NOT LISTED FOR SALE

939 E 3rd St Royal Oak, MI 48067

Estimated Value: $480,000 - $535,000

3 Beds
3 Baths
2,152 Sq Ft
$234/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $390,000 $181 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,514/month

60 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Forced Air Heating and Cooling System
  • Keller Elementary Rated A-
  • Porch
  • 4-minute walk to Marks Park

About This Home

As of August 2021

Welcome to this is beautiful and spacious fully furnished 950sqft 2 bedrooms / 1 bathrooms modern renovated apartment in the heart of downtown Royal Oak! With bright hardwood floor throughout the living room, open kitchen concept and renovated bathroom, this apartment has it all!
High-speed internet included in price. Private meter for electricity and gas.
Plenty of parking spots with a long driveway with a detached garage.
Washer and Dryer in unit with tons of storage in the basement.
Great location! Walking distance to downtown Royal Oak and all the bars/restaurants!
All furniture included if tenant's desire.

* Water, trash and high speed internet are included Tenant to pay for utilities.
* Pet-friendly property with a $50 additional monthly cost and $500 security deposit.
* Income verification, background and credit check and security deposit are required.

Serious tenants to contact me only as there will be a non-refundable $30 application fee... Thank you!

Last Agent to Sell the Property

Leanne Smits

Real Estate One-Royal Oak License #6501271221 Listed on: 05/01/2021

Real Estate One-Royal Oak

Last Buyer's Agent

Kamahl Shehadeh

Powell Real Estate License #6501432700

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 44.00x126.00

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3 Full Bathrooms
  • 2,152 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • 3 Units
  • Fourth Avenue Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522203022
  • $6,000 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,552

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Cape Cod
  • Architecture Level: 2 Story
  • Year Built: 1926
  • State Equalized Value: 132650.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Common
  • Total Sq Ft: 2152

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Utilities

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

Lot Info

  • Lot Size Area: 0.13
  • Lot Dimensions: 44.00X126.00
  • Parcel Number: 2522203022
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer, Water
  • Legal Rental Certified: Yes

Tax Info

  • Tax Amount Summer: 3829.0000
  • Tax Amount Winter: 723.0000
  • Total Tax: 4552.0000
  • Taxable Value: 79920.0000

Multi Family

  • Number Of Units Total: 3
  • Number of Efficiency Units: 1

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2022
Sold by
Kamahl Shehadeh
Bought by
Alsika 939 East 3Rd Street Trust
Current Estimated Value
$503,150

Purchase Details

Listed on
May 1, 2021
Closed on
Aug 24, 2021
Sold by
Fernandez Joseph and Fernandez Jodi
Bought by
Shehadeh Kamahl
Seller's Agent
Leanne Smits
Real Estate One-Royal Oak
Buyer's Agent
Kamahl Shehadeh
Powell Real Estate
List Price
$385,000
Sold Price
$390,000
Premium/Discount to List
$5,000
1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$323,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2005
Sold by
Gassel Tatyana
Bought by
Fernandez Joseph and Fernandez Jodi

Purchase Details

Closed on
May 8, 2002
Sold by
Benyas Dean
Bought by
Gassel Tatyana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
6.95%

Purchase Details

Closed on
Oct 5, 2001
Sold by
Loush Kevin F
Bought by
Benyas Dean
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Alsika 939 East 3Rd Street Trust -- None Listed On Document
Shehadeh Kamahl $390,000 First American Title
Shehadeh Kamahl $390,000 First American Title
Fernandez Joseph $247,000 None Available
Gassel Tatyana $239,000 --
Benyas Dean $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shehadeh Kamahl $323,000
Previous Owner Gassel Tatyana $191,200
Closed Benyas Dean --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2024 10/08/24 Off Market $1,649 -- --
09/30/2024 09/30/24 For Rent $1,649 0.0% --
08/27/2021 08/27/21 Sold $390,000 +1.3% $181 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/26/2021 06/26/21 For Sale $385,000 0.0% $179 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
05/01/2021 05/01/21 For Sale $385,000 -- $179 / 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
2025 $10,536 $207,450 $0 $0
2024 $8,791 $192,980 $0 $0
2022 $8,082 $176,320 $0 $0
2020 $8,479 $132,650 $0 $0
2018 $8,082 $112,870 $0 $0
2017 $4,312 $112,870 $0 $0
2015 -- $97,160 $0 $0
2014 -- $85,090 $0 $0
2011 -- $90,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210030898

Realcomp

APN: 25-22-203-022