NOT LISTED FOR SALE

927 E 5th St Royal Oak, MI 48067

Estimated Value: $432,000 - $505,000

3 Beds
1.5 Baths
1,362 Sq Ft
$341/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $435,000 $319 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,025/month

3 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Enclosed Patio or Porch
  • Keller Elementary Rated A-
  • 3 Car Detached Garage
  • 3-minute walk to Grant Park

About This Home

As of January 2023

Peaceful, elegant light-filled colonial in charming Royal Oak steps within downtown. This home will welcome you with its charming design and cozy feeling. Upstairs bedroom is a spacious retreat with oversized layout and large closet. Fabulous open floor plan makes this home live large. Privacy fenced backyard is an oasis from the hectic world. Cozy backyard excellent for entertaining. Recently updated, this home boasts beautiful oak floors, an oversized bathroom with soaking tub, new kitchen with stainless appliances, partially finished basement, and so much more. Two car detached garage with additional possible third car parking space and long driveway for extra parking are just a few of the unique features that set this home apart from anything else in the area. This home is truly special. New high efficiency HVAC, plumbing system (pex and PVC), electric system, all new interior walls were insulated, new bath with freestanding tub, new subfloor and flooring throughout entire home, LED lighting, Kitchen Aid appliances, windows, etc...

Last Agent to Sell the Property

Brandon Curry

Signature Sotheby's International Realty Bham License #6501388008 Listed on: 12/01/2022

Signature Sotheby's International Realty Bham

Last Buyer's Agent

Danielle Miner

EXP Realty Main License #6501444524

EXP Realty Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1925 | Remodeled in 2022

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 56x105

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,362 Sq Ft Home
  • 2-Story Property

Kitchen

  • Built-In Gas Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Up Access
  • Sump Pump

Parking

  • 3 Car Detached Garage
  • Workshop in Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Enclosed Patio or Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Fourth Avenue Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522208019

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,753

Year Built

Built in 1925 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1925
  • State Equalized Value: 139280.0000
  • Year Renovated: 2022
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walk-Up Access
  • Kitchen Appliances: Built-In Gas Oven, Dishwasher, Dryer, Free-Standing Refrigerator, Gas Cooktop, Washer
  • Total Sq Ft: 1362

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Porch Type: Porch - Enclosed, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: 2+ Assigned Spaces, Electricity, Door Opener, Workshop, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.13
  • Lot Dimensions: 56x105
  • Parcel Number: 2522208019

Tax Info

  • Tax Amount Summer: 4115.0000
  • Tax Amount Winter: 638.0000
  • Total Tax: 4753.0000
  • Taxable Value: 139280.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Jan 12, 2023
Sold by
Souza Katie Jane and Mlynarek Alex Steven
Bought by
Gibbons Ashley and Kolis Vincent
Seller's Agent
Brandon Curry
Signature Sotheby's International Realty Bham
Buyer's Agent
Danielle Miner
EXP Realty Main
List Price
$449,900
Sold Price
$435,000
Premium/Discount to List
-$14,900
-3.31%
Views
40
Current Estimated Value
$464,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,594
Avg. Annual Appreciation
2.25%
Original Mortgage
$413,250
Outstanding Balance
$395,364
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$69,230

Purchase Details

Listed on
Jan 24, 2021
Closed on
Feb 24, 2021
Sold by
Young Robert T
Bought by
Souza Katie Jane
Seller's Agent
Gregory Young
Global RE, LLC
Buyer's Agent
Brandon Curry
Signature Sotheby's International Realty Bham
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.79%
Original Mortgage
$274,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2017
Sold by
Young Robert T
Bought by
Young Robert T and Young Robert T

Purchase Details

Closed on
Sep 16, 2011
Sold by
Young Trisha M
Bought by
Young Robert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2003
Sold by
Young Robert T and Young Trisha
Bought by
Young Robert T

Purchase Details

Closed on
Nov 30, 1995
Sold by
Reimold Lee
Bought by
Young Robert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
7.45%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gibbons Ashley $435,000 Interstate Title
Gibbons Ashley $435,000 Interstate Title
Souza Katie Jane $305,000 None Available
Souza Katie Jane -- Interstate Title Inc
Young Robert T -- None Available
Young Robert T -- None Available
Young Robert T -- Title One Inc
Young Robert T $104,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbons Ashley $413,250
Previous Owner Souza Katie Jane $274,500
Previous Owner Young Robert T $158,000
Previous Owner Young Robert T $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2023 01/12/23 Sold $435,000 -3.3% $319 / Sq Ft
12/04/2022 12/04/22 Pending -- -- --
12/01/2022 12/01/22 For Sale $449,900 +47.5% $330 / Sq Ft
02/24/2021 02/24/21 Sold $305,000 -6.2% $224 / Sq Ft View Prior Sale
01/27/2021 01/27/21 Pending -- -- --
01/24/2021 01/24/21 For Sale $325,000 -- $239 / 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
2025 $7,082 $203,490 $0 $0
2024 $5,391 $183,430 $0 $0
2022 $5,332 $139,280 $0 $0
2020 $4,329 $119,190 $0 $0
2018 $5,332 $112,290 $0 $0
2017 $3,069 $112,290 $0 $0
2015 -- $95,950 $0 $0
2014 -- $84,070 $0 $0
2011 -- $78,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221065086

Realcomp

APN: 25-22-208-019