NOT LISTED FOR SALE

322 E 5th St Unit 1 Royal Oak, MI 48067

Estimated Value: $423,000 - $498,000

3 Beds
2.5 Baths
1,539 Sq Ft
$250/mo HOA Fee

Last Sold March 03, 2023

Last sale price $350,000 $227 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,360/month

25 Days on Market

Highlights

  • 1 Car Attached Garage
  • 1-Story Property
  • Forced Air Heating System
  • Royal Oak High School Rated 9+

About This Home

As of March 2023

Lovely two-bedroom condo in the sought-after neighborhood of Downtown Royal Oak features a well-maintained interior with a spacious open floor plan. This beautiful condo is freshly painted with neutral décor, double story great room and foyer, hardwood floors, large dining/flex room and kitchen nook with doors to private patio. Two spacious bedrooms and two full bathrooms make up the second level. Vaulted ceilings in primary. Laundry room and storage are located in the basement.

Last Agent to Sell the Property

Christina Gennari

KW Domain License #6501322143 Listed on: 02/03/2023

KW Domain

Co-Listed By

Kendall McCaffrey

KW Domain License #6501441698

Last Buyer's Agent

Nancy Robinson

Real Broker Berkley License #6501293614

Real Broker Berkley

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2000

Lot Details

  • 4,225

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,539 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 722522153035

Community Details

Overview

  • Mike Association
  • Fifth Street Condos Occpn 942 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,096

Year Built

Built in 2000

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Condominium
  • Architecture Level: 1 Story Up
  • Year Built: 2000
  • State Equalized Value: 196980.0000
  • Year Renovated: 2000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1539
  • Total Sq Ft: 1539
  • Sq Ft Total Bsmt: 771

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Grounds
  • Association Fee Frequency: Monthly
  • Phone: e5thstcondos@gmail.com
  • Association Fee: 250
  • Association Contact: Mike
  • Association Fee: Yes

Schools

  • School District: Royal Oak

Lot Info

  • Parcel Number: 722522153035

Tax Info

  • Tax Amount Summer: 5142.0000
  • Tax Amount Winter: 954.0000
  • Total Tax: 6096.0000
  • Taxable Value: 196980.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Mar 3, 2023
Sold by
Matthew L Riley Living Trust
Bought by
Shoemaker Nathan
Seller's Agent
Christina Gennari
KW Domain
Buyer's Agent
Nancy Robinson
Real Broker Berkley
List Price
$350,000
Sold Price
$350,000
Views
79
Current Estimated Value
$464,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,753
Avg. Annual Appreciation
11.52%
Original Mortgage
$242,500
Outstanding Balance
$234,887
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$229,866

Purchase Details

Closed on
Aug 23, 2004
Sold by
Riley Matthew L
Bought by
Riley Matthew L and Matthew L Riley Living Trust

Purchase Details

Closed on
Oct 17, 2003
Sold by
Mcdermott Kelly
Bought by
Riley Matthew L

Purchase Details

Closed on
Sep 9, 2002
Sold by
M W Fifth
Bought by
Mcdermott Kelly

Purchase Details

Closed on
May 5, 2000
Sold by
Wohlfiel Erik
Bought by
M W Fifth

Purchase Details

Closed on
Oct 4, 1999
Sold by
Fitzpatrick John
Bought by
Wohlfiel Eric C

Purchase Details

Closed on
Feb 26, 1998
Sold by
Burnie H Spaulding Tr
Bought by
Spaulding Charles L
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
Shoemaker Nathan $350,000 --
Riley Matthew L -- None Available
Riley Matthew L $287,500 Devon Title Agency
Mcdermott Kelly -- --
M W Fifth -- --
Wohlfiel Eric C $140,000 --
Spaulding Charles L -- --
Fitzpatrick John $138,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shoemaker Nathan $242,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2023 03/03/23 Sold $350,000 0.0% $227 / Sq Ft
02/03/2023 02/03/23 For Sale $350,000 -- $227 / 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 $7,628 $211,210 $0 $0
2022 $6,096 $196,980 $0 $0
2020 $3,436 $179,480 $0 $0
2018 $6,096 $158,160 $0 $0
2017 $5,536 $158,160 $0 $0
2015 -- $96,810 $0 $0
2014 -- $95,160 $0 $0
2011 -- $94,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christina Gennari

    Seller's Agent in 2023

    Christina Gennari

    KW Domain

    (248) 550-4788

    45 in this area

    551 Total Sales

    Christina Gennari
    Section Image

  • K

    Seller Co-Listing Agent in 2023

    Kendall McCaffrey

    KW Domain

    Section Image
  • Nancy Robinson

    Buyer's Agent in 2023

    Nancy Robinson

    Real Broker Berkley

    (248) 224-1013

    191 in this area

    521 Total Sales

    Nancy Robinson
    Section Image
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Map

Source: Realcomp

MLS Number: 20230008139

Realcomp

APN: 25-22-153-035

Michigan Oakland County Royal Oak 48067

322 E 5th St Unit 1, Royal Oak, MI

This home is located at 322 E 5th St Unit 1, Royal Oak, MI 48067 since 03 February 2023 and is currently estimated at $464,753, approximately $301 per square foot. This property was built in 2000. 322 E 5th St Unit 1 is a home located in Oakland County with nearby schools including Keller Elementary, Royal Oak Middle School, and Royal Oak High School.

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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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