$180,000
SOLD MAY 30, 2025

509 E University Dr Unit 503 Rochester, MI 48307

2 Beds
1.5 Baths
998 Sq Ft
$355/mo HOA Fee

Recently Sold

$180 Per Sq Ft

7% Below List Price

3 Days on Market

Highlights

  • 1 Car Attached Garage
  • 1-Story Property
  • 3-minute walk to Rotary Gateway Park
  • North Hill Elementary School Rated A
  • Forced Air Heating System

About This Home

As of May 2025

Fantastic Downtown Rochester location!! Walk right over to the Paint Creek trail along the river, to the library and all your favorite downtown spots. Condo is on the 1st floor and has a 1 car attached garage and large locking storage unit. Two generously sized bedrooms, 1.5 baths. Right up against the Paint Creek Trail. Also walking distance to the public library, post office and all the vibrant downtown Rochester offers! COMMON BASEMENT WITH PRIVATE STORAGE AND ALSO ONE CAR GARAGE.The condo is tenant occupied currently till 6/30. Potential buyers can have the option to have current tenants carried over until they move out. Seller is Michigan licensed realtor

Last Agent to Sell the Property

Shuye Pan

AutoCity Realty LLC License #6501458302 Listed on: 05/01/2025

Last Buyer's Agent

Evan Bassy

LPT Realty, LLC License #6501430019

LPT Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1966

HOA Fees

  • $355 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Back Up Electric Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 1511351070

Community Details

Overview

  • Rochester Property Management Group Association, Phone Number (248) 650-8983
  • Paint Creek Condo Hms Of Roch Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,952

Year Built

Built in 1966

Lot Details

0

HOA Fees

$355 per month

Listing Details

  • Property Type: Condominium
  • Architecture Level: 1 Story
  • Year Built: 1966
  • State Equalized Value: 73660.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Sq Ft Combined: 998
  • Total Sq Ft: 998

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Electric
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: (248) 650-8983
  • Association Fee: 355
  • Association Contact: Rochester Property Management Group
  • Association Fee: Yes

Schools

  • School District: Rochester

Lot Info

  • Parcel Number: 1511351070

Tax Info

  • Tax Amount Summer: 2251.0000
  • Tax Amount Winter: 701.0000
  • Total Tax: 2952.0000
  • Taxable Value: 58750.0000

MLS Schools

  • School District: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2025
Closed on
May 29, 2025
Sold by
Amigo & Pango Llc
Bought by
Aboona Albert and Aboona Randa
Seller's Agent
Shuye Pan
AutoCity Realty LLC
Buyer's Agent
Evan Bassy
LPT Realty, LLC
List Price
$193,000
Sold Price
$180,000
Premium/Discount to List
-$13,000
-6.74%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
111.96%

Purchase Details

Closed on
Apr 27, 2016
Sold by
Staperfenne Ellen L
Bought by
Amigo & Pango Llc

Purchase Details

Closed on
Jan 21, 2006
Sold by
Staperfenne William A and Staperfene Catherine L
Bought by
Staperfenne William A and Staperfenne Catherine L

Purchase Details

Closed on
Jun 28, 2004
Sold by
Staperfenne William A and Staperfenne Catherine L
Bought by
Staperfenne William A and Staperfenne Catherine L

Purchase Details

Closed on
Mar 28, 2000
Sold by
Staperfenne William A
Bought by
Staperfenne William

Purchase Details

Closed on
Feb 24, 1997
Sold by
Reid Christopher T
Bought by
Staperfenne William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,500
Interest Rate
7.65%
Source: Public Records

Similar Homes in Rochester, MI

  • 527 E University Dr Unit 1108, Rochester, MI 48307

    $199,900

    • 2 Beds
    • 1.5 Baths
    • 1,091 Sq Ft
    • 527 E University Dr
    • Unit 1108
    • Rochester, MI

    Located in Downtown Rochester, just 2 short blocks from Main Street and across from the Royal Park Hotel. This condominium is nestled in a peaceful wooded setting next to River Walk trail. The complex has only 8 units per building. This unit has it's own built-in washer/dryer includes water use, commercial hot water heaters and water softeners plus water usage, lawn maintenance and outside window

