NOT LISTED FOR SALE

100 W 5th St Unit 503 Royal Oak, MI 48067

Estimated Value: $364,313 - $441,000

2 Beds
2 Baths
1,176 Sq Ft
$377/mo HOA Fee

Last Sold December 26, 2019

Last sale price $320,000 $272 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,992/month

37 Days on Market

Highlights

  • Ground Level Unit
  • Balcony
  • Lobby
  • Northwood Elementary School Rated A-
  • 2 Car Attached Garage
  • 4-minute walk to Centennial Commons

About This Home

As of December 2019

The ultimate location in the heart of downtown Royal Oak. Spectacular 5th floor unit offers incredible Western views of the city & amazing sunsets. This tastefully designed loft boasts floor to ceiling windows, an open concept living area, impressive ceiling height, hardwood floors & a gas fireplace. The chef's kitchen w/ center island featuring granite counters & stainless steel appliances opens to the spacious dining area, living room & adjacent balcony. Large master suite w/ a generously proportioned walk-in closet w/ custom built-ins & private master bath. A second bedroom, second full bath & in-unit laundry complete this incredible property. Amenities include fitness center, personal storage locker, bike storage room, secured lobby & secured garage w/ two parking spaces (tandem, #113). Easy freeway access & just minutes away from downtown Detroit. Live high above all that Royal Oak has to offer including award winning restaurants, nightlife, shopping & entertainment. Welcome home!

Last Agent to Sell the Property

Patrick Hixson

KW Metro License #6501397346 Listed on: 10/02/2019

KW Metro

Last Buyer's Agent

Sheel Sohal

KW Domain License #6501406081

KW Domain

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2003

HOA Fees

  • $377 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Garage Spaces
  • Tandem Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Shared Water Meter
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 2521240017
  • $425 Seller Concession

Community Details

Overview

  • Bruce Pollock & Associates Association, Phone Number (810) 694-0330
  • High-Rise Condominium
  • Skylofts Royal Oak Condo Occpn 1471 Subdivision

Amenities

  • Laundry Facilities
  • Lobby

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2003

Lot Details

0

HOA Fees

$377 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building, High Rise, Loft
  • Architecture Level: 1 Story Up
  • Year Built: 2003
  • State Equalized Value: 160600.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Elevator/Lift, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1176
  • Total Sq Ft: 1176

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Poured
  • Porch Type: Balcony
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 2+ Assigned Spaces, Attached, Door Opener, Tandem
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Common
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Gas, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: (810) 694-0330
  • Association Fee: 377
  • Association Contact: Bruce Pollock & Associates
  • Association Fee: Yes

Schools

  • School District: Royal Oak

Lot Info

  • Parcel Number: 2521240017

Tax Info

  • Tax Amount Summer: 7603.0000
  • Tax Amount Winter: 1377.0000
  • Total Tax: 8980.0000
  • Taxable Value: 152910.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2019
Closed on
Dec 26, 2019
Sold by
Vasi Stephanie and Lind Stephanie
Bought by
Weiner Jason M and Weiner Yale N
Seller's Agent
Patrick Hixson
KW Metro
Buyer's Agent
Sheel Sohal
KW Domain
List Price
$329,000
Sold Price
$320,000
Premium/Discount to List
-$9,000
-2.74%
Total Days on Market
37
Current Estimated Value
$392,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,828
Avg. Annual Appreciation
3.82%
Original Mortgage
$256,000
Outstanding Balance
$228,591
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$164,237

Purchase Details

Closed on
Nov 1, 2013
Sold by
Forry Edward L and Forry Donna
Bought by
Vasi Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2007
Sold by
Meffe Christopher M
Bought by
Forry Edward L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.26%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 7, 2004
Sold by
Skylofts Royal Oak Partners Inc
Bought by
Meffe Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Weiner Jason M $320,000 None Available
Vasi Stephanie $225,000 First American Title Ins Co
Forry Edward L -- None Available
Meffe Christopher M $295,800 Philip R Seaver Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiner Jason M $256,000
Previous Owner Vasi Stephanie $180,000
Previous Owner Forry Edward L $248,000
Previous Owner Meffe Christopher M $65,200
Previous Owner Meffe Christopher M $262,000
Previous Owner Meffe Christopher M $53,500
Previous Owner Meffe Christopher M $54,120
Previous Owner Meffe Christopher M $252,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2019 12/26/19 Sold $320,000 -2.7% $272 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
10/02/2019 10/02/19 For Sale $329,000 -- $280 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

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 $5,052 $162,930 $0 $0
2022 $6,511 $163,200 $0 $0
2020 $5,052 $164,520 $0 $0
2018 $6,511 $151,000 $0 $0
2017 $6,240 $151,000 $0 $0
2015 -- $147,830 $0 $0
2014 -- $142,260 $0 $0
2011 -- $78,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Hixson

    Seller's Agent in 2019

    Patrick Hixson

    KW Metro

    (248) 764-0750

    36 in this area

    102 Total Sales

    Patrick Hixson
    Section Image
  • Sheel Sohal

    Buyer's Agent in 2019

    Sheel Sohal

    KW Domain

    (248) 249-3122

    94 in this area

    291 Total Sales

    Sheel Sohal
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 219099329

Realcomp

APN: 25-21-240-017

Michigan Oakland County Royal Oak 48067

100 W 5th St Unit 503, Royal Oak, MI

This home is located at 100 W 5th St Unit 503, Royal Oak, MI 48067 since 02 October 2019 and is currently estimated at $392,828, approximately $334 per square foot. This property was built in 2003. 100 W 5th St Unit 503 is a home located in Oakland County with nearby schools including Northwood Elementary School, Royal Oak Middle School, and Royal Oak High School.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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