$370,000
OPEN SAT 10AM - 12PM COMING SOON

Skylofts 100 W 5th St Unit 504 Royal Oak, MI 48067

Estimated payment $3,037/month

Total Views 98
2 Beds
2 Baths
1,119 Sq Ft
$406/mo HOA Fee

Highlights

  • Deck
  • 1 Car Attached Garage
  • Accessible Entrance
  • Northwood Elementary School Rated A-
  • Accessible Bedroom
  • 4-minute walk to Centennial Commons

About This Home

Live in the center of it all! This stunning 2 bedroom, 2 bathroom loft offers the perfect blend of modern style, urban convenience, and vibrant city living—right in the heart of downtown Royal Oak. Step into a bright, open-concept space with soaring ceilings, oversized windows, (west facing), All new Kitchen Aid black stainless steel appliances and sleek finishes throughout. The spacious layout includes a full second bathroom, perfect for guests or added convenience, and a generously sized bedroom with ample closet space. Enjoy secure, in-building parking, a fully equipped exercise room, your own separate storage closet and a well-maintained, secure building—all just steps from Royal Oak’s thriving restaurant scene, boutique shopping, entertainment venues, and nightlife. Whether you're a professional looking for a walkable location, or seeking a stylish space with all the urban perks, this loft is a rare opportunity in one of Metro Detroit’s most up-and-coming neighborhoods. HOA includes water, gas, sewer and trash. Seller replaced the counter tops, sinks & faucets, backsplash in the Kitchen & Primary, new lighting fixtures & DayCor light switches throughout. The mirror, shelves by the fireplace, black metal grids on the wall that hold the plants and wine bottles in the Main Living Space stay with the property. Don’t miss your chance to own a piece of downtown Royal Oak—schedule your showing today!

Last Listed By

Ryan Nelson

DOBI Real Estate License #6501372468 Listed on: 06/04/2025

DOBI Real Estate

Open House Schedule

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2003 | Remodeled in 2023

HOA Fees

  • $406 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Rubber Roof
  • Metal Siding

Interior Spaces

  • 1,119 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Stacked Washer and Dryer

Kitchen

  • Built-In Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Bedroom
  • Accessible Kitchen
  • Accessible Hallway
  • Accessible Washer and Dryer
  • Accessible Entrance

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet

Additional Features

  • Deck
  • Lower level unit with elevator

Listing and Financial Details

  • Assessor Parcel Number 2521240018

Community Details

Overview

  • Contact Listing Agent Association
  • Skylofts Royal Oak Condo Occpn 1471 Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,649

Year Built

Built in 2003 | Remodeled in 2023

Lot Details

0

HOA Fees

$406 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Loft
  • Architecture Level: 1 Story
  • Year Built: 2003
  • State Equalized Value: 165300.0000
  • Year Renovated: 2023
  • Accessibility Features: Accessible Bedroom, Accessible Entrance, Accessible Hallway(s), Accessible Kitchen, Accessible Washer/Dryer
  • Entry Location: Lower Level w/Elevator
  • Pets Allowed: Yes
  • Special Features: 35
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Elevator/Lift, High Spd Internet Avail, Intercom, Furnished - No
  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Built-In Electric Range, Dishwasher, Disposal, Free-Standing Refrigerator, Microwave, Washer/Dryer Stacked
  • Sq Ft Combined: 1119
  • Total Sq Ft: 1119
  • Sq Ft Total Bsmt: 1201

Exterior Features

  • Roof Material: Rubber
  • Foundation Details: Slab
  • Construction Materials: Block, Metal Siding
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Door Opener, Attached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Gas, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: contact listing agent
  • Association Fee: 406
  • Association Contact: Contact listing agent
  • Association Fee: Yes

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Parcel Number: 2521240018

Rental Info

  • Tenant Amenities: Laundry In-Unit

Tax Info

  • Tax Amount Summer: 5125.0000
  • Tax Amount Winter: 1524.0000
  • Total Tax: 6649.0000
  • Taxable Value: 165300.0000

MLS Schools

  • School District: Royal Oak

Map

Range of Values:

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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 $5,125 $165,300 $0 $0
2022 $6,606 $165,570 $0 $0
2020 $5,125 $177,780 $0 $0
2018 $6,606 $164,470 $0 $0
2017 $3,457 $164,470 $0 $0
2015 -- $146,270 $0 $0
2014 -- $140,770 $0 $0
2011 -- $77,370 $0 $0
Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $325,000 Ideal Title Agency
Warranty Deed $305,000 Vanguard Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $291,500 Philip R Seaver Title Co Inc
Warranty Deed $285,900 Philip R Seaver Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,000 New Conventional
Previous Owner $244,000 New Conventional
Previous Owner $98,538 Unknown
Previous Owner $40,000 Credit Line Revolving
Previous Owner $231,500 Purchase Money Mortgage
Previous Owner $257,310 Purchase Money Mortgage
Source: Public Records

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Source: Realcomp

MLS Number: 20251005116

Realcomp

APN: 25-21-240-018