1527 N Blair AVE , Royal Oak, MI 48067
Est. $3,075/mo with current taxes · · See the breakdown
About this home
Charming Royal Oak colonial located on a beautiful tree-lined street, offering plenty of historical character along with updates for today’s needs. This three-bedroom, one and a half bath home features hardwood floors throughout and a comfortable, functional layout with plenty of natural light. The partially finished basement provides additional living or flex space, along with a dedicated laundry area and extra storage. Outside, the spacious backyard offers plenty of room to relax, entertain, or play and includes a playset already in place. Conveniently located near major thoroughfares and freeways, with easy access to everything Royal Oak and the surrounding area have to offer. A classic home with charm, function, and a great location.
Monthly payment
The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then.The uncapped tax line is this home's bill after it uncaps: half the price times 37.96 mills, the 2025 homestead rate here. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.
The facts
| Price | $389,000 |
| Beds | 3 |
| Baths | 1 full, 1 half |
| Square feet | 1,777 |
| Type | Single family residence |
| Subdivision | SOUTHLAWN PARK |
| County | Oakland |
| MLS # | 20261088405 |
| Listed | 2026-11-02 |
| Days on market | 0 |
| Year built | 1939 |
| Possession | Negotiable |
| Stories | 2 stories |
| Basement | Finished, Partial |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Block |
| Garage spaces | 2.0 |
| Water / Sewer | City water & sewer |
| Parcel number | 2515204024 |
| Listing office | Coldwell Banker Professionals-Birm |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $156,890 | about $194,500 |
| Yearly property tax | $6,015 | about $7,383 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $1,368 a year more than this seller pays. The assessor's state equalized value (SEV) is $163,950. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Royal Oak's 2025 homestead rate of 37.96 mills and assumes you claim the homestead exemption. See Royal Oak's full tax breakdown or run the uncapping calculator.
Location
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-02T23:11+00:00; refreshed at least twice daily.