NOT LISTED FOR SALE

1078 Redding Dr Troy, MI 48098

Estimated Value: $812,000 - $878,000

4 Beds
4.5 Baths
3,276 Sq Ft
$258/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $465,000 $142 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,281/month

12 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • 3 Car Attached Garage
  • Bemis Elementary School Rated A+
  • Porch
  • Fireplace in Basement

About This Home

As of April 2016

COLONIAL BUILT BY BING CONSTRUCTION. SOUGHT AFTER BEMIS, BOULAN, & TROY HIGH SCHOOL DISTRICT. BEAUTIFULLY MAINTAINED AND READY TO MOVE IN FEATURING 4 BEDROOMS, 4 FULL AND 1 HALF BATHS. PROFESSIONALLY FINISHED BASEMENT WITH GAS FIREPLACE AND CUSTOM BAR. HOME HAS A GOURMET KITCHEN WITH 42" UPPERS, LARGE CENTER ISLAND, BUTLERS PANTRY, FORMAL DINING ROOM, FORMAL LIVING ROOM, 2 STORY GREAT ROOM WITH GAS FIREPLACE, LIBRARY, MASTER SUITE WITH LARGE MASTER BATH AND DOUBLE SINK VANITY, JETTED TUB, SEPARATE SHOWER AND A MASSIVE WALK-IN MASTER CLOSET. 2ND BEDROOM WITH PRIVATE BATH AND WALK-IN CLOSET. 3RD & 4TH BEDROOMS SHARE A JACK AND JILL BATH. SECOND FLOOR LAUNDRY. EXTERIOR IS PROFESSIONALLY LANDSCAPED WITH INDIRECT LIGHTING, PAVER PATIO AND 3 CAR GARAGE.

Last Agent to Sell the Property

Andrew Karam

@properties Christie's Int'l R E Rochester License #6501394302 Listed on: 02/17/2016

@properties Christie's Int'l R E Rochester

Last Buyer's Agent

Ann Byer

Real Living Metro Real Estate License #RCO-6505371182

Real Living Metro Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1996

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 91.85x168.99

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Asphalt

Interior Spaces

  • 3,276 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Finished Basement
  • Fireplace in Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Merihill Acres Sub No 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2017278030
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,519

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 215.74
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Great Room
  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 4941
  • Sq Ft Lower Floor: 1665
  • Total Sq Ft: 3276
  • Sq Ft Total Bsmt: 1665

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Asphalt
  • Foundation Materials: Poured
  • Frontage Feet: 92
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Troy

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1386111.1111
  • Lot Size Area: 0.36
  • Lot Dimensions: 91.85X168.99
  • Parcel Number: 2017278030

Tax Info

  • Tax Amount Summer: 6207.0000
  • Tax Amount Winter: 1312.0000
  • Total Tax: 7519.0000

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2017
Sold by
Mercader Vicente Antonio and Mercader Vicente
Bought by
Mercader Vicente Antonio and Mercader Vicente Antonio
Current Estimated Value
$845,695

Purchase Details

Listed on
Feb 17, 2016
Closed on
Apr 15, 2016
Sold by
Estate Of Andrew Wood Jr and Burnside Cortney
Bought by
Mercader Vicente
Seller's Agent
Andrew Karam
@properties Christie's Int'l R E Rochester
Buyer's Agent
Ann Byer
Real Living Metro Real Estate
List Price
$499,000
Sold Price
$465,000
Premium/Discount to List
-$34,000
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Original Mortgage
$417,000
Outstanding Balance
$330,846
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$514,850

Purchase Details

Closed on
Dec 8, 2015
Sold by
Wood Andrew P
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Dec 24, 1996
Sold by
Bing Construction Co
Bought by
Wood Andrew Jr

Purchase Details

Closed on
Dec 2, 1994
Sold by
Beck Road Ltd Ptr
Bought by
Bing Const Co
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mercader Vicente Antonio -- None Available
Mercader Vicente $465,000 None Available
Federal National Mortgage Association $388,083 Attorney
Wood Andrew Jr $370,000 --
Bing Const Co $92,120 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercader Vicente $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2016 04/15/16 Sold $465,000 -6.8% $142 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $499,000 -- $152 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

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 $8,850 $316,590 $0 $0
2015 $9,283 $264,430 $0 $0
2014 -- $223,910 $0 $0
2011 -- $187,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Karam

    Seller's Agent in 2016

    Andrew Karam

    @properties Christie's Int'l R E Rochester

    (248) 218-0234

    1 in this area

    104 Total Sales

    Andrew Karam
    Section Image
  • Ann Byer

    Seller Co-Listing Agent in 2016

    Ann Byer

    Coldwell Banker Metro Real Estate

    (248) 787-7895

    2 in this area

    41 Total Sales

    Ann Byer
    Section Image
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Map

Source: Realcomp

MLS Number: 216015029

Realcomp

APN: 20-17-278-030

Michigan Oakland County Troy 48098

1078 Redding Dr, Troy, MI

This home is located at 1078 Redding Dr, Troy, MI 48098 since 17 February 2016 and is currently estimated at $845,695, approximately $258 per square foot. This property was built in 1996. 1078 Redding Dr is a home located in Oakland County with nearby schools including Bemis Elementary School, Boulan Park Middle School, and Troy High School.

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 2025 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

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