NOT LISTED FOR SALE

525 E University Dr #1008 Rochester, MI 48307

Estimated Value: $189,000 - $211,000

2 Beds
1 Bath
1,091 Sq Ft
$221/mo HOA Fee

Last Sold July 01, 2015

Last sale price $85,000 $78 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,439/month

8 Days on Market

Highlights

  • Ranch Style House
  • Walk-In Closet
  • Forced Air Heating and Cooling System
  • North Hill Elementary School Rated A
  • Ceramic Tile Flooring
  • 2-minute walk to Rotary Gateway Park

About This Home

As of July 2015

EXCEPTIONAL VALUE in PAINT CREEK! MOST DESIRABLE LOCATION walking distance to Downtown Rochester Shops, Restaurants, Royal Park Hotel, Paint Creek Trail, Library, Municipal Park, Farmers Market & More! Upper ranch condo offers large Living Room - Eat-In Kitchen with painted white cabinets and tile floor plus Formal Dining Room - Master Bedroom with bath and LARGE Walk-In Closet w/Custom Organizers Freshly Painted Interior - New Electrical Box - HOA includes water, trash & snow, Large private storage area and Laundry in common basement! Pets Allowed! $2,600 Window Allowance at closing & HOME WARRANTY! Great Investment/Income property! BATVAD

Last Agent to Sell the Property

Lauren Sitko

Real Estate One-Roch License #MISPE-6501168736 Listed on: 05/18/2015

Real Estate One-Roch

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1966

Lot Details

  • 1,742

HOA Fees

  • $221 Monthly HOA Fees

Parking

  • 2 Car Parking Spaces

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,091 Sq Ft Home
  • Ceramic Tile Flooring
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Basement Storage

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 1511351133

Property Details

Home Type

Condominium

Est. Annual Taxes

$728

Year Built

Built in 1966

Lot Details

0

HOA Fees

$221 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Condominium
  • Architecture Style: Ranch
  • Structure Style: Condo/Ranch 2nd Flr Or Above
  • Total Tax Amount: 728
  • Total Tax Year: 2014
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Ceramic Floors, Walk-In Closet
  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement: Block, Common
  • Bedrooms: 2
  • Bedroom 1: On Upper Floor, Dimensions: 14 x 11
  • Bedroom 2: On Upper Floor, Dimensions: 13 x 11
  • Bathrooms Description: MstrBdrm Full Bathroom, Second Flr Lavatory
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room Types: Lower Level Laundry
  • Dining Room: On Upper Floor, Dimensions: 12 x 9
  • Kitchen: On Upper Floor, Dimensions: 14 x 9
  • Kitchen Features: Eat-In Kitchen, Formal Dining Room
  • Living Room: On Upper Floor, Dimensions: 19 x 12
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1091
  • Total Finished Sq Ft: 1091

Exterior Features

  • Exterior: Aluminum, Brick
  • Foundation: Basement
  • Road: City/County, Curbed, Paved Street

Garage/Parking

  • Parking: 2 Spaces

Utilities

  • Heating: Forced Air
  • Heating Fuel: Electric
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Electric
  • Cooling: Central A/C

Condo/Co-op/Association

  • HOA Fees: 221
  • HOA Fee Frequency: Monthly
  • HOA Fee Includes: Exterior Maintenance, Grounds Maintenance, Trash Removal, Water
  • Community Features: Grounds Maintenance, Street Lights, Pets-Allowed, Some Pet Restrictions
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 1511351133
  • Zoning: Residential
  • Lot Dimensions: 00X00
  • Map Side Numeric: 14
  • Map Top Alpha: AE
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2014, Amount: $645.00
  • Winter Tax: Year: 2014, Amount: $84.00
  • Total Tax: Year: 2014, Amount: $728.00

MLS Schools

  • School District: Rochester Community School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2015
Closed on
Jul 1, 2015
Sold by
Gamble Robert D and Neill Kristin O
Bought by
Bostick Scott
Seller's Agent
Lauren Sitko
Real Estate One-Roch
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$86,900
Sold Price
$85,000
Premium/Discount to List
-$1,900
-2.19%
Current Estimated Value
$201,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,598
Avg. Annual Appreciation
8.49%
Original Mortgage
$80,750
Outstanding Balance
$64,356
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$131,428

Purchase Details

Closed on
Feb 27, 2014
Sold by
Gamble Robert D and Gamble Margaret
Bought by
Gable Robert D

Purchase Details

Closed on
Feb 12, 2009
Sold by
Horiba Masatake and Horiba Mieko
Bought by
Gamble Robert D and Gamble Margaret
Source: Public Records

Range of Values:

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Average Value
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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
Bostick Scott $85,000 None Available
Gable Robert D $50,000 None Available
Gamble Robert D -- Capital Title Ins Agency
Gamble Robert D $57,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bostick Scott $80,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2015 07/01/15 Sold $85,000 -2.2% $78 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
05/18/2015 05/18/15 For Sale $86,900 -- $80 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,835 $74,270 $0 $0
2023 $1,755 $69,190 $0 $0
2022 $2,216 $67,100 $0 $0
2021 $1,340 $62,290 $0 $0
2020 $1,258 $58,490 $0 $0
2019 $1,383 $54,540 $0 $0
2018 $1,381 $47,210 $0 $0
2017 $1,355 $44,460 $0 $0
2016 $1,512 $38,630 $0 $0
2015 -- $32,120 $0 $0
2014 -- $24,930 $0 $0
2011 -- $29,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Lauren Sitko

    Real Estate One-Roch

    Section Image

  • .

    Buyer's Agent in 2015

    . Non Mls Member

    NON MLS Member

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31243672

Michigan Multiple Listing Service

APN: 15-11-351-133

Michigan Oakland County Rochester 48307

525 E University Dr #1008, Rochester, MI

This home is located at 525 E University Dr #1008, Rochester, MI 48307 since 18 May 2015 and is currently estimated at $201,598, approximately $184 per square foot. This property was built in 1966. 525 E University Dr #1008 is a home located in Oakland County with nearby schools including North Hill Elementary School, Hart Middle School, and Stoney Creek High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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