NOT LISTED FOR SALE

624 E 5th St Royal Oak, MI 48067

Estimated Value: $422,235 - $643,000

3 Beds
2 Baths
1,811 Sq Ft
$300/Sq Ft Est. Value

Last Sold October 23, 2013

Last sale price $275,000 $152 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,349/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Fireplace in Primary Bedroom
  • No HOA
  • Keller Elementary Rated A-
  • Deck
  • 1-minute walk to Grant Park

About This Home

As of October 2013

Multiple offers in Highest & Best By 8-9-@ 1PM, 2nd Fl Master Suite with gas furnace rated fireplace & thermostat, 2 sky lights 2 ceiling fans, master bath 13x12 with 9ft Lafata cabinet corian integrated double sink. 12X 8 W/I closet. Newly renovated 1st floor bath. Vinyl Windows, Hardwood floors. 26X20 Garage with gas, water cable and elect w 8ft door and 10ft walls insulated & newer drive. French Dr off back to deck Apt online only

Last Agent to Sell the Property

Michael Nalley

Nalley Real Estate License #6504264454 Listed on: 08/06/2013

Last Buyer's Agent

Patti Gilman

Keller Williams Premier License #6501264708

Keller Williams Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1948 | Remodeled in 1999

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 42x153
  • Fenced

Home Design

  • Colonial Architecture
  • Vinyl Construction Material

Interior Spaces

  • 1,811 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Workshop in Garage

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Knowles & Lawson Plat No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522176018
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,944

Year Built

Built in 1948 | Remodeled in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1948
  • Year Renovated: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Humidifier
  • Fireplace: Yes
  • Fireplace Locations: Primary Bedroom
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 1811

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl
  • Exterior Features: Fenced, Lighting
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Electricity, Workshop
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1666667.0000
  • Lot Size Area: 0.15
  • Lot Dimensions: 42X153
  • Parcel Number: 2522176018

Tax Info

  • Tax Amount Summer: 2584.0000
  • Tax Amount Winter: 360.0000
  • Total Tax: 2944.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2013
Closed on
Oct 23, 2013
Sold by
Sage Denis M and Sage Sharon F
Bought by
Movahedan Parviz and Fell Erika M
Seller's Agent
Michael Nalley
Nalley Real Estate
Buyer's Agent
Patti Gilman
Keller Williams Premier
List Price
$250,000
Sold Price
$275,000
Premium/Discount to List
$25,000
10%
Current Estimated Value
$543,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,059
Avg. Annual Appreciation
5.74%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Movahedan Parviz $275,000 First Title & Escrow
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2013 10/23/13 Sold $275,000 +10.0% $152 / Sq Ft
08/09/2013 08/09/13 Pending -- -- --
08/06/2013 08/06/13 For Sale $250,000 -- $138 / 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
2025 $6,144 $177,510 $0 $0
2024 $5,160 $164,970 $0 $0
2022 $5,406 $149,840 $0 $0
2020 $4,782 $130,990 $0 $0
2018 $5,406 $113,440 $0 $0
2017 $4,909 $113,440 $0 $0
2015 -- $100,190 $0 $0
2014 -- $84,400 $0 $0
2011 -- $75,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 213079448

Realcomp

APN: 25-22-176-018