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407 W 12 Mile Road Royal Oak, MI 48073

$207,145
LOW
$243,700 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$280,255
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$243,700Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
4
AC
Yes
Payment Estimate
--
Baths Full
1
Heating
Forced Air
Rent Estimate
$1,710Estimated monthly rental price, based on a proprietary formula.
Baths Half
--
Basement
Yes
Tax Estimate
$1,840Estimated property taxes paid on an annual basis.
Sq Ft
1,632
Foundation
Crawlspace
 HomeScore
35A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
0.14
Roof
Asphalt
 InvestorScore
33A 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
--
Fireplaces
1
Last Sale Date
--
Style
--
Parking
Garage
Last Sale Price
--
Year Built
1926
Parking Spaces
2

407 W 12 Mile Road is located in Royal Oak, MI. At this time, the property has an estimated value of $243,700 and yearly taxes of $1,840. 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 $250,000.

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
89
Healthy

68

$304,500

84

2.3

Median Sales Price
$164,250
-17.9%
Sales (30 Days)
30
-21.1%

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

There were 31 home sales in the Royal Oak market over the last 30 days. Prices are falling in Royal Oak, and this period the median price of all sales fell from $178,000 to $174,000. The rising sales... Read More »

The Royal Oak market stayed soft this week as sales dropped 21.6% to land at 29 homes sold over the last 30 days. Prices are falling in Royal Oak, and this period the median price of all sales fell fr... Read More »

Royal Oak is a very affluent city in Michigan with a median income of $53,426 per household. The population is also considered older than most with a median age of 37 years. 48073 and 48067 are the tw... Read More »

407 W 12 Mile Road Mortgage Information

$244k
$48.8k
3.81%
$910

The typical purchase scenario above assumes a credit score of 720 or higher and a 20% cash down payment on a 30-year fixed-rate mortgage. Visit the free and anonymous Homesnap Mortgage Market to check rates and customize a mortgage for your scenario.

407 W 12 Mile Road Map

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Century 21 Town & Country
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Coldwell Banker Town & Country
Snapped 2 homes in this area

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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 $243,700 and yearly taxes of $1,840. 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 $250,000. Sandra Wittenberg, Suzan Ferrell, and Rachele Evers 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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