HOW OFTEN DO YOU FIND A TRUE 6 BEDROOM HOME WITH 4 FULL BATHS AS A RESIDENCE FOR MANY PEOPLE? MECHANICALS ARE IN GREAT SHAPE INCLUDING 2 NEWER FURNACES, 2 NEWER A/C UNITS, 2 NEWER HOT WATER TANKS, AND 1 NEWER WHOLE HOUSE GENERATOR. THIS HOME WAS PREVIOUSLY THE "CHERRY OAK INN ASSISSTED LIVING" AND STILL HAS GREAT OPPORTUNITY TO CONTINUE AS ASSISTED LIVING BUSINESS, GROUP HOME, OR HOSPICE CARE. OFFERING 8 BEDS WITH INCOME POTENTIAL OF $28,000-$35,000 PER MONTH. LOCATED IN A GREAT AREA OF ROYAL OAK. LAND CONTRACT TERMS AVAILABLE
Sold for $400,000
$400,000
828 Cherry Ave, Royal Oak, MI 48073
6beds
2,570sqft
SingleFamily
Built in 1943
0.25 Acres Lot
$525,400 Zestimate®
$156/sqft
$3,558 Estimated rent
Home value
$525,400
$478,000 - $583,000
$3,558/mo
Zestimate® history
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$3,558/mo
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$2,596/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Microwave
Features
- Furnished
- Basement: Partially finished
Interior area
- Total interior livable area: 2,570 sqft
Property
Features
- Patio & porch: Deck
- Exterior features: Vinyl, Brick
- Frontage length: Frontage Feet: 56
Lot
- Size: 0.25 Acres
Details
- Additional structures: Shed(s)
- Parcel number: 2509453011
- Special conditions: Sale
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
Materials
- Roof: Asphalt
Condition
- Year built: 1943
Utilities & green energy
- Gas: Natural Gas
- Sewer: Sewer at Street
- Water: Municipal Water
Community & HOA
Location
- Region: Royal Oak
Financial & listing details
- Price per square foot: $156/sqft
- Tax assessed value: $473,600
- Annual tax amount: $5,327
- Exclusions: No Exclusions
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2023 | Sold | $400,000-14%$156/sqft |
Source: Public Record Report a problem | ||
| 4/29/2023 | Listing removed | -- |
Source:  MiRealSource #40128570 Report a problem | ||
| 4/29/2021 | Pending sale | $465,000$181/sqft |
Source:  Realcomp II #2200096015 Report a problem | ||
| 12/5/2020 | Listed for sale | $465,000$181/sqft |
Source: KW Metro #2200096015 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $236,800 +6.1% |
| 2023 | -- | $223,190 +5.8% |
| 2022 | -- | $211,040 +22.2% |
| 2021 | -- | $172,680 +1% |
| 2020 | -- | $170,970 +9.7% |
| 2019 | -- | $155,850 +10.8% |
| 2018 | -- | $140,720 |
| 2017 | -- | $140,720 +21.7% |
| 2015 | -- | $115,660 +2.6% |
| 2014 | -- | $112,700 +12.3% |
| 2011 | -- | $100,330 -1.3% |
| 2010 | $4,036 -0.2% | $101,700 -11.6% |
| 2009 | $4,046 +30.5% | $115,040 -45.6% |
| 2005 | $3,101 | $211,470 +51.9% |
| 2003 | -- | $139,200 +14.4% |
| 2002 | -- | $121,630 +92.9% |
| 2001 | $3,052 +2.7% | $63,050 +3.2% |
| 2000 | $2,972 | $61,100 |
Find assessor info on the county website
Neighborhood: 48073
Nearby homes
- $363,9003 bd2 ba1.3k sqft822 Cherry Ave, Royal Oak, MI 48073Off Market
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- $355,0003 bd2 ba1.6k sqft812 Cherry Ave, Royal Oak, MI 48073Sold
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- $336,6003 bd3 ba1.2k sqft811 W Twelve Mile Rd, Royal Oak, MI 48073Off Market
Nearby schools
GreatSchools rating
- 10/10Northwood Elementary SchoolGrades: K-5Distance: 0.1 mi
- 7/10Royal Oak Middle SchoolGrades: 6-8Distance: 0.7 mi
- 9/10Royal Oak High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- District: Royal Oak
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$525,400
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
$525,400
- Michigan
- Oakland County
- Royal Oak
- 48073
- 828 Cherry Ave
Nearby cities
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