Sold
503 N WASHINGTON Avenue, Royal Oak, MI 48067
Sold on 06/04/2025 for$305,000
MLS # 20250034210 (Realcomp)
2 beds3 baths1,339 sqftBuilt 19220.15 acres
1 / 51
Listing Description
This charming Craftsman-style gem is just a short stroll from the unbeatable dining, shopping, and nightlife of downtown Royal Oak and is the perfect blend of character and modern updates. Imagine living just steps from your favorite coffee shops, boutiques, and top-rated restaurants—this is city living with a cozy neighborhood vibe! Buy for yourself or buy as an investment property in this high- demand neighborhood with an abundance of newly built homes. Step inside to find gorgeous blonde hardwood floors flowing through the sunlit living and dining areas. Work from home in th spacious first-floor office or easily convert it into a third bedroom! The kitchen is updated with stainless steel appliances and newer cabinetry, and both bathrooms have been renovated.Enjoy relaxing on the huge three-seasons room front porch, or the private back porch. First-floor laundry and generous storage make life easy. Upstairs, you’ll find two oversized bedrooms—each with two walk-in closets!You can’t beat this prime Royal Oak location. Walk to everything. Live in the middle of it all. BATVAI
Source: SparkMLS
About this home
2-bedroom, 3-bath, 1,339 sq ft home in Royal Oak in Royal Oak built in 1922.
Final sale price: $305,000 (about $228/sq ft).
Estimated annual property tax: $6,291, or about $524 monthly. 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 10 providers. Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms3
Living Area1,339 sqft
Lot Size0.15 acres
Year Built1922
Stories2
Location
CityRoyal Oak
MunicipalityRoyal Oak City
Zip Code48067
CountyOakland
School DistrictCity of Royal Oak
Construction & Systems
ConstructionBrick, Vinyl Siding
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed5/14/2025
Sold Date6/3/2025
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$5,953
State Equalized Value$168,690
Taxable Value$102,590
Parcel #2516476029
Source: Public Records
Legal Description
T1N, R11E, SEC 16 WILLSON PARK SUB LOTS 1 & 2 BLK E
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Elizabeth L Schlum
Max Broock, REALTORS®-Birmingham
Frequently Asked Questions about 503 N WASHINGTON Avenue, Royal Oak, MI 48067
What school district is 503 N WASHINGTON Avenue, Royal Oak, MI 48067 in?
Per MLS# 20250034210, 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 503 N WASHINGTON Avenue, Royal Oak, MI 48067?
Per MLS# 20250034210, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20250034210, the most recent reported annual property tax for 503 N WASHINGTON Avenue, Royal Oak, MI 48067 is $5,953. 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 503 N WASHINGTON Avenue, Royal Oak, MI 48067 eligible for USDA financing?
Per USDA Rural Development boundary data, 503 N WASHINGTON Avenue, Royal Oak, MI 48067 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, 503 N WASHINGTON Avenue, Royal Oak, MI 48067 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 503 N WASHINGTON Avenue, Royal Oak, MI 48067?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 5.0 Gbps. 10 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. 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$6,291
Monthly$524
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$2,470
Principal & interest$1,946
Property taxes$524
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
10 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
503 N WASHINGTON Avenue, Royal Oak, MI 48067
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Municipality
Royal Oak
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County
Oakland County
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