$393,000 - $402,913
RENTED DEC 2, 2024

1071 N Sherman Dr Royal Oak, MI 48067

2 Beds
2.5 Baths
1,499 Sq Ft
$265 Price per Sq Ft

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Ceiling Fan
  • Northwood Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of December 2024

This home is located at 1071 N Sherman Dr, Royal Oak, MI 48067 since 29 July 2024 and is currently priced at $396,978. This property was built in 2016. 1071 N Sherman Dr is a home located in Oakland County with nearby schools including Northwood Elementary School, Royal Oak Middle School, and Royal Oak High School.

Last Agent to Rent the Property

Joshua Wright

Keller Williams Paint Creek License #6502371801 Listed on: 07/29/2024

Keller Williams Paint Creek

Last Renter's Agent

Joshua Wright

Keller Williams Paint Creek License #6502371801 Listed on: 07/29/2024

Keller Williams Paint Creek

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,869

Year Built

  • Built in 2016

Lot Details

  • 2,526

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Security Deposit $3,750
  • Negotiable Lease Term
  • Assessor Parcel Number 2516384009

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,869

Year Built

Built in 2016

Lot Details

0

Rental Info

  • Lease Type: Condominium
  • Security Deposit: 3750.00

Listing Details

  • Property Type: Condominium
  • Architecture Style: Townhouse
  • Architecture Level: 3 Story
  • Year Built: 2016
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Room Count: 9
  • Total Bedrooms: 2
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Sq Ft Combined: 1499
  • Total Sq Ft: 1499

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Aluminum
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Electric
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Parcel Number: 2516384009

Multi Family

  • Length of Lease: Negotiable

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2025
Sold by
Pillarisetty Srinivas Phanindra and Pillartsetty Srini
Bought by
Li Xiaoqiang
Current Estimated Value
$396,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Outstanding Balance
$289,277
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$107,701

Purchase Details

Closed on
Aug 2, 2016
Sold by
Robertson Sherman Oaks Llc
Bought by
Pillarisetty Srini and Pillarisetty Srinivas Phanindra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Li Xiaoqiang $388,000 None Listed On Document
Li Xiaoqiang $388,000 None Listed On Document
Pillarisetty Srini $276,375 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Xiaoqiang $291,000
Closed Li Xiaoqiang $291,000
Previous Owner Pillarisetty Srini $221,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2024 12/02/24 Rented $2,500 0.0% --
09/05/2024 09/05/24 Under Contract -- -- --
07/29/2024 07/29/24 For Rent $2,500 -7.4% --
08/20/2021 08/20/21 Rented $2,700 +8.0% --
08/20/2021 08/20/21 Under Contract -- -- --
08/04/2021 08/04/21 Price Changed $2,500 -16.7% $2 / Sq Ft
07/07/2021 07/07/21 Price Changed $3,000 -14.3% $2 / Sq Ft
06/23/2021 06/23/21 For Rent $3,500 +45.8% --
05/15/2018 05/15/18 Rented $2,400 -4.0% --
04/11/2018 04/11/18 Under Contract -- -- --
03/20/2018 03/20/18 For Rent $2,500 +4.2% --
05/01/2017 05/01/17 Rented $2,400 0.0% --
04/25/2017 04/25/17 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 $7,869 $181,730 $0 $0
2022 $8,581 $164,640 $0 $0
2020 $7,590 $0 $0 $0
2018 $8,581 $137,720 $0 $0
2017 $7,792 $137,720 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joshua Wright

    Landlord's Agent in 2024

    Joshua Wright

    Keller Williams Paint Creek

    (248) 270-8017

    7 in this area

    80 Total Sales

    Joshua Wright
    Section Image
  • Heather Covell

    Seller's Agent in 2021

    Heather Covell

    Good Company

    (313) 378-8070

    4 in this area

    144 Total Sales

    Heather Covell
    Section Image
  • Dane Ramsden

    Seller Co-Listing Agent in 2021

    Dane Ramsden

    Keller Williams Paint Creek

    (586) 219-0560

    8 in this area

    230 Total Sales

    Dane Ramsden
    Section Image
  • June Noh

    Buyer's Agent in 2021

    June Noh

    Keller Williams Paint Creek

    (248) 253-6106

    8 in this area

    110 Total Sales

    June Noh
    Section Image
  • Keisuke Takemoto

    Buyer's Agent in 2018

    Keisuke Takemoto

    MKT Homes LLC

    (734) 660-9232

    23 Total Sales

    Keisuke Takemoto
    Section Image

  • M

    Seller's Agent in 2017

    Matthew Blackmer

    Temporary Inactive Users

See All Agents

Map

Source: Realcomp

MLS Number: 20240053660

Realcomp

APN: 25-16-384-009

Michigan Oakland County Royal Oak 48067

1071 N Sherman Dr, Royal Oak, MI

This home is located at 1071 N Sherman Dr, Royal Oak, MI 48067 since 29 July 2024 and is currently priced at $396,978. This property was built in 2016. 1071 N Sherman Dr is a home located in Oakland County with nearby schools including Northwood Elementary School, Royal Oak Middle School, and Royal Oak High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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