5 months on rocket

500 Beaver Ave, Royal Oak, MI, 48073

$1,350,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
3,112 SqFt
$434/SqFt
House

Location

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500 Beaver Ave, Royal Oak$1,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDirect Access, Electricity, Door Opener, Side Entrance, Attached
Attached Garage3 spaces
Year BuiltNew Const., 2024
HeatingNatural Gas
CoolingCentral Air, Other
BasementYes
FireplaceGas, Family Room
MLS #20240042014
Lot Size0.25 Acres
StatusActive

About 500 Beaver Ave

Introducing a stunning new construction by Live Well Custom Homes, overlooking the picturesque Red Run Golf Club and scheduled for completion in late November 2024. This modern farmhouse spans over 3,000 square feet, featuring an inviting open floor plan ideal for seamless entertaining and comfortable family living. The home includes four spacious bedrooms and four and a half luxurious bathrooms. The gourmet kitchen is a chef's dream, equipped with Bosch black stainless steel appliances, a walk-in pantry, and a large nine-foot island. Hardwood flooring extends throughout the first floor, complemented by abundant natural lighting. Step outside to the covered patio, perfect for enjoying outdoor relaxation. The large master suite is a true retreat, boasting a massive dressing room and a Japanese spa-like bathroom with a soaking tub and dual shower heads. Additional features include a fully finished basement, offering extra living space, and an attached three-car garage. Combining flow and functionality with high-end finishes, this home is a sanctuary for modern living in a coveted location. Fenced backyard. Currently at cabinetry, tile and trim stage.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Farmhouse
  • Year Built: 2024
  • Stories: 2
  • Living Area: 3,112 SqFt

Listing Office:

  • Office Name: @properties Christie's Int'l R.E. Birmingham
  • Office Phone: (248) 850-8632
  • Listing Agent: Debbie E Spencer

Interior Features

Interior Information:

  • Appliances: Energy Star Dryer, Energy Star Washer, Vented Exhaust Fan, Dishwasher, Disposal, Energy Star Dishwasher, Energy Star Refrigerator, Gas Oven, Microwave, Range Hood, Stainless Steel Appliance(s), Bar Fridge
  • Basement: Yes
  • Interior: Egress Window(s), Other, Furnished - No
  • Fireplace: Gas, Family Room

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Direct Access, Electricity, Door Opener, Side Entrance, Attached

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: North of 12 Mile, East of Rochester Road, faces Red Run Golf Course

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,350,000
  • Price Per SqFt: $434/SqFt

Tax Information:

  • Annual Amount: $3,218
  • 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

500 Beaver Ave vs Royal Oak

151 DAYS ON ROCKET

+133 Days

$1,350,000

+$1.0M More

$434/SqFt

+$157 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $157/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: #20240042014

Listing Office:

  • Office Name: @properties Christie's Int'l R.E. Birmingham
  • Office Phone: (248) 850-8632
  • Listing Agent: Debbie E Spencer

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

Tax History

YEARPROP. TAXASSESSMENT
2020$3,218$117,770
2018$3,277$100,770
2017$3,188$100,770

History based on county public records data.

Payment Calculator

$6,805

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,114

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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-480494
6
/10

  • Keller Elementary School

  • 1505 N Campbell Rd

  • 0.69 miles

  • Public District Grades KG-5

school-card-donut-480495
6
/10

  • Oak Ridge Elementary School

  • 506 E 13 Mile Rd

  • 0.84 miles

  • Public District Grades KG-5

school-card-donut-480496
9
/10

  • Lessenger Elementary School

  • 30150 Campbell Rd

  • 0.84 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 $64,619. Typical income of Royal Oak, MI residents is between $35k-100k annually. 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.

Types of housing 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.

What is it like to live in Royal Oak, MI?

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.

Is it easy to get around Royal Oak, MI without a car?

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.

Transportation in Royal Oak, MI.

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 500 Beaver Ave

What is the listing price of this property?

The listing price of 500 Beaver Ave property is $1,350,000.

What type of property is this?

The property 500 Beaver Ave is a house located in Royal Oak, Michigan, 48073.

Is this property for sale now?

Active Listing: 500 Beaver 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 $3,218 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 500 Beaver Ave has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 500 Beaver Ave is 3,112 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Beaver Ave is 2024.

Rocket Homes›Michigan›Oakland County›Royal Oak›48073›500 Beaver Ave

This home is located at 500 Beaver Ave in Royal Oak, MI and zip code 48073. This 3,112 square foot home, which was built in 2024, sits on a 0.25 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 18, 2024 and is currently priced at $1,350,000.

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. The inventory of homes for sale in Royal Oak, MI between September 2024 and October 2024 increased by 11.3%. The median list price of listings available in October 2024 was $345,000, while the average time on the real estate market was 18 days.

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

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