Sold
4240 Mandalay Avenue, Royal Oak, MI 48073
Sold on 08/01/2025 for$285,000
MLS # 20251017704 (Realcomp)
3 beds2 baths1,052 sqftBuilt 19490.19 acres
1 / 25
Listing Description
Welcome home to this beautifully maintained 3 bedroom, 1.5 bath bungalow featuring an updated kitchen with modern appliances and a comfortable, functional layout. Nestled in a sought-after neighborhood known for its friendly community, just steps from local parks, schools, shopping, dining, and easy commuting routes — this home offers convenience and charm in one perfect package. Other updates include new furnace (2023), central air (2023), and hot water tank (2023) and new vinyl siding (2021). *Open house Sunday 7/20 1-3pm*Don't miss this rare opportunity to own a move-in-ready home in one of the area's most desirable neighborhoods!
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 1,052 sq ft home built in 1949 sits in Royal Oak in Royal Oak.
Closed at $285,000 (about $271/sq ft).
Property tax estimate: $4,980 per year ($415/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers. Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,052 sqft
Lot Size0.19 acres
Year Built1949
Stories2
Location
CityRoyal Oak
MunicipalityRoyal Oak City
Zip Code48073
CountyOakland
School DistrictCity of Royal Oak
Construction & Systems
ConstructionVinyl Siding
Garage1 space
HeatingForced Air
SewerPublic
Sale & Financing
Listed7/16/2025
Sold Date7/31/2025
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$4,218
State Equalized Value$133,520
Taxable Value$112,630
Parcel #2506283004
Source: Public Records
Legal Description
T1N, R11E, SEC 6 MAPLE CREST SUB LOT 240
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Donnie Worthington
Remerica United Realty
Frequently Asked Questions about 4240 Mandalay Avenue, Royal Oak, MI 48073
What school district is 4240 Mandalay Avenue, Royal Oak, MI 48073 in?
Per MLS# 20251017704, this property is served by City of Royal Oak. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 4240 Mandalay Avenue, Royal Oak, MI 48073?
Per MLS# 20251017704, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20251017704, the most recent reported annual property tax for 4240 Mandalay Avenue, Royal Oak, MI 48073 is $4,218. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 4240 Mandalay Avenue, Royal Oak, MI 48073 eligible for USDA financing?
Per USDA Rural Development boundary data, 4240 Mandalay Avenue, Royal Oak, MI 48073 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 4240 Mandalay Avenue, Royal Oak, MI 48073 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is fiber internet available at 4240 Mandalay Avenue, Royal Oak, MI 48073?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$4,980
Monthly$415
Millage rate37.2947 mills
Municipality: CITY OF ROYAL OAK
School district: FERNDALE CITY SCHOOL DIST
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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%
$
$
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Monthly payment$2,360
Principal & interest$1,945
Property taxes$415
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4240 Mandalay Avenue, Royal Oak, MI 48073
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Municipality
Royal Oak
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County
Oakland County
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