NOT LISTED FOR SALE

100 W 5th St Unit 510 Royal Oak, MI 48067

Estimated Value: $380,000 - $402,000

2 Beds
2 Baths
1,201 Sq Ft
$412/mo HOA Fee

Last Sold April 10, 2024

Last sale price $396,000 $330 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,915/month

6 Days on Market

Highlights

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

About This Home

As of April 2024

Step into style… Welcome to the beautifully updated unit #510 at the Skylofts in downtown Royal Oak. This light-filled 2-bed, 2-full bath chic industrial loft boasts an east-facing floor-to-ceiling wall of windows that open onto your private balcony, creating an inviting ambiance.

Host gatherings in the perfect entertaining space featuring 10-foot ceilings and stylish hardwood flooring. The seller has spared no expense, investing over $20,000 in upgrades including a chic kitchen renovation completed in November 2022. The kitchen showcases top-of-the-line stainless steel appliances, including a Bosch dishwasher and refrigerator with built-in wine fridge, a KitchenAid commercial-style gas range and a sleek low-profile microwave hood combination. Stunning Calcutta Laza quartz adorns the backsplash and countertops, including the waterfall encasing the large center island. Further upgrades include a Nest thermostat, new LG washer/dryer and newer paint.

The primary bedroom exudes good taste with its wooden venetian blinds and large custom walk-in closet leading to the ensuite bath. The well thought out guest bedroom offers flexibility with a built-in Murphy bed that seamlessly tucks away to create extra space for a home office.

Both baths are adorned with ceramic tiles, adding a touch of sophistication. The unit also offers the coveted convenience of a tandem parking spot accommodating two vehicles.

Furthermore, the building provides a well-equipped gym, secure bike storage, and a private storage cage, furnishing residents with every convenience. Experience elevated living in the heart of Downtown Royal Oak.

Last Agent to Sell the Property

Lisa Nederlander

@properties Christie's Int'l R.E. Birmingham License #6501397405 Listed on: 03/15/2024

@properties Christie's Int'l R.E. Birmingham

Last Buyer's Agent

Grace Mulcahy

@properties Christie's Int'l R.E. Birmingham License #6501430201

@properties Christie's Int'l R.E. Birmingham

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2003

Lot Details

  • 348

HOA Fees

  • $412 Monthly HOA Fees

Parking

  • 2 Parking Garage Spaces

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,201 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 2521240024

Community Details

Overview

  • Bruce G. Pollack & Ass./Jim Evans Association, Phone Number (810) 690-0330
  • Skylofts Royal Oak Condo Occpn 1471 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,566

Year Built

Built in 2003

Lot Details

0

HOA Fees

$412 per month

Listing Details

  • Property Type: Condominium
  • Architecture Level: 1 Story
  • Year Built: 2003
  • State Equalized Value: 162010.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Unfinished, Common
  • Sq Ft Combined: 1201
  • Total Sq Ft: 1201

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Porch Type: Balcony
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: 8106900330
  • Association Fee: 412
  • Association Contact: Bruce G. Pollack & Ass./Jim Evans
  • Association Fee: Yes

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Parcel Number: 2521240024

Tax Info

  • Tax Amount Summer: 5120.0000
  • Tax Amount Winter: 1446.0000
  • Total Tax: 6566.0000
  • Taxable Value: 162010.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 10, 2024
Sold by
Cooley Robert Bradley and Cooley Courtney
Bought by
Field Bradley
Seller's Agent
Lisa Nederlander
@properties Christie's Int'l R.E. Birmingham
Buyer's Agent
Grace Mulcahy
@properties Christie's Int'l R.E. Birmingham
List Price
$369,000
Sold Price
$396,000
Premium/Discount to List
$27,000
7.32%
Views
53
Current Estimated Value
$391,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,325
Avg. Annual Appreciation
-0.73%
Original Mortgage
$376,200
Outstanding Balance
$370,579
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$21,096

Purchase Details

Listed on
Aug 3, 2020
Closed on
Sep 24, 2020
Sold by
Han Daniel and Han Haeryoung
Bought by
Cooley Robert Bradley and Cooley Courtney
Seller's Agent
Rex Berkeley
Signature Sotheby's International Realty Bham
Buyer's Agent
Sara Schmitz
Cornerstone Real Estate
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$292,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 5, 2014
Closed on
Apr 2, 2014
Sold by
Wietzman Allan J and Wietzman Tracy
Bought by
Han Daniel and Han Haeryoung
Seller's Agent
Anna Kligman
Encore Real Estate, LLC
Buyer's Agent
Chad Hooks
Berkshire Hathaway HomeServices HWWB
List Price
$328,000
Sold Price
$325,000
Premium/Discount to List
-$3,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$243,750
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2004
Sold by
Skylofts Royal Oak Partners & Inc
Bought by
Kligman Richard S and Weitzman Allan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,400
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Field Bradley $396,000 None Listed On Document
Field Bradley $396,000 None Listed On Document
Cooley Robert Bradley $325,000 Fnt
Han Daniel $325,000 Seaver Title Agency Llc
Kligman Richard S $318,800 Philip R Seaver Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Field Bradley $376,200
Closed Field Bradley $376,200
Previous Owner Cooley Robert Bradley $292,500
Previous Owner Han Daniel $243,750
Previous Owner Kligman Richard S $254,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2024 04/10/24 Sold $396,000 +7.3% $330 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $369,000 +13.5% $307 / Sq Ft
09/28/2020 09/28/20 Sold $325,000 0.0% $271 / Sq Ft View Prior Sale
08/17/2020 08/17/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $325,000 0.0% $271 / Sq Ft
04/14/2016 04/14/16 Rented $2,800 0.0% --
04/07/2016 04/07/16 Under Contract -- -- --
03/29/2016 03/29/16 For Rent $2,800 0.0% --
04/02/2014 04/02/14 Sold $325,000 -0.9% $271 / Sq Ft View Prior Sale
03/12/2014 03/12/14 Pending -- -- --
01/05/2014 01/05/14 For Sale $328,000 -- $273 / 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 $5,121 $165,150 $0 $0
2022 $6,600 $165,410 $0 $0
2020 $5,120 $177,780 $0 $0
2018 $6,600 $164,470 $0 $0
2017 $6,304 $164,470 $0 $0
2015 -- $146,270 $0 $0
2014 -- $140,770 $0 $0
2011 -- $77,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240013783

Realcomp

APN: 25-21-240-024