NOT LISTED FOR SALE

5575 Demaret Dr Troy, MI 48085

Estimated Value: $578,000 - $622,288

5 Beds
2.5 Baths
2,602 Sq Ft
$229/Sq Ft Est. Value

Last Sold July 01, 2014

Last sale price $314,000 $121 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,843/month

34 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Porch
  • Troy Union Elementary School Rated A
  • 2 Car Direct Access Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2014

Rare find!! 2,600 sq ft 5 bedroom, 2 1/2 bath east facing Troy colonial featuring updated island kitchen complete with granite and SS appliances. Traditional floor plan with formal living and dining rooms highlighted by wood flooring. Oversized kitchen and nook overlooking large family room with natural fireplace and computer nook. Library/den off ceramic flyer perfect for in-home office. Master suite with remodeled bath. Part finished basement. Great location in sub and backing to expansive green spaces. Newer mechanics and shingles. Home warranty included. Showings start April 12th. Quick possession.

Last Agent to Sell the Property

Jack Bertoia

Coldwell Banker Professionals Birm License #6501205743 Listed on: 04/08/2014

Coldwell Banker Professionals Birm

Last Buyer's Agent

Ron Avesian

Jack Christenson-Corp Services License #6501344030

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1978

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 70x121.49
  • Property fronts a private road

HOA Fees

  • $5 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,602 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Partially Finished Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • Golf Trail Sub Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2011154002
  • $4,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,065

Year Built

Built in 1978

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Warranty: Yes
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 15
  • Total Bedrooms: 5
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Refrigerator
  • Sq Ft Combined: 2602
  • Total Sq Ft: 2602
  • Sq Ft Total Bsmt: 870

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 70
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved, Private

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • 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 Frequency: Annually
  • Association Fee: 60
  • Association Fee: No

Schools

  • School District: Troy

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1595000.0000
  • Lot Size Area: 0.20
  • Lot Dimensions: 70X121.49
  • Parcel Number: 2011154002

Tax Info

  • Tax Amount Summer: 3427.0000
  • Tax Amount Winter: 638.0000
  • Total Tax: 4065.0000

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2014
Closed on
Jun 30, 2014
Sold by
Khan Ahmed J and Ahmed Yousef
Bought by
Jambudi Tejas P and Jambudi Meghna Tejas
Seller's Agent
Jack Bertoia
Coldwell Banker Professionals Birm
Buyer's Agent
Ron Avesian
Jack Christenson-Corp Services
List Price
$324,000
Sold Price
$314,000
Premium/Discount to List
-$10,000
-3.09%
Current Estimated Value
$595,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,322
Avg. Annual Appreciation
5.48%
Original Mortgage
$282,600
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2003
Sold by
Singh Md Gurdev
Bought by
Khan Ahmed J

Purchase Details

Closed on
Apr 24, 2002
Sold by
Shergill Hardev K
Bought by
Singh Gurdev

Purchase Details

Closed on
Sep 25, 1998
Sold by
Passalacqua Joseph D
Bought by
Singh Gurdev

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.88%
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
Jambudi Tejas P $314,000 None Available
Khan Ahmed J $244,000 Interstate Title
Singh Gurdev -- --
Singh Gurdev $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jambudi Tejas $222,500
Closed Jambudi Tejas P $282,600
Previous Owner Khan Ahmed J $210,300
Previous Owner Khan Ahmed J $59,800
Previous Owner Khan Ahmed J $37,700
Previous Owner Khan Ahmed J $229,640
Previous Owner Singh Gurdev $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2014 07/01/14 Sold $314,000 -3.1% $121 / Sq Ft
05/12/2014 05/12/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $324,000 -- $125 / 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 $5,358 $226,940 $0 $0
2015 $5,620 $145,700 $0 $0
2014 -- $109,870 $0 $0
2011 -- $95,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214029940

Realcomp

APN: 20-11-154-002