NOT LISTED FOR SALE

724 Palermo Troy, MI 48084

Estimated Value: $674,000 - $1,264,000

4 Beds
2.5 Baths
3,350 Sq Ft
$292/Sq Ft Est. Value

Last Sold March 06, 2013

Last sale price $540,885 $161 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,076/month

258 Days on Market

Highlights

  • Built in 2012 | 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 March 2013

Mondrian Properties is proud to introduce the Villas of Troy located within Bemis Boulan & 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/prem cabs,granite tops,recess lights,applnces,2-tone paint,carpet& light pkg,Energy Star Home w/Low E windows & high eff frnce. Opt daylight bsmt

Last Agent to Sell the Property

Sahar Fakhouri

Mondrian Properties R E, LLC License #6501275325 Listed on: 09/18/2011

Last Buyer's Agent

Christine Porritt

Beacon Real Estate Company License #RCO-6502136135

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2012 | Newly Remodeled

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,350 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 63x112x80x105x29

Community Details

  • The Villas Of Troy Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2021107005

Home Details

Home Type

Single Family

Year Built

Built in 2012 | Newly Remodeled

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2012
  • 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: 3350

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: 63X112X80X105X29
  • Parcel Number: 2021107005

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2015
Sold by
Chawla Sanjay and Chawla Seth Divya
Bought by
Chawla Seth Trust
Current Estimated Value
$975,100

Purchase Details

Listed on
Sep 18, 2011
Closed on
Mar 5, 2013
Sold by
Mondrian Properties Llc
Bought by
Chawla Sanjay and Chawla Seth Divya
Seller's Agent
Sahar Fakhouri
Mondrian Properties R E, LLC
Buyer's Agent
Christine Porritt
Beacon Real Estate Company
List Price
$492,900
Sold Price
$540,885
Premium/Discount to List
$47,985
9.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$417,000
Outstanding Balance
$292,123
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$686,545
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

Date Buyer Sale Price Title Company
Chawla Seth Trust -- Attorney
Chawla Sanjay $540,885 Greco Title Agency Llc
Mondrian Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chawla Sanjay $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2013 03/06/13 Sold $540,885 +9.7% $161 / Sq Ft
06/02/2012 06/02/12 Pending -- -- --
09/18/2011 09/18/11 For Sale $492,900 -- $147 / 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 $10,049 $397,510 $0 $0
2015 $10,541 $283,790 $0 $0
2014 -- $268,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sahar Fakhouri

    Seller's Agent in 2013

    Sahar Fakhouri

    Mondrian Properties R E, LLC

    (248) 229-2104

    50 in this area

    52 Total Sales

    Sahar Fakhouri
    Section Image
  • Christine Porritt

    Buyer's Agent in 2013

    Christine Porritt

    Beacon Real Estate Company

    (248) 249-3947

    10 Total Sales

    Christine Porritt
    Section Image
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Map

Source: Realcomp

MLS Number: 211099222

Realcomp

APN: 20-21-107-005

Michigan Oakland County Troy 48084

724 Palermo, Troy, MI

Not Listed for Sale

Detached

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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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