NOT LISTED FOR SALE

624 W 11 Mile Rd Royal Oak, MI 48067

Estimated Value: $298,000 - $319,000

1 Bed
2 Baths
948 Sq Ft
$150/mo HOA Fee

Last Sold April 18, 2023

Last sale price $285,000 $301 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,172/month

23 Days on Market

Highlights

  • Contemporary Architecture
  • Cathedral Ceiling
  • Great Room
  • Northwood Elementary School Rated A-
  • Wood Flooring
  • Patio

About This Home

As of April 2023

Contemporary loft condo with 1 bedroom, 2 full baths & home office/den with closet. Located at Lofts @ 11 in downtown Royal Oak! Just a short walk to shopping, restaurants & nightlife! Unique design with custom upgraded finishes, stunning open-concept living area is great for entertaining! Soaring ceilings, hardwood floors, high-end kitchen with upgraded cabinets, granite counters, tile backsplash, stainless steel appliances & tile flooring, laundry in unit. Oversized windows allow tons of natural light in for a warm, sunny ambience. Exterior includes outdoor patio, storage room and 2 assigned parking spaces. This unit is freshly painted and offers immediate occupancy! BATVAI

Last Agent to Sell the Property

Kristie Lohmann

RE/MAX First License #MISPE-6501373111 Listed on: 03/20/2023

RE/MAX First

Last Buyer's Agent

Beth Lowry

Sandy & Associates LLC License #MISPE-6501329440

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2014

Lot Details

  • 1,045

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Parking Spaces

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 948 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Great Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 25-16-465-039

Community Details

Overview

  • Association fees include ground maintenance, snow removal, trash removal
  • Joe Dfouny HOA
  • Lofts @ 11 Condo Occpn 1728 Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,236

Year Built

Built in 2014

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Condominium
  • Architecture Style: Contemporary, Loft
  • Structure Style: 2 Story
  • Total Tax Amount: 5236
  • Year Built: 2014
  • Mail City: Royal Oak
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Cathedral/Vaulted Ceiling, Ceramic Floors, Hardwood Floors, Window Treatment(s)
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 1
  • Bedroom 1: On Lower Floor, Dimensions: 15 x 9
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 9 x 5, On Level: Upper
  • Bathroom 2: Dimensions: 8 x 5, On Level: Lower
  • Room Types: Great Room, Lower Level Laundry, Second Flr Full Bathroom
  • Great Room: On Entry Level, Dimensions: 15 x 11
  • Kitchen: On Entry Level, Dimensions: 15 x 9
  • Library Den: On Upper Floor, Dimensions: 13 x 10
  • Above Grade Finished Sq Ft: 948
  • Total Finished Sq Ft: 948

Exterior Features

  • Exterior: Brick
  • Exterior Features: Patio
  • Foundation: Slab
  • Road: City/County

Garage/Parking

  • Parking: 2 Spaces
  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Snow Removal, Trash Removal
  • HOA Fees: 150
  • HOA Fee Frequency: Monthly
  • Association Contact: Joe Dfouny
  • Association Phone: 248-706-9798
  • Pets: Yes
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 25-16-465-039
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Pets Allowed: Yes
  • Pet Restriction: Call For Pet Restrictions

Tax Info

  • Summer Tax: Year: 2022, Amount: $3,869.00
  • Winter Tax: Year: 2022, Amount: $1,367.00
  • Total Tax: Amount: $5,236.00

MLS Schools

  • School District: Royal Oak Neighborhood Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2024
Sold by
Schudlich Michael R
Bought by
Tenharmsel Joel
Current Estimated Value
$306,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Outstanding Balance
$264,070
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$46,623

Purchase Details

Listed on
Mar 20, 2023
Closed on
Apr 18, 2023
Sold by
Lavin Gillian
Bought by
Schudlich Michael R
Seller's Agent
Kristie Lohmann
RE/MAX First
Buyer's Agent
Beth Lowry
Sandy & Associates LLC
List Price
$294,900
Sold Price
$285,000
Premium/Discount to List
-$9,900
-3.36%
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$228,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2020
Sold by
Dfouny Joseph A
Bought by
Lavin Gillian S
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
Tenharmsel Joel $301,000 Ata National Title
Schudlich Michael R $285,000 None Listed On Document
Schudlich Michael R $285,000 None Listed On Document
Lavin Gillian S $290,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tenharmsel Joel $267,000
Previous Owner Schudlich Michael R $228,000
Previous Owner Dfouny Joseph A $1,525,000
Previous Owner Lofts At 11 Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2023 04/18/23 Sold $285,000 -3.4% $301 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $294,900 -- $311 / 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 $4,263 $145,060 $0 $0
2022 $6,215 $130,950 $0 $0
2020 $4,085 $136,020 $0 $0
2018 $6,215 $107,780 $0 $0
2017 $4,513 $107,780 $0 $0
2015 -- $45,200 $0 $0
2014 -- $33,830 $0 $0
2011 -- $33,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kristie Lohmann

    Seller's Agent in 2023

    Kristie Lohmann

    RE/MAX

    (248) 568-3602

    6 in this area

    154 Total Sales

    Section Image

  • B

    Buyer's Agent in 2023

    Beth Lowry

    Sandy & Associates LLC

    2 in this area

    4 Total Sales

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50103715

Michigan Multiple Listing Service

APN: 25-16-465-039

Michigan Oakland County Royal Oak 48067

624 W 11 Mile Rd, Royal Oak, MI

This home is located at 624 W 11 Mile Rd, Royal Oak, MI 48067 since 20 March 2023 and is currently estimated at $310,693, approximately $327 per square foot. This property was built in 2014. 624 W 11 Mile Rd is a home located in Oakland County with nearby schools including Northwood Elementary School, Royal Oak Middle School, and Royal Oak 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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