tomo logo

$184,900

Beds
2
Baths
1.0
sq ft
814

500 W Houstonia Ave, Royal Oak, MI 48073

500 W Houstonia Ave

Royal Oak, MI 48073

  • 47 days on market
    • Price drop $5,099↓
Welcome to this wonderful brick condo located in the prime Vinsetta area neighborhood of Royal Oak. This highly desirable townhouse styled end unit condo features hardwood flooring throughout most of the home, wet plaster walls, coved ceilings in living/dining rooms, newer furnace (Dec 2023), private front and back entrances and private basement with laundry and a ton of storage space. Excellent location close to Northwood Elementary, neighborhood parks (including Patricia Paruch Park, formerly Waterworks Park) and just a quick bike ride away from downtown Royal Oak. Association dues cover water and exterior maintenance including snow removal and lawn care, with trash services conveniently included in the taxes. Private resident parking and plenty of street parking. WELCOME HOME!

Details

Property type

Townhouse

Est. home value

$197,430

Lot size

Unknown

Price per sq ft

$228

Year built

1954

Annual property taxes

$4,029

Monthly HOA fee

$250

Price History

02/14/2025
Realcomp

Realcomp #20250001171

Listed
$184,900
02/08/2025
Realcomp

Realcomp #20250001171

Pending
$184,900
01/25/2025
Realcomp

Realcomp #20250001171

Price change
$184,900
-2.68%

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

$87,410
Asking price
$184,900
Closing costs (~8% of asking)
-$14,792
Est. remaining loan balance
-$82,698
Cash to seller
$87,410

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

Seller’s Loan History

Lender

Success Mortgage Partners Inc

Loan start date

February 2017

Original loan amount

$98,250

Est. remaining balance

$82,698

Interest rate

4.2%

Loan type

New Conventional, 30 year

Seller

Angela Smit

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?

Similar Homes Nearby

Price drop
Realcomp
$205,000
2 bd
|
1.5 ba
|
1,008 sq ft
|
Townhouse

2445 Samoset Rd, Royal Oak, MI 48073

Realcomp
$175,000
2 bd
|
1 ba
|
814 sq ft
|
Condo

508 W Houstonia Ave, Royal Oak, MI 48073

Price drop
Realcomp
$199,000
2 bd
|
1 ba
|
821 sq ft
|
House

2814 Crooks Rd, Royal Oak, MI 48073

Status: Active

Tomo last checked: 02/23/2025 at 10:15 AM

Listing updated: 02/19/2025 at 6:54 PM

Listed by: Patrick M Hixson, Patrick M Hixson, KW MetroKW Metro Phone #: (248) 288-3500

MLS: Realcomp #20250001171

Realcomp logo

Recently listed in Royal Oak