NOT LISTED FOR SALE

1140 Faulkner Unit E8 Troy, MI 48083

Estimated Value: $250,000 - $284,796

3 Beds
2 Baths
1,179 Sq Ft
$231/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $261,000 $221 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,002/month

14 Days on Market

Highlights

  • Balcony
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Wattles Elementary School Rated A+
  • Walk-In Closet

About This Home

As of May 2023

Welcome to this charming 3 bedroom, 2 bathroom condo located in the desirable Troy school district! With 1170 square feet of living space, this unit offers the perfect blend of comfort and functionality. As you step inside, you'll be greeted by newer carpet and a warm, inviting atmosphere. The spacious living room is perfect for relaxing and entertaining, while the adjacent dining area is great for family meals or hosting dinner parties. The kitchen comes fully equipped with all appliances included, making meal prep a breeze. The abundant cabinet space and countertop area provides ample room for storage and food preparation. The primary bedroom offers a peaceful retreat, complete with an ensuite bathroom for your convenience. Two additional bedrooms provide plenty of room for guests or a home office. Other features of this home include a 1.5 car garage, perfect for storing your vehicle and outdoor gear. Located in a quiet and friendly community, this condo is just minutes away from local shops, restaurants, and entertainment. Don't miss out on this opportunity to make this wonderful home yours!

Last Agent to Sell the Property

Todd McNulty

Arterra Realty Michigan LLC License #MISPE-6506047684 Listed on: 03/17/2023

Arterra Realty Michigan LLC

Last Buyer's Agent

Octavio Martinez

Real Estate One-Troy License #6501434029

Real Estate One-Troy

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 2004

Lot Details

  • 4.86

HOA Fees

  • $210 Monthly HOA Fees

Home Design

  • Bi-Level Home
  • Brick Exterior Construction

Interior Spaces

  • 1,179 Sq Ft Home
  • Basement
  • Basement Window Egress

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 20-23-356-008

Community Details

Overview

  • Kramer Triad Management HOA
  • Rochester Commons Occpn 1616 Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,545

Year Built

Built in 2004

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Condominium
  • Architecture Style: Townhouse
  • Structure Style: Bi-Level
  • Year Built: 2004
  • Mail City: Troy
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Walk-In Closet
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Egress/Daylight Windows
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 12 x 12
  • Bedroom 2: Dimensions: 14 x 11
  • Bedroom 3: Dimensions: 12 x 10
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Entry
  • Bathroom 2: On Level: Entry
  • Kitchen: Dimensions: 10 x 10
  • Living Room: Dimensions: 18 x 11
  • Above Grade Finished Sq Ft: 1179
  • Total Finished Sq Ft: 1179

Exterior Features

  • Exterior: Brick
  • Exterior Features: Exterior Balcony
  • Foundation: Basement

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Condo/Co-op/Association

  • HOA Fees: 210
  • HOA Fee Frequency: Monthly
  • Association Contact: Kramer-Triad Management
  • Association Phone: 248-879-9700
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 20-23-356-008
  • Geo Subdivision: MI

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,872.00
  • Winter Tax: Year: 2021, Amount: $673.00
  • Total Tax: Amount: $2,545.00

MLS Schools

  • School District: Troy School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
May 10, 2023
Sold by
Chan Family 2014 Ab Revocable Trust
Bought by
Gallegos-Gonzalez Oscar Rigoberto
Seller's Agent
Todd McNulty
Arterra Realty Michigan LLC
Buyer's Agent
Octavio Martinez
Real Estate One-Troy
List Price
$249,900
Sold Price
$261,000
Premium/Discount to List
$11,100
4.44%
Views
117
Current Estimated Value
$272,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,699
Avg. Annual Appreciation
4.08%
Original Mortgage
$216,750
Outstanding Balance
$211,757
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$72,103

Purchase Details

Closed on
Feb 7, 2018
Sold by
Chan Matthew Samuel and Chan Eva Yeewah
Bought by
Chan Matthew Samuel and Chan Eva Yeewah

Purchase Details

Closed on
Aug 10, 2005
Sold by
Webb Ryan J and Webb Julie A
Bought by
Chan Matthew Samuel and Chan Eva Yeewah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,920
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2004
Sold by
Tadian Rochester Commons Llc
Bought by
Webb Ryan J and Webb Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,517
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2004
Sold by
Gulf Rochester Commons Llc
Bought by
Tadian Rochester Commons Llc
Source: Public Records

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Range of Values:

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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
Gallegos-Gonzalez Oscar Rigoberto $260,000 Sterling Title Agency
Gallegos-Gonzalez Oscar Rigoberto $260,000 Sterling Title Agency
Chan Matthew Samuel -- None Available
Chan Matthew Samuel $189,900 Metropolitan Title Company
Webb Ryan J $196,155 --
Tadian Rochester Commons Llc -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallegos-Gonzalez Oscar Rigoberto $216,750
Closed Gallegos-Gonzalez Oscar Rigoberto $216,750
Previous Owner Chan Matthew S $151,920
Previous Owner Chan Matthew Samuel $37,980
Previous Owner Webb Ryan J $176,517
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $261,000 +4.4% $221 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $249,900 0.0% $212 / Sq Ft
12/26/2018 12/26/18 Rented $1,399 0.0% --
12/21/2018 12/21/18 Under Contract -- -- --
12/19/2018 12/19/18 Price Changed $1,399 -1.8% $1 / Sq Ft
12/12/2018 12/12/18 Price Changed $1,425 -1.7% $1 / Sq Ft
12/06/2018 12/06/18 Price Changed $1,450 -3.0% $1 / Sq Ft
11/28/2018 11/28/18 For Rent $1,495 -- --
Source: Michigan Multiple Listing Service

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 $3,531 $101,770 $0 $0
2015 $2,546 $73,750 $0 $0
2014 -- $67,850 $0 $0
2011 -- $45,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50103615

Michigan Multiple Listing Service

APN: 20-23-356-008