15 days on rocket

817 W 12 Mile Rd, Royal Oak, MI, 48073

$599,000

Home List Price

$7,113*

Closing Credit

2 Full Baths
1,485 SqFt
$403/SqFt
Multi
Schools Nearby

Location

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817 W 12 Mile Rd, Royal Oak$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1955
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #20240021980
Lot Size0.20 Acres
StatusActive

About 817 W 12 Mile Rd

This multi-family investment property is located conveniently on a corner lot on 12 Mile Road between Woodward Ave and Crooks Road. This multi-family structure consists of two units: Unit 817 has two bedrooms and one bathroom. Unit 823 has three bedrooms and two bathrooms, the 3rd bedroom is in the finished basement. Both units feature separate entrances, detached garages and driveways. Both units have updated kitchens and new light fixtures. This property is across from Northwood Elementary School and in close proximity to downtown Royal Oak shops, restaurants, Detroit Zoo and major expressways!

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex, Ranch
  • Year Built: 1955
  • Stories: 1
  • Living Area: 1,485 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.20 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
  • Northwood Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: South off 12 Mile Road, west of Main Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
  • Price Per SqFt: $403/SqFt

Tax Information:

  • Annual Amount: $5,055
  • Tax Year: 2020
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Housing Market Comparison

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

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Royal Oak, MI

City

Med. Sold Price

$344.2K

Med. Price/SqFt

$271

Avg. Days On Market

20

# of Sold Homes

82

817 W 12 Mile Rd vs Royal Oak

15 DAYS ON ROCKET

-5 Days

$599,000

+$254.7K More

$403/SqFt

+$132 More

KEY TAKEAWAY

This property is $254.7K more than the Median Sold Price and $132/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: #20240021980

Listing Office:

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

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: 5/15/2024, 2:20:39 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$5,055$129,780
2018$5,130$113,650
2017$4,825$113,650

History based on county public records data.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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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-1439236
7
/10

  • Northwood Elementary School

  • 926 W 12 Mile Rd

  • 0.06 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1439237
5
/10

  • Royal Oak Middle School

  • 709 N Washington Ave

  • 0.70 miles

  • Public District Grades 6-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,247. Residents of Royal Oak, MI typically earn between $35k-100k each year. The most common type of family 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

Rocket Homes›Michigan›Oakland County›Royal Oak›48073›817 W 12 Mile Rd

This home is located at 817 W 12 Mile Rd in Royal Oak, MI and zip code 48073. This 1,485 square foot home, which was built in 1955, sits on a 0.20 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $599,000.

In April 2024, from all listings sold in Royal Oak, MI there were more than 51 sold above asking price, over 14 sold below and more than 17 were sold right at the asked price. The inventory of homes for sale in Royal Oak, MI between March 2024 and April 2024 increased by 28.3%. While the average time on the market in April 2024 was 20 days, the median list price was $344,259.

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

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