$481,000
SOLD NOV 18, 2024

625 S Troy St Unit 5B Royal Oak, MI 48067

2 Beds
2.5 Baths
2,021 Sq Ft
$375/mo HOA Fee

Recently Sold

$238 Per Sq Ft

2% Below List Price

44 Days on Market

Highlights

  • Built-In Freezer
  • Raised Ranch Architecture
  • 1 Car Attached Garage
  • Royal Oak High School Rated 9+
  • Ground Level Unit
  • Forced Air Heating System

About This Home

As of November 2024

PHENOMENAL location and property! Enjoy the energy and excitement of downtown Royal Oak, but also have a private and quiet retreat just 2 blocks off of Main Street without the noise and traffic. Gorgeous and unique small complex that is meticulously cared for.

All brick newer brownstone spans 2021 square feet. Two very large bedrooms, each with their own full bathroom and lots of closet space. A 3rd bathroom is conveniently located off the main living area. Open floor plan with large Living Room, Dining Area and "flip a switch" gas fireplace. Home office work area also incorporated into living area nook. Unique interior balcony that is perfect for a retreat or for entertaining, and a second balcony ready for grilling and outdoor enjoyment as well.

Gourmet kitchen is fully equipped with top end cabinetry, granite countertops and stainless steel appliances. Hardwood floors throughout and new carpeting in both bedrooms. New In-unit washer and dryer. This unit has a private 1 car garage, an additional assigned parking space, and guest parking overflow in a lot just for brownstone residents.

Extra 700 sq. feet semi-finished basement for additional storage, workout room, home office, kids play area, etc. Can be finished however you imagine it.

New high efficiency furnace and AC installed in 2021 to keep energy bills low and living comfort high.

If you love the energy and excitement of Royal Oak, this rare downtown brownstone is the place to be!

Last Agent to Sell the Property

Steven Koleno

Beycome Brokerage Realty LLC License #6502432825 Listed on: 08/21/2024

Last Buyer's Agent

NULL MEMBER

NULL FIRM License #4451

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1999

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,021 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Convection Oven
  • Microwave
  • Built-In Freezer
  • Built-In Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Back Up Electric Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 2522156036

Community Details

Overview

  • Rich Buttermore Association, Phone Number (248) 417-9841
  • Spruce Manor Occpn 1189 Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,301

Year Built

Built in 1999

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Raised Ranch
  • Architecture Level: 2 Story
  • Year Built: 1999
  • State Equalized Value: 184660.0000
  • Entry Location: Ground Level
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Appliances: Built-In Freezer, Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Washer
  • Total Sq Ft: 2021

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Brick
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Electric
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: 248-417-9841
  • Association Fee: 375
  • Association Contact: Rich Buttermore
  • Association Fee: Yes

Lot Info

  • Parcel Number: 2522156036

Tax Info

  • Tax Amount Summer: 8687.0000
  • Tax Amount Winter: 1614.0000
  • Total Tax: 10301.0000
  • Taxable Value: 184660.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Nov 15, 2024
Sold by
Zemaitis Enterprises Llc
Bought by
Marchese Lauren and Marchese Adriane
Seller's Agent
Steven Koleno
Beycome Brokerage Realty LLC
Buyer's Agent
NULL MEMBER
NULL FIRM
List Price
$489,600
Sold Price
$481,000
Premium/Discount to List
-$8,600
-1.76%
Views
32
Current Estimated Value
$504,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,704
Avg. Annual Appreciation
5.25%
Original Mortgage
$384,800
Outstanding Balance
$370,605
Interest Rate
5.41%
Mortgage Type
New Conventional
Estimated Equity
$134,099

Purchase Details

Closed on
Feb 16, 2021
Sold by
Demars Gregory M and Demars Melissa
Bought by
Zemaitis Enterprises Llc

Purchase Details

Closed on
Jul 12, 2013
Sold by
Demars Gregory M
Bought by
Demars Gregory N and Demars Melissa

Purchase Details

Closed on
Sep 18, 2006
Sold by
Cartus Financial Corp
Bought by
Demars Gregory M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2006
Sold by
Roberts Britton D and Roberts Amy
Bought by
Cartus Financial Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2004
Sold by
Cendant Mobility Financial Corp
Bought by
Roberts Britton D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,800
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2004
Sold by
Englen David L
Bought by
Cendant Mobility Financial Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,800
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2002
Sold by
Mccardill Corporation
Bought by
Englen D

Purchase Details

Closed on
Jul 22, 1997
Sold by
E E Management Co Inc
Bought by
Pourcho Bruce D
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 Type Sale Price Title Company
Warranty Deed $481,000 None Listed On Document
Warranty Deed $390,000 Chirco Title Agency Inc
Interfamily Deed Transfer -- None Available
Corporate Deed $300,000 None Available
Warranty Deed $300,000 None Available
Warranty Deed $331,000 --
Warranty Deed $331,000 --
Deed -- --
Deed $95,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $384,800 New Conventional
Previous Owner $125,000 Purchase Money Mortgage
Previous Owner $264,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2024 11/18/24 Sold $481,000 -1.0% $238 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
09/25/2024 09/25/24 Price Changed $486,000 -0.7% $240 / Sq Ft
08/21/2024 08/21/24 For Sale $489,600 -- $242 / 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 $8,468 $182,290 $0 $0
2022 $10,905 $195,270 $0 $0
2020 $8,687 $190,930 $0 $0
2018 $10,905 $186,220 $0 $0
2017 $6,224 $186,220 $0 $0
2015 -- $176,000 $0 $0
2014 -- $172,990 $0 $0
2011 -- $144,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240062366

Realcomp

APN: 25-22-156-036