$380,000
$40K PRICE DROP

1071 N Sherman Dr Unit B Royal Oak, MI 48067

Estimated payment $2,876/month

Total Views 5,889
3 Beds
2.5 Baths
1,500 Sq Ft
$253 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • Ground Level Unit
  • 2 Car Attached Garage
  • Northwood Elementary School Rated A-
  • Balcony
  • Forced Air Heating and Cooling System

About This Home

Price Drop! Here's your chance! Don't miss this stunning, remodeled newer build condo! Featuring new white quartz counter-tops in the kitchen, gorgeous oak luxury engineered wood flooring throughout, and a sleek new shower glass door in the master bath. Enjoy the convenience of an attached 2-car garage, all appliances included, a private front door entry, and a balcony. Perfectly situated near Woodward and downtown Royal Oak with ample open parking. This gem won't last – schedule your showing today!

Listing Agent

Raymond Karoumy

Top Agent Realty License #6501397337 Listed on: 05/15/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 2016 | Remodeled in 2023

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,500 Sq Ft Home
  • 3-Story Property
  • Furnished or left unfurnished upon request

Kitchen

  • Free-Standing Electric Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas

Additional Features

  • Private Entrance
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 2516384010

Community Details

Overview

  • Landarc Property Management 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

$6,561

Year Built

Built in 2016 | Remodeled in 2023

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Contemporary, Townhouse
  • Architecture Level: 3 Story
  • Year Built: 2016
  • State Equalized Value: 178420.0000
  • Year Renovated: 2023
  • Entry Location: Ground Level
  • Pets Allowed: Call
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Furnished - Negotiable
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Appliances: Vented Exhaust Fan, Dishwasher, Disposal, Dryer, Free-Standing Electric Oven, Free-Standing Refrigerator, 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
  • Porch Type: Balcony
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Grounds, Sewer, Water
  • Association Fee Frequency: Monthly
  • Phone: 248-377-9933
  • Association Fee: 220
  • Association Contact: LandArc Property Management
  • Association Fee: Yes

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Parcel Number: 2516384010

Tax Info

  • Tax Amount Summer: 5113.0000
  • Tax Amount Winter: 1448.0000
  • Total Tax: 6561.0000

MLS Schools

  • School District: Royal Oak

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,113 $178,420 $0 $0
2022 $6,191 $161,730 $0 $0
2020 $4,968 $0 $0 $0
2018 $6,191 $136,060 $0 $0
2017 $5,585 $136,060 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 Price Changed $380,000 -5.0% $253 / Sq Ft
06/06/2025 06/06/25 Price Changed $400,000 0.0% $267 / Sq Ft
05/20/2025 05/20/25 Price Changed $399,999 -4.8% $267 / Sq Ft
05/15/2025 05/15/25 For Sale $420,000 +13.5% $280 / Sq Ft
11/29/2022 11/29/22 Sold $370,000 +2.8% $247 / Sq Ft
10/28/2022 10/28/22 Price Changed $360,000 -4.0% $240 / Sq Ft
10/07/2022 10/07/22 For Sale $375,000 0.0% $250 / Sq Ft
09/06/2022 09/06/22 Rented $2,750 0.0% --
08/22/2022 08/22/22 Price Changed $2,750 -5.2% $2 / Sq Ft
08/16/2022 08/16/22 For Rent $2,900 -- --
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed $350,000 --
Warranty Deed $325,000 Title One Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Previous Owner $292,500 New Conventional
Previous Owner $210,000 New Conventional
Previous Owner $15,000,000 Unknown
Previous Owner $1,550,000 Future Advance Clause Open End Mortgage
Source: Public Records

Similar Homes in the area

  • 1011 N Sherman Dr, Royal Oak, MI 48067

    $414,900

    • 2 Beds
    • 2.5 Baths
    • 1,500 Sq Ft
    • 1011 N Sherman Dr
    • Royal Oak, MI

    Experience the best of Downtown Royal Oak living in this remarkable end unit townhouse featuring an attached 2-car garage and a bright, open layout designed for modern comfort. The main level showcases soaring ceilings, a true chef’s kitchen with upscale finishes and rare upgrades inclusive of beverage center and coffee bar, and a spacious family room with a cozy fireplace. Just off the family

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

    Section Image
  • 642 W 11 Mile Rd, Royal Oak, MI 48067

    $449,000

    • 2 Beds
    • 2.5 Baths
    • 1,641 Sq Ft
    • 642 W 11 Mile Rd
    • Royal Oak, MI

