Sold in 14 Days

118 W Lawrence Ave, Royal Oak, MI, 48073

Closed On : Fri Dec 06 2024

$284,000

red-arrow-pointing-down$15.9K Below Asking

List Price : $299,999
3 Bedrooms
2 Full Baths
2,100 SqFt
House

Location

Image provided by Mapbox

Comparable Homes

Price Details

Housing Market Comparison

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

Med. Sold Price

$347.3K

Med. Price/SqFt

$218

Avg. Days On Market

21

# of Sold Homes

97

118 W Lawrence Ave vs Royal Oak

70 DAYS ON ROCKET

+49 Days

$284,000

-$63.3K Less

KEY TAKEAWAY

This property is $63.3K less than the Median Sold Price in Royal Oak, MI.

Based on homes sold in the last 12 months

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,651$104,440
2018$5,735$95,910
2017$4,130$95,910

History based on county public records data.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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Rocket Mortgage

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.

Nearby Schools

school-card-donut-12108
6
/10
  • Oak Ridge Elementary School

  • 506 E 13 Mile Rd

  • 0.44 miles

  • Public District Grades KG-5

school-card-donut-12109
6
/10
  • Kenwood Elementary School

  • 240 Nahma Ave

  • 0.95 miles

  • Public District Grades PK-5

school-card-donut-12110
7
/10
  • Northwood Elementary School

  • 926 W 12 Mile Rd

  • 1.06 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,604. Most Royal Oak, MI residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesMichiganOakland CountyRoyal Oak48073118 W Lawrence Ave

While more than 33 listings in Royal Oak, MI in December 2024 were sold above asking price, there were more than 18 listings sold at asking price, and more than 46 were sold below. In December 2024 in Royal Oak, MI there were 10.3% less homes for sale than in November 2024. While the average time on the market in December 2024 was 21 days, the median list price was $347,343.

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

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