NOT LISTED FOR SALE

507 E University Dr Rochester, MI 48307

Estimated Value: $179,538 - $198,000

2 Beds
1.5 Baths
998 Sq Ft
1966 Built

Sale Details

Date Sold: August 3, 2020

Last sale price $130,000 $130 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,173 / mo

Highlights

  • Deck
  • No HOA
  • Home fronts a stream
  • North Hill Elementary School Rated A
  • 1 Car Garage
  • 3-minute walk to Rotary Gateway Park

About This Home

As of June 2021

Great opportunity to live in Downtown Rochester. This condo is directly across the street from the Royal Park Hotel and minutes from everything that Rochester has to offer from boutique stores to a variety of bars and restaurants and easy access to the paint creek and Clinton River Tails. Laundry is conveniently located in the unit. Underground parking and a generous storage space in the basement. Enjoy your morning cup of coffee or evening cocktail from the deck overlooking The Paint Creek. 1 months rent needed to hold home. 12-24 month lease. Security deposit of 1.5x months rent, processing fee $35 per applicant. Applicant income must be at least 3x the monthly rent. No smoking, No pets. Gold Shield Services will provide lease at move in.

Last Agent to Rent the Property

Colin McCoy

Berkshire Hathaway HomeServices Kee Realty License #6501334108 Listed on: 12/08/2020

Berkshire Hathaway HomeServices Kee Realty

Last Renter's Agent

Colin McCoy

Berkshire Hathaway HomeServices Kee Realty License #6501334108 Listed on: 12/08/2020

Berkshire Hathaway HomeServices Kee Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1966

Lot Details

  • Home fronts a stream
  • Property fronts a private road

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 998 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Garage
  • Garage Door Opener
  • 1 Assigned Parking Space

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Net Metering or Smart Meter
  • Shared Water Meter
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Deck
  • Ground Level

Listing and Financial Details

  • Security Deposit $1,950
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 35.00
  • Assessor Parcel Number 1511351064

Community Details

Overview

  • No Home Owners Association
  • Paint Creek Condo Hms Of Roch Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Condo Details

Home Type

Condominium

Year Built

Built in 1966

Lot Details

0 Sq Ft Lot

Rental Info

  • Application Fee: 35.00
  • Lease Type: Condominium
  • Rent Includes: Association Fee, Snow Removal, Trash Collection (Garbage Pickup)
  • Security Deposit: 1950.00
  • Tenant Amenities: Laundry In-Unit

Listing Details

  • Property Type: Condominium
  • Architecture Level: 1 Story Ground
  • Year Built: 1966
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Utility Smart Meter, High Spd Internet Avail, Cable Available
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Common
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 998

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Grounds Maintenance
  • Foundation Materials: Poured
  • Porch Type: Deck
  • Road Frontage Type: Private
  • Waterfront Description: Stream

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: 1 Assigned Space, Direct Access, Door Opener, Side Entrance, Basement Access, Detached
  • Garage: Yes
  • MF Parking: Assigned Spaces

Utilities

  • Heating Fuel: Electric
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Common
  • Water Source: Community
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Maintenance Grounds, Pest Control, Sewer, Trash, Water
  • Association Fee: No

Lot Info

  • Parcel Number: 1511351064

Multi Family

  • Length of Lease: 12 Months, 13-24 Months

MLS Schools

  • School District: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2016
Sold by
Smith Alfred E and Smith Marilyn A
Bought by
Bigwood Laura J
Current Estimated Value
$189,635

Purchase Details

Closed on
Nov 2, 2016
Sold by
Smith Alfred E and Smith Marilyn A
Bought by
Smith Alfred E and Smith Marilyn A

Purchase Details

Closed on
Feb 27, 2003
Sold by
Boudreau Violetta M
Bought by
Smith Alfred E and Smith Marilyn A

Purchase Details

Closed on
Oct 17, 2000
Sold by
Boudreau Violetta M
Bought by
Violetta M Boudreau Tr

Purchase Details

Closed on
Jun 25, 1999
Sold by
Farinelli Pamela C
Bought by
Boudreau Violetta M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Bigwood Laura J $105,000 Transnation Title Clarkston
Smith Alfred E -- None Available
Smith Alfred E $110,000 Metropolitan Title Company
Violetta M Boudreau Tr -- --
Boudreau Violetta M $93,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2021 06/08/21 Rented $1,200 -7.7% --
04/06/2021 04/06/21 Under Contract -- -- --
12/08/2020 12/08/20 For Rent $1,300 0.0% --
10/30/2020 10/30/20 Rented $1,300 0.0% --
10/19/2020 10/19/20 Under Contract -- -- --
10/10/2020 10/10/20 For Rent $1,300 0.0% --
08/03/2020 08/03/20 Sold $130,000 -1.5% $130 / Sq Ft View Prior Sale
07/10/2020 07/10/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $132,000 -2.2% $132 / Sq Ft
02/14/2018 02/14/18 Sold $135,000 -3.5% $123 / Sq Ft View Prior Sale
02/06/2018 02/06/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $139,900 +57.2% $127 / Sq Ft
03/30/2016 03/30/16 Sold $89,000 -3.8% $82 / Sq Ft View Prior Sale
02/16/2016 02/16/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $92,500 -- $85 / Sq Ft
Source: Realcomp

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 $1,929 $80,520 $0 $0
2024 $1,717 $73,660 $0 $0
2023 $1,644 $68,610 $0 $0
2022 $1,749 $66,520 $0 $0
2021 $1,643 $61,730 $0 $0
2020 $1,543 $57,850 $0 $0
2019 $1,696 $53,950 $0 $0
2018 $1,694 $50,760 $0 $0
2017 $1,661 $47,780 $0 $0
2016 $776 $41,550 $0 $0
2015 -- $34,490 $0 $0
2014 -- $26,700 $0 $0
2011 -- $31,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200098874

Realcomp

APN: 15-11-351-062

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