NOT LISTED FOR SALE

5314 Wright Dr Troy, MI 48098

Estimated Value: $296,637 - $324,000

3 Beds
1 Bath
1,752 Sq Ft
$179/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $254,000 $145 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,942/month

15 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Ground Level Unit
  • Martell Elementary School Rated A+
  • Corner Lot
  • No HOA

About This Home

As of December 2023

Peaceful and tranquil setting w/mature trees surrounded by nature on a corner lot. Charm and character of yester-year welcomes you into this recently renovated home. Gorgeous hardwood floors and freshly painted throughout. Natural light abounds with many newer windows bringing the outside in. Spacious living room w/natural fireplace w/ gorgeous mantel & slate hearth opening to formal Dining Room w/doorway to decking. New kitchen designed for entertaining with an abundance of counterspace, SS appliances, glass tile backsplash & loads of cabinets. Beautiful wood staircase leading to 2nd floor w/3 bedrooms & ceramic full bath. 3rd bedroom has direct access to rooftop decking. (caution no railing). Oversized Laundry/Utility Room w/plenty of storage space. Private outdoor backyard perfect for outdoor living and relaxing on the deck. Nearly half an acre lot allows for many opportunities to expand. 2 car detached garage. Award winning Troy Schools. Amazing location conveniently located to major roads, restaurants and shopping.

Last Agent to Sell the Property

Jan Hays

Max Broock, REALTORS®-Bloomfield Hills License #6501189162 Listed on: 11/07/2023

Max Broock, REALTORS®-Bloomfield Hills

Last Buyer's Agent

John Lee

Real Estate One-Troy License #6501399662

Real Estate One-Troy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1934 | Remodeled in 2023

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 130x155
  • Corner Lot

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,752 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Crawl Space
  • Attic Fan

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Deck
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Beaver Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2009404006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,542

Year Built

Built in 1934 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1934
  • State Equalized Value: 115280.0000
  • Year Renovated: 2023
  • Entry Location: Ground Level
  • AgentOnly_ListPriceByAcre: 628260.8600
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Furnished - No
  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer
  • Total Sq Ft: 1752

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl, Slab
  • Construction Materials: Vinyl
  • Construction Features: Platted Sub.
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Side Entrance, Door Opener, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan, Ceiling Fan(s), Wall Unit(s)
  • Heating: Baseboard, Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Features: Corner Lot
  • Lot Size Area: 0.46
  • Lot Dimensions: 130X155
  • Parcel Number: 2009404006

Tax Info

  • Tax Amount Summer: 2136.0000
  • Tax Amount Winter: 406.0000
  • Total Tax: 2542.0000
  • Taxable Value: 72070.0000

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Dec 20, 2023
Sold by
Demick Barbara J
Bought by
Chen Selena X
Seller's Agent
Jan Hays
Max Broock, REALTORS®-Bloomfield Hills
Buyer's Agent
John Lee
Real Estate One-Troy
List Price
$289,000
Sold Price
$254,000
Premium/Discount to List
-$35,000
-12.11%
Views
149
Current Estimated Value
$313,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,409
Avg. Annual Appreciation
10.47%
Original Mortgage
$228,600
Outstanding Balance
$224,650
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$88,759

Purchase Details

Closed on
Apr 30, 2012
Sold by
Demick Barbara J
Bought by
Demick Jennifer L

Purchase Details

Closed on
Mar 2, 2012
Sold by
Demick Barbara J and Demick Richard L
Bought by
Demick Barbara J

Purchase Details

Closed on
Jan 11, 2012
Sold by
Oakland County Treasurer
Bought by
Demick Barbara
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chen Selena X $254,000 Capital Title
Chen Selena X $254,000 Capital Title
Chen Selena X $254,000 Capital Title
Demick Jennifer L -- None Available
Demick Barbara J -- None Available
Demick Barbara $864 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Selena X $228,600
Closed Chen Selena X $228,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2023 12/20/23 Sold $254,000 -12.1% $145 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
11/07/2023 11/07/23 For Sale $289,000 -- $165 / 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 $5,030 $114,520 $0 $0
2015 $2,345 $88,580 $0 $0
2014 -- $76,410 $0 $0
2011 -- $69,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jan Hays

    Seller's Agent in 2023

    Jan Hays

    Max Broock, REALTORS®-Bloomfield Hills

    (248) 644-4700

    3 in this area

    214 Total Sales

    Jan Hays
    Section Image

  • J

    Buyer's Agent in 2023

    John Lee

    Real Estate One

    Section Image
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Map

Source: Realcomp

MLS Number: 20230094929

Realcomp

APN: 20-09-404-006

Michigan Oakland County Troy 48098

5314 Wright Dr, Troy, MI

Not Listed for Sale

Detached

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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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