NOT LISTED FOR SALE

1031 N Sherman Dr Unit D Royal Oak, MI 48067

Estimated Value: $401,000 - $434,000

2 Beds
2.5 Baths
1,500 Sq Ft
$278/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $380,000 $253 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,095/month

15 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Stainless Steel Appliances
  • Northwood Elementary School Rated A-
  • Ground Level Unit
  • 5-minute walk to Fernwood Park

About This Home

As of October 2022

This Custom Built Contemporary Townhouse for this owner has all the extras... Central Vac System, Custom Great Room Audio System, Upgrade Flooring, High End Mabel Counters and Top of the Line Appliances. A three story town-home with 2-car garage. Renovated laundry area with an added pantry are just a few of the things that make this desirable end unit unique. The living area and deck floor plan are perfect for entertaining guests. Located deeper in the Sherman Oaks complex for a more private experience. This neighborhood offers a friendly community with walking distance to Downtown Royal Oak and a multitude of recreational parks. Quick access to multiple highways for a stress free commute.

Last Agent to Sell the Property

Jeff Decker

Keller Williams Premier License #6501261589 Listed on: 08/24/2022

Keller Williams Premier

Last Buyer's Agent

Marcia Levenson

Good Company License #6501424633

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 2016

Lot Details

  • Private Entrance
  • Fenced

HOA Fees

  • $223 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,500 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Furnished or left unfurnished upon request
  • Sound System
  • Ceiling Fan
  • ENERGY STAR Qualified Windows

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • ENERGY STAR Qualified Dryer
  • Dryer
  • ENERGY STAR Qualified Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting
  • Porch

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2516384026

Community Details

Overview

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

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,931

Year Built

Built in 2016

Lot Details

0

HOA Fees

$223 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Contemporary, Townhouse
  • Architecture Level: 3 Story
  • Year Built: 2016
  • State Equalized Value: 166940.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Smoke Alarm, Cable Available, Central Vacuum, Circuit Breakers, ENERGY STAR® Qualified Window(s), High Spd Internet Avail, Furnished - Negotiable, Programmable Thermostat, Sound System
  • Room Count: 9
  • Total Bedrooms: 2
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Appliances: ENERGY STAR® qualified dryer, ENERGY STAR® qualified washer, Vented Exhaust Fan, Built-In Gas Oven, Built-In Gas Range, Dishwasher, Disposal, Dryer, ENERGY STAR® qualified refrigerator, Exhaust Fan, Free-Standing Refrigerator, Microwave, Range Hood, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 1500
  • Total Sq Ft: 1500

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Grounds Maintenance, Lighting, Private Entry, Fenced
  • Foundation Materials: Poured
  • Porch Type: Balcony, Deck, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: S
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, 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, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: 248 377-9933
  • Association Fee: 223
  • Association Contact: LANDARC
  • Association Fee: Yes

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Parcel Number: 2516384026

Green Features

  • Green Energy Efficient: Appliances, Insulation, Windows, Thermostat

Tax Info

  • Tax Amount Summer: 4747.0000
  • Tax Amount Winter: 1184.0000
  • Total Tax: 5931.0000
  • Taxable Value: 149020.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Oct 11, 2022
Sold by
Decker Alexandrea Lee
Bought by
Alice L Mcloughlin Trust
Seller's Agent
Jeff Decker
Keller Williams Premier
Buyer's Agent
Marcia Levenson
Good Company
List Price
$380,000
Sold Price
$380,000
Views
71
Current Estimated Value
$416,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,531
Avg. Annual Appreciation
3.07%

Purchase Details

Closed on
Dec 12, 2016
Sold by
Robertson Sherman Oaks Llc
Bought by
Decker Alexandrea Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,541
Interest Rate
3.54%
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
Alice L Mcloughlin Trust $380,000 Michigan Moves Title
Decker Alexandrea Lee $299,490 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Decker Alexandrea Lee $269,541
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2022 10/11/22 Sold $380,000 0.0% $253 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $380,000 -- $253 / 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 $8,246 $182,170 $0 $0
2022 $5,893 $165,020 $0 $0
2020 $7,954 $0 $0 $0
2018 $5,893 $137,960 $0 $0
2017 $5,663 $137,960 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221034665

Realcomp

APN: 25-16-384-026