NOT LISTED FOR SALE

3540 Salem Rd Troy, MI 48084

Estimated Value: $602,907 - $712,000

3 Beds
2.5 Baths
2,160 Sq Ft
$298/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $625,000 $289 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,993/month

1 Day on Market

Highlights

  • Colonial Architecture
  • Deck
  • No HOA
  • Schroeder Elementary School Rated A+
  • Corner Lot
  • Stainless Steel Appliances

About This Home

As of August 2024

This home is located at 3540 Salem Rd, Troy, MI 48084 since 12 July 2024 and is currently estimated at $644,727, approximately $298 per square foot. This property was built in 1971. 3540 Salem Rd is a home located in Oakland County with nearby schools including Schroeder Elementary School, Boulan Park Middle School, and Troy High School.

Last Agent to Sell the Property

Marina LaRocca

Expert Realty Solutions Inc License #6501428157 Listed on: 07/12/2024

Last Buyer's Agent

Michael Mason

The Agency Hall & Hunter License #6501344708

The Agency Hall & Hunter

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1971 | Remodeled in 2016

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 115x140
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Chimney Cap

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Ceiling Fan
  • Entrance Foyer
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed
  • Rain Gutter Guard System

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2019252038

Community Details

Overview

  • No Home Owners Association
  • Somerset Estates Sub No 1 Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,084

Year Built

Built in 1971 | Remodeled in 2016

Lot Details

0.37 Acres

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1971
  • State Equalized Value: 201580.0000
  • Year Renovated: 2016
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Entrance Foyer, High Spd Internet Avail, Programmable Thermostat, Furnished - No
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer, Bar Fridge
  • Total Sq Ft: 2160

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Chimney Cap(s), Gutter Guard System
  • Foundation Materials: Poured
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Features: Corner Lot, Sprinkler(s)
  • Lot Size Area: 0.37
  • Lot Dimensions: 115x140
  • Parcel Number: 2019252038

Tax Info

  • Tax Amount Summer: 5995.0000
  • Tax Amount Winter: 1089.0000
  • Total Tax: 7084.0000
  • Taxable Value: 193270.0000

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Aug 8, 2024
Sold by
Larocca Matthew J and Larocca Luda
Bought by
Collins Matthew and Collins Annette
Seller's Agent
Marina LaRocca
Expert Realty Solutions Inc
Buyer's Agent
Michael Mason
The Agency Hall & Hunter
List Price
$599,900
Sold Price
$625,000
Premium/Discount to List
$25,100
4.18%
Views
35
Current Estimated Value
$644,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,727
Avg. Annual Appreciation
2.04%
Original Mortgage
$425,000
Outstanding Balance
$413,834
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$230,893

Purchase Details

Listed on
Mar 16, 2016
Closed on
Apr 27, 2016
Sold by
Fidler Robert Guy
Bought by
Larocca Matthew J and Larocca Luda
Seller's Agent
Jenny Makke
Silverstone Real Estate, LLC
Buyer's Agent
Uschi Lohr
Powell Real Estate
List Price
$324,900
Sold Price
$320,000
Premium/Discount to List
-$4,900
-1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Collins Matthew $625,000 None Listed On Document
Collins Matthew $625,000 None Listed On Document
Larocca Matthew J $320,000 Greco Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Matthew $425,000
Closed Collins Matthew $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2024 08/08/24 Sold $625,000 +4.2% $289 / Sq Ft
07/14/2024 07/14/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $599,900 +87.5% $278 / Sq Ft
04/27/2016 04/27/16 Sold $320,000 -1.5% $148 / Sq Ft View Prior Sale
03/22/2016 03/22/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $324,900 -- $150 / Sq Ft
Source: Realcomp

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 $5,996 $198,200 $0 $0
2015 $6,289 $159,420 $0 $0
2014 -- $135,970 $0 $0
2011 -- $111,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marina LaRocca

    Seller's Agent in 2024

    Marina LaRocca

    Expert Realty Solutions Inc

    (586) 277-1435

    1 in this area

    39 Total Sales

    Marina LaRocca
    Section Image
  • Michael Mason

    Buyer's Agent in 2024

    Michael Mason

    The Agency Hall & Hunter

    (248) 762-5180

    2 in this area

    141 Total Sales

    Michael Mason
    Section Image
  • Jenny Makke

    Seller's Agent in 2016

    Jenny Makke

    Silverstone Real Estate, LLC

    (248) 550-6689

    8 in this area

    119 Total Sales

    Jenny Makke
    Section Image

  • U

    Buyer's Agent in 2016

    Uschi Lohr

    Powell Real Estate

    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240041555

Realcomp

APN: 20-19-252-038

Michigan Oakland County Troy 48084

3540 Salem Rd, Troy, MI

Not Listed for Sale

Detached

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 Realcomp II Ltd. Shareholders
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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