8721 Troy Street
Oak Park, MI 48237
Single Family Residence · MLS # 20261090369 · Listing courtesy of Real Estate One-Royal Oak
About this home
A Rare Opportunity in Oak Park! Cherished by the same family since it was built in 1946, this lovingly maintained 3-bedroom home is ready for its next chapter! Pride of ownership shines throughout this special property, offering a wonderful opportunity to own a home filled with history, character, and unique features. The home offers three bedrooms, one full bath, a 1.5-car garage, and a deck perfect for relaxing or entertaining. Hardwood flooring is believed to be hiding beneath the carpeting in portions of the original home. Take a peek inside the closets for a glimpse of the beautiful wood floors! Please note that the hardwood flooring does not extend into the addition, which includes the primary bedroom and bathroom. The primary bedroom features a unique convenience: a built-in bathroom warming feature! Look for the round disk near the bedroom entrance and simply flip the switch to warm the bathroom. The basement is a Michigan-style basement, It does have height- offering additional usable space along with an impressive 10 x 23 workshop area — a great opportunity for hobbyists, craftspeople, or anyone needing a dedicated workspace. House is being sold "As IS" Homes with this kind of history and long-standing family ownership don't come along every day. Come see the care, character, and possibilities this Oak Park home has to offer! A wonderful opportunity to make a well-loved home your own!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Oak Park
Over the last 90 days, 53 homes sold in Oak Park for a median of $239,250, about $136 per square foot, and the typical one went under contract in 13 days. This home is listed at $165,000, or $160 per square foot, 18% above 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 Oak Park sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $1,265 a year. A buyer who lives here would pay about $1,265 to $4,954 a year once the taxable value resets after the sale, at the 2025 homestead rate of 59.45 mills for Oak Park City and Ferndale 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 Oak Park
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