521 E University DR # 805, Rochester, MI 48307
Est. $1,261/mo with current taxes · · See the breakdown
About this home
Opportunity awaits in the heart of Rochester! This 2-bedroom, 1.5-bath second-floor condo offers great potential for investors, renovators or buyers looking to make a space their own. Bring your vision and updates to unlock the possibilities of this ideally located property! Just a short walk to Downtown Rochester's Main Street, passing the Rochester Hills Public Library, post office and scenic trails along the way. Enjoy convenient access to the Paint Creek Trail, Rochester Riverwalk and connecting Clinton River Trail, along with downtown restaurants, coffee shops, boutiques, parks and year-round community events. A desirable location with plenty of potential for the right buyer. Bring your ideas and make this Rochester condo your next project!
Monthly payment
The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then.The uncapped tax line is this home's bill after it uncaps: half the price times 32.42 mills, the 2025 homestead rate here. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.
The facts
| Price | $100,000 |
| Beds | 2 |
| Baths | 1 full, 1 half |
| Square feet | 1,091 |
| Type | Condominium |
| Subdivision | PAINT CREEK CONDO HMS OF ROCH |
| County | Oakland |
| MLS # | 20261075274 |
| Listed | 2026-10-29 |
| Days on market | 0 |
| Year built | 1966 |
| Possession | Negotiable |
| Stories | 1 story, upper unit |
| Basement | Unfinished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Block |
| Water / Sewer | City water & sewer |
| Parcel number | 1511351147 |
| Listing office | Berkshire Hathaway HomeServices Michigan Real Est |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $27,330 | about $50,000 |
| Yearly property tax | $895 | about $1,621 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $726 a year more than this seller pays. The assessor's state equalized value (SEV) is $81,150. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Rochester's 2025 homestead rate of 32.42 mills and assumes you claim the homestead exemption. See Rochester's full tax breakdown or run the uncapping calculator.
Location
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-10-29T15:35+00:00; refreshed at least twice daily.