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$659,900

Beds
4
Baths
3.5
sq ft
2,425

507 Gardenia Ave, Royal Oak, MI 48067

507 Gardenia Ave

Royal Oak, MI 48067

  • 15 days on market
    • Price drop $15,100↓
Fantastic 4 bedroom, 3 and 1/2 bath near Downtown Royal Oak! Hardwood floors throughout main level. Custom kitchen with cherry cabinets with 42" uppers, soft close doors/drawers, wine rack, granite countertops and backsplash. Great room with stone gas fireplace with wood mantle and recessed lighting. Light and bright office with French doors and lots of natural light. Separate Laundry Room and Powder Room. Spacious master suite features gas fireplace, walk-in closet and luxurious en-suite with soaking tub, separate walk-in shower with rain head and dual sinks. Two extra bedrooms and full bath complete 2nd floor. Third floor makes the perfect teen or in-law suite with additional bonus room, private full bath and 4th bedroom. The basement is ready for your finishing touches with an egress window, plumbing for 3pc bath and double sump pump. Fenced backyard with oversized two car garage. Home newly built in 2014. Immediate Occupancy

Details

Property type

Single Family Residence

Est. home value

$654,395

Lot size

4,792 sq ft

Price per sq ft

$273

Year built

2014

Annual property taxes

$10,530.48

Price History

09/10/2024
Realcomp

Realcomp #58050154146

Price change
$659,900
-2.24%
09/04/2024
Realcomp

Realcomp #58050154146

Listed
$675,000
+30.43%
08/06/2021
Realcomp

Realcomp #2210034343

Sold
$517,500
+13.74%

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

$148,946
Asking price
$659,900
Closing costs (~8% of asking)
-$52,792
Est. remaining loan balance
-$458,162
Cash to seller
$148,946

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

August 2021

Original loan amount

$491,150

Est. remaining balance

$458,162

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Tyler Jones

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: 09/19/2024 at 7:20 PM

Listing updated: 09/14/2024 at 3:21 PM

Listed by: Kim Balutanski, Vanguard Realty Group LLC Phone #: (248) 650-6206

MLS: Realcomp #58050154146

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