NOT LISTED FOR SALE

525 E 5th St Unit 1/2 Royal Oak, MI 48067

Estimated Value: $354,099 - $414,000

1 Bed
1 Bath
700 Sq Ft
$555/Sq Ft Est. Value

Highlights

  • Ground Level Unit
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • 1-Story Property
  • 2-minute walk to Grant Park

About This Home

As of March 2021

Location, Location, Location!! Beautiful one bedroom upper unit in the heart of Royal Oak. Newer kitchen with granite countertops and espresso cabinets. Stainless steel appliances. Carpet in the bedroom and living room. Trendy flooring throughout the rest of the unit. Very clean bathroom with stand-up shower. The tenant gets one spot in the garage and the driveway has been widened for extra parking. This is a must see! Don't miss out!! Washer/Dryer in the common basement.

Last Agent to Rent the Property

Josh Taylor

Good Company License #6502375010 Listed on: 11/04/2020

Good Company

Last Renter's Agent

Andrew Hanagan

Good Company License #6501431616

Good Company

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,072

Year Built

  • Built in 1924

Parking

  • 1 Car Detached Garage

Home Design

  • Half Duplex
  • Block Foundation

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Security Deposit $1,875
  • 12 Month Lease Term
  • Assessor Parcel Number 2522133020

Community Details

Overview

  • No Home Owners Association
  • Fourth Avenue Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,072

Year Built

Built in 1924

Lot Details

0

Rental Info

  • Lease Type: Apartments, Condominium
  • Security Deposit: 1875.00

Listing Details

  • Property Type: Condominium
  • Architecture Style: 1/2 Duplex
  • Architecture Level: 1 Story
  • Year Built: 1924
  • Entry Location: Ground Level
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Free-Standing Electric Oven, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 700
  • Total Sq Ft: 700
  • Sq Ft Total Bsmt: 700

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: 1 Assigned Space, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 200.00

Schools

  • School District: Royal Oak

Lot Info

  • Parcel Number: 2522133020

Multi Family

  • Length of Lease: 12 Months

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2020
Sold by
Taylor Carl R
Bought by
Taylor Carl R and Carir Taylor Jr Living Trust
Current Estimated Value
$388,525

Purchase Details

Closed on
Dec 16, 2013
Sold by
Hoeberling Paul
Bought by
Taylor Carl R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,623
Interest Rate
4.38%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 2006
Sold by
Habitat Investments Llc
Bought by
Hoeberling Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.33%
Mortgage Type
Unknown

Purchase Details

Closed on
May 29, 2003
Sold by
Paparella Richard A and Paparella Sheryl J
Bought by
Habitat Investments Llc

Purchase Details

Closed on
Jan 11, 2002
Sold by
Dorr John P
Bought by
Paparella Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,800
Interest Rate
7.24%
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
Taylor Carl R -- None Available
Taylor Carl R $185,000 Title One Inc
Hoeberling Paul $138,750 Title One Inc
Habitat Investments Llc -- --
Paparella Richard A $173,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Carl R $179,200
Closed Taylor Carl R $181,623
Previous Owner Hoeberling Paul $148,000
Previous Owner Paparella Richard A $138,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Rented $1,225 0.0% --
02/22/2021 02/22/21 Under Contract -- -- --
01/07/2021 01/07/21 Price Changed $1,225 -2.0% $2 / Sq Ft
11/04/2020 11/04/20 For Rent $1,250 +13.6% --
02/01/2019 02/01/19 Rented $1,100 0.0% --
01/24/2019 01/24/19 Under Contract -- -- --
01/09/2019 01/09/19 Price Changed $1,100 -15.4% $2 / Sq Ft
11/27/2018 11/27/18 For Rent $1,300 -- --
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 $4,072 $134,610 $0 $0
2022 $4,299 $120,720 $0 $0
2020 $3,802 $106,200 $0 $0
2018 $4,299 $88,330 $0 $0
2017 $3,905 $88,330 $0 $0
2015 -- $76,010 $0 $0
2014 -- $67,130 $0 $0
2011 -- $82,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2021

    Josh Taylor

    Good Company

    (248) 548-5959

    6 in this area

    30 Total Sales

    Josh Taylor
    Section Image

  • A

    Tenant's Agent in 2021

    Andrew Hanagan

    Good Company

    (248) 733-5811

    2 in this area

    22 Total Sales

    Andrew Hanagan
    Section Image
  • Wendy Fischel

    Buyer's Agent in 2019

    Wendy Fischel

    Beka Management

    (248) 997-0344

    19 Total Sales

    Wendy Fischel
    Section Image
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Map

Source: Realcomp

MLS Number: 2200091424

Realcomp

APN: 25-22-133-020

Michigan Oakland County Royal Oak 48067

525 E 5th St Unit 1/2, Royal Oak, MI

This home is located at 525 E 5th St Unit 1/2, Royal Oak, MI 48067 since 04 November 2020 and is currently priced at $388,525. This property was built in 1924. 525 E 5th St Unit 1/2 is a home located in Oakland County with nearby schools including Keller Elementary, Royal Oak Middle School, and Royal Oak 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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