NOT LISTED FOR SALE

525 E University Dr Unit 1007 Rochester, MI 48307

Estimated Value: $200,000 - $214,000

2 Beds
1.5 Baths
1,091 Sq Ft
$325/mo HOA Fee

Last Sold August 25, 2020

Last sale price $157,000 $144 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,600/month

23 Days on Market

Highlights

  • Built-In Refrigerator
  • Ranch Style House
  • Forced Air Heating and Cooling System
  • North Hill Elementary School Rated A
  • Covered Patio or Porch
  • 2-minute walk to Rotary Gateway Park

About This Home

As of August 2020

Downtown living at its finest! Stunning, Fully renovated turn key downtown Rochester Condo. Unlike any other unit in this complex. Open layout, quartz countertops throughout, tile backsplash, Custom butcher block bar top with vintage lighting overhangs, New stainless steel appliances, New kitchen cabinets new windows, new in-unit stackable washer and dryer, New 6 panel doors, new trim and this list goes on! You will enjoy this amazing location all year round! Walking distance to a number of parks, trails, library, restaurants, shopping, gyms etc. Very pet friendly community. Water,trash,maintenance, snow removal all included in association. Huge private storage room in basement. You do not want to miss out on this one!

Last Agent to Sell the Property

Antonio Rodriguez-Wilkes

EXP Realty - Shelby License #6501384240 Listed on: 07/07/2020

EXP Realty - Shelby

Last Buyer's Agent

Jackie Barylski

Golden Key Realty Group LLC License #6501389594

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1966 | Remodeled in 2018

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Home Design

  • 1,091 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Construction Material

Kitchen

  • Built-In Electric Oven
  • Built-In Electric Range
  • Built-In Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 1511351132
  • $2,000 Seller Concession

Community Details

Overview

  • Ed Oland Association, Phone Number (248) 923-2673
  • Paint Creek Condo Hms Of Roch Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,578

Year Built

Built in 1966 | Remodeled in 2018

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Ranch
  • Architecture Level: 1 Story Up
  • Year Built: 1966
  • State Equalized Value: 54540.0000
  • Year Renovated: 2018
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Intercom
  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Private, Unfinished
  • Kitchen Appliances: Dishwasher, Dryer, Built-In Electric Oven, Built-In Electric Range, Built-In Refrigerator, Washer
  • Sq Ft Combined: 1091
  • Total Sq Ft: 1091
  • Sq Ft Total Bsmt: 300

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Electric, Heat Pump
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Maintenance Structure, Snow Removal, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: 248-923-2673/ed@acondomgt.com
  • Association Fee: 325
  • Association Contact: Ed Oland
  • Association Fee: Yes

Schools

  • School District: Rochester

Lot Info

  • Homestead: Yes
  • List Price per Acre: 4000000.0000
  • Parcel Number: 1511351132

Tax Info

  • Tax Amount Summer: 1419.0000
  • Tax Amount Winter: 159.0000
  • Total Tax: 1578.0000
  • Taxable Value: 46470.0000

MLS Schools

  • School District: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Aug 25, 2020
Sold by
Wilkes Gary and Rodriguez Wilkes Antonio
Bought by
Forde Patrick J
Seller's Agent
Antonio Rodriguez-Wilkes
EXP Realty - Shelby
Buyer's Agent
Jackie Barylski
Golden Key Realty Group LLC
List Price
$160,000
Sold Price
$157,000
Premium/Discount to List
-$3,000
-1.88%
Current Estimated Value
$208,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,773
Avg. Annual Appreciation
5.16%
Original Mortgage
$125,600
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2016
Closed on
May 27, 2016
Sold by
Wilkes Gary
Bought by
Wilkes Gary and Rodriguez Wilkes Antonio
Seller's Agent
Laith Marroki
Keller Williams Troy
Buyer's Agent
Antonio Rodriguez-Wilkes
EXP Realty - Shelby
List Price
$99,900
Sold Price
$96,000
Premium/Discount to List
-$3,900
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%
Original Mortgage
$91,200
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2010
Sold by
Chase Home Finance Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 2, 2010
Sold by
Rudin James A and Rudin Gabriela L
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
May 26, 2004
Sold by
Karromi Rita
Bought by
Rudin James A and Rudin Gabriela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 21, 2002
Sold by
Graham Harvey L
Bought by
Karromi Rita

Purchase Details

Closed on
Jul 30, 1997
Sold by
Mcguigan Ann
Bought by
Graham Harvey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
7.71%
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
Forde Patrick J $157,000 Bell Ttl Agcy Of Macomb Shel
Wilkes Gary -- None Available
Wilkes Gary $96,000 Sterling Title Agency
Federal National Mortgage Association -- None Available
Chase Home Finance Llc $84,885 None Available
Rudin James A $110,000 Metropolitan Title Company
Karromi Rita $107,000 --
Graham Harvey L $76,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilkes Gary $91,200
Previous Owner Rudin James A $88,000
Previous Owner Graham Harvey L $61,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2020 08/25/20 Sold $157,000 -1.9% $144 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $160,000 +66.7% $147 / Sq Ft
05/31/2016 05/31/16 Sold $96,000 -3.9% $88 / Sq Ft
04/26/2016 04/26/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $99,900 -- $92 / 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 $2,072 $74,270 $0 $0
2023 $1,984 $69,190 $0 $0
2022 $2,111 $67,100 $0 $0
2021 $1,983 $62,290 $0 $0
2020 $1,435 $58,490 $0 $0
2019 $1,578 $54,540 $0 $0
2018 $1,989 $47,210 $0 $0
2017 $2,354 $44,460 $0 $0
2016 $726 $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

  • Antonio Rodriguez-Wilkes

    Seller's Agent in 2020

    Antonio Rodriguez-Wilkes

    EXP Realty - Shelby

    (248) 659-7034

    3 in this area

    70 Total Sales

    Antonio Rodriguez-Wilkes
    Section Image
  • Jackie Barylski

    Buyer's Agent in 2020

    Jackie Barylski

    Golden Key Realty Group LLC

    (810) 391-3107

    173 Total Sales

    Jackie Barylski
    Section Image

  • L

    Seller's Agent in 2016

    Laith Marroki

    Keller Williams Troy

    Section Image
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Map

Source: Realcomp

MLS Number: 2200051297

Realcomp

APN: 15-11-351-132

Michigan Oakland County Rochester 48307

525 E University Dr Unit 1007, Rochester, MI

This home is located at 525 E University Dr Unit 1007, Rochester, MI 48307 since 07 July 2020 and is currently estimated at $208,773, approximately $191 per square foot. This property was built in 1966. 525 E University Dr Unit 1007 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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