Seller's Agent in 2021
James Orr
RE/MAX of Southeast Michigan
(248) 379-8902
41 in this area
149 Total Sales
501 E 5th St Royal Oak, MI 48067
Estimated Value: $874,000 - $917,000
4
Beds
4.5
Baths
3,049
Sq Ft
$294/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Deck
- No HOA
- Keller Elementary Rated A-
- Corner Lot
- 3-minute walk to Grant Park
About This Home
As of June 2021Timeless, turn of the century, brick colonial, is truly walking distance to downtown (2 blocks). This home is the perfect blend of 1900's charm/character and today's materials/design (complete remodel in 2008). Master suite features vaulted ceilings, heated flooring in bath, WIC, and European shower/tub. 2nd floor office w large balcony overlooking downtown. Pella windows and 3 Anderson door walls. Roof and 4 skylights were replaced in 2019. Open Kitchen w custom italian cabinetry (Berloni) and caesarstone countertops. Finished basement offers walk out access, pet shower, porcelain tile flooring, tons of storage, fireplace, and 2nd office. 3 laundry areas, solid doors t/o, surround sound, composite decking, gas bbq hook up, new exterior paint, dual furnaces & a/c. Pride of ownership is evident as this home has been loved and meticulously maintained! BATVAI.
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1901 | Remodeled in 2008
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 46.00x105.00
- Fenced
- Corner Lot
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Brick Foundation
- Asphalt Roof
Interior Spaces
- 3,049 Sq Ft Home
- 2-Story Property
- Bar Fridge
- Ceiling Fan
- Gas Fireplace
- Finished Basement
- Fireplace in Basement
Kitchen
- Free-Standing Gas Oven
- Range Hood
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Parking
- 2 Car Detached Garage
- Garage Door Opener
Outdoor Features
- Deck
- Covered Patio or Porch
Location
- Ground Level
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Fourth Avenue Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 2522133015
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2021
Closed on
Jun 11, 2021
Sold by
Bought by
Seller's Agent
James Orr
RE/MAX First
Buyer's Agent
Jason Ball
Clients First, REALTORS®
List Price
$650,000
Sold Price
$725,000
Premium/Discount to List
$75,000
11.54%
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
$171,228
Avg. Annual Appreciation
4.31%
Original Mortgage
$715,000
Outstanding Balance
$643,098
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$253,130
Purchase Details
Closed on
Sep 3, 2013
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
4.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 25, 2003
Sold by
Bought by
Purchase Details
Closed on
Aug 4, 2003
Sold by
Bought by
Purchase Details
Closed on
Jan 15, 1998
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
6.95%
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| $725,000 | Abstract Title Agency | ||
| $515,000 | Shield Title | ||
| $195,000 | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $715,000 | ||
| Previous Owner | $365,000 | ||
| Previous Owner | $23,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/14/2021 06/14/21 | Sold | $725,000 | +11.5% | $238 / Sq Ft |
| 05/16/2021 05/16/21 | Pending | -- | -- | -- |
| 05/14/2021 05/14/21 | For Sale | $650,000 | -- | $213 / Sq Ft |
Source: Realcomp
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $10,578 | $390,800 | $0 | $0 |
| 2024 | $10,333 | $362,280 | $0 | $0 |
| 2022 | $18,834 | $326,270 | $0 | $0 |
| 2020 | $10,041 | $275,360 | $0 | $0 |
| 2018 | $18,834 | $263,040 | $0 | $0 |
| 2017 | $9,939 | $263,040 | $0 | $0 |
| 2015 | -- | $247,920 | $0 | $0 |
| 2014 | -- | $235,490 | $0 | $0 |
| 2011 | -- | $127,210 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
James Orr
-
Jason Ball
J
Buyer's Agent in 2021
Jason Ball
Clients First, REALTORS®
(248) 863-7544
13 Total Sales
Map
Source: Realcomp
MLS Number: 2210027181
APN: 25-22-133-015
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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