NOT LISTED FOR SALE

1011 N Sherman Dr Unit B Royal Oak, MI 48067

Estimated Value: $399,000 - $404,000

2 Beds
2.5 Baths
1,355 Sq Ft
$230/mo HOA Fee

Last Sold October 16, 2024

Last sale price $385,000 $284 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,779/month

18 Days on Market

Highlights

  • Stainless Steel Appliances
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Northwood Elementary School Rated A-

About This Home

As of October 2024

Sharp Royal Oak Robertson Brothers condo located in the residential area with rare 2 car garage all close to downtown. Enjoy 2 bedrooms, 2.5 baths, large open family room and kitchen with SS appliances, center island, and gas stove for those in the know! Dark plank flooring. Lots of natural light and private deck. Primary suite with walk-in closet. Washer, dryer, tub, and cabinets in the laundry area. Private entry and quiet area. Low association fees include sewer, water, trash, exterior maintenance, and insurance.

Last Agent to Sell the Property

Stephen Cole

Signature Sotheby's International Realty Bham License #6501121498 Listed on: 08/26/2024

Signature Sotheby's International Realty Bham

Last Buyer's Agent

Amy Brent

Cedarwood Realty LLC, a Michigan LLC License #6501401044

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2016

Lot Details

  • 2,526

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,355 Sq Ft Home
  • 3-Story Property

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2516384036

Community Details

Overview

  • Land Arc / Keborah Muniz Association, Phone Number (248) 377-9933
  • Sherman Oaks Condominium 2116 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,402

Year Built

Built in 2016

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Type: Condominium
  • Architecture Level: 3 Story
  • Year Built: 2016
  • State Equalized Value: 165300.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer
  • Total Sq Ft: 1355

Exterior Features

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

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Grounds, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: 248-377-9933
  • Association Fee: 230
  • Association Contact: LAND ARC / KEBORAH MUNIZ
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • Parcel Number: 2516384036

Tax Info

  • Tax Amount Summer: 4957.0000
  • Tax Amount Winter: 1445.0000
  • Total Tax: 6402.0000
  • Taxable Value: 165300.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Oct 16, 2024
Sold by
Kalas Leah and Neville Richard
Bought by
Rubenfire Jason Eric
Seller's Agent
Stephen Cole
Signature Sotheby's International Realty Bham
Buyer's Agent
Amy Brent
Cedarwood Realty LLC, a Michigan LLC
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%
Views
14
Current Estimated Value
$401,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,813
Avg. Annual Appreciation
4.37%
Original Mortgage
$265,000
Outstanding Balance
$262,214
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$139,599

Purchase Details

Closed on
Sep 29, 2020
Sold by
Coyle John and Giampa Coyle Claudia
Bought by
Kalas Leah and Neville Richard

Purchase Details

Closed on
Mar 6, 2017
Sold by
Robertson Sherman Oaks Llc
Bought by
Coyle John and Giampa Coyle Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,926
Interest Rate
4.17%
Mortgage Type
New Conventional
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
Rubenfire Jason Eric $385,000 Ata National Title
Rubenfire Jason Eric $385,000 Ata National Title
Kalas Leah -- Devon Title Agency
Coyle John $296,765 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubenfire Jason Eric $265,000
Closed Rubenfire Jason Eric $265,000
Previous Owner Coyle John $281,926
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2024 10/16/24 Sold $385,000 -3.7% $284 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
08/26/2024 08/26/24 For Sale $399,900 -- $295 / 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 $5,101 $178,000 $0 $0
2022 $6,177 $161,360 $0 $0
2020 $4,957 $0 $0 $0
2018 $6,177 $104,860 $0 $0
2017 $3,696 $104,860 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240062627

Realcomp

APN: 25-16-384-036