NOT LISTED FOR SALE

4077 Summerfield Dr Unit 25 Troy, MI 48085

Estimated Value: $516,770 - $551,000

3 Beds
4 Baths
2,642 Sq Ft
$365/mo HOA Fee

Last Sold October 04, 2017

Last sale price $315,000 $119 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,755/month

16 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Gas Fireplace
  • Hill Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of October 2017

ELEGANT 2003 BUILT, EAST FACING, VERY WELL MAINTAINED CUL-DE-SAC CONDO WITH HIGH CEILING, FRONT COURT YARD AND LARGE DECK IN THE BACK. SPACIOUS KITCHEN W/ STAINLESS STEEL APPLIANCES AND PLENTY OF CABINET SPACE W/ CENTER ISLAND & PANTRY. HARDWOOD FLOORS IN FOYER, GREAT ROOM (GAS FP), FORMAL DINING AND POWDER ROOM. ENTRY LEVEL MASTER SUITE WITH A WALK IN CLOSET. UPPER LEVEL: 2 BEDROOMS, FULL BATH, DEN/LOFT AND BONUS ROOM OVERLOOKING THE GREAT ROOM. PROFESSIONALLY FINISHED BASEMENT PERFECT FOR ENTERTAINING W/ HOME-THEATRE, BAR & ROOM FOR A HALF BATH. CLOSE PROXIMITY TO RESTAURANTS AND SHOPPING AND AWARD WINNING TROY SCHOOLS. ALL THE MEASUREMENTS ARE APPROXIMATE. LICENSED AGENT MUST BE AT ALL SHOWINGS.

Showings Starts from Monday June 26th

Last Agent to Sell the Property

Bhavani Bharadwaj

Keller Williams Somerset License #6501369768 Listed on: 06/24/2017

Keller Williams Somerset

Last Buyer's Agent

Krishna Narasareddy

Community Choice Realty Associates, LLC License #6501323562

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2003

HOA Fees

  • $365 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,642 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Great Room with Fireplace
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

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

Community Details

  • Association Phone (248) 655-1500
  • The Enclave Of Troy Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2013351052

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,996

Year Built

Built in 2003

Lot Details

0

HOA Fees

$365 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 3942
  • Sq Ft Lower Floor: 1300
  • Total Sq Ft: 2642
  • Sq Ft Total Bsmt: 1615

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Door Opener
  • 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 Frequency: Monthly
  • Phone: 248-655-1500
  • Association Fee: 365
  • Association Fee: Yes

Schools

  • School District: Troy

Lot Info

  • Homestead: Yes
  • Parcel Number: 2013351052

Tax Info

  • Tax Amount Summer: 3256.0000
  • Tax Amount Winter: 740.0000
  • Total Tax: 3996.0000

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2017
Sold by
Yendluri Ramesh C and Yendluri Lakshmi Sindhura
Bought by
Ramachandrapurapu Camsi and Nannuru Mrunalini
Current Estimated Value
$537,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 21, 2016
Closed on
Apr 1, 2016
Sold by
Kotnis Ashish and Kotnis Shweta A
Bought by
Yendluri Ramesh C and Yendluri Lakshmi Sindhura
Seller's Agent
Mrunal Deshmukh
Century 21 Row-WB
Buyer's Agent
Mrunal Deshmukh
Century 21 Row-WB
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$285,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2008
Sold by
Federal National Mortgage Association
Bought by
Kotnis Ashish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,900
Interest Rate
5.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 1, 2008
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 29, 2008
Sold by
Townsel Felicia B
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
May 4, 2004
Sold by
The Enclave Of Troy Llc
Bought by
Townsel Felicia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,900
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2003
Sold by
Gulf John R Llc
Bought by
The Enclave Of Troy Llc
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
Ramachandrapurapu Camsi $315,000 Leading Edge Title Agency
Yendluri Ramesh C $300,000 Interstate Title Inc
Kotnis Ashish $201,000 Warranty Title Agency Llc
Federal National Mortgage Association -- None Available
Mortgage Electronic Registration Systems $296,036 None Available
Townsel Felicia B $325,717 --
The Enclave Of Troy Llc -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yendluri Ramesh C $285,000
Previous Owner Townsel Felicia B $322,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2017 10/04/17 Sold $315,000 -1.6% $119 / Sq Ft
07/10/2017 07/10/17 Pending -- -- --
06/24/2017 06/24/17 For Sale $320,000 +6.7% $121 / Sq Ft
04/01/2016 04/01/16 Sold $300,000 -7.7% $114 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $325,000 -- $123 / 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 $5,209 $163,520 $0 $0
2015 $5,601 $136,500 $0 $0
2014 -- $157,150 $0 $0
2011 -- $119,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217054301

Realcomp

APN: 20-13-351-052