Sold
515 Potter Avenue, Royal Oak, MI 48067
Sold on 05/18/2026 for$495,000
MLS # 20261025092 (Realcomp)
3 beds2 baths1,983 sqftBuilt 19410.26 acres
1 / 54
Listing Description
Welcome Home to this beautiful 3 bedroom, 2 bath, updated 1940’s bungalow nestled in the heart of Royal Oak! The moment you walk through the door you will be greeted by endless warmth and original charm. Step inside to the living room where sunlight pours in and the natural fireplace creates the perfect cozy focal point. The updated kitchen features granite counters, tile floors and stainless steel appliances including a gas stove. Just off the living area you will find a bright airy sunroom which could be used as a secondary formal dining area, play area, or office space! On the main floor, you will also find 2 bedrooms, and an updated full bath with a walk-in shower with full tile surround. Upstairs, you are greeted by an oversized primary retreat featuring ample closet space, a proper sitting area and a private updated full bath. A partially finished basement with rec space, laundry with front load washer/dryer and storage room complete the additional lower level living space. Step outdoors to the beautifully landscaped backyard with a detached 2 car garage.. Just steps away from charming downtown Royal Oak! Updated ac, roof, windows, siding, furnace, HVAC, and whole house generator are a few of the bonuses! Across the street from Whittier park featuring pickle ball and basketball courts, play structure, and soccer fields. A must see!
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 1,983 sq ft home built in 1941 sits in Royal Oak in Royal Oak.
Closed at $495,000 (about $250/sq ft).
Property tax estimate: $7,197 per year ($600/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 SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,983 sqft
Lot Size0.26 acres
Year Built1941
Stories2
Location
CityRoyal Oak
MunicipalityRoyal Oak City
Zip Code48067
CountyOakland
School DistrictCity of Royal Oak
Construction & Systems
ConstructionVinyl Siding
BasementPartial
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Partially Finished
Sale & Financing
Listed4/15/2026
Sold Date5/17/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$2,682
State Equalized Value$192,970
Taxable Value$91,920
Parcel #2515379024
Source: Public Records
Legal Description
T1N, R11E, SEC 15 FRANK W SIMON SUB LOTS 16 & 17
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by John Farhat
Good Company
Frequently Asked Questions about 515 Potter Avenue, Royal Oak, MI 48067
What school district is 515 Potter Avenue, Royal Oak, MI 48067 in?
Per MLS# 20261025092, 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 515 Potter Avenue, Royal Oak, MI 48067?
Per MLS# 20261025092, 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# 20261025092, the most recent reported annual property tax for 515 Potter Avenue, Royal Oak, MI 48067 is $2,682. 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 515 Potter Avenue, Royal Oak, MI 48067 eligible for USDA financing?
Per USDA Rural Development boundary data, 515 Potter 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, 515 Potter 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.
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$7,197
Monthly$600
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$3,512
Principal & interest$2,912
Property taxes$600
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
515 Potter Avenue, Royal Oak, MI 48067
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Municipality
Royal Oak
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County
Oakland County
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