Sold
500 ROMEO Road, 116, Rochester, MI 48307
Sold on 08/29/2025 for$148,000
MLS # 20250028201 (Realcomp)
1 bed1 bath618 sqftBuilt 1964
1 / 27
Listing Description
Welcome to this beautifully updated condo located across the street from the Howlett Park in walking distance to Downtown Rochester! This condo is ready for you to move in and enjoy it. The spacious living room has brand new engineered wood flooring, it is bright and opens to the completely updated kitchen that is showcasing new white cabinetry, granite counters, all stainless steel appliances and an inviting bar area. The large bedroom has a walk-in closet and the bathroom is very nicely updated. There is a washer and dryer hookup inside the condo, an assigned parking space under the carport (#44) and a big storage room in the common basement. The condo complex has a park like setting with big tree and beautiful landscaping and is located just a few blocks from all the attractions that Downtown Rochester has to offer, amazing restaurants and great entertainment. Also, Stoney Creek Metropark is in close proximity with all the outdoor activities. The monthly association fee is low and includes water, sewer, gas, trash, outside & structural maintenance. Move in or use it as an investment, this is the best deal in Downtown Rochester area today! Land contract available, too.
Source: SparkMLS
About this home
Located in Rochester in Rochester, this property offers 1-bedroom, 1-bath, 618 sq ft, with original construction dating to 1964.
Closed at $148,000 (about $239/sq ft).
Property tax estimate: $2,746 per year ($229/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Fiber internet is available at this address with download speeds up to 5,000 Mbps across 10 providers. Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms1
Bathrooms1
Living Area618 sqft
Year Built1964
Stories1
Location
CityRochester
MunicipalityRochester
Zip Code48307
CountyOakland
School DistrictRochester
Construction & Systems
ConstructionBrick
HeatingBaseboard
WaterPublic
SewerPublic
Sale & Financing
Listed4/22/2025
Sold Date8/28/2025
Terms AcceptedCash, Conventional, FHA, Land Contract, VA Loan
HOA
HOA Fee$279 / Monthly
IncludesLawn/Yard Care, Sewer, Snow Removal, Trash, Water
Source: SparkMLS
Tax Information
Annual Tax$2,746
State Equalized Value$61,670
Taxable Value$58,090
Parcel #1511330037
Source: Public Records
Legal Description
T3N, R11E, SEC 11 OAKLAND COUNTY CONDOMINIUM PLAN NO 1729 ROCHESTER VILLAGE CONDO UNIT 37, BLDG C L 35285 P 222 4-8-05 FR 327-001
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Silvia Stan
Signature Sotheby's International Realty Bham
Frequently Asked Questions about 500 ROMEO Road, 116, Rochester, MI 48307
What school district is 500 ROMEO Road, 116, Rochester, MI 48307 in?
Per MLS# 20250028201, this property is served by Rochester. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 500 ROMEO Road, 116, Rochester, MI 48307?
Per MLS# 20250028201, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, Land Contract, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20250028201, the most recent reported annual property tax for 500 ROMEO Road, 116, Rochester, MI 48307 is $2,746. 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.
Is 500 ROMEO Road, 116, Rochester, MI 48307 eligible for USDA financing?
Per USDA Rural Development boundary data, 500 ROMEO Road, 116, Rochester, MI 48307 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 500 ROMEO Road, 116, Rochester, MI 48307 is in flood zone X (minimal risk). 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.
Is fiber internet available at 500 ROMEO Road, 116, Rochester, MI 48307?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 5.0 Gbps. 10 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
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.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Mortgage Calculator
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Monthly payment$1,239
Principal & interest$960
HOA$279
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
10 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
500 ROMEO Road, 116, Rochester, MI 48307
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Municipality
Rochester
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County
Oakland County
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