NOT LISTED FOR SALE

509 Midland Blvd Unit 25 Royal Oak, MI 48073

Estimated Value: $363,000 - $378,878

3 Beds
2.5 Baths
1,500 Sq Ft
$246/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $305,000 $203 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,685/month

43 Days on Market

Highlights

  • Colonial Architecture
  • Covered patio or porch
  • Programmable Thermostat
  • Deck
  • 2 Car Direct Access Garage
  • 5-minute walk to Fred Pieper/ Optimist Park

About This Home

As of October 2020

Beautiful Royal Oak Condo w/Open Concept Main floor living w/10' ceilings in Living, Dining, Kitchen & Powder Rm. Large windows welcome tons of natural light. Custom Blinds. Many upgrades including Hardwood Floors on Main living floor, pendant & recessed lighting, custom Kitchen w/large island, pantry, granite counters & SS appliances. 3rd level: 3 BR & 2 BA w/Master Bedroom Suite & walk-in closet. Washer/Dryer Area just outside master suite. 2 Guest BR & Guest BA. Balcony off LR. Private Entry Front Porch into foyer w/closet & space for a home office. Royal Oak Schools. Walk or bike to nearby parks or into downtown Royal Oak for dining, shopping & entertainment. 20 minutes drive to downtown Detroit. Centrally located & close to I-75, I-696 & Woodward Ave. for easy commute.

Last Agent to Sell the Property

Anita Barratt

Max Broock, REALTORS®-Birmingham License #6501327506 Listed on: 07/30/2020

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Joanna Darmanin

KW Metro License #6501312160

KW Metro

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 2018

HOA Fees

  • $215 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,500 Sq Ft Home
  • 3-Story Property

Kitchen

  • Free-Standing Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Watersense Fixture
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2503380025

Community Details

Overview

  • Tiffany Semanisin Association, Phone Number (888) 646-9888
  • The Townes Occpn 2160 Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,990

Year Built

Built in 2018

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial, Townhouse
  • Architecture Level: 3 Story
  • Year Built: 2018
  • State Equalized Value: 145650.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Programmable Thermostat
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Free-Standing Gas Oven, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1500
  • Total Sq Ft: 1500

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick, Vinyl
  • Construction Features: 462877733
  • Exterior Features: Grounds Maintenance, Lighting, WaterSense® Labeled Irrigation Controller
  • Foundation Materials: Poured
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: 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: Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: 888-646-9888
  • Association Fee: 215
  • Association Contact: Tiffany Semanisin
  • Association Fee: Yes

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Lot Features: Level
  • Parcel Number: 2503380025

Tax Info

  • Tax Amount Summer: 4667.0000
  • Tax Amount Winter: 1323.0000
  • Total Tax: 5990.0000
  • Taxable Value: 145650.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Oct 14, 2020
Sold by
Shin Daniel
Bought by
Reside Andrew and Spampinato Milan
Seller's Agent
Anita Barratt
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Joanna Darmanin
KW Metro
List Price
$319,900
Sold Price
$305,000
Premium/Discount to List
-$14,900
-4.66%
Total Days on Market
43
Current Estimated Value
$369,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,720
Avg. Annual Appreciation
4.23%
Original Mortgage
$244,000
Outstanding Balance
$181,216
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$188,504

Purchase Details

Listed on
Oct 28, 2017
Closed on
Apr 19, 2018
Sold by
Robertson Woodlawn Llc
Bought by
Shin Daniel
Seller's Agent
Carrin Byk
Keller Williams Premier
Buyer's Agent
Bill Ristov
Real Broker LLC
List Price
$307,084
Sold Price
$298,490
Premium/Discount to List
-$8,594
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.87%
Original Mortgage
$100,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Reside Andrew $305,000 Capital Title Ins Agcy Inc
Shin Daniel $298,490 First American Title Insura
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spampinato Milan $244,000
Previous Owner Shin Daniel $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $305,000 -1.9% $203 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
08/23/2020 08/23/20 Price Changed $310,900 -1.3% $207 / Sq Ft
08/16/2020 08/16/20 Price Changed $314,900 -1.6% $210 / Sq Ft
07/30/2020 07/30/20 For Sale $319,900 +7.2% $213 / Sq Ft
04/19/2018 04/19/18 Sold $298,490 -0.5% $199 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
02/12/2018 02/12/18 Price Changed $299,990 -2.5% $200 / Sq Ft
01/06/2018 01/06/18 Price Changed $307,829 -0.3% $205 / Sq Ft
11/25/2017 11/25/17 Price Changed $308,704 +0.5% $206 / Sq Ft
10/28/2017 10/28/17 For Sale $307,084 -- $205 / 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 $4,838 $164,730 $0 $0
2022 $5,930 $154,910 $0 $0
2020 $4,701 $147,920 $0 $0
2018 $5,930 $25,000 $0 $0
2017 $718 $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200060201

Realcomp

APN: 25-03-380-025