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$490,000

Beds
2
Baths
2.5
sq ft
1,768

111 N Main St Unit 309, Royal Oak, MI 48067

111 N Main St Unit 309

Royal Oak, MI 48067

  • 151 days on market
    • Price drop $10,000↓
Beautifully appointed 2 story loft boasting 22 foot ceilings, motorized high end window blinds, private balcony and master suites on both floors. Both suites have large WIC and spacious bedroom space. Entry has laundry room, in unit storage closet, chefs kitchen with Berloni Italian cabinets, stainless steel appliances, kitchen island, and open to eating area and large great room. Gas fireplace is ready for those nights as you enjoy your big-screen TV. Unit has 2 private and assigned parking spots just steps from the front door. A terrific unit to enjoy all that Royal Oak has to offer. This building is located in the center of it all at the corner of 11 Mile and Main Street. Just steps to movies, coffee shops, Amtrack station, library and the farmers market. 24 HR NOTICE TO SHOW

Details

Property type

Condominium

Est. home value

$507,133

Lot size

Unknown

Price per sq ft

$278

Year built

2005

Annual property taxes

$12,652

Monthly HOA fee

$350

Price History

06/18/2024
Realcomp

Realcomp #20240006815

Price change
$490,000
-2%
04/26/2024
Realcomp

Realcomp #20240006815

Price change
$500,000
-4.76%
02/04/2024
Realcomp

Realcomp #20240006815

Listed
$525,000
+36.36%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Royal Oak

Seller’s Loan History

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

Lender

The Huntington National Bank

Loan start date

August 2018

Original loan amount

$227,900

Est. remaining balance

Not provided

Interest rate

4.57%

Loan type

Building or Construction Loan, 30 year

Seller

Oscar Franco Parodi

Lender

The Huntington National Bank

Loan start date

October 2016

Original loan amount

$312,000

Est. remaining balance

Not provided

Interest rate

3.15%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Oscar Parodi and Oscar Franco Parodi

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?

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Status: Active

Tomo last checked: 07/04/2024 at 11:10 PM

Listing updated: 06/18/2024 at 10:43 AM

Listed by: Brian Butterfield, KW Metro Phone #: (248) 288-3500

MLS: Realcomp #20240006815

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