NOT LISTED FOR SALE

1606 Garrett Dr Troy, MI 48085

Estimated Value: $179,000 - $796,000

4 Beds
3.5 Baths
3,840 Sq Ft
$157/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $704,944 $184 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $3,734/month

42 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 February 2023

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 3,840 sq ft Oakmonte colonial is sensational! A spectacular 12’ 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 walk up loft area perfect for additional living space and entertainment. Owner's suite with enormous closets, attached bath with dual sinks, amazing shower & free standing tub. One bedroom has private bath and the other 2 share a Jack & Jill bathroom. 3 car garage, spacious home site with SOD and SPRINKLERS included, and the highly acclaimed Troy schools.

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

  • 0.25 Acre Lot
  • Lot Dimensions are 82x135x82x135

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

  • 3,840 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
  • 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
  • Total Sq Ft: 3840

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
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Electricity, 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

Lot Info

  • Lot Size Area: 0.25
  • Lot Dimensions: 82x135x82x135

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
Feb 10, 2023
Sold by
Garrett Associates Ltd I
Bought by
Dai Yiling and Xie Tianyuan
Seller's Agent
Annette Cook
Ladds Inc
Buyer's Agent
Jack Liang
AutoCity Realty LLC
List Price
$713,000
Sold Price
$704,944
Premium/Discount to List
-$8,056
-1.13%
Views
3
Current Estimated Value
$602,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$102,223
Avg. Annual Appreciation
-5.19%
Original Mortgage
$450,000
Outstanding Balance
$393,556
Interest Rate
5.73%
Mortgage Type
New Conventional
Estimated Equity
$209,165
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dai Yiling $704,944 None Listed On Document
Garrett Associaties Ltd $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dai Yiling $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2023 02/10/23 Sold $704,944 -1.1% $184 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $713,000 -- $186 / 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 $10,746 $68,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210001995

Realcomp

APN: 20-11-202-018