Sold
509 E UNIVERSITY Drive, 503, Rochester, MI 48307
Sold on 05/30/2025 for$180,000
MLS # 20250030028 (Realcomp)
2 beds2 baths998 sqftBuilt 1966
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Listing Description
Fantastic Downtown Rochester location!! Walk right over to the Paint Creek trail along the river, to the library and all your favorite downtown spots. Condo is on the 1st floor and has a 1 car attached garage and large locking storage unit. Two generously sized bedrooms, 1.5 baths. Right up against the Paint Creek Trail. Also walking distance to the public library, post office and all the vibrant downtown Rochester offers! COMMON BASEMENT WITH PRIVATE STORAGE AND ALSO ONE CAR GARAGE.The condo is tenant occupied currently till 6/30. Potential buyers can have the option to have current tenants carried over until they move out. Seller is Michigan licensed realtor
Source: SparkMLS
About this home
2-bedroom, 2-bath, 998 sq ft home in Rochester in Rochester built in 1966.
Final sale price: $180,000 (about $180/sq ft).
Property tax estimate: $2,952 per year ($246/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company. Broadband is available with download speeds up to 2,000 Mbps from 9 providers.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms2
Living Area998 sqft
Year Built1966
Stories1
Location
CityRochester
MunicipalityRochester
Zip Code48307
CountyOakland
School DistrictRochester
Construction & Systems
ConstructionBrick
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed4/28/2025
Sold Date5/29/2025
Terms AcceptedCash, Conventional
HOA
HOA Fee$355 / Monthly
Source: SparkMLS
Tax Information
Annual Tax$2,952
State Equalized Value$80,520
Taxable Value$60,570
Parcel #1511351070
Source: Public Records
Legal Description
T3N, R11E, SEC 11 OAKLAND COUNTY CONDOMINIUM PLAN NO 294 PAINT CREEK CONDOMINIUM HOMES OF ROCHESTER UNIT 33 L 7777 P 27
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Shuye Pan
AutoCity Realty LLC
Frequently Asked Questions about 509 E UNIVERSITY Drive, 503, Rochester, MI 48307
Which school district serves 509 E UNIVERSITY Drive, 503, Rochester, MI 48307?
Per MLS# 20250030028, 509 E UNIVERSITY Drive, 503, Rochester, MI 48307 is in the Rochester boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Rochester directly to confirm enrollment eligibility.
What financing options are available for 509 E UNIVERSITY Drive, 503, Rochester, MI 48307?
Per MLS# 20250030028, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 509 E UNIVERSITY Drive, 503, Rochester, MI 48307?
Per public tax records, annual property taxes for this property are $2,952. 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, 509 E UNIVERSITY Drive, 503, 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.
Is 509 E UNIVERSITY Drive, 503, Rochester, MI 48307 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 509 E UNIVERSITY Drive, 503, Rochester, MI 48307. The maximum advertised download speed is 2.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 509 E UNIVERSITY Drive, 503, Rochester, MI 48307?
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
Mortgage Calculator
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Monthly payment$1,607
Principal & interest$1,252
HOA$355
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableLicensed Fixed WirelessGSO SatelliteDSLSatellite
9 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
509 E UNIVERSITY Drive, 503, Rochester, MI 48307
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Municipality
Rochester
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County
Oakland County
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