NOT LISTED FOR SALE

1024 E 5th St Royal Oak, MI 48067

Estimated Value: $494,445 - $695,000

3 Beds
2.5 Baths
1,730 Sq Ft
$327/Sq Ft Est. Value

Last Sold May 01, 2012

Last sale price $273,000 $158 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,487/month

58 Days on Market

Highlights

  • Tudor Architecture
  • No HOA
  • Porch
  • Jetted Tub in Primary Bathroom
  • 3 Car Direct Access Garage
  • 4-minute walk to Grant Park

About This Home

As of May 2012

Stunning tudor in Downtown Royal Oak! Newer gourmet kitchen w/ granite & s.s. appliances. Spacious liv & din rm w/ gleaming hardwood floors, gas fireplace & cove ceilings. Great master suite w/ 2 large closets. Finished lower level w/ den & 1/2 bath. Large 3 car garage w/ attic storage. Private fenced yard w/ paver patio & walk ways. Newer furnace, roof & landscaping. 1 yr home protection plan. Walk to downtown & parks.

Last Listed By

Kimberly Nagy Street

EXP Realty Nagy Group License #6501265705 Listed on: 03/03/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 50 x 143
  • Fenced

Home Design

  • Tudor Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,730 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Watch Farm Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522252015

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,746

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Tudor
  • Architecture Level: 1 1/2 Story
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Humidifier, Jetted Tub
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room, Living Room
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1730
  • Total Sq Ft: 1730

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Fenced, Lighting
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Electricity, Door Opener, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Lot Dimensions: 50 X 143
  • Parcel Number: 2522252015

Tax Info

  • Tax Amount Summer: 3626.0000
  • Tax Amount Winter: 120.0000
  • Total Tax: 3746.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2012
Closed on
May 1, 2012
Sold by
Joy Kevin and Joy Evelyn
Bought by
Papaghanian Haig and Davidson Amanda
Seller's Agent
Kimberly Nagy Street
EXP Realty Nagy Group
Buyer's Agent
Linda Eriksen
Max Broock, REALTORS®-Birmingham
List Price
$295,000
Sold Price
$273,000
Premium/Discount to List
-$22,000
-7.46%
Total Days on Market
58
Current Estimated Value
$564,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,861
Avg. Annual Appreciation
5.72%
Original Mortgage
$218,400
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2006
Sold by
Vaive David V and Graham Morgan M
Bought by
Joy Kevin and Joy Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
6.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 23, 2004
Sold by
Valdez Ronald F
Bought by
Vaive David and Graham Morgan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 1999
Sold by
Valdez Ronald F
Bought by
Valdez Ronald F

Range of Values:

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Average Value
Not Available
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
Papaghanian Haig $273,000 None Available
Joy Kevin $237,000 None Available
Vaive David $295,000 Philip R Seaver Title Co Inc
Valdez Ronald F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papaghanian Haig $215,000
Closed Papaghanian Haig $218,400
Previous Owner Joy Kevin $189,600
Previous Owner Vaive David $295,000
Previous Owner Valdez Ronald F $60,000
Previous Owner Valdez Ronald F $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2012 05/01/12 Sold $273,000 -7.5% $158 / Sq Ft
04/30/2012 04/30/12 Pending -- -- --
03/03/2012 03/03/12 For Sale $295,000 -- $171 / 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 $3,905 $200,980 $0 $0
2022 $4,614 $182,030 $0 $0
2020 $3,973 $155,050 $0 $0
2018 $4,614 $149,380 $0 $0
2017 $4,527 $149,380 $0 $0
2015 -- $125,060 $0 $0
2014 -- $107,990 $0 $0
2011 -- $103,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212022492

Realcomp

APN: 25-22-252-015