Sold
505 Chambers Street, Royal Oak, MI 48067
Sold on 09/15/2025 for$349,900
MLS # 20251018342 (Realcomp)
3 beds2 baths1,416 sqftBuilt 19240.09 acres
1 / 36
Listing Description
Welcome to this beautifully maintained 3-bedroom, 1.1-bath Colonial that blends timeless character with thoughtful updates; and just steps from the heart of downtown Royal Oak. With 1,400+ square feet of living space, this home places you within walking distance of the Farmers Market, Flea Market, library, theaters, restaurants, and boutique shops - offering a vibrant, car-free lifestyle. Step inside to a spacious living room, formal dining room, and an updated kitchen featuring a newer range (2022) and Bosch dishwasher (2019). An additional flex room off the kitchen can be tailored to your needs, whether as a pantry, mudroom, home office, or kids’ playroom. Fresh interior paint in 2025 adds a crisp, welcoming feel throughout. Upstairs, you’ll find two generously sized bedrooms - rare in this neighborhood - and a updated bathroom. The home also includes a fully waterproofed basement (2020), offering excellent storage or potential for future finishing. Additional upgrades include a new electrical panel (2020) and new water heater (2020), giving peace of mind for years to come. Outside, the private backyard is a hidden retreat, fully fenced with a large patio, a lot of green space, and a pond. It's the perfect setting for summer nights with friends and family, offering the feel of a vacation getaway without ever leaving home. This move-in ready gem has room to grow and is perfectly situated for enjoying all Royal Oak has to offer. Your home is more than an address - it’s a lifestyle that reflects who you are. Welcome home.
Source: SparkMLS
About this home
3-bedroom, 2-bath, 1,416 sq ft home in Royal Oak in Royal Oak built in 1924.
Final sale price: $349,900 (about $247/sq ft).
Property tax estimate: $4,850 per year ($404/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 10 providers. Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Tour
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,416 sqft
Lot Size0.09 acres
Year Built1924
Stories2
Location
CityRoyal Oak
MunicipalityRoyal Oak City
Zip Code48067
CountyOakland
School DistrictCity of Royal Oak
Construction & Systems
ConstructionVinyl Siding
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed7/22/2025
Sold Date9/14/2025
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$4,004
State Equalized Value$130,050
Taxable Value$74,150
Parcel #2515377007
Source: Public Records
Legal Description
T1N, R11E, SEC 15 HAMMOND SUB LOT 2
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Kenneth Lin
RE/MAX Showcase Homes
Frequently Asked Questions about 505 Chambers Street, Royal Oak, MI 48067
What school district is 505 Chambers Street, Royal Oak, MI 48067 in?
Per MLS# 20251018342, 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 505 Chambers Street, Royal Oak, MI 48067?
Per MLS# 20251018342, 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# 20251018342, the most recent reported annual property tax for 505 Chambers Street, Royal Oak, MI 48067 is $4,004. 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 505 Chambers Street, Royal Oak, MI 48067 eligible for USDA financing?
Per USDA Rural Development boundary data, 505 Chambers Street, 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, 505 Chambers Street, 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 505 Chambers Street, 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$4,850
Monthly$404
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
$
%
$
$
$
Monthly payment$2,674
Principal & interest$2,269
Property taxes$404
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
505 Chambers Street, Royal Oak, MI 48067
View full property history →
Municipality
Royal Oak
View all listings →
County
Oakland County
View county overview →
Get email alerts for new listings near 505 Chambers Street
We'll notify you when something hits the market in Royal Oak or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.