NOT LISTED FOR SALE

1027 E 5th St Royal Oak, MI 48067

Estimated Value: $431,000 - $562,000

1 Bed
1 Bath
1,798 Sq Ft
$264/Sq Ft Est. Value

Last Sold September 26, 2014

Last sale price $202,000 $112 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $3,131/month

Highlights

  • No HOA
  • 1 Car Detached Garage
  • 4-minute walk to Grant Park
  • Keller Elementary Rated A-
  • Forced Air Heating System

About This Home

As of January 2024

This unit is a short distance from Downtown Royal Oak. The property boasts hardwood floors, along with a kitchen that features granite counter tops, custom cabinets, SS appliances, and high-end fixtures. The bathroom has a recently tiled shower and storage in vanity. There's an assigned parking space, washer, and dryer in the common basement. Schedule your showing today!

Last Agent to Rent the Property

Josh Taylor

Good Company License #6502375010 Listed on: 08/10/2023

Good Company

Last Renter's Agent

Josh Taylor

Good Company License #6502375010 Listed on: 08/10/2023

Good Company

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1925

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 49 x 105

Parking

  • 1 Car Detached Garage

Home Design

  • Half Duplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,798 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Upper Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $2,250
  • 12 Month Lease Term
  • Assessor Parcel Number 2522208025

Community Details

Overview

  • No Home Owners Association
  • Fourth Avenue Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Lease Type: Single Family House
  • Security Deposit: 2250.00

Listing Details

  • Property Type: Residential
  • Architecture Style: 1/2 Duplex with Land
  • Architecture Level: 2 Story
  • Year Built: 1925
  • Year Renovated: 1925
  • Entry Location: Upper Level w/Steps
  • Pets Allowed: Call
  • AgentOnly_ListPriceByAcre: 12500.0000
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 1798

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 200.00

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 49 x 105
  • Parcel Number: 2522208025

Multi Family

  • Length of Lease: 12 Months

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2014
Closed on
Sep 26, 2014
Sold by
Nolton Catherine M and Nolton Allen E
Bought by
Taylor Carl and Taylor Michelle
Seller's Agent
Kay Hartwell
Temporary Inactive Users
Buyer's Agent
Josh Taylor
Good Company
List Price
$210,000
Sold Price
$202,000
Premium/Discount to List
-$8,000
-3.81%
Current Estimated Value
$474,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,592
Avg. Annual Appreciation
7.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Taylor Carl $202,000 Title One Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2024 01/29/24 Rented $1,500 0.0% --
08/22/2023 08/22/23 Under Contract -- -- --
08/10/2023 08/10/23 For Rent $1,500 +15.4% --
09/23/2015 09/23/15 Rented $1,300 0.0% --
09/22/2015 09/22/15 Under Contract -- -- --
09/09/2015 09/09/15 For Rent $1,300 0.0% --
09/26/2014 09/26/14 Sold $202,000 -3.8% $112 / Sq Ft View Prior Sale
08/23/2014 08/23/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $210,000 -- $117 / 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
2025 $8,005 $199,190 $0 $0
2024 $6,679 $184,650 $0 $0
2022 $7,284 $167,090 $0 $0
2020 $6,443 $140,510 $0 $0
2018 $7,284 $134,910 $0 $0
2017 $6,614 $134,910 $0 $0
2015 -- $115,520 $0 $0
2014 -- $99,900 $0 $0
2011 -- $90,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230066941

Realcomp

APN: 25-22-208-025