3 months on rocket

3420 Fairmont Rd, Royal Oak, MI, 48073

$400,000

Home List Price

$4,750*

Closing Credit

2 Bedrooms
2 Full Baths
1,300 SqFt
$308/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

3420 Fairmont Rd, Royal Oak$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDetached
Garage2 spaces
Year Built1927
HeatingNatural Gas, Forced Air
MLS #20240051608
Lot Size0.22 Acres
StatusActive

About 3420 Fairmont Rd

Rare opportunity in North Royal Oak! Rebuild or renovate current home in this booming multi-family, residential zoned district! Over 9500 square foot lot (almost quarter acre), lot allows for a single or multi-family home. Close proximity to Beaumont Hospital, new developments & Woodward corridor. Surrounded by apartments and other multi-family buildings, and steps away from single family residential. Huge piece of property to work with with a nicely sized 2 car garage. Great location near parks, shopping and dining. Don’t miss out on this sought after area, schedule your tour with your agent before it's gone!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1927
  • Stories: 1
  • Living Area: 1,300 SqFt

Listing Office:

  • Office Name: Keller Williams Somerset
  • Office Phone: (248) 649-7200
  • Listing Agent: James T Silver

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: west of Woodward south of 13 mile

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
  • Price Per SqFt: $308/SqFt

Tax Information:

  • Annual Amount: $6,940
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Royal Oak, MI

City

Med. Sold Price

$345K

Med. Price/SqFt

$277

Avg. Days On Market

18

# of Sold Homes

77

3420 Fairmont Rd vs Royal Oak

109 DAYS ON ROCKET

+91 Days

$400,000

+$55K More

$308/SqFt

+$31 More

KEY TAKEAWAY

This property is $55K more than the Median Sold Price and $31/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: #20240051608

Listing Office:

  • Office Name: Keller Williams Somerset
  • Office Phone: (248) 649-7200
  • Listing Agent: James T Silver

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: 11/17/2024, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 19, 2021Home Sold
$180,000
Dec 28, 2018Home Sold
$230,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,940$120,600
2018$6,780$108,460
2017$2,190$108,460

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

Powered By

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-437296
8
/10

  • Greenfield Elementary School

  • 31200 Fairfax Ave

  • 0.25 miles

  • Public Magnet Grades EE-5

school-card-donut-437297
5
/10

  • Pattengill Elementary School

  • 3540 Morrison Ave

  • 0.73 miles

  • Public District Grades KG-5

school-card-donut-437298
6
/10

  • Vandenberg World Cultures Academy

  • 16100 Edwards Ave

  • 0.95 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,810. The majority of Royal Oak, MI residents have income 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 3420 Fairmont Rd

What is the listing price of this property?

The listing price of 3420 Fairmont Rd property is $400,000.

What type of property is this?

The property 3420 Fairmont Rd is a house located in Royal Oak, Michigan, 48073.

Is this property for sale now?

Active Listing: 3420 Fairmont Rd 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 $6,940 (source: MLS/based on county public records data).

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

The last sale was on January 19, 2021 for $180,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3420 Fairmont Rd has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3420 Fairmont Rd is 1,300 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3420 Fairmont Rd is 1927.

Rocket Homes›Michigan›Oakland County›Royal Oak›48073›3420 Fairmont Rd

This home is located at 3420 Fairmont Rd in Royal Oak, MI and zip code 48073. This 1,300 square foot home, which was built in 1927, sits on a 0.22 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $400,000.

While more than 25 listings in Royal Oak, MI in October 2024 were sold above asking price, there were more than 13 listings sold at asking price, and more than 39 were sold below. Between September 2024 and October 2024, Royal Oak, MI real estate market has seen increase in the number of listings by 11.3%. In October 2024 median list price was $345,000 and the average listing age was 18 days.

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

More Resources