NOT LISTED FOR SALE

723 Palermo Dr Troy, MI 48084

Estimated Value: $687,000 - $998,400

4 Beds
2.5 Baths
3,550 Sq Ft
$241/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2012

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

Est. 61% increase in value since last sale

Current estimated payment $5,515 / mo

Highlights

  • Built in 2011 | 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

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

Year Built

Built in 2011 | Newly Remodeled

Lot Details

0 Sq Ft Lot

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
  • 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
  • Total Sq Ft: 3550

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Construction Features: New Construction, Const. Start Upon Sale, Site Condo
  • 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

Lot Info

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

MLS Schools

  • School District: Troy

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2011
Closed on
Jun 27, 2012
Sold by
Bought by
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
$857,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,547
Avg. Annual Appreciation
3.47%
Original Mortgage
$500,000
Outstanding Balance
$321,128
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$535,972
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$531,553 None Available
-- Greco Title Agency Llc
-- Greco Title Agency Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,214 $429,370 $0 $0
2015 $11,488 $309,350 $0 $0
2014 -- $287,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sahar Fakhouri

    Seller's Agent in 2012

    Sahar Fakhouri

    Mondrian Properties R E, LLC

    (248) 229-2104

    53 Total Sales

    Sahar Fakhouri
    Section Image
  • Prasanna Mohanachandran

    Buyer's Agent in 2012

    Prasanna Mohanachandran

    Century 21 Professionals Troy

    (248) 670-1943

    41 Total Sales

    Prasanna Mohanachandran
    Section Image
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Map

Source: Realcomp

MLS Number: 211123099

Realcomp

APN: 20-21-107-007

Michigan Oakland County Troy 48084

723 Palermo Dr, Troy, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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