Sold
418 E 5th Street, 2, Royal Oak, MI 48067
Sold on 11/25/2025 for$485,000
MLS # 20251009082 (Realcomp)
3 beds3 baths2,288 sqftBuilt 19940 acres
1 / 33
Listing Description
Beautiful and completely updated contemporary condo in the heart of Downtown Royal Oak. This stylish, very clean, and well-cared-for home offers modern living with exceptional comfort and convenience. Featuring two spacious primary suites, each with its own private full bath and generous walk-in closets, this layout is ideal for both everyday living and entertaining. The stunning kitchen is a true centerpiece, showcasing stainless steel appliances, a large island that accommodates barstools, and plenty of cabinet space. It opens to a bright and airy living area, where a doorwall leads to a private outdoor sitting area—perfect for enjoying your morning coffee or hosting friends.Additional highlights include a one-car attached garage, updated finishes throughout, and an open-concept floor plan that maximizes space and natural light. The finished lower level includes a convenient half bath and adds even more functional living space.Enjoy low-maintenance living just steps from Royal Oak’s vibrant downtown, filled with top-rated restaurants, shops, and entertainment. This is a rare opportunity to own a beautifully maintained, move-in-ready condo with the perfect blend of style, space, and location. Don’t miss it!BATVAI Please make an appointment in Showing Time. Information is deemed reliable but cannot be guaranteed for its accuracy. Independent verification should be made by the purchaser prior to closing. Licensed agent to be present at all times.
Source: SparkMLS
About this home
Located in Royal Oak in Royal Oak, this property offers 3-bedroom, 3-bath, 2,288 sq ft, with original construction dating to 1994.
Final sale price: $485,000 (about $212/sq ft).
Property tax estimate: $7,497 per year ($625/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Tour
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms3
Bathrooms3
Living Area2,288 sqft
Year Built1994
Stories2
Location
CityRoyal Oak
MunicipalityRoyal Oak City
Zip Code48067
CountyOakland
School DistrictCity of Royal Oak
Construction & Systems
ConstructionVinyl Siding
BasementWalk-Out Access
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Finished
Sale & Financing
Listed7/7/2025
Sold Date11/24/2025
Original Price$564,950
Terms AcceptedCash, Conventional
HOA
HOA Fee$300 / Monthly
IncludesLawn/Yard Care, Sewer, Snow Removal, Trash
Source: SparkMLS
Tax Information
Annual Tax$6,570
State Equalized Value$201,030
Taxable Value$175,430
Parcel #2522153030
Source: Public Records
Legal Description
T1N, R11E, SEC 22 OAKLAND COUNTY CONDOMINIUM PLAN NO 942 FIFTH STREET CONDOMINIUMS UNIT 2, BLDG 1 L 15769 P 245 11-2-95 FR 027
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Erin Keating DeWald
KW Domain
Frequently Asked Questions about 418 E 5th Street, 2, Royal Oak, MI 48067
Which school district serves 418 E 5th Street, 2, Royal Oak, MI 48067?
Per MLS# 20251009082, 418 E 5th Street, 2, Royal Oak, MI 48067 is in the City of Royal Oak boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact City of Royal Oak directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20251009082, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 418 E 5th Street, 2, Royal Oak, MI 48067?
Per public tax records, annual property taxes for this property are $6,570. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 418 E 5th Street, 2, Royal Oak, MI 48067 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 418 E 5th Street, 2, Royal Oak, MI 48067 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 418 E 5th Street, 2, Royal Oak, MI 48067?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$7,497
Monthly$625
Millage rate37.2947 mills
Municipality: CITY OF ROYAL OAK
School district: FERNDALE CITY SCHOOL DIST
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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%
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Monthly payment$4,161
Principal & interest$3,237
Property taxes$625
HOA$300
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
418 E 5th Street, 2, Royal Oak, MI 48067
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Municipality
Royal Oak
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County
Oakland County
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