Back 500 E University Ave
Off Market

500 E University Ave

Royal Oak MI 48067

4
4
2
3694 sq. ft.
0.13 ac.
Single-Family
Last sold for $854,000
Joseph ElromJoseph Elrom, last sold this property on 04 May 2026 after 31 days on market.

Overview

Welcome to this beautifully maintained, newer-construction home, ideally situated steps from all the restaurants, shopping, and entertainment of downtown Royal Oak - offering the perfect combination of space, style, and walkability. With nearly 2,500 sq ft of thoughtfully designed living space, this 4-bedroom, 3.1-bath home blends modern finishes with a highly functional layout. The open-concept main level is perfect for both everyday living and entertaining, featuring hardwood floors throughout and a seamless flow between the living, dining, and kitchen areas. The kitchen is well-equipped with granite countertops, stainless steel appliances, ample cabinetry, and a walk-in pantry, making it as practical as it is inviting. A natural-light filled office welcomes you off the front entry, while the mudroom offers additional storage by the back door. Upstairs, you'll find spacious bedrooms including a primary suite complete with a walk-in closet and a private ensuite bath. Additional bedrooms offer flexibility for family or guests, a second full bathroom, and large laundry room. The fully finished basement expands the living space with a fourth bedroom, full bath, family room, and a second kitchen/wet bar - ideal for entertaining, hosting guests, or multi-generational living. Step outside to a fully fenced backyard featuring a paver patio, creating a perfect setting for outdoor gatherings. The inviting front porch offers a relaxing view and friendly neighborhood. The 2-car garage provides excellent storage and functionality, allowing for taller vehicles as well.

Features

4 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
3694 sq. ft. floor area
0.13 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Royal Oak over the last 12 months, the estimated median property value of 500 E University Ave is $670k.

Median value
$670k
Estimated value range
$278k - $1.5m
Median days on market
14
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Royal Oak. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 500 E University Ave

2026
Sold
$854,000
04 May 2026 by Joseph Elrom, of 3DX Real Estate LLC Troy
2017
Sold
$595,100
09 Aug 2017 by Angelo Buttazzoni, of National Realty Centers, Inc

Happy sellers in Royal Oak

92%
92% of sellers in Royal Oak reported that their sale price either exceeded or met their price expectations.

Royal Oak stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Royal Oak over the last 12 months.

Local market activity for 4 bedroom single-family properties in Royal Oak

In the last 12 months, 75 four-bedroom single-family properties similar to 500 E University Ave, have been sold.

This represents a 16% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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