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$360,000

Beds
2
Baths
2.5
sq ft
1,500

508 Woodlawn Ave, Royal Oak, MI 48073

508 Woodlawn Ave

RoyalOakCity_Oakland, MI 48073

  • 6 days on market
MOVE-IN READY!Welcome to 508 Woodlawn Ave in Royal Oak! This stunning modern townhouse, built in 2017, feels like new and is ready for you to call home.Featuring an open-concept layout, the spacious great room opens to the balcony -- perfect for relaxing or entertaining. The beautiful wood floors add warmth and elegance, while the kitchen boasts stainless steel appliances, granite countertops, and plenty of space for culinary creations.Upstairs, you'll find two bedrooms, each with its own private bath, offering comfort and convenience. A half bath completes the main level.Located just minutes from downtown Royal Oak, you'll have easy access to fantastic restaurants, shops, and entertainment.Come see it for yourself and imagine the possibilities!

Details

Property type

Condominium

Est. home value

$315,335

Lot size

1.65 acres

Price per sq ft

$240

Year built

2017

Annual property taxes

$6,170.91

Monthly HOA fee

$260

Price History

03/28/2025
Realcomp

Realcomp #81025011380

Listed
$360,000
03/27/2025
Realcomp

Realcomp #81025011380

Removed
04/16/2021
Realcomp

Realcomp #2210015807

Sold
$300,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$111,806
Asking price
$360,000
Closing costs (~8% of asking)
-$28,800
Est. remaining loan balance
-$219,394
Cash to seller
$111,806

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

April 2021

Original loan amount

$240,000

Est. remaining balance

$219,394

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Joseph Lee

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: Active

Tomo last checked: 03/31/2025 at 5:10 AM

Listing updated: 03/28/2025 at 4:21 AM

Listed by: Zainab Jaafar-Chami, RE/MAX Classic Phone #: (734) 459-1010

MLS: Realcomp #81025011380

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