25 days on rocket

Sale Pending

3114 Ferris Ave, Royal Oak, MI, 48073

$360,000

Home List Price

$4,275*

Closing Credit

3 Bedrooms
3 Full Baths
1,044 SqFt
$345/SqFt
House

Location

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3114 Ferris Ave, Royal Oak$360,000

Buyer Closing Credits

$4,275*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage, Paved Driveway
Garage1 space
Year Built1949
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
WaterfrontNone
ViewNone
MLS #50157936
Lot Size0.14 Acres
StatusSale Pending
(Pending)

About 3114 Ferris Ave

***OPEN HOUSE: Saturday, 10/12, 12N-2P & Sunday, 10/13, 12N-2P*** This beautifully updated three-bedroom, three-full bath bungalow in Royal Oak offers modern living on a charming, tree-lined street. The home features a newly renovated spacious master suite on the second floor with a full bath. Enjoy additional living space in the fully finished basement, perfect for a family room or home office. The outdoor area includes a deck and patio, ideal for entertaining, along with a convenient detached garage. This move-in ready home blends classic charm with modern updates, making it the perfect place to call home. It's a must see.

Property Details

Property Features

Property Information:

  • Year Built: 1949
  • Stories: 1
  • Living Area: 1,044 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Lakeside
  • Office Phone: (586) 532-0500
  • Listing Agent: Christopher Griffin

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Oven, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: None
  • Exterior: Deck, Patio, Sidewalks, Street Lights

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Garage, Paved Driveway

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

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

School District Information:

  • School District: Royal Oak Neighborhood Schools

Other

Directions Information:

  • Directions: S of 13 Mile/W of Campbell 154+120+182+156+360+42+30

Price Information

Listing Price Info

Price Summary:

  • List Price: $360,000
  • Price Per SqFt: $345/SqFt

Tax Information:

  • Annual Amount: $3,961
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$345K

Med. Price/SqFt

$277

Avg. Days On Market

18

# of Sold Homes

77

3114 Ferris Ave vs Royal Oak

25 DAYS ON ROCKET

+7 Days

$360,000

+$15K More

$345/SqFt

+$68 More

KEY TAKEAWAY

This property is $15K more than the Median Sold Price and $68/SqFt more than other homes in Royal Oak, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MiRealSource
  • MLS Number: #50157936

Listing Office:

  • Office Name: Keller Williams Realty Lakeside
  • Office Phone: (586) 532-0500
  • Listing Agent: Christopher Griffin

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 7:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 16, 2018Home Sold
$215,000
Apr 11, 2018Home Sold
$215,000
Mar 06, 2017Home Sold
$189,905

Tax History

YEARPROP. TAXASSESSMENT
2020$3,961$105,090
2018$4,034$78,860
2017$2,633$78,860

History based on county public records data.

Payment Calculator

$1,864

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,146

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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-1973564
6
/10
  • Oak Ridge Elementary School

  • 506 E 13 Mile Rd

  • 0.27 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1973565
5
/10
  • Royal Oak Middle School

  • 709 N Washington Ave

  • 1.83 miles

  • Public District Grades 6-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,989. Residents of Royal Oak, MI typically earn between $35k-100k each year. 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

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 type of housing is available 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.

Is Royal Oak, MI a good place to live?

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 things conveniently located in Royal Oak, MI?

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.

What does the transportation in Royal Oak, MI look like?

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 3114 Ferris Ave

What is the listing price of this property?

The listing price of 3114 Ferris Ave property is $360,000.

What type of property is this?

The property 3114 Ferris Ave is a house located in Royal Oak, Michigan, 48073.

Is this property for sale now?

Sale Pending: 3114 Ferris Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 3114 Ferris Ave are:
Oak Ridge Elementary School: GreatSchools Rating 6/10
Royal Oak Middle School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,961 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 16, 2018 for $215,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3114 Ferris Ave has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 3114 Ferris Ave is 1,044 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3114 Ferris Ave is 1949.

Rocket HomesMichiganOakland CountyRoyal Oak480733114 Ferris Ave

This home is located at 3114 Ferris Ave in Royal Oak, MI and zip code 48073. This 1,044 square foot home, which was built in 1949, sits on a 0.14 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $360,000.

Over 25 listings were sold over their listed price in October 2024 in Royal Oak, MI. In the same period over 39 listings were sold below the listed price and 13 listings were sold for the listed price. Between September 2024 and October 2024, Royal Oak, MI real estate market has seen increase in the number of listings by 11.3%. The median list price of listings available in October 2024 was $345,000, while the average time on the real estate market was 18 days.

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

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