NOT LISTED FOR SALE

1025 E 5th St Royal Oak, MI 48067

Estimated Value: $293,577 - $343,000

2 Beds
1 Bath
1,001 Sq Ft
$323/Sq Ft Est. Value

Last Sold December 21, 2015

Last sale price $175,000 $175 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,952/month

Highlights

  • Deck
  • Wood Flooring
  • Porch
  • Royal Oak High School Rated 9+
  • 2 Car Detached Garage
  • 3-minute walk to Grant Park

About This Home

As of December 2015

Original owner home in downtown Royal Oak. This charming Bungalow has been lovingly cared for by the same owner for 74 years! Excellent location and walkable to all of the amenities and festivals that make Royal Oak so special. Home features vestibule entry, living room with bay windows, coved ceilings and wet plaster construction, oak hardwood floors in most rooms (some under carpet). Family room was third bedroom and could be again with one wall added. Rec room with bar in lower level, doorwall to deck, two car garage, newer furnace and central air, all appliances included. Adjacent lot at rear facing Fourth St. also for sale separately.

Last Agent to Sell the Property

Keith Weber

RE/MAX Partners License #MISPE-6501239845 Listed on: 09/26/2015

RE/MAX Partners

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,485

Year Built

  • Built in 1941

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 49x105

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,001 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • Fourth Avenue Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522208024

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,485

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Year Built: 1941
  • Mail City: Royal Oak
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Block, Partially Finished
  • Bedrooms: 2
  • Bedroom 1: On Upper Floor, Dimensions: 23 x 12
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On Entry Level, Dimensions: 11 x 9
  • Bedroom 2 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Dining Room: On Entry Level, Dimensions: 9 x 6
  • Dining Room Floor Covering: Carpet
  • Family Room: On Entry Level, Dimensions: 12 x 10
  • Family Room Floor Covering: Carpet
  • Kitchen: On Entry Level, Dimensions: 11 x 8
  • Living Room: On Entry Level, Dimensions: 16 x 11
  • Living Room Floor Covering: Carpet
  • Other Room1: Dimensions: 22x14, On Level: Lower, Flooring: Linoleum
  • Above Grade Finished Sq Ft: 1001
  • Total Finished Sq Ft: 1001

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Porch
  • Foundation: Basement
  • Frontage: 49
  • Road: Paved Street

Garage/Parking

  • Garage: Detached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 2522208024
  • Lot Dimensions: 49X105
  • Acreage: 0.12
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $2,017.00
  • Winter Tax: Amount: $468.00

MLS Schools

  • School District: Royal Oak Neighborhood Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2015
Closed on
Dec 21, 2015
Sold by
The Estate Of Elizabeth Wiersma
Bought by
Lee Yun Ta
Seller's Agent
Keith Weber
RE/MAX Partners
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$169,900
Sold Price
$175,000
Premium/Discount to List
$5,100
3%
Current Estimated Value
$323,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,644
Avg. Annual Appreciation
6.49%
Original Mortgage
$110,000
Outstanding Balance
$85,512
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$238,132
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
Lee Yun Ta $175,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Yun Ta $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2015 12/21/15 Sold $175,000 0.0% $175 / Sq Ft
11/06/2015 11/06/15 Pending -- -- --
10/14/2015 10/14/15 Off Market $175,000 -- --
09/28/2015 09/28/15 Pending -- -- --
09/26/2015 09/26/15 For Sale $169,900 -- $170 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,762 $122,790 $0 $0
2022 $3,263 $111,550 $0 $0
2020 $2,684 $99,830 $0 $0
2018 $3,263 $83,060 $0 $0
2017 $3,137 $83,060 $0 $0
2015 -- $71,240 $0 $0
2014 -- $65,880 $0 $0
2011 -- $61,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Keith Weber

    RE/MAX

    Section Image

  • .

    Buyer's Agent in 2015

    . Non Mls Member

    NON MLS Member

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31264261

Michigan Multiple Listing Service

APN: 25-22-208-024

Michigan Oakland County Royal Oak 48067

1025 E 5th St, Royal Oak, MI

This home is located at 1025 E 5th St, Royal Oak, MI 48067 since 26 September 2015 and is currently estimated at $323,644, approximately $323 per square foot. This property was built in 1941. 1025 E 5th St is a home located in Oakland County with nearby schools including Keller Elementary, Royal Oak Middle School, and Royal Oak High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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