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127 W Parent Ave, Royal Oak, MI, 48067

2beds
2baths
1,259sqft
$449,666
$357price/sqft
$3,095/moest. monthly cost
$123,800/yrincome needed

About This Home

Attention Builders, Developers and Investors!! Three available parcels being sold as a package located near downtown Royal Oak. Each Parcel is 50x147 all three lots are side by side totaling close to .50 acre of land . All lots are zones for Mixed-use. Potential for 15 condo, site plan attached. See attached MLS #20250014689 and #20250014168 . Total for all 3 lots is 1.5 million and the seller will not separate the lots.

Getting Around

90
WalkingVery Walkable
0
TransitVery Limited Transit
60
BikeBikeable

Schools

10/10
7/10
Royal Oak Middle SchoolGrades 6-81.1 mi
9/10
Royal Oak High SchoolGrades 9-123.1 mi

Construction

Condition

  • Year built: 1907

Materials

  • Foundation: Basement,Block
  • Roof: Asphalt
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Partial,Unfinished

Bedroom

  • Level: Second
  • Area: 140
  • Dimensions: 10 x 14

Bedroom

  • Level: Entry
  • Area: 130
  • Dimensions: 10 x 13

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Finished area above ground: 1,259

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 1,259 sqft

Kitchen

  • Level: Entry
  • Area: 224
  • Dimensions: 14 x 16

Other

  • Level: Entry
  • Area: 28
  • Dimensions: 4 x 7

Other

  • Level: Second
  • Area: 24
  • Dimensions: 4 x 6

Property

Details

  • Parcel number: 2521435010
  • Special condition: Short Sale No,Standard
  • Exclusions: Exclusion(s) Do Not Exist

Features

  • Levels: One And One Half
  • Stories: 1
  • Entry location: GroundLevelwSteps
  • Pool features: None

Lot

  • Lot size: 7,405 sqft
  • Lot size dimensions: 50.00 x 147.00

Parking

  • Total spaces: 1
  • Parking features: One Car Garage,Detached
  • Has garage: Yes
  • Attached garage spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Ice Storm
Tornado

FEMA Declared Disasters in Oakland County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,273$27,276
Home Insurance *$166$1,992
Property Taxes $468$5,616
Electricity $188$2,259
Total$3,095$37,140
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$106,114/yr
40% on housing$92,850/yr
45% on housing$82,533/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.2%
14.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$357This listing

vs Other Active Listings

Avg $/sqft

ZIP 48067$233
Oakland County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 48067$261
Oakland County$192

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-12Price change$449,666
2025-07-09Price change$466,667
2025-03-14Listed for sale$500,000
2018-07-23Listing removed$412,500
2018-07-20Listed for sale$412,500
2016-05-23Sold$250,000
2015-11-23Listing removed$750,000
2015-07-26Listed for sale$750,000
2015-04-16Listing removed$280,000
2015-03-31Price change$280,000
2015-03-04Price change$229,000
2015-02-11Price change$225,000
2014-09-21Price change$229,000
2014-07-11Price change$228,500
2014-06-22Listed for sale$229,000
2006-05-23Sold$225,000
2002-05-13Sold$180,000

For Sale by Agent

AgentSamantha Longo
BrokerageRE/MAX Edge

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