NOT LISTED FOR SALE

6281 Emerald Lake Dr Troy, MI 48085

Estimated Value: $517,000 - $650,000

4 Beds
2.5 Baths
3,001 Sq Ft
$191/Sq Ft Est. Value

Last Sold February 16, 2023

Last sale price $470,000 $157 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,622/month

10 Days on Market

Highlights

  • Beach Front
  • Colonial Architecture
  • Jetted Tub in Primary Bathroom
  • Troy Union Elementary School Rated A
  • Deck
  • Ground Level Unit

About This Home

As of February 2023

Outstanding lakefront opportunity in Emerald Lakes Village in Troy. This beautiful home offers two primary bedrooms, one on the main level and one on the second level with large dressing area. There are a total of 4 bedrooms, 2 on the main level and 2 on second level and 2 baths. The open floor plan offers a breathtaking view of the lake thru the large bay window. There is a formal dining room, family room and living room with completely updated granite kitchen with walk-in pantry and stainless-steel appliances. First floor laundry. Finished basement with additional area for laundry. Deck and patio in rear of home overlooking the lake. 2 car attached garage. First floor is handicap accessible. BATVAI

Last Agent to Sell the Property

Donna Barlow

Signature Sotheby's International Realty Bham License #6501323547 Listed on: 01/18/2023

Signature Sotheby's International Realty Bham

Last Buyer's Agent

Ali Shariff

Real Estate One-Dbn Hts/Dbn License #6501303931

Real Estate One-Dbn Hts/Dbn

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1968

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 95x123
  • Beach Front
  • 16 Feet of Waterfront
  • Lake Front

HOA Fees

  • $18 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,001 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Awning
  • Living Room with Fireplace
  • Partially Finished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Full Bathroom
  • Grip-Accessible Features
  • Accessible Bedroom
  • Accessible Common Area
  • Accessible Kitchen
  • Accessible Hallway
  • Accessible Closets
  • Accessible Washer and Dryer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

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

Community Details

  • Emerald Lakes Village No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2002378064

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,071

Year Built

Built in 1968

Lot Details

0

HOA Fees

$18 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1968
  • State Equalized Value: 223210.0000
  • Accessibility Features: Accessible Bedroom, Accessible Central Living Area, Accessible Closets, Accessible Common Area, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Accessible Washer/Dryer, Central Living Area, Grip-Accessible Features
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Jetted Tub
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Vented Exhaust Fan, Wine Cooler, Dishwasher, Disposal, Dryer, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 4121
  • Sq Ft Lower Floor: 1120
  • Total Sq Ft: 3001
  • Sq Ft Total Bsmt: 1498

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Walker Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Awning/Overhang(s), Chimney Cap(s), Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 95
  • Porch Type: Porch - Covered, Deck, Patio, Porch, Patio - Covered, Covered
  • Road Frontage Type: Paved
  • Water Frontage Feet: 16.00
  • Waterfront Description: Beach Front, Lake Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Side Entrance, Attached
  • 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)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 220
  • Association Fee: Yes

Schools

  • School District: Troy

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.27
  • Lot Dimensions: 95x123
  • Parcel Number: 2002378064

Tax Info

  • Tax Amount Summer: 5036.0000
  • Tax Amount Winter: 1035.0000
  • Total Tax: 6071.0000
  • Taxable Value: 175010.0000

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Feb 16, 2023
Sold by
Darlene L Katcher Revocable Living Trust
Bought by
Ahmed Khaleda and Siddik Abu Bakkar
Seller's Agent
Donna Barlow
Signature Sotheby's International Realty Bham
Buyer's Agent
Ali Shariff
Real Estate One-Dbn Hts/Dbn
List Price
$479,900
Sold Price
$470,000
Premium/Discount to List
-$9,900
-2.06%
Views
33
Current Estimated Value
$573,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,236
Avg. Annual Appreciation
7.72%
Original Mortgage
$376,000
Outstanding Balance
$364,203
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$209,033

Purchase Details

Closed on
Nov 2, 2021
Sold by
Kotcher Darlene L
Bought by
Darlene L Kotcher Revocable Liviug Trust
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
Ahmed Khaleda $470,000 Interstate Title
Darlene L Kotcher Revocable Liviug Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Khaleda $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2023 02/16/23 Sold $470,000 -2.1% $157 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $479,900 -- $160 / 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 $7,541 $223,210 $0 $0
2015 $5,980 $176,450 $0 $0
2014 -- $162,180 $0 $0
2011 -- $168,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230004490

Realcomp

APN: 20-02-378-064