NOT LISTED FOR SALE

5388 Folkstone Dr Troy, MI 48085

Estimated Value: $465,330 - $512,000

3 Beds
3 Baths
1,762 Sq Ft
$276/Sq Ft Est. Value

Last Sold October 16, 2014

Last sale price $272,000 $154 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,138/month

8 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • No HOA
  • Martell Elementary School Rated A
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of October 2014

FINALLY! THE HOME YOU'VE BEEN WAITING ON HAS HIT THE MARKET. THIS BEAUTIFULLY REMODELED RANCH IS LOCATED ON A MAGNIFICENTLY LANDSCAPED OVER SIZED LOT. GREAT OPEN FLOOR PLAN, NEW KITCHEN WITH GRANITE & LARGE STONE FIREPLACE. 2 CAR GARAGE WITH LARGE DRIVEWAY, PARTIALLY FINISHED BASEMENT WITH BAR & FULL BATH. JUST MINUTES FROM SYLVAN LAKE PARK AND SYLVAN GLEN GOLF COURSE. GUARANTEED NOT TO LAST.

Last Agent to Sell the Property

Kimberly Luna

Brookstone, Realtors LLC License #6501352526 Listed on: 09/04/2014

Brookstone, Realtors LLC

Last Buyer's Agent

Diana Grober

KW Showcase Realty License #RCO-6501289066

KW Showcase Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1974

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100x140
  • Property fronts a private road
  • Corner Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,762 Sq Ft Home
  • Ceiling Fan
  • Great Room with Fireplace
  • Finished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Sylvan Glen Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2010327001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,766

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1974
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Locations: Great Room
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished, Partially Finished
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2762
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 1762
  • Sq Ft Total Bsmt: 1417

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 100
  • Porch Type: Deck, Porch, Porch - Covered
  • Road Frontage Type: Paved, Private, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Door Opener, Electricity, Side Entrance
  • 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: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Troy

Lot Info

  • Homestead: Yes
  • List Price per Acre: 890625.0000
  • Lot Features: Corner Lot
  • Lot Size Area: 0.32
  • Lot Dimensions: 100X140
  • Parcel Number: 2010327001

Tax Info

  • Tax Amount Summer: 3123.0000
  • Tax Amount Winter: 643.0000
  • Total Tax: 3766.0000

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2014
Closed on
Oct 16, 2014
Sold by
Myers Shannon and Myers Benjamin
Bought by
Stegman Erin and Stegman Ryan
Seller's Agent
Kimberly Luna
Brookstone, Realtors LLC
Buyer's Agent
Diana Grober
KW Showcase Realty
List Price
$285,000
Sold Price
$272,000
Premium/Discount to List
-$13,000
-4.56%
Current Estimated Value
$486,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,583
Avg. Annual Appreciation
5.52%
Original Mortgage
$251,750
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2011
Sold by
Gerbino Anthony Vincent
Bought by
Jones Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,614
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 10, 2008
Sold by
Dicosmo Frank and Dicosmo Delores
Bought by
Gerbino Anthony Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,325
Interest Rate
5.95%
Mortgage Type
FHA
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
Stegman Erin $272,000 Capital Title Ins Agency
Jones Shannon $173,000 Liberty Title
Gerbino Anthony Vincent $195,900 Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stegman Ryan $260,000
Closed Stegman Erin $232,650
Closed Stegman Erin $251,750
Previous Owner Jones Shannon $168,614
Previous Owner Gerbino Anthony Vincent $195,387
Previous Owner Gerbino Anthony Vincent $193,325
Previous Owner Dicosmo Claudio F $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2014 10/16/14 Sold $272,000 -4.6% $154 / Sq Ft
09/12/2014 09/12/14 Pending -- -- --
09/04/2014 09/04/14 For Sale $285,000 -- $162 / 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 $4,504 $166,930 $0 $0
2015 $4,725 $122,490 $0 $0
2014 -- $114,980 $0 $0
2011 -- $105,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Luna

    Seller's Agent in 2014

    Kimberly Luna

    Brookstone, Realtors LLC

    (248) 283-8029

    1 in this area

    31 Total Sales

    Kimberly Luna
    Section Image

  • D

    Buyer's Agent in 2014

    Diana Grober

    KW Showcase Realty

    (248) 360-2900

    10 Total Sales

    Diana Grober
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 214091885

Realcomp

APN: 20-10-327-001

Michigan Oakland County Troy 48085

5388 Folkstone Dr, Troy, MI

This home is located at 5388 Folkstone Dr, Troy, MI 48085 since 04 September 2014 and is currently estimated at $486,583, approximately $276 per square foot. This property was built in 1974. 5388 Folkstone Dr is a home located in Oakland County with nearby schools including Martell 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