Sold for $421,000

$421,000

1607 W Farnum Ave, Royal Oak, MI 48067

4beds

2,016sqft

Duplex

Built in 1952

-- sqft lot

$448,000 Zestimate^®

$209/sqft

$1,779 Estimated rent

Home value

$448,000

$412,000 - $484,000

$1,779/mo

Zestimate^® history

Owner options

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$1,779/mo

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$1,779/mo

Rent Zestimate^®

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$2,767/mo

Est. payment

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$2,767/mo

Est. payment

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What's special

Side by side duplex with each unit featuring 2 bedrooms, 1 bath, living room dining room, kitchen and separate basements. Separate utilities. Excellent rental history. Vinyl windows, newer furnaces and central air units. Newer entry doors, Circuit breakers for each unit. Only 1609 W. Farnum is available for showings. 1607 is rented and can be viewed upon accepted offer.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Natural Gas, Separate Meters

Cooling

Central Air, Separate Meters

Appliances

Laundry: Gas Dryer Hookup, In Unit, Washer Hookup

Features

Basement: Full,Private,Unfinished
Has fireplace: No

Interior area

Total interior livable area: 2,016 sqft
Finished area above ground: 2,016

Property

Parking

Total spaces: 4
Parking features: Assigned, Parking Pad, Paved

Features

Levels: Two
Stories: 2
Patio & porch: Porch
Exterior features: Lighting, Private Entrance
Pool features: None

Lot

Size: 6,534 Square Feet
Dimensions: 50.6 x 130

Details

Parcel number: 2516301029
Zoning description: Residential
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Duplex,Other
Property subtype: Duplex

Materials

Brick
Foundation: Basement, Block
Roof: Asphalt

Condition

New construction: No
Year built: 1952

Utilities & green energy

Electric: Service 100 Amp, Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Above Ground Utilities, Cable Available

Community & HOA

Community

Subdivision: MAPLE GROVE SUB

Location

Region: Royal Oak

Financial & listing details

Price per square foot: $209/sqft
Tax assessed value: $104,960
Annual tax amount: $5,812
Date on market: 3/7/2024
Cumulative days on market: 2 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Price history

Date	Event	Price
4/5/2024	Sold	$421,000+5.3%$209/sqft
Source: Realcomp II #20240010922 Report a problem
3/14/2024	Pending sale	$399,900$198/sqft
Source: Realcomp II #20240010922 Report a problem
3/7/2024	Listed for sale	$399,900+233.3%$198/sqft
Source: Realcomp II #20240010922 Report a problem
2/15/2012	Sold	$120,000$60/sqft
Source: Public Record Report a problem
12/8/2011	Listed for sale	$120,000$60/sqft
Source: CENTURY 21 TOWN & COUNTRY-ROYAL OAK #211125203 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	--	$177,230 +4.8%
2023	--	$169,120 +5.9%
2022	--	$159,670 +6.7%
2021	--	$149,640 +6.4%
2020	--	$140,620 +3%
2019	--	$136,520 +6.9%
2018	--	$127,660
2017	--	$127,660 +10.8%
2015	--	$115,250 +16.7%
2014	--	$98,740 +1.3%
2011	--	$97,500 -4.4%
2010	$4,218 -0.2%	$101,960 -11.5%
2009	$4,229	$115,220