$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

Keller Williams Paint Creek License #6501430019

Keller Williams Paint Creek

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
Keller Williams Paint Creek
List Price
$193,000
Sold Price
$180,000
Premium/Discount to List
-$13,000
-6.74%
Views
32
Current Estimated Value
$185,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,048
Avg. Annual Appreciation
8.22%

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

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 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 List to Sale Price per Sq Ft
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

  • Shuye Pan

    Seller's Agent in 2025

    Shuye Pan

    AutoCity Realty LLC

    (315) 560-8960

    1 in this area

    33 Total Sales

    Shuye Pan
    Section Image

  • E

    Buyer's Agent in 2025

    Evan Bassy

    Keller Williams Paint Creek

    (586) 663-0473

    7 in this area

    87 Total Sales

    Evan Bassy
    Section Image
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Map

Source: Realcomp

MLS Number: 20250030028

Realcomp

APN: 15-11-351-070

Michigan Oakland County Rochester 48307

509 E University Dr Unit 503, Rochester, MI

This home is located at 509 E University Dr Unit 503, Rochester, MI 48307 and is currently priced at $180,000, approximately $180 per square foot. This property was built in 1966. 509 E University Dr Unit 503 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
Copyright 2025 Realcomp II Ltd. Shareholders
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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