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Sold for $388,000
  • $388,000

    1071 N Sherman Dr Unit A, Royal Oak, MI 48067

    2beds
    1,351sqft
    Condominium
    Built in 2016
    -- sqft lot
    $401,000 Zestimate®
    $287/sqft
    $2,998 Estimated rent

    Home value

    $401,000

    $369,000 - $433,000

    $2,998/mo

    Zestimate® history
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    What's special

    Step into luxury in this exquisite three story townhome in exclusive Sherman Oaks development. This two bedroom, two and a half bath home is brand new, built this year. Enter into a beautiful ceramic tiled foyer and head up the stairs to a custom gourmet kitchen with laminate flooring, granite countertops, flat cooktop, and custom lighting. Large dining area and half bath on the middle level as well, all with laminate floors. Third floor comes complete with two large bedrooms with adjoining bathrooms and walk-in closets. Bathrooms have granite counter tops and ceramic tile with fantastic lighting. This home is walking distace to downtown Royal Oak, fine dining, shopping, and close to major freeways. Homes like this don't last long... schedule your showing today! BATVAI

    Zillow last checked:

    Listing updated:

    Listed by:

    Joshua L Wright 248-655-7955,

    Keller Williams Paint Creek

    Bought with:

    Shuye Pan, 6501458302

    AutoCity Realty LLC

    Source: Realcomp II,MLS#: 20250003619MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Third
    • Dimensions: 13 x 12
    Bedroom
    • Level: Third
    • Dimensions: 13 x 12
    Other
    • Level: Third
    Other
    • Level: Third
    Other
    • Level: Second
    Other
    • Level: Second
    • Dimensions: 10 x 13
    Dining room
    • Level: Entry
    • Dimensions: 8 x 15
    Kitchen
    • Level: Second
    • Dimensions: 11 x 15
    Laundry
    • Level: Entry
    • Dimensions: 7 x 6
    Heating
    • Electric, Forced Air
    Cooling
    • Ceiling Fans, Central Air
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,351 sqft
    • Finished area above ground: 1,351

    Property

    Parking
    • Total spaces: 2
    • Parking features: Two Car Garage, Attached
    • Attached garage spaces: 2
    Features
    • Levels: Three
    • Stories: 3
    • Entry location: GroundLevelwSteps
    • Exterior features: Balcony
    Details
    • Parcel number: 2516384009
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Other
    • Property subtype: Condominium
    Materials
    • Aluminum Siding
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 2016

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: SHERMAN OAKS CONDOMINIUM 2116
    HOA
    • Has HOA: Yes
    • HOA fee: $220 monthly
    Location
    • Region: Royal Oak

    Financial & listing details

    • Price per square foot: $287/sqft
    • Tax assessed value: $169,400
    • Annual tax amount: $9,299
    • Date on market: 1/16/2025
    • Cumulative days on market: 11 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    5/22/2026Listing removed$2,900$2/sqft
    Source: Realcomp II #20261030821 Report a problem
    5/3/2026Listed for rent$2,900+3.6%$2/sqft
    Source: Realcomp II #20261030821 Report a problem
    6/3/2025Listing removed$2,800$2/sqft
    Source: Zillow Rentals Report a problem
    5/21/2025Listed for rent$2,800+3.7%$2/sqft
    Source: Zillow Rentals Report a problem
    3/20/2025Listing removed$2,700$2/sqft
    Source: Zillow Rentals Report a problem
    3/14/2025Listed for rent$2,700$2/sqft
    Source: Zillow Rentals Report a problem
    2/20/2025Sold$388,000-0.5%$287/sqft
    Source: Realcomp II #20250003619 Report a problem
    1/28/2025Pending sale$390,000$289/sqft
    Source: Realcomp II #20250003619 Report a problem
    1/17/2025Listed for sale$390,000+41.1%$289/sqft
    Source: Realcomp II #20250003619 Report a problem
    8/9/2016Sold$276,375$205/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $189,190 +4.1%
    2024-- $181,730 +7.7%
    2023-- $168,680 +2.5%
    2022-- $164,640 -1.1%
    2021-- $166,550 +2.5%
    2020-- $162,490 +10.5%
    2019-- $146,990 +6.7%
    2018-- $137,720
    2017-- $137,720
    2015-- --
    Find assessor info on the county website

    Neighborhood: 48067

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $401,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $401,000