Welcome to this stunning 2019-built modern home in sought-after East Oak Park, where properties of this caliber rarely become available. Step inside to be greeted by a dramatic 2-story great room showcasing soaring 16-foot ceilings that flood the space with natural light. Positioned on one of the neighborhood's quietest streets yet within walking distance to both Downtown Ferndale and Royal Oak, this home provides the perfect blend of tranquility and urban convenience, with easy access to restaurants, shopping, and entertainment. The open-concept first floor creates a seamless flow perfect for daily living and entertaining, enhanced by modern Lutron smart lighting controls. The primary suite is a private retreat featuring elegant trayed ceilings, his and hers walk-in closets, and a luxurious ensuite bathroom complete with dual shower heads and a sleek euroglass enclosure. Convenience meets practicality with a second-floor laundry room, eliminating the need to carry laundry up and down stairs. The newly finished basement (2024) extends the living space beautifully, featuring an egress window that bathes the space in natural light – a perfect recreation room, home office, or guest suite. Outdoor living is a dream with a meticulously designed aggregate patio, thoughtfully enclosed by mature arborvitaes that create a natural privacy screen. The low-maintenance vinyl fencing adds privacy while complementing the home's contemporary aesthetic. Recent updates include fresh paint throughout most of the interior in 2023, ensuring move-in-ready condition. The attached 2-car garage offers convenient parking and storage. Listing agent is owner.
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 2019
Stories: 2
Living Area: 2,468 SqFt
Listing Office:
Office Name: Real Broker LLC Troy
Office Phone: (517) 200-3245
Listing Agent: Mark Schmansky
Interior Features
Interior Information:
Basement: Yes
Interior: Egress Window(s), Other, High Spd Internet Avail
Fireplace: Great Room
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
Exterior: Satellite Dish
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Parking: Attached
Lot Features
Lot Information:
Lot Size: 0.13 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Cooling: Other
Other
Directions Information:
Directions: East of Woodward South of 10.
Price Information
Listing Price Info
Price Summary:
List Price: $575,000
Price Per SqFt: $233/SqFt
Tax Information:
Annual Amount: $8,998
Tax Year: 2021
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 Oak Park, MI.
This property is $344.5K more than the Median Sold Price and $49/SqFt more than other homes in Oak Park, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240082072
Listing Office:
Office Name: Real Broker LLC Troy
Office Phone: (517) 200-3245
Listing Agent: Mark Schmansky
Disclaimer: 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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,937
Per Month
Principal & Interest
$2,870
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,790
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
John F. Kennedy Elementary School
24220 Rosewood St
Distance between this listing and this school0.26 miles
Public Magnet Grades 3-5
1
/10
Key Elementary School
23400 Jerome St
Distance between this listing and this school1.08 miles
Public District Grades PK-5
2
/10
Pepper Elementary School
24301 Church St
Distance between this listing and this school1.85 miles
Public District Grades PK-5
Nearby Schools
1
/10
Oak Park Preparatory Academy
23261 Scotia Rd
Distance between this listing and this school1.09 miles
Public District Grades 6-8
2
/10
Ferndale Middle School
725 Pinecrest Dr
Distance between this listing and this school1.22 miles
Public District Grades 6-8
5
/10
Royal Oak Middle School
709 N Washington Ave
Distance between this listing and this school1.77 miles
Public District Grades 6-8
Nearby Schools
4
/10
University High School
2521 Bermuda St
Distance between this listing and this school1.12 miles
Public District Grades 9-12
5
/10
Ferndale High School
881 Pinecrest Dr
Distance between this listing and this school1.26 miles
Public District Grades 9-12
1
/10
Oak Park Virtual Academy
12901 Albany St
Distance between this listing and this school1.29 miles
The neighbors living near this home have an average income of $50,235. The majority of Oak Park, MI residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8429 Yale St
What is the listing price of this property?
The listing price of 8429 Yale St property is $575,000.
What type of property is this?
The property 8429 Yale St is a house located in Oak Park, Michigan, 48237.
Is this property for sale now?
Active Listing: 8429 Yale St 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 2021 is $8,998 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 22, 2019 for $304,900. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 8429 Yale St has 3 bedrooms and 2 full and 1 half bathrooms.
What is the square footage of this property?
The property 8429 Yale St is 2,468 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 8429 Yale St is 2019.
This home is located at 8429 Yale St in Oak Park, MI and zip code 48237. This 2,468 square foot home, which was built in 2019, sits on a 0.13 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $575,000.
While more than 10 listings in Oak Park, MI in October 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 6 were sold below. The number of homes for sale in Oak Park, MI increased by 23.2% between September 2024 and October 2024. Listings spent 18 days on the market in October 2024, and had a median list price of $230,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.