NOT LISTED FOR SALE

511 E University Dr Unit 601 Rochester, MI 48307

Estimated Value: $178,000 - $196,000

2 Beds
1.5 Baths
998 Sq Ft
$330/mo HOA Fee

Last Sold March 08, 2021

Last sale price $130,000 $130 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,561/month

5 Days on Market

Highlights

  • Water Views
  • Home fronts a creek
  • 1 Car Attached Garage
  • North Hill Elementary School Rated A
  • Ranch Style House
  • 3-minute walk to Rotary Gateway Park

About This Home

As of March 2021

Come check out this cute 2 bedroom condo located directly on Paint Creek with views of downtown Rochester across the water. Perfectly located, this condo sits directly across the creek from the Rochester library, just next to the Royal Park Hotel, and has access to the entire walking/biking trail network right out the back door! This is a first floor unit with a large living room, separate dining area, fully equipped kitchen, and spacious bedrooms, both with walk in closets. You also have one of the few units with a sliding glass door out to a personal deck to grill and otherwise enjoy the beautiful community. Carpet was replaced within the last 3 years. There is a single car garage with electric door in the basement of the building, allowing direct indoor access to your new home. UNIT ALSO HAS A LARGE DEDICATED STORAGE ROOM IN THE BASEMENT LEVEL. This unit needs some cosmetic updates, and the price reflects this. Phenomenal opportunity to build equity in a perpetually desired area.

Last Agent to Sell the Property

Jessika Hadash

Brookstone, Realtors LLC License #6501417037 Listed on: 02/19/2021

Last Buyer's Agent

Caron Riha

Real Estate One-Rochester License #6501276288

Real Estate One-Rochester

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1966

Lot Details

  • Home fronts a creek
  • Native Plants

HOA Fees

  • $330 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 998 Sq Ft Home
  • Ceiling Fan
  • Water Views

Kitchen

  • Built-In Electric Oven
  • Free-Standing Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1511351081

Community Details

Overview

  • Paint Creek Condominiums Association, Phone Number (248) 650-8983
  • Paint Creek Condo Hms Of Roch Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,273

Year Built

Built in 1966

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Ranch
  • Architecture Level: 1 Story Ground
  • Year Built: 1966
  • State Equalized Value: 57850.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: High Spd Internet Avail
  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Common
  • Kitchen Appliances: Electric Cooktop, Dishwasher, Microwave, Built-In Electric Oven, Free-Standing Electric Oven, Free-Standing Refrigerator
  • Sq Ft Combined: 998
  • Total Sq Ft: 998

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Paint Creek
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Grounds Maintenance, Lighting
  • Foundation Materials: Poured
  • Porch Type: Patio
  • Road Frontage Type: Paved
  • Waterfront Description: Creek

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Attached, Basement Access, Door Opener
  • Garage: Yes

Utilities

  • Heating Fuel: Electric
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Maintenance Structure
  • Association Fee Frequency: Monthly
  • Phone: 248-650-8983
  • Association Fee: 330
  • Association Contact: Paint Creek Condominiums
  • Association Fee: Yes

Schools

  • School District: Rochester

Lot Info

  • Lot Features: Native Plants, Water View
  • Parcel Number: 1511351081

Tax Info

  • Tax Amount Summer: 967.0000
  • Tax Amount Winter: 306.0000
  • Total Tax: 1273.0000
  • Taxable Value: 24530.0000

MLS Schools

  • School District: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2022
Sold by
Devereaux Scott D
Bought by
Glennan Llc
Total Days on Market
5
Current Estimated Value
$188,689

Purchase Details

Listed on
Feb 19, 2021
Closed on
Mar 8, 2021
Sold by
Trax Kathleen L and Clyburn Luther L
Bought by
Devereaux Scott D
Seller's Agent
Jessika Hadash
Brookstone, Realtors LLC
Buyer's Agent
Caron Riha
Real Estate One-Rochester
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%

Purchase Details

Closed on
Jun 11, 1997
Sold by
Accorsi Diane
Bought by
Trax Kathleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.71%
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
Glennan Llc -- None Listed On Document
Devereaux Scott D $130,000 None Available
Trax Kathleen L $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trax Kathleen L $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2021 03/08/21 Sold $130,000 -3.7% $130 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $135,000 -- $135 / 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 $2,760 $73,660 $0 $0
2023 $2,639 $68,610 $0 $0
2022 $3,392 $66,520 $0 $0
2021 $1,244 $61,730 $0 $0
2020 $967 $57,850 $0 $0
2019 $1,256 $53,950 $0 $0
2018 $1,244 $50,760 $0 $0
2017 $1,220 $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

  • Jessika Hadash

    Seller's Agent in 2021

    Jessika Hadash

    Brookstone, Realtors LLC

    Section Image
  • Caron Riha

    Buyer's Agent in 2021

    Caron Riha

    Real Estate One

    (248) 379-6651

    51 in this area

    345 Total Sales

    Caron Riha
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210010279

Realcomp

APN: 15-11-351-081

Michigan Oakland County Rochester 48307

511 E University Dr Unit 601, Rochester, MI

This home is located at 511 E University Dr Unit 601, Rochester, MI 48307 since 19 February 2021 and is currently estimated at $188,689, approximately $189 per square foot. This property was built in 1966. 511 E University Dr Unit 601 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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