$376,000 - $395,000
RENTED MAR 5, 2025

Skylofts 100 W 5th St Unit 710 Royal Oak, MI 48067

2 Beds
2 Baths
1,201 Sq Ft
$426/mo HOA Fee

Last Sold September 13, 2024

Last sale price $380,000 $316 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,909/month

Highlights

  • 24-Hour Security
  • Balcony
  • 1-Story Property
  • Northwood Elementary School Rated A-
  • 1 Car Detached Garage
  • 4-minute walk to Centennial Commons

About This Home

As of March 2025

"WOW... Welcome to the Heart of downtown Royal Oak!! "This space is unbelievable, all the fun of Downtown Royal Oak. The pictures speak for themselves. Experience Downtown Living at Its Best! in this beautiful updated 2 bed/2 bath condo, perfectly situated in the vibrant heart of Downtown Royal Oak. Overlooking lively Main Street, this spacious unit combines style, comfort, and convenience. Enjoy an open-concept Great Room with elegant bamboo flooring that flows into a contemporary island kitchen, complete with granite countertops and stainless steel appliances. Step onto your private balcony for captivating city views and the energy of downtown right at your doorstep. This Condo offer premium amenities, including a secure entry, an on-site fitness center, and hassle-free secured garage parking. It's perfect for those who crave a dynamic lifestyle with immediate access to Royal Oak’s best dining, shopping, and entertainment. please note no Dogs allowed per condo rules. The west- and south-facing balcony allows you to enjoy spectacular views & sunsets of the Detroit skyline. Recent updates include renovated bathrooms, fresh paint, and new window shades. Covered garage parking is included, and you'll be within walking distance to the movie theater, dining, shopping, and everything Royal Oak has to offer.Monthly rent includes water and gas. Don’t miss out on this amazing rental opportunity—schedule your private showing today and make this urban gem your home!

Last Agent to Rent the Property

Bahia Jarrah

Keller Williams First License #6501324031 Listed on: 10/25/2024

Keller Williams First

Last Renter's Agent

Bahia Jarrah

Keller Williams First License #6501324031 Listed on: 10/25/2024

Keller Williams First

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,127

Year Built

  • Built in 2003 | Remodeled in 2019

Lot Details

  • 348

HOA Fees

  • $426 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Asphalt
  • Vinyl Construction Material

Interior Spaces

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

Kitchen

  • Free-Standing Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Detached Garage
  • Heated Garage

Utilities

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

Additional Features

  • Balcony
  • Upper level unit with elevator

Listing and Financial Details

  • Security Deposit $4,350
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 100.00
  • Assessor Parcel Number 2521240052

Community Details

Overview

  • The Condominum Group Tim Evans Association, Phone Number (810) 953-1000
  • High-Rise Condominium
  • Skylofts Royal Oak Condo Occpn 1471 Subdivision

Security

  • 24-Hour Security
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,127

Year Built

Built in 2003 | Remodeled in 2019

Lot Details

0

HOA Fees

$426 per month

Rental Info

  • Application Fee: 100.00
  • Lease Type: Condominium
  • Rent Includes: Heat, Water
  • Security Deposit: 4350.00

Listing Details

  • Property Type: Condominium
  • Architecture Style: High Rise
  • Architecture Level: 1 Story
  • Year Built: 2003
  • Year Renovated: 2019
  • Entry Location: Upper Level w/Elevator
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Smoke Alarm, Carbon Monoxide Alarm(s), Fire Sprinkler, 24 Hour Security, Building Security
  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Gas Oven, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 1201
  • Total Sq Ft: 1201
  • Sq Ft Total Bsmt: 1201

Exterior Features

  • Roof Material: Built-Up
  • Foundation Details: Slab
  • Construction Materials: Asphalt, Vinyl
  • Porch Type: Balcony
  • Road Frontage Type: Paved
  • Sideof Street: W

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Heated, Detached, Covered
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Gas, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: 810-953-1000
  • Association Fee: 426
  • Association Contact: The condominum group-Tim Evans
  • Association Fee: Yes

Fee Information

  • Additional Fee: 200.00

Schools

  • School District: Royal Oak

Lot Info

  • Parcel Number: 2521240052

Multi Family

  • Length of Lease: 12 Months, 13-24 Months

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Sep 13, 2024
Sold by
Shukairy Aman Khaled
Bought by
Shukairy Aman Khaled and Jowanieh Ahmad Salem
Seller's Agent
Christian Grothe
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Bahia Jarrah
Keller Williams First
List Price
$379,900
Sold Price
$380,000
Premium/Discount to List
$100
0.03%
Views
28
Current Estimated Value
$389,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,472
Avg. Annual Appreciation
2.44%
Original Mortgage
$255,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2021
Sold by
Aciemo Shelley and Aciemo Chari Michelle
Bought by
Aciemo Shelley

Purchase Details

Closed on
Mar 15, 2018
Sold by
Sheth Naysha M and Varghese Naysha
Bought by
Acierno Ichari Michelle Renee

Purchase Details

Closed on
Feb 19, 2004
Sold by
Skylofts Royal Oak Partners Inc
Bought by
Sheth Naysha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,100
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Shukairy Aman Khaled -- None Listed On Document
Shukairy Aman Khaled -- None Listed On Document
Skylofts Royal Oak Condominium Association -- None Listed On Document
Shukairy Aman Khaled $380,000 None Listed On Document
Shukairy Aman Khaled $380,000 None Listed On Document
Aciemo Shelley -- None Available
Acierno Ichari Michelle Renee $371,275 None Available
Sheth Naysha M $313,900 Philip R Seaver Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shukairy Aman Khaled $255,000
Previous Owner Varghese Naysha M $237,760
Previous Owner Sheth Naysha M $251,100
Previous Owner Sheth Naysha M $47,105
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Rented $2,950 -1.7% --
02/09/2025 02/09/25 Under Contract -- -- --
12/07/2024 12/07/24 Price Changed $3,000 -4.8% $2 / Sq Ft
11/17/2024 11/17/24 Price Changed $3,150 +8.6% $3 / Sq Ft
10/25/2024 10/25/24 For Rent $2,900 0.0% --
09/13/2024 09/13/24 Sold $380,000 0.0% $338 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $379,900 -- $338 / 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 $5,127 $165,350 $0 $0
2022 $6,608 $165,620 $0 $0
2020 $5,126 $177,980 $0 $0
2018 $6,608 $164,810 $0 $0
2017 $4,725 $164,810 $0 $0
2015 -- $146,620 $0 $0
2014 -- $141,110 $0 $0
2011 -- $77,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240080805

Realcomp

APN: 25-21-240-052