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Off market
  • $423,500

    1401 Catalpa Dr, Royal Oak, MI 48067

    2beds
    1baths
    1,200sqft
    Apartment
    Built in 1951
    -- sqft lot
    $423,500 Zestimate®
    $353/sqft
    $1,424 Estimated rent

    Home value

    $423,500

    $385,000 - $466,000

    $1,424/mo

    Zestimate® history
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    Owner options

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    $1,424/mo

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    $1,424/mo

    Rent Zestimate®

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    $2,780/mo

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    $2,780/mo

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    What's special

    Laundry roomBerber carpetLots of windows

    **For More Information On This Home, Or Others Like It - Call/Text Nancy @ 248.224.1013**Fabulous opportunity to live in one unit while renting out the other. Or rent both units out! Close to Woodward and walking distance to down town Royal Oak, this building has been exceedingly well cared for and is on the market for the first time in 35 years. This sweet property has been a great money maker for all this time and now it's time to pass the torch. 2 kitchens - 2 meters - 1 furnace (4-5 years old) - 1 central air unit - 1 ceiling fan - 1 washer/dryer. Each unit has its own additional storage unit in the basement. One car garage and 4 car parking pad. Please note: the Florida room is not counted in the total square footage. The seller also has for you a finished basement, for the use of both apartments and the rental of the garage at 350 per quarter. The seller is motivated to sell and will look at all offers. Tenants pay all utilities. Could be turned back into a single family residence or use the upper floor as a mother-in-law suite. The seller is motivated to sell and will look at all offers.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Other
    Features
    • Flooring: Carpet, Hardwood
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,200 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Detached, Off-street, On-street
    Features
    • Exterior features: Brick
    Lot
    • Size: 4,356 Square Feet
    Details
    • Parcel number: 2516304005

    Construction

    Type & style
    • Home type: Apartment
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1951

    Community & HOA

    Community
    • Features: On Site Laundry Available
    Location
    • Region: Royal Oak

    Financial & listing details

    • Price per square foot: $353/sqft
    • Tax assessed value: $338,000

    Price history

    DateEventPrice
    11/26/2022Listed for rent$1,250$1/sqft
    Source: Zillow Rental Manager Report a problem
    9/28/2021Sold$350,000+6.1%$292/sqft
    Source: Public Record Report a problem
    10/25/2020Listing removed$330,000$275/sqft
    Source: Century 21 Curran & Oberski #2200061606 Report a problem
    10/14/2020Price change$330,000-12%$275/sqft
    Source: Century 21 Curran & Oberski #2200061606 Report a problem
    10/9/2020Price change$375,000-8.5%$313/sqft
    Source: Century 21 Curran & Oberski #2200061606 Report a problem
    9/1/2020Price change$410,000-3.5%$342/sqft
    Source: Century 21 Curran & Oberski #2200061606 Report a problem
    8/7/2020Listed for sale$425,000$354/sqft
    Source: Century 21 Curran & Oberski #2200061606 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $169,000 +8.7%
    2024-- $155,440 +5%
    2023-- $148,040 +5.6%
    2022-- $140,210 +13.5%
    2021-- $123,480 +4.5%
    2020-- $118,130 +3.1%
    2019-- $114,600 +4%
    2018-- $110,200
    2017-- $110,200 +12.3%
    2015-- $98,120 +17.6%
    2014-- $83,440 -5.1%
    2011-- $87,970 -8.6%
    2010$4,319 -0.3%$96,270 -8.5%
    2009$4,330 +30.5%$105,250 -46.1%
    2005$3,319 $195,220 +64.6%
    2003-- $118,590 +20.8%
    2002-- $98,190 +45.5%
    2001$3,266 +2.7%$67,470 +3.2%
    2000$3,180 $65,380
    Find assessor info on the county website

    Neighborhood: 48067

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Royal Oak

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $423,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $423,500