NOT LISTED FOR SALE

1577 Lakewood Dr Troy, MI 48083

Estimated Value: $410,080 - $432,000

3 Beds
2.5 Baths
1,659 Sq Ft
$252/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $228,000 $137 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,699/month

Highlights

  • Wood Flooring
  • 30 Fireplaces
  • Forced Air Heating and Cooling System
  • Barnard Elementary School Rated A+
  • 2 Car Attached Garage
  • Ceiling Fan

About This Home

As of March 2024

WELCOME TO THIS BEAUTIFULLY WELL-MAINTAINED BRICK RANCH IN THE HIGHLY SOUGHT-AFTER RAINTREE VILLAGE. WITH AN OPEN FLOOR PLAN, THIS HOME BOASTS 3 BEDROOMS AND 2.1 BATHROOMS.

Last Agent to Rent the Property

Kevin Zhou

Metro Star Realty LLC License #6502432484 Listed on: 01/09/2024

Last Renter's Agent

Kevin Zhou

Metro Star Realty LLC License #6502432484 Listed on: 01/09/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,116

Year Built

  • 1976

Lot Details

  • 7,841 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Interior Spaces

  • 1,659 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 30 Fireplaces
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer

Utilities

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

Community Details

  • Laundry Facilities

Listing and Financial Details

  • The owner pays for a/c

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,116

Year Built

1976

Lot Details

0

Parking

2

Rental Info

  • Owner Pays: A/C

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential Lease
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • ResoPropertyType: ResidentialLease
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1659.0
  • General Property Info:Design: Ranch
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Location Property Info:Vacation Rental: No
  • Location Property Info:AptCondo Cmplx Name: NA
  • Air Conditioning:Central Air2: Yes
  • Other Amenities:Laundry2: Yes
  • Other Amenities:Tile Floor2: Yes
  • Laundry Features Main Level: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Appliances: Electric Range, Dryer, CeilingFan, Dishwasher, Refrigerator
  • Fireplace: Yes
  • Fireplaces: 30
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 1659.0
  • General Property Info:Stories2: 1.0
  • Appliances Provided:Dishwasher2: Yes
  • Appliances Provided:Dryer2: Yes
  • Appliances Provided:Electric Range: Yes
  • Appliances Provided:Refrigerator2: Yes
  • Appliances Provided:CeilingFan: Yes

Exterior Features

  • List Price: 2300.0
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • General Property Info:Parking: On Street

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Laundry Features: Main Level

Association/Amenities

  • Other Amenities:Hardwood Floors: Yes
  • Other Amenities:Fireplace2: Yes

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2020
Sold by
Raintree Investments Llc
Bought by
Zhou Chen
Current Estimated Value
$418,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2019
Sold by
Zhou Chen
Bought by
Raintree Investment Llc

Purchase Details

Listed on
Apr 30, 2017
Closed on
Jun 15, 2017
Sold by
Reeves Barbara A and Reeves Declaration O Barbara A
Bought by
Zhou Chen
Seller's Agent
John Zangara
RE/MAX First
Buyer's Agent
Kevin Zhou
1st Michigan Realty LLC
List Price
$228,000
Sold Price
$228,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$179,200
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2011
Sold by
Reeves Barbara A and Reeves Richard M
Bought by
Reeves Barbara A and Barbara A Reeves Declaration Of Trust
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
Zhou Chen -- Etitle Agency Inc
Raintree Investment Llc -- None Available
Zhou Chen $228,000 None Available
Reeves Barbara A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhou Chen $177,000
Previous Owner Zhou Chen $179,200
Previous Owner Reeves Richard $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Rented $2,330 +1.3% --
02/07/2024 02/07/24 Under Contract -- -- --
01/09/2024 01/09/24 For Rent $2,300 +4.5% --
12/20/2017 12/20/17 Rented $2,200 +4.8% --
11/28/2017 11/28/17 Under Contract -- -- --
11/16/2017 11/16/17 Price Changed $2,100 -4.5% $1 / Sq Ft
10/25/2017 10/25/17 Price Changed $2,200 -8.3% $1 / Sq Ft
10/22/2017 10/22/17 For Rent $2,400 0.0% --
06/16/2017 06/16/17 Sold $228,000 0.0% $137 / Sq Ft
05/08/2017 05/08/17 Pending -- -- --
04/30/2017 04/30/17 For Sale $228,000 -- $137 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $5,116 $146,180 $0 $0
2015 $6,150 $100,710 $0 $0
2014 -- $94,050 $0 $0
2011 -- $83,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Landlord's Agent in 2024

    Kevin Zhou

    Metro Star Realty LLC

    (248) 716-5899

    14 in this area

    62 Total Sales

    Section Image
  • John Zangara

    Seller's Agent in 2017

    John Zangara

    RE/MAX of Southeast Michigan

    (586) 329-4559

    61 Total Sales

    Section Image
  • June Noh

    Buyer's Agent in 2017

    June Noh

    Keller Williams Somerset

    (248) 253-6106

    22 in this area

    114 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24002486

Southwestern Michigan Association of REALTORS®

APN: 20-23-406-023

Michigan Oakland County Troy 48083

1577 Lakewood Dr, Troy, MI

This home is located at 1577 Lakewood Dr, Troy, MI 48083 since 09 January 2024 and is currently priced at $418,520. This property was built in 1976. 1577 Lakewood Dr is a home located in Oakland County with nearby schools including Barnard Elementary School, Baker Middle School, and Athens 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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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