2 months on rocket

306 Potter Ave, Royal Oak, MI, 48067

$398,800

Home List Price

$4,736*

Closing Credit

3 Bedrooms
2 Full Baths
1,770 SqFt
$225/SqFt
House

Location

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306 Potter Ave, Royal Oak$398,800

Buyer Closing Credits

$4,736*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOneCarGarage, Detached
Garage1 space
Year Built1912
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #20240078987
Lot Size0.21 Acres
StatusActive

About 306 Potter Ave

Welcome to this charming 1,770 SF home located just 1/2 mile from downtown Royal Oak! Currently operating as an Airbnb, this property presents a unique opportunity for buyers looking for a turnkey, fully furnished home or investment property. The sellers are open to including all furnishings in the sale. Step inside to find an open floor plan with beautiful hardwood floors, a spacious living room, dining room, and family room. The updated kitchen features stainless steel appliances, perfect for entertaining. A first-floor full bath adds convenience, while the custom mudroom built-ins offer ample storage. Upstairs, you'll find three large bedrooms with generous closets, a laundry room, office, and a second full bath. Recent upgrades include new central air and furnace (2023), newer roof, water heater, and an updated electrical panel, ensuring peace of mind. The home also includes a garage and a basement, providing extra storage and convenience. The outdoor space is a standout feature, with a 297' deep backyard that backs directly onto Whittier Park. Enjoy access to 8 pickleball courts, a large playground, basketball court, soccer fields, and walking paths—perfect for outdoor activities. This gem in Royal Oak is a rare find. Schedule your private showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1912
  • Living Area: 1,770 SqFt

Listing Office:

  • Office Name: Sold by VIE
  • Office Phone: (248) 587-8620
  • Listing Agent: Lindsey Sundin, Matthew Demorest

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Oven, Refrigerator, Microwave, Washer/Dryer Stacked
  • Basement: Yes
  • Interior: ProgrammableThermostat

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: N of 11, W of Campbell

Price Information

Listing Price Info

Price Summary:

  • List Price: $398,800
  • Price Per SqFt: $225/SqFt

Tax Information:

  • Annual Amount: $2,505
  • 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

306 Potter Ave vs Royal Oak

60 DAYS ON ROCKET

+33 Days

$398,800

+$53.8K More

$225/SqFt

+$7 More

KEY TAKEAWAY

This property is $53.8K more than the Median Sold Price and $7/SqFt more 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: #20240078987

Listing Office:

  • Office Name: Sold by VIE
  • Office Phone: (248) 587-8620
  • Listing Agent: Lindsey Sundin, Matthew Demorest

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: 12/18/2024, 2:21:02 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

Dec 03, 2010Home Sold
$115,000
Jul 01, 2004Home Sold
$159,500
Jul 01, 2004Home Sold
$159,500
Sep 29, 2000Home Sold
$138,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,505$142,440
2018$3,584$77,960
2017$2,455$77,960

History based on county public records data.

Payment Calculator

$2,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,262

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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.

Nearby Schools

school-card-donut-4333645
6
/10

  • Keller Elementary School

  • 1505 N Campbell Rd

  • 0.89 miles

  • Public District Grades KG-5

school-card-donut-4333646
6
/10

  • Oakland Elementary School

  • 2415 Brockton Ave

  • 1.27 miles

  • Public District Grades KG-5

school-card-donut-4333647
7
/10

  • Northwood Elementary School

  • 926 W 12 Mile Rd

  • 1.30 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. Typical income of Royal Oak, MI residents is 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 306 Potter Ave

What is the listing price of this property?

The listing price of 306 Potter Ave property is $398,800.

What type of property is this?

The property 306 Potter Ave is a house located in Royal Oak, Michigan, 48067.

Is this property for sale now?

Active Listing: 306 Potter 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 $2,505 (source: MLS/based on county public records data).

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

The last sale was on December 3, 2010 for $115,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 306 Potter Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 306 Potter Ave is 1,770 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 306 Potter Ave is 1912.

Rocket Homes›Michigan›Oakland County›Royal Oak›48067›306 Potter Ave

This home is located at 306 Potter Ave in Royal Oak, MI and zip code 48067. This 1,770 square foot home, which was built in 1912, sits on a 0.21 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $398,800.

In November 2024 more than 33 listings in Royal Oak, MI were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 40 were sold below. The inventory of homes for sale in Royal Oak, MI between October 2024 and November 2024 decreased by 4.3%. Listings spent 27 days on the market in November 2024, and had a median list price of $344,948 during the same period.

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

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