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300-304 Baker St, Royal Oak, MI, 48067

$1,000,000

0.54 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #20230006196
Lot Size0.54 Acres
StatusActive

About 300-304 Baker St

Zoned Multiple, currently 2 houses (both rented) each sitting on 40 x 294 lots- or 80- x 294 combined or .53 of an acre which currently permits building 6 new units! However, both homes are surrounded by apartments & condos ON ALL 3 SIDES! Potential of more than 6 units (10,12, 16?) . Baker street is walking distance to downtown Royal Oak & currently new construction condos are selling for over $625,000.00 or renting for over $3,300 or $3,500.00 per month. Short term Land Contract OK! (OWNER IS LICENSED)

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Classic
  • Office Phone: (248) 646-5000
  • Listing Agent: Andrew A Konopada

Lot Features

Lot Information:

  • Lot Size: 0.54 Acres

School Info

Assigned Schools Information:

  • Royal Oak Middle School, Public District Grades 6-8
  • Northwood Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: EAST OF WOODWARD AVENUE, AND NORTH OFF 11 MILE ROAD

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,000,000
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Housing Market Comparison

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

Med. Sold Price

$344.2K

Med. Price/SqFt

$270

Avg. Days On Market

28

# of Sold Homes

61

300-304 Baker St vs Royal Oak

457 DAYS ON ROCKET

+429 Days

$1,000,000

+$655.7K More

KEY TAKEAWAY

This property is $655.7K more than the Median Sold Price in Royal Oak, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20230006196

Listing Office:

  • Office Name: RE/MAX Classic
  • Office Phone: (248) 646-5000
  • Listing Agent: Andrew A Konopada

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: 4/26/2024, 11:25:20 PM 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.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

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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.

Elementary School

school-card-donut-939437
9
/10
  • Northwood Elementary School

  • 926 W 12 Mile Rd

  • 1.00 miles

  • Public District Grades KG-5

Middle School

school-card-donut-939438
6
/10
  • Royal Oak Middle School

  • 709 N Washington Ave

  • 0.54 miles

  • Public District Grades 6-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,500. Residents of Royal Oak, MI typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 300-304 Baker St

What is the listing price of this property?

The listing price of 300-304 Baker St property is $1,000,000.

What type of property is this?

The property 300-304 Baker St is land located in Royal Oak, Michigan, 48067.

Is this property for sale now?

Active Listing: 300-304 Baker St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 300-304 Baker St are:
Northwood Elementary School: GreatSchools Rating 9/10
Royal Oak Middle School: GreatSchools Rating 6/10

How much acreage is this property?

The property 300-304 Baker St is 0.54 acres.
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Rocket HomesMichiganOakland CountyRoyal Oak48067300-304 Baker St

This home is located at 300-304 Baker St in Royal Oak, MI and zip code 48067. This home sits on a 0.54 acre lot. It has been listed on Rocket Homes since January 25, 2023 and is currently priced at $1,000,000.

Over 21 listings were sold over their listed price in March 2024 in Royal Oak, MI. In the same period over 30 listings were sold below the listed price and 10 listings were sold for the listed price. The inventory of homes for sale in Royal Oak, MI between February 2024 and March 2024 increased by 3.6%. Listings spent 28 days on the market in March 2024, and had a median list price of $344,250 during the same period.

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

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