NOT LISTED FOR SALE

1603 E 5th St Royal Oak, MI 48067

Estimated Value: $357,000 - $369,000

3 Beds
2 Baths
1,000 Sq Ft
$362/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $265,000 $265 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,260/month

10 Days on Market

Highlights

  • Car Lift
  • Corner Lot
  • No HOA
  • Deck
  • Ground Level Unit
  • 3-minute walk to VFW Park

About This Home

As of December 2019

CLOSE TO DOWNTOWN ROYAL OAK!! Enjoy the convenience of a short walk to downtown Royal Oak, or the park 1 block to the south, or Fresh Approach Grocery store. This updated bungalow includes a recently remodeled kitchen with self close drawers and granite counter tops. All stainless steel kitchen appliances included, as well as washer and dryer. Partially finished basement also includes full bath with shower. Corner lot allows direct access to New over-sized garage with 9' ceilings fully insulated, finished, and includes power. 2 pole lift in garage is excluded, but could be purchased separately. Yard is fully fenced. Similar homes in the area are selling up to $290K, SCHEDULE A SHOWING SOON BEFORE IT'S GONE!

Last Agent to Sell the Property

Severin Faulhaber

KW Professionals License #6501324312 Listed on: 11/15/2019

KW Professionals

Last Buyer's Agent

Steven Gottlieb

Red Carpet Keim Concierge License #RCO-6504209107

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1941

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x105
  • Fenced
  • Corner Lot

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2.5 Car Detached Garage
  • Car Lift

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2522238008

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,299

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1941
  • State Equalized Value: 97050.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1400
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 1000
  • Sq Ft Total Bsmt: 772

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exclusions: Yes
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Deck, Patio, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Detached, Electricity, Lift, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2291666.6667
  • Lot Features: Corner Lot
  • Lot Size Area: 0.12
  • Lot Dimensions: 50x105
  • Parcel Number: 2522238008

Tax Info

  • Tax Amount Summer: 2575.0000
  • Tax Amount Winter: 724.0000
  • Total Tax: 3299.0000
  • Taxable Value: 80350.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2019
Closed on
Dec 16, 2019
Sold by
Swoboda Abbie E and Canale Salvatore R
Bought by
Ferguson Lindsay
Seller's Agent
Severin Faulhaber
KW Professionals
Buyer's Agent
Steven Gottlieb
Red Carpet Keim Concierge
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Current Estimated Value
$361,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,942
Avg. Annual Appreciation
5.57%

Purchase Details

Closed on
Aug 24, 2015
Sold by
Swoboda Abbie and Swoboda Abbie E
Bought by
Swoboda Abbie E and Canale Salvatore R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 7, 2014
Closed on
Jul 11, 2014
Sold by
Brown David W and Brown Vicky Marie
Bought by
Swoboda Abbie
Seller's Agent
Marianne Mast
KW Metro
Buyer's Agent
Lynn Miller
Prestige Realty International
List Price
$159,000
Sold Price
$146,500
Premium/Discount to List
-$12,500
-7.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$139,175
Interest Rate
4.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ferguson Lindsay $265,000 None Available
Swoboda Abbie E -- Sterling Title Agency
Swoboda Abbie $146,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferguson Lindsay $130,950
Previous Owner Swoboda Abbie E $139,200
Previous Owner Swoboda Abbie $139,175
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2019 12/16/19 Sold $265,000 -3.6% $265 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
11/15/2019 11/15/19 For Sale $275,000 +87.7% $275 / Sq Ft
07/11/2014 07/11/14 Sold $146,500 -7.9% $152 / Sq Ft
05/30/2014 05/30/14 Pending -- -- --
05/07/2014 05/07/14 For Sale $159,000 -- $165 / Sq Ft
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 $3,493 $140,310 $0 $0
2022 $4,127 $129,950 $0 $0
2020 $3,394 $102,920 $0 $0
2018 $4,127 $87,680 $0 $0
2017 $3,155 $87,680 $0 $0
2015 -- $68,780 $0 $0
2014 -- $63,790 $0 $0
2011 -- $59,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Severin Faulhaber

    Seller's Agent in 2019

    Severin Faulhaber

    KW Professionals

    (734) 891-7085

    37 Total Sales

    Severin Faulhaber
    Section Image

  • S

    Buyer's Agent in 2019

    Steven Gottlieb

    Red Carpet Keim Concierge

    (248) 670-2700

    19 Total Sales

    Steven Gottlieb
    Section Image

  • M

    Seller's Agent in 2014

    Marianne Mast

    KW Metro

    Section Image
  • Lynn Miller

    Buyer's Agent in 2014

    Lynn Miller

    Prestige Realty International

    (313) 363-0661

    15 Total Sales

    Lynn Miller
    Section Image
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Map

Source: Realcomp

MLS Number: 219116146

Realcomp

APN: 25-22-238-008

Michigan Oakland County Royal Oak 48067

1603 E 5th St, Royal Oak, MI

This home is located at 1603 E 5th St, Royal Oak, MI 48067 since 15 November 2019 and is currently estimated at $361,942, approximately $361 per square foot. This property was built in 1941. 1603 E 5th St is a home located in Oakland County with nearby schools including Oakland 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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