3220 Shenandoah Drive #11
Royal Oak, MI 48073
Condominium · MLS # 20261091974 · Listing courtesy of Crain Homes
About this home
Seller is offering a 2-1 temporary rate buydown! The offer reduces the borrower’s interest rate by roughly 2% for the first year of their loan and 1% for the second year. This 2 bedroom, 1 bathroom ranch layout condo offers comfort and convenience in a desirable Royal Oak location. As an upper level end unit, the condo benefits from additional natural light. The unit also features a private storage area with direct access from the condo. Located on Shenandoah Drive, the property offers a quieter neighborhood setting while remaining close to everything Royal Oak has to offer. Corewell Health is within walking distance, and grocery stores, shopping, parks, and other local amenities are just minutes away. This is a great opportunity to achieve ownership in Royal Oak! BATVAI.
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 $129,000, or $193 per square foot, 6% below the city median, and has been on the market 1 day. 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 $1,293 a year. A buyer who lives here would pay about $894 to $2,473 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 and HOA when listed. Ask us for a lender quote.
Location
Similar homes in Royal Oak
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