NOT LISTED FOR SALE

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

Estimated Value: $406,000 - $471,000

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. 28% increase in value since last sale

Current estimated payment $3,401/month

25 Days on Market

Highlights

  • 1 Car Attached Garage
  • 1-Story Property
  • Forced Air Heating System

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 Birmingham License #6501293614

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 Birmingham
List Price
$350,000
Sold Price
$350,000
Total Days on Market
25
Views
79
Current Estimated Value
$448,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,054
Avg. Annual Appreciation
11.55%
Original Mortgage
$242,500
Outstanding Balance
$235,970
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$212,084

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

Similar Homes in Royal Oak, MI

  • 2500 Normandy Rd Unit 41, Royal Oak, MI 48073

    $397,000

    • 2 Beds
    • 2.5 Baths
    • 1,500 Sq Ft
    • 2500 Normandy Rd
    • Unit 41
    • Royal Oak, MI

    Enjoy modern and convenient living in the heart of Royal Oak! This elegant 2-bedroom, 2.5-bath condo, built in 2019, blends thoughtful design with upscale amenities. The main level features an open floor plan with a cozy stone fireplace, a sleek kitchen with quartz countertops, and a stylish living area that opens to a private balcony — ideal for entertaining or unwinding. Upstairs, both bedrooms

    Saba Katto Realty Solutions of Michigan Inc

    Section Image
  • 610 S Troy St, Royal Oak, MI 48067

    $450,000

    • 2 Beds
    • 2.5 Baths
    • 1,799 Sq Ft
    • 610 S Troy St
    • Royal Oak, MI

    Live in the heart of downtown Royal Oak! This stunning contemporary condo offers the perfect blend of modern design and urban convenience—just steps from shopping, dining, and entertainment. Spanning nearly 1,800 square feet, this impressive two-story unit features soaring windows that flood the space with natural light, 2 spacious bedrooms, 2.5 bathrooms, and an open loft area ideal for a home

    Ron Rocz Real Broker Birmingham

    Section Image
  • 614 S Troy St Unit 204, Royal Oak, MI 48067

    $450,000

    • 2 Beds
    • 2 Baths
    • 1,537 Sq Ft
    • 614 S Troy St
    • Unit 204
    • Royal Oak, MI

    This rare upstairs corner unit is the only one of its kind in the building, sitting on the highly desirable southeast corner with breathtaking views! Featuring floor-to-ceiling, two-story windows and a private wraparound balcony, this loft-style condo is flooded with natural light and offers an open, airy feel with soaring high ceilings.Immaculately maintained and beautifully updated, this home

    William Parr REALTEAM Real Estate

    Section Image
  • 100 W 5th St Unit 504, Royal Oak, MI 48067

    $370,000

    • 2 Beds
    • 2 Baths
    • 1,119 Sq Ft
    • 100 W 5th St
    • Unit 504
    • Royal Oak, MI

    Live in the center of it all! This stunning 2 bedroom, 2 bathroom loft offers the perfect blend of modern style, urban convenience, and vibrant city living—right in the heart of downtown Royal Oak. Step into a bright, open-concept space with soaring ceilings, oversized windows, (west facing) and sleek finishes throughout. The spacious layout includes a full second bathroom, perfect for guests or

    Ryan Nelson DOBI Real Estate

    Section Image
  • 101 Curry Ave Unit 610, Royal Oak, MI 48067

    $430,000

    • 2 Beds
    • 2 Baths
    • 1,154 Sq Ft
    • 101 Curry Ave
    • Unit 610
    • Royal Oak, MI

    Welcome to this stunning, 2 bedroom, 2 bath condo where luxury meets convenience. Step inside to discover lots of large windows allowing ample natural light. The kitchen features stainless steel appliances, a beautiful backsplash and an island with seating, flowing effortlessly to the dining area and living room with fireplace and door to the north-facing balcony, a perfect place to relax and

    Mark White EXP Realty - Mark White & Associates

    Section Image
  • 111 N Main St Unit 209 ST, Royal Oak, MI 48067

    $365,000

    • 2 Beds
    • 2 Baths
    • 1,081 Sq Ft
    • 111 N Main St
    • Unit 209 ST
    • Royal Oak, MI

    Stunning loft in the heart of downtown Royal Oak combines industrial style with modern comfort in a prime location! This bright and airy unit features extra-tall ceilings, exposed ductwork, and a bright open floor plan. The chef’s kitchen is a dream with a large center island, sleek stainless steel appliances, and a stylish tile backsplash, opening right into a cozy living area with a gas

    Jim Shaffer Good Company

    Section Image
  • 100 N Center St Unit 206, Royal Oak, MI 48067

    $399,900

    • 2 Beds
    • 2 Baths
    • 1,110 Sq Ft
    • 100 N Center St
    • Unit 206
    • Royal Oak, MI

    Simply stunning condo in the heart of Royal Oak one block off of Main Street!!! Meticulously maintained and perfect for entertaining family and choice friends. Beautiful kitchen with euro cabinets, granite countertops, built-in stainless-steel appliances, subway tile backsplash, commercial style light fixtures, pendant lighting above a long island and hardwood floors!! The bedrooms are

    Mark DerManulian Metropolitan Real Estate Group

    Section Image
  • 350 N Main St Unit 812, Royal Oak, MI 48067

    $408,812

    • 2 Beds
    • 2 Baths
    • 1,089 Sq Ft
    • 350 N Main St
    • Unit 812
    • Royal Oak, MI

    The best location in downtown Royal Oak! This beautiful 8th-floor loft unit features 2 assigned parking spots in the climate controlled parking garage. The 2 bedroom 2 bath unit faces east (The quiet side with nature view!) with spectacular sunrises, features an updated gourmet kitchen with lots of cabinet space and a pantry. Stainless steel appliances, granite counters, a spacious center island

    Dan Dubensky Skyward Real Estate

    Section Image
  • 350 N Main St Unit 714, Royal Oak, MI 48067

    $375,000

    • 2 Beds
    • 2 Baths
    • 1,144 Sq Ft
    • 350 N Main St
    • Unit 714
    • Royal Oak, MI

    Welcome to the best location in downtown Royal Oak!! This modern 2 bedroom,2 full bath unit features floor to ceiling windows and gorgeous views from it’s private balcony. Inside you will find an updated gourmet kitchen with cherry cabinets, stainless steel appliances, granite counters, and a center island overlooking the great room with amazing views of the city. Move right in and begin living

    Justin Woodbeck Thrive Realty Company

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Closed Shoemaker Nathan $242,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230008139

Realcomp

APN: 25-22-153-035