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$334,500

Beds
3
Baths
2.0
sq ft
1,190

423 S Edison Ave, Royal Oak, MI 48067

423 S Edison Ave

Royal Oak, MI 48067

  • Coming soon
    • Open house Mar 22
**OPEN HOUSE 3/22 FROM 1-3PM.** Charming 3-Bedroom, 2-Bath Brick Bungalow in Prime Royal Oak Location! Step inside and be welcomed by a spacious living room featuring beautiful mahogany hardwood floors and original coved ceilings, adding timeless character to this inviting space. The open layout flows into a bright eat-in area that's filled with natural light, perfect for casual dining. The kitchen is equipped with a new dishwasher and faucet (2024), making it move-in ready. This home offers three ample bedrooms, including an upstairs retreat with a walk-in closet. The finished basement provides extra living space with a full bathroom-ideal for entertaining or relaxing. A large storage room with built-in shelving adds to the home's functionality. Enjoy outdoor living on the backyard deck, perfect for summer gatherings, and unwind in the spacious, private backyard. Additional updates include a new roof and water heater (2018) and new LVP flooring and fresh paint (2020). Situated just two blocks from local parks and within walking distance to downtown Royal Oak, this home offers the perfect blend of charm, comfort, and convenience. Don't miss out on this gem!

Details

Property type

Single Family Residence

Est. home value

$325,989

Lot size

4,792 sq ft

Price per sq ft

$282

Year built

1940

Annual property taxes

$6,996

Price History

04/26/2017
Realcomp

Realcomp #217022661

Sold
$213,500
+16.35%
05/07/2015
Realcomp

Realcomp #215022884

Sold
$183,500

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

$129,256
Asking price
$334,500
Closing costs (~8% of asking)
-$26,760
Est. remaining loan balance
-$178,484
Cash to seller
$129,256

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

June 2021

Original loan amount

$194,400

Est. remaining balance

$178,484

Interest rate

2.98%

Loan type

Not Provided, 30 year

Seller

Shea Dwyer and Julie Dwyer

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: Coming Soon

Tomo last checked: 03/21/2025 at 1:25 AM

Listing updated: 03/20/2025 at 10:39 AM

Listed by: Katherine Grant, Realteam Real Estate Phone #: (586) 580-8092

MLS: Realcomp #58050169084

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