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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.

Property History

DateEventSourcePrice

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
76
Fairly Healthy

249

$250,000

49

1.7

Median Sales Price
$206,000
-7.4%
Sales (30 Days)
146
-36.5%

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

In this week's report, the number of homes sold in the Royal Oak market fell to 168 over the past 30 days. It marked a decrease of 7.7% from last week's report and another period below the monthly ave... Read More »

The Royal Oak remained below its 12-month average sales volume this week as sales fell 15.5% to hit 175 homes sold over the last 30 days. The median sales price dropped to $210,000 over the latest rep... Read More »

The population of Royal Oak is growing about even with the rest of Michigan, at a 10-year growth rate of -4.6%. It's a larger than average city compared to the rest of the state, with 57,236 residents... Read More »

407 W 12 Mile Road Mortgage Information

$237k
$47.4k
3.81%
$885

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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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. Suzan Ferrell, Brad Bell, 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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