Sold for $325,000

$325,000

3103 N Wilson Ave, Royal Oak, MI 48073

3beds

1,005sqft

Single Family Residence

Built in 1949

6,098 Square Feet Lot

$347,200 Zestimate^®

$323/sqft

$2,221 Estimated rent

Home value

$347,200

$330,000 - $368,000

$2,221/mo

Zestimate^® history

Owner options

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$2,221/mo

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$2,221/mo

Rent Zestimate^®

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$2,113/mo

Est. payment

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$2,113/mo

Est. payment

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What's special

Hardwood floorsNew roofQuartz countersNew furnaceNew cabinetsNew ss appliances

Located in the desirable Red Run subdivision this home was fully rehabbed in 2023. Improvements include new roof, basement waterproofing, new furnace, and a/c. Inside the kitchen was completely updated with new cabinets, quartz counters and new SS appliances. The hardwood floors have been upgraded and re-finished. The carpet is new. There is simply nothing left to do this beautiful property. It is currently being used as an AIRBNB. $3100/m avg rent. THIS PROPERTY IS BEING SOLD FULLY FURNISHED – EVERYTHING IN IT STAYS WITH THE PROPERTY. STR history available to qualified buyers. Taxes on this property are currently non-homestead – homeowners will get a substantial reduction on their taxes when converted to a homestead property. This is a turnkey registered rental property registered with the City of Royal Oak.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Free Standing Gas Oven, Free Standing Refrigerator, Washer

Features

Basement: Full,Unfinished
Has fireplace: No

Interior area

Total interior livable area: 1,005 sqft
Finished area above ground: 1,005

Property

Parking

Total spaces: 2
Parking features: Two Car Garage, Detached
Garage spaces: 2

Features

Levels: One and One Half
Stories: 1.5
Entry location: GroundLevelwSteps
Patio & porch: Patio
Pool features: None

Lot

Size: 6,098 Square Feet
Dimensions: 40.00 x 155.00

Details

Parcel number: 2510227026
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Materials

Aluminum Siding
Foundation: Basement, Poured

Condition

New construction: No
Year built: 1949
Major remodel year: 2023

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: RED RUN HEIGHTS SUB

HOA

Has HOA: No

Location

Region: Royal Oak

Financial & listing details

Price per square foot: $323/sqft
Tax assessed value: $128,060
Annual tax amount: $6,697
Date on market: 1/11/2024
Cumulative days on market: 41 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,Va Loan

Price history

Date	Event	Price
3/18/2024	Sold	$325,000$323/sqft
Source: Realcomp II #20240001498 Report a problem
2/21/2024	Pending sale	$325,000$323/sqft
Source: Realcomp II #20240001498 Report a problem
2/15/2024	Price change	$325,000-1.5%$323/sqft
Source: Realcomp II #20240001498 Report a problem
2/2/2024	Price change	$330,000-2.9%$328/sqft
Source: Realcomp II #20240001498 Report a problem
1/11/2024	Listed for sale	$340,000+61.9%$338/sqft
Source: Realcomp II #20240001498 Report a problem
5/26/2022	Sold	$210,000+0.5%$209/sqft
Source: Realcomp II #2220033865 Report a problem
5/16/2022	Pending sale	$209,000$208/sqft
Source: Realcomp II #2220033865 Report a problem
5/6/2022	Listed for sale	$209,000+31.6%$208/sqft
Source: Realcomp II #2220033865 Report a problem
7/7/2004	Sold	$158,800$158/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	--	$136,110 +6.3%
2023	--	$128,060 +8.7%
2022	--	$117,840 +7%
2021	--	$110,100 +5.5%
2020	--	$104,330 +9.7%
2019	--	$95,090 +5.4%
2018	--	$90,200
2017	--	$90,200 +10.4%
2015	--	$81,700 +8.6%
2014	--	$75,220 +13.4%
2011	--	$66,310 -1.3%
2010	$2,425 -16.5%	$67,200 -17.4%
2009	$2,904 +7.6%	$81,380 -54.1%
2005	$2,697	$177,240 +109%
2003	--	$84,790 +12.7%
2002	--	$75,220 +53.2%
2001	$1,739 +2.4%	$49,090 +3.2%
2000	$1,698	$47,570