NOT LISTED FOR SALE

906 E 5th St Royal Oak, MI 48067

Estimated Value: $497,000 - $552,000

4 Beds
2.5 Baths
1,452 Sq Ft
$362/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $385,000 $265 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,364/month

Highlights

  • Deck
  • Covered patio or porch
  • 2 Car Detached Garage
  • No HOA
  • Balcony
  • 2-minute walk to Grant Park

About This Home

As of September 2020

BEAUTIFUL HOME IN AMAZING LOCATION WITHIN WALKING DISTANCE OF DOWNTOWN ROYAL OAK AND QUICK ACCESS TO MAJOR HIGHWAYS & SHOPPING AREAS. THIS HOME HAS GREAT CURB APPEAL WITH MATURE LANDSCAPING, LARGE FRONT PORCH & FULLY FENCED IN BACKYARD WITH TWO CAR GARAGE AND DECK FOR OUTDOOR ENTERTAINING. INSIDE THE HOME, FIND THE LIVING ROOM WITH SEVERAL WINDOWS FOR AMPLE NATURAL LIGHTING, A WHITE BRICK FIREPLACE AND HARDWOOD FLOORS THAT LEAD THROUGH TO THE FORMAL DINING AREA AND KITCHEN FEATURING GRANITE COUNTER TOPS, MAPLE CABINETS AND BACKYARD ACCESS. TWO ADDITIONAL BEDROOMS AND A FULL BATH FINISH OFF THE ENTRY LEVEL. UPSTAIRS, FIND A MASTER SUITE WITH LARGE ENSUITE WITH DUAL SINKS, SEPARATE WALK IN SHOWER AND JETTED TUB & ATTACHED BALCONY! THE FOURTH BEDROOM COMPLETES THE UPPER LEVEL. THE BASEMENT IS FULLY FINISHED WITH PLENTY OF EXTRA LIVING & STORAGE SPACE, A HALF BATH AND LAUNDRY. DO NOT MISS OUT ON THIS EXCELLENT HOME IN A GREAT LOCATION!

Last Agent to Sell the Property

Alex Nugent

Real Estate One-Troy License #6501278515 Listed on: 08/29/2020

Real Estate One-Troy

Co-Listed By

Michael Abt

Real Estate One-Troy License #6501327715

Last Buyer's Agent

Dawne Ripinski

Century 21 Curran & Oberski License #6501299650

Century 21 Curran & Oberski

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60.00x143.00

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,452 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Finished Basement

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Covered patio or porch

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Watch Farm Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522251002
  • $1,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,079

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Year Built: 1926
  • State Equalized Value: 129160.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 2302
  • Sq Ft Lower Floor: 850
  • Total Sq Ft: 1452
  • Sq Ft Total Bsmt: 968

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 60
  • Porch Type: Balcony, Deck, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: 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

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1875000.0000
  • Lot Size Area: 0.20
  • Lot Dimensions: 60.00X143.00
  • Parcel Number: 2522251002

Tax Info

  • Tax Amount Summer: 3178.0000
  • Tax Amount Winter: 901.0000
  • Total Tax: 4079.0000
  • Taxable Value: 99190.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2020
Closed on
Sep 28, 2020
Sold by
Grossi Alexander
Bought by
Moore Trevis D and Wulf Brandon C
Seller's Agent
Alex Nugent
Real Estate One-Troy
Buyer's Agent
Dawne Ripinski
Century 21 Curran & Oberski
List Price
$375,000
Sold Price
$385,000
Premium/Discount to List
$10,000
2.67%
Current Estimated Value
$525,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,191
Avg. Annual Appreciation
6.26%
Original Mortgage
$365,750
Outstanding Balance
$330,419
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$186,836

Purchase Details

Listed on
Sep 18, 2013
Closed on
Oct 28, 2013
Sold by
Federal National Mortgage Association
Bought by
Grossi Alexander
Seller's Agent
Jason Minnick
Market Elite Inc.
Buyer's Agent
Michael Abt
Real Estate One Troy
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$252,000
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2013
Sold by
Smith Shannon L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 24, 2005
Sold by
Laperre Robert S and Laperre Amy E
Bought by
Sterling Property Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2004
Sold by
Fannie Mae
Bought by
Laperre Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
5.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 9, 2003
Sold by
Kelly Thomas S
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Dec 4, 2003
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 6, 2000
Sold by
Whately Robert B
Bought by
Kelly Thomas S
Source: Public Records

Range of Values:

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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
Moore Trevis D $385,000 Liberty Title
Federal National Mortgage Association $227,716 None Available
Sterling Property Management Inc -- Parks Title
Smith Shannon L $322,500 Parks Title
Laperre Robert S $185,000 --
Mortgage Electronic Registration Systems $183,369 --
Federal National Mortgage Association -- --
Kelly Thomas S $169,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Trevis D $365,750
Previous Owner Grossi Alexander $252,000
Previous Owner Smith Shannon L $60,000
Previous Owner Smith Shannon L $258,000
Previous Owner Smith Shannon L $64,500
Previous Owner Laperre Robert S $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $385,000 +2.7% $265 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
08/29/2020 08/29/20 For Sale $375,000 +33.9% $258 / Sq Ft
10/29/2013 10/29/13 Sold $280,000 0.0% $193 / Sq Ft
10/03/2013 10/03/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $280,000 -- $193 / 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 $5,857 $203,070 $0 $0
2022 $7,001 $185,360 $0 $0
2020 $5,692 $133,850 $0 $0
2018 $7,001 $130,050 $0 $0
2017 $3,895 $130,050 $0 $0
2015 -- $105,940 $0 $0
2014 -- $92,290 $0 $0
2011 -- $86,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200070518

Realcomp

APN: 25-22-251-002