NOT LISTED FOR SALE

509 E University Dr Unit 506 Rochester, MI 48307

Estimated Value: $195,887 - $202,000

2 Beds
1.5 Baths
1,091 Sq Ft
1,742 Sq Ft Lot

Last Sold April 26, 2013

Last sale price $76,100 $70 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,181/month

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 August 2023

Fantastic location in downtown Rochester. Paint Creek trail, the library and downtown is right at your doorstep. Condo is on the 2nd floor and has a 1 car attached garage and large locking storage unit. Two generously sized bedrooms, 1.5 baths, and laundry in the unit. Large kitchen. Water and refuse pickup is included.

Last Agent to Rent the Property

Laith Marroki

Keller Williams Somerset License #6501304862 Listed on: 05/24/2023

Keller Williams Somerset

Co-Listed By

Alia Molhem

Keller Williams Paint Creek License #6501396149

Last Renter's Agent

Tonia Kramar

KVK Realty Group LLC License #6501443077

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,227

Year Built

  • Built in 1966

Lot Details

  • 1,742

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1,091 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Location

  • Upper Level

Utilities

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

Community Details

  • No Home Owners Association
  • Paint Creek Condo Hms Of Roch Subdivision

Listing and Financial Details

  • 12 Month Lease Term
  • Assessor Parcel Number 1511351076

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,227

Year Built

Built in 1966

Lot Details

0

Rental Info

  • Lease Type: Condominium
  • Security Deposit: 1.50

Listing Details

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

Interior Features

  • 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, Dryer, Free-Standing Gas Oven, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 1091
  • Total Sq Ft: 1091

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 200.00

Schools

  • School District: Rochester

Lot Info

  • Parcel Number: 1511351076

Multi Family

  • Length of Lease: 12 Months

MLS Schools

  • School District: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2022
Sold by
Batah Feras
Bought by
Batah Feras
Current Estimated Value
$197,163

Purchase Details

Listed on
Apr 11, 2013
Closed on
Apr 26, 2013
Sold by
Doyle James L and He Doyle Qun
Bought by
Batah Feras and Batah Rabia
Seller's Agent
Kevin Stewart
Stewart Team R E Partners Inc
Buyer's Agent
Mary Yovich
Preferred Realty Pros
List Price
$72,500
Sold Price
$76,100
Premium/Discount to List
$3,600
4.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%

Purchase Details

Closed on
Feb 3, 2006
Sold by
Doyle James L
Bought by
Doyle James L and He Doyle Qun

Purchase Details

Closed on
Jul 25, 2000
Sold by
Ball Brian
Bought by
Doyle James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
8.12%
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
Batah Feras -- Land Title
Batah Feras $76,100 Greater Macomb Title Agency
Doyle James L -- Metropolitan Title Company
Doyle James L $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Doyle James L $77,700
Previous Owner Doyle James L $15,000
Previous Owner Doyle James L $77,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Rented $1,475 -1.3% --
05/24/2023 05/24/23 For Rent $1,495 0.0% --
06/10/2022 06/10/22 Rented $1,495 0.0% --
06/09/2022 06/09/22 Under Contract -- -- --
05/18/2022 05/18/22 For Rent $1,495 0.0% --
04/26/2013 04/26/13 Sold $76,100 +5.0% $70 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $72,500 -- $66 / Sq Ft
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 $1,227 $75,200 $0 $0
2023 $1,174 $70,080 $0 $0
2022 $1,482 $67,980 $0 $0
2021 $1,408 $63,140 $0 $0
2020 $1,094 $59,320 $0 $0
2019 $1,421 $55,300 $0 $0
2018 $1,408 $48,120 $0 $0
2017 $1,381 $45,320 $0 $0
2016 $1,348 $39,380 $0 $0
2015 -- $32,730 $0 $0
2014 -- $25,380 $0 $0
2011 -- $29,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laith Marroki

    Landlord's Agent in 2023

    Laith Marroki

    Keller Williams Somerset

    (586) 567-6000

    245 Total Sales

    Section Image
  • Alia Molhem

    Landlord's Co-Listing Agent in 2023

    Alia Molhem

    Keller Williams Paint Creek

    (248) 609-8000

    5 Total Sales

    Section Image

  • T

    Tenant's Agent in 2023

    Tonia Kramar

    KVK Realty Group LLC

    (313) 455-4453

    35 Total Sales

    Section Image

  • K

    Seller's Agent in 2013

    Kevin Stewart

    Stewart Team R E Partners Inc

    (248) 759-5474

    10 in this area

    179 Total Sales

    Section Image

  • M

    Buyer's Agent in 2013

    Mary Yovich

    Preferred Realty Pros

    (586) 322-5070

    15 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 20230040493

Realcomp

APN: 15-11-351-076

Michigan Oakland County Rochester 48307

509 E University Dr Unit 506, Rochester, MI

This home is located at 509 E University Dr Unit 506, Rochester, MI 48307 since 24 May 2023 and is currently priced at $199,472. This property was built in 1966. 509 E University Dr Unit 506 is a home located in Oakland County with nearby schools including North Hill Elementary School, Hart Middle School, and Stoney Creek High School.

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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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