NOT LISTED FOR SALE

5427 Folkstone Dr Troy, MI 48085

Estimated Value: $440,000 - $490,000

4 Beds
2.5 Baths
1,828 Sq Ft
$257/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $262,000 $143 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,024/month

69 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • 2 Car Attached Garage
  • Martell Elementary School Rated A
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

As of June 2016

Outstanding 1828 Sq Ft. 4 bedroom colonial home in quite neighborhood. New paint throughout 2016. Nice white cabinets in kitchen. Granite counters top 2012. Sump pump 2013. STV 2012. Newer carpet 2011. Newer roof 2008. Harwood floor in living, dining and kitchen. Two and half bath. Partial finished basement. West Troy School (Martel, Smith and Troy High School). Move in condition. Summer & winter tax are rental property tax.

Last Agent to Sell the Property

Jianqi He

Bluesky Realty Referrals LLC License #6501321011 Listed on: 03/04/2016

Last Buyer's Agent

Maria Garcia

EXP Realty Rochester License #RCO-6501360567

EXP Realty Rochester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1973

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 100x135

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,828 Sq Ft Home
  • 2-Story Property
  • Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Sylvan Glen Sub Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2010326002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,828

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Warranty: Yes
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2528
  • Sq Ft Lower Floor: 700
  • Total Sq Ft: 1828
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Poured
  • Frontage Feet: 100
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • 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: 867741.9355
  • Lot Size Area: 0.31
  • Lot Dimensions: 100X135
  • Parcel Number: 2010326002

Tax Info

  • Tax Amount Summer: 3583.1400
  • Tax Amount Winter: 1244.9300
  • Total Tax: 4828.0700

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2016
Closed on
Jun 24, 2016
Sold by
Lin Shuguang and Lin Amy Fu
Bought by
Mcdonald Michael A
Seller's Agent
Jianqi He
Bluesky Realty Referrals LLC
Buyer's Agent
Maria Garcia
EXP Realty Rochester
List Price
$269,000
Sold Price
$262,000
Premium/Discount to List
-$7,000
-2.6%
Current Estimated Value
$468,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,958
Avg. Annual Appreciation
6.11%
Original Mortgage
$256,272
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 21, 1994
Sold by
Shalda James G
Bought by
Cao Ziaorui and Zhang Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
8.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Mcdonald Michael A $262,000 Crossroads Title
Cao Ziaorui $165,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Michael A $237,200
Closed Mcdonald Michael A $256,272
Previous Owner Lin Shuguang $117,000
Previous Owner Lin Shuguang $130,000
Previous Owner Lin Shuguang $137,000
Previous Owner Cao Ziaorui $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2016 06/24/16 Sold $262,000 -2.6% $143 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $269,000 0.0% $147 / Sq Ft
04/30/2016 04/30/16 Pending -- -- --
04/25/2016 04/25/16 Price Changed $269,000 -2.1% $147 / Sq Ft
03/04/2016 03/04/16 For Sale $274,900 0.0% $150 / Sq Ft
07/28/2012 07/28/12 Rented $1,850 +3.4% --
06/18/2012 06/18/12 Under Contract -- -- --
06/03/2012 06/03/12 For Rent $1,790 -- --
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 $4,717 $153,960 $0 $0
2015 $4,872 $113,950 $0 $0
2014 -- $107,400 $0 $0
2011 -- $99,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jianqi He

    Bluesky Realty Referrals LLC

    Section Image
  • Maria Garcia

    Buyer's Agent in 2016

    Maria Garcia

    EXP Realty Rochester

    (810) 599-6838

    16 in this area

    85 Total Sales

    Maria Garcia
    Section Image

  • D

    Buyer's Agent in 2012

    David Smith

    Max Broock, REALTORS®-Birmingham

    Section Image
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Map

Source: Realcomp

MLS Number: 216020362

Realcomp

APN: 20-10-326-002

Michigan Oakland County Troy 48085

5427 Folkstone Dr, Troy, MI

This home is located at 5427 Folkstone Dr, Troy, MI 48085 since 04 March 2016 and is currently estimated at $468,958, approximately $256 per square foot. This property was built in 1973. 5427 Folkstone Dr is a home located in Oakland County with nearby schools including Martell Elementary School, Smith Middle School, and Troy High School.

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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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