NOT LISTED FOR SALE

1567 N Lake Dr Troy, MI 48083

Estimated Value: $456,000 - $848,882

4 Beds
2.5 Baths
3,250 Sq Ft
$224/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $800,000 $246 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $4,632/month

10 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Barnard Elementary School Rated A+
  • Patio
  • 3-minute walk to Raintree Park

About This Home

As of May 2024

Absolutely breathtaking, this home in Troy surpasses expectations. Impeccably maintained, generously spacious, and impeccably clean, it stands as a true gem. This beautiful home features 100k+ custom upgrades and luxury amenities built by Mondrian properties. Nestled on a wooded lot overlooking Raintree Park, it offers premium hardwood flooring on the first level and plush carpeting elsewhere. Updated designer lighting in the whole house. Gourmet kitchen package with modern white cabinets , quartz countertops and premium glass splash, undermount sink w/ touchless pullout faucet, chimney hood fan. The open layout is accentuated by a stunning two-story step ceiling in the Great Room.The basement is clean and deeper, featuring custom storage. Access to Raintree Park is a breeze, offering paved walking paths, playgrounds, and more. An ideal space for both entertainment and relaxation. Sod, Sprinklers, radon mitigation system, and smart home system included.

Last Agent to Sell the Property

luyao jiang

EXP Realty Main License #6501419911 Listed on: 04/12/2024

EXP Realty Main

Last Buyer's Agent

luyao jiang

EXP Realty Main License #6501419911 Listed on: 04/12/2024

EXP Realty Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2019

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60x110

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 3,250 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Patio
  • Ground Level

Community Details

  • Board: Srinivasa Kapuganti Association

Listing and Financial Details

  • Assessor Parcel Number 2023205016

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,458

Year Built

Built in 2019

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2019
  • State Equalized Value: 387980.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Room Count: 13
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Range Hood, Washer
  • Sq Ft Combined: 3250
  • Total Sq Ft: 3250
  • Sq Ft Total Bsmt: 1666

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 60
  • Porch Type: Patio
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: hoaraintreevillageonthepark@gmail.com
  • Association Fee: 400
  • Association Contact: board: Srinivasa Kapuganti
  • Association Fee: Yes

Schools

  • School District: Troy

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.15
  • Lot Dimensions: 60x110
  • Parcel Number: 2023205016

Tax Info

  • Tax Amount Summer: 8512.0000
  • Tax Amount Winter: 1946.0000
  • Total Tax: 10458.0000
  • Taxable Value: 287220.0000

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
May 3, 2024
Sold by
Zhou Lei and Chi Jie
Bought by
Raghavan Sunil and Raghavan Sunil Nisha
Seller's Agent
luyao jiang
EXP Realty Main
Buyer's Agent
luyao jiang
EXP Realty Main
List Price
$799,900
Sold Price
$800,000
Premium/Discount to List
$100
0.01%
Total Days on Market
10
Views
76
Current Estimated Value
$729,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$70,779
Avg. Annual Appreciation
-8.29%

Purchase Details

Closed on
Oct 21, 2019
Sold by
Raintree Village On The Park Llc
Bought by
Mondrian Building Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.62%
Mortgage Type
New Conventional
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
Raghavan Sunil $800,000 Crossroads Title
Mondrian Building Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhou Lei $350,000
Previous Owner Mondrian Building Llc $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $800,000 0.0% $246 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $799,900 -- $246 / 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 $8,910 $273,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • luyao jiang

    Seller's Agent in 2024

    luyao jiang

    EXP Realty Main

    (734) 658-0429

    14 in this area

    129 Total Sales

    luyao jiang
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240020672

Realcomp

APN: 20-23-205-016

Michigan Oakland County Troy 48083

1567 N Lake Dr, Troy, MI

This home is located at 1567 N Lake Dr, Troy, MI 48083 since 12 April 2024 and is currently estimated at $729,221, approximately $224 per square foot. This property was built in 2019. 1567 N Lake Dr is a home located in Oakland County with nearby schools including Barnard Elementary School, Baker Middle School, and Athens High School.

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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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