$367,200
SOLD MAR 31, 2025

1515 E 5th St Royal Oak, MI 48067

3 Beds
1.5 Baths
1,170 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$314 Per Sq Ft

5% Above List Price

44 Days on Market

Highlights

  • Ground Level Unit
  • No HOA
  • Bungalow
  • Royal Oak High School Rated A-
  • 1 Car Detached Garage
  • 4-minute walk to VFW Park

About This Home

As of March 2025

Step into this updated bungalow and you will know instantly that you are home. Nestled on tree-lined Fifth St. within striking distance of all things Royal Oak, this 3 bedroom, 1.5 bath bungalow offers over 2000 sq ft of finished living space in total! Every corner of the home has been updated with care. From the spacious eat-in kitchen, the expansive primary bedroom with flex space to the finished basement with bonus bathroom, this home has it all! Inside amongst the laundry list of features you will find custom kitchen cabinetry, refinished hardwoods, added insulation in the bedrooms, modern design touches, exposed brick and more. This one is the definition of “turn key”! Licensed agent must be present for all showings.

Last Agent to Sell the Property

Justin Woodbeck

Thrive Realty Company License #6502401521 Listed on: 02/14/2025

Last Buyer's Agent

Sheel Sohal

KW Domain License #6501406081

KW Domain

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1941

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 45.00 x 105.00

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,170 Sq Ft Home
  • 1-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association
  • Fourth Avenue Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522237009
  • $3,700 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,922

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 Story
  • Year Built: 1941
  • State Equalized Value: 129720.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Total Sq Ft: 1170

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.11
  • Lot Dimensions: 45.00 x 105.00
  • Parcel Number: 2522237009

Tax Info

  • Tax Amount Summer: 2277.0000
  • Tax Amount Winter: 645.0000
  • Total Tax: 2922.0000
  • Taxable Value: 77490.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2025
Closed on
Mar 31, 2025
Sold by
Courtney Jason and Hallowell Richard
Bought by
Anderson Elizabeth
Seller's Agent
Justin Woodbeck
Thrive Realty Company
Buyer's Agent
Sheel Sohal
KW Domain
List Price
$350,000
Sold Price
$367,200
Premium/Discount to List
$17,200
4.91%
Views
57
Current Estimated Value
$368,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,246
Avg. Annual Appreciation
0.41%
Original Mortgage
$293,760
Outstanding Balance
$291,736
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$76,710

Purchase Details

Closed on
May 31, 2024
Sold by
Courtney Jason
Bought by
Courtney Jason and Hallowell Richard

Purchase Details

Closed on
Jul 23, 2008
Sold by
Zayance John Edward and Zayance Rita R
Bought by
Zayance John Edward and Zayance Rita R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $367,200 None Listed On Document
Warranty Deed $367,200 None Listed On Document
Quit Claim Deed -- Title Wrx Agency
Quit Claim Deed -- Title Wrx Agency
Quit Claim Deed -- None Listed On Document
Warranty Deed $232,000 None Listed On Document
Warranty Deed $232,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $293,760 New Conventional
Closed $293,760 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2025 03/31/25 Sold $367,200 +4.9% $314 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
02/14/2025 02/14/25 For Sale $350,000 -- $299 / Sq Ft
Source: Realcomp

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 $2,992 $141,670 $0 $0
2024 $2,277 $129,720 $0 $0
2022 $2,691 $117,650 $0 $0
2020 $2,213 $105,310 $0 $0
2018 $2,691 $90,570 $0 $0
2017 $2,602 $90,570 $0 $0
2015 -- $77,970 $0 $0
2014 -- $71,770 $0 $0
2011 -- $67,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250009006

Realcomp

APN: 25-22-237-009