NOT LISTED FOR SALE

626 E 4th St Royal Oak, MI 48067

Estimated Value: $744,470

2 Beds
-- Bath
1,389 Sq Ft
$536/Sq Ft Est. Value

About This Home

Newly built Modern 2 Story Furnished Apartments in Downtown Royal Oak.
Very quiet building and neighborhood that is walking distance to all the actions.

Live Well is a quiet, small community of long-term residents and shorter-term guests. Our team is committed to helping you find the perfect lease for your needs. Our establishment consists of only 4 apartments, each 2 level modernly styled lofts adjacent to Grant Park yet only 4 short blocks walking distance from Main Street to all the cities best shopping and dining.

APARTMENT AMENITIES
•Modern Design & Furnishings
•Open-Concept Floor Plans for Easy Entertaining
•Spacious 2 Story Apartments equipped with Oversized Windows for lots of Natural Light
•Tall 9’ Ceilings
•Walk Out Balcony off Living Area to Sitting Area
•Recessed LED Lighting
•Large Fully Stocked Kitchen with Pantry / Garbage Disposal
•New Black Stainless-Steel Appliances / Farmhouse-Style Sink
•Beautiful Quartz Countertops accented by Subway Tile Backsplash
•Workstations in each Apartment & Free Hi-Speed Internet
•50" Smart TV w/ Soundbar in Living Room, 42” TV’s in each bedroom
•Spacious Walk-in closets / Linen Closets / In-unit Storage Areas for Bikes & Seasonal Items
•Full size Front Loader Washer and Dryer
•All Ceramic Tiled Baths with Glass Enclosed Shower, Rain Heads and Pebble Floors
•Spaciously designed for maximum storage and living space
•Luxury Vinyl Tile Flooring
•Smart Thermostat
•Central Air / Heating
•High - Speed Internet, Water & Trash Included
•Pet – Friendly
COMMUNITY AMENITIES
•NEW Construction / Grand Opening July 2020
•Modern Designs, 2 Level Apartments
•Key Fob Controlled Building Entry
•Outdoor Lighting
•Outdoor Charging Station for Electric Vehicles
•Digital Audio Intercom
•FREE Designated Parking Spot in Securely Monitored On-Site Parking Area
•Plenty of Public Parking Available Onsite and Free Across the street for Guests
•WALKS SCORE 84: 2 Blocks Walking Distance to Downtown Royal Oak for all the best dining, shopping & entertainment.
•Adjacent to Grant Park (KOMPAN equipment), City Bikes, minutes from the Zoo, Museums and City Transits
•On-site Management
•Secure Package Deliveries
•Award-winning Royal Oak Community School District
•Voted Top 100 Safest Cities to Live

Call for availability and leasing terms.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2019
Sold by
Live Well Apartments Llc
Bought by
626 Fourth Street Llc
Current Estimated Value
$744,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,500
Outstanding Balance
$779,911
Interest Rate
4.5%
Mortgage Type
Construction
Estimated Equity
-$35,441

Purchase Details

Closed on
Jan 27, 2019
Sold by
Merlini Richard C
Bought by
Live Well Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,500
Outstanding Balance
$779,911
Interest Rate
4.5%
Mortgage Type
Construction
Estimated Equity
-$35,441

Purchase Details

Closed on
Jun 28, 2016
Sold by
Reed Donald A and Reed Linda
Bought by
Live Well Custom Homes Llc

Purchase Details

Closed on
Apr 14, 2008
Sold by
Reed Linda
Bought by
Reed Donald A

Purchase Details

Closed on
Jun 29, 2006
Sold by
Hubert John B
Bought by
Reed Linda

Purchase Details

Closed on
Dec 7, 2001
Sold by
Forrest B Hubert Tr
Bought by
Hubert John B

Purchase Details

Closed on
Mar 4, 1991
Sold by
Hubert Forrest B
Bought by
Forrest B Hubert Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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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

Date Buyer Sale Price Title Company
626 Fourth Street Llc -- None Available
Merlini Richard C $550,000 None Available
Live Well Apartments Llc -- None Available
Live Well Custom Homes Llc $375,000 Greco Title Agency Llc
Reed Donald A -- None Available
Reed Linda $305,000 None Available
Hubert John B -- --
Forrest B Hubert Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 626 Fourth Street Llc $892,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2026 03/04/26 Off Market $2,400 -- --
08/31/2025 08/31/25 For Rent $2,400 0.0% --
06/05/2025 06/05/25 Off Market $2,400 -- --
01/09/2025 01/09/25 Price Changed $2,400 0.0% $2 / Sq Ft
01/09/2025 01/09/25 For Rent $2,400 -4.0% --
11/21/2022 11/21/22 Price Changed $2,500 +4.2% $2 / Sq Ft
09/21/2022 09/21/22 Price Changed $2,400 -5.9% $2 / Sq Ft
07/11/2022 07/11/22 For Rent $2,550 -- --

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 $28,969 $531,670 $0 $0
2024 $24,223 $514,740 $0 $0
2022 $26,547 $476,270 $0 $0
2020 $23,255 $288,000 $0 $0
2018 $26,547 $136,710 $0 $0
2017 $7,735 $136,710 $0 $0
2015 -- $132,130 $0 $0
2014 -- $131,170 $0 $0
2011 -- $139,040 $0 $0
Source: Public Records

Map

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