See Home Value
$333,882*
House - Off Market

501 S MINERVA Avenue

Royal Oak, MI 48067
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1066 Sqft
$207,000 - $251,000
Reference Base Price*
45.80%
Since Mar 1, 2019
MI-Detroit
Primary Model
Sold Sep 29, 2021
$287,000
Seller
Sold Mar 15, 2019
$250,000
Buyer
Seller
$212,500 by Union Home Mortgage Corp
Mortgage Due Mar 01, 2049

About This Property

HIGHEST AND BEST BY WEDNESDAY (1/30/19) BY 8PM! --- Decisions will be made Thursday afternoon  --- Welcome Home! This meticulously maintained home will not last long. Professional landscaping greets you as you make your way to the front porch. This 3 bed, 1 bath home features hardwood floors, updated kitchen with granite & custom cabinetry, new carpet, fresh paint, amazing wainscoating leading up to luxurious master bedroom with walk-in closet. Bungalow offers two outdoor entertaining areas-an oversized front porch & a fenced in backyard featuring a patio and plenty of grass. This turn key "smart home" includes wifi thermostat & keypad locks. Home is conveniently located to expressways for easy access to all surrounding areas.

The manager has listed the unit size as 1066 square feet.
Unit Size
1,066Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$215
Property Type
House
Property Taxes
$2,953
HOA Dues
-
Year Built
1950

Price History

Date / Event Date Event Price
Sep 29, 2021 Sold to Sarah Teutsch $287,000
Sold to Sarah Teutsch
Feb 3, 2019 No longer available -
No longer available
Jan 27, 2019 Listed $229,000
Listed

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 843
  • Garage Type: Garage
  • Garage Square Area: 361
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,879
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,066
  • Building Area: 1,066
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,066
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STEPHENSON SUPER HIGHWAY SUBDIVISION #3
  • Land Acres: 0.112
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T1N, R11E, SEC 23 STEPHENSON SUPER-HWY SUB NO 3 LOT 1576

Ownership

  • Current Owner : TEUTSCH SARAH
  • Previous Owner : AMY ARSEN
  • Owner Before Previous Owner: BEMIS DAVID
  • 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: 72-25-23-176-010
  • Lot: 1576
  • Meridian: SEC 23 TWN 1N RNG 11E
  • Municipality: ROYAL OAK CITY
  • Latitude: 42.4867
  • Longitude: -83.1185

    Address

  • Full Address: 501 S Minerva Ave
  • Address - House Number: 501
  • Street Direction: S
  • Address - Street Name: Minerva
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Royal Oak
  • Carrier Code: C034
  • 4-Digit Zip Code: 3986
  • Zip Code: 48067

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,618

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 74
  • Final Value: 300,285
  • High Value: 357,719
  • Low Value: 242,852

    Market Valuation

  • Market Total Value: $170,740

    Assessments Valuation

  • Assessed Year: 2018
  • Assessed Total Value: $85,370

    Sales

  • Current Sale Contract Date: Sep 24, 2021
  • Current Sale Recording Date: Sep 29, 2021
  • Current Sale Transaction ID: 11859035624
  • Current Sale Price: $287,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 233062
  • Previous Sale Recording Date: Mar 15, 2019
  • Previous Sale Contract Date: Feb 28, 2019
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CEN-TEX CERTIFIED DEV CORP
  • First Mortgage Transaction Date: Sep 29, 2021
  • First Mortgage Loan Amount: $272,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: UNION HOME MORTGAGE CORP
  • Previous Mortgage Transaction Date: Mar 15, 2019
  • Previous Mortgage Loan Amount: $212,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Royal Oak


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at

$1,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,144 ft²
Listing by Hulya Huriye Erol Garvett
Unit for rent at

$1,550 /mo

  • Studio
  • 2,598 ft²
Listing by Robert Rappold
Unit for rent at

$1,600 /mo

  • 2 Beds
  • 1 Bath
  • 805 ft²
Listing by Jennifer Rogers


Frequently Asked Questions

When was property at 501 South Minerva Avenue built and last sold?
The property at 501 South Minerva Avenue was built in 1950 and last sold on Sep 24, 2021 for $287,000.
How much is this home worth?
The estimated value of the home located at 501 South Minerva Avenue is $234,860.
What are some comparable homes to 501 South Minerva Avenue?
There are currently no comparable homes to 501 South Minerva Avenue.

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