NOT LISTED FOR SALE

5550 Springbrook Dr Troy, MI 48098

Estimated Value: $1,108,222 - $1,241,000

4 Beds
6 Baths
4,626 Sq Ft
$257/Sq Ft Est. Value

Last Sold September 23, 2020

Last sale price $850,000 $184 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,298/month

10 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Stainless Steel Appliances
  • Hamilton Elementary School Rated A+
  • Jetted Tub in Primary Bathroom
  • 3 Car Direct Access Garage

About This Home

As of September 2020

Quality built and beautifully maintained north Troy colonial features spacious floor plan with grand foyer with circular staircase as well as second staircase off of the kitchen. Large living room with natural fireplace adjoins the formal dining room, both offer wood floors and plantation shutters. Paneled study with coffered ceiling, built in bookshelves and double french doors. Kitchen offers granite counters, ceramic backsplash, stainless steel appliances, large center island, opens to the two story great room with Palladian windows, built in and custom cabinets that stay with the house and gas fireplace with new insert that easily heats up the entire room. Owners suite with new (2019) Anderson bay window, large bath with jetted tub, sep shower, WIC. Updates include Roof (2014), Trex Deck (2016), 1 Furnace and AC (2018), both Hot Water Heaters (2020), Amarr insulated garage doors (2020) . Professionally landscaped, great curb appeal. Ideal location with award winning Troy Schools.

Last Agent to Sell the Property

Gerald Salerno

@properties Christie's Int'l R.E. Birmingham License #6501313038 Listed on: 08/08/2020

@properties Christie's Int'l R.E. Birmingham

Last Buyer's Agent

Frank Zhang

Bluesky Realty Experts License #RCO-6501372537

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1992

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 104.00x152.00
  • Sprinkler System

HOA Fees

  • $40 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,626 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Finished Basement
  • Basement Window Egress
  • Security System Owned

Kitchen

  • Built-In Electric Oven
  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Air Purifier
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2007276015

Community Details

Overview

  • Beach Forest Sub No 2 Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,866

Year Built

Built in 1992

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial, Traditional
  • Architecture Level: 2 Story
  • Year Built: 1992
  • State Equalized Value: 396870.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Air Purifier, Cable Available, Egress Window(s), High Spd Internet Avail, Humidifier, Jetted Tub, Programmable Thermostat, Security Alarm (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural
  • Fireplace Locations: Family Room, Living Room
  • Total Bedrooms: 4
  • Total Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Daylight, Finished
  • Kitchen Appliances: Electric Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Built-In Electric Oven, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer
  • Total Sq Ft: 4626

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Composition
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, 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: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 475
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2472222.2222
  • Lot Features: Sprinkler(s)
  • Lot Size Area: 0.36
  • Lot Dimensions: 104.00X152.00
  • Parcel Number: 2007276015

Tax Info

  • Tax Amount Summer: 9694.0000
  • Tax Amount Winter: 2172.0000
  • Total Tax: 11866.0000
  • Taxable Value: 320470.0000

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2020
Closed on
Sep 23, 2020
Sold by
Myers Donald R and Myers Cynthia M
Bought by
He Song and Li Lihua
Seller's Agent
Gerald Salerno
@properties Christie's Int'l R.E. Birmingham
Buyer's Agent
Frank Zhang
Bluesky Realty Experts
List Price
$917,000
Sold Price
$850,000
Premium/Discount to List
-$67,000
-7.31%
Current Estimated Value
$1,172,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,115
Avg. Annual Appreciation
6.51%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
He Song $850,000 Devon Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2020 09/23/20 Sold $850,000 -4.5% $184 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
08/11/2020 08/11/20 Price Changed $890,000 -2.9% $192 / Sq Ft
08/08/2020 08/08/20 For Sale $917,000 -- $198 / 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 $12,865 $406,420 $0 $0
2015 $13,484 $393,400 $0 $0
2014 -- $349,580 $0 $0
2011 -- $299,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200062813

Realcomp

APN: 20-07-276-015