NOT LISTED FOR SALE

1071 N Sherman Dr Royal Oak, MI 48067

Estimated Value: $367,000 - $385,054

3 Beds
2.5 Baths
1,499 Sq Ft
$251/Sq Ft Est. Value

Last Sold July 14, 2016

Last sale price $287,830 $192 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,612/month

4 Days on Market

Highlights

  • Newly Remodeled
  • Corner Lot
  • 2 Car Attached Garage
  • Northwood Elementary School Rated A-
  • Covered Patio or Porch
  • Forced Air Heating System

About This Home

As of July 2016

Beautiful New Townhouse style Condominiums in Royal Oak. Live within walking distance to downtown. 1499 square feet, 2 & 3 Bedroom, 2 1/2 baths, 2 car attached garage. Hardwood flooring in kitchen & Powder room, Stand alone Range, Dishwasher & Built in Microwave included. Time to customize your interior selections at Robertson Brothers extensive design center. Spring 2016 occupancy.
Unit 16, Sherman Oaks. New Construction Townhome Condominium within walking distance of downtown Royal Oak. Buy in Royal Oak Brand New for under $300,000!!!!!! 2 car attached garage, 2 or 3 bedroom, 2 1/2 baths. Hardwood flooring in Kitchen & Powder room. Stove, Dishwasher, Microwave all included!!!!Spring 2016 occupancy.

Last Agent to Sell the Property

Ebon Petty

Robertson Brothers Company License #6501190420 Listed on: 10/05/2015

Last Buyer's Agent

Gideon Jones

EXP Realty License #RCO-6501381269

EXP Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,113

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • Property fronts a private road
  • Private Entrance

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

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

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • On-Site Maintenance

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2516384010

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,113

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Townhouse
  • Architecture Level: 3 Story
  • Warranty: Yes
  • Year Built: 2016
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Microwave
  • Sq Ft Combined: 1499
  • Total Sq Ft: 1499

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Community
  • Laundry Facilities: No

Condo/Co-op/Association

  • HOA Fee Includes: Water
  • Association Fee Frequency: Monthly
  • Association Fee: 195
  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Lot Features: Corner Lot
  • Parcel Number: 2516384010

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2025
Sold by
Jia Ruo
Bought by
Manipala Ajith and Mangal Ruchi
Current Estimated Value
$376,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$336,873
Interest Rate
6.37%
Mortgage Type
New Conventional
Estimated Equity
$39,641

Purchase Details

Closed on
Nov 29, 2022
Sold by
Dilawri Shravan
Bought by
Jia Ruo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

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

Range of Values:

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Average Value
Not Available
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
Manipala Ajith $375,000 First Premier Title
Manipala Ajith $375,000 First Premier Title
Jia Ruo $350,000 --
Dilawri Shravan $325,000 Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manipala Ajith $337,500
Closed Manipala Ajith $337,500
Previous Owner Jia Ruo $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2016 07/14/16 Sold $287,830 +4.9% $192 / Sq Ft
10/09/2015 10/09/15 Pending -- -- --
10/05/2015 10/05/15 For Sale $274,290 -- $183 / 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 $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

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Map

Source: Realcomp

MLS Number: 215107821

Realcomp

APN: 25-16-384-010