8 months on rocket

815 Magnolia Ave, Royal Oak, MI, 48073

$1,400,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
5 Full Baths, 1 Partial
3,500 SqFt
$400/SqFt
House

Location

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815 Magnolia Ave, Royal Oak$1,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingAttached
Attached Garage2 spaces
Year Built2024
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240017208
Lot Size0.45 Acres
StatusActive

About 815 Magnolia Ave

New construction home ready to be built by Kadilli Homes! Located in the desirable Vinsetta/Northwood community, this custom home offers a luxury floor plan suited for any family. Finishes include hardwood floors throughout the first floor, custom moldings, trim, and woodwork finished with a premium lighting package. With an open-concept atmosphere, you will be greeted by 9’ ceilings throughout 1st and 2nd floor. The living room boasts an open floor plan with a cozy and efficient gas fireplace. The luxurious kitchen with premium stainless steel appliances, and a large island with quartz countertops. The primary suite includes amenities such as a custom walk-in closet, and a covered balcony for your perfect oasis. The primary bathroom boasts an impressive free-standing soaker tub, and large shower rainfall shower heads. Three comfortable additional bedrooms, each with it's own en suite bathroom and walk-in closet. Zone heating system and built with a finished basement finished with 9' ceilings and a full bathroom. Large backyard, perfect for entertaining in the warmer months. Minutes from dining, entertainment, and shopping - enjoy everything downtown Royal Oak has to offer while still having the privacy of a quiet, peaceful neighborhood. Photos are examples of similar home. Agent related to seller.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Stories: 2
  • Living Area: 3,500 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Vented Exhaust Fan, Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Microwave, Stainless Steel Appliance(s), Washer
  • Basement: Yes

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Awning/Overhang(s), Lighting

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached

Lot Features

Lot Information:

  • Lot Size: 0.45 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Head North on Crooks and Turn East on to Vinsetta till Magnolia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,400,000
  • Price Per SqFt: $400/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

$345K

Med. Price/SqFt

$277

Avg. Days On Market

18

# of Sold Homes

77

815 Magnolia Ave vs Royal Oak

243 DAYS ON ROCKET

+225 Days

$1,400,000

+$1.0M More

$400/SqFt

+$123 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $123/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: #20240017208

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: 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

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

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$7,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,264

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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-422087
7
/10

  • Northwood Elementary School

  • 926 W 12 Mile Rd

  • 0.34 miles

  • Public District Grades KG-5

school-card-donut-422088
6
/10

  • Addams Elementary School

  • 2222 W Webster Rd

  • 0.88 miles

  • Public District Grades EE-5

school-card-donut-422089
6
/10

  • Oak Ridge Elementary School

  • 506 E 13 Mile Rd

  • 1.06 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. The most common type of family is single, no kids. The majority of 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 815 Magnolia Ave

What is the listing price of this property?

The listing price of 815 Magnolia Ave property is $1,400,000.

What type of property is this?

The property 815 Magnolia Ave is a house located in Royal Oak, Michigan, 48073.

Is this property for sale now?

Active Listing: 815 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 815 Magnolia Ave has 4 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 815 Magnolia Ave is 3,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 815 Magnolia Ave is 2024.

Rocket Homes›Michigan›Oakland County›Royal Oak›48073›815 Magnolia Ave

This home is located at 815 Magnolia Ave in Royal Oak, MI and zip code 48073. This 3,500 square foot home, which was built in 2024, sits on a 0.45 acre lot. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $1,400,000.

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. In October 2024 in Royal Oak, MI there were 11.3% more homes for sale than in September 2024. While the average time on the market in October 2024 was 18 days, the median list price was $345,000.

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

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