Seller's Agent in 2025
Kevin DeVergilio
REALTEAM Real Estate
(586) 580-8092
16 in this area
141 Total Sales
Skylofts 100 W 5th St Unit 505 Royal Oak, MI 48067
2
Beds
2
Baths
1,201
Sq Ft
$405/mo
HOA Fee
Highlights
- 1 Car Attached Garage
- 1-Story Property
- 4-minute walk to Centennial Commons
- Northwood Elementary School Rated A-
- Forced Air Heating System
About This Home
As of May 2025Welcome to this stylish loft-style condo nestled in the heart of downtown Royal Oak! This urban retreat boasts an open interior flooded with natural light pouring in through expansive windows offering picturesque views of the vibrant cityscape. Step inside to discover a sleek updated kitchen featuring stainless steel appliances and modern finishes, perfect for culinary enthusiasts and entertainers alike. Adjacent to the kitchen is a cozy dining area. The inviting living room beckons with its warm fireplace and grants access to a private exterior balcony, where you can unwind and soak in the energy of downtown living. The bathrooms have been thoughtfully updated to provide both functionality and contemporary style. The primary bedroom is complete with a spacious walk-in closet featuring built-in storage solutions and an en suite bathroom. There is electric Hunter Douglas room darkening and shading electric blinds on all windows. Residents of this community enjoy access to a well-equipped weight room. Parking is a breeze with one assigned space in the secure parking garage, while additional storage needs are met with a designated unit (#69) in the basement.
Last Agent to Sell the Property
REALTEAM Real Estate License #6501396866 Listed on: 04/02/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
Year Built
- Built in 2003
HOA Fees
- $405 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Home Design
- Slab Foundation
Interior Spaces
- 1,201 Sq Ft Home
- 1-Story Property
Kitchen
- Free-Standing Gas Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Location
- Upper level unit with elevator
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 2521240019
Community Details
Overview
- Bruce G. Pollack Association, Phone Number (810) 690-0330
- Skylofts Royal Oak Condo Occpn 1471 Subdivision
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2025
Closed on
May 2, 2025
Sold by
Laginess Daniel
Bought by
Kerkay Jeffrey Alan
Seller's Agent
Kevin DeVergilio
REALTEAM Real Estate
Buyer's Agent
Jolene Jacobs
Good Company
List Price
$389,999
Sold Price
$393,000
Premium/Discount to List
$3,001
0.77%
Views
221
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.81%
Original Mortgage
$334,050
Outstanding Balance
$334,050
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$57,499
Purchase Details
Closed on
May 24, 2018
Sold by
Satterland Davin
Bought by
Laginess Daniel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 28, 2014
Sold by
Mcinnes Andrew and Mcinnes Kristine
Bought by
Satterlund Davin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
4.28%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 5, 2004
Sold by
Mcinnes Michelle
Bought by
Mcinnes Andrew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.93%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 16, 2004
Sold by
Skylofts Royal Oak Partners Inc
Bought by
Mcinnes Andrew and Mcinnes Michelle E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,900
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $393,000 | Allegiance Title | |
| Warranty Deed | $393,000 | Allegiance Title | |
| Warranty Deed | $380,000 | Devon Title Agency | |
| Warranty Deed | $330,000 | Fnt | |
| Interfamily Deed Transfer | -- | Golden Title | |
| Corporate Deed | $284,900 | Philip R Seaver Title Co Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $334,050 | New Conventional | |
| Closed | $334,050 | New Conventional | |
| Previous Owner | $361,000 | New Conventional | |
| Previous Owner | $264,000 | New Conventional | |
| Previous Owner | $318,800 | Fannie Mae Freddie Mac | |
| Previous Owner | $315,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $310,000 | Credit Line Revolving | |
| Previous Owner | $227,900 | Purchase Money Mortgage | |
| Previous Owner | $42,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2025 05/02/25 | Sold | $393,000 | +0.8% | $327 / Sq Ft |
| 04/10/2025 04/10/25 | Pending | -- | -- | -- |
| 04/02/2025 04/02/25 | For Sale | $389,999 | -- | $325 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $5,170 | $166,740 | $0 | $0 |
| 2022 | $6,653 | $166,750 | $0 | $0 |
| 2020 | $5,166 | $179,510 | $0 | $0 |
| 2018 | $6,653 | $166,440 | $0 | $0 |
| 2017 | $6,389 | $166,440 | $0 | $0 |
| 2015 | -- | $148,200 | $0 | $0 |
| 2014 | -- | $142,610 | $0 | $0 |
| 2011 | -- | $78,140 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin DeVergilio
-
Jolene Jacobs
Buyer's Agent in 2025
Jolene Jacobs
Good Company
(248) 212-7493
28 in this area
378 Total Sales
About Skylofts
Map
Source: Realcomp
MLS Number: 20250022335
APN: 25-21-240-019
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IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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