NOT LISTED FOR SALE

1831 N Lake Dr Troy, MI 48083

Troy Area

Estimated Value: $414,000 - $453,379

4 Beds
2.5 Baths
3,092 Sq Ft
$138/Sq Ft Est. Value

Sale Details

Date Sold: April 16, 2026

Last sale price $420,000 $136 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,778 / mo

1 Day on Market

Highlights

  • Formal Dining Room
  • Fenced Yard
  • 2 Car Attached Garage
  • Barnard Elementary School Rated A+
  • Porch
  • 3-minute walk to Raintree Park

About This Home

As of April 2026

Multiple Offers Received All Offers due by 3/29/2026 at 1:30PM***Welcome home! This beautiful property offers 4 spacious bedrooms and 2.5 bathrooms and is filled with an abundance of natural light throughout. The open-concept layout features a welcoming kitchen that flows seamlessly into a large dining area and comfortable sitting room, creating the perfect space for both everyday living and entertaining. Step outside to enjoy the covered patio overlooking a generous backyard that backs directly to Raintree Park — no neighbors behind you! A perfect setting for relaxing, hosting gatherings, or simply enjoying the peaceful view. The finished basement provides additional living space that can be used as a family room, recreation area, home office, or workout space. This home also features several recent updates, including a new hot water tank, updated electrical panel, and newer appliances, giving you peace of mind and added convenience. Located within the highly sought-after, award-winning Troy School District, this home offers comfort, space, and an incredible location all in one.

Last Agent to Sell the Property

Olivia Budny

RE/MAX First License #MISPE-6501385004 Listed on: 03/25/2026

RE/MAX First

Last Buyer's Agent

Alexander Dembitsky

RE/MAX Eclipse License #MISPE-6501333849

RE/MAX Eclipse

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1974

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 70 x 120
  • Fenced Yard

HOA Fees

  • $3 Monthly HOA Fees

Home Design

  • Split Level Home
  • Quad-Level Property
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • Family Room with Fireplace
  • Formal Dining Room
  • Finished Basement
  • Sump Pump

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Porch

Utilities

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

Community Details

  • Rvha.Org HOA
  • Raintree Villageno 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-23-276-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,378

Year Built

Built in 1974

Lot Details

8,276 Sq Ft Lot

HOA Fees

$3 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Split Level
  • Structure Style: Quad-Level
  • Total Tax Amount: 4378
  • Year Built: 1974
  • Mail City: Troy
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Interior Amenities: Sump Pump
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace
  • Basement: Yes
  • Basement: Finished, Poured
  • Bedrooms: 4
  • Bedroom 1: On 2nd Floor, Dimensions: 15 x 13
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 2nd Floor, Dimensions: 13 x 10
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On 2nd Floor, Dimensions: 12 x 10
  • Bedroom 3 Floor Covering: Carpet
  • Bedroom 4: On Lower Floor, Dimensions: 14 x 11
  • Bedroom 4 Floor Covering: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: On Level: Second, Flooring: Ceramic
  • Bathroom 2: On Level: Lower, Flooring: Ceramic
  • Room Types: Primary Bedroom, Primary Bathroom, Pantry, Eat-In Kitchen, Formal Dining Room
  • Dining Room: On Entry Level
  • Dining Room Floor Covering: Vinyl
  • Family Room: On Entry Level
  • Kitchen: On Entry Level
  • Kitchen Floor Covering: Vinyl
  • Laundry: On Lower Floor
  • Laundry Room Floor Covering: Ceramic
  • Living Room: On Entry Level
  • Living Room Floor Covering: Vinyl
  • Below Grade Sq Ft: 909
  • Finished Below Grade Sq Ft: 875
  • Above Grade Finished Sq Ft: 2217
  • Total Finished Sq Ft: 3092
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Exterior Features: Fenced Yard, Porch
  • Foundation: Basement
  • Frontage: 70
  • Road: Curbed, Paved Street
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 2
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Condo/Co-op/Association

  • HOA Fees: 35
  • HOA Fee Frequency: Yearly
  • Association Contact: RVHA.ORG
  • Association Phone: 0000000000
  • Pets: Yes
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 20-23-276-007
  • Zoning: Residential
  • Lot Dimensions: 70 X 120
  • Acreage: 0.19
  • Geo Subdivision: MI
  • Site/Lot Features: Subdivision, Sidewalks

Rental Info

  • Pets Allowed: Yes
  • Pet Restriction: No Restrictions

Tax Info

  • Summer Tax: Year: 2025, Amount: $3,550.00
  • Winter Tax: Year: 2024, Amount: $828.00
  • Total Tax: Amount: $4,378.00

MLS Schools

  • School District: Troy School District

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2026
Closed on
Apr 16, 2026
Sold by
Bought by
Seller's Agent
Olivia Budny
RE/MAX First
Buyer's Agent
Alexander Dembitsky
RE/MAX Eclipse
List Price
$389,000
Sold Price
$420,000
Premium/Discount to List
$31,000
7.97%
Views
52
Current Estimated Value
$427,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,845
Avg. Annual Appreciation
5.43%
Original Mortgage
$399,000
Outstanding Balance
$398,204
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$29,641
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Troy, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$420,000 Partners Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $399,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/16/2026 04/16/26 Sold $420,000 +8.0% $136 / Sq Ft
03/29/2026 03/29/26 Pending -- -- --
03/27/2026 03/27/26 For Sale $389,000 -- $126 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,550 $161,430 $0 $0
2015 $3,638 $112,980 $0 $0
2014 -- $105,340 $0 $0
2011 -- $93,800 $0 $0
Source: Public Records

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50202403

Michigan Multiple Listing Service

APN: 20-23-276-007

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