NOT LISTED FOR SALE

403 E 5th St Royal Oak, MI 48067

Estimated Value: $463,453 - $506,000

3 Beds
2.5 Baths
1,650 Sq Ft
$295/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $435,000 $264 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,372/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • Covered Patio or Porch
  • Royal Oak High School Rated 9+
  • No HOA
  • 4-minute walk to Grant Park

About This Home

As of July 2022

Classic & cute Royal Oak home with covered front porch to enjoy shady views of neighborhood surroundings. Living spaces modernized with refinished hardwood flooring, neutral paint, and naturally lit rooms. Large kitchen with stainless appliances is open to a dining room. Master bedroom on second story has a private ensuite. Two additional bedrooms share a second full bath on second story. First floor laundry room and half bath. Unfinished basement can be utilized as storage space or transformed into additional living space or a home office. French doors open to the backyard with privacy fence and patio space. Detached garage. Blocks from Downtown Royal Oak's buzzing eateries & shopping and quick commute to Woodward and 696. Schedule your showing today!

Last Agent to Sell the Property

Robert Chubb

Keller Williams Advantage License #6501325448 Listed on: 06/09/2022

Keller Williams Advantage

Co-Listed By

Gretchen Rasmussen

National Realty Centers, Inc License #6501421844

Last Buyer's Agent

Kimberly Hosner

RE/MAX First License #RCO-6502331713

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1924 | Remodeled in 2011

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40.00x102.00
  • Property fronts a private road
  • Back Yard Fenced

Home Design

  • Colonial Architecture
  • Poured Concrete

Interior Spaces

  • 1,650 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Fourth Avenue Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522110014

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,352

Year Built

Built in 1924 | Remodeled in 2011

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 0.00; 0
  • Year Built: 1924
  • State Equalized Value: 154180.0000
  • Year Renovated: 2011
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Oven, Free-Standing Electric Range, Microwave, Washer
  • Sq Ft Combined: 1650
  • Total Sq Ft: 1650
  • Sq Ft Total Bsmt: 825

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Porch Type: Porch - Covered, Patio, Porch, Patio - Covered
  • Road Frontage Type: Private
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Door Opener, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 40.00X102.00
  • Parcel Number: 2522110014

Tax Info

  • Tax Amount Summer: 5453.0000
  • Tax Amount Winter: 899.0000
  • Total Tax: 6352.0000
  • Taxable Value: 113250.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jul 15, 2022
Sold by
Brunno Moretti
Bought by
Perry Chad
Seller's Agent
Robert Chubb
Keller Williams Advantage
Buyer's Agent
Kimberly Hosner
RE/MAX First
List Price
$440,000
Sold Price
$435,000
Premium/Discount to List
-$5,000
-1.14%
Current Estimated Value
$486,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,363
Avg. Annual Appreciation
3.60%
Original Mortgage
$348,000
Outstanding Balance
$333,154
Interest Rate
5.51%
Estimated Equity
$153,209

Purchase Details

Listed on
Oct 17, 2016
Closed on
Dec 5, 2016
Sold by
Arnold Christopher A
Bought by
Moretti Bruno
Seller's Agent
Mikal West
New Century REALTORS®
Buyer's Agent
Robert Chubb
Keller Williams Advantage
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$306,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2010
Sold by
John J Farhat Llc
Bought by
Arnold Christopher A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2010
Sold by
Hutt John and Hutt Sharon
Bought by
John J Farhat Llc

Purchase Details

Closed on
Feb 25, 2010
Sold by
Roth Blanche Meyerhoven and Meyerhoven Florence E
Bought by
Hutt John

Purchase Details

Closed on
Aug 25, 2009
Sold by
Meyerhoven Florence E and Roth Blanche Meyerhoven
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 26, 1998
Sold by
Roth Blanche Meyerhoven
Bought by
Meyerhoven Florence E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.27%
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
Perry Chad $435,000 None Listed On Document
Moretti Bruno $340,000 Abstract Title Agency
Arnold Christopher A $206,000 Devon Title Agency
John J Farhat Llc $90,000 Metro Hills Title Agency Llc
Hutt John $63,000 Heritage Title
Federal National Mortgage Association $49,075 None Available
Meyerhoven Florence E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Chad $348,000
Closed Perry Chad $348,000
Previous Owner Moretti Brunno Luiz $306,000
Previous Owner Arnold Christopher A $164,800
Previous Owner Meyerhoven Florence E $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $435,000 -1.1% $264 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $440,000 0.0% $267 / Sq Ft
04/01/2021 04/01/21 Rented $2,900 0.0% --
03/16/2021 03/16/21 Under Contract -- -- --
02/26/2021 02/26/21 For Rent $2,900 0.0% --
04/30/2018 04/30/18 Rented $2,900 0.0% --
04/16/2018 04/16/18 Under Contract -- -- --
03/31/2018 03/31/18 For Rent $2,900 0.0% --
12/02/2016 12/02/16 Sold $340,000 -2.8% $177 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
10/17/2016 10/17/16 For Sale $349,900 -- $182 / 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 $8,914 $177,170 $0 $0
2022 $7,075 $162,440 $0 $0
2020 $8,019 $149,530 $0 $0
2018 $7,075 $102,920 $0 $0
2017 $4,225 $102,920 $0 $0
2015 -- $89,620 $0 $0
2014 -- $74,730 $0 $0
2011 -- $66,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220041057

Realcomp

APN: 25-22-110-014