NOT LISTED FOR SALE

1578 Garrett Dr Troy, MI 48085

Estimated Value: $713,000 - $839,000

4 Beds
3.5 Baths
3,518 Sq Ft
$226/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $704,222 $200 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,027/month

30 Days on Market

Highlights

  • New Construction
  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • Troy Union Elementary School Rated A
  • 3 Car Attached Garage
  • Gas Fireplace

About This Home

As of July 2022

Welcome to the newest development in Oak Forest of Troy, a premier new home community with sites nestled in quiet, wooded beauty in northern Troy. Offered by Ladd’s and built by Garrett Homes, the 3,518 sq ft Oakmonte colonial is sensational! A spectacular 18’ great room with a beautiful fireplace, wide open to enormous gourmet kitchen with Lafata cabinetry, built in appliances, granite, center island, huge walk-in pantry, laundry area and mud room. Gorgeous wood railings & wrought iron spindles lead upstairs to a stunning walkway with 4 bedrooms and an Owner's suite complete with enormous closets, attached bath with dual sinks, amazing shower and free standing tub. One bedroom has private bath and the other 2 share a Jack & Jill bathroom. Sod and Sprinklers included on this spacious home site, and the highly acclaimed Troy schools. HOME TO BE BUILT. PHOTOS NOT OF ACTUAL HOME.

Last Agent to Sell the Property

Annette Cook

Ladds Inc License #6501373760 Listed on: 01/11/2021

Last Buyer's Agent

Jack Liang

AutoCity Realty LLC License #6501384766

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 101x135x104x135

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

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

Interior Spaces

  • 3,518 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Great Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Ground Level

Utilities

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

Community Details

  • Oak Forest No 4 Condo Occpn 2264 Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,900

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Warranty: Yes
  • Year Built: 2021
  • Entry Location: Ground Level w/Steps
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 16
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Microwave
  • Sq Ft Combined: 3518
  • Total Sq Ft: 3518
  • Sq Ft Total Bsmt: 1750

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Construction Features: New Construction, Const. Start Upon Sale, Site Condo
  • Foundation Materials: Poured
  • Frontage Feet: 101
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Electricity, Side Entrance, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: 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 Frequency: Annually
  • Association Fee: 125
  • Association Fee: Yes

Schools

  • School District: Troy

Lot Info

  • Lot Size Area: 0.31
  • Lot Dimensions: 101x135x104x135

Tax Info

  • Tax Amount Summer: 1000.0000
  • Tax Amount Winter: 900.0000
  • Total Tax: 1900.0000

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Jul 21, 2022
Sold by
Garrett Associates Ltd I
Bought by
Du Mian Zhang Zongchen
Seller's Agent
Annette Cook
Ladds Inc
Buyer's Agent
Jack Liang
AutoCity Realty LLC
List Price
$675,400
Sold Price
$704,222
Premium/Discount to List
$28,822
4.27%
Current Estimated Value
$796,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,891
Avg. Annual Appreciation
3.88%
Original Mortgage
$548,000
Outstanding Balance
$524,463
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$271,650
Source: Public Records

Range of Values:

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Average Value
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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
Du Mian Zhang Zongchen $704,222 None Listed On Document
Garett Associates Ltd $135,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Du Mian Zhang Zongchen $548,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2022 07/21/22 Sold $704,222 +4.3% $200 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $675,400 -- $192 / 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 $9,971 $106,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210001996

Realcomp

APN: 20-11-202-020