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$197,430Estimated home value

Beds
2
Baths
1.0
sq ft
814

500 W Houstonia Ave, Royal Oak, MI 48073

500 W Houstonia Ave

RoyalOakCity_Oakland, MI 48073

  • Sold On 4/2/2025
Step into this fantastic brick condo, nestled in the desirable Vinsetta area neighborhood in Royal Oak. This end-unit townhouse is packed with character and charm, featuring hardwood flooring throughout most of the home, beautiful wet plaster walls, and coved ceilings in the living and dining areas. Recently updated with a new furnace (Dec 2023), the home also offers private front and back entrances, plus a private basement with laundry area and an abundance of storage space. The location is unbeatable—just moments from Northwood Elementary, local parks (including Patricia Paruch Park, formerly Waterworks Park), and only a short bike ride to downtown Royal Oak. Association dues cover water, exterior maintenance, snow removal, and lawn care. Private resident parking and plenty of street parking.

Details

Property type

Condominium

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

04/02/2025
Realcomp

Realcomp #20250017173

Sold
$177,000
-4.27%
03/28/2025
Realcomp

Realcomp #20250017173

Pending
$184,900
03/27/2025
Realcomp

Realcomp #20250017173

Removed
$184,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

RoyalOak

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

$87,601
Asking price
$184,900
Closing costs (~8% of asking)
-$14,792
Est. remaining loan balance
-$82,507
Cash to seller
$87,601

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

$82,507

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?

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Status: Off Market

Tomo last checked: 04/03/2025 at 10:20 PM

Listing updated: 04/03/2025 at 1:55 AM

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

MLS: Realcomp #20250017173

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