$135,000
SOLD DEC 23, 2016

932 E 11 Mile Rd Royal Oak, MI 48067

2 Beds
2 Baths
1,275 Sq Ft
1922 Built

Recently Sold

$106 Per Sq Ft

10% Below List Price

14 Days on Market

Highlights

  • 1-Story Property
  • Ceiling Fan
  • Laundry Facilities
  • Forced Air Heating System

About This Home

As of June 2019

Great Investment, Close To Downtown Of Royal Oak. Two Units Each offers 1 Bedroom, 1 Full Bath, Living Room and Kitchen. Full Common Basement With Laundry and Storage. Parking Space. The Monthly Rent Is Lower Then What The Market Is Getting. The Back Unit Is Month To Month & The Front Unit Expires August 1 2017. Arrangements With Listing Agent To Show.

Last Agent to Sell the Property

Deborah Hurley

Real Estate One-Troy License #6501199508 Listed on: 11/30/2016

Real Estate One-Troy

Last Buyer's Agent

Suzana Myftari

Berkshire Hathaway HomeServices Kee Realty Bham License #6501305088

Berkshire Hathaway HomeServices Kee Realty Bham

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922 | Remodeled in 2005

Lot Details

  • Lot Dimensions are 37 x 120

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,275 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 2522201008

Property Details

Home Type

Multi-Family

Year Built

Built in 1922 | Remodeled in 2005

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 Story
  • Year Built: 1922
  • Year Renovated: 2005
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 1275
  • Total Sq Ft: 1275

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Royal Oak

Lot Info

  • Lot Dimensions: 37 x 120
  • Parcel Number: 2522201008
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Snow Removal, Water/Sewer, Yard Maintenance
  • Monthly Rental Income: 1200

Tax Info

  • Tax Amount Summer: 3888.7800
  • Tax Amount Winter: 651.2400
  • Total Tax: 4540.0200

Multi Family

  • Gross Scheduled Income: 14400.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2016
Closed on
Dec 22, 2016
Sold by
Butt Shazad Mahmood and Butt Reema
Bought by
Meka Arben and Meka Emira
Seller's Agent
Deborah Hurley
Real Estate One-Troy
Buyer's Agent
Suzana Myftari
Berkshire Hathaway HomeServices Kee Realty Bham
List Price
$150,000
Sold Price
$135,000
Premium/Discount to List
-$15,000
-10%
Current Estimated Value
$425,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,481
Avg. Annual Appreciation
12.95%

Purchase Details

Closed on
Jan 17, 2003
Sold by
Spurr Michael C
Bought by
Butt Shazad Mahmood

Purchase Details

Closed on
May 1, 1998
Sold by
Yarbrough Linda A
Bought by
Saffar Amad R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,300
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 1998
Sold by
Gesse Igor
Bought by
Saffar Amad R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,300
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $135,000 None Available
Warranty Deed $148,000 Philip R Seaver Title Co Inc
Deed -- --
Deed $87,550 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $82,300 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2019 06/14/19 Sold $425,000 -5.6% $304 / Sq Ft
02/14/2019 02/14/19 Pending -- -- --
02/14/2019 02/14/19 For Sale $450,000 +233.3% $321 / Sq Ft
12/23/2016 12/23/16 Sold $135,000 -10.0% $106 / Sq Ft
12/14/2016 12/14/16 Pending -- -- --
11/30/2016 11/30/16 For Sale $150,000 -- $118 / 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 $5,359 $141,800 $0 $0
2022 $5,844 $127,900 $0 $0
2020 $5,169 $113,710 $0 $0
2018 $5,844 $101,750 $0 $0
2017 $5,757 $101,750 $0 $0
2015 -- $90,090 $0 $0
2014 -- $80,650 $0 $0
2011 -- $73,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216113438

Realcomp

APN: 25-22-201-008