NOT LISTED FOR SALE

1071 N Sherman Dr Unit C Royal Oak, MI 48067

Estimated Value: $391,000 - $453,000

2 Beds
2.5 Baths
1,499 Sq Ft
$273/Sq Ft Est. Value

Highlights

  • No HOA
  • Balcony
  • Programmable Thermostat
  • Northwood Elementary School Rated A-
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2018

Beautiful Royal Oak condo for lease! Walking distance to downtown Royal Oak and all that the Woodward Corridor has to offer. Hard wood floors, two large bedrooms each with their own full bathrooms. Laundry in unit with attached two car garage. Fully updated kitchen with granite counter tops great for entertaining along with easily accessible half bath on main floor. Great access to the outside with balcony off the living room. This condo is two years old, nothing to worry about here, just move right in and enjoy the stay!

First months rent, security deposit, and non-refundable cleaning fee are due at signing
Must provide full lease application included in listing docs along with 2 previous pay stubs, credit report including FICO score, recent bank statement showing proof of funds and copy of driver's license.

UNIT CURRENTLY TENANT OCCUPIED . REQUEST 24-HOUR SHOWING APPROVAL. SCHEDULE ALL SHOWINGS THROUGH SHOWING TIME.

Last Agent to Rent the Property

Michael Manetta

Michael Manetta Realty License #6501399784 Listed on: 04/10/2018

Michael Manetta Realty

Last Renter's Agent

Joseph Brandonisio

Real Estate One-Troy License #6501381713

Real Estate One-Troy

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,774

Year Built

  • Built in 2016

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,499 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

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

Additional Features

  • Balcony
  • Private Entrance

Listing and Financial Details

  • Security Deposit $3,600
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Assessor Parcel Number 2516384011

Community Details

Overview

  • No Home Owners Association
  • Sherman Oaks Condominium 2116 Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,774

Year Built

Built in 2016

Lot Details

0

Rental Info

  • Lease Type: Condominium
  • Rent Includes: Association Fee, Trash Collection (Garbage Pickup), Snow Removal, Water/Sewer, Yard Maintenance
  • Security Deposit: 3600.00
  • Tenant Amenities: Laundry In-Unit

Listing Details

  • Property Type: Condominium
  • Architecture Style: Townhouse
  • Architecture Level: 3 Story
  • Year Built: 2016
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s), High Spd Internet Avail, Humidifier, Programmable Thermostat
  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1499
  • Total Sq Ft: 1499

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Private Entry
  • Foundation Materials: Poured
  • Porch Type: Balcony
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Electricity
  • 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: No

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 150.00

Schools

  • School District: Royal Oak

Lot Info

  • Parcel Number: 2516384011

Multi Family

  • Length of Lease: 12 Months, 13-24 Months

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2016
Sold by
Robertson Sherman Oaks Llc
Bought by
Rust Matthew
Current Estimated Value
$408,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Outstanding Balance
$147,781
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$261,155
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
Rust Matthew $285,310 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rust Matthew $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2018 05/14/18 Rented $2,300 -4.2% --
04/15/2018 04/15/18 Under Contract -- -- --
04/10/2018 04/10/18 For Rent $2,400 -- --
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 $7,774 $178,420 $0 $0
2022 $8,478 $161,730 $0 $0
2020 $7,498 $0 $0 $0
2018 $8,478 $136,060 $0 $0
2017 $5,585 $136,060 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218029685

Realcomp

APN: 25-16-384-011