NOT LISTED FOR SALE

4957 River Bank Ct Unit 3 Troy, MI 48085

Estimated Value: $727,000 - $805,000

4 Beds
3.5 Baths
2,918 Sq Ft
$267/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $482,625 $165 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,975/month

40 Days on Market

Highlights

  • Colonial Architecture
  • Patio
  • Forced Air Heating and Cooling System
  • Leonard Elementary School Rated A+
  • Sound System
  • 3 Car Garage

About This Home

As of September 2016

Charming and bright east facing home in desirable River Bank Court Community. Located on Troy High side of Troy. This home has a fully finished basement with a full bar, den, full bathroom and entertainment theater. Upon entrance you will notice a grand 2-Story Foyer, 2 Story Great room and plenty of charming wainscoting. The home has an open floor plan with wide hallways. The kitchen and all of the bathrooms feature exotic granite and elegant lighting fixtures. The master retreat features high cathedral ceilings, large walk-in, custom master bath. Cleaning will be a breeze with the Central Vacuuming System. Living room is wired for Dolby 5.1, in-wall rear surround speakers and Polkaudio front speakers. Master bedroom is wired for Dolby 5.1, also, has 4 Polkaudio ceiling speakers. Entertainment theater in the basement features in-wall Polkaudio speakers, ceiling speakers and 106” projector screen.

Last Agent to Sell the Property

Arban Stafa

TollBrook Brokerage LLC License #6502405808 Listed on: 08/04/2016

Last Buyer's Agent

Arban Stafa

TollBrook Brokerage LLC License #6502405808 Listed on: 08/04/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2004

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 56x162

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,918 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Gas Fireplace
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Interior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Patio

Utilities

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

Community Details

  • River Bend Of Troy Occpn 1577 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2015205003

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,002

Year Built

Built in 2004

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Sound System
  • Fireplace Fuel: Gas
  • Room Count: 16
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Finished, Interior Entry (Interior Access)
  • Kitchen Appliances: Dishwasher, Refrigerator, Range/Stove
  • Sq Ft Combined: 4368
  • Sq Ft Lower Floor: 1450
  • Total Sq Ft: 2918
  • Sq Ft Total Bsmt: 1450

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Foundation Materials: Poured
  • Frontage Feet: 56
  • Porch Type: Patio
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Side Entrance
  • 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: Annually
  • Association Fee: 600
  • Association Fee: No

Schools

  • School District: Troy

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2379680.9524
  • Lot Size Area: 0.21
  • Lot Dimensions: 56X162
  • Parcel Number: 2015205003

Tax Info

  • Tax Amount Summer: 4928.0000
  • Tax Amount Winter: 1074.0000
  • Total Tax: 6002.0000

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2016
Closed on
Sep 23, 2016
Sold by
Chandrashekar Alaiah and Chandrashekar Nagashree
Bought by
Singh Harpreet and Kaur Mandeep
Seller's Agent
Arban Stafa
TollBrook Brokerage LLC
Buyer's Agent
Arban Stafa
TollBrook Brokerage LLC
List Price
$507,933
Sold Price
$482,625
Premium/Discount to List
-$25,308
-4.98%
Current Estimated Value
$778,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,258
Avg. Annual Appreciation
5.44%
Original Mortgage
$384,000
Outstanding Balance
$177,763
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$601,120

Purchase Details

Closed on
Jul 15, 2010
Sold by
Chandrashekar Alaiah and Chandrashekar Nagashree
Bought by
Chandrashekar Alaiah and Chandrashekar Nagashree

Purchase Details

Closed on
Sep 2, 2005
Sold by
Harrington Park Development Llc
Bought by
Chandrashekar Alaiah and Chandrashekar Nagashree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Singh Harpreet $482,625 Madison Settlement Svcs Llc
Chandrashekar Alaiah -- None Available
Chandrashekar Alaiah $465,624 Greco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Harpreet $384,000
Previous Owner Chandrashekar Alaiah $250,000
Closed Chandrashekar Alaiah $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2016 09/23/16 Sold $482,625 -3.4% $165 / Sq Ft
08/12/2016 08/12/16 Price Changed $499,733 -1.6% $171 / Sq Ft
08/04/2016 08/04/16 For Sale $507,933 -- $174 / 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 $8,388 $269,900 $0 $0
2015 $8,799 $211,420 $0 $0
2014 -- $192,780 $0 $0
2011 -- $196,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Arban Stafa

    TollBrook Brokerage LLC

    (833) 865-5275

    5 in this area

    14 Total Sales

    Arban Stafa
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 216078074

Realcomp

APN: 20-15-205-003

Michigan Oakland County Troy 48085

4957 River Bank Ct Unit 3, Troy, MI

This home is located at 4957 River Bank Ct Unit 3, Troy, MI 48085 since 04 August 2016 and is currently estimated at $778,883, approximately $266 per square foot. This property was built in 2004. 4957 River Bank Ct Unit 3 is a home located in Oakland County with nearby schools including Leonard Elementary School, Smith Middle School, and Troy 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
Copyright 2025 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

Nearby Homes