NOT LISTED FOR SALE

410 E 5th St Royal Oak, MI 48067

Estimated Value: $410,000 - $493,000

2 Beds
2.5 Baths
1,224 Sq Ft
$362/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $333,000 $272 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,228/month

29 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • 1 Car Direct Access Garage
  • Keller Elementary Rated A-
  • Stainless Steel Appliances
  • Patio

About This Home

As of February 2021

Well-appointed, updated condo situated on quiet street, two blocks from the vibrant Main Street in downtown Royal Oak. Condo features updated kitchen, new hardwood floors, fully built-in, walk-in master closet, updated master bathroom suite, new high-quality windows, and designer fixtures & appointments. Large master bedroom has a walk-out balcony. Second bedroom serves as home office or easily accommodates a queen-size bed. Basement is a perfect place for your home gym needs. The town-home style of the condo affords its own entrance/exit. The unit comes with an insulated, attached car garage (capable of fitting a Jeep Grand Cherokee +) and one designated off-street outdoor parking space. Entire association property (decks, stairs, entryways) was outfitted with new Trex composite decking in July 2020. Five minute walk in one direction to Royal Oak's best coffee shops, bars, and restaurants. Five minute walk in the other direction to Grant Park. Dog friendly neighborhood.

Last Agent to Sell the Property

Austin Black

@properties Christie's Int'l R.E. Detroit License #6501336434 Listed on: 12/08/2020

@properties Christie's Int'l R.E. Detroit

Last Buyer's Agent

Jeniece Faranso

Real Estate One-W Blmfld License #RCO-6501393557

Real Estate One-W Blmfld

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 1994 | Remodeled in 2015

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Quad-Level Property
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,224 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Partially Finished Basement

Kitchen

  • Free-Standing Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2522153032

Community Details

Overview

  • Matt Pollard Association
  • Fifth Street Condos Occpn 942 Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,631

Year Built

Built in 1994 | Remodeled in 2015

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Contemporary, Split Level, Townhouse
  • Architecture Level: Quad-Level
  • Year Built: 1994
  • State Equalized Value: 141530.0000
  • Year Renovated: 2015
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Call | Cats OK | Dogs OK
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Interior Amenities: Cable Available, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Total Bedrooms: 2
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Free-Standing Electric Range, Range Hood, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer
  • Total Sq Ft: 1224

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Porch Type: Deck, Patio
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Attached, Direct Access
  • 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)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Water
  • Association Fee Frequency: Monthly
  • Phone: matt@cepollard.com
  • Association Fee: 300
  • Association Contact: Matt Pollard
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • List Price per Acre: 690000.0000
  • Parcel Number: 2522153032

Tax Info

  • Tax Amount Summer: 4405.0000
  • Tax Amount Winter: 1226.0000
  • Total Tax: 5631.0000
  • Taxable Value: 137440.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2022
Sold by
Varudandi Venkatesh and Varudandi Neelima
Bought by
Varudandi Venkatesh and Varudandi Neelima
Current Estimated Value
$443,659

Purchase Details

Listed on
Dec 8, 2020
Closed on
Feb 12, 2021
Sold by
Wallace William
Bought by
Varudandi Venkatesh and Varudandi Neelima
Seller's Agent
Austin Black
@properties Christie's Int'l R.E. Detroit
Buyer's Agent
Jeniece Faranso
Real Estate One-W Blmfld
List Price
$345,000
Sold Price
$333,000
Premium/Discount to List
-$12,000
-3.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$266,400
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 6, 2014
Closed on
Mar 5, 2015
Sold by
Thompson Geoffrey N and Yu Thompson Yin
Bought by
Wallace William
Seller's Agent
Kenneth Peterson
K W Peterson & Associates
Buyer's Agent
Julie Herman
Temporary Inactive Users
List Price
$300,000
Sold Price
$275,000
Premium/Discount to List
-$25,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$220,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2001
Sold by
Thompson and Pamela J
Bought by
Thompson Geoffrey N

Purchase Details

Closed on
Feb 20, 1996
Sold by
Fifth Street Dev Co Ltd
Bought by
Thompson Geoffrey N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.16%
Source: Public Records

Range of Values:

--
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
Varudandi Venkatesh -- Partners Title
Varudandi Venkatesh $333,000 Etitle Agency Inc
Wallace William $275,000 Bbc Title Agency Llc
Thompson Geoffrey N -- --
Thompson Geoffrey N $159,124 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varudandi Venkatesh $266,400
Previous Owner Wallace William $220,000
Previous Owner Thompson Geoffrey N $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2021 02/12/21 Sold $333,000 -3.5% $272 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
12/08/2020 12/08/20 For Sale $345,000 +25.5% $282 / Sq Ft
03/05/2015 03/05/15 Sold $275,000 -8.3% $225 / Sq Ft View Prior Sale
01/19/2015 01/19/15 Pending -- -- --
10/06/2014 10/06/14 For Sale $300,000 -- $245 / 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
2025 $7,300 $200,800 $0 $0
2024 $5,557 $190,720 $0 $0
2022 $9,778 $171,510 $0 $0
2020 $5,400 $141,530 $0 $0
2018 $9,778 $136,190 $0 $0
2017 $5,589 $136,190 $0 $0
2015 -- $124,180 $0 $0
2014 -- $122,160 $0 $0
2011 -- $100,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200098552

Realcomp

APN: 25-22-153-032