1516 Hoffman Avenue

About this home

Don’t miss this turn-key bungalow tucked away between downtown Royal Oak and 11 Mile with easy access to I-696 and everything downtown has to offer. You are welcomed into the home through the covered porch featuring new walkway/steps, front door and porch posts. Step inside to countless updates including a freshly renovated bathroom with marble floors, updated kitchen with quartzite counters and all stainless steel appliances, new windows, trim and light fixtures. The basement offers a partially finished area with brand new carpet and a clean laundry/storage room with recently epoxy coated floor. A/C and Furnace are 5 years old, new pex plumbing. Great combination of charm, location and updates.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Royal Oak

Over the last 90 days, 257 homes sold in Royal Oak for a median of $350,000, about $206 per square foot, and the typical one went under contract in 12 days. This home is listed at $359,900, or $240 per square foot, 17% above the city median, and has been on the market 136 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Royal Oak sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $5,866 a year. A buyer who lives here would pay about $4,054 to $6,899 a year once the taxable value resets after the sale, at the 2025 homestead rate of 37.96 mills for Royal Oak City and Royal Oak schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

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