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305 South Minerva Avenue

305 South Minerva Avenue, Royal Oak, MI 48067
Property in Royal Oak
Sold Jun 07, 2019
$449,999
Sold Jun 23, 2017
$100,000
305 South Minerva Avenue in Royal Oak, MI was first built in 1950 and is 74 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. There are a total of 1 floors. There are a total of 4 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 305 South Minerva Avenue has 1,014 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 804 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 5,009 square feet.

Learn more about the property and building on this page. There is a covered porch. The home has a gable style roof made of asphalt. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 359 sqft. There is one available parking space. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 305 South Minerva Avenue was last sold in May 24, 2019 for $449,999. According to our calculations, that's $443.79 per sqft. Prior to that sales transaction, the property was sold for $100,000 in Jun 22, 2017. Current property owners are expected to pay $8,986 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2016. The property on 305 South Minerva Avenue was last assessed in 2018. As a result of that assessment, the total value of the property was placed at $77,070. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 804
  • Garage Type: Garage
  • Garage Square Area: 359
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,009
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,014
  • Building Area: 1,014
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,014
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOME GARDENS
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T1N, R11E, SEC 23 HOME GARDENS SUB NO 1 N 35 FT OF LOT 564 & S 5 FT OF LOT 565

Ownership

  • Current Owner : RICHARDS ADAM J
  • Current Owner 2: MARTAUS DENISE N
  • Previous Owner : BRN DEVELOPMENT LLC
  • Owner Before Previous Owner: GERSTMAN ANNE
  • Owner Before Previous Owner 2: THE MARSHA JOY BALIFF 2016 TRU
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Royal Oak City School District
  • School Tax School District: 230
  • Census Tract: 184300

Zoning

  • Zoning: RI

Geography

  • District: 72
  • Parcel: 72-25-23-126-027
  • Lot: 564
  • Meridian: SEC 23 TWN 1N RNG 11E
  • Municipality: ROYAL OAK CITY
  • Latitude: 42.4884
  • Longitude: -83.1186

    Address

  • Full Address: 305 S Minerva Ave
  • Address - House Number: 305
  • Street Direction: S
  • Address - Street Name: Minerva
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Royal Oak
  • Carrier Code: C035
  • 4-Digit Zip Code: 3984
  • Zip Code: 48067

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,986
  • Intital Tax Deliquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.18
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 76
  • Final Value: 274,916
  • High Value: 324,417
  • Low Value: 225,416

    Market Valuation

  • Market Total Value: $154,140

    Assessments Valuation

  • Assessed Year: 2018
  • Assessed Total Value: $77,070

    Sales

  • Current Sale Contract Date: May 24, 2019
  • Current Sale Recording Date: Jun 07, 2019
  • Current Sale Transaction ID: 11616404334
  • Current Sale Price: $449,999
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 88733
  • Previous Sale Recording Date: Jun 23, 2017
  • Previous Sale Contract Date: Jun 22, 2017
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 07, 2019
  • First Mortgage Loan Amount: $359,999
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

About Royal Oak



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Frequently Asked Questions

What neighborhood is 305 South Minerva Avenue located in?
The 305 South Minerva Avenue is a located in the neighborhood of Royal Oak in Royal Oak, Royal Oak.
What is the average sales price for listings in 305 South Minerva Avenue?
The average sales price for units in 305 South Minerva Avenue is $0 currently.

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