Sold for $999,000

$999,000

400 Fairgrove Ave, Royal Oak, MI 48067

4beds

2,950sqft

Single Family Residence

Built in 2023

5,227 Square Feet Lot

$994,500 Zestimate^®

$339/sqft

$5,813 Estimated rent

Home value

$994,500

$935,000 - $1.04M

$5,813/mo

Zestimate^® history

Owner options

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$5,813/mo

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$5,813/mo

Rent Zestimate^®

Refinance and save

$6,432/mo

Est. payment

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$6,432/mo

Est. payment

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What's special

Giant islandPrimary suiteLight-filled great roomSophisticated studyExpansive bathroomWhite cabinetsElevated ceilings

Stunning new construction by Ideal Builders & Remodeling to be completed October 2023. Just steps to the action of downtown Royal Oak. Sprawling open floor plan spreading 2,850 square feet of impeccable living space. This dream home features a light-filled great room opening up to an entertainer's dream of a kitchen with giant island, white cabinets, walk-in butler's pantry, and quartz countertops. Sophisticated study with designer wainscoting, and french glass doors opening into the wide foyer. Primary suite boasts elevated ceilings and an expansive bathroom, featuring a spa-like shower, free-standing bathtub, dual vanities, and separate water closet. Second floor laundry room for convenience, plus custom landscaping and sprinklers. Basement with 9' ceilings prepped for a future full bathroom. The second picture displays the current status of the home.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Forced Air, Natural Gas

Features

Basement: Interior Entry,Unfinished
Has fireplace: Yes
Fireplace features: Gas, Great Room

Interior area

Total interior livable area: 2,950 sqft
Finished area above ground: 2,950

Property

Parking

Total spaces: 2
Parking features: Two Car Garage, Detached
Garage spaces: 2

Features

Levels: Two
Stories: 2
Entry location: GroundLevelwSteps
Patio & porch: Patio, Porch
Exterior features: Lighting
Pool features: None
Fencing: Back Yard

Lot

Size: 5,227 Square Feet
Dimensions: 40.00 x 137.00
Features: Sprinklers

Details

Parcel number: 2515376017
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial
Property subtype: Single Family Residence

Materials

Other
Foundation: Basement, Poured
Roof: Asphalt

Condition

New construction: No
Year built: 2023

Details

Warranty included: Yes

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: R C JACOBS SUB

HOA

Has HOA: No

Location

Region: Royal Oak

Financial & listing details

Price per square foot: $339/sqft
Tax assessed value: $73,350
Annual tax amount: $4,096
Date on market: 2/28/2023
Cumulative days on market: 220 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Exclusions: Exclusion(s) Do Not Exist

Price history

Date	Event	Price
10/6/2023	Sold	$999,000$339/sqft
Source: Realcomp II #20230012820 Report a problem
10/6/2023	Pending sale	$999,000$339/sqft
Source: Realcomp II #20230012820 Report a problem
3/1/2023	Listed for sale	$999,000+399.5%$339/sqft
Source: Realcomp II #20230012820 Report a problem
6/30/2022	Sold	$200,000+20.5%$68/sqft
Source: Public Record Report a problem
1/7/2005	Sold	$166,000+67.7%$56/sqft
Source: Public Record Report a problem
5/22/1996	Sold	$99,000$34/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$371,280 +9.6%
2024	--	$338,640 +438.3%
2023	--	$62,910 -44.6%
2022	--	$113,470 +8.1%
2021	--	$104,940 +5.8%
2020	--	$99,160 +3.7%
2019	--	$95,580 -2.4%
2018	--	$97,980
2017	--	$97,980 +22.7%
2015	--	$79,850 +9.1%
2014	--	$73,200 +8.3%
2011	--	$67,610 -2.2%
2010	$3,540 -16.2%	$69,110 -16.3%
2009	$4,226 +52.3%	$82,560 -51.2%
2005	$2,775	$169,180 +103.5%
2003	--	$83,150 +13.6%
2002	--	$73,180 +54.1%
2001	$1,682 +2.4%	$47,480 +3.2%
2000	$1,642	$46,010