NOT LISTED FOR SALE

625 S Troy St Unit B Royal Oak, MI 48067

Estimated Value: $473,774 - $520,000

2 Beds
2.5 Baths
2,021 Sq Ft
$250/mo HOA Fee

Last Sold February 16, 2021

Last sale price $390,000 $193 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,715/month

3 Days on Market

Highlights

  • Brownstone
  • Balcony
  • Forced Air Heating and Cooling System
  • Covered patio or porch
  • 1 Car Detached Garage
  • Humidifier

About This Home

As of February 2021

True downtown living at its finest a block away from all the restaurant and shopping. Open concept freestanding brownstone in Downtown Royal Oak. Private entry condo offers 2 bedrooms both having an attached full bath and a powder room for guest. Second floor ranch style condo that also has a full basement, 1 car garage, 1 assigned parking space and guest parking. Hardwood floors and crown molding throughout the home. Vaulted ceiling and a gas fireplace in the family room add to some of the appealing features. Private balcony off the dining area and a second balcony off the back of the unit. 12 total unit in this development 2 per building, association is managed very well with a very healthy reserve.

Last Agent to Sell the Property

Elizabeth Young

Signature Sotheby's International Realty Bham License #6501309768 Listed on: 01/29/2021

Signature Sotheby's International Realty Bham

Last Buyer's Agent

Carol Waraniak

Keller Williams Home License #RCO-6501381405

Keller Williams Home

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1999

Lot Details

  • Private Entrance
  • Fenced
  • Sprinkler System

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Brownstone
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,021 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Stacked Washer and Dryer

Kitchen

  • Free-Standing Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Unfinished Basement

  • Sump Pump
  • Natural lighting in basement

Parking

  • 1 Parking Garage Space
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Exterior Lighting
  • Rain Gutter Guard System

Location

  • Upper Level

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2522156036
  • $2,500 Seller Concession

Community Details

Overview

  • Spruce Manor Occpn 1189 Subdivision
  • On-Site Maintenance

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,617

Year Built

Built in 1999

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Brownstone
  • Architecture Level: 2 Story
  • Year Built: 1999
  • State Equalized Value: 190930.0000
  • Foundation Features: Sump Pump
  • Entry Location: Upper Level w/Steps
  • Pets Allowed: Cats OK | Dogs OK | Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Free-Standing Electric Range, Free-Standing Refrigerator, Washer/Dryer Stacked
  • Sq Ft Combined: 2021
  • Total Sq Ft: 2021
  • Sq Ft Total Bsmt: 908

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced, Grounds Maintenance, Gutter Guard System, Lighting, Private Entry
  • Foundation Materials: Poured
  • Porch Type: Balcony, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: 1 Assigned Space, Detached, Door Opener, Electricity, Side Entrance
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Maintenance Structure, Snow Removal, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 250
  • Association Fee: Yes

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s)
  • Parcel Number: 2522156036

Tax Info

  • Tax Amount Summer: 5177.0000
  • Tax Amount Winter: 1440.0000
  • Total Tax: 6617.0000
  • Taxable Value: 161520.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
Zemaitis Enterprises Llc
Bought by
Marchese Lauren and Marchese Adriane
Total Days on Market
3
Current Estimated Value
$491,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,800
Outstanding Balance
$377,782
Interest Rate
5.41%
Mortgage Type
New Conventional
Estimated Equity
$113,662

Purchase Details

Listed on
Jan 29, 2021
Closed on
Feb 16, 2021
Sold by
Demars Gregory M and Demars Melissa
Bought by
Zemaitis Enterprises Llc
Seller's Agent
Elizabeth Young
Signature Sotheby's International Realty Bham
Buyer's Agent
Carol Waraniak
Keller Williams Home
List Price
$375,000
Sold Price
$390,000
Premium/Discount to List
$15,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%

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

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Range of Values:

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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
Marchese Lauren $481,000 None Listed On Document
Zemaitis Enterprises Llc $390,000 Chirco Title Agency Inc
Demars Gregory N -- None Available
Demars Gregory M $300,000 None Available
Cartus Financial Corp $300,000 None Available
Roberts Britton D $331,000 --
Cendant Mobility Financial Corp $331,000 --
Englen D -- --
Pourcho Bruce D $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marchese Lauren $384,800
Previous Owner Demars Gregory $117,000
Previous Owner Demars Gregory M $125,000
Previous Owner Roberts Britton D $264,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2021 02/16/21 Sold $390,000 +4.0% $193 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $375,000 -- $186 / 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

  • Elizabeth Young

    Seller's Agent in 2021

    Elizabeth Young

    Signature Sotheby's International Realty Bham

    (248) 709-1129

    21 in this area

    116 Total Sales

    Elizabeth Young
    Section Image

  • C

    Buyer's Agent in 2021

    Carol Waraniak

    Keller Williams Home

    (248) 360-2900

    2 in this area

    11 Total Sales

    Carol Waraniak
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210005806

Realcomp

APN: 25-22-156-036

Michigan Oakland County Royal Oak 48067

625 S Troy St Unit B, Royal Oak, MI

This home is located at 625 S Troy St Unit B, Royal Oak, MI 48067 since 29 January 2021 and is currently estimated at $491,444, approximately $243 per square foot. This property was built in 1999. 625 S Troy St Unit B is a home located in Oakland County with nearby schools including Oakland Elementary School, Royal Oak Middle School, and Royal Oak High School.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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