    Charles Shepherd Shepherd Properties, LLC

    Section Image
  • 433 Miller Ave Unit 204, Rochester, MI 48307

    $159,900

    • 2 Beds
    • 1 Bath
    • 751 Sq Ft
    • 433 Miller Ave
    • Unit 204
    • Rochester, MI

    Explore Downtown Rochester Living at it's finest. Walk to Main St, the Library and the Rochester Park in 10 minutes! Enjoy this 2 bedroom 1 bath second floor unit with a clean and modern design. Granite Counters, Stainless Steel Appliances, Fresh Paint and Laminate Floors are all recent updates to the property. Private Storage locker and laundry in basement. This well-maintained unit combines

    Anthony Bonanni Espresso Real Estate, LLC

    Section Image
  • 420 Baldwin Ave Unit 92, Rochester, MI 48307

    $175,000

    • 2 Beds
    • 1 Bath
    • 839 Sq Ft
    • 420 Baldwin Ave
    • Unit 92
    • Rochester, MI

    Welcome to your charming upper-unit condo in the heart of Downtown Rochester! This move in ready home features newer carpet and paint, a beautifully refinished tub and shower, and high end room darkening shades throughout. The kitchen includes a newer dishwasher and fridge, and the well-maintained association provides peace of mind. The spacious primary bedroom boasts a massively oversized walk

    Jake Davis Good Company

    Section Image
  • 420 Baldwin Ave Unit 79, Rochester, MI 48307

    $199,900

    • 2 Beds
    • 1 Bath
    • 875 Sq Ft
    • 420 Baldwin Ave
    • Unit 79
    • Rochester, MI

    The best things really do come in small packages! Rare walkout patio has private space and woods, only shared with local wildlife to relax and enjoy the view. Walk to downtown from this newly renovated (summer of 2023) this one has all the whistles and bells! Lovely, appointed kitchen has painted white maple cabinets, quartz counter tops with black faucet to complete the look. All new doors

    Jill Polenz KW Domain

    Section Image
  • 500 Romeo Rd Unit 116, Rochester, MI 48307

    $148,000

    • 1 Bed
    • 1 Bath
    • 618 Sq Ft
    • 500 Romeo Rd
    • Unit 116
    • Rochester, MI

    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

    Silvia Stan Signature Sotheby's International Realty Bham

    Section Image
  • 286 1st St Unit 8, Rochester, MI 48307

    $214,900

    • 2 Beds
    • 1 Bath
    • 950 Sq Ft
    • 286 1st St
    • Unit 8
    • Rochester, MI

    Great opportunity to live in Downtown Rochester. Second floor ranch condo with large master bedroom with oversized walk in closet. The kitchen updates include newer countertops, vinyl plank flooring and stainless steel sink and faucet. Bathroom updates include a newer vanity with modern lighting. New furnace and central air in 2023! Exterior features include a privacy fence for your courtyard

    Mark Smith Millennium III Realty, Inc.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $176,600 Michigan Investment Title
Warranty Deed $176,600 Michigan Investment Title
Warranty Deed $95,000 First American Title Ins Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Great Lakes Title Of Mi
Deed -- --
Deed $72,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $56,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $180,000 -6.7% $180 / Sq Ft
05/05/2025 05/05/25 Pending -- -- --
05/01/2025 05/01/25 For Sale $193,000 0.0% $193 / Sq Ft
06/27/2024 06/27/24 Rented $1,350 0.0% --
06/27/2024 06/27/24 Under Contract -- -- --
06/17/2024 06/17/24 For Rent $1,350 -- --
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 $2,251 $73,660 $0 $0
2023 $2,153 $68,610 $0 $0
2022 $2,718 $66,520 $0 $0
2021 $2,581 $61,730 $0 $0
2020 $2,005 $57,850 $0 $0
2019 $2,604 $53,950 $0 $0
2018 $2,581 $50,760 $0 $0
2017 $2,530 $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

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20250030028

Realcomp

APN: 15-11-351-070