NOT LISTED FOR SALE

4892 Rivers Edge Dr Troy, MI 48098

Estimated Value: $687,000 - $828,000

3 Beds
3.5 Baths
2,665 Sq Ft
$283/Sq Ft Est. Value

Last Sold September 12, 2024

Last sale price $665,000 $250 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,741/month

4 Days on Market

Highlights

  • Water Views
  • Deck
  • Circular Driveway
  • Schroeder Elementary School Rated A+
  • Ranch Style House
  • 3 Car Direct Access Garage

About This Home

As of September 2024

Welcome to this Rare Opportunity in Oak River Sub! The Second Owner of this Property is Offering this Ranch Home with Daylight Basement, Water View, 3 Bedrooms, 3.5 Baths and 3 Car Garage on a Premium Lot backing to the Commons Area and Rouge River tributary. Award-winning Troy Schools - Schroeder Elem, Boulan Middle and Troy High. Approach the Home through the Garden Courtyard and enter the Impressive Foyer with Coffered Ceiling and Open Staircase to the Daylight Lower Level. The Great Room has Beamed Cathedral Ceiling, Impressive Gas Fireplace, floor to ceiling Casement Windows and a Great View of the Backyard. The Kitchen with Corian Countertops and Breakfast Nook have Hardwood Floors, all Appliances included, Center Island, Crown Mouldings, Pantry Closet and lots of space for Gathering. The adjoining Office/Media/Flex room invites lots of light with Windows on Three Sides and has door leading to the Deck. The Primary Bedroom Suite has a Spacious Bathroom with double Sinks, Separate Tub and Shower, Cathedral Ceiling and His and Hers Walk-in Closets. The 2nd Bedroom offering two closets, and 3rd Bedroom are both a Roomy 14x11. First Floor Laundry. The Daylight Lower Level offers Huge Potential, Third Full Bath, Workshop with 220 outlets, and Excellent Storage with Shelving. Basement Waterproofing by FSM completed in 2024, including New Sump Pump. Furnace and Central Air less than 6 yrs old. Over-sized Driveway and Side-Facing 3 Car Garage lead to Deck, Expansive Backyard and Wonderful Nature Views. Don't Wait on this Unique Opportunity!

Last Agent to Sell the Property

David McCafferty

Real Estate One-Rochester License #6501282160 Listed on: 08/08/2024

Real Estate One-Rochester

Last Buyer's Agent

William Ervin

KW Domain License #6501414772

KW Domain

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1984

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 110.00 x 150.00
  • Sprinkler System

HOA Fees

  • $19 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,665 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • Water Views

Kitchen

  • Convection Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Sump Pump
  • Natural lighting in basement

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • Circular Driveway

Outdoor Features

  • Deck
  • Porch

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2018228006

Community Details

Overview

  • Www.Oakriverwest.Org Association
  • Oak River Sub No 1 Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,585

Year Built

Built in 1984

Lot Details

0.38 Acres

HOA Fees

$19 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1984
  • State Equalized Value: 345730.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: 220 Volts, Cable Available, Circuit Breakers, Entrance Foyer
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Unfinished
  • Kitchen Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Free-Standing Refrigerator, Microwave, Trash Compactor, Washer
  • Total Sq Ft: 2665

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Side Entrance, Attached, Circular Drive
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), 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

  • Association Fee Frequency: Annually
  • Phone: oakriver48098@gmail.com
  • Association Fee: 233
  • Association Contact: www.oakriverwest.org
  • Association Fee: Yes

Lot Info

  • Lot Features: Sprinkler(s), Water View
  • Lot Size Area: 0.38
  • Lot Dimensions: 110.00 x 150.00
  • Parcel Number: 2018228006

Tax Info

  • Tax Amount Summer: 10727.0000
  • Tax Amount Winter: 1858.0000
  • Total Tax: 12585.0000
  • Taxable Value: 287940.0000

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Sep 12, 2024
Sold by
Burt C Martens Residuary Trust and Clark Kathy Martens
Bought by
Campbell Andrew and Campbell Amy
Seller's Agent
David McCafferty
Real Estate One-Rochester
Buyer's Agent
William Ervin
KW Domain
List Price
$659,000
Sold Price
$665,000
Premium/Discount to List
$6,000
0.91%
Views
22
Current Estimated Value
$754,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,326
Avg. Annual Appreciation
8.59%
Original Mortgage
$532,000
Outstanding Balance
$524,985
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$229,341

Purchase Details

Closed on
Nov 22, 2004
Sold by
Martens Patricia V and Burt C Martens Living Trust
Bought by
Martens Patricia and Clark Kathy Martens

Purchase Details

Closed on
Mar 27, 2001
Sold by
Martens Burt and Martens Patricia
Bought by
Martens Burt C and Martens Patricia V
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Campbell Andrew $665,000 Capital Title
Martens Patricia -- --
Martens Burt C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Andrew $532,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2024 09/12/24 Sold $665,000 +0.9% $250 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $659,000 -- $247 / 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 $10,728 $300,650 $0 $0
2015 $8,924 $265,360 $0 $0
2014 -- $246,820 $0 $0
2011 -- $224,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240057784

Realcomp

APN: 20-18-228-006

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