J
Landlord's Agent in 2024
Josh Taylor
Good Company
(248) 548-5959
6 in this area
30 Total Sales
525 E 5th St Royal Oak, MI 48067
Estimated Value: $388,525
2
Beds
1
Bath
1,603
Sq Ft
$242/Sq Ft
Est. Value
Highlights
- No HOA
- 1-Story Property
- 2-minute walk to Grant Park
- 1 Car Detached Garage
- Forced Air Heating System
About This Home
As of April 2024Location, Location, Location!! Beautiful two bedroom with possible 3rd bedroom/office. Main level unit in the heart of Royal Oak. Fully remodeled in 2016. Large kitchen with marble countertops, ceramic flooring, and high-end stainless steel appliances. The main bath was updated with stunning floor tile and attractive subway tile. Hardwood floors have been refinished and look amazing! Enclosed porch has been updated with new windows and carpeting - nice added bonus space to enjoy your morning coffee. If you are looking for location and a high-end rental this is the spot for you! The owner is always a pleasure to work with. The tenant gets one spot in the garage and the driveway was widened for ample parking.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,072
Year Built
- Built in 1924
Lot Details
- 4,835
Parking
- 1 Car Detached Garage
Home Design
- Half Duplex
- Block Foundation
- Asphalt Roof
Interior Spaces
- 1,603 Sq Ft Home
- 1-Story Property
- Unfinished Basement
Kitchen
- Free-Standing Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Location
- Ground Level
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Security Deposit $2,850
- 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
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
Purchase Details
Listed on
Sep 11, 2013
Closed on
Dec 16, 2013
Sold by
Hoeberling Paul
Bought by
Taylor Carl R
Seller's Agent
Paul Hoeberling
Lakeshore Realty Company
Buyer's Agent
Josh Taylor
Good Company
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
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%
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
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 04/23/2024 04/23/24 | Rented | $1,900 | 0.0% | -- |
| 04/16/2024 04/16/24 | Under Contract | -- | -- | -- |
| 04/08/2024 04/08/24 | For Rent | $1,900 | +11.8% | -- |
| 09/01/2022 09/01/22 | Rented | $1,700 | 0.0% | -- |
| 08/29/2022 08/29/22 | Under Contract | -- | -- | -- |
| 08/12/2022 08/12/22 | For Rent | $1,700 | 0.0% | -- |
| 08/20/2020 08/20/20 | Rented | $1,700 | 0.0% | -- |
| 08/02/2020 08/02/20 | Under Contract | -- | -- | -- |
| 07/24/2020 07/24/20 | For Rent | $1,700 | +3.0% | -- |
| 01/10/2019 01/10/19 | Rented | $1,650 | 0.0% | -- |
| 12/10/2018 12/10/18 | Under Contract | -- | -- | -- |
| 11/27/2018 11/27/18 | For Rent | $1,650 | -5.7% | -- |
| 04/01/2017 04/01/17 | Rented | $1,750 | 0.0% | -- |
| 03/22/2017 03/22/17 | Under Contract | -- | -- | -- |
| 03/08/2017 03/08/17 | Price Changed | $1,750 | -2.8% | $1 / Sq Ft |
| 02/08/2017 02/08/17 | For Rent | $1,800 | 0.0% | -- |
| 12/16/2013 12/16/13 | Sold | $185,000 | -7.5% | $115 / Sq Ft |
| 11/15/2013 11/15/13 | Pending | -- | -- | -- |
| 09/11/2013 09/11/13 | For Sale | $199,900 | -- | $125 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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
-
Josh Taylor
-
Matthew Stansky
M
Seller's Agent in 2022
Matthew Stansky
Good Company
(248) 288-3500
39 in this area
176 Total Sales
-
Nancy Robinson
Buyer's Agent in 2022
Nancy Robinson
Real Broker Berkley
(248) 224-1013
200 in this area
529 Total Sales
-
R
Buyer's Agent in 2020
Ryan Stewart
Good Company
-
J
Buyer's Agent in 2017
Joseph Jacobs
Skyward Real Estate
-
Paul Hoeberling
P
Seller's Agent in 2013
Paul Hoeberling
Lakeshore Realty Company
(248) 342-4545
2 in this area
8 Total Sales
Map
Source: Realcomp
MLS Number: 20240021760
APN: 25-22-133-020
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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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