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Sold for $178,000
  • $178,000

    525 E University Dr APT 1002, Rochester, MI 48307

    2beds
    998sqft
    Condominium
    Built in 1966
    -- sqft lot
    $178,000 Zestimate®
    $178/sqft
    $1,681 Estimated rent

    Home value

    $178,000

    $169,000 - $187,000

    $1,681/mo

    Zestimate® history
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    What's special

    Welcome to this move-in ready ground-level ranch condo in the heart of downtown Rochester, offering walkable access to restaurants, shopping, parks, and entertainment while providing the convenience of low-maintenance living. Step inside to an inviting open layout featuring a spacious living room filled with natural light that flows into the dining area and kitchen with ample cabinetry, generous counter space, and everyday functionality. Two comfortable bedrooms offer plenty of space, while the full bath and convenient half bath provide added flexibility. One of this home's standout features is the private rear deck entrance, allowing direct access into the living room while creating an inviting outdoor space to relax or entertain. An expansive unfinished basement provides exceptional storage or the opportunity to create additional finished living space to fit your needs. Recent improvements include a new central air conditioning system and electrical upgrades completed in 2026, providing added value and peace of mind. Additional highlights include in-unit laundry, assigned parking, and a beautifully maintained community. Enjoy an exceptional combination of location, privacy, and convenience just moments from everything downtown Rochester has to offer. Whether you're looking for your next home or a low-maintenance lifestyle close to local dining, shopping, and community events, this condo is ready to welcome its next owner.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Perna 248-886-4450,

    EXP Realty The Perna Team,

    Jonathan Stevens 888-501-7085,

    EXP Realty The Perna Team

    Bought with:

    Galen Masdon, 6501467096

    EXP Realty The Perna Team

    Source: Realcomp II,MLS#: 20261056088MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Entry
    • Area: 198
    • Dimensions: 11 X 18
    Bedroom
    • Level: Entry
    • Area: 110
    • Dimensions: 10 X 11
    Primary bathroom
    • Level: Entry
    • Area: 64
    • Dimensions: 8 X 8
    Other
    • Level: Entry
    • Area: 42
    • Dimensions: 7 X 6
    Kitchen
    • Level: Entry
    • Area: 150
    • Dimensions: 15 X 10
    Living room
    • Level: Entry
    • Area: 231
    • Dimensions: 21 X 11
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Features
    • High Speed Internet, Programmable Thermostat
    • Basement: Common,Interior Entry,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 998 sqft
    • Finished area above ground: 998

    Property

    Parking
    • Parking features: Assigned 1 Space, No Garage
    Features
    • Levels: One
    • Stories: 1
    • Entry location: GroundLevel
    • Patio & porch: Patio
    • Exterior features: Lighting
    • Pool features: None
    Lot
    • Features: Level
    Details
    • Parcel number: 1511351126
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Common Entry Building,Ranch
    • Property subtype: Condominium
    Materials
    • Brick
    • Foundation: Basement, Block
    • Roof: Asphalt
    Condition
    • Platted Sub
    • New construction: No
    • Year built: 1966

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Above Ground Utilities, Cable Available, Underground Utilities

    Community & HOA

    Community
    • Features: Sidewalks
    • Subdivision: PAINT CREEK CONDO HMS OF ROCH
    HOA
    • Has HOA: Yes
    • HOA fee: $365 monthly
    Location
    • Region: Rochester

    Financial & listing details

    • Price per square foot: $178/sqft
    • Tax assessed value: $71,450
    • Annual tax amount: $3,639
    • Date on market: 7/25/2026
    • Cumulative days on market: 40 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,Va Loan
    • Exclusions: Exclusion(s) Do Not Exist

    Price history

    DateEventPrice
    9/11/2026Sold$178,000-1.1%$178/sqft
    Source: Realcomp II #20261056088 Report a problem
    9/1/2026Pending sale$180,000$180/sqft
    Source: Realcomp II #20261056088 Report a problem
    8/21/2026Price change$180,000-5.3%$180/sqft
    Source: eXp Realty #20261056088 Report a problem
    7/25/2026Listed for sale$190,000+43.9%$190/sqft
    Source: Realcomp II #20261056088 Report a problem
    6/4/2025Listing removed$1,500$2/sqft
    Source: Zillow Rentals Report a problem
    5/11/2025Price change$1,500-6.3%$2/sqft
    Source: Zillow Rentals Report a problem
    1/27/2025Listed for rent$1,600$2/sqft
    Source: Zillow Rentals Report a problem
    1/27/2025Listing removed$1,600$2/sqft
    Source: Zillow Rentals Report a problem
    12/14/2024Listed for rent$1,600+28%$2/sqft
    Source: Zillow Rentals Report a problem
    2/24/2021Listing removed--
    Source: Owner Report a problem
    11/24/2020Listing removed$1,250$1/sqft
    Source: Owner Report a problem
    11/16/2020Listed for rent$1,250$1/sqft
    Source: Owner Report a problem
    10/30/2020Sold$132,000-5.6%$132/sqft
    Source: Public Record Report a problem
    9/24/2020Listed for sale$139,900+249.8%$140/sqft
    Source: Coldwell Banker Weir Manuel-Roch #2200079331 Report a problem
    7/6/2011Sold$40,000-41.1%$40/sqft
    Source: Agent Provided Report a problem
    5/1/2010Listing removed$67,900$68/sqft
    Source: CENTURY 21 SAKMAR & ASSOC #210036797 Report a problem
    4/25/2010Price change$67,900-1.6%$68/sqft
    Source: CENTURY 21 SAKMAR & ASSOC #210036797 Report a problem
    4/1/2010Listed for sale$69,000+115.6%$69/sqft
    Source: CENTURY 21 SAKMAR & ASSOC #210036797 Report a problem
    1/27/2010Sold$32,000-12%$32/sqft
    Source: Public Record Report a problem
    6/2/2009Sold$36,360+338.5%$36/sqft
    Source: Public Record Report a problem
    12/23/2008Sold$8,291-91.3%$8/sqft
    Source: Public Record Report a problem
    12/26/2000Sold$95,000+9.2%$95/sqft
    Source: Public Record Report a problem
    11/23/1999Sold$87,000$87/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,536 +5%$79,550 +9.4%
    2024$3,366 +5%$72,720 +7.4%
    2023$3,206 +5.3%$67,720 +3.2%
    2022$3,045 +15.4%$65,640 +7.8%
    2021$2,639 $60,870 +6.8%
    2020-- $57,020 +7.2%
    2019$1,235 +2.9%$53,180 +6.7%
    2018$1,200 +2.4%$49,840 +6.2%
    2017$1,171 $46,920 +15%
    2016$1,171 $40,800 +20.4%
    2015-- $33,880 +29.1%
    2014-- $26,240 -15%
    2011-- $30,860 -25.5%
    2010$2,210 -5.5%$41,410 -8.2%
    2009$2,339 $45,130
    Find assessor info on the county website

    Neighborhood: 48307

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    Estimated market value
    $178,000
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    Estimated market value
    $178,000