$177,000 - $191,000
RENTED MAY 28, 2025

509 E University Dr Unit 501 Rochester, MI 48307

2 Beds
1.5 Baths
1,000 Sq Ft
1,742 Sq Ft Lot

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System
  • North Hill Elementary School Rated A
  • 1 Car Attached Garage
  • 3-minute walk to Rotary Gateway Park

About This Home

As of May 2025

Fantastic Location! Walk to Downtown, Library, Shopping, Restaurants, Coffee Shops, Paint Creek Trail and much more… This Clean, entry-level condo offers a Large Remodeled Kitchen with Lots of Cabinets - Soft Close Drawers & Breakfast Bar. All Appliances included. In-Unit Washer & Dryer. Bedrooms offer ceiling fans & walk-in closets. Water and Trash service included (Your Only Utilities are Electric & Cable!) Basement access to common laundry facilities - Attached 1 Car Garage & Large Private Storage Room. Immediate Occupancy. First month’s rent & 1 months security deposit moves you in. $250 cleaning fee is refundable if unit is left clean at end of lease term. No smoking or pets please.

Last Agent to Rent the Property

Bill Barber

Real Estate One-Rochester License #6501295868 Listed on: 05/02/2025

Real Estate One-Rochester

Last Renter's Agent

Debbie Corey

Berkshire Hathaway HomeServices Kee Realty License #6502382023

Berkshire Hathaway HomeServices Kee Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,084

Year Built

  • Built in 1966

Lot Details

  • 1,742

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Garage Space
  • Garage Door Opener

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,325
  • 12 Month Lease Term
  • Assessor Parcel Number 1511351073

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

Est. Annual Taxes

$1,084

Year Built

Built in 1966

Lot Details

0

Rental Info

  • Lease Type: Condominium
  • Rent Includes: Association Fee
  • Security Deposit: 2325.00
  • Tenant Amenities: Laundry On Site, Laundry In-Unit

Listing Details

  • Property Type: Condominium
  • Architecture Style: Ranch
  • 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: Cable Available
  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Washer
  • Sq Ft Combined: 1000
  • Total Sq Ft: 1000
  • Sq Ft Total Bsmt: 250

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Grounds Maintenance
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: 1 Assigned Space, Door Opener, Attached
  • Garage: Yes
  • MF Parking: Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Water
  • Association Fee: No

Fee Information

  • Additional Fee: 250.00

Schools

  • School District: Rochester

Lot Info

  • Parcel Number: 1511351073

Multi Family

  • Length of Lease: 12 Months

MLS Schools

  • School District: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2012
Sold by
Pyong Ip Pun and Pyong Ip Pun
Bought by
Pyong Ip Pun and Ip Pun Pyong Trust
Current Estimated Value
$186,439

Purchase Details

Closed on
Aug 24, 2010
Sold by
Holden Martha M and Peterson Judith A
Bought by
Pyong Ip Pun
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 Buyer Sale Price Title Company
Pyong Ip Pun -- None Available
Pyong Ip Pun $48,900 Liberty Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Rented $1,550 0.0% --
05/26/2025 05/26/25 Under Contract -- -- --
05/02/2025 05/02/25 For Rent $1,550 -- --
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 $1,084 $73,660 $0 $0
2023 $1,037 $68,610 $0 $0
2022 $1,310 $66,520 $0 $0
2021 $1,244 $61,730 $0 $0
2020 $967 $57,850 $0 $0
2019 $1,256 $53,950 $0 $0
2018 $1,244 $50,760 $0 $0
2017 $1,220 $47,780 $0 $0
2016 $1,191 $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

  • Bill Barber

    Landlord's Agent in 2025

    Bill Barber

    Real Estate One

    (248) 521-8162

    2 in this area

    98 Total Sales

    Section Image
  • Debbie Corey

    Tenant's Agent in 2025

    Debbie Corey

    Berkshire Hathaway HomeServices Kee Realty

    (248) 601-1000

    17 in this area

    135 Total Sales

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Map

Source: Realcomp

MLS Number: 20250031288

Realcomp

APN: 15-11-351-073

Michigan Oakland County Rochester 48307

509 E University Dr Unit 501, Rochester, MI

This home is located at 509 E University Dr Unit 501, Rochester, MI 48307 since 02 May 2025 and is currently priced at $186,003. This property was built in 1966. 509 E University Dr Unit 501 is a home located in Oakland County with nearby schools including North Hill Elementary School, Hart Middle School, and Stoney Creek High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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