NOT LISTED FOR SALE

1607 E 5th St Royal Oak, MI 48067

Estimated Value: $229,000 - $304,000

3 Beds
1 Bath
1,006 Sq Ft
$270/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $182,000 $181 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,892/month

3 Days on Market

Highlights

  • 2-Story Property
  • No HOA
  • Shed
  • Ground Level Unit
  • Covered Patio or Porch
  • 3-minute walk to VFW Park

About This Home

As of February 2022

This is the best value in Royal Oak. In real estate, location is everything and this home has it being near everything Royal Oak has to offer. This well-maintained home, with all natural wood floors, is waiting for the next buyer to come in with some finishing touches to make it their own. The floor plan is about as perfect as you get with spacious rooms. Outside, you can't help but notice the post card quality curb appeal with a nice sized yard. At this price, with your finishing touches you can have the opportunity to be in a great equity position day 1 (which is hard to do in Royal Oak). Call now to make your appointment. Also included with this home is the guarantee offer program that if you buy this home, we will provide a guaranteed offer on your home.

Last Agent to Sell the Property

James Bruney

KW Professionals Brighton License #6501331399 Listed on: 09/16/2021

KW Professionals Brighton

Last Buyer's Agent

Joe Hammel

Keller Williams Somerset License #6501422602

Keller Williams Somerset

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1941

Lot Details

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

Home Design

  • 1,006 Sq Ft Home
  • 2-Story Property
  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Outdoor Features

  • Covered Patio or Porch
  • Shed

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Fourth Avenue Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522238009
  • $3,640 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,510

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow, Ranch
  • Architecture Level: 2 Story
  • Year Built: 1941
  • State Equalized Value: 90460.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail, Cable Available
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: ENERGY STAR® qualified dryer, ENERGY STAR® qualified washer, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator
  • Sq Ft Combined: 1006
  • Total Sq Ft: 1006
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 45
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • 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

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Lot Features: Level
  • Lot Size Area: 0.11
  • Lot Dimensions: 45.00X105.00
  • Parcel Number: 2522238009

Tax Info

  • Tax Amount Summer: 1920.0000
  • Tax Amount Winter: 590.0000
  • Total Tax: 2510.0000
  • Taxable Value: 60280.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Feb 18, 2022
Sold by
Board Robbie and Board Margaret J
Bought by
Holtz Morgan
Seller's Agent
James Bruney
KW Professionals Brighton
Buyer's Agent
Joe Hammel
Keller Williams Somerset
List Price
$175,000
Sold Price
$182,000
Premium/Discount to List
$7,000
4%
Current Estimated Value
$271,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,222
Avg. Annual Appreciation
10.33%
Original Mortgage
$145,600
Outstanding Balance
$136,929
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$120,840

Purchase Details

Closed on
Apr 24, 1998
Sold by
Deluca Donna M
Bought by
Deluca Donna M
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Holtz Morgan $182,000 None Listed On Document
Deluca Donna M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holtz Morgan $145,600
Closed Holtz Morgan $145,600
Previous Owner Deluca Donna M $54,945
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $182,000 +4.0% $181 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $175,000 -- $174 / 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 $5,006 $108,950 $0 $0
2022 $2,383 $96,340 $0 $0
2020 $4,829 $85,120 $0 $0
2018 $2,383 $72,430 $0 $0
2017 $2,338 $72,430 $0 $0
2015 -- $61,680 $0 $0
2014 -- $57,210 $0 $0
2011 -- $53,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    James Bruney

    KW Professionals Brighton

    Section Image
  • Joe Hammel

    Buyer's Agent in 2022

    Joe Hammel

    Keller Williams Somerset

    (330) 844-5209

    19 in this area

    1,010 Total Sales

    Joe Hammel
    Section Image
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Map

Source: Realcomp

MLS Number: 2210077923

Realcomp

APN: 25-22-238-009

Michigan Oakland County Royal Oak 48067

1607 E 5th St, Royal Oak, MI

This home is located at 1607 E 5th St, Royal Oak, MI 48067 since 16 September 2021 and is currently estimated at $271,222, approximately $269 per square foot. This property was built in 1941. 1607 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
Copyright 2025 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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