NOT LISTED FOR SALE

224 N Washington Ave Royal Oak, MI 48067

Estimated Value: $838,399

3 Beds
2 Baths
2,325 Sq Ft
$361/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $405,000 $174 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $5,044/month

6 Days on Market

Highlights

  • Contemporary Architecture
  • Ground Level Unit
  • 4 Car Attached Garage
  • Northwood Elementary School Rated A-
  • No HOA
  • Ranch Style House

About This Home

As of April 2022

AMAZING IN-TOWN LOCATION! This former dance studio underwent the approval process to give the option to convert it into one of the coolest modern residences in downtown Royal Oak. This solid block constructed building can become an awesome 3 bedroom, 2 bath home with tall ceilings, lots of natural light and an open layout. The lot is extra wide and can feature a picturesque side yard. The property was approved for a rare 4 CAR GARAGE if desired, with additional outside parking in the rear. Bring your builder and turn this into your modern dream home. The building is currently zoned commercial so it could also remain as an office or provide for another use. Please see the proposed floorplan, renderings and the Zoning Board approval for conversion. Agent owned, call for more information. NOTES: 4 car garage approved, but to be built.

Last Listed By

Christian Grothe

Max Broock, REALTORS®-Birmingham License #6501329715 Listed on: 04/06/2022

Max Broock, REALTORS®-Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1952

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60.00x110.00

Parking

  • 4 Car Attached Garage

Home Design

  • 2,325 Sq Ft Home
  • Contemporary Architecture
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Rubber Roof
  • Masonry

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Willson Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2516484030

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,351

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary, Ranch
  • Architecture Level: 1 Story
  • Year Built: 1952
  • State Equalized Value: 129260.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: High Spd Internet Avail, Cable Available
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 2325
  • Total Sq Ft: 2325

Exterior Features

  • Roof Material: Rubber
  • Foundation Details: Slab
  • Construction Materials: Block/Concrete/Masonry, Brick
  • Foundation Materials: Block
  • Frontage Feet: 60
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 4 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • 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

  • Lot Size Area: 0.15
  • Lot Dimensions: 60.00X110.00
  • Parcel Number: 2516484030

Tax Info

  • Tax Amount Summer: 7324.0000
  • Tax Amount Winter: 1027.0000
  • Total Tax: 8351.0000
  • Taxable Value: 129260.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2024
Sold by
Mergel Madison and Jardine Kathleen
Bought by
Kantor Benjamin Marc
Total Days on Market
6
Current Estimated Value
$838,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Outstanding Balance
$686,577
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$175,747

Purchase Details

Listed on
Apr 6, 2022
Closed on
Apr 29, 2022
Sold by
Roak Rentals Llc
Bought by
Mergel Madison and Jardine Kathleen
Seller's Agent
Christian Grothe
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Kathleen Jardine
@properties Christie's Int'l R.E. Birmingham
List Price
$379,900
Sold Price
$405,000
Premium/Discount to List
$25,100
6.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.65%

Purchase Details

Closed on
May 26, 2020
Sold by
Wieczorek Margaret J and Margaret J Wieczorek Revocable
Bought by
Roak Rentals Llc

Purchase Details

Closed on
Mar 24, 2003
Sold by
Wieczorek Margaret J
Bought by
Margaret J Wieczorek Revocable Trust

Purchase Details

Closed on
Jan 11, 1996
Sold by
Vanek Virginia B
Bought by
Schaaf Frances B

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 Buyer Sale Price Title Company
Kantor Benjamin Marc $862,500 None Listed On Document
Mergel Madison -- None Listed On Document
Roak Rentals Llc $117,000 Vanguard Title Company
Margaret J Wieczorek Revocable Trust -- --
Schaaf Frances B $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kantor Benjamin Marc $690,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $405,000 +6.6% $174 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $379,900 -- $163 / 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 $4,485 $152,690 $0 $0
2022 $7,439 $133,210 $0 $0
2020 $6,837 $80,730 $0 $0
2018 $7,439 $82,980 $0 $0
2017 $3,269 $82,980 $0 $0
2015 -- $78,290 $0 $0
2014 -- $74,050 $0 $0
2011 -- $78,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Realcomp

MLS Number: 2220022296

Realcomp

APN: 25-16-484-030