977 Ravine Terrace Drive
Rochester Hills, MI 48307
Single Family Residence · MLS # 20261083995 · Listing courtesy of Real Estate One-Rochester
About this home
IMMEDIATE POSSESSION—START YOUR NEXT CHAPTER IN ROCHESTER HILLS! Whether you’re purchasing your first home or looking to downsize, this three-bedroom, 2.5-bath ranch presents an opportunity to make it your own and begin building equity. The welcoming great room features a gas fireplace and opens to the kitchen and breakfast nook, creating a comfortable layout for everyday living and entertaining. Stainless-steel appliances include a gas stove, microwave, refrigerator and dishwasher. Enjoy peaceful views of the trees from the primary suite, complete with double closets and a private bath with a shower. Two additional bedrooms feature generous windows and closet space, with a ceiling fan in the third bedroom. A second full bathroom with a tub serves the main level. The walkout lower level adds flexibility with space for a media area, workout room or hobbies, plus a laundry room and abundant storage. Previously used in part as a workshop, this level provides room to customize and finish to suit your needs. Washer and dryer are included. Step outside to enjoy the deck and brick paver patio, with another brick paver patio welcoming you at the front entrance. Located in the Rochester school district, with convenient access to shopping, dining, coffee shops, freeways, downtown Rochester, community events and area parks. Ready for your move!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Rochester Hills
Over the last 90 days, 196 homes sold in Rochester Hills for a median of $467,500, about $181 per square foot, and the typical one went under contract in 12 days. This home is listed at $425,000, or $152 per square foot, 16% below 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 Rochester Hills sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $3,574 a year. A buyer who lives here would pay about $3,610 to $6,622 a year once the taxable value resets after the sale, at the 2025 homestead rate of 30.86 mills for Rochester Hills City and Rochester 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 Rochester Hills
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