2 months on rocket

120 N Gainsborough Ave, Royal Oak, MI, 48067

$347,000

Home List Price

$4,121*

Closing Credit

3 Bedrooms
2 Full Baths
1,089 SqFt
$319/SqFt
House

Location

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120 N Gainsborough Ave, Royal Oak$347,000

Buyer Closing Credits

$4,121*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage1 space
Year Built1953
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #50156575
Lot Size0.13 Acres
StatusActive

About 120 N Gainsborough Ave

SIGNIFICANT PRICE REDUCTION, MOTIVATED SELLER! This gorgeous 3 bedroom, 2 full bath, ranch is located within walking distance of downtown Royal Oak! Meticulously maintained, roomy feel, nicely updated and beautiful wood floors throughout! Full, partially finished basement including a full bathroom. Lots of closets and storage! Easy backyard access to lush landscapes and spacious backyard.

Property Details

Property Features

Property Information:

  • Year Built: 1953
  • Stories: 1
  • Living Area: 1,089 SqFt

Listing Office:

  • Office Name: RE/MAX Eclipse New Baltimore
  • Office Phone: (586) 725-1900
  • Listing Agent: Catherine Baker

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Oven, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Porch

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

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

School Info

School District Information:

  • School District: Royal Oak Neighborhood Schools

Price Information

Listing Price Info

Price Summary:

  • List Price: $347,000
  • Price Per SqFt: $319/SqFt

Tax Information:

  • Annual Amount: $4,160
  • 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

$344.9K

Med. Price/SqFt

$217

Avg. Days On Market

27

# of Sold Homes

85

120 N Gainsborough Ave vs Royal Oak

81 DAYS ON ROCKET

+54 Days

$347,000

+$2K More

$319/SqFt

+$101 More

KEY TAKEAWAY

This property is $2K more than the Median Sold Price and $101/SqFt more than other homes in Royal Oak, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MiRealSource
  • MLS Number: #50156575

Listing Office:

  • Office Name: RE/MAX Eclipse New Baltimore
  • Office Phone: (586) 725-1900
  • Listing Agent: Catherine Baker

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 3:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 07, 2017Home Sold
$242,000
Sep 26, 2003Home Sold
$153,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,160$110,040
2018$4,236$84,450
2017$2,493$84,450

History based on county public records data.

Payment Calculator

$1,799

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,107

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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-4338963
6
/10

  • Keller Elementary School

  • 1505 N Campbell Rd

  • 0.86 miles

  • Public District Grades KG-5

school-card-donut-4338964
6
/10

  • Oakland Elementary School

  • 2415 Brockton Ave

  • 1.04 miles

  • Public District Grades KG-5

school-card-donut-4338965
7
/10

  • Northwood Elementary School

  • 926 W 12 Mile Rd

  • 1.53 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,331. The most common annual income of people living in Royal Oak, MI is between $35k-100k. The majority of families are single, no kids. 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 120 N Gainsborough Ave

What is the listing price of this property?

The listing price of 120 N Gainsborough Ave property is $347,000.

What type of property is this?

The property 120 N Gainsborough Ave is a house located in Royal Oak, Michigan, 48067.

Is this property for sale now?

Active Listing: 120 N Gainsborough Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,160 (source: MLS/based on county public records data).

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

The last sale was on September 7, 2017 for $242,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 120 N Gainsborough Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 120 N Gainsborough Ave is 1,089 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 120 N Gainsborough Ave is 1953.

Rocket Homes›Michigan›Oakland County›Royal Oak›48067›120 N Gainsborough Ave

This home is located at 120 N Gainsborough Ave in Royal Oak, MI and zip code 48067. This 1,089 square foot home, which was built in 1953, sits on a 0.13 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $347,000.

In November 2024, from all listings sold in Royal Oak, MI there were more than 33 sold above asking price, over 40 sold below and more than 12 were sold right at the asked price. The inventory of homes for sale in Royal Oak, MI between October 2024 and November 2024 decreased by 4.3%. In November 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $344,948.

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

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