NOT LISTED FOR SALE

1515 E 5th St Royal Oak, MI 48067

Estimated Value: $323,000 - $359,907

3 Beds
1.5 Baths
1,170 Sq Ft
$292/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2025

Last sale price $367,200 $314 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,177 / mo

44 Days on Market

Highlights

  • Ground Level Unit
  • No HOA
  • Bungalow
  • Oakland Elementary School Rated 9+
  • 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

4,792 Sq Ft Lot

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

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 14, 2025
Closed on
Mar 31, 2025
Sold by
Bought by
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
$341,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,973
Avg. Annual Appreciation
-5.61%
Original Mortgage
$293,760
Outstanding Balance
$291,736
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$49,491

Purchase Details

Closed on
May 31, 2024
Sold by
Bought by

Purchase Details

Closed on
Jul 23, 2008
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 Buyer Sale Price Title Company
$367,200 None Listed On Document
$367,200 None Listed On Document
-- Title Wrx Agency
-- Title Wrx Agency
-- None Listed On Document
$232,000 None Listed On Document
$232,000 None Listed On Document
-- None Listed On Document
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 Borrower Loan Amount
Open $293,760
Closed $293,760
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
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

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 $4,134 $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

  • Justin Woodbeck

    Seller's Agent in 2025

    Justin Woodbeck

    Thrive Realty Company

    (248) 514-1774

    96 Total Sales

    Justin Woodbeck
    Section Image
  • Sheel Sohal

    Buyer's Agent in 2025

    Sheel Sohal

    KW Domain

    (248) 249-3122

    282 Total Sales

    Sheel Sohal
    Section Image
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Map

Source: Realcomp

MLS Number: 20250009006

Realcomp

APN: 25-22-237-009

Michigan Oakland County Royal Oak 48067

1515 E 5th St, Royal Oak, MI

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
Copyright 2026 Realcomp II Ltd. Shareholders
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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