For Sale
516 S Laurel Street, Royal Oak, MI 48067
$380,000
MLS # 20261053445 (Realcomp)
4 beds2 baths1,474 sqftBuilt 19160.14 acres
1 / 47
Listing Description
GREAT OPPORTUNITY TO LIVE IN HENDRIE BOULEVARD SUB; THIS SUB IS SO CONVENIENT TO EVERYTHING DOWNTOWN ROYAL OAK HAS TO OFFER INCLUDING SHOPPING, DINING AND EXPRESSWAYS. THE LOT IS 50x120; THERE IS ROOM FOR EXPANSION AND A PERFECT OPPORTUNITY TO PERSONALIZE THIS HOME TO MAKE IT YOUR VERY OWN. THIS 3-STORY CRAFTSMAN HOME WAS BUILT IN 1916 AND EXUDES CHARACTER AND CHARM, ENJOY THE SCREENED FRONT PORCH AND THE ENCLOSED BACK PORCH. ORIGINAL WOODWORK IN MANY ROOMS WITH EXPOSED HARDWOOD FLOORS AND BEAUTIFUL HARDWOOD STAIRCASE. PELLA WINDOWS (15) INSTALLED IN THE HOME. LIVING ROOM WITH BUILT-IN BOOKCASES AND NATURAL FIREPLACE. EXTERIOR CEDAR SIDING RECENTLY EXPOSED AND REPAINTED. 3RD FLOOR WALK-UP ATTIC IS UNFINISHED AND EASILY CONVERTED TO ADDITIONAL LIVING SPACE.
Source: SparkMLS
About this home
This 4-bedroom, 2-bath, 1,474 sq ft home built in 1916 sits in Royal Oak in Royal Oak.
Listed at $380,000 (about $258/sq ft).
Property tax estimate: $6,577 per year ($548/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
Bedrooms4
Bathrooms2
Living Area1,474 sqft
Lot Size0.14 acres
Year Built1916
Stories3
Location
CityRoyal Oak
MunicipalityRoyal Oak City
Zip Code48067
CountyOakland
School DistrictCity of Royal Oak
Construction & Systems
Garage2.5 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed7/12/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$4,798
State Equalized Value$176,340
Taxable Value$125,160
Parcel #2521211022
Source: Public Records
Legal Description
T1N, R11E, SEC 21 HENDRIE BLVD SUB LOT 114, ALSO 1/2 OF VAC ALLEY ADJ TO SAME
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Donald R Grieser
Max Broock, REALTORS®-Birmingham
Frequently Asked Questions about 516 S Laurel Street, Royal Oak, MI 48067
Which school district serves 516 S Laurel Street, Royal Oak, MI 48067?
Per MLS# 20261053445, 516 S Laurel Street, Royal Oak, MI 48067 is in the City of Royal Oak boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact City of Royal Oak directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20261053445, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 516 S Laurel Street, Royal Oak, MI 48067?
Per public tax records, annual property taxes for this property are $4,798. 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 516 S Laurel Street, Royal Oak, MI 48067 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 516 S Laurel Street, Royal Oak, MI 48067 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 516 S Laurel Street, Royal Oak, MI 48067?
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.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$6,577
Monthly$548
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$3,013
Principal & interest$2,465
Property taxes$548
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
516 S Laurel Street, Royal Oak, MI 48067
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Municipality
Royal Oak
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County
Oakland County
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