$1,149,000
NEW CONSTRUCTION $50K PRICE DROP

713 W Farnum Ave Royal Oak, MI 48067

Estimated payment $6,323/month

Total Views 10,249
4 Beds
4.5 Baths
2,950 Sq Ft
$389 Price per Sq Ft

Highlights

  • New Construction
  • Colonial Architecture
  • Wine Refrigerator
  • Northwood Elementary School Rated A-
  • Mud Room
  • 3-minute walk to Meininger Park

About This Home

Welcome to 713 W Farnum! This stunning new construction home in the desirable Northwood elementary school district, walkable to downtown Royal Oak and overlooking a beautiful park. The covered front porch leading into the home opens up to the oversized foyer. Hardwood floors flow throughout the first floor. Step into the heart of the home, a meticulously designed kitchen with stainless steel appliances complete with a walk in pantry. From quartz countertops, to a beautiful eat in island and tile backsplash, no small detail was missed here. The open concept first floor includes an office or flex space, a powder room, and mudroom with direct access to the 2 car attached garage. Upstairs, the master suite awaits with a walk in closet and a spa-like master bathroom featuring a soaker tub. Three additional bedroom suites complete the upper level, each offering its own private full bathroom. Three bedrooms boast elegant tray ceilings. The laundry room with front load washer and dryers complete the second floor. The extra deep lower level offers potential for added living space with generous storage, and is pre-plumbed for a full bath and bar. Outside, the stamped concrete patio overlooks the backyard with irrigation, enclosed by a natural wood privacy fence, offering a serene retreat in the heart of the neighborhood. Don't miss the chance to make this home yours.

Listing Agent

John Farhat

Good Company License #6501349205 Listed on: 08/05/2025

Good Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Back Yard Fenced

Home Design

  • Colonial Architecture
  • Poured Concrete

Interior Spaces

  • 2,950 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Living Room with Fireplace

Kitchen

  • Walk-In Pantry
  • Free-Standing Gas Range
  • Microwave
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Sump Pump
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2516452002

Community Details

Overview

  • No Home Owners Association
  • Edgewood Park Royal Oak Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,058

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Warranty: Yes
  • Year Built: 2025
  • State Equalized Value: 134940.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Egress Window(s)
  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 15
  • Total Bedrooms: 4
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer, Wine Refrigerator
  • Sq Ft Combined: 2950
  • Total Sq Ft: 2950
  • Sq Ft Total Bsmt: 1475

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Wood
  • Construction Features: New Construction
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 50
  • Porch Type: Porch - Covered, Porch, Covered
  • Road Frontage Type: Paved
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Door Opener, Attached, Garage Faces Front
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.14
  • Lot Dimensions: 50X120
  • Parcel Number: 2516452002

Tax Info

  • Tax Amount Summer: 2328.0000
  • Tax Amount Winter: 730.0000
  • Total Tax: 3058.0000
  • Taxable Value: 79220.0000

MLS Schools

  • School District: Royal Oak

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,328 $134,940 $0 $0
2022 $2,751 $122,600 $0 $0
2020 $2,262 $104,520 $0 $0
2018 $2,751 $90,500 $0 $0
2017 $2,644 $90,500 $0 $0
2015 -- $78,400 $0 $0
2014 -- $72,450 $0 $0
2011 -- $67,030 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 Price Changed $1,149,000 -4.2% $389 / Sq Ft
08/05/2025 08/05/25 For Sale $1,199,000 -- $406 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed $245,000 Alliance Title
Source: Public Records

Source: Realcomp

MLS Number: 20251023615

Realcomp

APN: 25-16-452-002