new - 6 days on rocket

524 E Farnum Ave, Royal Oak, MI, 48067

$399,900

Home List Price

$4,749*

Closing Credit

3 Bedrooms
2 Full Baths
1,012 SqFt
$395/SqFt
House

Location

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524 E Farnum Ave, Royal Oak$399,900

Buyer Closing Credits

$4,749*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built1917
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
FireplaceGasLog
MLS #81024061986
Lot Size0.11 Acres
StatusActive

About 524 E Farnum Ave

Welcome Home to This Charming 3-Bedroom, 2 Full bathroom Royal Oak Gem - Walkable to Downtown!Nestled on a peaceful, tree-lined corner lot, this delightful home offers the perfect combination of character, comfort, and opportunity. Just a short walk from downtown Royal Oak, you'll have easy access to dining, shopping, and entertainment, all while enjoying the tranquility of a family-friendly neighborhood.Inside, this home features over 1,000 sq ft of living space, with original white oak hardwood floors throughout, freshly painted walls, and newer windows that let in plenty of natural light. The open floor plan seamlessly connects the spacious living and dining areas to the kitchen, which boasts stainless steel appliances, granite countertops, and ample cabinet space.The primarysuite is a bright, peaceful retreat with a large closet and an ensuite bathroom with plenty of storage. The two additional bedrooms share a second full bathroom. The fully fenced backyard offers a wood patio and plenty of green space, perfect for pets, kids, or just relaxing in the sun. The 2-car garage provides additional storage space, and the corner lot offers future potential for expansion or a new build. This home is move-in ready, with tons of room to grow and a fantastic location. Don't miss out on this great opportunityschedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1917
  • Stories: 1
  • Living Area: 1,012 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: Dishwasher, Refrigerator
  • Basement: Yes
  • Fireplace: GasLog

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Farnum Ave and Curry Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,900
  • Price Per SqFt: $395/SqFt

Tax Information:

  • Annual Amount: $4,562
  • 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

524 E Farnum Ave vs Royal Oak

6 DAYS ON ROCKET

-21 Days

$399,900

+$54.9K More

$395/SqFt

+$177 More

KEY TAKEAWAY

This property is $54.9K more than the Median Sold Price and $177/SqFt more than other homes in Royal Oak, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Metropolitan Association of REALTORS
  • MLS Number: #81024061986

Listing Office:

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

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: 12/11/2024, 11:56:04 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

Dec 22, 2016Home Sold
$205,000
Aug 08, 2014Home Sold
$186,500
Mar 09, 2005Home Sold
$157,500
Jul 24, 2001Home Sold
$135,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,562$104,240
2018$4,466$93,560
2017$5,339$93,560

History based on county public records data.

Payment Calculator

$2,063

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,265

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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-1928809
6
/10

  • Keller Elementary School

  • 1505 N Campbell Rd

  • 0.88 miles

  • Public District Grades KG-5

school-card-donut-1928810
7
/10

  • Northwood Elementary School

  • 926 W 12 Mile Rd

  • 1.12 miles

  • Public District Grades KG-5

school-card-donut-1928811
6
/10

  • Oakland Elementary School

  • 2415 Brockton Ave

  • 1.45 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 $31,702. Typical income of Royal Oak, MI residents is less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents 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.

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 524 E Farnum Ave

What is the listing price of this property?

The listing price of 524 E Farnum Ave property is $399,900.

What type of property is this?

The property 524 E Farnum Ave is a house located in Royal Oak, Michigan, 48067.

Is this property for sale now?

Active Listing: 524 E Farnum 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 $4,562 (source: MLS/based on county public records data).

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

The last sale was on December 22, 2016 for $205,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 524 E Farnum Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 524 E Farnum Ave is 1,012 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 524 E Farnum Ave is 1917.

Rocket Homes›Michigan›Oakland County›Royal Oak›48067›524 E Farnum Ave

This home is located at 524 E Farnum Ave in Royal Oak, MI and zip code 48067. This 1,012 square foot home, which was built in 1917, sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $399,900.

Royal Oak, MI housing market in November 2024 saw over 33 listings sold above listed price, more than 12 sold at listed price and over 40 sold below. The number of homes for sale in Royal Oak, MI decreased by 4.3% between October 2024 and November 2024. 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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