505 E University Drive, Unit 301 Rochester, MI ^$ 199,000

505 E University Drive, Unit 301

^$ 199,000

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505 E University Drive, Unit 301

Rochester, MI, 48307

^$ 199,000

Bedrooms2 Baths1.1 Sq 998

Monthly Estimate*

^$ 1,323

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Condo for sale in Rochester, MI

for $199,000 with 2 bedrooms and 1 full bath, 1 half bath. This 998 square foot condo was built in 1966.

LOCATION-LOCATION-LOCATION! Do NOT miss this opportunity to own this meticulously maintained furnished 2 bedroom 1.5 bath condo located in the heart of downtown Rochester adjacent to Paint Creek! Settle in this cozy ground floor unit offering a generously sized master ensuite w/ a spacious master bath and walk-in closet w/ ample storage! All appliances included! 1 car garage with opener that provides direct access into common area from basement. The common area in the basement offers an expansive storage unit for all your additional storage needs along w/ coin laundry for your convenience. Take advantage of the electric washer and dryer hookup located in your new home for even more convenience. Furnace is 2 years old! New insulation installed in 2022! Please note all conventional loans will require a minimum of 20% down for this purchase. Please inquire for further details. Condo may be rented if you are an investor!

Condo Active

Price

^$ 199,000

Bedrooms

Full Bath

Half Bath

Property Type

Condo

Taxes

^$ 3,472

Style

Year Built

1966

Town/City

Rochester

County/Region

Oakland

MLS | Web ID

20240034911

Features

General

Interior Features 100 Amp Service Intercom Furnished - Negotiable

Sewer Public Sewer (Sewer-Sanitary)

Heating Forced Air

Cooling Central Air

Possession At Close

Pets Allowed Cats OK Dogs OK Number Limit Size Limit

Exterior Features Grounds Maintenance Lighting

HOA Fee Includes Snow Removal Maintenance Grounds Trash Water

Full Baths 1

Half Baths 1

Year Built 1966

Property Type Condominium

Unit Number 301

Warranty No

Subdivision Name PAINT CREEK CONDO HMS OF ROCH

Transaction Type Sale

Basement Type Unfinished

Status Accepting Backup Offers

Short Sale No

Cumulative Days on Market 23

MLS Area Rochester

Directions Fromt Rochester Rd turn onto University going East and turn left into parking lot.

City Rochester

Terms Offered Cash Conventional

School District Rochester

Land Contract 0

Down Payment Resource 1

Ownership Status Short Sale - No Private Owned

Homestead 1

Assessment 0.00

Total Sq Ft 998

DOM 23

Taxes 3472.0000

HOA Fee 1

HOA Fee Number 350

Legal Description T3N R11E SEC 11 OAKLAND COUNTY CONDOMINIUM PLAN NO 294 PAINT CREEK CONDOMINIUM HOMES OF ROCHESTER UNIT 20 L 7777 P 27

Interior

Heating Fuel Electric

Basement Y/N 1

Kitchen Appliances Dishwasher Disposal Free-Standing Electric Range Free-Standing Refrigerator Microwave

Fireplace 0

Beds Total 2

Total Baths 1.10

Exterior

Waterfront 0

Exterior Brick

Garage Features Attached Basement Access

Garage Capacity 1 Car

Water Source Community

Foundation Basement

Porch Porch

Roof Material Asphalt

Garage Y/N 1

Architecture Level 1 Story Ground

Architecture Style Other

Internal Only

Originating MLS Realcomp II Ltd

* Excluded Features

List By

Laurie Rouse

Listing Agent

Real Broker, Llc Troy

Broker

(248) 330-9878

Phone

Affordability Calculator

$1,612

Per Month

Monthly Principal & Interest: $1,323
Monthly Property Taxes: $289
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Condo listings in Rochester, MI

Average List Price ^$319,076

Percent of Sale Price 60%

About Rochester, MI

12,854 Population

24% Since 2002

^$79,259 Median Income

39.07 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

848546 Elementary School

848028 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/22/2024	$199,000		Listed Price

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505 E University Drive, Unit 301, Rochester, MI, 48307 is a Condo for sale at $199,000 with 998 sqft. 505 E University Drive, Unit 301 has 2 bedrooms, 1.1 baths, and was built in 1966. The property's zip code is 48307 which is in Rochester, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The information being provided is 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.

Data is updated as of 6/19/2024.

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505 E University Drive, Unit 301

Condo for sale in Rochester, MI

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