9 days on rocket

640 W 11 Mile Rd, Royal Oak, MI, 48076

$299,999

Home List Price

$3,562*

Closing Credit

2 Bedrooms
2 Full Baths
946 SqFt
$317/SqFt
Condo

Location

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640 W 11 Mile Rd, Royal Oak$299,999

Buyer Closing Credits

$3,562*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Parking2+ Assigned Spaces
Year Built2016
HeatingNatural Gas, Forced Air
CoolingCeiling Fan(s), Central Air
MLS #20240083686
StatusActive

About 640 W 11 Mile Rd

Discover this exceptional 3-level, 2-bedroom, 2-bathroom loft, located just steps from the heart of Downtown Royal Oak. This residence offers the best of urban living with walkability to all the excitement downtown Royal Oak has to offer—restaurants, shopping, nightlife, and vibrant community events like Arts, Beats & Eats. Nestled next to the Woodward Corridor, you’re also minutes from downtown Ferndale and Birmingham, making this loft a commuter’s dream! Inside, you’ll find a stylish blend of industrial charm and modern finishes. High ceilings, sleek light-toned cabinetry, and soft-close cabinets create an open, airy feel, while granite countertops and a spacious kitchen island offer both style and functionality. Ample storage and prep space make it easy to entertain, complemented by stainless steel appliances, a light-toned backsplash, updated lighting fixtures, and a convenient in-unit washer and dryer. Take the party outdoors to your private back patio—perfect for gathering with friends. Plus, with two assigned parking spaces and the Royal Oak YMCA right next door, you’ll enjoy both convenience and comfort right at your fingertips. Don’t miss the chance to call this exceptional loft your new home!

Property Details

Property Features

Property Information:

  • Architectural Style: Loft, Townhouse
  • Year Built: 2016
  • Stories: 3
  • Living Area: 946 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
  • Office Phone: (313) 658-6400
  • Listing Agent: Justin Cain

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Refrigerator, Gas Cooktop, Microwave, Range Hood, Stainless Steel Appliance(s), Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Private Entry

Parking Information:

  • Parking: 2+ Assigned Spaces

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: North on Woodward Ave. Right onto W 11 Mile Rd. Lofts at 11 Condos are to the left side of the street. Park in the back parking lot Spots 640.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,999
  • Price Per SqFt: $317/SqFt

HOA Fees:

  • Amount: $150
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $6,891
  • 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

640 W 11 Mile Rd vs Royal Oak

9 DAYS ON ROCKET

-9 Days

$299,999

-$45K Less

$317/SqFt

+$40 More

KEY TAKEAWAY

This property is $45K less than the Median Sold Price and $40/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: #20240083686

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
  • Office Phone: (313) 658-6400
  • Listing Agent: Justin Cain

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, 10:20:52 AM 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$6,891$206,620
2018$7,250$153,720
2017$6,577$153,720

History based on county public records data.

Payment Calculator

$1,715

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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-376765
7
/10

  • Northwood Elementary School

  • 926 W 12 Mile Rd

  • 1.03 miles

  • Public District Grades KG-5

school-card-donut-376766
7
/10

  • Rogers Elementary School

  • 2265 Hamilton Ave

  • 1.34 miles

  • Public District Grades KG-5

school-card-donut-376767
3
/10

  • John F. Kennedy Elementary School

  • 24220 Rosewood St

  • 1.48 miles

  • Public Magnet Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,680. Residents of Royal Oak, MI typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically 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 640 W 11 Mile Rd

What is the listing price of this property?

The listing price of 640 W 11 Mile Rd property is $299,999.

What type of property is this?

The property 640 W 11 Mile Rd is a condo located in Royal Oak, Michigan, 48076.

Is this property for sale now?

Active Listing: 640 W 11 Mile 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 $6,891 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 640 W 11 Mile Rd has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 640 W 11 Mile Rd is 946 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 640 W 11 Mile Rd is 2016.

Rocket Homes›Michigan›Oakland County›Royal Oak›48076›640 W 11 Mile Rd

This home is located at 640 W 11 Mile Rd in Royal Oak, MI and zip code 48076. This 946 square foot home was built in 2016. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $299,999.

In October 2024, from all listings sold in Royal Oak, MI there were more than 25 sold above asking price, over 39 sold below and more than 13 were sold right at the asked price. Between September 2024 and October 2024, Royal Oak, MI real estate market has seen increase in the number of listings 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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