2 months on rocket

517 Catalpa Dr, Royal Oak, MI, 48067

$999,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 2 Partial
2,746 SqFt
$364/SqFt
House

Location

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517 Catalpa Dr, Royal Oak$999,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingTwoCarGarage, Attached, Tandem
Attached Garage2 spaces
Year Built2024
HeatingForced Air, Natural Gas
CoolingCeiling Fan(s), Central Air
BasementYes
FireplaceGas, LivingRoom
MLS #20240071029
Lot Size0.12 Acres
StatusActive

About 517 Catalpa Dr

**Seller Offering Interest Rate Buy-down Incentive (get a mortgage rate in the 5%'s) with Accepted Offer by 12/25/24** Introducing 517 Catalpa Dr, a stunning new build located just moments from the vibrant downtown Royal Oak, home to some of Michigan's finest dining, shopping, and entertainment. This contemporary masterpiece exudes modern luxury with its sleek California-inspired design, featuring a flat roof and cutting-edge architecture that stands out from the rest. Step inside to find an open floor plan adorned with modern hardwood flooring that flows seamlessly through the main level and into the four generously sized upstairs bedrooms. The custom-designed kitchen is a chef's dream, boasting high-end Café brand appliances, gleaming quartz countertops, and a large island perfect for entertaining or casual dining. The living room is a showcase of style with its striking custom fireplace, built-in shelving, and unique lighting fixtures that add a touch of elegance throughout the space. The home is designed for both style and function, with under-stair lighting adding an ultra-modern touch to the sleek staircase. Step through the convenient doorwall to a beautifully crafted stamped concrete patio—ideal for outdoor entertaining—and enjoy the low-maintenance, professionally designed backyard. The stamped concrete driveway and porch add to the home’s curb appeal. Upstairs, indulge in two luxurious full bathrooms with custom ceramic tile, including a spectacular master bath with high-end finishes. The second-floor laundry room with ceramic flooring offers convenience and ease. With a two-car tandem attached garage, 10-foot basement ceilings, and a basement landing leading directly to the backyard patio, this home is designed for comfort and practicality. From the chic covered front porch to every meticulously designed detail inside, 517 Catalpa Dr is a rare opportunity to own a modern architectural gem in the heart of Royal Oak. Live in style, just steps away from the best this thriving city has to offer!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Contemporary
  • Year Built: 2024
  • Living Area: 2,746 SqFt

Listing Office:

  • Office Name: Epique Realty
  • Office Phone: (248) 218-2604
  • Listing Agent: Robert K Montgomery, Karen Montgomery

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Oven, Refrigerator
  • Basement: Yes
  • Fireplace: Gas, LivingRoom

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Lighting

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: TwoCarGarage, Attached, Tandem

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: W on Catalpa off Main St, just S of Crooks

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,000
  • Price Per SqFt: $364/SqFt

Tax Information:

  • Annual Amount: $3,006
  • 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

517 Catalpa Dr vs Royal Oak

88 DAYS ON ROCKET

+61 Days

$999,000

+$654K More

$364/SqFt

+$146 More

KEY TAKEAWAY

This property is $654K more than the Median Sold Price and $146/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: #20240071029

Listing Office:

  • Office Name: Epique Realty
  • Office Phone: (248) 218-2604
  • Listing Agent: Robert K Montgomery, Karen Montgomery

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, 5:21:01 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

Jan 20, 2021Home Sold
$98,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,006$110,570
2018$3,060$93,500
2017$2,893$93,500

History based on county public records data.

Payment Calculator

$5,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,062

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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-4396193
7
/10

  • Northwood Elementary School

  • 926 W 12 Mile Rd

  • 0.55 miles

  • Public District Grades KG-5

school-card-donut-4396194
6
/10

  • Keller Elementary School

  • 1505 N Campbell Rd

  • 1.28 miles

  • Public District Grades KG-5

school-card-donut-4396195
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 $96,591. Most Royal Oak, MI residents have annual incomes between $35k-100k. Typical family type is 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 517 Catalpa Dr

What is the listing price of this property?

The listing price of 517 Catalpa Dr property is $999,000.

What type of property is this?

The property 517 Catalpa Dr is a house located in Royal Oak, Michigan, 48067.

Is this property for sale now?

Active Listing: 517 Catalpa Dr 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 $3,006 (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 20, 2021 for $98,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 517 Catalpa Dr has 4 bedrooms and 2 full and 2 half bathrooms.

What is the square footage of this property?

The property 517 Catalpa Dr is 2,746 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 517 Catalpa Dr is 2024.

Rocket Homes›Michigan›Oakland County›Royal Oak›48067›517 Catalpa Dr

This home is located at 517 Catalpa Dr in Royal Oak, MI and zip code 48067. This 2,746 square foot home, which was built in 2024, sits on a 0.12 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $999,000.

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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