$900,000
SOLD DEC 13, 2024

1845 Sutton Place Dr Troy, MI 48098

5 Beds
3.5 Baths
3,449 Sq Ft
0.41 Acres

Recently Sold

$261 Per Sq Ft

25% Below List Price

45 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • 3.5 Car Attached Garage
  • Bemis Elementary School Rated A+
  • Porch
  • Stand-alone solar

About This Home

As of December 2024

Nestled in the prestigious Joseph Phillip Craig development of River Place in Troy, MI., this home embodies contemporary elegance. The open floor plan is ideal for hosting, every inch has been updated, showcasing modern sophistication. The grand staircase leads to the luxurious owner’s suite, featuring two expansive walk-in closets and an en-suite bathroom adorned with marble, a European shower, and Scavolini cabinetry. The remaining four bedrooms offer ample space for comfort and tranquility.This home boasts over $250,000 in recent upgrades. Highlights include $100,000 in new hardwood floors, updated light fixtures, fresh paint throughout, including the garage and garage flooring, and professional landscaping. Additionally, $25,000 was invested in office cabinetry and storage for optimal organization. The basement showcases luxury entertainment venues, offering a spacious rec room, a fifth bedroom with egress window, a full bath, and a kitchenette complete with sink, dishwasher, and ample counter space. Exterior maintenance is simplified with a full exterior painting and window caulking every four years, keeping curb appeal pristine. A new roof and gutter system, valued at $40,000, offers lasting peace of mind. Efficiency upgrades include a two-year-old water heater, and HVAC coil replaced three years ago. Newer stainless steel GE Profile appliances, are featured in both the main kitchen and basement.Additional notable features include a $70,000 solar system with a backup battery and a 25-year transferable warranty backed by Lloyd's of London, a $50,000 front water fountain and landscaping, $20,000 upper chimney rebuild, and a $15,000 exterior lighting system . The home is pre-approved for the addition of a sixth bedroom and full bath, with city approval already secured.Updates prior to 2015 include a stunning makeover of the main kitchen and owner’s bathroom. This home has been professionally cleaned and staged, ensuring a move-in ready experience.

Last Agent to Sell the Property

Mary Anne Kennedy

Selling Michigan Real Estate License #6502108521 Listed on: 10/11/2024

Last Buyer's Agent

Mike Mika

License #6504321113

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1991 | Remodeled in 2024

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 128.00 x 150

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 3.5 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 3,449 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Great Room with Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Solar Light Tubes

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • ENERGY STAR/CFL/LED Lights
  • Stand-alone solar
  • Solar Heating System

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

  • Heating system powered by renewable energy
  • Heating System Uses Natural Gas
  • Programmable Thermostat

Community Details

  • Https://Riverplacesub.Org/ Association, Phone Number (248) 641-3819
  • River Place Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2017351026

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,661

Year Built

Built in 1991 | Remodeled in 2024

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 3 Story
  • Year Built: 1991
  • State Equalized Value: 352430.0000
  • Year Renovated: 2024
  • Entry Location: Ground Level w/Steps
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: ENERGY STAR® Qualified Light Fixture(s), Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 18
  • Total Bedrooms: 5
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 5249
  • Sq Ft Lower Floor: 1800
  • Total Sq Ft: 3449
  • Sq Ft Total Bsmt: 1872

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: ENERGY STAR® Qualified Solar Light Tubes, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 128
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • Garage Size: 3.5 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas, Solar
  • Heating: ENERGY STAR® Qualified Furnace Equipment, ENERGY STAR®/ACCA RSI® Qualified Installation
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: 248-641-3819 (Elie)
  • Association Fee: 350
  • Association Contact: https://riverplacesub.org/
  • Association Fee: Yes

Schools

  • School District: Troy

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.41
  • Lot Dimensions: 128.00 x 150
  • Parcel Number: 2017351026

Green Features

  • Green Energy Efficient: Appliances, HVAC, Thermostat
  • Green Energy Generation: Solar

Tax Info

  • Tax Amount Summer: 10391.0000
  • Tax Amount Winter: 2270.0000
  • Total Tax: 12661.0000
  • Taxable Value: 351710.0000

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Dec 13, 2024
Sold by
Easparathasan Skandakumar and Skandakumar Piriyanthy
Bought by
Mikhael Qusay and Mika Valerie Hazim
Seller's Agent
Mary Anne Kennedy
Selling Michigan Real Estate
Buyer's Agent
Mike Mika
List Price
$1,199,999
Sold Price
$900,000
Premium/Discount to List
-$299,999
-25%
Views
103
Current Estimated Value
$929,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,568
Avg. Annual Appreciation
0.55%
Original Mortgage
$720,000
Outstanding Balance
$717,519
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$185,864

Purchase Details

Closed on
Apr 15, 2015
Sold by
Milner Donald A and Milner Karen P
Bought by
Easparathasan Skandakumar and Skandakumar Piriyanthy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,100
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Warranty Deed $900,000 First American Title
Warranty Deed $900,000 First American Title
Warranty Deed $621,000 Metro Hills Title Agency Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $720,000 New Conventional
Closed $720,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $191,500 Credit Line Revolving
Previous Owner $344,000 Unknown
Previous Owner $150,000 Credit Line Revolving
Previous Owner $77,750 Credit Line Revolving
Previous Owner $168,000 Credit Line Revolving
Previous Owner $145,500 Credit Line Revolving
Previous Owner $417,000 New Conventional
Previous Owner $41,674 Credit Line Revolving
Previous Owner $500,000 New Conventional
Previous Owner $548,100 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $900,000 -5.3% $261 / Sq Ft
11/26/2024 11/26/24 Pending -- -- --
11/21/2024 11/21/24 Price Changed $950,000 -5.0% $275 / Sq Ft
11/16/2024 11/16/24 Price Changed $999,999 -9.0% $290 / Sq Ft
11/07/2024 11/07/24 Price Changed $1,099,000 -8.4% $319 / Sq Ft
10/11/2024 10/11/24 For Sale $1,199,999 -- $348 / 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 $10,391 $325,390 $0 $0
2015 $10,900 $274,330 $0 $0
2014 -- $271,430 $0 $0
2011 -- $262,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240075522

Realcomp

APN: 20-17-351-026