$385,000
SOLD APR 10, 2026

1507 E 5th St Royal Oak, MI 48067

3 Beds
2 Baths
1,432 Sq Ft
4,792 Sq Ft Lot Lot

Sale Details

Date Sold: April 10, 2026

$269 Per Sq Ft

43 Days on Market

Highlights

  • Laundry Room
  • Forced Air Heating and Cooling System
  • Garage
  • Oakland Elementary School Rated 9+
  • Ceiling Fan
  • 5-minute walk to VFW Park

About This Home

As of April 2026

WALK TO DOWNTOWN ROYAL OAK - WITHOUT THE DOWNTOWN PRICE TAG! Tucked away on a quiet, tree-lined block in one of Royal Oak’s most desirable neighborhoods, this colonial offers the rare opportunity to enjoy true walkability to dining, shopping, parks, nightlife, and year-round events - all while maintaining privacy and a peaceful setting. Set away from the street, this inviting home blends charm, functionality, and value in a way that’s hard to find at this price point. Inside, you’ll find a thoughtfully designed, expanded layout featuring two full bathrooms above grade, a true second level, and a first-floor laundry room - rare offerings in the area. The spacious kitchen features granite countertops, maple cabinetry, hardwood floors, and a peninsula with seating. The kitchen flows seamlessly into the dining area with direct access to the backyard deck - ideal for entertaining or everyday living. The flexible floor plan includes a main-level bedroom ideal for a home office, den, or guest space, while upstairs bedrooms are generously sized and filled with natural light. Additional highlights include a detached garage, immaculate basement for storage, and a private backyard setting that feels tucked away, yet just moments from the energy of downtown. If you’ve been waiting for an affordable opportunity to live within walking distance to everything Royal Oak has to offer - without compromising on space, layout, or convenience - this is it.

Last Agent to Sell the Property

Alexandra Lannen

DOBI Real Estate License #6502411775 Listed on: 02/26/2026

DOBI Real Estate

Last Buyer's Agent

Dean Sigler

Real Broker, LLC License #6501453768

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 45x105
  • Back Yard Fenced

Parking

  • Garage

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,432 Sq Ft Home
  • Ceiling Fan
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Ground Level

Utilities

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

Community Details

  • Fourth Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522237013

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,717

Year Built

Built in 1924

Lot Details

4,792 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1924
  • State Equalized Value: 160620.00
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Property Sub Type: SingleFamilyResidence
  • Co List Office Mls Id: 403268
  • Above Grade Finished Sq Ft: 1432.00
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: No
  • Foundation Details: Basement, Block
  • Construction Materials: VinylSiding
  • Road Frontage Type: Paved
  • Fencing: BackYard
  • Disclosures: ExclusionsDoNotExist, NoRestrictions, TaxesNotHomesteadExempt
  • Home Warranty: No
  • Roof: Asphalt

Garage/Parking

  • Garage: Yes

Utilities

  • Cooling: CeilingFans, CentralAir
  • Heating: ForcedAir, NaturalGas
  • Sewer: PublicSewer
  • Water Heater Fuel: NaturalGas
  • Water Source: Public

Schools

  • Junior High Dist: RoyalOak

Lot Info

  • Lot Dimensions: 45X105
  • Parcel Number: 2522237013

Tax Info

  • Tax Amount Summer: 4376.00
  • Tax Amount Winter: 1341.00
  • Tax Annual Amount: 5717.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
Mar 16, 2022
Sold by
Bought by
Seller's Agent
Jeff Bortnick
New Home Experts, LLC
Buyer's Agent
Alexandra Lannen
DOBI Real Estate
List Price
$319,900
Sold Price
$335,000
Premium/Discount to List
$15,100
4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.45%

Purchase Details

Listed on
Jan 10, 2017
Closed on
Feb 3, 2017
Sold by
Bought by
Seller's Agent
Midge Moran
KW Showcase Realty
Buyer's Agent
Jeff Bortnick
New Home Experts, LLC
List Price
$250,000
Sold Price
$235,000
Premium/Discount to List
-$15,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%

Purchase Details

Listed on
Sep 18, 2012
Closed on
Oct 24, 2012
Sold by
Bought by
Seller's Agent
Stacy Miletti
Real Estate One Troy
Buyer's Agent
. Non Mls Member
NON MLS MEMBER
List Price
$164,900
Sold Price
$165,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$154,375
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 27, 2000
Sold by
Bought by

Purchase Details

Closed on
Jan 24, 1997
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $335,000 None Listed On Document
Warranty Deed $235,000 None Available
Warranty Deed $165,000 Capital Title Ins Agency
Quit Claim Deed -- Multiple
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $154,375 New Conventional
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2026 04/10/26 Sold $385,000 0.0% $269 / Sq Ft
02/26/2026 02/26/26 For Sale $385,000 +14.9% $269 / Sq Ft
03/16/2022 03/16/22 Sold $335,000 +4.7% $234 / Sq Ft View Prior Sale
02/11/2022 02/11/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $319,900 +36.1% $223 / Sq Ft
02/03/2017 02/03/17 Sold $235,000 -6.0% $164 / Sq Ft View Prior Sale
01/30/2017 01/30/17 Pending -- -- --
01/10/2017 01/10/17 For Sale $250,000 +51.5% $175 / Sq Ft
10/24/2012 10/24/12 Sold $165,000 +0.1% $115 / Sq Ft View Prior Sale
10/04/2012 10/04/12 Pending -- -- --
09/18/2012 09/18/12 For Sale $164,900 -- $115 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,376 $160,620 $0 $0
2024 $4,275 $145,450 $0 $0
2022 $4,606 $135,160 $0 $0
2020 $4,180 $123,000 $0 $0
2018 $4,606 $90,060 $0 $0
2017 $2,779 $90,060 $0 $0
2015 -- $79,730 $0 $0
2014 -- $67,590 $0 $0
2011 -- $62,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20261011637

Realcomp

APN: 25-22-237-013

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