$380,000
SOLD SEP 13, 2024 RENTED MAR 5, 2025

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

2 Beds
2 Baths
1,125 Sq Ft
$426/mo HOA Fee

Recently Sold

$338 Per Sq Ft

8 Days on Market

Highlights

  • Stainless Steel Appliances
  • 1 Car Direct Access Garage
  • Forced Air Heating and Cooling System
  • Northwood Elementary School Rated A-
  • 1-Story Property
  • 4-minute walk to Centennial Commons

About This Home

As of September 2024

Discover urban living at its finest with this stunning east-facing 2 bed/2 bath loft condo in the highly sought-after Skylofts, located in the vibrant heart of Downtown Royal Oak. Overlooking Main Street, this exceptional unit offers a blend of style, convenience, and modern amenities, making it an excellent opportunity to own a prime piece of real estate in a coveted location. The spacious open floor plan features a Great Room with bamboo flooring that flows seamlessly into the contemporary island kitchen, equipped with granite countertops and stainless steel appliances. Step out onto your private balcony and take in the lively views of Main Street and the bustling downtown atmosphere. Thoughtfully updated, this condo provides a comfortable and modern living experience. Skyloft Condos are renowned for their premium location and impressive amenities. Feel secure with a private and secured entrance, and stay active and healthy with the on-site exercise facility. The convenience and security of secured garage parking make living here hassle-free and enjoyable. This beautifully updated unit is perfect for those seeking a vibrant and dynamic lifestyle in a highly desired community. With unparalleled access to the best dining, shopping, and entertainment that Downtown Royal Oak has to offer, this condo is an exceptional find. Don’t miss out on this incredible opportunity to own a piece of Downtown Royal Oak. Schedule your private showing today!

Last Agent to Sell the Property

Christian Grothe

Max Broock, REALTORS®-Birmingham License #6501329715 Listed on: 07/24/2024

Max Broock, REALTORS®-Birmingham

Co-Listed By

Dimitrios Kosmidis

Max Broock, REALTORS®-Birmingham License #6501441251

Last Buyer's Agent

Bahia Jarrah

Keller Williams First License #6501324031

Keller Williams First

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2003

HOA Fees

  • $426 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Concrete Siding

Interior Spaces

  • 1,125 Sq Ft Home
  • 1-Story Property

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Upper level unit with elevator

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2521240052

Community Details

Overview

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

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,573

Year Built

Built in 2003

Lot Details

0

HOA Fees

$426 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: High Rise, Loft
  • Architecture Level: 1 Story
  • Year Built: 2003
  • State Equalized Value: 162210.0000
  • Entry Location: Upper Level w/Elevator
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: High Spd Internet Avail
  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 1125
  • Total Sq Ft: 1125

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick, Concrete
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Direct Access, Attached
  • 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)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Gas, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: 810-953-1000
  • Association Fee: 426
  • Association Contact: The Condominium Group, Inc. - Jim Evans
  • Association Fee: Yes

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Parcel Number: 2521240052

Rental Info

  • Tenant Amenities: Laundry In-Unit

Tax Info

  • Tax Amount Summer: 5126.0000
  • Tax Amount Winter: 1447.0000
  • Total Tax: 6573.0000
  • Taxable Value: 162210.0000

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
$381,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,292
Avg. Annual Appreciation
1.06%
Original Mortgage
$255,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2023
Sold by
Acierno Shelley
Bought by
Acierno Shelley

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

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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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed -- None Listed On Document
Warranty Deed $380,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $371,275 None Available
Warranty Deed $313,900 Philip R Seaver Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $255,000 New Conventional
Previous Owner $237,760 New Conventional
Previous Owner $251,100 Purchase Money Mortgage
Previous Owner $47,105 Credit Line Revolving
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: 20240046771

Realcomp

APN: 25-21-240-052