$329,500
SOLD NOV 6, 2015

318 E 5th St Unit 3 Royal Oak, MI 48067

2 Beds
2.5 Baths
1,674 Sq Ft
$200/mo HOA Fee

Recently Sold

$197 Per Sq Ft

4% Below List Price

21 Days on Market

Highlights

  • End Unit
  • Patio
  • Ceiling Fan
  • 1 Car Direct Access Garage
  • Forced Air Heating and Cooling System
  • 3-minute walk to Centennial Commons

About This Home

As of September 2022

Turn Key, Beautiful Royal Oak Townhouse for sale! This two bedroom (w/ larger den currently used as nursery), two and a half bath townhouse is in the heart of Royal Oak. Walking distance to all the shopping, dining and entertainment in the city! Featuring hardwood floors through out the first floor, updated kitchen, gas fireplace in the family room and fenced in semi-private backyard. All appliances included. Contact listing agent today for your private showing!

Last Agent to Sell the Property

Adam Oberski

Century 21 Curran & Oberski License #6502400651 Listed on: 08/27/2015

Century 21 Curran & Oberski

Last Buyer's Agent

Dianna - Tina Lake - Remer

KW Professionals License #RCO-6501309665

KW Professionals

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 2000

Lot Details

  • End Unit
  • Private Entrance
  • Fenced

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,674 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Unfinished Basement
  • Interior Basement Entry

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

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

Community Details

  • Sharon Riley Association, Phone Number (248) 789-8281
  • East Fifth Street Condo Occpn 1387 Subdivision
  • On-Site Maintenance

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2522153037
  • $200 Seller Concession

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,054

Year Built

Built in 2000

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: End Unit, Townhouse
  • Architecture Level: 1 1/2 Story
  • Warranty: Yes
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 9
  • Total Bedrooms: 2
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1674
  • Total Sq Ft: 1674
  • Sq Ft Total Bsmt: 832

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced, Grounds Maintenance, Lighting, Private Entry
  • Foundation Materials: Poured
  • Porch Type: Patio
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: S

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: 1 Assigned Space, Attached, Direct Access
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), 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 Frequency: Monthly
  • Phone: (248) 789-8281
  • Association Fee: 200
  • Association Contact: Sharon Riley
  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Parcel Number: 2522153037

Tax Info

  • Tax Amount Summer: 3264.0000
  • Tax Amount Winter: 790.0000
  • Total Tax: 4054.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Sep 16, 2022
Sold by
Jones Michael
Bought by
Stephens Mike Jon
Seller's Agent
Kelly Finley
New Century REALTORS®
Buyer's Agent
Lauren Sheppard
The Agency Hall & Hunter
List Price
$475,000
Sold Price
$455,000
Premium/Discount to List
-$20,000
-4.21%
Views
7
Current Estimated Value
$498,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,991
Avg. Annual Appreciation
3.95%
Original Mortgage
$255,000
Outstanding Balance
$243,510
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$265,174

Purchase Details

Closed on
Oct 1, 2020
Sold by
Marx Whitney R
Bought by
Jones Michael and Stokes Rachael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 27, 2015
Closed on
Nov 6, 2015
Sold by
Harris Steven and Harris Julia
Bought by
Marx Whitney R
Seller's Agent
Adam Oberski
Century 21 Curran & Oberski
Buyer's Agent
Dianna - Tina Lake - Remer
KW Professionals
List Price
$342,500
Sold Price
$329,500
Premium/Discount to List
-$13,000
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Original Mortgage
$329,500
Interest Rate
3.07%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 2, 2010
Sold by
Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 15, 2009
Sold by
Wohlfiel Robert J
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Feb 21, 2002
Sold by
Wohlfiel Building Inc
Bought by
Wohlfiel Robert
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $455,000 Fidelity National Title
Warranty Deed $450,000 Devon Title Agency
Warranty Deed $329,500 Michigan Title Ins Agency In
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Sheriffs Deed $184,025 None Available
Deed $220,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $85,000 Credit Line Revolving
Open $255,000 New Conventional
Previous Owner $275,000 New Conventional
Previous Owner $329,500 Adjustable Rate Mortgage/ARM
Previous Owner $123,500 Credit Line Revolving
Previous Owner $175,000 Fannie Mae Freddie Mac
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $455,000 -0.9% $262 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
07/05/2022 07/05/22 Price Changed $459,000 -2.1% $264 / Sq Ft
06/08/2022 06/08/22 Price Changed $469,000 -1.3% $270 / Sq Ft
05/25/2022 05/25/22 For Sale $475,000 +44.2% $273 / Sq Ft
11/06/2015 11/06/15 Sold $329,500 -3.8% $197 / Sq Ft
09/17/2015 09/17/15 Pending -- -- --
08/27/2015 08/27/15 For Sale $342,500 -- $205 / 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 $7,515 $223,790 $0 $0
2022 $7,960 $207,940 $0 $0
2020 $10,212 $175,680 $0 $0
2018 $7,960 $157,910 $0 $0
2017 $6,482 $157,910 $0 $0
2015 -- $96,650 $0 $0
2014 -- $95,010 $0 $0
2011 -- $93,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215092903

Realcomp

APN: 25-22-153-037