Seller's Agent in 2025
Melanie Lovati
Innovation Real Estate Specialists Inc.
(810) 650-4349
3 in this area
242 Total Sales
424 E Parent Ave Royal Oak, MI 48067
1
Bed
1.5
Baths
1,300
Sq Ft
$172/mo
HOA Fee
Highlights
- Contemporary Architecture
- Wood Flooring
- Balcony
- Royal Oak High School Rated A-
- Loft
- Skylights
About This Home
As of February 2025Experience the perfect blend of urban sophistication and modern comfort in this stunning loft-style condominium, located just steps from the vibrant downtown Royal Oak. Designed with an open-concept layout, the space is highlighted by soaring 25-foot ceilings and expansive glass windows that bathe the interior in natural light, creating an airy and inviting atmosphere. The custom kitchen features high-end European cabinetry, offering both functionality and sleek design, while the newly renovated primary bath adds a touch of spa-like luxury. Thoughtful upgrades, including contemporary lighting fixtures, custom window treatments, and a brand-new HVAC unit, ensure a stylish and comfortable living experience. This pet-friendly condo includes an in-unit private garage with an additional exterior parking space, providing convenience and versatility. Residents will also enjoy access to a private dog run, perfect for furry companions. Beyond the property, the location offers unparalleled convenience. A short stroll brings you to the heart of Royal Oak’s lively dining, shopping, and nightlife scene. For those commuting or exploring further afield, immediate access to major highways makes it easy to reach Downtown Detroit and other destinations throughout Metro Detroit. This exceptional property combines style, comfort, and location, making it a rare opportunity in one of the area’s most sought-after neighborhoods. Schedule your private showing today to see it for yourself!
Last Agent to Sell the Property
Innovation Real Estate Specialists Inc. License #MISPE-6502370130 Listed on: 01/13/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
Year Built
- Built in 2005
HOA Fees
- $172 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Slab Foundation
Interior Spaces
- 1,300 Sq Ft Home
- Ceiling Fan
- Skylights
- Window Treatments
- Loft
- Wood Flooring
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- Walk-In Closet
Laundry
- Dryer
- Washer
Parking
- 1 Car Attached Garage
- Garage Door Opener
- On-Street Parking
Outdoor Features
- Balcony
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 25-22-352-040
Community Details
Overview
- Association fees include ground maintenance, snow removal, maintenance structure
- Parent Ave Condo Occpn 1830 Subdivision
- Maintained Community
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 13, 2025
Closed on
Feb 20, 2025
Sold by
Lovati Donald L
Bought by
Fabiano Marcella
Seller's Agent
Melanie Lovati
Innovation Real Estate Specialists Inc.
Buyer's Agent
Douglas Rahaim
DOBI Real Estate
List Price
$359,900
Sold Price
$360,000
Premium/Discount to List
$100
0.03%
Views
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,179
Avg. Annual Appreciation
1.02%
Purchase Details
Listed on
Jul 10, 2019
Closed on
Nov 1, 2019
Sold by
Bannister David M
Bought by
Lovati Donald L
Seller's Agent
Christian Grothe
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Melanie Lovati
Innovation Real Estate Specialists Inc.
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$228,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 7, 2006
Sold by
Proton Capital Llc
Bought by
Bannister David M
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $360,000 | None Listed On Document | |
| Warranty Deed | $360,000 | None Listed On Document | |
| Warranty Deed | $285,000 | Ret | |
| Warranty Deed | $326,710 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $228,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/20/2025 02/20/25 | Sold | $360,000 | 0.0% | $277 / Sq Ft | |
| 02/01/2025 02/01/25 | Pending | -- | -- | -- | |
| 01/13/2025 01/13/25 | For Sale | $359,900 | +26.3% | $277 / Sq Ft | |
| 11/01/2019 11/01/19 | Sold | $285,000 | -5.0% | $179 / Sq Ft | View Prior Sale |
| 10/07/2019 10/07/19 | Pending | -- | -- | -- | |
| 07/10/2019 07/10/19 | For Sale | $299,900 | -- | $188 / Sq Ft |
Source: Michigan Multiple Listing Service
Tax History Compared to Growth
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 | $6,193 | $164,410 | $0 | $0 |
| 2024 | $4,714 | $160,400 | $0 | $0 |
| 2022 | $5,872 | $153,390 | $0 | $0 |
| 2020 | $4,643 | $155,290 | $0 | $0 |
| 2018 | $5,872 | $135,710 | $0 | $0 |
| 2017 | $5,934 | $135,710 | $0 | $0 |
| 2015 | -- | $124,320 | $0 | $0 |
| 2014 | -- | $102,010 | $0 | $0 |
| 2011 | -- | $142,510 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Melanie Lovati
-
Douglas Rahaim
Buyer's Agent in 2025
Douglas Rahaim
DOBI Real Estate
(313) 590-5794
9 in this area
119 Total Sales
-
Christian Grothe
Seller's Agent in 2019
Christian Grothe
Max Broock, REALTORS®-Birmingham
(248) 979-1900
68 in this area
226 Total Sales
Map
Source: Michigan Multiple Listing Service
MLS Number: 50164474
APN: 25-22-352-040
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Source MLS: MiRealSource
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