2 months on rocket

811 Magnolia Ave, Royal Oak, MI, 48073

$1,299,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
4,210 SqFt
$309/SqFt
House

Location

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811 Magnolia Ave, Royal Oak$1,299,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingTwoCarGarage, Attached, DirectAccess
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
FireplaceLivingRoom
MLS #20240070576
Lot Size0.22 Acres
StatusActive

About 811 Magnolia Ave

New construction to be completed soon - with time left for the buyer to select interior finishes! This beautiful home built by Ideal Builders sits on an oversized lot in the desirable Vinsetta/Northwood sub. Enter the first floor through the covered front porch where the foyer, study, and powder room will greet you. The living room with a gas fireplace, dining room with a beverage center, and kitchen featuring a large eat-in island. To complete the first floor, you'll find a pantry, mudroom, and a 2-car attached garage. The second floor includes an oversized primary bedroom with a large walk-in closet and a master bath has dual vanities with a walk-in shower and separate soaking tub. 3 additional bedrooms, a laundry room and two full baths complete the second floor. The lower level with an additional 1200 finished square feet is complimented by a 5th bedroom with an egress window, full bath, and rec space perfect for entertaining. Outside you will find a covered patio, and a private backyard that is fully landscaped. Home to be completed early 2025

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 2024
  • Living Area: 4,210 SqFt

Listing Office:

  • Office Name: KW Metro
  • Office Phone: (248) 288-3500
  • Listing Agent: John Farhat

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: LivingRoom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Take Crooks to Vinsetta head east to Magnolia.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,299,000
  • Price Per SqFt: $309/SqFt
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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

811 Magnolia Ave vs Royal Oak

85 DAYS ON ROCKET

+58 Days

$1,299,000

+$954K More

$309/SqFt

+$91 More

KEY TAKEAWAY

This property is $954K more than the Median Sold Price and $91/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: #20240070576

Listing Office:

  • Office Name: KW Metro
  • Office Phone: (248) 288-3500
  • Listing Agent: John Farhat

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, 4:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-4386941
7
/10

  • Northwood Elementary School

  • 926 W 12 Mile Rd

  • 0.34 miles

  • Public District Grades KG-5

school-card-donut-4386942
6
/10

  • Addams Elementary School

  • 2222 W Webster Rd

  • 0.89 miles

  • Public District Grades EE-5

school-card-donut-4386943
6
/10

  • Oak Ridge Elementary School

  • 506 E 13 Mile Rd

  • 1.05 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 $98,387. The majority of Royal Oak, MI residents have income between $100k-200k annually. 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.

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 811 Magnolia Ave

What is the listing price of this property?

The listing price of 811 Magnolia Ave property is $1,299,000.

What type of property is this?

The property 811 Magnolia Ave is a house located in Royal Oak, Michigan, 48073.

Is this property for sale now?

Active Listing: 811 Magnolia Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 811 Magnolia Ave has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 811 Magnolia Ave is 4,210 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 811 Magnolia Ave is 2024.

Rocket Homes›Michigan›Oakland County›Royal Oak›48073›811 Magnolia Ave

This home is located at 811 Magnolia Ave in Royal Oak, MI and zip code 48073. This 4,210 square foot home, which was built in 2024, sits on a 0.22 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $1,299,000.

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. Between October 2024 and November 2024, Royal Oak, MI real estate market has seen decrease in the number of listings by 4.3%. The median list price of listings available in November 2024 was $344,948, while the average time on the real estate market was 27 days.

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

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