Coming Soon

1037 Fernwood Rd, Royal Oak, MI, 48067

$325,000

Home List Price

$3,859*

Closing Credit

3 Bedrooms
1 Full Bath
1,254 SqFt
$259/SqFt
House

Location

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1037 Fernwood Rd, Royal Oak$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1952
HeatingNatural Gas, Forced Air
CoolingCentral Air
MLS #20240081999
Lot Size0.12 Acres
Active DateNovember 08, 2024
StatusComing Soon

About 1037 Fernwood Rd

Welcome home to this charming ranch in the heart of Royal Oak! This 3-bedroom, 1-bath beauty features hardwood floors throughout, a seamless open-concept layout flooded with natural light, and spacious closets—offering more storage than most in the area. The updated kitchen with stainless steel appliances make meal prep and entertaining a breeze. Step outside to enjoy a fenced-in yard and an inviting aggregate concrete patio, perfect for relaxing or hosting. The driveway was refreshed in 2016 and home is pre-wired for a Level 2 EV charging station. With the furnace, AC, and hot water tank replaced in 2015, you’ll enjoy peace of mind on major systems. Located within walking distance to shopping favorites like Trader Joe’s and Ulta! Immediate occupancy is available, so you can settle in just in time to enjoy the neighborhood and all Royal Oak has to offer! Don’t miss this exceptional opportunity—schedule your tour today!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1952
  • Stories: 1
  • Living Area: 1,254 SqFt

Listing Office:

  • Office Name: KW Professionals
  • Office Phone: (734) 459-4700
  • Listing Agent: Jeff Glover

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Oven, Refrigerator, Microwave, Range Hood
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Royal Oak Middle School, Public District Grades 6-8
  • Northwood Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: E Woodward and N Catalpa

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $259/SqFt

Tax Information:

  • Annual Amount: $3,503
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Royal Oak, MI.

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Royal Oak, MI

City

Med. Sold Price

$345K

Med. Price/SqFt

$277

Avg. Days On Market

18

# of Sold Homes

77

1037 Fernwood Rd vs Royal Oak

$325,000

-$20K Less

$259/SqFt

-$18 Less

KEY TAKEAWAY

This property is $20K less than the Median Sold Price and $18/SqFt less than other homes in Royal Oak, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240081999

Listing Office:

  • Office Name: KW Professionals
  • Office Phone: (734) 459-4700
  • Listing Agent: Jeff Glover

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 23, 2015Home Sold
$190,000
Feb 17, 2006Home Sold
$162,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,503$94,920
2018$3,567$85,020
2017$3,372$85,020

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5056
7
/10

  • Northwood Elementary School

  • 926 W 12 Mile Rd

  • 0.48 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5057
5
/10

  • Royal Oak Middle School

  • 709 N Washington Ave

  • 0.59 miles

  • Public District Grades 6-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,505. The majority of Royal Oak, MI residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Royal Oak, MI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Royal Oak, MI?

Royal Oak's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses. The architectural styles in the area range from charming bungalows and classic colonials to contemporary new constructions. Single-family homes are the most prevalent, providing a suburban feel within a city setting. The homeownership rate in Royal Oak is robust, with a significant portion of residents owning their homes, while the remainder of the population enjoys the flexibility of renting.

Is Royal Oak, MI a good place to live?

Royal Oak prides itself on a vibrant community spirit and a lively downtown area. The city is celebrated for its array of festivals, including the annual Arts, Beats and Eats Festival, which showcases the community's commitment to culture and entertainment. The neighborhood's character is further defined by its eclectic mix of shops, restaurants, and entertainment venues, which contribute to its reputation as a desirable place to live.

Are things conveniently located in Royal Oak, MI?

The community is served by a well-rounded selection of services, including public and private schools that cater to a range of educational needs. Healthcare is accessible through local clinics and nearby hospitals that offer a variety of medical services. Royal Oak's public library system is active, providing resources and programming for residents of all ages. Retail and dining options reflect the local culture, with a blend of independent boutiques and eateries alongside well-known chains.

What does the transportation in Royal Oak, MI look like?

Transportation options in Royal Oak include a network of roads and highways that connect residents to the greater Oakland area and beyond. Public transit is available, with bus services facilitating local and regional travel. The city is also bike-friendly, with several paths and lanes designated for cyclists. While specific ride-share services are operational in the area, the city's walkable downtown core is particularly appealing to those who prefer to navigate on foot.

Frequently Asked Questions About 1037 Fernwood Rd

What is the listing price of this property?

The listing price of 1037 Fernwood Rd property is $325,000.

What type of property is this?

The property 1037 Fernwood Rd is a house located in Royal Oak, Michigan, 48067.

Is this property for sale now?

Coming Soon: 1037 Fernwood Rd is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.

What are the assigned schools for this property?

The assigned schools for 1037 Fernwood Rd are:
Northwood Elementary School: GreatSchools Rating 7/10
Royal Oak Middle School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,503 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 23, 2015 for $190,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1037 Fernwood Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1037 Fernwood Rd is 1,254 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1037 Fernwood Rd is 1952.

Rocket Homes›Michigan›Oakland County›Royal Oak›48067›1037 Fernwood Rd

This home is located at 1037 Fernwood Rd in Royal Oak, MI and zip code 48067. This 1,254 square foot home, which was built in 1952, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 04, 2024 and is currently priced at $325,000.

Over 25 listings were sold over their listed price in October 2024 in Royal Oak, MI. In the same period over 39 listings were sold below the listed price and 13 listings were sold for the listed price. The inventory of homes for sale in Royal Oak, MI between September 2024 and October 2024 increased by 11.3%. While the average time on the market in October 2024 was 18 days, the median list price was $345,000.

From Rocket Homes Real Estate and based on county public records data.

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