NOT LISTED FOR SALE

1201 E 5th St Royal Oak, MI 48067

Estimated Value: $329,079 - $342,000

3 Beds
1 Bath
1,203 Sq Ft
$279/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $243,000 $202 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,142/month

Highlights

  • No HOA
  • 2.5 Car Detached Garage
  • Bungalow
  • Keller Elementary Rated A-
  • Fireplace
  • 4-minute walk to Marks Park

About This Home

As of August 2020

L.S.S.D.

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 07/10/2020

Good Company

Last Buyer's Agent

Jim Shaffer

Good Company License #6502380733 Listed on: 07/10/2020

Good Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1942

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 45.00x105.00

Parking

  • 2.5 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,203 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Fourth Avenue Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522209021

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,060

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 Story
  • Year Built: 1942
  • State Equalized Value: 103410.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Humidifier
  • Fireplace: Yes
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 1203

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Detached
  • 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

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2226363.6364
  • Lot Size Area: 0.11
  • Lot Dimensions: 45.00X105.00
  • Parcel Number: 2522209021

Tax Info

  • Tax Amount Summer: 2384.0000
  • Tax Amount Winter: 676.0000
  • Total Tax: 3060.0000
  • Taxable Value: 74390.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 3, 2020
Sold by
Weinberg David
Bought by
Lalko Kevin Robert
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Jim Shaffer
Good Company
Sold Price
$243,000
Current Estimated Value
$335,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,051
Avg. Annual Appreciation
6.17%
Original Mortgage
$194,400
Outstanding Balance
$171,610
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$163,910

Purchase Details

Closed on
Jan 8, 1999
Sold by
Impastato Salvator
Bought by
Weinberg David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
6.8%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lalko Kevin Robert $243,000 Parks Title
Weinberg David $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lalko Kevin Robert $194,400
Previous Owner Weinberg David $128,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2020 08/03/20 Sold $243,000 -- $202 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
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
2025 $4,639 $137,890 $0 $0
2024 $3,531 $124,450 $0 $0
2022 $4,172 $112,950 $0 $0
2020 $3,431 $110,170 $0 $0
2018 $4,172 $95,670 $0 $0
2017 $2,967 $95,670 $0 $0
2015 -- $82,590 $0 $0
2014 -- $75,910 $0 $0
2011 -- $69,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Shaffer

    Seller's Agent in 2020

    Jim Shaffer

    Good Company

    (248) 834-3030

    492 in this area

    3,697 Total Sales

    Jim Shaffer
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Map

Source: Realcomp

MLS Number: 2200053202

Realcomp

APN: 25-22-209-021

Michigan Oakland County Royal Oak 48067

1201 E 5th St, Royal Oak, MI

Not Listed for Sale

Detached

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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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