NOT LISTED FOR SALE

507 E 5th St Royal Oak, MI 48067

Estimated Value: $860,000 - $926,000

3 Beds
3.5 Baths
2,651 Sq Ft
$339/Sq Ft Est. Value

Sale Details

Date Sold: June 24, 2016

Last sale price $600,000 $226 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,668 / mo

24 Days on Market

Highlights

  • Built in 2015 | Newly Remodeled
  • Contemporary Architecture
  • Porch
  • Keller Elementary Rated A-
  • Bar Fridge
  • 3-minute walk to Grant Park

About This Home

As of June 2016

STUNNING! BRAND NEW, MODERN HOME, LITERALLY WITHIN STEPS OF DOWNTOWN ROYAL OAK. 3 FULL BEDROOM SUITES W/PRIVATE BATHS AND WALK IN/LRG CLOSETS. OPEN FLR PLAN FEATURING 9' CEILING AND WOOD FLR'G 1ST FLR, WHITE CABINETS, MARBLE & QUARTZ COUNTERS, CUSTOM LIGHT FIXTURES. BUILT IN BAR AREA AND WALK IN PANTRY. STAINLESS STEEL APPLIANCES. GAS FIREPLACE W/CUSTOM STONE SURROUND AND FINISH. AMAZING DETAIL TO CEILINGS, FROSTED GLASS INSERT MAHOGANY DOORS 1ST FLR, STUDY W/FRENCH STYLE DOORS. MUD ROOM W/CUSTOM BUILT IN'S. MASTER SUITE HAS AN INCREDIBLE SHOWER W/STAND ALONE TUB, DOUBLE VANITIES AND HUGE WALK IN CLOSET. 2ND FLR LAUNDRY. EXTRA HIGH BASEMENT WALLS, EGRESS WINDOW. 2 CAR ATTACHED GARAGE. CUSTOM UNIQUE FRONT ELEVATION W/CEDAR SIDING, STONE AND MAHOGANY DOORS, COVERED PORCH. PATIO IN BACK. SOD & SPRINKLERS INCLUDED. THIS HOME IS TRULY ONE OF A KIND, QUALITY OF CONSTRUCTION IS A+, HOME IS AMAZING!

Last Agent to Sell the Property

Heidi Weeden

Insignia Realty LLC License #700271 Listed on: 04/15/2016

Last Buyer's Agent

Greg Barnas

Sine & Monaghan, LLC License #6501289384

Sine & Monaghan, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 46x105

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Stone Siding
  • Cedar

Interior Spaces

  • 2,651 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Gas Fireplace
  • Great Room with Fireplace
  • Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Fourth Avenue Sub Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2522133016

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,015

Year Built

Built in 2015 | Newly Remodeled

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Warranty: Yes
  • Year Built: 2015
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Kitchen Appliances: Dishwasher, Disposal, Range/Stove, Refrigerator, Bar Fridge
  • Total Sq Ft: 2651

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Cedar, Stone
  • Construction Features: New Construction, Quick Delivery Home
  • Foundation Materials: Poured
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Attached
  • 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)

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 46X105
  • Parcel Number: 2522133016

Tax Info

  • Tax Amount Summer: 2600.0000
  • Tax Amount Winter: 415.0000
  • Total Tax: 3015.0000

MLS Schools

  • School District: Royal Oak

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
Apr 15, 2016
Closed on
Jun 16, 2016
Sold by
Bought by
Seller's Agent
Heidi Weeden
Insignia Realty LLC
Buyer's Agent
Greg Barnas
Sine & Monaghan, LLC
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Current Estimated Value
$902,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,929
Avg. Annual Appreciation
4.11%

Purchase Details

Closed on
Jul 22, 2015
Sold by
Bought by

Purchase Details

Closed on
Jun 26, 2015
Sold by
Bought by

Purchase Details

Closed on
Oct 1, 2014
Sold by
Bought by

Purchase Details

Closed on
Aug 28, 2014
Sold by
Bought by

Purchase Details

Listed on
Jun 26, 2013
Closed on
Aug 6, 2013
Sold by
Bought by
Seller's Agent
Josh Taylor
Good Company
Buyer's Agent
Eric Walstrom
@properties Christie's Int'l R.E. Birmingham
List Price
$134,888
Sold Price
$135,000
Premium/Discount to List
$112
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.76%

Purchase Details

Closed on
Jan 17, 2005
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
$94,700
Interest Rate
0.0577%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$600,000 Visionary Title Agency Llc
$175,612 Greco Title Agency Llc
-- Mtc
-- None Available
$160,000 Etitle Agency Inc
$135,000 Title One Inc
-- --
-- --
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
Closed $350,000
Closed $24,388
Closed $63,000
Closed $94,700
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 Prior Sale
06/24/2016 06/24/16 Sold $600,000 -4.0% $226 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $625,000 0.0% $236 / Sq Ft
11/08/2013 11/08/13 Rented $1,500 +3.4% --
11/05/2013 11/05/13 Under Contract -- -- --
09/27/2013 09/27/13 For Rent $1,450 0.0% --
07/30/2013 07/30/13 Sold $135,000 +0.1% $157 / Sq Ft View Prior Sale
07/02/2013 07/02/13 Pending -- -- --
06/26/2013 06/26/13 For Sale $134,888 -- $157 / 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 $9,488 $404,470 $0 $0
2024 $9,268 $388,170 $0 $0
2022 $10,950 $348,580 $0 $0
2020 $9,006 $313,890 $0 $0
2018 $10,950 $258,950 $0 $0
2017 $10,715 $258,950 $0 $0
2015 -- $52,530 $0 $0
2014 -- $49,870 $0 $0
2011 -- $47,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216035296

Realcomp

APN: 25-22-133-016

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