NOT LISTED FOR SALE

825 E Farnum Ave Royal Oak, MI 48067

Estimated Value: $739,000 - $825,000

3 Beds
3.5 Baths
2,100 Sq Ft
$375/Sq Ft Est. Value

Last Sold September 22, 2021

Last sale price $659,000 $314 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,959/month

104 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • Covered Patio or Porch
  • Royal Oak High School Rated 9+
  • No HOA
  • 3 Car Detached Garage

About This Home

As of September 2021

Beautiful Royal Oak newer construction across from Whittier Park! This stunning home features hardwood floors and crown molding throughout first floor. Main level also includes spacious office and formal dining room. Beautiful open concept kitchen features Kitchen-Aid appliances, granite counters, subway tile backsplash, and functional breakfast nook. Living room with gas fireplace and granite surround. Main floor half bath with granite countertop. Mud room with lockers. Master bedroom with his & her walk in closets, make up vanity, and tray ceilings. Master bath with dual vanity, large walk-in shower featuring euro glass, soaking tub, and tile floor. Second floor laundry with front load washer/dryer. Spacious finished basement with entertaining space, workout space, and full bath. Fully landscaped large backyard with patio, privacy fence, irrigation, outdoor lighting, and 3 car garage. Quick walk to downtown Royal Oak!

Last Agent to Sell the Property

John Farhat

Good Company License #6501349205 Listed on: 05/05/2021

Good Company

Last Buyer's Agent

Robert Crandall

License #6501255048

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2013

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 55x158
  • Fenced

Home Design

  • Colonial Architecture
  • Poured Concrete

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Finished Basement

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Alexander Place Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2515332070

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,274

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2013
  • State Equalized Value: 237190.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 14
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Disposal, Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Washer, Bar Fridge
  • Sq Ft Combined: 2700
  • Sq Ft Lower Floor: 600
  • Total Sq Ft: 2100
  • Sq Ft Total Bsmt: 1050

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Wood
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 55
  • Porch Type: Porch - Covered, Porch, Patio - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Electricity, Door Opener, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), 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

  • Homestead: Yes
  • Lot Size Area: 0.20
  • Lot Dimensions: 55X158
  • Parcel Number: 2515332070

Tax Info

  • Tax Amount Summer: 7233.0000
  • Tax Amount Winter: 2041.0000
  • Total Tax: 9274.0000
  • Taxable Value: 225680.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Sep 22, 2021
Sold by
Andrew Cline and Andrew Rachel Cline
Bought by
Cummings Brian Scott and Cummings Jennifer
Seller's Agent
John Farhat
Good Company
Buyer's Agent
Robert Crandall
List Price
$699,000
Sold Price
$659,000
Premium/Discount to List
-$40,000
-5.72%
Current Estimated Value
$788,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,299
Avg. Annual Appreciation
4.53%
Original Mortgage
$548,000
Outstanding Balance
$498,639
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$289,660

Purchase Details

Closed on
May 12, 2016
Sold by
Cline Andrew and Cline Rachel
Bought by
Cline Andrew and Cline Rachel

Purchase Details

Closed on
Oct 21, 2013
Sold by
The School District Of The City Of Royal
Bought by
Robertson Royal Oak Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,800
Interest Rate
3.05%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Cummings Brian Scott $659,000 First American Title
Cline Andrew -- None Available
Robertson Royal Oak Llc -- First American Title
Cline Andrew $367,774 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cummings Brian Scott $548,000
Previous Owner Cline Andrew $330,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2021 09/22/21 Sold $659,000 0.0% $314 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
07/30/2021 07/30/21 Price Changed $659,000 -2.4% $314 / Sq Ft
06/23/2021 06/23/21 Price Changed $675,000 -3.4% $321 / Sq Ft
05/06/2021 05/06/21 For Sale $699,000 +6.1% $333 / Sq Ft
05/05/2021 05/05/21 Off Market $659,000 -- --
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 $9,157 $324,240 $0 $0
2022 $10,993 $287,160 $0 $0
2020 $8,898 $237,190 $0 $0
2018 $10,993 $216,270 $0 $0
2017 $8,701 $216,270 $0 $0
2015 -- $215,650 $0 $0
2014 -- $190,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210031882

Realcomp

APN: 25-15-332-070