NOT LISTED FOR SALE

4053 Drexel Dr Troy, MI 48098

Estimated Value: $686,832 - $741,000

4 Beds
3.5 Baths
2,784 Sq Ft
$254/Sq Ft Est. Value

Last Sold March 20, 2024

Last sale price $630,000 $226 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,500/month

41 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Cul-De-Sac
  • Bemis Elementary School Rated A+
  • Ground Level Unit
  • 2 Car Attached Garage

About This Home

As of March 2024

Great 4 Bedroom 3 1/2 Bath Home in Move-in Condition. Freshly Painted Inside & Out. Large Eat-in kitchen, Formal Dining and Living Rooms, Family Room with Natural Fireplace and Door Wall Leading to Large Private Deck. First Floor Laundry. Primary Suite with Primary Bath and Large Walk-in-closet. Fully Finished Lower Level with Complete Kitchen and Full Bath. Private Yard with Sprinkler System. Peaceful Deck to Relax On. Windows 2014, High Efficient Furnace 2017 and Hot Water Heater 2018, Exterior Trim Siding, and Some New Concrete Slabs Have Been Replaced.

Last Agent to Sell the Property

William Moore

Realgistics License #6502332984 Listed on: 01/15/2024

Last Buyer's Agent

Nader Hersh

Epique Realty License #6501400845

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1991

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 100.00 x 191.00
  • Cul-De-Sac

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,784 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Patio

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2017351010
  • $2,000 Seller Concession

Community Details

Overview

  • Www.Somersetplaceintroy.Com Association
  • Somerset Place Sub No 2 Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,453

Year Built

Built in 1991

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1991
  • State Equalized Value: 238510.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 4284
  • Sq Ft Lower Floor: 1500
  • Total Sq Ft: 2784
  • Sq Ft Total Bsmt: 1518

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick, Wood
  • Foundation Materials: Poured
  • Frontage Feet: 100
  • Porch Type: Deck, Patio
  • Road Frontage Type: Cul-De-Sac

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Side Entrance, Electricity, Attached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: somersetplaceintroysecretary@gmail.com
  • Association Fee: 200
  • Association Contact: www.somersetplaceintroy.com
  • Association Fee: Yes

Schools

  • School District: Troy

Lot Info

  • Lot Size Area: 0.44
  • Lot Dimensions: 100.00 x 191.00
  • Parcel Number: 2017351010

Tax Info

  • Tax Amount Summer: 7037.0000
  • Tax Amount Winter: 2416.0000
  • Total Tax: 9453.0000
  • Taxable Value: 188550.0000

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
Mar 20, 2024
Sold by
Shah Jayshree
Bought by
Kim John
Seller's Agent
William Moore
Realgistics
Buyer's Agent
Nader Hersh
Epique Realty
List Price
$649,900
Sold Price
$630,000
Premium/Discount to List
-$19,900
-3.06%
Views
211
Current Estimated Value
$708,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,458
Avg. Annual Appreciation
8.31%
Original Mortgage
$465,000
Outstanding Balance
$458,079
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$250,380

Purchase Details

Closed on
Apr 2, 2008
Sold by
Shah Jayshree
Bought by
Shah Jayshree and Shah Shyam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2000
Sold by
Shah Sudhir
Bought by
Shah Jayshree
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
Kim John $630,000 None Listed On Document
Kim John $630,000 None Listed On Document
Shah Jayshree -- None Available
Shah Jayshree -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim John $465,000
Previous Owner Shah Jayshree $231,716
Previous Owner Shah Jayshree $272,000
Previous Owner Shah Jayshree $290,000
Previous Owner Shah Jayshree $287,000
Previous Owner Shah Jayshree $182,900
Previous Owner Shah Jayshree $178,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $630,000 -3.1% $226 / Sq Ft
02/25/2024 02/25/24 Pending -- -- --
01/15/2024 01/15/24 For Sale $649,900 0.0% $233 / Sq Ft
08/16/2020 08/16/20 Rented $2,500 0.0% --
08/06/2020 08/06/20 For Rent $2,500 0.0% --
05/01/2017 05/01/17 Rented $2,500 0.0% --
04/13/2017 04/13/17 Under Contract -- -- --
04/05/2017 04/05/17 For Rent $2,500 -- --
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 $5,849 $212,540 $0 $0
2015 $8,867 $184,860 $0 $0
2014 -- $173,370 $0 $0
2011 -- $164,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240002887

Realcomp

APN: 20-17-351-010