Sold in 17 Days

2016 N Vermont Ave, Royal Oak, MI, 48073

Closed On : Tue Aug 27 2024

$341,250

red-arrow-pointing-down$33.7K Below Asking

List Price : $375,000
3 Bedrooms
2 Full Baths
1,549 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

$344.8K

Med. Price/SqFt

$275

Avg. Days On Market

14

# of Sold Homes

88

2016 N Vermont Ave vs Royal Oak

53 DAYS ON ROCKET

+39 Days

$341,250

-$3.5K Less

KEY TAKEAWAY

This property is $3.5K 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

Listing History

Jun 25, 2012Home Sold
$178,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,815$128,920
2018$3,884$115,010
2017$3,672$115,010

History based on county public records data.

Payment Calculator

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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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.

Elementary School

school-card-donut-1083096
6
/10
  • Keller Elementary School

  • 1505 N Campbell Rd

  • 0.34 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1083097
5
/10
  • Royal Oak Middle School

  • 709 N Washington Ave

  • 1.31 miles

  • Public District Grades 6-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,619. Residents of Royal Oak, MI typically earn between $35k-100k each year. Residents typically live in single, no kids family. 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 Oak480732016 N Vermont Ave

Over 46 listings were sold over their listed price in August 2024 in Royal Oak, MI. In the same period over 30 listings were sold below the listed price and 12 listings were sold for the listed price. The number of homes for sale in Royal Oak, MI increased by 2.9% between July 2024 and August 2024. The median list price of listings available in August 2024 was $344,825, while the average time on the real estate market was 14 days.

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

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