NOT LISTED FOR SALE

509 E University Dr Rochester, MI 48307

Estimated Value: $193,000 - $198,000

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

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • North Hill Elementary School Rated A
  • 1-Story Property
  • 4-minute walk to Rotary Gateway Park

About This Home

As of September 2023

What a great location in downtown Rochester. Walk right over to the Paint Creek trail along the river, to the library and all your favorite downtown spots. 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. Kitchen has new granite, sink, faucet and stove. enough space for dining so formal dining room can also be office space. Water and refuse pickup is included.

Last Agent to Rent the Property

Tricia Raymond

Keller Williams Paint Creek License #6506043097 Listed on: 08/02/2023

Keller Williams Paint Creek

Last Renter's Agent

Mark Raymond

TMI Realty LLC License #6501367336

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1966

Lot Details

  • 1,742

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 1,091 Sq Ft Home
  • 1-Story Property

Kitchen

  • Free-Standing Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Community Details

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

Listing and Financial Details

  • Security Deposit $2,243
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 30.00
  • Assessor Parcel Number 1511351074

Condo Details

Home Type

Condominium

Year Built

Built in 1966

Lot Details

1,742 Sq Ft Lot

Rental Info

  • Application Fee: 30.00
  • Lease Type: Condominium
  • Rent Includes: Water/Sewer, Snow Removal, Trash Collection (Garbage Pickup), Water, Yard Maintenance
  • Security Deposit: 2242.50

Listing Details

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

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 1091

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 300.00

Lot Info

  • Parcel Number: 1511351074

Multi Family

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

MLS Schools

  • School District: Rochester

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2018
Sold by
Bought by
Current Estimated Value
$195,546

Purchase Details

Closed on
Apr 19, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 13, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.6%

Purchase Details

Closed on
Apr 23, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,261
Interest Rate
6.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$119,200 Fidelity National Title
-- Abstract Title Agency
$120,000 --
$99,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $110,000
Previous Owner $97,261
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/16/2023 09/16/23 Rented $1,450 0.0% --
09/12/2023 09/12/23 Under Contract -- -- --
09/01/2023 09/01/23 Price Changed $1,450 -3.0% $1 / Sq Ft
08/02/2023 08/02/23 For Rent $1,495 -- --
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,565 $82,120 $0 $0
2024 $2,492 $75,200 $0 $0
2023 $2,383 $70,080 $0 $0
2022 $3,009 $67,980 $0 $0
2021 $2,858 $63,140 $0 $0
2020 $2,220 $59,320 $0 $0
2019 $2,883 $55,300 $0 $0
2018 $1,186 $48,120 $0 $0
2017 $1,162 $45,320 $0 $0
2016 $1,135 $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

  • Tricia Raymond

    Landlord's Agent in 2023

    Tricia Raymond

    Keller Williams Paint Creek

    (248) 229-8859

    76 Total Sales

    Tricia Raymond
    Section Image

  • M

    Tenant's Agent in 2023

    Mark Raymond

    TMI Realty LLC

    (248) 658-8518

    1 Total Sale

    Mark Raymond
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230064088

Realcomp

APN: 15-11-351-074

Michigan Oakland County Rochester 48307

509 E University Dr, Rochester, MI

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 2026 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.