NOT LISTED FOR SALE

511 E University Dr Unit 603 Rochester, MI 48307

Estimated Value: $192,000 - $197,286

2 Beds
1.5 Baths
998 Sq Ft
$350/mo HOA Fee

Last Sold January 17, 2025

Last sale price $193,000 $193 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,615/month

3 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • North Hill Elementary School Rated A
  • Patio
  • 3-minute walk to Rotary Gateway Park

About This Home

As of January 2025

Welcome to this beautifully updated downtown Rochester condo! This charming move-in ready home features all the essential big-ticket updates, including brand-new windows, LVP flooring, roof, and siding—ensuring a low-maintenance, energy-efficient lifestyle. With a spacious, private 1-car attached garage and a generous 12x12 storage unit, you'll have ample room for both parking and extra storage.

The kitchen connects to the dining, which is open to the living room, featuring a new state-of-the-art Samsung refrigerator and all other appliances included, alongside a new washer-dryer combo for in-unit convenience. This pet-friendly community offers additional guest parking and is situated within walking distance of the Paint Creek Trails, local parks, and all the shops, restaurants, and services that make Downtown Rochester special. Enjoy strolling through over 350 unique businesses, with 85% owned by independent merchants.

Move in just in time to experience the magic of Rochester’s annual Big, Bright Light Show! Don’t miss this opportunity to live in a vibrant downtown setting while enjoying the comfort of a well maintained condo.

Last Agent to Sell the Property

Jessica Juel

Arterra Luxe Collection LLC License #6501418220 Listed on: 10/26/2024

Last Buyer's Agent

Jessica Juel

Arterra Luxe Collection LLC License #6501418220 Listed on: 10/26/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1966

Lot Details

  • 1,742

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • 998 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Kitchen

  • Free-Standing Electric Oven
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

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

Additional Features

  • Washer and Dryer
  • Patio
  • Property fronts a private road
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 1511351078
  • $3,860 Seller Concession

Community Details

Overview

  • Rochesterpmg.Com Association, Phone Number (248) 650-8983
  • Paint Creek Condo Hms Of Roch Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,341

Year Built

Built in 1966

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Ranch
  • 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

  • Interior Amenities: High Spd Internet Avail
  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Interior Entry (Interior Access), Common
  • Kitchen Appliances: Dishwasher, ENERGY STAR® qualified refrigerator, Free-Standing Electric Oven, Microwave, Washer Dryer-All In One
  • Sq Ft Combined: 998
  • Total Sq Ft: 998
  • Sq Ft Total Bsmt: 998

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Poured
  • Porch Type: Patio, Patio - Covered
  • Road Frontage Type: Paved, Private
  • Sideof Street: W

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 Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Grounds, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: 248-650-8983 / Ed@rochesterpmg.com
  • Association Fee: 350
  • Association Contact: Rochesterpmg.com
  • Association Fee: Yes

Schools

  • School District: Rochester

Lot Info

  • Homestead: Yes
  • Parcel Number: 1511351078

Tax Info

  • Tax Amount Summer: 2105.0000
  • Tax Amount Winter: 236.0000
  • Total Tax: 2341.0000
  • Taxable Value: 72040.0000

MLS Schools

  • School District: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2024
Closed on
Jan 17, 2025
Sold by
Huhman Todd
Bought by
Kannan Arun Govind Rames
Seller's Agent
Jessica Juel
Arterra Luxe Collection LLC
Buyer's Agent
Jessica Juel
Arterra Luxe Collection LLC
List Price
$189,900
Sold Price
$193,000
Premium/Discount to List
$3,100
1.63%
Total Days on Market
3
Views
21
Current Estimated Value
$194,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,822
Avg. Annual Appreciation
2.64%
Original Mortgage
$144,750
Outstanding Balance
$144,493
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$50,329

Purchase Details

Closed on
Aug 30, 2021
Sold by
May Robin K
Bought by
Huhman Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,680
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2018
Sold by
Reizen Nicholas
Bought by
May Robin K

Purchase Details

Listed on
Jun 8, 2016
Closed on
Jul 7, 2016
Sold by
Berney Sandra J
Bought by
Reizen Nicholas
Seller's Agent
Pamala Bava
Berkshire Hathaway HomeServices Kee Realty
Buyer's Agent
Ted Reithel
RE/MAX First
List Price
$99,800
Sold Price
$99,000
Premium/Discount to List
-$800
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$76,350
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2014
Closed on
Jun 4, 2014
Sold by
Erickson Jessica J and Spiers Jessica J
Bought by
Berney Sandra J
Seller's Agent
Dale Peppel
Century 21 Professionals
Buyer's Agent
Pamala Bava
Berkshire Hathaway HomeServices Kee Realty
List Price
$89,900
Sold Price
$88,500
Premium/Discount to List
-$1,400
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%

Purchase Details

Closed on
Dec 9, 2009
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 8, 2009
Sold by
Catanese Santa M
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Mar 6, 2000
Sold by
Rogers Ronald D
Bought by
Catanese Santa M
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
Kannan Arun Govind Rames $193,000 Sterling Title Agency
Huhman Todd $144,000 Liberty Title
Huhman Todd $144,000 Liberty Title
May Robin K $122,000 Cislo Title Co
Reizen Nicholas $99,000 First American Title Ins Co
Berney Sandra J $88,500 Fidelity Natl Title Co Llc
Federal National Mortgage Association -- None Available
Mortgage Electronic Registration Systems $116,041 None Available
Catanese Santa M $112,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kannan Arun Govind Rames $144,750
Previous Owner Huhman Todd $139,680
Previous Owner Reizen Nicholas $76,350
Previous Owner Erickson Jessica J $37,800
Previous Owner Catanese Santa M $98,350
Previous Owner Catanese Santa Maria $93,000
Closed Catanese Santa M --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Sold $193,000 +1.6% $193 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
10/26/2024 10/26/24 For Sale $189,900 +91.8% $190 / Sq Ft
07/11/2016 07/11/16 Sold $99,000 -0.8% $99 / Sq Ft
06/12/2016 06/12/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $99,800 +12.8% $100 / Sq Ft
06/05/2014 06/05/14 Sold $88,500 -1.6% $89 / Sq Ft
04/25/2014 04/25/14 Pending -- -- --
04/22/2014 04/22/14 For Sale $89,900 -- $90 / 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 $2,105 $73,660 $0 $0
2023 $2,016 $68,610 $0 $0
2022 $2,183 $66,520 $0 $0
2021 $2,281 $61,730 $0 $0
2020 $2,166 $57,850 $0 $0
2019 $3,013 $53,950 $0 $0
2018 $2,581 $50,760 $0 $0
2017 $2,530 $47,780 $0 $0
2016 $1,804 $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

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Map

Source: Realcomp

MLS Number: 20240081122

Realcomp

APN: 15-11-351-078