NOT LISTED FOR SALE

5597 Folkstone Dr Troy, MI 48085

Estimated Value: $493,000 - $528,000

3 Beds
2.5 Baths
1,974 Sq Ft
$259/Sq Ft Est. Value

Last Sold February 26, 2016

Last sale price $291,000 $147 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,273/month

4 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 2 Car Direct Access Garage
  • Martell Elementary School Rated A
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

As of February 2016

SO BEAUTIFUL, INSIDE & OUT! * UPGRADED BRICK RANCH WITH FULL BASEMENT & SCENIC, PRIVACY FENCED YARD * NICELY-FINISHED WOOD FLOORS IN KITCHEN & BEDROOMS * UPGRADED MAPLE / GRANITE KITCHEN, TILED BACKSPLASH * CERAMIC BATHS WITH MAPLE CABINETS & STONE COUNTERS * KITCHEN IS OPEN TO FAMILY RM & DINING RM * FAMILY RM HAS NATURAL FIREPLACE (+ GAS HOOKUP) & DOORWALL TO PATIO * NICELY PAINTED & DECORATED THROUGHOUT * OPEN FLOOR PLAN AS YOU WALK IN THE FRONT ENTRANCE * DEN WITH FRENCH DOORS CAN BE LIVING RM OR OFFICE * MASTER BEDROOM SUITE WITH WALK-IN CLOSET & BATHROOM * ALL BEDROOMS HAVE LARGE CLOSETS * 1ST FLR LAUNDRY * BASEMENT HAS EPOXY FLOORS, GLASSBLOCK WINDOWS, & DRYWALLED PLAYROOM * ALL BRICK EXTERIOR * PAVER FRONT COURTYARD * NICE CURB APPEAL * NEWER FURNACE AND CENTRAL AIR (2 YRS) * ARCHITECTURAL SHINGLED ROOF (9 YRS) * NEARBY GOLF COURSE, PARKS, SHOPPING, RESTAURANTS, BUSINESS, & HIGHWAYS * TROY SCHOOLS & AQUATIC CENTER * SELLERS LICENSED REALTORS. PRIOR DAY NOTICE PLEASE.

Last Agent to Sell the Property

Karen Dafoe

Epique Realty License #6501323021 Listed on: 01/07/2016

Epique Realty

Last Buyer's Agent

Scott Love

Good Company License #6501281653

Good Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1978

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 97 x 140
  • Fenced

Home Design

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

Interior Spaces

  • 1,974 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association
  • Sylvan Glen Sub No 3 Subdivision
  • On-Site Maintenance

Listing and Financial Details

  • Assessor Parcel Number 2010178025

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,975

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural
  • Fireplace Locations: Family Room
  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Refrigerator, Range/Stove
  • Sq Ft Combined: 1974
  • Total Sq Ft: 1974
  • Sq Ft Total Bsmt: 1606

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Construction Features: Platted Sub.
  • Exclusions: Yes
  • Exterior Features: Fenced, Grounds Maintenance, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 97
  • Porch Type: Patio, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • 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: 950000.0000
  • Lot Size Area: 0.31
  • Lot Dimensions: 97 X 140
  • Parcel Number: 2010178025

Tax Info

  • Tax Amount Summer: 3263.0000
  • Tax Amount Winter: 712.0000
  • Total Tax: 3975.0000

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2016
Closed on
Feb 26, 2016
Sold by
Rockman Stephen and Rockman Kira A
Bought by
Gulstad William Olaf
Seller's Agent
Karen Dafoe
Epique Realty
Buyer's Agent
Scott Love
Good Company
List Price
$294,500
Sold Price
$291,000
Premium/Discount to List
-$3,500
-1.19%
Current Estimated Value
$510,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,899
Avg. Annual Appreciation
5.79%
Original Mortgage
$91,000
Outstanding Balance
$42,179
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$455,885

Purchase Details

Closed on
Jul 10, 2013
Sold by
Rockman Stephen and Rockman Kira A
Bought by
Rockman Stephen and Rockman Kira A

Purchase Details

Closed on
Aug 30, 2011
Sold by
Mautte Daniel F and Gordon Cathy Ann
Bought by
Rockman Stephen and Rockman Kira A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2003
Sold by
Mautte Vivian Ann and Mautte Frank G
Bought by
Mautte Vivian A and Vivian A Mautte Revocable Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gulstad William Olaf $291,000 Attorney
Rockman Stephen -- None Available
Rockman Stephen $190,000 Capital Title Ins Agency
Mautte Vivian A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gulstad William Olaf $91,000
Previous Owner Rockman Stephen $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2016 02/26/16 Sold $291,000 -1.2% $147 / Sq Ft
01/11/2016 01/11/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $294,500 -- $149 / 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 $5,279 $179,920 $0 $0
2015 $5,537 $135,390 $0 $0
2014 -- $117,830 $0 $0
2011 -- $102,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216001865

Realcomp

APN: 20-10-178-025