For Sale
502 W Houstonia Avenue, Royal Oak, MI 48073
$179,900
MLS # 20261042164 (Realcomp)
2 beds1 bath814 sqftBuilt 1954
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Listing Description
Welcome home to this well maintained & freshly remodeled townhouse style condo in the heart of Royal Oak! Close to downtown, parks, shopping, schools & more. The condo features natural hardwood floors throughout, wet plaster walls & coved ceilings in living & dining rooms. Unfinished basement with laundry & utilities and plenty of space to make your own. Updates include: Refinished hardwood floors throughout - 2026, New countertops, backsplash, shaker cabinets, large farmhouse style sink, dishwasher & microwave- 2026, New Bathroom vanity & vinyl plank flooring in bathroom & kitchen- 2026, New roof - 2026, Newer furnace & A/C. HOA dues include water, trash, maintenance of the grounds including snow removal and lawn care. HOA does have rental restrictions. Unit has 1 assigned parking space. New dishwasher & Microwave to be installed prior to final closing. Buyers agent to verify all info. Contact Ben Rondot with any questions!
Source: SparkMLS
About this home
2-bedroom, 1-bath, 814 sq ft home in Royal Oak in Royal Oak built in 1954.
Currently offered at $179,900 (about $221/sq ft).
Property tax estimate: $2,903 per year ($242/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms1
Living Area814 sqft
Year Built1954
Stories2
Location
CityRoyal Oak
MunicipalityRoyal Oak City
Zip Code48073
CountyOakland
School DistrictCity of Royal Oak
Construction & Systems
ConstructionBrick, Vinyl Siding
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/7/2026
Original Price$190,000
Terms AcceptedCash, Conventional, FHA, VA Loan
HOA
HOA Fee$300 / Monthly
IncludesTrash, Water
Source: SparkMLS
Tax Information
Annual Tax$3,272
State Equalized Value$77,830
Taxable Value$58,990
Parcel #2509408034
Source: Public Records
Legal Description
T1N, R11E, SEC 9 OAKLAND COUNTY CONDOMINIUM PLAN NO 51 MARYWOOD TERRACES BLDG A, APT 5 L 5797 P 554
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Benjamin Rondot
EXP Realty Main
Frequently Asked Questions about 502 W Houstonia Avenue, Royal Oak, MI 48073
What school district is 502 W Houstonia Avenue, Royal Oak, MI 48073 in?
Per MLS# 20261042164, 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.
Can I use FHA or VA financing for this property?
Per MLS# 20261042164, 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# 20261042164, the most recent reported annual property tax for 502 W Houstonia Avenue, Royal Oak, MI 48073 is $3,272. 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 502 W Houstonia Avenue, Royal Oak, MI 48073 eligible for USDA financing?
Per USDA Rural Development boundary data, 502 W Houstonia 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, 502 W Houstonia 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.
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. Water: 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$2,903
Monthly$242
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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Monthly payment$1,709
Principal & interest$1,167
Property taxes$242
HOA$300
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
502 W Houstonia Avenue, Royal Oak, MI 48073
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Municipality
Royal Oak
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County
Oakland County
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