NOT LISTED FOR SALE

1031 N Sherman Dr Unit B Royal Oak, MI 48067

Estimated Value: $385,000 - $414,000

3 Beds
2.5 Baths
1,500 Sq Ft
$266/Sq Ft Est. Value

Sale Details

Date Sold: March 30, 2023

Last sale price $385,000 $257 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,895 / mo

15 Days on Market

Highlights

  • Covered Patio or Porch
  • Stainless Steel Appliances
  • 2 Car Direct Access Garage
  • Northwood Elementary School Rated A-
  • Balcony
  • 5-minute walk to Fernwood Park

About This Home

As of March 2023

Come check out this newer construction townhouse in the heart of Royal Oak. Located just a few blocks walk to Downtown Royal Oak’s Shopping, Dining, Entertainment, Parks & Schools, you will fall in love with this tucked away condo complex. Walk in the front door and head upstairs to the main living space. This completely updated, open concept kitchen and living room is the perfect space to entertain, host dinner parties or simply lounge around. The beautiful kitchen is complete with a large island with bar stool area, stainless steal appliances and hardwood floors. Upstairs, there are 2 generously sized bedrooms with ample closet space and the beautiful primary suite, complete with an ensuite full bath. Don't miss all the upgrades this home has to offer, the amazing windows letting in tons of natural light and the peaceful atmosphere of the green space right out the front door. This is one you have to see to believe!

Last Agent to Sell the Property

Lauren Grube

Thrive Realty Company License #6501423393 Listed on: 01/28/2023

Last Buyer's Agent

Kaitlyn Pangrazzi

@properties Christie's Int'l R.E. Birmingham License #6501396235

@properties Christie's Int'l R.E. Birmingham

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 2016

Lot Details

  • 2,526

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,500 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Electric Fireplace
  • Family Room with Fireplace

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Private Entrance
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 722516384028

Community Details

Overview

  • Landarc Association, Phone Number (248) 377-9933
  • Sherman Oaks Condominium 2116 Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,805

Year Built

Built in 2016

Lot Details

2,526 Sq Ft Lot

HOA Fees

$220 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Townhouse
  • Architecture Level: 3 Story
  • Year Built: 2016
  • State Equalized Value: 161360.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Smoke Alarm, Cable Available, High Spd Internet Avail, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Electric
  • Fireplace Locations: Family Room
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer
  • Total Sq Ft: 1500

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick, Vinyl
  • Exclusions: Yes
  • Exterior Features: Grounds Maintenance, Private Entry
  • Porch Type: Balcony, Porch - Covered, Porch, Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Door Opener, Attached
  • 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: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Structure, Maintenance Grounds, Water
  • Association Fee Frequency: Monthly
  • Phone: 2483779933
  • Association Fee: 220
  • Association Contact: Landarc
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • Parcel Number: 722516384028

Rental Info

  • Tenant Amenities: Laundry In-Unit

Tax Info

  • Tax Amount Summer: 4480.0000
  • Tax Amount Winter: 1325.0000
  • Total Tax: 5805.0000
  • Taxable Value: 161360.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2023
Closed on
Mar 30, 2023
Sold by
Watson David and Watson Courtney
Bought by
Thomas Alexander H
Seller's Agent
Lauren Grube
Thrive Realty Company
Buyer's Agent
Kaitlyn Pangrazzi
@properties Christie's Int'l R.E. Birmingham
List Price
$385,000
Sold Price
$385,000
Views
66
Current Estimated Value
$399,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,099
Avg. Annual Appreciation
1.17%
Original Mortgage
$308,000
Outstanding Balance
$298,300
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$100,799

Purchase Details

Closed on
Dec 9, 2016
Sold by
Robertson Sherman Oaks Llc
Bought by
Watson David and Watson Courtney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,886
Interest Rate
3.54%
Mortgage Type
New Conventional
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
Thomas Alexander H $385,000 None Listed On Document
Thomas Alexander H $385,000 --
Watson David $297,775 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Alexander H $308,000
Previous Owner Watson David $282,886
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2023 03/30/23 Sold $385,000 0.0% $257 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $385,000 0.0% $257 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/28/2023 01/28/23 For Sale $385,000 -- $257 / Sq Ft
Source: Realcomp

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 $6,873 $185,430 $0 $0
2024 $5,231 $178,000 $0 $0
2022 $5,805 $161,360 $0 $0
2020 $4,774 $0 $0 $0
2018 $5,805 $135,900 $0 $0
2017 $5,579 $135,900 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lauren Grube

    Seller's Agent in 2023

    Lauren Grube

    Thrive Realty Company

    (586) 615-9744

    6 in this area

    59 Total Sales

    Lauren Grube
    Section Image
  • Kaitlyn Pangrazzi

    Buyer's Agent in 2023

    Kaitlyn Pangrazzi

    @properties Christie's Int'l R.E. Birmingham

    (248) 727-7262

    37 in this area

    216 Total Sales

    Kaitlyn Pangrazzi
    Section Image
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Map

Source: Realcomp

MLS Number: 20230005967

Realcomp

APN: 25-16-384-028

Michigan Oakland County Royal Oak 48067

1031 N Sherman Dr Unit B, Royal Oak, MI

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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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