new - 4 days on rocket

345 W Lincoln Ave, Royal Oak, MI, 48067

$259,900

Home List Price

$3,086*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,186 SqFt
$219/SqFt
Condo

Location

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345 W Lincoln Ave, Royal Oak$259,900

Buyer Closing Credits

$3,086*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNoGarage
Year Built1967
HeatingElectric, Forced Air
CoolingCeiling Fan(s), Central Air
BasementYes
MLS #20240092247
StatusActive

About 345 W Lincoln Ave

Downtown Royal Oak Living at Its Best! Welcome to this highly desirable 2-bedroom condo in the vibrant heart of downtown Royal Oak! Surrounded by an array of restaurants, bars, the Farmer's Market, a movie theater, gym, and cozy coffee shops, this prime location puts you steps away from all the action. Inside, the living room effortlessly flows into a designated dining area, creating a warm and inviting atmosphere. The charming kitchen boasts a brand-new induction stove and microwave, paired with ample cabinet space. The main floor is enhanced by beautiful laminate flooring, a powder room, and fresh paint throughout, complemented by custom blinds. Upstairs, you'll find two generously sized bedrooms and a stylish full bathroom. The partially finished basement offers flexibility, perfect for a home office, gym, or entertainment space, with a dedicated workshop, laundry, and storage area. Relax on your private front patio and enjoy the convenience of two assigned parking spaces plus plenty of street parking. With an updated HVAC system and hot water tank (new in 2018), this home is move-in ready and waiting for you!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1967
  • Living Area: 1,186 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Lynne Gebski

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Oven, Refrigerator, Induction Cooktop, Microwave, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Lighting, PrivateEntrance

Parking Information:

  • Attached Garage: No
  • Parking: NoGarage

Utilities

Utilities Information:

  • Heating: Electric, Forced Air
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: ENTER OFF LINCOLN BETWEEN LAFAYETTE AND WASHINGTON

Price Information

Listing Price Info

Price Summary:

  • List Price: $259,900
  • Price Per SqFt: $219/SqFt

HOA Fees:

  • Amount: $287
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,515
  • 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

345 W Lincoln Ave vs Royal Oak

4 DAYS ON ROCKET

-23 Days

$259,900

-$85K Less

$219/SqFt

+$1 More

KEY TAKEAWAY

This property is $85K less than the Median Sold Price and $1/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: #20240092247

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Lynne Gebski

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: 12/17/2024, 11:56:03 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

Sep 09, 2014Home Sold
$155,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,515$99,290
2018$1,842$83,340
2017$2,401$83,340

History based on county public records data.

Payment Calculator

$1,652

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$846

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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-4322675
3
/10

  • John F. Kennedy Elementary School

  • 24220 Rosewood St

  • 1.15 miles

  • Public Magnet Grades 3-5

school-card-donut-4322676
7
/10

  • Northwood Elementary School

  • 926 W 12 Mile Rd

  • 1.53 miles

  • Public District Grades KG-5

school-card-donut-4322677
6
/10

  • Oakland Elementary School

  • 2415 Brockton Ave

  • 1.62 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 $77,399. The majority of Royal Oak, MI residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

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 345 W Lincoln Ave

What is the listing price of this property?

The listing price of 345 W Lincoln Ave property is $259,900.

What type of property is this?

The property 345 W Lincoln Ave is a condo located in Royal Oak, Michigan, 48067.

Is this property for sale now?

Active Listing: 345 W Lincoln 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 $2,515 (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 9, 2014 for $155,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 345 W Lincoln Ave has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 345 W Lincoln Ave is 1,186 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 345 W Lincoln Ave is 1967.

Rocket Homes›Michigan›Oakland County›Royal Oak›48067›345 W Lincoln Ave

This home is located at 345 W Lincoln Ave in Royal Oak, MI and zip code 48067. This 1,186 square foot home was built in 1967. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $259,900.

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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