NOT LISTED FOR SALE

723 Palermo Dr Troy, MI 48084

Estimated Value: $660,000 - $1,079,592

4 Beds
2.5 Baths
3,550 Sq Ft
$259/Sq Ft Est. Value

Last Sold June 27, 2012

Last sale price $531,553 $150 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $6,410/month

Highlights

  • Newly Remodeled
  • Colonial Architecture
  • 3 Car Attached Garage
  • Bemis Elementary School Rated A+
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of June 2012

Mondrian Properties is proud to introduce the Villas of Troy located within Bemis, Boulan and Troy High Sch. The Villa Plan offers 2-story Great Rm w/ panoramic bowed wall of windows. Luxurious MBR suite w/ dbl door & step ceiling, corner tub & custom tile. Gourmet kitch w/premium cabs, granite tops, recess lights, applnces, 3.5 baths, 2-tone paint, carpet& lght pkg, Energy Star Home w/Low E windows & High Eff

Last Agent to Sell the Property

Sahar Fakhouri

Mondrian Properties R E, LLC License #6501275325 Listed on: 11/29/2011

Last Buyer's Agent

Prasanna Mohanachandran

Century 21 Professionals Troy License #6501334897

Century 21 Professionals Troy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,952

Year Built

  • Built in 2011 | Newly Remodeled

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,550 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Great Room with Fireplace
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Additional Features

  • Porch
  • Lot Dimensions are 60x107x174x115

Community Details

  • The Villas Of Troy Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2021107007

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,952

Year Built

Built in 2011 | Newly Remodeled

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2011
  • Foundation Features: Sump Pump
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Great Room
  • Room Count: 13
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Range/Stove
  • Sq Ft Combined: 3550
  • Total Sq Ft: 3550

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Construction Features: New Construction, Const. Start Upon Sale, Site Condo
  • Frontage Feet: 60
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air, Ceiling Fan(s)
  • 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: 450
  • Association Fee: No

Schools

  • School District: Troy

Lot Info

  • Geo Precision: 6
  • Lot Dimensions: 60X107X174X115
  • Parcel Number: 2021107007

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2011
Closed on
Jun 27, 2012
Sold by
Mondrian Properties Llc
Bought by
Sivaraman Sunilkumar and Sunilkumar Mini
Seller's Agent
Sahar Fakhouri
Mondrian Properties R E, LLC
Buyer's Agent
Prasanna Mohanachandran
Century 21 Professionals Troy
List Price
$499,900
Sold Price
$531,553
Premium/Discount to List
$31,653
6.33%
Current Estimated Value
$984,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,529
Avg. Annual Appreciation
3.80%
Original Mortgage
$500,000
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Sivaraman Sunilkumar $531,553 None Available
Mondrain Properties Llc -- Greco Title Agency Llc
Mandrian Properties Llc -- Greco Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sivaraman Sunilkumar $412,822
Closed Sunilkumar Mini $414,748
Closed Sivaraman Sunilkumar $425,500
Closed Sunilkumar Mini $427,475
Closed Sivaraman Sunilkumar $105,200
Closed Sivaraman Sunilkumar $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2012 06/27/12 Sold $531,553 +6.3% $150 / Sq Ft
11/29/2011 11/29/11 Pending -- -- --
11/29/2011 11/29/11 For Sale $499,900 -- $141 / 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 $10,952 $429,370 $0 $0
2015 $11,488 $309,350 $0 $0
2014 -- $287,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 211123099

Realcomp

APN: 20-21-107-007