NOT LISTED FOR SALE

1663 Riverside Dr Unit 3 Rochester Hills, MI 48309

Estimated Value: $185,000 - $203,000

2 Beds
1.5 Baths
1,197 Sq Ft
18.2 Acres Lot

Sale Details

Date Sold: November 3, 2023

Last sale price $150,000 $125 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,532 / mo

55 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Porch
  • University Hills Elementary School Rated A
  • Balcony
  • 1-Story Property

About This Home

As of November 2023

Price Reduced. HUD Home. GREAT LOCATION!! Cozy 2 bedroom condo located in Oakwood Park Condominiums, Rochester Hills, just minutes away from the hospital, Oakland University, shopping and expressways. Large living room that opens into the dining area and two sliding door walls leading the balcony. Association includes gas, water, snow removal and grounds maintenance. Per HOA, unit must be owner occupied. Owner must live in unit for one year before renting it out, however rental maximum has been met and no leasing is permitted at this time. Bids due Daily by 11:59 PM Central Time FHA Case #261-886062. IN - Insured FHA 203K eligible. Buyer to verify all info

Last Agent to Sell the Property

Evduza Ramaj

Inside Realty, LLC License #6501312816 Listed on: 08/08/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1974

Lot Details

  • 18.2

HOA Fees

  • $304 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Home Design

  • Slab Foundation

Interior Spaces

  • 1,197 Sq Ft Home
  • 1-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • In Ground Pool
  • Balcony
  • Porch

Location

  • Mid level unit with steps

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 701519426017

Community Details

Overview

  • Https://Highlandergroup.Net/Oakwood Park/ Association, Phone Number (248) 681-7883
  • Oakwood Park Occpn 147 Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,058

Year Built

Built in 1974

Lot Details

18.2 Acres

HOA Fees

$304 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building
  • Architecture Level: 1 Story Up
  • Year Built: 1974
  • State Equalized Value: 62120.0000
  • Entry Location: Mid Level w/Steps
  • Pets Allowed: Call, Number Limit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher
  • Total Sq Ft: 1197

Exterior Features

  • Pool: Yes
  • Foundation Details: Slab
  • Construction Materials: Wood
  • Exterior Features: Club House, Pool – Community, Pool - Inground
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: 1 Assigned Space

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Gas, Maintenance Grounds, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: 248-681-7883
  • Association Fee: 304
  • Association Contact: https://highlandergroup.net/oakwood-park/
  • Association Fee: Yes

Lot Info

  • Parcel Number: 701519426017

Tax Info

  • Tax Amount Summer: 554.0000
  • Tax Amount Winter: 504.0000
  • Total Tax: 1058.0000
  • Taxable Value: 62120.0000

MLS Schools

  • School District: Rochester

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
Aug 8, 2023
Closed on
Nov 3, 2023
Sold by
Bought by
Seller's Agent
Evduza Ramaj
Inside Realty, LLC
List Price
$162,000
Sold Price
$150,000
Premium/Discount to List
-$12,000
-7.41%
Views
257
Current Estimated Value
$192,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,002
Avg. Annual Appreciation
10.00%
Original Mortgage
$100,000
Outstanding Balance
$97,733
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$94,269

Purchase Details

Closed on
Apr 11, 2023
Sold by
Bought by

Purchase Details

Closed on
Jul 27, 2021
Sold by
Bought by
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

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
$150,000 Best Home Title
$161,541 None Listed On Document
$5,651 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 $100,000
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
11/03/2023 11/03/23 Sold $150,000 +2.9% $125 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/13/2023 09/13/23 Price Changed $145,800 -10.0% $122 / Sq Ft
08/08/2023 08/08/23 For Sale $162,000 -- $135 / 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
2022 $1,262 $62,120 $0 $0
2018 $645 $48,080 $0 $0
2017 $632 $47,880 $0 $0
2015 -- $33,280 $0 $0
2014 -- $26,740 $0 $0
2011 -- $32,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230064949

Realcomp

APN: 15-19-426-017

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