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925 Laurel Avenue

925 Laurel Avenue, Rochester, MI 48309
Property in Great Oaks West
Sold Oct 17, 2023
$550,000
Sold May 18, 2017
$321,000
$256,800 by Fairway Independent Mortgage C
Mortgage Due Jun 01, 2047
Local assessors in Rochester, MI have categorized 925 Laurel Avenue as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 12,197 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 1,220 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 925 Laurel Avenue has a total of 3,205 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,389 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 525 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. The building has a gable style roof. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 925 Laurel Avenue sold most recently in Oct 6, 2023 for a total of $550,000. If you work out the math, that's approximately a cost of $171.61 per sqft. Before that, the property was also sold for $321,000 in May 12, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,637 in taxes each year. 925 Laurel Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $197,710. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Brick
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 1,389
  • Garage Type: Garage
  • Garage Square Area: 525
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,220
  • Total Building Area: 3,205
  • Building Area: 3,205
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,205
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREAT OAKS
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T3N,R11E, SEC 9 GREAT OAKS WEST SUB NO. 2 LOT 97

Ownership

  • Current Owner : JIPPING DANIEL
  • Current Owner 2: JIPPING KALEY
  • Previous Owner : PARRISH ANTHONY
  • Previous Owner 2: PARRISH ANTHONY
  • Owner Before Previous Owner: THE DAVID E RAETZ AND LINDA A RAETZ LIVI
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Rochester Community School District
  • School Tax School District: 63260
  • Census Tract: 192400

Zoning

  • Zoning: RI

Geography

  • District: 70
  • Parcel: 70-15-09-202-015
  • Lot: 97
  • Meridian: SEC 9 TWN 3N RNG 11E
  • Municipality: ROCHESTER HILLS CITY
  • Latitude: 42.6945
  • Longitude: -83.1602

    Address

  • Full Address: 925 Laurel Ave
  • Address - House Number: 925
  • Address - Street Name: Laurel
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Rochester Hills
  • Carrier Code: C034
  • 4-Digit Zip Code: 1701
  • Zip Code: 48309

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,637

    Appraisal Valuation

  • Standard Deviation: 0.1629
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 79
  • Final Value: 542,260
  • High Value: 630,605
  • Low Value: 453,915

    Market Valuation

  • Market Total Value: $395,420

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $197,710

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 06, 2023
  • Current Sale Recording Date: Oct 17, 2023
  • Current Sale Transaction ID: 11914768711
  • Current Sale Price: $550,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 113840
  • Previous Sale Recording Date: May 18, 2017
  • Previous Sale Contract Date: May 12, 2017
  • Previous Sale Amount: $321,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: May 18, 2017
  • Previous Mortgage Loan Amount: $256,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2047

About Rochester



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Frequently Asked Questions

What neighborhood is 925 Laurel Avenue located in?
The 925 Laurel Avenue is a located in the neighborhood of Great Oaks West in Rochester, Rochester.
What is the average sales price for listings in 925 Laurel Avenue?
The average sales price for units in 925 Laurel Avenue is $0 currently.

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