$205,000
SOLD MAR 29, 2024

1401 Key Dr W Troy, MI 48083

3 Beds
1 Bath
1,050 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$195 Per Sq Ft

2% Below List Price

3 Days on Market

Highlights

  • Ranch Style House
  • Covered patio or porch
  • Forced Air Heating System
  • No HOA
  • 1 Car Detached Garage
  • 2-minute walk to Redwood Park

About This Home

As of September 2024

NO SHOWINGS TILL 3/14/2024. No exceptions for showing prior to 3/14 as home is still being cleaned out. This home is priced to reflect updates needed throughout entire home. Hardwood floors need refinishing, needs new kitchen, AC currently not working but furnace does. Could use new windows but they function as they are. Electrical panel was updated to circuit breakers. Roof is newer on house and garage but installed at different times. Kitchen could be opened up between the kitchen and living room to really open up the living area. This home sits on an extra deep lot that is deeper then public records shows of 122. It's probably an extra 40 feet deep because of easement given to home that extends partially behind neighbor as well. There is a nice City of Troy park entrance 5 doors down that features pickle ball courts and things for the kids to play on.

Last Agent to Sell the Property

Paula Rait

Berkshire Hathaway HomeServices Kee Realty Bham License #6501177348 Listed on: 03/14/2024

Berkshire Hathaway HomeServices Kee Realty Bham

Co-Listed By

Ben Rait

Berkshire Hathaway HomeServices Kee Realty Bham License #6501233776

Last Buyer's Agent

Peter Dukaj

Showtime Realty License #6501413082

Showtime Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1958

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 64 x 122

Parking

  • 1 Car Detached Garage

Home Design

  • 1,050 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Covered patio or porch
  • Ground Level
  • Partially Finished Basement

Community Details

  • No Home Owners Association
  • Mark Builders Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 882035301014

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,862

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1958
  • State Equalized Value: 94490.0000
  • Year Renovated: 1958
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1550
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 1050
  • Sq Ft Total Bsmt: 1037

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block, Poured
  • Frontage Feet: 64
  • Porch Type: Porch - Covered, Patio, Porch, Patio - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Lot Size Area: 0.18
  • Lot Dimensions: 64 x 122
  • Parcel Number: 882035301014

Tax Info

  • Tax Amount Summer: 1758.0000
  • Tax Amount Winter: 104.0000
  • Total Tax: 1862.0000
  • Taxable Value: 103000.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2024
Closed on
Sep 6, 2024
Sold by
Ina Properties Llc
Bought by
Olmstead Robert and Olmstead Erica Lynn
Seller's Agent
Peter Dukaj
Showtime Realty
Buyer's Agent
Unidentified Agent
Unidentified Office
List Price
$345,000
Sold Price
$325,000
Premium/Discount to List
-$20,000
-5.8%
Views
33
Current Estimated Value
$324,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$783
Avg. Annual Appreciation
-0.67%
Original Mortgage
$260,000
Outstanding Balance
$258,400
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$64,629

Purchase Details

Listed on
Mar 14, 2024
Closed on
Mar 29, 2024
Sold by
Toth Joseph and Toth Patricia A
Bought by
Ina Properties Llc
Seller's Agent
Paula Rait
Berkshire Hathaway HomeServices Kee Realty Bham
Buyer's Agent
Peter Dukaj
Showtime Realty
List Price
$210,000
Sold Price
$205,000
Premium/Discount to List
-$5,000
-2.38%
Views
200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
185.00%

Purchase Details

Closed on
Oct 17, 2019
Sold by
Matthews John
Bought by
Toth Joseph G and Toth Patricia A

Purchase Details

Closed on
Apr 8, 2013
Sold by
Matthews Ruth M and Matthews Robert J
Bought by
Matthews Ruth M and Matthews John
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 Type Sale Price Title Company
Warranty Deed $325,000 None Listed On Document
Warranty Deed $205,000 Premier Title
Deed -- --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,000 New Conventional
Previous Owner $20,026 Future Advance Clause Open End Mortgage
Previous Owner $4,806 Future Advance Clause Open End Mortgage
Previous Owner $20,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $325,000 -5.8% $310 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
07/02/2024 07/02/24 For Sale $345,000 +68.3% $329 / Sq Ft
03/29/2024 03/29/24 Sold $205,000 -2.4% $195 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $210,000 -- $200 / 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 $5,247 $94,490 $0 $0
2015 $1,861 $62,680 $0 $0
2014 -- $55,120 $0 $0
2011 -- $46,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240014749

Realcomp

APN: 20-35-301-014