types: Living Room
  • Kitchen: On Entry Level, Dimensions: 14 x 14
  • Living Room: On Entry Level, Dimensions: 18 x 14
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 2775
  • Total Finished Sq Ft: 2775

Exterior Features

  • Pool: Yes
  • Exterior: Brick, Vinyl Siding
  • Exterior Features: Above Ground Pool, Deck, Porch, Sidewalks, Street Lights
  • Foundation: Basement
  • Frontage: 123
  • Road: Paved Street

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 3
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public At Street
  • Water: Public Water
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 2509403011
  • Lot Dimensions: 123X200
  • Acreage: 0.57

Tax Info

  • Summer Tax: Year: 2010, Amount: $5,190.00
  • Winter Tax: Year: 2010, Amount: $174.00
  • Total Tax: Year: 2010, Amount: $5,364.00
  • SEV Year: 2010

MLS Schools

  • School District: Royal Oak Neighborhood Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2010
Sold by
Carpman Bruce M
Bought by
Federal National Mortgage Association
Current Estimated Value
$726,956

Purchase Details

Closed on
May 20, 1998
Sold by
Bemis Lynn L
Bought by
Carpman Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,800
Interest Rate
7.18%
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
Federal National Mortgage Association $235,874 None Available
Carpman Bruce $191,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rider Krystal $75,000
Open Rider Jason S $187,150
Previous Owner Carpman Bruce M $80,000
Previous Owner Carpman Bruce $152,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2012 03/21/12 Sold $197,000 -25.6% $71 / Sq Ft
02/14/2012 02/14/12 Pending -- -- --
10/10/2011 10/10/11 For Sale $264,900 -- $95 / 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 $5,902 $280,360 $0 $0
2022 $6,974 $245,720 $0 $0
2020 $5,735 $223,380 $0 $0
2018 $6,974 $204,090 $0 $0
2017 $6,702 $204,090 $0 $0
2015 -- $180,170 $0 $0
2014 -- $171,600 $0 $0
2011 -- $148,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31076192

Michigan Multiple Listing Service

APN: 25-09-403-011