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543 Detroit Ave, Royal Oak, MI, 48073

$324,900

Home List Price

$3,858*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,069 SqFt
$304/SqFt
House
Schools Nearby

Location

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543 Detroit Ave, Royal Oak$324,900

Buyer Closing Credits

$3,858*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingAttached
Attached Garage2 spaces
Year Built1953
HeatingNatural Gas, Forced Air
CoolingCeiling Fan(s), Central Air
BasementYes
MLS #20240019662
Lot Size0.18 Acres
StatusAccepting Backup Offers

About 543 Detroit Ave

Adorable Royal Oak ranch, located on a corner lot in a quiet residential area that is just minutes from the excitement of Downtown Royal Oak, as well as close access to I696 and I75! Newer granite kitchen with stainless steel appliances, and open floor plan to the living room, with gorgeous hardwood floors throughout the main floor. Large additional family room adds a generous amount of space for entertaining. Finished lower level area also contains 3rd bedroom with closet. Two car attached garage! Tear off roof and additional blown-in attic insulation done in 2015.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1953
  • Stories: 1
  • Living Area: 1,069 SqFt

Listing Office:

  • Office Name: Signature Sotheby's International Realty Bham
  • Office Phone: (248) 644-7000
  • Listing Agent: Brooke Eason

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Microwave, Washer
  • Basement: Yes
  • Interior: Cable Available, Circuit Breakers, Furnished - No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Ceiling Fan(s), 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

Other

Directions Information:

  • Directions: South of 13 Mile Rd., East of Rochester Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $324,900
  • Price Per SqFt: $304/SqFt

Tax Information:

  • Annual Amount: $3,893
  • Tax Year: 2020
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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

543 Detroit Ave vs Royal Oak

24 DAYS ON ROCKET

-4 Days

$324,900

-$19.3K Less

$304/SqFt

+$33 More

KEY TAKEAWAY

This property is $19.3K less than the Median Sold Price and $33/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: #20240019662

Listing Office:

  • Office Name: Signature Sotheby's International Realty Bham
  • Office Phone: (248) 644-7000
  • Listing Agent: Brooke Eason

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: 4/29/2024, 8:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 07, 2015Home Sold
$184,900
Aug 26, 2013Home Sold
$82,297
Jun 03, 2013Home Sold
$70,550
Nov 03, 2008Home Sold
$145,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,893$105,610
2018$3,963$94,840
2017$3,747$94,840

History based on county public records data.

Payment Calculator

$1,689

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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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-3318092
8
/10
  • Oak Ridge Elementary School

  • 506 E 13 Mile Rd

  • 0.47 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3318093
6
/10
  • Royal Oak Middle School

  • 709 N Washington Ave

  • 1.31 miles

  • Public District Grades 6-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,953. The most common annual income of people living in Royal Oak, MI is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 543 Detroit Ave

What is the listing price of this property?

The listing price of 543 Detroit Ave property is $324,900.

What type of property is this?

The property 543 Detroit Ave is a house located in Royal Oak, Michigan, 48073.

Is this property for sale now?

Accepting Backup Offers: 543 Detroit Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 543 Detroit Ave are:
Oak Ridge Elementary School: GreatSchools Rating 8/10
Royal Oak Middle School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,893 (source: MLS/based on county public records data).

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

The last sale was on July 7, 2015 for $184,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 543 Detroit Ave has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 543 Detroit Ave is 1,069 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 543 Detroit Ave is 1953.

Rocket HomesMichiganOakland CountyRoyal Oak48073543 Detroit Ave

This home is located at 543 Detroit Ave in Royal Oak, MI and zip code 48073. This 1,069 square foot home, which was built in 1953, sits on a 0.18 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $324,900.

Royal Oak, MI housing market in March 2024 saw over 21 listings sold above listed price, more than 10 sold at listed price and over 30 sold below. The inventory of homes for sale in Royal Oak, MI between February 2024 and March 2024 increased by 3.6%. In March 2024, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $344,250.

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

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