$499,000
$66K PRICE DROP

418 E 5th St Unit 2 Royal Oak, MI 48067

Estimated payment $3,478/month

Total Views 8,785
3 Beds
2.5 Baths
1,544 Sq Ft
$323 Price per Sq Ft

Highlights

  • Built-In Refrigerator
  • Contemporary Architecture
  • Stainless Steel Appliances
  • Royal Oak High School Rated 9+
  • Wine Refrigerator
  • 1 Car Direct Access Garage

About This Home

Beautiful and completely updated contemporary condo in the heart of Downtown Royal Oak. This stylish, very clean, and well-cared-for home offers modern living with exceptional comfort and convenience. Featuring two spacious primary suites, each with its own private full bath and generous walk-in closets, this layout is ideal for both everyday living and entertaining.

The stunning kitchen is a true centerpiece, showcasing stainless steel appliances, a large island that accommodates barstools, and plenty of cabinet space. It opens to a bright and airy living area, where a doorwall leads to a private outdoor sitting area—perfect for enjoying your morning coffee or hosting friends.

Additional highlights include a one-car attached garage, updated finishes throughout, and an open-concept floor plan that maximizes space and natural light. The finished lower level includes a convenient half bath and adds even more functional living space.

Enjoy low-maintenance living just steps from Royal Oak’s vibrant downtown, filled with top-rated restaurants, shops, and entertainment. This is a rare opportunity to own a beautifully maintained, move-in-ready condo with the perfect blend of style, space, and location. Don’t miss it!
BATVAI Please make an appointment in Showing Time. Information is deemed reliable but cannot be guaranteed for its accuracy. Independent verification should be made by the purchaser prior to closing. Licensed agent to be present at all times.

Listing Agent

Erin Keating Dewald

KW Domain License #6501309082 Listed on: 07/10/2025

KW Domain

Co-Listing Agent

Caden Dewald

KW Domain License #6501465120

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1994

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,544 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Finished Basement

Kitchen

  • Electric Cooktop
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Patio
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2522153030

Community Details

Overview

  • Matthew Pollard Association, Phone Number (312) 282-8881
  • Fifth Street Condos Occpn 942 Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,570

Year Built

Built in 1994

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Year Built: 1994
  • State Equalized Value: 191000.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Entrance Foyer, High Spd Internet Avail, Furnished - No
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walk-Out Access
  • Kitchen Appliances: Built-In Refrigerator, Dishwasher, Disposal, Dryer, Electric Cooktop, Microwave, Stainless Steel Appliance(s), Washer, Wine Refrigerator
  • Total Sq Ft: 1544

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • Porch Type: Patio
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Structure, Maintenance Grounds, Sewer, Trash
  • Association Fee Frequency: Monthly
  • Phone: 312.282.8881
  • Association Fee: 300
  • Association Contact: Matthew Pollard
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • Parcel Number: 2522153030

Rental Info

  • Tenant Amenities: Laundry In-Unit

Tax Info

  • Tax Amount Summer: 5001.0000
  • Tax Amount Winter: 1569.0000
  • Total Tax: 6570.0000
  • Taxable Value: 170160.0000

MLS Schools

  • School District: Royal Oak

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,001 $191,000 $0 $0
2022 $5,909 $171,870 $0 $0
2020 $4,859 $151,930 $0 $0
2018 $5,909 $143,570 $0 $0
2017 $6,266 $143,570 $0 $0
2015 -- $131,200 $0 $0
2014 -- $129,030 $0 $0
2011 -- $105,580 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2025 09/22/25 Price Changed $499,000 -4.0% $323 / Sq Ft
08/05/2025 08/05/25 Price Changed $519,900 -8.0% $337 / Sq Ft
07/10/2025 07/10/25 For Sale $564,950 0.0% $366 / Sq Ft
03/09/2017 03/09/17 Rented $1,950 0.0% --
02/17/2017 02/17/17 Under Contract -- -- --
02/14/2017 02/14/17 For Rent $1,950 -- --
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed $275,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Deed $156,061 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $202,500 New Conventional
Previous Owner $140,450 No Value Available
Source: Public Records

Source: Realcomp

MLS Number: 20251009082

Realcomp

APN: 25-22-153-030