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613 E Farnum Ave, Royal Oak, MI, 48067

$1,249,900

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
4,068 SqFt
$307/SqFt
House
Schools Nearby

Location

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613 E Farnum Ave, Royal Oak$1,249,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingForced Air, Natural Gas
BasementYes
MLS #24011731
Lot Size0.17 Acres
StatusActive

About 613 E Farnum Ave

Stunning new construction by Ideal Builders & Remodeling to be completed September 2024. Just steps to the action of downtown Royal Oak. Sprawling open floor plan spreading over 3,000 square feet of impeccable living space. This dream home features a light-filled great room opening up to a covered lanai for seamless indoor-outdoor living. An entertainer's dream of a kitchen with giant island, custom cabinets, walk-in butler's pantry, and quartz countertops. Sophisticated study with designer wainscoting and french glass doors opening into a wide foyer. Primary suite boasts elevated ceilings and expansive bathroom, featuring a spa-like shower, free-standing bathtub, dual vanities, and separate water closet. Second floor laundry room for convenience. Basement has rare 11' ceiling height , finished with a 5th bedroom and full bathroom. Custom designed landscaping and sprinklers make this home completely turnkey. Move-in ready.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 2024
  • Stories: 2
  • Living Area: 4,068 SqFt

Listing Office:

  • Office Name: Shain Park, REALTORS
  • Office Phone: (248) 633-8520
  • Listing Agent: Melissa Potash

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

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

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Head East on Farnum from N Main Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,249,900
  • Price Per SqFt: $307/SqFt

Tax Information:

  • Annual Amount: $4,015
  • 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

613 E Farnum Ave vs Royal Oak

47 DAYS ON ROCKET

+19 Days

$1,249,900

+$905.6K More

$307/SqFt

+$36 More

KEY TAKEAWAY

This property is $905.6K more than the Median Sold Price and $36/SqFt more than other homes in Royal Oak, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24011731

Listing Office:

  • Office Name: Shain Park, REALTORS
  • Office Phone: (248) 633-8520
  • Listing Agent: Melissa Potash

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 10:20:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,015$98,450
2018$5,158$84,910
2017$3,509$84,910

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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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-2677096
6
/10
  • Keller Elementary School

  • 1505 N Campbell Rd

  • 0.80 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2677097
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 $98,438. The most common annual income of people living in Royal Oak, MI is between $35k-100k. The majority of families are 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 613 E Farnum Ave

What is the listing price of this property?

The listing price of 613 E Farnum Ave property is $1,249,900.

What type of property is this?

The property 613 E Farnum Ave is a house located in Royal Oak, Michigan, 48067.

Is this property for sale now?

Active Listing: 613 E Farnum Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 613 E Farnum Ave are:
Keller Elementary School: GreatSchools Rating 6/10
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 $4,015 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 613 E Farnum Ave has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 613 E Farnum Ave is 4,068 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 613 E Farnum Ave is 2024.

Rocket Homes›Michigan›Oakland County›Royal Oak›48067›613 E Farnum Ave

This home is located at 613 E Farnum Ave in Royal Oak, MI and zip code 48067. This 4,068 square foot home, which was built in 2024, sits on a 0.17 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $1,249,900.

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. Between February 2024 and March 2024, Royal Oak, MI real estate market has seen increase in the number of listings 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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