803 E 3rd Street
Royal Oak, MI 48067
Single Family Residence · MLS # 81026056778 · Listing courtesy of Egdell & Associates Realty
About this home
LOCATION, LOCATION, LOCATION! Opportunity awaits at 803 E. Third Street in the heart of Royal Oak! Bring your vision and creativity to this 3-bedroom home and transform it into something truly special. Whether you're looking to renovate, modernize, or add your own personal touches, this property offers an exciting opportunity to create a home that reflects your style. Enjoy the convenience of being close to downtown Royal Oak's vibrant restaurants, shopping, entertainment, parks, and everyday amenities. With its desirable location and potential for transformation, this is your chance to make a smart investment in one of Metro Detroit's most sought-after communities. Bring your ideas, explore the possibilities, and make this home your own! Being sold as-is.
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 $350,000, or $202 per square foot, about the same as the city median, and has been on the market 3 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 $3,271 a year. A buyer who lives here would pay about $3,271 to $6,710 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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