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Sold for $251,000
  • $251,000

    500 Fairgrove Ave, Royal Oak, MI 48067

    2beds
    982sqft
    Single Family Residence
    Built in 1917
    5,227 Square Feet Lot
    $294,200 Zestimate®
    $256/sqft
    $1,882 Estimated rent

    Home value

    $294,200

    $277,000 - $315,000

    $1,882/mo

    Zestimate® history
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    What's special

    A perfect downtown location and fully updated home in 2023 with brand new Roof w/ 30 Year Warranty, High Efficiency Furnace w/ Humidifier, new Chimney Liner and new Water Heater make this one of Royal Oak's more unique and attractive offerings. Just 2 blocks from 11 Mile & Main, your short walk to town puts you in easy reach of all of the city’s shopping, dining and entertainment venues without the hassle of in-town parking. This 2BR ranch home features a large, open LR and DR, a generous Master BR with a full wall of closets, a roomy Bath, vintage white oak and ceramic flooring throughout, and a lovely covered Front Porch to enjoy 3 seasons outdoors. Laundry is in the basement, and the shaded rear yard houses a sturdy 2+ car concrete block Garage with electric power and door opener. Fairgrove Ave. is a short, quiet street at the entrance to downtown with only 28 homes and no through traffic. It's a fantastic spot to buy -- its many new builds will always safeguard your investment dollar. Seller is a licensed realtor.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian J McClory 248-556-7637,

    Sine & Monaghan, LLC

    Bought with:

    Lori A Morrison, 6501402124

    O'Connor Realty Detroit, LLC

    Source: Realcomp II,MLS#: 20230056978MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Ceiling Fans, Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Free Standing Gas Range, Free Standing Refrigerator, Washer
    Features
    • Programmable Thermostat
    • Basement: Interior Entry,Partial,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 982 sqft
    • Finished area above ground: 982

    Property

    Parking
    • Total spaces: 2
    • Parking features: Two Car Garage, Detached
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: GroundLevelwSteps
    • Patio & porch: Covered, Porch
    • Exterior features: Chimney Caps, Gutter Guard System, Lighting
    • Pool features: None
    • Fencing: Back Yard
    Lot
    • Size: 5,227 Square Feet
    • Dimensions: 40.00 x 137.00
    Details
    • Parcel number: 2515376011
    • Special conditions: Agent Owned,Short Sale No

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Raised Ranch
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding
    • Foundation: Basement, Block, Crawl Space
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1917
    • Major remodel year: 2023

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Above Ground Utilities, Cable Available

    Community & HOA

    Community
    • Security: Carbon Monoxide Detectors, Smoke Detectors
    • Subdivision: AUSTIN'S SUB
    HOA
    • Has HOA: No
    Location
    • Region: Royal Oak

    Financial & listing details

    • Price per square foot: $256/sqft
    • Tax assessed value: $76,290
    • Annual tax amount: $4,261
    • Date on market: 7/21/2023
    • Cumulative days on market: 54 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,Warranty Deed
    • Exclusions: Exclusion(s) Do Not Exist

    Price history

    DateEventPrice
    9/29/2023Sold$251,000-11.9%$256/sqft
    Source: Realcomp II #20230056978 Report a problem
    9/13/2023Pending sale$284,900$290/sqft
    Source: Realcomp II #20230056978 Report a problem
    7/21/2023Listed for sale$284,900+227.5%$290/sqft
    Source: Realcomp II #20230056978 Report a problem
    5/19/2008Sold$87,000-2.4%$89/sqft
    Source: MiRealSource #300894 Report a problem
    4/17/2007Sold$89,165-44.1%$91/sqft
    Source: Public Record Report a problem
    12/30/2005Sold$159,650$163/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $130,720 +8.3%
    2024-- $120,730 +4%
    2023-- $116,070 +7.2%
    2022-- $108,320 +9.2%
    2021-- $99,200 +1.2%
    2020-- $97,980 +7%
    2019-- $91,550 +5%
    2018-- $87,170
    2017-- $87,170 +21.1%
    2015-- $71,970 +6.6%
    2014-- $67,520 +4.4%
    2011-- $64,680 -2.1%
    2010$3,332 -0.3%$66,090 +1.3%
    2009$3,341 +62.8%$65,260 -48.2%
    2005$2,052 $125,930 +59.2%
    2003-- $79,100 +13.5%
    2002-- $69,720 +67.1%
    2001$2,020 +2.7%$41,720 +3.2%
    2000$1,967 $40,430
    Find assessor info on the county website

    Neighborhood: 48067

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $294,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $294,200