NOT LISTED FOR SALE

5493 Shale Dr Troy, MI 48085

Estimated Value: $494,000 - $594,000

4 Beds
4 Baths
2,312 Sq Ft
$236/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $501,000 $217 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,411/month

1 Day on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • 2 Car Attached Garage
  • Wass Elementary School Rated A+
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of October 2021

Beautiful brick colonial with an attractive elevation, charming covered front porch, and a lovely back yard. Enter home to foyer that leads you through an amazing floorplan. Sizeable living room opens to formal dining room. Kitchen with granite countertops, ample cabinetry, and practical island leads to dining area and a spacious family room with fireplace and cathedral ceiling. Doorwall from kitchen leads to the gorgeous backyard with brick paver patio and a gazebo. Conveniently located laundry and mudroom off the garage and a half bath complete the entry level. Upstairs boasts a huge master suite with private master bath and walk-in-closet. Three other bedrooms and second full bath on second floor. Finished basement adds tons of additional living space with a sitting area, recreational area, and a bar!

Last Agent to Sell the Property

Matthew Abro

Silverstone Real Estate, LLC License #6501404249 Listed on: 09/17/2021

Co-Listed By

Jenny Makke

Silverstone Real Estate, LLC License #6502392737

Last Buyer's Agent

Jyoti Gupta

New Michigan Realty, LLC License #RCO-6501401458

New Michigan Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1998

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 86.00x113.00

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,312 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Sump Pump

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association
  • Stonecrest Sub No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2012427027

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,220

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1998
  • State Equalized Value: 177890.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 3212
  • Sq Ft Lower Floor: 900
  • Total Sq Ft: 2312
  • Sq Ft Total Bsmt: 1100

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Foundation Materials: Poured
  • Frontage Feet: 86
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas, LP Gas/Propane
  • 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: No

Schools

  • School District: Troy

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.22
  • Lot Dimensions: 86.00X113.00
  • Parcel Number: 2012427027

Tax Info

  • Tax Amount Summer: 4261.0000
  • Tax Amount Winter: 959.0000
  • Total Tax: 5220.0000
  • Taxable Value: 143470.0000

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Oct 21, 2021
Sold by
Johnson and Barbara
Bought by
Manoharan Karthik and Dhanasekaran Nandhini
Seller's Agent
Matthew Abro
Silverstone Real Estate, LLC
Buyer's Agent
Jyoti Gupta
New Michigan Realty, LLC
List Price
$459,900
Sold Price
$501,000
Premium/Discount to List
$41,100
8.94%
Current Estimated Value
$546,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,332
Avg. Annual Appreciation
2.18%

Purchase Details

Closed on
Sep 11, 1998
Sold by
Saylor Building Co
Bought by
Johnson Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.98%
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
Manoharan Karthik $501,000 Devon Title Agency
Johnson Patrick $244,574 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Patrick $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2021 10/21/21 Sold $501,000 +8.9% $217 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $459,900 -- $199 / 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 $6,213 $173,830 $0 $0
2015 $5,801 $133,970 $0 $0
2014 -- $129,540 $0 $0
2011 -- $126,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210077382

Realcomp

APN: 20-12-427-027