$370,000
SOLD NOV 29, 2022

1071 N Sherman Dr Unit B Royal Oak, MI 48067

3 Beds
2.5 Baths
1,500 Sq Ft
$195/mo HOA Fee

Recently Sold

$247 Per Sq Ft

1% Below List Price

39 Days on Market

Highlights

  • Contemporary Architecture
  • Ground Level Unit
  • Balcony
  • Northwood Elementary School Rated A-
  • Stainless Steel Appliances
  • 2 Car Direct Access Garage

About This Home

As of November 2022

Newer built 3 bed, 2.5 bath townhouse in a great location in Royal Oak! Short walk to Catalpa Park at 11 mile and Woodward! 2 car attached garage with vinyl plank flooring throughout main floor! Granite countertops in kitchen and main full bath! Low HOA for the price point and location!

Last Agent to Sell the Property

David Thomas

EXP Realty Romeo License #6501389376 Listed on: 10/07/2022

EXP Realty Romeo

Co-Listed By

Ken Hirschmann

EXP Realty License #6506046502

Last Buyer's Agent

Robert Beam

EXP Realty Romeo License #6501445782

EXP Realty Romeo

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 2016

HOA Fees

  • $195 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

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Range Hood
  • 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
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet

Additional Features

  • Private Entrance
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 2516384010

Community Details

Overview

  • Association Phone (248) 377-9933
  • Sherman Oaks Condominium 2116 Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,077

Year Built

Built in 2016

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Contemporary, Townhouse
  • Architecture Level: 3 Story
  • Year Built: 2016
  • State Equalized Value: 161730.0000
  • Entry Location: Ground Level
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: High Spd Internet Avail, Humidifier
  • 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 Electric Range, 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: Private Entry
  • Foundation Materials: Poured
  • Porch Type: Balcony, Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Sewer, Water
  • Association Fee Frequency: Monthly
  • Phone: 2483779933
  • Association Fee: 195
  • Association Fee: Yes

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Parcel Number: 2516384010

Tax Info

  • Tax Amount Summer: 4778.0000
  • Tax Amount Winter: 1299.0000
  • Total Tax: 6077.0000
  • Taxable Value: 161730.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Nov 29, 2022
Sold by
Dilawri Shravan
Bought by
Jia Ruo
Seller's Agent
David Thomas
EXP Realty Romeo
Buyer's Agent
Robert Beam
EXP Realty Romeo
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.17%
Original Mortgage
$280,000
Outstanding Balance
$272,877
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$128,176

Purchase Details

Closed on
Aug 12, 2020
Sold by
Alapati Ravindra
Bought by
Dilawri Shravan and Taneja Mansi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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

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

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 $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

Agents Affiliated with this Home

  • Raymond Karoumy

    Seller's Agent in 2025

    Raymond Karoumy

    Top Agent Realty

    (586) 930-2399

    3 in this area

    72 Total Sales

    Raymond Karoumy
    Section Image
  • David Thomas

    Seller's Agent in 2022

    David Thomas

    EXP Realty Romeo

    (586) 945-4422

    28 in this area

    235 Total Sales

    David Thomas
    Section Image
  • Ken Hirschmann

    Seller Co-Listing Agent in 2022

    Ken Hirschmann

    EXP Realty

    (586) 685-1225

    55 in this area

    698 Total Sales

    Ken Hirschmann
    Section Image
  • Robert Beam

    Buyer's Agent in 2022

    Robert Beam

    EXP Realty Romeo

    (937) 321-1688

    5 in this area

    110 Total Sales

    Robert Beam
    Section Image

  • L

    Buyer's Agent in 2022

    Lauren Wiegand

    EXP Realty

    (810) 844-6348

    5 in this area

    81 Total Sales

    Lauren Wiegand
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20221047950

Realcomp

APN: 25-16-384-010

Michigan Oakland County Royal Oak 48067

1071 N Sherman Dr Unit B, Royal Oak, MI

This home is located at 1071 N Sherman Dr Unit B, Royal Oak, MI 48067 and is currently priced at $370,000, approximately $246 per square foot. This property was built in 2016. 1071 N Sherman Dr Unit B is a home located in Oakland County with nearby schools including Northwood Elementary School, Royal Oak Middle School, and Royal Oak High School.

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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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