NOT LISTED FOR SALE

2506 Ridge Dr Troy, MI 48098

Estimated Value: $626,361 - $727,000

4 Beds
2.5 Baths
2,691 Sq Ft
$245/Sq Ft Est. Value

Last Sold June 22, 2020

Last sale price $438,000 $163 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,260/month

67 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • No HOA
  • Hamilton Elementary School Rated A+
  • Ground Level Unit
  • Covered Patio or Porch

About This Home

As of June 2020

Beautiful house in pristine condition, a great home, plus outstanding Troy school system. Foyer with ceramic tile floors, beautiful stone fireplace, living room with custom shutters, that opens to a spacious dining room. A kitchen where everything looks brand new, with porcelain floors, walnut cabinetry, granite tops, like-new appliances. A library with wood floors and large windows. Just a few upgrades-- Anderson windows, hot water tank, furnace and A/C less than five years old, new roof and gutters less than six years old, even the garage has custom-built cabinets to hide any tools. Large, private, and beautifully landscaped yard. You will feel glad to have it shown to you! (Excludes all outdoor decorative concrete items and statues, and basement refrigerator.)

Last Agent to Sell the Property

Georgia Heppard Markoul

Mutual Realty, LLC License #6501135025 Listed on: 02/24/2020

Last Buyer's Agent

Alfred Phillips

Realty Professionals License #6502367190

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1974

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 136.00x180.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,691 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Finished Basement
  • Sump Pump
  • Security System Owned

Kitchen

  • Double Convection Oven
  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2007401001

Community Details

Overview

  • No Home Owners Association
  • Windridge Sub Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,146

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1974
  • State Equalized Value: 188920.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Humidifier, Programmable Thermostat, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 16
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Electric Cooktop, Dishwasher, Dryer, Exhaust Fan, Microwave, Convection Oven, Double Oven, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 3591
  • Sq Ft Lower Floor: 900
  • Total Sq Ft: 2691
  • Sq Ft Total Bsmt: 1437

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Stucco
  • Exclusions: Yes
  • Foundation Materials: Poured
  • Frontage Feet: 136
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 2+ Assigned Spaces, Attached, Direct Access, Door Opener, Electricity
  • 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: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Troy

Lot Info

  • Homestead: Yes
  • List Price per Acre: 820357.1429
  • Lot Size Area: 0.56
  • Lot Dimensions: 136.00X180.00
  • Parcel Number: 2007401001

Tax Info

  • Tax Amount Summer: 4204.0000
  • Tax Amount Winter: 942.0000
  • Total Tax: 5146.0000
  • Taxable Value: 138970.0000

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Jun 22, 2020
Sold by
Karris Gregory and Karris Sandra
Bought by
Vallee Russel G and Vallee Noelle
Seller's Agent
Georgia Heppard Markoul
Mutual Realty, LLC
Buyer's Agent
Alfred Phillips
Realty Professionals
List Price
$459,900
Sold Price
$438,000
Premium/Discount to List
-$21,900
-4.76%
Current Estimated Value
$660,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,590
Avg. Annual Appreciation
7.83%
Original Mortgage
$372,300
Outstanding Balance
$331,470
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$316,284
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
Vallee Russel G $438,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vallee Russell G $115,000
Open Vallee Russel G $372,300
Previous Owner Karris Gregory $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2020 06/22/20 Sold $438,000 -4.7% $163 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
03/12/2020 03/12/20 Price Changed $459,400 -0.1% $171 / Sq Ft
02/24/2020 02/24/20 For Sale $459,900 -- $171 / 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 $6,546 $209,410 $0 $0
2015 $7,083 $179,820 $0 $0
2014 -- $154,720 $0 $0
2011 -- $121,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alfred Phillips

    Buyer's Agent in 2020

    Alfred Phillips

    Realty Professionals

    (586) 932-2660

    49 Total Sales

    Alfred Phillips
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Map

Source: Realcomp

MLS Number: 2200014904

Realcomp

APN: 20-07-401-001

Michigan Oakland County Troy 48098

2506 Ridge Dr, Troy, MI

This home is located at 2506 Ridge Dr, Troy, MI 48098 since 24 February 2020 and is currently estimated at $660,590, approximately $245 per square foot. This property was built in 1974. 2506 Ridge Dr is a home located in Oakland County with nearby schools including Hamilton Elementary School, Boulan Park Middle School, and Troy High School.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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