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$350,000

Beds
3
Baths
1.0
sq ft
1,415

1137 Royal Ave, Royal Oak, MI 48073

1137 Royal Ave

Royal Oak, MI 48073

  • 12 days on market
Move-in ready and freshly painted, this immaculately clean vintage home perfectly blends classic charm with modern amenities. The renovated kitchen features granite counters and stainless steel appliances, opening to a spacious, open-concept living and dining area, ideal for contemporary living. Gleaming wood floors run throughout, complemented by a remodeled bathroom with luxe finishes. The large upstairs master bedroom comfortably fits a king-sized bed. Situated on a giant fenced corner lot, it's perfect for dogs and outdoor activities. Additional conveniences include a 2-car attached garage with a covered breezeway, plus a new furnace and AC system.

Details

Property type

Single Family Residence

Est. home value

$337,611

Lot size

0.23 acres

Price per sq ft

$248

Year built

1947

Annual property taxes

$5,730

Price History

06/20/2024
Realcomp

Realcomp #20240043698

Listed
$350,000
+11.11%
06/17/2022
Realcomp

Realcomp #2220034893

Sold
$315,000
+28.57%
06/06/2017
Realcomp

Realcomp #217033517

Sold
$245,000

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

$46,930
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$275,070
Cash to seller
$46,930

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

Seller’s Loan History

Lender

Evolve Bank & Trust

Loan start date

June 2022

Original loan amount

$283,500

Est. remaining balance

$275,070

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Christopher Rollins and Destiny Rollins

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: 07/02/2024 at 7:40 PM

Listing updated: 06/27/2024 at 5:23 PM

Listed by: Stephen P McConkie, Keller Williams Home Phone #: (248) 626-2100

MLS: Realcomp #20240043698

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