NOT LISTED FOR SALE

525 E University Dr Unit 1004 Rochester, MI 48307

Estimated Value: $189,000 - $202,065

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

Last Sold May 31, 2024

Last sale price $197,000 $197 Per Sq Ft

Current estimated payment $1,545/month

33 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Forced Air Heating System
  • North Hill Elementary School Rated A
  • Lobby
  • 2-minute walk to Rotary Gateway Park

About This Home

As of May 2024

Welcome home to Downtown Rochester! This updated pad is right in the heart of the hustle & bustle of lively Downtown Rochester. Located directly across from the Royal Park Hotel & a quick walk to access the Paint Creek Trail or the Clinton River Trail. Totally updated & expanded kitchen with LaFata cabinets & ceramic tile flooring. Newer Hardwood floors throughout the great room & bedrooms. Added stackable washer & dryer so you never have to use the common laundry! Newer windows & Hunter Douglas blinds. Newer furnace. Expansive outdoor space with large deck, private entry into the condo, & gardening space. Ample private storage space in basement. Do NOT miss the opportunity to own a piece of town with this beautiful ranch condo! Development is only eligible for Conventional Financing with 20% down or Cash purchase. Note: this condo can be rented!

Last Agent to Sell the Property

Debbie Corey

Berkshire Hathaway HomeServices Kee Realty License #6502382023 Listed on: 04/07/2024

Berkshire Hathaway HomeServices Kee Realty

Co-Listed By

Megan Corey

Berkshire Hathaway HomeServices Kee Realty License #6501379957

Last Buyer's Agent

Sinan Alnaib

Clients First, REALTORS® License #6501367497

Clients First, REALTORS®

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1966 | Remodeled in 2018

Lot Details

  • 1,742

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Home Design

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

Interior Spaces

  • 998 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Back Up Electric Heat Pump System
  • Shared Water Meter
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Private Entrance
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 1511351129

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Lobby

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed
  • The building has rules on how big a pet can be within a unit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,945

Year Built

Built in 1966 | Remodeled in 2018

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building, Ranch
  • Architecture Level: 1 Story Ground
  • Year Built: 1966
  • State Equalized Value: 67720.0000
  • Year Renovated: 2018
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Call, Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Smoke Alarm, Cable Available, High Spd Internet Avail, Furnished - No
  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Oven, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 998
  • Total Sq Ft: 998

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exclusions: Yes
  • Exterior Features: Grounds Maintenance, Lighting, Private Entry
  • Foundation Materials: Poured
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: 1 Assigned Space

Utilities

  • Heating Fuel: Electric
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Common, Electric
  • 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
  • Association Fee: 350
  • Association Contact: Rochesterpmg.com
  • Association Fee: Yes

Schools

  • School District: Rochester

Lot Info

  • Homestead: Yes
  • Parcel Number: 1511351129

Tax Info

  • Tax Amount Summer: 1750.0000
  • Tax Amount Winter: 195.0000
  • Total Tax: 1945.0000
  • Taxable Value: 59580.0000

MLS Schools

  • School District: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2024
Closed on
May 31, 2024
Sold by
Seifert Roxanne and Seifert Paul
Bought by
Khantouche Adam Jabriel
Seller's Agent
Debbie Corey
Berkshire Hathaway HomeServices Kee Realty
Buyer's Agent
Sinan Alnaib
Clients First, REALTORS®
List Price
$199,900
Sold Price
$197,000
Premium/Discount to List
-$2,900
-1.45%
Views
122
Current Estimated Value
$197,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516
Avg. Annual Appreciation
0.20%

Purchase Details

Closed on
May 29, 2018
Sold by
Tress Christina and Tress Gimmy
Bought by
Seifert Paul and Seifert Roxanne

Purchase Details

Closed on
Jun 29, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Tress Christina and Tress Gimmy

Purchase Details

Closed on
Nov 22, 2010
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
May 18, 2010
Sold by
Neely Anthony
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 23, 2007
Sold by
Dunning Lorri and Dunning Janet L
Bought by
Neely Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,638
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2003
Sold by
Skelly Susanna M and Skelly Tgiros Susanna M
Bought by
Dunning Lorri

Purchase Details

Closed on
Nov 30, 2000
Sold by
Keel Marcella S
Bought by
Skelly Susann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Interest Rate
7.8%

Purchase Details

Closed on
May 16, 1997
Sold by
Schreiber Helen R
Bought by
Keel Marcella S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8%
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
Khantouche Adam Jabriel $197,000 Premier Title
Khantouche Adam Jabriel $197,000 Premier Title
Seifert Paul $135,000 Coretitle Llc
Tress Christina $40,000 None Available
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $128,886 None Available
Neely Anthony $120,500 Philip R Seaver Title Co Inc
Dunning Lorri $112,000 Philip R Seaver Title Co Inc
Skelly Susann M $95,000 --
Keel Marcella S $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neely Anthony $118,638
Previous Owner Skelly Susann M $90,250
Previous Owner Keel Marcella S $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $197,000 -1.5% $197 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $199,900 0.0% $200 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
04/07/2024 04/07/24 For Sale $199,900 -- $200 / 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 $1,828 $72,720 $0 $0
2023 $1,750 $67,720 $0 $0
2022 $1,862 $65,640 $0 $0
2021 $1,749 $60,870 $0 $0
2020 $1,643 $57,020 $0 $0
2019 $1,806 $53,180 $0 $0
2018 $803 $49,840 $0 $0
2017 $788 $46,920 $0 $0
2016 $763 $40,800 $0 $0
2015 -- $33,880 $0 $0
2014 -- $26,240 $0 $0
2011 -- $30,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Debbie Corey

    Seller's Agent in 2024

    Debbie Corey

    Berkshire Hathaway HomeServices Kee Realty

    (248) 601-1000

    19 in this area

    129 Total Sales

    Debbie Corey
    Section Image

  • M

    Seller Co-Listing Agent in 2024

    Megan Corey

    Berkshire Hathaway HomeServices Kee Realty

    (248) 930-0908

    16 in this area

    97 Total Sales

    Megan Corey
    Section Image
  • Sinan Alnaib

    Buyer's Agent in 2024

    Sinan Alnaib

    Clients First, REALTORS®

    (313) 414-6162

    1 in this area

    2 Total Sales

    Sinan Alnaib
    Section Image
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Map

Source: Realcomp

MLS Number: 20240021625

Realcomp

APN: 15-11-351-129

Michigan Oakland County Rochester 48307

525 E University Dr Unit 1004, Rochester, MI

This home is located at 525 E University Dr Unit 1004, Rochester, MI 48307 since 07 April 2024 and is currently estimated at $197,516, approximately $197 per square foot. This property was built in 1966. 525 E University Dr Unit 1004 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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