702 Butternut Avenue

About this home

Welcome to this charming brick ranch in Royal Oak’s highly desirable Beverly Woods subdivision! Set on a picturesque, tree-lined street, this move-in-ready 3-bdrm, 2-full-bath home offers the perfect blend of classic character, thoughtful updates, and inviting spaces for everyday living and entertaining. Hardwood floors flow throughout the main level. The FR features a beautiful bay window providing tons of natural light, along with a decorative fireplace. The updated kitchen is both stylish and functional, including SS appliances, and a large island with breakfast bar seating. An open layout connects the kitchen and dining area, making gatherings effortless. The primary bedroom offers direct access to the outdoor deck and patio, creating an easy connection to the backyard. Two additional bedrooms and full bathroom complete the main level. The finished lower level expands your living space with a large recreation room featuring built-ins, a convenient bar area, and a flexible bonus room ideal for a home office, hobby room, or additional living space. A dedicated laundry area with new LVP flooring adds everyday convenience. Step outside to your private, fully fenced backyard, designed for relaxing, entertaining, and enjoying the outdoors. The spacious deck and stamped concrete patio provide plenty of room for outdoor dining, summer gatherings, or quiet evenings at home. Enjoy the walkable neighborhood, complete with sidewalks and close proximity to Starr Jaycee Park. Just minutes from downtown Royal Oak, Birmingham, Berkley, and Clawson, you’ll have easy access to an array of restaurants, coffee shops, boutique shopping, parks, and entertainment while enjoying the peaceful setting of an established neighborhood. With its inviting layout, finished lower level, private outdoor retreat, and convenient location, this home offers comfort, character, and a lifestyle that’s hard to beat!

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Royal Oak

Over the last 90 days, 258 homes sold in Royal Oak for a median of $350,000, about $204 per square foot, and the typical one went under contract in 12 days. This home is listed at $400,000, or $206 per square foot, about the same as the city median, and has been on the market 16 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 $5,888 a year. A buyer who lives here would pay about $4,069 to $7,668 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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