NOT LISTED FOR SALE

322 E Harrison Ave Unit 21 Royal Oak, MI 48067

Estimated Value: $837,000 - $935,000

2 Beds
2.5 Baths
3,033 Sq Ft
2005 Built

Last Sold December 20, 2021

Last sale price $710,000 $234 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,535/month

99 Days on Market

Highlights

  • Spa
  • End Unit
  • 2 Car Attached Garage
  • Royal Oak High School Rated A-
  • Bar Fridge
  • 5-minute walk to Milton Hey/Hudson Park

About This Home

As of December 2021

Rare opportunity to own one of the largest penthouses in Downtown Royal Oak, close to award-winning restaurants & entertainment. This unit features the most private outdoor space of any condo in the area. Enjoy the convenience of direct access from the elevator into this spectacular loft that boasts sky-high ceilings, exposed ductwork, concrete floors & floor to ceiling windows, providing loads of natural light throughout. Key features of the main floor include a sleek gourmet granite kitchen, enormous living/dining areas & an incredible outdoor living spaces complete with a built-in custom BBQ, perfect for grand scale entertaining! The main floor also houses a bedroom, full bath & half bath. Retreat to the 2nd level master suite with his & her walk-in closets & a spa-like master bath. A spacious great room with a wet bar, a loft flex space & nicely appointed laundry room complete this fabulous penthouse.

Last Agent to Sell the Property

Christian Grothe

Max Broock, REALTORS®-Birmingham License #6501329715 Listed on: 08/30/2021

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Kenneth Guerriero

Max Broock, REALTORS®-Birmingham License #RCO-6501373517

Max Broock, REALTORS®-Birmingham

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2005 | Remodeled in 2020

Lot Details

  • End Unit
  • Private Entrance

HOA Fees

  • $616 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete

Interior Spaces

  • 3,033 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bar Fridge

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Garage Spaces
  • Garage Door Opener

Outdoor Features

  • Spa
  • Exterior Lighting

Location

  • Upper level unit with elevator

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2522305068

Community Details

Overview

  • High-Rise Condominium
  • Metropolitan Lofts Condo Subdivision

Amenities

  • Community Barbecue Grill

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,208

Year Built

Built in 2005 | Remodeled in 2020

Lot Details

0 Sq Ft Lot

HOA Fees

$616 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: End Unit, High Rise
  • Architecture Level: 3 Story
  • Year Built: 2005
  • State Equalized Value: 363930.0000
  • Year Renovated: 2020
  • Entry Location: Upper Level w/Elevator
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Cable Available, Humidifier, Spa/Hot-tub, Wet Bar
  • Total Bedrooms: 2
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Refrigerator, Microwave, Washer, Bar Fridge
  • Total Sq Ft: 3033

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Exterior Features: BBQ Grill, Lighting, Private Entry
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 2+ Assigned Spaces, Door Opener, Attached
  • 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)

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 616
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • Parcel Number: 2522305068

Tax Info

  • Tax Amount Summer: 11082.0000
  • Tax Amount Winter: 3126.0000
  • Total Tax: 14208.0000
  • Taxable Value: 345610.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Dec 20, 2021
Sold by
James Smith
Bought by
Koederitz William Thomas
Seller's Agent
Christian Grothe
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Kenneth Guerriero
Max Broock, REALTORS®-Birmingham
List Price
$789,900
Sold Price
$710,000
Premium/Discount to List
-$79,900
-10.12%
Current Estimated Value
$883,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,225
Avg. Annual Appreciation
5.27%
Original Mortgage
$568,000
Outstanding Balance
$518,732
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$364,493

Purchase Details

Listed on
Sep 22, 2017
Closed on
Feb 28, 2018
Sold by
Hameedi Jamal A
Bought by
Smith James
Seller's Agent
Christian Grothe
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Betsy Schneider
Coldwell Banker Weir Manuel-Bir
List Price
$725,000
Sold Price
$705,000
Premium/Discount to List
-$20,000
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.19%

Purchase Details

Closed on
Feb 28, 2006
Sold by
Metropolitan Lofts Llc
Bought by
Demaria Mark H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
8.07%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Koederitz William Thomas $710,000 None Listed On Document
Koederitz William Thomas $710,000 None Listed On Document
Smith James $705,000 None Available
Demaria Mark H $550,000 Philip R Seaver Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koederitz William Thomas $568,000
Closed Koederitz William Thomas $568,000
Previous Owner Demaria Mark H $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2021 12/20/21 Sold $710,000 -10.1% $234 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $789,900 +12.0% $260 / Sq Ft
02/28/2018 02/28/18 Sold $705,000 -2.8% $232 / Sq Ft View Prior Sale
01/03/2018 01/03/18 Pending -- -- --
11/07/2017 11/07/17 For Sale $725,000 0.0% $239 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $725,000 -- $239 / Sq Ft
Source: Realcomp

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 $15,885 $407,650 $0 $0
2024 $12,091 $411,410 $0 $0
2022 $14,973 $391,120 $0 $0
2020 $11,902 $363,930 $0 $0
2018 $14,973 $300,710 $0 $0
2017 $12,015 $300,710 $0 $0
2015 -- $296,900 $0 $0
2014 -- $246,970 $0 $0
2011 -- $246,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210063248

Realcomp

APN: 25-22-305-068

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