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703 Cherry Ave

Royal Oak, MI 48073

3 bd 2 ba 998 sqft Built 1942 Lot 10,019 sqft single_family
Most recent sale
$265,000
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 29, 2022 Sold $265,000 Public Record
Jun 24, 2022 Sold $265,000 Realcomp
May 20, 2022 Listed $239,900 MLS #2220038834
Sep 19, 2018 Listing removed $74,900 MiRealSource
Nov 24, 2009 Sold $74,900 Public Record
Nov 22, 2009 Listing removed $74,900 MiRealSource
Sep 30, 2009 Listing removed $74,900 Realcomp
Aug 19, 2009 Listed for rent $74,900 MiRealSource
Aug 11, 2009 Listed $74,900 MLS #29107016
Aug 10, 2009 Listed for rent $74,900 MiRealSource
Nov 25, 2002 Sold $175,000 Public Record
Jul 25, 2000 Sold $158,000 Public Record
Jun 18, 1999 Sold $152,500 Public Record
Feb 6, 1998 Sold $139,750 Public Record
Oct 19, 1994 Sold $107,000 Public Record
May 29, 1990 Sold $81,200 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $105,710 $2,355
2020 $103,690 $2,953
2019 $95,790 $2,916
2018 $90,150 $2,930
2017 $89,350 $2,837
2016 $79,470 $2,848
2015 $74,880 $2,617
2014 $73,110 $2,600
2013 $59,990 $2,386
2012 $58,890 $2,345
2011 $62,520 $2,257
2010 $63,320 $2,285
2009 $70,800 $2,526
2008 $88,030 $3,022

Property facts

Year built
1942
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
998 sqft
Lot size
10,019 sqft
ZIP code
48073
City
Royal Oak
Street
Cherry Ave
Coordinates
42.50485, -83.15218

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,497
Gross rental yield
6.78%
Implied cap rate
4.41%
Trend-extrapolated value

Frequently asked questions

When did 703 Cherry Ave last sell?
703 Cherry Ave most recently sold on Jun 29, 2022 for $265,000.
What is the current tax assessment for 703 Cherry Ave?
The most recent total assessment for 703 Cherry Ave (year 2021) is $105,710 with $2,355 in property tax.
How does 703 Cherry Ave's assessment compare to its last sale price?
The current assessment is 60.1% below the last sale price of $265,000.
When was 703 Cherry Ave built?
703 Cherry Ave was built in 1942.
How does 703 Cherry Ave compare to others on Cherry Ave?
We track 5 other properties on Cherry Ave. Browse the list under "Other properties on Cherry Ave" to compare beds, baths, and sale history.
What are the property facts for 703 Cherry Ave?
703 Cherry Ave is a 3 bed, 2 bath, 998 sqft, 10,019 sqft lot single_family.
Is 703 Cherry Ave a flip candidate?
No — 703 Cherry Ave does not appear in our flips dataset.
Is 703 Cherry Ave a tax-appeal candidate?
No — 703 Cherry Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.5%
Implied 1-yr
-1.9%
2026 Q3
$453.9K
2026 Q4
$453.9K
ZIP 48073 — Median Price History + Forecast

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