$148,000
SOLD AUG 29, 2025

500 Romeo Rd Unit 116 Rochester, MI 48307

1 Bed
1 Bath
618 Sq Ft
$279/mo HOA Fee

Recently Sold

$239 Per Sq Ft

118 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • 1-Story Property
  • North Hill Elementary School Rated A
  • Stainless Steel Appliances
  • Baseboard Heating

About This Home

As of August 2025

Welcome to this beautifully updated condo located across the street from the Howlett Park in walking distance to Downtown Rochester! This condo is ready for you to move in and enjoy it. The spacious living room has brand new engineered wood flooring, it is bright and opens to the completely updated kitchen that is showcasing new white cabinetry, granite counters, all stainless steel appliances and an inviting bar area. The large bedroom has a walk-in closet and the bathroom is very nicely updated. There is a washer and dryer hookup inside the condo, an assigned parking space under the carport (#44) and a big storage room in the common basement. The condo complex has a park like setting with big tree and beautiful landscaping and is located just a few blocks from all the attractions that Downtown Rochester has to offer, amazing restaurants and great entertainment. Also, Stoney Creek Metropark is in close proximity with all the outdoor activities. The monthly association fee is low and includes water, sewer, gas, trash, outside & structural maintenance. Move in or use it as an investment, this is the best deal in Downtown Rochester area today! Land contract available, too.

Last Agent to Sell the Property

Silvia Stan

Signature Sotheby's International Realty Bham License #6501281591 Listed on: 04/25/2025

Signature Sotheby's International Realty Bham

Last Buyer's Agent

Matthew Cook

Quest Realty LLC License #6501450756

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1964 | Remodeled in 2023

HOA Fees

  • $279 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 618 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Carport
  • 1 Parking Garage Space

Location

  • Ground Level Unit

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1511330037
  • $4,440 Seller Concession

Community Details

Overview

  • Paula Granowicz Association, Phone Number (586) 739-6001
  • Rochester Village Condo Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,746

Year Built

Built in 1964 | Remodeled in 2023

Lot Details

0

HOA Fees

$279 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 1 Story Up
  • Year Built: 1964
  • State Equalized Value: 56350.0000
  • Year Renovated: 2023
  • Entry Location: Ground Level
  • Pets Allowed: Call, Cats OK, Dogs OK, Number Limit
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Interior Entry, Unfinished, Common
  • Kitchen Appliances: Dishwasher, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s)
  • Sq Ft Combined: 618
  • Total Sq Ft: 618

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Grounds Maintenance
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: 1 Assigned Space, Carport

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Baseboard
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Gas, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: 586-739-6001
  • Association Fee: 279
  • Association Contact: Paula Granowicz
  • Association Fee: Yes

Schools

  • School District: Rochester

Lot Info

  • Parcel Number: 1511330037

Rental Info

  • Deposit Amount: 37000.00
  • Tenant Amenities: Laundry In-Unit

Tax Info

  • Tax Amount Summer: 2159.0000
  • Tax Amount Winter: 587.0000
  • Total Tax: 2746.0000
  • Taxable Value: 56350.0000

MLS Schools

  • School District: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Jul 19, 2023
Sold by
Soulliere Todd
Bought by
Equity Trust Co and Lulian Bejan Ira
Seller's Agent
Silvia Stan
Signature Sotheby's International Realty Bham
Buyer's Agent
Silvia Stan
Signature Sotheby's International Realty Bham
Sold Price
$1,175
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
Jan 7, 2021
Sold by
Bearegard Steven
Bought by
Soulliere Todd

Purchase Details

Closed on
Oct 27, 2005
Sold by
Rochester Park Associates Llc
Bought by
Mckolay John and Mckolay Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Warranty Deed $121,000 None Listed On Document
Warranty Deed $90,000 Premier Title Agency Llc
Warranty Deed $73,815 Greco
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,800 New Conventional
Previous Owner $50,400 New Conventional
Previous Owner $50,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 Sold $148,000 0.0% $239 / Sq Ft
08/22/2025 08/22/25 Pending -- -- --
04/25/2025 04/25/25 For Sale $148,000 0.0% $239 / Sq Ft
08/15/2023 08/15/23 Rented $1,175 0.0% --
08/12/2023 08/12/23 Under Contract -- -- --
08/03/2023 08/03/23 Price Changed $1,175 +6.8% $2 / Sq Ft
07/21/2023 07/21/23 For Rent $1,100 0.0% --
07/19/2023 07/19/23 Sold $121,000 -6.9% $196 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $130,000 0.0% $210 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $130,000 +106.3% $210 / Sq Ft
09/03/2015 09/03/15 Sold $63,000 -8.7% $102 / Sq Ft
07/24/2015 07/24/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $69,000 -- $112 / 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 $2,159 $56,350 $0 $0
2023 $1,802 $47,690 $0 $0
2022 $2,275 $44,610 $0 $0
2021 $1,371 $43,600 $0 $0
2020 $1,065 $38,730 $0 $0
2019 $1,384 $35,120 $0 $0
2018 $1,371 $31,640 $0 $0
2017 $883 $30,200 $0 $0
2016 $855 $25,170 $0 $0
2015 -- $21,000 $0 $0
2014 -- $18,840 $0 $0
2011 -- $25,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250028201

Realcomp

APN: 15-11-330-037