tomo logo

$499,900

Beds
3
Baths
3.0
sq ft
1,560

526 S Vermont Ave, Royal Oak, MI 48067

526 S Vermont Ave

Royal Oak, MI 48067

  • Pending
Beautifully updated bungalow on a prime corner lot, walking distance to downtown Royal Oak! This charming home blends modern updates with classic character, offering an ideal layout for comfortable living. The updated kitchen features quartz countertops, stainless steel appliances, and a spacious breakfast nook that opens to a bright great room with a cozy fireplace. Natural light fills the home, highlighting gleaming hardwood floors and detailed moldings. The expansive primary suite is a true retreat, complete with a brand new spa-like bathroom (2023) featuring a beautiful a sharp emerald green tile shower with a Euro glass door. The finished lower level adds even more living space with a recreation room, built-in bar, additional full bathroom and laundry area. Recent updates include all-new front and side doors (2023), a new insulated garage door (2023), and a fully insulated garage with OSB-installed walls (2022), plus a brand-new garage entry door (2024). Outside, the private fenced-in yard boasts a large deck, and lush landscaping—perfect for relaxing or entertaining. Just a short walk to parks, schools, and downtown Royal Oak’s shops and restaurants. Welcome Home!

Details

Property type

Single Family Residence

Est. home value

$533,883

Lot size

6,098 sq ft

Price per sq ft

$321

Year built

1941

Annual property taxes

$7,061

Price History

03/03/2025
Realcomp

Realcomp #20250011585

Pending
$499,900
02/21/2025
Realcomp

Realcomp #20250011585

Listed
$499,900
+8.2%
05/02/2022
Realcomp

Realcomp #2220017564

Sold
$462,000
+20.31%

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

$118,064
Asking price
$499,900
Closing costs (~8% of asking)
-$39,992
Est. remaining loan balance
-$341,844
Cash to seller
$118,064

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

Seller’s Loan History

Lender

The Huntington National Bank

Loan start date

May 2022

Original loan amount

$360,000

Est. remaining balance

$341,844

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Parker D Bushey and Adrianna M Downs

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: Pending/Under Contract

Tomo last checked: 03/03/2025 at 7:10 PM

Listing updated: 03/03/2025 at 5:39 PM

Listed by: Jim Shaffer, Jim Shaffer, Good CompanyGood Company Phone #: (248) 733-5811

MLS: Realcomp #20250011585

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