NOT LISTED FOR SALE

913 Magnolia Ave Royal Oak, MI 48073

Estimated Value: $399,000 - $409,000

3 Beds
1.5 Baths
1,174 Sq Ft
$344/Sq Ft Est. Value

Last Sold June 02, 2017

Last sale price $250,000 $213 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,595/month

2 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Patio
  • Northwood Elementary School Rated A-
  • 2 Car Detached Garage
  • 4-minute walk to Marais Park

About This Home

As of June 2017

Recently renovated Royal Oak ranch close to downtown and just a stones throw from Vinsetta Blvd! Beautifully updated home with the perfect balance of original character and modern amenities. Discerning buyers will surely appreciate the updated kitchen with granite and stainless steel appliances, tastefully remodeled full bath with granite vanity and vintage tile, finished basement with 4th bedroom and entertainment area, hardwood floors, patio, private fenced in yard and 2 car garage! With over 2,000 sqft of finished living space, 913 Magnolia offers great value! Please call for an appointment, or join us at our open house on Saturday, 4/22 from 12-3.

Last Agent to Sell the Property

Tim Olson

National Realty Centers, Inc License #6501383584 Listed on: 04/21/2017

National Realty Centers, Inc

Last Buyer's Agent

Marianne Mast

KW Metro License #6501340868

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1937 | Remodeled in 2016

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 54.79x200
  • Fenced

Home Design

  • 1,174 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Finished Basement

Community Details

  • No Home Owners Association
  • Forest Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2509333020

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,375

Year Built

Built in 1937 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1937
  • Year Renovated: 2016
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1955
  • Sq Ft Lower Floor: 781
  • Total Sq Ft: 1174
  • Sq Ft Total Bsmt: 868

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Construction Features: Platted Sub.
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 54
  • Porch Type: Patio
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 2+ Assigned Spaces, Detached, Door Opener
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • List Price per Acre: 956000.0000
  • Lot Size Area: 0.25
  • Lot Dimensions: 54.79X200
  • Parcel Number: 2509333020

Tax Info

  • Tax Amount Summer: 2720.0000
  • Tax Amount Winter: 655.0000
  • Total Tax: 3375.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2017
Closed on
Jun 2, 2017
Sold by
Koch Kimberly
Bought by
Zaydel Verna
Seller's Agent
Tim Olson
National Realty Centers, Inc
Buyer's Agent
Marianne Mast
KW Metro
List Price
$239,000
Sold Price
$250,000
Premium/Discount to List
$11,000
4.6%
Total Days on Market
2
Current Estimated Value
$404,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,417
Avg. Annual Appreciation
6.20%
Original Mortgage
$150,000
Outstanding Balance
$126,286
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$278,131

Purchase Details

Closed on
Nov 24, 2009
Sold by
Zimmermann Geoffrey and Zimmermann Florence
Bought by
Koch Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,228
Interest Rate
5.11%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 2003
Sold by
Stinson Anna M and Marshall Anna K
Bought by
Zimmermann Geoffrey and Zimmermann Florence

Purchase Details

Closed on
Apr 17, 1998
Sold by
Weiss Gerald L
Bought by
Marshall Anna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,350
Interest Rate
7.2%

Purchase Details

Closed on
Mar 31, 1995
Sold by
Cochran Bradley M
Bought by
Weiss Gerald L and Weiss Elma E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.5%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Zaydel Verna $250,000 Fidelity National Title
Koch Kimberly -- Interstate Title Inc
Zimmermann Geoffrey $193,200 --
Marshall Anna K $136,172 --
Weiss Gerald L $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zaydel Verna $150,000
Previous Owner Koch Kimberly $16,200
Previous Owner Koch Kimbery A $155,000
Previous Owner Koch Kimberly $147,413
Previous Owner Koch Kimberly $150,401
Previous Owner Koch Kimberly $150,228
Previous Owner Zimmermann Geoffrey $30,000
Previous Owner Marshall Anna K $129,350
Previous Owner Weiss Gerald L $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2017 06/02/17 Sold $250,000 +4.6% $213 / Sq Ft
04/23/2017 04/23/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $239,000 -- $204 / 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 $3,885 $175,990 $0 $0
2022 $4,591 $156,090 $0 $0
2020 $3,775 $143,540 $0 $0
2018 $4,591 $103,020 $0 $0
2017 $3,731 $103,020 $0 $0
2015 -- $84,110 $0 $0
2014 -- $78,340 $0 $0
2011 -- $77,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217030063

Realcomp

APN: 25-09-333-020