NOT LISTED FOR SALE

5812 Faircastle Dr Troy, MI 48098

Estimated Value: $496,000 - $528,000

4 Beds
2.5 Baths
2,098 Sq Ft
$244/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $355,000 $169 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,304/month

12 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • 2 Car Direct Access Garage
  • Hamilton Elementary School Rated A+
  • Stainless Steel Appliances
  • Porch

About This Home

As of May 2021

Fabulous opportunity to own in highly sought after Forest View Village. Estate Sale of original owner. Updates include kitchen, stainless steel appliances, refinished hardwood flooring in kitchen and front hall. New front door, newer door-walls and family room windows. New roof September 2018. Master bathroom has a new shower and new vinyl flooring. New Dryer in basement. Huge 8 x 6 walk-in-closet. Freshly painted basement, garage, kitchen, living room, family room and hallways. Fenced yard, center lot. Waking distance to park and elementary school. Price reflects opportunity for the Buyer to update to their own desires and needs. Hamilton, Boulan Park MS, Troy HS.

Last Agent to Sell the Property

Katie Hill

Real Estate One-Troy License #6501326029 Listed on: 04/22/2021

Real Estate One-Troy

Last Buyer's Agent

Keith Brandt

Brandt Real Estate License #6501328150

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1977

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80.00x118.00
  • Fenced
  • Level Lot

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Chimney Cap

Interior Spaces

  • 2,098 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Unfinished Basement
  • Sump Pump
  • Attic Fan

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Location

  • Ground Level

Utilities

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

Community Details

  • Nhhatroy.Com Association, Phone Number (248) 888-5050
  • Forest View Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2008103007
  • $4,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,938

Year Built

Built in 1977

Lot Details

0

HOA Fees

$7 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1977
  • State Equalized Value: 150680.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Humidifier, High Spd Internet Avail, Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 2098
  • Total Sq Ft: 2098
  • Sq Ft Total Bsmt: 906

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Chimney Cap(s), Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 80
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, Side Entrance, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: 2488885050
  • Association Fee: 85
  • Association Contact: nhhatroy.com
  • Association Fee: Yes

Schools

  • School District: Troy

Lot Info

  • Homestead: Yes
  • Lot Features: Level
  • Lot Size Area: 0.22
  • Lot Dimensions: 80.00X118.00
  • Parcel Number: 2008103007

Tax Info

  • Tax Amount Summer: 3209.0000
  • Tax Amount Winter: 729.0000
  • Total Tax: 3938.0000
  • Taxable Value: 107550.0000

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 28, 2021
Sold by
Jones Brian N and Jones Christopher W
Bought by
Sundaresan Narayani and Jayaraman Raghuram
Seller's Agent
Katie Hill
Real Estate One-Troy
Buyer's Agent
Keith Brandt
Brandt Real Estate
List Price
$325,000
Sold Price
$355,000
Premium/Discount to List
$30,000
9.23%
Current Estimated Value
$511,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,211
Avg. Annual Appreciation
8.32%
Original Mortgage
$337,250
Outstanding Balance
$308,643
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$187,586

Purchase Details

Closed on
Mar 11, 2010
Sold by
Jones Elbert Ward and Jones Mary Louise
Bought by
Jones Elbert Ward and Jones Mary Louise
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
Sundaresan Narayani $355,000 Capital Title Ins Agcy Inc
Jones Elbert Ward -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jayaraman Raghuram $337,250
Closed Sundaresan Narayani $337,250
Previous Owner Jones Elbert Ward $149,682
Previous Owner Jones Elbert Ward $35,000
Previous Owner Jones Elbert Ward $131,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $355,000 +9.2% $169 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $325,000 -- $155 / 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 $5,320 $163,330 $0 $0
2015 $5,307 $123,260 $0 $0
2014 -- $113,330 $0 $0
2011 -- $106,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210027087

Realcomp

APN: 20-08-103-007