Sold
716 Magnolia Avenue, Royal Oak, MI 48073
Sold on 07/11/2025 for$650,000
MLS # 20251003227 (Realcomp)
3 beds3 baths2,391 sqftBuilt 19220.28 acres
1 / 66
Listing Description
*HIGHEST AND BEST OFFERS by Monday at 10AM.* House will be shown through Sunday at 6pm. Stunning Remodeled Home in Prime Royal Oak Location! Welcome to this gorgeous 3-bedroom, 2.5-bathroom home just off the coveted Vinsetta Boulevard in Royal Oak. Completely remodeled starting with the manicured front yard, to the high-end finishes throughout this home, it seamlessly blends modern updates with timeless charm. Step inside to find a bright, open-concept living space, perfect for entertaining or just relaxing with family. The updated kitchen features sleek cabinetry, premium appliances, and beautiful Quartz countertops, the living area has a electric start gas fire place, built in premium 7.2 speaker system and wet bar with refrigerator. Step outside to your private backyard featuring a sprawling trex deck, perfect for summer gatherings, and a sparkling heated endless pool to enjoy cold or warm Michigan days. A rare perk, the property also includes a fully functional workshop or man/woman cave in the back area of the yard, and a versatile bonus room located above the garage with a mini split for heat/AC - ideal for a home office, kids playhouse, or guest suite. The garage is prepped for electric car charging. Located near top-rated Royal Oak schools, parks, and all the dining, shopping, and entertainment that downtown Royal Oak has to offer. Less than a minute walk to the park. Don't miss out on this move-in-ready Gem!
Source: SparkMLS
About this home
Located in Royal Oak in Royal Oak, this property offers 3-bedroom, 3-bath, 2,391 sq ft, with original construction dating to 1922.
This home sold for $650,000 (about $272/sq ft).
Estimated annual property tax: $7,705, or about $642 monthly. 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. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 10 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms3
Living Area2,391 sqft
Lot Size0.28 acres
Year Built1922
Stories2
Location
CityRoyal Oak
MunicipalityRoyal Oak City
Zip Code48073
CountyOakland
School DistrictCity of Royal Oak
Construction & Systems
ConstructionOther
BasementCrawl Space, Partial
Garage1.5 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Partially Finished, Generator, Wet Bar
Sale & Financing
Listed6/2/2025
Sold Date7/10/2025
Terms AcceptedCash, Conventional, FHA
Source: SparkMLS
Tax Information
Annual Tax$6,217
State Equalized Value$206,590
Taxable Value$166,010
Parcel #2509403016
Source: Public Records
Legal Description
T1N, R11E, SEC 9 FOREST HEIGHTS SUB LOT 280 & W 10 FT OF LOT 281
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Joseph Lamerson
Opul Realty
Frequently Asked Questions about 716 Magnolia Avenue, Royal Oak, MI 48073
Which school district serves 716 Magnolia Avenue, Royal Oak, MI 48073?
Per MLS# 20251003227, 716 Magnolia Avenue, Royal Oak, MI 48073 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.
Can I use FHA or VA financing for this property?
Per MLS# 20251003227, this listing accepts Cash, Conventional, FHA financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 716 Magnolia Avenue, Royal Oak, MI 48073?
Per public tax records, annual property taxes for this property are $6,217. 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, 716 Magnolia 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.
Is 716 Magnolia Avenue, Royal Oak, MI 48073 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 716 Magnolia Avenue, Royal Oak, MI 48073. The maximum advertised download speed is 5.0 Gbps. 10 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 716 Magnolia Avenue, Royal Oak, MI 48073?
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$7,705
Monthly$642
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$4,209
Principal & interest$3,567
Property taxes$642
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
716 Magnolia Avenue, Royal Oak, MI 48073
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Municipality
Royal Oak
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County
Oakland County
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