RENTED MAY 30, 2026

615 E 5th St Royal Oak, MI 48067

Estimated Value: $433,000 - $498,054

4 Beds
3 Baths
1,329 Sq Ft
$347/Sq Ft Est. Value

Sale Details

Date Sold: August 28, 2023

Last sale price $385,000 $290 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,217 / mo

Highlights

  • Fireplace
  • Forced Air Heating and Cooling System
  • Dogs and Cats Allowed
  • Keller Elementary Rated A-
  • Garage
  • 1-minute walk to Grant Park

About This Home

As of May 2026

Available now in the heart of Royal Oak's most desirable neighborhood, this beautifully updated bungalow offers the perfect blend of cozy charm and modern luxury. The main floor features a chef-inspired kitchen with rich cherry cabinetry and granite countertops, flowing into a light-filled living room anchored by a stunning stone fireplace. Retreat to the spacious primary ensuite or utilize the additional versatile bedrooms for guests or a professional home office. The true standout is the expansive finished basement a private oasis designed for relaxation and entertainment, complete with a sleek wet bar, a dedicated sauna, and a bonus room for extra storage or a gym. This is a rare opportunity to secure a high-end rental in a prime, walkable location.( Fireplace is not for use). Non-smoking property. The tenant is responsible for all utilities and seasonal maintenance, including lawn care and snow removal. Renter's insurance is required.

Last Agent to Rent the Property

Behzad Bokani

RE/MAX Dream Properties License #6502433019 Listed on: 04/30/2026

RE/MAX Dream Properties

Last Renter's Agent

Behzad Bokani

RE/MAX Dream Properties License #6502433019 Listed on: 04/30/2026

RE/MAX Dream Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 46.00 x 105.00
  • Back Yard Fenced

Parking

  • Garage

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

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

Community Details

  • Fourth Avenue Sub Subdivision

Listing and Financial Details

  • Security Deposit $4,500
  • Application Fee: 50.00
  • Assessor Parcel Number 2522133025

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

4,792 Sq Ft Lot

Parking

2

Rental Info

  • Application Fee: 50.00
  • Lease Type: SingleFamilyHouse
  • Security Deposit: 4500.00

Listing Details

  • Property Type: ResidentialLease
  • Year Built: 1925
  • Entry Location: GroundLevelwSteps
  • Pets Allowed: CatsOk, DogsOk, Yes
  • Property Sub Type: SingleFamilyResidence
  • Co List Office Mls Id: 432125
  • Above Grade Finished Sq Ft: 1329.00
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 620.00

Exterior Features

  • Waterfront: No
  • Foundation Details: Basement, Block
  • Construction Materials: VinylSiding
  • Road Frontage Type: Paved
  • Fencing: BackYard, Fenced

Garage/Parking

  • Garage: Yes

Utilities

  • Cooling: CentralAir
  • Heating: ForcedAir, NaturalGas
  • Sewer: PublicSewer
  • Water Source: Public

Fee Information

  • Additional Fee: 400.00

Schools

  • Junior High Dist: RoyalOak

Lot Info

  • Lot Dimensions: 46.00 x 105.00
  • Parcel Number: 2522133025
  • Land Lease Expiration Date: 2027-04-30

Multi Family

  • Above Grade Finished Area Units: SquareFeet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
Jul 12, 2023
Sold by
Bought by
Seller's Agent
Bernard Shamow
EXP Realty Main
Buyer's Agent
Behzad Bokani
RE/MAX Dream Properties
List Price
$425,000
Sold Price
$385,000
Premium/Discount to List
-$40,000
-9.41%
Views
365
Current Estimated Value
$461,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,514
Avg. Annual Appreciation
6.74%

Purchase Details

Listed on
Apr 12, 2016
Closed on
May 6, 2016
Sold by
Bought by
Seller's Agent
Chad Hooks
Berkshire Hathaway HomeServices Kee Realty Bham
Buyer's Agent
Jody Lockwood
Hall & Hunter-Birmingham
List Price
$329,900
Sold Price
$330,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.13%
Original Mortgage
$304,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,330
Interest Rate
5.19%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 2008
Sold by
Bought by

Purchase Details

Closed on
Jan 24, 2008
Sold by
Bought by

Purchase Details

Closed on
Jan 22, 2008
Sold by
Bought by

Purchase Details

Closed on
Sep 30, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
5.83%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 30, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$385,000 None Listed On Document
$385,000 None Listed On Document
$320,000 Devonshire Title Agency
$143,200 Metropolitan Title Company
$67,900 Warranty Title Agency Llc
-- None Available
$176,307 None Available
$170,000 Devon Title Agency
$145,000 Metropolitan Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $304,000
Previous Owner $141,330
Previous Owner $153,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2026 05/30/26 Rented $3,025 +0.8% --
05/07/2026 05/07/26 Under Contract -- -- --
05/01/2026 05/01/26 Off Market $3,000 -- --
04/30/2026 04/30/26 For Rent $3,000 0.0% --
03/27/2025 03/27/25 Rented $3,000 0.0% --
03/25/2025 03/25/25 Under Contract -- -- --
03/03/2025 03/03/25 For Rent $3,000 0.0% --
03/31/2024 03/31/24 Rented $3,000 0.0% --
03/28/2024 03/28/24 Under Contract -- -- --
12/31/2023 12/31/23 For Rent $3,000 0.0% --
08/28/2023 08/28/23 Sold $385,000 -3.8% $290 / Sq Ft View Prior Sale
08/18/2023 08/18/23 Price Changed $400,000 0.0% $301 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/04/2023 08/04/23 Price Changed $400,000 -5.9% $301 / Sq Ft
07/11/2023 07/11/23 For Sale $425,000 +28.8% $320 / Sq Ft
05/06/2016 05/06/16 Sold $330,000 0.0% $236 / Sq Ft View Prior Sale
04/12/2016 04/12/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $329,900 -- $236 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $8,751 $202,680 $0 $0
2024 $8,511 $183,230 $0 $0
2022 $7,883 $168,280 $0 $0
2020 $5,510 $154,270 $0 $0
2018 $7,883 $140,280 $0 $0
2017 $5,758 $140,280 $0 $0
2015 -- $87,440 $0 $0
2014 -- $76,230 $0 $0
2011 -- $68,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20261030289

Realcomp

APN: 25-22-133-025

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