25 days on rocket

525 E University Dr Unit 1004, Rochester, MI, 48307

$199,900

Home List Price

$2,374*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
998 SqFt
$200/SqFt
Condo
Schools Nearby

Location

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525 E University Dr Unit 1004, Rochester$199,900

Buyer Closing Credits

$2,374*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Parking1 Assigned Space
Year Built1966
HeatingElectric, Forced Air
CoolingCeiling Fan(s)
BasementYes
MLS #20240021625
StatusActive

About 525 E University Dr Unit 1004

Welcome home to Downtown Rochester! This updated pad is right in the heart of the hustle & bustle of lively Downtown Rochester. Located directly across from the Royal Park Hotel & a quick walk to access the Paint Creek Trail or the Clinton River Trail. Totally updated & expanded kitchen with LaFata cabinets & ceramic tile flooring. Newer Hardwood floors throughout the great room & bedrooms. Added stackable washer & dryer so you never have to use the common laundry! Newer windows & Hunter Douglas blinds. Newer furnace. Expansive outdoor space with large deck, private entry into the condo, & gardening space. Ample private storage space in basement. Do NOT miss the opportunity to own a piece of town with this beautiful ranch condo! Development is only eligible for Conventional Financing with 20% down or Cash purchase. Note: this condo can be rented!

Property Details

Property Features

Property Information:

  • Architectural Style: Common Entry Building, Ranch
  • Year Built: 1966
  • Stories: 1
  • Living Area: 998 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Kee Realty
  • Office Phone: (248) 651-1200
  • Listing Agent: Deborah C Corey

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Refrigerator, Microwave, Washer
  • Basement: Yes
  • Interior: Smoke Alarm, Cable Available, High Spd Internet Avail, Furnished - No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Grounds Maintenance, Lighting, Private Entry

Parking Information:

  • Parking: 1 Assigned Space

Utilities

Utilities Information:

  • Heating: Electric, Forced Air
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Stoney Creek High School, Public District Grades 9-12
  • Hart Middle School, Public District Grades 6-8
  • McGregor Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: N of University. E of Main

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,900
  • Price Per SqFt: $200/SqFt

HOA Fees:

  • Amount: $350
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Rochester, MI.

Med. Sold Price

$492.5K

Med. Price/SqFt

$223

Avg. Days On Market

25

# of Sold Homes

26

525 E University Dr Unit 1004 vs Rochester

25 DAYS ON ROCKET

-0 Day

$199,900

-$292.6K Less

$200/SqFt

-$24 Less

KEY TAKEAWAY

This property is $292.6K less than the Median Sold Price and $24/SqFt less than other homes in Rochester, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240021625

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Kee Realty
  • Office Phone: (248) 651-1200
  • Listing Agent: Deborah C Corey

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 9:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,415

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5584469
8
/10
  • McGregor Elementary School

  • 1101 1st St

  • 1.11 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5584470
7
/10
  • Hart Middle School

  • 6500 Sheldon Rd

  • 1.30 miles

  • Public District Grades 6-8

High School

school-card-donut-5584471
8
/10
  • Stoney Creek High School

  • 575 E Tienken Rd

  • 1.31 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,183. Typical income of Rochester, MI residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 525 E University Dr Unit 1004

What is the listing price of this property?

The listing price of 525 E University Dr Unit 1004 property is $199,900.

What type of property is this?

The property 525 E University Dr Unit 1004 is a condo located in Rochester, Michigan, 48307.

Is this property for sale now?

Active Listing: 525 E University Dr Unit 1004 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 525 E University Dr Unit 1004 are:
McGregor Elementary School: GreatSchools Rating 8/10
Hart Middle School: GreatSchools Rating 7/10
Stoney Creek High School: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 525 E University Dr Unit 1004 has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 525 E University Dr Unit 1004 is 998 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 525 E University Dr Unit 1004 is 1966.

Rocket HomesMichiganOakland CountyRochester48307525 E University Dr Unit 1004

This home is located at 525 E University Dr Unit 1004 in Rochester, MI and zip code 48307. This 998 square foot home was built in 1966. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 08, 2024 and is currently priced at $199,900.

While more than 9 listings in Rochester, MI in April 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 12 were sold below. The number of listings in Rochester, MI increased by 6.9% between March 2024 and April 2024. Listings spent 25 days on the market in April 2024, and had a median list price of $492,542 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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