Sold861d on marketHistoric · 109 yrs
503 Forest Ave
Royal Oak, MI, 48067 • 48067 • Oakland County
$545,000
$234/sqft
3Beds
3Baths
2,333Sqft
0.17 acLot
1917Built
Property DNA
Colonial,Craftsman Style
Built 1917 · 109 years of history
ASSR'S PLAT NO 2 - ROYAL OAK
48067
Outdoor Living
Covered · Deck · Enclosed · Porch
2-Car Garage
Two Car Garage · Detached · Driveway · Electricityin Garage · Garage Door Opener · Side Entrance
This home is in high demand
Listed 861 days ago · 7 views · Top 10% likely to sell soon
Market activity
Demand and pricing signals for this listing
7 views
People checking out this listing
861 days on market
Established listing
$234/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 10% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1917 · Historic
Craftsman style colonial offering classic touches combined with modern amenities! Ideal location within walking distance of Downtown Royal Oak! Home features 2005 addition adding huge family room with built in cabinets & half bath, primary suite with full bath, walk in closet, & vaulted ceilings, along with additional basement sqft. 2020 addition featured a large 3 season room & Michael Phelps swim spa for year round enjoyment. Other ameneties include upgraded kitchen with included stainless steel appliances; Formal dining room; 1st floor laundry; Enclosed front porch; Hardwood floors; Arched doorways; Open staircase; Fresh paint & new lighting throughout; New carpet; Granite bathrooms; 2nd floor balcony; Sprinkler system; Fenced corner lot with 2 car garage; Rear deck perfect for grilling; and much more! Schedule a showing today and experience all the charm and convenience this property has to offer!
Standout features identified
Our analysis highlights fenced corner lot, fresh paint, and new carpet as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,418/month
Principal & Interest$2,692
Property Tax$545
Insurance$182
Down payment20% ($109,000)
3%50%
Est. 6.28% rate · 30yr fixed · $436,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1917
HeatingForced Air, Natural Gas
CoolingCeiling Fans, Central Air
Parking2 Garage spaces
Lot7,405 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleColonial,Craftsman
Year built1917
Stories2
Systems
HeatingForced Air, Natural Gas
CoolingCeiling Fans, Central Air
RoofAsphalt
ConstructionVinyl Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingTwo Car Garage, Detached, Driveway, Electricityin Garage, Garage Door Opener, Side Entrance
Garage2 spaces
BasementFull,Unfinished
FencingFenced
Lot7,405 sqft
Location & Tax
Neighborhood48067
Annual tax$8,157
Parcel2515329013
Bathrooms & Fees
Full baths2
Features & details
11 categories of property features
Interior Features
Interior
Spa Hottub
Appliances
Dishwasher
Disposal
Dryer
Free Standing Gas Range
Free Standing Refrigerator
Microwave
Stainless Steel Appliances
Washer
Heating
Forced Air
Natural Gas
Cooling
Ceiling Fans
Central Air
Laundry
Laundry Room
Exterior Features
Exterior
Balcony
Lighting
Parking
Two Car Garage
Detached
Driveway
Electricityin Garage
Garage Door Opener
Side Entrance
Construction
Vinyl Siding
Patio & Porch
Covered
Deck
Enclosed
Porch
Pool Features
None
Utilities
Above Ground Utilities
Listing insights
Market data and value estimates
StatusSold
Days on market861
Est. value$612,200
Est. rent$3,766/mo
Tax rate1.34%
Price/sqft$234
On marketOct 19, 2023
PostedJul 8, 2025
Last sold$545,000
MLS updatedAug 1, 2025
Tour days6
Views7
How are the schools in Royal Oak?
3 schools rated nearby
Location
Royal Oak, MI, 48067
Price history
9 events
DateEventPrice$/sqftSource
Nov 29, 2023Sold$545,000$234Realcomp II
Nov 12, 2023Pending Sale$549,900$236Realcomp II
Oct 19, 2023Price Change$549,900$236Realcomp II
Oct 5, 2023Listed For Sale$589,900$253Realcomp II
Aug 11, 2022Sold$505,000$216Realcomp II
Aug 3, 2022Pending Sale$512,500$220Realcomp II
Jun 19, 2022Price Change$512,500$220Realcomp II
May 22, 2022Listed For Sale$515,000$221Realcomp II
Dec 29, 2006Sold$333,000$143Public Record
Sold$545,000
Nov 29, 2023•$234/sqft•Realcomp II
Pending Sale$549,900
Nov 12, 2023•$236/sqft•Realcomp II
Price Change$549,900
Oct 19, 2023•$236/sqft•Realcomp II
Listed For Sale$589,900
Oct 5, 2023•$253/sqft•Realcomp II
Sold$505,000
Aug 11, 2022•$216/sqft•Realcomp II
Pending Sale$512,500
Aug 3, 2022•$220/sqft•Realcomp II
Price Change$512,500
Jun 19, 2022•$220/sqft•Realcomp II
Listed For Sale$515,000
May 22, 2022•$221/sqft•Realcomp II
Sold$333,000
Dec 29, 2006•$143/sqft•Public Record
Tax history
18 years of records
YearTax paidAssessed value
Apr 9, 2024—$248,680
Apr 9, 2023—$234,260
Apr 9, 2022—$185,710
Apr 9, 2021—$176,490
Apr 9, 2020—$170,520
Apr 9, 2019—$155,010
Apr 9, 2018—$145,450
Apr 9, 2017—$145,450
Apr 9, 2015—$131,270
Apr 9, 2014—$125,690
Apr 9, 2011—$99,120
Apr 9, 2010$3,674$101,810
Apr 9, 2009$4,925$138,030
Apr 9, 2005$1,407$130,650
Apr 9, 2003—$82,790
Apr 9, 2002—$73,460
Apr 9, 2001$1,495$42,190
Apr 9, 2000$1,459$40,890
Nearby homes
Neighborhood details
Local context around this listing
Royal Oak, MI • Oakland County
Nearby cities
Bloomfield HillsFarmington HillsNoviPontiacRochester HillsRoyal OakSouthfieldTroy
Nearby zip codes
480674806848073
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