NOT LISTED FOR SALE

1016 Kelley St Troy, MI 48083

Troy Area

Estimated Value: $413,000 - $498,765

4 Beds
4 Baths
2,070 Sq Ft
$215/Sq Ft Est. Value

Sale Details

Date Sold: July 19, 2019

Last sale price $275,000 $133 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,868 / mo

83 Days on Market

Highlights

  • 1-Story Property
  • Morse Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of July 2019

LAND CONTRACT Terms available with good offer! Rare Troy duplex with Troy schools. 1987 built ranch style property features 2 BR 1.5 Baths for each unit. Open concept layout features an oak kitchen with all appliances, dining space and spacious living room. Private laundry/ utility room with forced air gas furnaces and central air. Two good sized bedrooms adjacent the full hallway bathroom. Each unit features a formal front entrance, and side mud hall entrance adjacent the 1/2 bathroom. Both units are currently leased on month-to-month leases with long term tenants paying well below market rents. Separate driveway parking and meters for each unit. Roof replaced in 2016. Vinyl windows. Please do not approach tenants. Current market rents should be around $1200-1350 per unit. Limited showing times allowed each week, please contact agent.

Last Agent to Sell the Property

Lori Anderson

RE/MAX Classic License #6506047102 Listed on: 03/23/2019

RE/MAX Classic

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1987

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80.00x123.00

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete

Interior Spaces

  • 2,070 Sq Ft Home
  • 1-Story Property

Parking

  • Paved Parking
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Stumpf's Beech Grove Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2027429043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,600

Year Built

Built in 1987

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 Story
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Sq Ft: 2070

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Assigned Spaces, Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 1260434.7826
  • Lot Size Area: 0.23
  • Lot Dimensions: 80.00X123.00
  • Parcel Number: 2027429043
  • Zoning: Residential

Rental Info

  • Deposit Amount: 20000.00
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2500

Tax Info

  • Tax Amount Summer: 2630.0000
  • Tax Amount Winter: 970.0000
  • Total Tax: 3600.0000

Multi Family

  • Gross Scheduled Income: 30000.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Troy

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2024
Sold by
Bought by
Current Estimated Value
$444,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
0.0654%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,937
Interest Rate
0.0487%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 18, 2022
Sold by
Bought by

Purchase Details

Closed on
Jan 7, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,439
Interest Rate
0.0271%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 23, 2019
Closed on
Jul 18, 2019
Sold by
Bought by
Seller's Agent
Lori Anderson
RE/MAX Classic
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$314,900
Sold Price
$275,000
Premium/Discount to List
-$39,900
-12.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$206,250
Interest Rate
0.0382%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$480,000 None Listed On Document
$417,500 None Listed On Document
-- None Listed On Document
$307,000 Capital Title
$275,000 Liberty Title
$188,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $360,000
Previous Owner $409,937
Previous Owner $301,439
Previous Owner $206,250
Previous Owner $142,500
Previous Owner $50,000
Previous Owner $179,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/19/2019 07/19/19 Sold $275,000 -5.1% $133 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
05/12/2019 05/12/19 Price Changed $289,900 -3.3% $140 / Sq Ft
04/16/2019 04/16/19 Price Changed $299,900 -4.8% $145 / Sq Ft
03/23/2019 03/23/19 For Sale $314,900 -- $152 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2022 $8,688 $119,380 $0 $0
2015 $4,757 $69,980 $0 $0
2014 -- $69,980 $0 $0
2011 -- $82,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lori Anderson

    Seller's Agent in 2019

    Lori Anderson

    RE/MAX

    (248) 925-8270

    27 Total Sales

    Lori Anderson
    Section Image

  • N

    Buyer's Agent in 2019

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2019

    Unidentified Agent

    Unidentified Office

See All Agents

Map

Source: Realcomp

MLS Number: 219024377

Realcomp

APN: 20-27-429-043

Michigan Oakland County Troy 48083

1016 Kelley St, Troy, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.