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314 S Laurel St, Royal Oak, MI, 48067

$625,000

Home List Price

$7,422*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,525 SqFt
$248/SqFt
House

Location

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314 S Laurel St, Royal Oak$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Faces Front, Garage Door Opener, Detached
Garage2 spaces
Year Built1918
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #24049664
Lot Size0.12 Acres
StatusActive

About 314 S Laurel St

Welcome to your new dream home in Royal Oak's most coveted neighborhood! This home has been completely renovated to offer everything you'd expect from a brand-new build, yet it retains its original charm and seamlessly fits into the neighborhood's character. Just steps from downtown, you can enjoy Ronin Sushi, live music at the Royal Oak Music Theatre, and sweet treats from Astoria Bakery—all within walking distance. This residence features all-new vinyl windows, a new roof, and striking board and batten Hardie plank siding. The inviting front porch with new wooden columns and a modern front door sets a welcoming tone, while the newly constructed 2-car garage and driveway enhance both functionality and curb appeal. Step inside to discover a thoughtfully reimagined interior. A newly added Welcome to your new dream home in Royal Oak's most coveted neighborhood! This home has been completely renovated to offer everything you'd expect from a brand-new build, yet it retains its original charm and seamlessly fits into the neighborhood's character. Just steps from downtown, you can enjoy Ronin Sushi, live music at the Royal Oak Music Theatre, and sweet treats from Astoria Bakeryall within walking distance. This residence features all-new vinyl windows, a new roof, and striking board and batten Hardie plank siding. The inviting front porch with new wooden columns and a modern front door sets a welcoming tone, while the newly constructed 2-car garage and driveway enhance both functionality and curb appeal. Step inside to discover a thoughtfully reimagined interior. A newly added powder room boasts textured porcelain tile and a modern vanity. Elegant brushed gold lighting fixtures illuminate luxurious vinyl plank flooring that flows throughout the open-concept space. Oversized new windows flood the home with natural light, showcasing a brand-new kitchen with custom cabinetry, high-end appliancesincluding a state-of-the-art under-counter microwaveand stunning quartz countertops. The oversized kitchen island is perfect for casual dining and entertaining, while the adjacent laundry room and mudroom add practical convenience. The newly constructed addition elevates the home with a tranquil primary suite, complete with a spacious walk-in closet and a spa-like ensuite bathroom featuring a freestanding vessel tub, elegant tub filler, a large shower with natural light, and dual vanities in brushed gold.(Upstairs, a full bathroom with marble tile and a spacious shower complements three generously sized bedrooms with ample closet space.(This home is upgraded with a new AC unit, HVAC system, electrical wiring, plumbing, and lighting, all finished with fresh paint and a new side entrance. Experience the perfect blend of modern luxury and timeless charm in this extraordinary Royal Oak residence.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1918
  • Stories: 1
  • Living Area: 2,525 SqFt

Listing Office:

  • Office Name: Golden Key Real Estate LLC
  • Office Phone: (313) 638-2474
  • Listing Agent: Ryan Heward, Dustin Shaeffer

Interior Features

Interior Information:

  • Appliances: Washer, Range, Microwave, Dryer, Disposal, Dishwasher
  • Basement: Yes
  • Interior: Kitchen Island, Eat-in Kitchen

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Garage Faces Front, Garage Door Opener, Detached

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: N of 4th Street and Lafayette

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $248/SqFt

Tax Information:

  • Annual Amount: $2,287
  • 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

314 S Laurel St vs Royal Oak

58 DAYS ON ROCKET

+40 Days

$625,000

+$280K More

$248/SqFt

-$29 Less

KEY TAKEAWAY

This property is $280K more than the Median Sold Price and $29/SqFt less than other homes in Royal Oak, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24049664

Listing Office:

  • Office Name: Golden Key Real Estate LLC
  • Office Phone: (313) 638-2474
  • Listing Agent: Ryan Heward, Dustin Shaeffer

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,287$99,430
2018$2,328$89,170
2017$2,201$89,170

History based on county public records data.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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-411023
7
/10

  • Northwood Elementary School

  • 926 W 12 Mile Rd

  • 1.17 miles

  • Public District Grades KG-5

school-card-donut-411024
3
/10

  • John F. Kennedy Elementary School

  • 24220 Rosewood St

  • 1.36 miles

  • Public Magnet Grades 3-5

school-card-donut-411025
7
/10

  • Rogers Elementary School

  • 2265 Hamilton Ave

  • 1.39 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 $55,257. Most Royal Oak, MI residents have annual incomes between $35k-100k. Most 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 314 S Laurel St

What is the listing price of this property?

The listing price of 314 S Laurel St property is $625,000.

What type of property is this?

The property 314 S Laurel St is a house located in Royal Oak, Michigan, 48067.

Is this property for sale now?

Active Listing: 314 S Laurel St 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 $2,287 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 314 S Laurel St has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 314 S Laurel St is 2,525 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 314 S Laurel St is 1918.

Rocket Homes›Michigan›Oakland County›Royal Oak›48067›314 S Laurel St

This home is located at 314 S Laurel St in Royal Oak, MI and zip code 48067. This 2,525 square foot home, which was built in 1918, sits on a 0.12 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $625,000.

In October 2024 more than 25 listings in Royal Oak, MI were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 39 were sold below. In October 2024 in Royal Oak, MI there were 11.3% more homes for sale than in September 2024. In October 2024, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $345,000.

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

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