2 months on rocket

702 N Gainsborough Ave, Royal Oak, MI, 48067

$309,999

Home List Price

$3,681*

Closing Credit

3 Bedrooms
2 Full Baths
1,841 SqFt
$168/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

702 N Gainsborough Ave, Royal Oak$309,999

Buyer Closing Credits

$3,681*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Detached
Garage2 spaces
Year Built1943
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #81024051245
Lot Size0.13 Acres
StatusActive

About 702 N Gainsborough Ave

MAJOR PRICE ADJUSTMENT BY OWNER TO SELL. BETTER AND WELL-KEPT NEIGHBORHOOD AREA IN THE AREA. SHARP LOOKING BUNGALOW SURROUNDED BY WELL MAINTAINED NEIGHBORHOOD AND CLOSE TO DOWNTOWN ROYAL OAK VERY NICE 3 BEDROOMS WITH 2 FULL BATHROOMS PLUS A SUNROOM. BASEMENT IS FINISHED WITH A PRIVATE STORAGE WHICH CAN BE CONVERTED TO A WINE CELLER OR HANDYMAND WORKSHOP. NEW AC, WATER HEATER & UPGRADE FURANCE. 2 CARS DETACHED GARAGE WITH A BARN AND A NICE SIZE WOODEN DECK THAT HAS A GAS GRILL SETUP. COMPLETELY REPLACED CONCRETE DRIVEWAY. THE BACKYARD IS FULLY FENCED FOR YOU PETS AND BEAUTIFUL MAPLE TREE PROVIDING COOL SHADE. 1 YR AMERICAN HOME SHIELD PROVIDED. DRIVE BY TO CHECKOUT YOUR NEW HOME IN THIS RO COMMUNITY AND NEIGHBOR.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1943
  • Stories: 2
  • Living Area: 1,841 SqFt

Listing Office:

  • Office Name: HOA Professional Group, LLC
  • Office Phone: (248) 325-8639
  • Listing Agent: Jee Lee

Interior Features

Interior Information:

  • Appliances: Disposal, Dryer, Oven, Refrigerator, Range, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Concrete, Detached

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: WEST OF S CAMPBELL, NORTH OF ELEVEN MILE RD OR ELEVEN MILE & GARDENIA AVE.

Price Information

Listing Price Info

Price Summary:

  • List Price: $309,999
  • Price Per SqFt: $168/SqFt

Tax Information:

  • Annual Amount: $4,943
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Royal Oak, MI.

Map thumbnail provided by MapBox

Royal Oak, MI

City

Med. Sold Price

$344.9K

Med. Price/SqFt

$217

Avg. Days On Market

27

# of Sold Homes

85

702 N Gainsborough Ave vs Royal Oak

81 DAYS ON ROCKET

+54 Days

$309,999

-$34.9K Less

$168/SqFt

-$50 Less

KEY TAKEAWAY

This property is $34.9K less than the Median Sold Price and $50/SqFt less 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: #81024051245

Listing Office:

  • Office Name: HOA Professional Group, LLC
  • Office Phone: (248) 325-8639
  • Listing Agent: Jee Lee

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, 6:21:06 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

Sep 13, 2021Home Sold
$220,000
May 15, 2015Home Sold
$161,600
Dec 01, 2011Home Sold
$109,900

Tax History

YEARPROP. TAXASSESSMENT
2020$4,943$101,040
2018$5,017$89,220
2017$3,422$89,220

History based on county public records data.

Payment Calculator

$1,615

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$996

Powered By

Rocket Mortgage

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-4421397
6
/10

  • Keller Elementary School

  • 1505 N Campbell Rd

  • 0.57 miles

  • Public District Grades KG-5

school-card-donut-4421398
6
/10

  • Oakland Elementary School

  • 2415 Brockton Ave

  • 1.28 miles

  • Public District Grades KG-5

school-card-donut-4421399
9
/10

  • Lessenger Elementary School

  • 30150 Campbell Rd

  • 1.31 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 $102,425. Most Royal Oak, MI residents have annual incomes between $100k-200k. 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.

What are the common housing types 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 are the advantages of living 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.

Are essential services in Royal Oak, MI convenient?

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.

How do Royal Oak, MI residents get around?

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 702 N Gainsborough Ave

What is the listing price of this property?

The listing price of 702 N Gainsborough Ave property is $309,999.

What type of property is this?

The property 702 N Gainsborough Ave is a house located in Royal Oak, Michigan, 48067.

Is this property for sale now?

Active Listing: 702 N Gainsborough 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 $4,943 (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 13, 2021 for $220,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 702 N Gainsborough Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 702 N Gainsborough Ave is 1,841 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 702 N Gainsborough Ave is 1943.

Rocket Homes›Michigan›Oakland County›Royal Oak›48067›702 N Gainsborough Ave

This home is located at 702 N Gainsborough Ave in Royal Oak, MI and zip code 48067. This 1,841 square foot home, which was built in 1943, sits on a 0.13 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 28, 2024 and is currently priced at $309,999.

Over 33 listings were sold over their listed price in November 2024 in Royal Oak, MI. In the same period over 40 listings were sold below the listed price and 12 listings were sold for the listed price. The number of listings in Royal Oak, MI decreased by 4.3% between October 2024 and November 2024. Listings spent 27 days on the market in November 2024, and had a median list price of $344,948 during the same period.

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

More Resources