NOT LISTED FOR SALE

1617 E 5th St Royal Oak, MI 48067

Estimated Value: $308,000 - $389,000

3 Beds
2 Baths
950 Sq Ft
$374/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $287,500 $303 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,293/month

31 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Stainless Steel Appliances
  • Royal Oak High School Rated A-
  • Covered Patio or Porch
  • 4-minute walk to VFW Park

About This Home

As of January 2021

Absolutely gorgeous completely updated Brick Ranch walking distance to Downtown Royal Oak. Everything you can imagine has been replaced. All new Kitchen with quartz countertops, stainless steel appliances and hardwood floors. 2 brand new full bathrooms with subway tile and ceramic floors. Beautiful new painted walls, trim,ceilings throughout. All new windows, roof, gutters and gutter guards,the house is fully insulated, new concrete, new furnace, a/c , new plumbing and updated electrical system. The spacious open basement is finished with painted ceilings and carpeted floors, separate laundry and furnace rooms and excellent storage. The oversized garage with an 8 ft garage door has been recently built. Tremendous location with access Beaumont hospital, Birmingham and to freeways is just 1 minute drive or walk to Downtown Royal Oak. Fresh sod. A private fenced yard . This property is non homestead Also for lease @$2200 per month

Last Agent to Sell the Property

Nicholas Warren

Real Broker Birmingham License #6501419171 Listed on: 11/18/2020

Real Broker Birmingham

Co-Listed By

Mike Warren

RE/MAX Nexus License #6501229706

Last Buyer's Agent

Michael Perna

Keller Williams Advantage License #RCO-6501309650

Keller Williams Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1949 | Remodeled in 2020

Lot Details

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

Home Design

  • 950 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

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

Additional Features

  • Finished Basement

Community Details

  • No Home Owners Association
  • Fourth Avenue Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522238011

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,209

Year Built

Built in 1949 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1949
  • State Equalized Value: 96540.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer
  • Total Sq Ft: 950

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • 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

Lot Info

  • List Price per Acre: 2726363.6364
  • Lot Size Area: 0.11
  • Lot Dimensions: 45.00X105.00
  • Parcel Number: 2522238011

Rental Info

  • Deposit Amount: 100000.00

Tax Info

  • Tax Amount Summer: 4626.0000
  • Tax Amount Winter: 583.0000
  • Total Tax: 5209.0000
  • Taxable Value: 96540.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2025
Sold by
Hoen Meghan and Chidiac Meghan
Bought by
Chidiac Meghan
Current Estimated Value
$355,152

Purchase Details

Listed on
Nov 18, 2020
Closed on
Dec 31, 2020
Sold by
Sebastiani Vincent
Bought by
Hoen Meghan
Seller's Agent
Nicholas Warren
Real Broker Birmingham
Buyer's Agent
Michael Perna
Keller Williams Advantage
List Price
$309,900
Sold Price
$287,500
Premium/Discount to List
-$22,400
-7.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$278,875
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 23, 2019
Closed on
Dec 6, 2019
Sold by
John Graham Inc
Bought by
Sebastiani Vincent
Seller's Agent
John Graham
John Graham Realty, LLC
Buyer's Agent
Nicholas Warren
Real Broker Birmingham
List Price
$149,900
Sold Price
$150,000
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
82.65%

Purchase Details

Listed on
Nov 23, 2019
Closed on
Dec 5, 2019
Sold by
Fraser Thomas Brennan and Mangan Gerald
Bought by
John Graham Inc
Seller's Agent
John Graham
John Graham Realty, LLC
Buyer's Agent
Nicholas Warren
Real Broker Birmingham
List Price
$149,900
Sold Price
$150,000
Premium/Discount to List
$100
0.07%

Purchase Details

Closed on
Jun 12, 2012
Sold by
Fraser Thomas Brennan
Bought by
Mangan Gerald

Purchase Details

Closed on
Mar 26, 2001
Sold by
Franklin Financial Ltd
Bought by
Mangan Sarah
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

Date Buyer Sale Price Title Company
Chidiac Meghan -- None Listed On Document
Chidiac Meghan -- None Listed On Document
Hoen Meghan $287,500 Devon Title Agency
Sebastiani Vincent $150,000 First American Title Ins Co
John Graham Inc $30,000 First American Title
Mangan Gerald -- None Available
Mangan Sarah -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoen Meghan $278,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2021 01/04/21 Sold $287,500 -4.1% $303 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
11/24/2020 11/24/20 Price Changed $299,900 -3.2% $316 / Sq Ft
11/18/2020 11/18/20 For Sale $309,900 +106.6% $326 / Sq Ft
12/06/2019 12/06/19 Sold $150,000 +0.1% $163 / Sq Ft View Prior Sale
11/27/2019 11/27/19 Pending -- -- --
11/23/2019 11/23/19 For Sale $149,900 -- $163 / 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
2025 $5,227 $151,920 $0 $0
2024 $3,979 $138,700 $0 $0
2022 $4,701 $127,540 $0 $0
2020 $3,866 $96,540 $0 $0
2018 $4,701 $90,810 $0 $0
2017 $3,478 $90,810 $0 $0
2015 -- $77,880 $0 $0
2014 -- $73,170 $0 $0
2011 -- $60,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200094447

Realcomp

APN: 25-22-238-011