2021 E 11 Mile Road
Royal Oak, MI 48067
Single Family Residence · MLS # 20261089040 · Listing courtesy of EXP Realty Main
About this home
Let's get you this house before Christmas! In a shifting market with rising interest rates, smart buyers look for opportunities. Take advantage of a flexible seller open negotiating terms, including closing cost contributions or credit, or purchasing power terms, 100% financing options for qualified buyers to minimize your out-of-pocket costs at closing. A beautifully updated brick ranch offering the ultimate combination of quality, style, and affordable turn-key living! Welcome to this beautifully renovated ranch situated on a desirable corner lot at 11th and Edgeworth! Perfectly positioned just 3 minutes from vibrant downtown Royal Oak, this home offers the ultimate blend of modern turn-key living making it ideal for first-time buyers, young professionals, or high-performing short-term rental investors. Step inside to a sun-drenched, open-concept living area featuring a sleek modern kitchen with brand-new cabinetry, striking countertops, tiled backsplash, gold hardware, stain steel appliances, and chic recessed lighting. Fresh vinyl plank flooring and cozy new carpet run throughout. The spa-inspired bathroom boasts a new vanity, deep soaking tub, custom tile work, and modern fixtures. Complete with laundry appliances included and extra custom cabinet storage, every inch of space is optimized. Key mechanical updates include a newer furnace, A/C, and water heater for complete peace of mind. Outdoors, enjoy a fully fully-fenced, private yard (featuring a mix of new and fully restored fencing), a fresh back porch handrail, and a brand-new storage shed. Bonus potential: built-in concrete pad ready for a future garage build! Fully inspected and approved for occupancy by the City of Royal Oak. Whether you're looking for your dream starter home near nightlife and dining or a turnkey short-term rental/Airbnb investment, this gem is ready to go!
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 $249,900, or $249 per square foot, 21% above the city median, and has been on the market 4 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 $3,582 a year. A buyer who lives here would pay about $1,790 to $4,791 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
Similar homes in Royal Oak
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