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$365,000

Beds
3
Baths
2.5
sq ft
1,483

1018 Montrose Ave, Royal Oak, MI 48073

1018 Montrose Ave

Royal Oak, MI 48073

  • 11 days on market
This beautifully updated custom tri-level home is ideally located within walking distance of two parks and just minutes from downtown Royal Oak. Recently renovated over the past few years, the home boasts modern updates throughout, including refinished hardwood floors, updated kitchen and bath fixtures, and new cabinetry. The spacious living room features a cozy fireplace and opens to a large deck through a sliding glass door, perfect for indoor-outdoor living. The kitchen is a chef’s dream with granite countertops, a decorative backsplash, and stainless steel appliances—all of which stay with the home. The second-floor full bath offers a beautifully tiled surround shower, dual sinks, and ceramic flooring. The entry level includes a mud room/laundry area with ceramic tile flooring, conveniently located off the side entry. On the lower level, you’ll find a generous family room, a half bath, a pantry storage area, and access to a deep crawl space. Upstairs, three bedrooms, each with ceiling fans, hardwood floors, and plenty of natural light, share a second full bath. The home sits on a spacious lot with a fully fenced backyard, perennial flower beds, and a deck, providing a great space for outdoor enjoyment. SELLER OFFERING A $1500 CREDIT AT CLOSING FOR HYDROSEED OR SOD FOR THE BACKYARD.

Details

Property type

Single Family Residence

Est. home value

$332,494

Lot size

6,970 sq ft

Price per sq ft

$247

Year built

1964

Annual property taxes

$4,476

Price History

02/20/2025
Realcomp

Realcomp #20250011330

Listed
$365,000
+110.98%
05/23/2016
Realcomp

Realcomp #216028614

Sold
$173,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Royal Oak

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$216,804
Asking price
$365,000
Closing costs (~8% of asking)
-$29,200
Est. remaining loan balance
-$118,996
Cash to seller
$216,804

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Hancock Mortgage Partners Llc

Loan start date

May 2016

Original loan amount

$147,050

Est. remaining balance

$118,996

Interest rate

3.59%

Loan type

New Conventional, 30 year

Seller

Nicholas Tyler Whitcomb

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/03/2025 at 7:25 PM

Listing updated: 03/02/2025 at 5:34 PM

Listed by: Stephen V White, Stephen V White, Remerica United RealtyRemerica United Realty Phone #: (248) 344-1800

MLS: Realcomp #20250011330

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