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407 W 12 Mile Road Royal Oak, MI 48073

$201,535
LOW
$237,100 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$272,665
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$237,100Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
4
AC
Yes
Payment Estimate
--
Baths Full
1
Foundation
Crawlspace
Rent Estimate
$1,750Estimated monthly rental price, based on a proprietary formula.
Baths Half
--
Fireplaces
1
Tax Estimate
$2,362Estimated property taxes paid on an annual basis.
Sq Ft
1,632
Parking
Garage
 HomeScore
54A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
--
Parking Spaces
2
 InvestorScore
52A relative rating of projected positive cash flow over a 10-year holding period. Properties that score above 50 are expected to outperform the market.
Construction
--
Last Sale Date
05/01/1977
Style
--
Last Sale Price
$25,500
Year Built
1926

407 W 12 Mile Road is located in Royal Oak, MI. At this time, the property has an estimated value of $237,100 and yearly taxes of $2,362. This home has 4 bedrooms, 1 bathroom, and approximately 1,632 sqft of living space. The property was built in 1926. Similar homes nearby have 4 bedrooms, 1 bath and sell for around $225,000.

Royal Oak Market Trends

Check out Royal Oak homes for sale, read the Royal Oak real estate news or review the Royal Oak real estate trends. Here is a summary of local market conditions over the past 30 days:

Market Health Score
80
Healthy

302

$240,000

48

2.4

Median Sales Price
$225,000
+2.3%
Sales (30 Days)
127
-19.1%

Royal Oak Public Schools

A child living at 407 W 12 Mile Road, Royal Oak, MI would typically attend one of the following public schools: Northwood Elementary School, Royal Oak Middle School, or Royal Oak High School. School boundaries and attendance zones are updated frequently. This guidance should not be used to determine the legal eligibility to attend any particular school or school system.

Royal Oak REAL ESTATE NEWS

On top of a 7.0% reduction in sales numbers this week to land at 132 homes sold over the last 30 days, the Royal Oak market still shows a persistent trend downward overall. Prices are falling in Royal... Read More »

The Royal Oak market stayed sluggish with 138 homes sold in the last 30 days, a 13.2% sales drop. Prices are falling in Royal Oak, and this period the median price of all sales fell from $230,000 to $... Read More »

Royal Oak has a population that is older than most in Michigan with a median age of 37 years. Also, it's very affluent with a median income of $53,426 per household. The two zip codes with the largest... Read More »

407 W 12 Mile Road Map

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407 W 12 Mile Rd, Royal Oak, MI 48073US
407 W 12 Mile Rd is located in Royal Oak, MI. At this time, the property has an estimated value of $237,100 and yearly taxes of $2,362. This home has 4 bedrooms, 1 bathroom, and approximately 1,632 sqft of living space. The property was built in 1926. Similar homes nearby have 4 bedrooms, 1 bath and sell for around $225,000. Cpt Mika Cowper, Brad Bell, and Thomas J Drealan are Homesnap Local Experts in and around Royal Oak.
©2016 Homesnap 1-800-431-5509 School data and housing market data is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
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