NOT LISTED FOR SALE

4040 Summerfield Dr Unit 1 Troy, MI 48085

Estimated Value: $532,000 - $577,000

3 Beds
3.5 Baths
2,671 Sq Ft
$365/mo HOA Fee

Highlights

  • Colonial Architecture
  • Jetted Tub in Primary Bathroom
  • 2 Car Direct Access Garage
  • Hill Elementary School Rated A
  • End Unit
  • Patio

About This Home

As of September 2020

Nov. 1 Possession (negotiable). Amazing end unit condo with upgrades gallore! Open concept boasting natural light with floor to ceiling windows. Unique architecture with custom columns and light fixtures, 12' ceilings in family room & kitchen and 2 story entry in living room! First floor Master Suite with private full bath. Second floor with spacious loft sitting area overlooking first floor, bonus/study room, plus 2 large bedrooms and full bath. Beautifully finished basement with third full bath, custom bar and gaming area (landlord is leaving pool table and dart board for tenant to enjoy), and good size storage area as well. Best location in complex with spacious yard and plenty of privacy to enjoy the marvelous custom paver stone patio with glass stone gas fire pit. No Pets. Remove shoes outside when viewing home. Landlord req. tenants to have a min. credit score of 720, fully completed lease app., 2 most recent pay stubs & current Credit Report(s) w/ all pages incl. credit score.

Last Agent to Rent the Property

Wendy Martin

Coldwell Banker Professionals Birm License #6501383583 Listed on: 09/08/2020

Coldwell Banker Professionals Birm

Last Renter's Agent

Jacob Riberas

License #6501418227

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,531

Year Built

  • Built in 2001

Lot Details

  • Property fronts a private road
  • End Unit
  • Private Entrance
  • Sprinkler System

HOA Fees

  • $365 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 2,671 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Great Room with Fireplace
  • Security System Owned

Kitchen

  • Built-In Electric Oven
  • Gas Cooktop
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Parking

  • 2 Car Direct Access Garage
  • Lighted Parking

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

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

Additional Features

  • ENERGY STAR/CFL/LED Lights
  • Ground Level

Listing and Financial Details

  • Security Deposit $4,425
  • 12 Month Lease Term
  • Assessor Parcel Number 2013351027

Community Details

Overview

  • Rob Graves/Casa Bella Property Management Association, Phone Number (248) 655-1500
  • The Enclave Of Troy Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,531

Year Built

Built in 2001

Lot Details

0

HOA Fees

$365 per month

Rental Info

  • Lease Type: Condominium
  • Rent Includes: Trash Collection (Garbage Pickup), Snow Removal, Yard Maintenance
  • Security Deposit: 4425.00
  • Tenant Amenities: Laundry In-Unit, Wi-Fi Available

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial, End Unit
  • Architecture Level: 2 Story
  • Year Built: 2001
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, ENERGY STAR® Qualified Light Fixture(s), High Spd Internet Avail, Humidifier, Jetted Tub, Programmable Thermostat, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 14
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Common, Finished, Interior Entry (Interior Access)
  • Kitchen Appliances: Gas Cooktop, Disposal, ENERGY STAR® qualified dryer, Ice Maker, Microwave, Built-In Electric Oven, ENERGY STAR® qualified refrigerator, Free-Standing Refrigerator, Vented Exhaust Fan, ENERGY STAR® qualified washer
  • Sq Ft Combined: 4171
  • Sq Ft Lower Floor: 1500
  • Total Sq Ft: 2671
  • Sq Ft Total Bsmt: 1605

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Stone, Wood
  • Exterior Features: Grounds Maintenance, Lighting, Private Entry
  • Foundation Materials: Poured
  • Porch Type: Patio
  • Road Frontage Type: Private
  • Sideof Street: E

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Electricity, Side Entrance
  • Garage: Yes
  • MF Parking: Lighted, Paved

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

  • HOA Fee Includes: Maintenance Grounds, Pest Control, Snow Removal, Trash
  • Association Fee Frequency: Monthly
  • Phone: 248-655-1500
  • Association Fee: 365
  • Association Contact: Rob Graves/Casa Bella Property Management
  • Association Fee: Yes

Fee Information

  • Additional Fee: 300.00

Schools

  • School District: Troy

Lot Info

  • Lot Features: Level, Sprinkler(s)
  • Parcel Number: 2013351027

Multi Family

  • Length of Lease: 12 Months

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2022
Sold by
Reddy Gall Venkata Nagendra and Reddy Thriveni
Bought by
Veera Venkata Satya Surya and Saladi Sravanthi
Current Estimated Value
$549,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Outstanding Balance
$409,129
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$170,096

Purchase Details

Closed on
Sep 4, 2015
Sold by
Dassatt Gary D and Dassatt Joan M
Bought by
Gali Venkata Nagendra Reddy and Boreddy Thriveni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,450
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Veera Venkata Satya Surya $480,000 None Listed On Document
Gali Venkata Nagendra Reddy $315,000 Fpt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veera Venkata Satya Surya $427,500
Previous Owner Gali Venkata Nagendra Reddy $295,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2020 09/23/20 Rented $2,950 0.0% --
09/17/2020 09/17/20 Under Contract -- -- --
09/08/2020 09/08/20 For Rent $2,950 -- --
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 $5,531 $173,480 $0 $0
2015 $5,657 $143,570 $0 $0
2014 -- $165,580 $0 $0
2011 -- $125,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Landlord's Agent in 2020

    Wendy Martin

    Coldwell Banker Professionals Birm

    (248) 644-6300

    1 in this area

    16 Total Sales

    Wendy Martin
    Section Image
  • Jacob Riberas

    Tenant's Agent in 2020

    Jacob Riberas

    (248) 709-0424

    1 in this area

    44 Total Sales

    Jacob Riberas
    Section Image
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Map

Source: Realcomp

MLS Number: 2200073552

Realcomp

APN: 20-13-351-027

Michigan Oakland County Troy 48085

4040 Summerfield Dr Unit 1, Troy, MI

This home is located at 4040 Summerfield Dr Unit 1, Troy, MI 48085 since 08 September 2020 and is currently priced at $549,398. This property was built in 2001. 4040 Summerfield Dr Unit 1 is a home located in Oakland County with nearby schools including Hill Elementary School, Larson Middle School, and Athens High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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