NOT LISTED FOR SALE

345 Cherry Dr Troy, MI 48083

Estimated Value: $574,000 - $679,000

2 Beds
1 Bath
682 Sq Ft
$923/Sq Ft Est. Value

Last Sold June 25, 2014

Last sale price $70,000 $103 Per Sq Ft

Est. 799% increase in value since last sale

Current estimated payment $4,050/month

133 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 2 Car Garage
  • Morse Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • 5-minute walk to Robinwood Park

About This Home

As of June 2014

Prime Troy/Troy schools building opportunity! Several New Home sales in the neighborhood. Cash offers only, No showings. Owner is listing agent.

Last Agent to Sell the Property

Brian Gregory

Keller Williams Paint Creek License #6501361882 Listed on: 02/05/2014

Keller Williams Paint Creek

Last Buyer's Agent

Ronald Husack

Signature Sotheby's International Realty Bham License #RCO-6501053975

Signature Sotheby's International Realty Bham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1921

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 53x130

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 682 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • No Home Owners Association
  • Greenough Heights Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2027181016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,150

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 154.04
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 682
  • Total Sq Ft: 682

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 53
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • 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: No

Schools

  • School District: Troy

Lot Info

  • Homestead: Yes
  • List Price per Acre: 562500.0000
  • Lot Size Area: 0.16
  • Lot Dimensions: 53X130
  • Parcel Number: 2027181016

Tax Info

  • Tax Amount Summer: 977.0000
  • Tax Amount Winter: 173.0000
  • Total Tax: 1150.0000

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2014
Sold by
Agnetti Michael
Bought by
Naidu Arun
Current Estimated Value
$629,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
4.23%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 5, 2014
Closed on
Jun 20, 2014
Sold by
Gregory Brian W
Bought by
Agnetti Michael
Seller's Agent
Brian Gregory
Keller Williams Paint Creek
Buyer's Agent
Ronald Husack
Signature Sotheby's International Realty Bham
List Price
$90,000
Sold Price
$70,000
Premium/Discount to List
-$20,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.68%

Purchase Details

Closed on
Nov 12, 2009
Sold by
Stapleton Lillie Mae and Stapleton Lillie
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 4, 2007
Sold by
Stapleton Franklin Duane and Stapleton Robert
Bought by
Stapleton Lillie Mae and Stapleton Lillie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
5.99%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 27, 2006
Sold by
Stapleton Franklin Duane and Stapleton Robert
Bought by
Stapleton Lillie and Stapleton Franklin Duane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,200
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2002
Sold by
Stapleton Franklin D
Bought by
Stapleton Franklin D
Source: Public Records

Range of Values:

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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
Naidu Arun $70,000 Liberty Title
Agnetti Michael $70,000 Liberty Title
Federal National Mortgage Association -- None Available
Stapleton Lillie Mae -- Metro West Title Agency
Stapleton Lillie -- Lsi
Stapleton Franklin D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naidu Arun $232,722
Closed Naidu Arun $25,000
Closed Naidu Arun $301,700
Closed Naidu Arun $306,000
Previous Owner Stapleton Lillie Mae $187,500
Previous Owner Stapleton Lillie $56,200
Previous Owner Stapleton Franklin D $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2014 06/25/14 Sold $70,000 -22.2% $103 / Sq Ft
06/18/2014 06/18/14 Pending -- -- --
02/05/2014 02/05/14 For Sale $90,000 -- $132 / 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 $6,205 $218,360 $0 $0
2015 $6,509 $90,620 $0 $0
2014 -- $43,280 $0 $0
2011 -- $38,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214010242

Realcomp

APN: 20-27-181-016