    Modern 3-Level Townhouse Just Steps from Downtown Royal Oak!Discover contemporary living at its finest in this stunning 3-story townhouse, ideally located within walking distance of vibrant Downtown Royal Oak. This beautifully designed home features:2 Spacious Bedrooms — Each on its own private level for ultimate comfort and privacy.Open-Concept Living — Gorgeous hardwood floors flow throughout

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

    Section Image
  • 610 S Troy St Unit 103, Royal Oak, MI 48067

    $460,000

    • 2 Beds
    • 2 Baths
    • 1,312 Sq Ft
    • 610 S Troy St
    • Unit 103
    • Royal Oak, MI

    It doesn't get much better....a modern loft, just steps away from all that Downtown Royal Oak has to offer! This 2 bedroom, 2 bathroom condo has everything you're looking for - tall ceilings, tons of natural light, and an open layout that feels super spacious. The beautiful kitchen flows right into the living area, making it a dream for entertaining. Or just hang out outside - on the large

    Brandon Verlinden EXP Realty

    Section Image
  • 417 James Cir Unit 68, Royal Oak, MI 48067

    $399,900

    • 3 Beds
    • 2.5 Baths
    • 1,615 Sq Ft
    • 417 James Cir
    • Unit 68
    • Royal Oak, MI

    Welcome to this impressive 3-bedroom, 2.5-bath Townhome in the coveted Crossings at Irving Avenue, just a walk away from vibrant Downtown Royal Oak. Spanning over 2,000 sq ft, this home features a private entrance, attached 2-car garage, and a serene community setting. The main level boasts hardwood floors, a cozy gas fireplace in the spacious living room, and a custom kitchen with granite

    Tonya Newberry Max Broock, REALTORS®-Birmingham

    Section Image
  • 508 Woodlawn Ave, Royal Oak, MI 48073

    $343,000

    • 2 Beds
    • 2.5 Baths
    • 1,500 Sq Ft
    • 508 Woodlawn Ave
    • Royal Oak, MI

    MOVE-IN READY! IMMEDIATE OCCUPANCY! MOTIVATED SELLER!Welcome to this stunning modern townhouse, built in 2017, feels like new and is ready for you to call home.Featuring an open-concept layout, the spacious great room opens to the balcony — perfect for relaxing or entertaining. The beautiful wood floors add warmth and elegance, while the kitchen boasts stainless steel appliances, granite

    Zainab Jaafar-Chami RE/MAX Classic

    Section Image
  • 1660 Normandy Rd Unit 9, Clawson, MI 48017

    $300,000

    • 3 Beds
    • 2.5 Baths
    • 1,571 Sq Ft
    • 1660 Normandy Rd
    • Unit 9
    • Clawson, MI

    Lovely three bedroom condo in Clawson with charming finishes and a fantastic layout designed for comfort and convenience. The first floor features beautiful oak hardwood floors and an open living and dining area complete with built-ins and a cozy gas fireplace. A convenient half bath is tucked just off the living space. The spacious kitchen offers granite counters, stainless steel appliances, a

    Jim Shaffer Good Company

    Section Image
  • 604 Millard Ave, Royal Oak, MI 48073

    $335,000

    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • 604 Millard Ave
    • Royal Oak, MI

    What a find, Royal Oak 2 bedrooms, 2 full bathroom, 1 car garage. This is a split level home. On the first floor: large living room and dinning area with new flooring. Kitchen with granite counter-tops and stainless Steel appliances. One bedroom with master bathroom. All Freshly painted. Lower level just 5 steps down: a second family room, bedroom, full bathroom, giant laundry room, lots of

    George Vulaj GNS Realty

    Section Image
  • 2500 Normandy Rd Unit 47, Royal Oak, MI 48073

    $399,000

    • 3 Beds
    • 2.5 Baths
    • 1,499 Sq Ft
    • 2500 Normandy Rd
    • Unit 47
    • Royal Oak, MI

    This stunning 3-bed, 2.5 bath condo has it all, offering the perfect balance of style and functionality! The open-concept main floor is ideal for entertaining, featuring a spacious living area with large windows that fill the home with natural light. The modern kitchen is a dream, complete with stainless steel appliances, quartz countertops, and custom cabinetry. Upstairs, the primary suite

    Michael Norcia Khoury Real Estate LLC

    Section Image

Source: Realcomp

MLS Number: 20250035148

Realcomp

APN: 25-16-384-010