NOT LISTED FOR SALE

724 Palermo Troy, MI 48084

Estimated Value: $911,000 - $1,117,000

4 Beds
2.5 Baths
3,350 Sq Ft
$301/Sq Ft Est. Value

Last Sold March 06, 2013

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

Est. 86% increase in value since last sale

Current estimated payment $6,709/month

258 Days on Market

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 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

Est. Annual Taxes

  • $10,049

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

Est. Annual Taxes

$10,049

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
  • 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: 3350
  • Total Sq Ft: 3350

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Construction Features: New Construction, Const. Start Upon Sale, Site Condo
  • Frontage Feet: 63
  • 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: 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
Total Days on Market
258
Current Estimated Value
$1,008,592

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
4.58%
Original Mortgage
$417,000
Interest Rate
3.38%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in Troy, MI

  • 4088 Parkstone Ct, Troy, MI 48098

    $835,000

    • 4 Beds
    • 3.5 Baths
    • 3,450 Sq Ft
    • 4088 Parkstone Ct
    • Troy, MI

    Nestled on a large corner lot at the end of a peaceful cul-de-sac. West-facing colonial offers privacy, tranquility and luxury in the highly sought-after Troy High School district. Perfectly designed for both family living and entertaining, the meticulously landscaped backyard feels like your own private “Up North” resort with lush greenery and a wooded backdrop. Gorgeous huge stone waterfall,

    Piyush Dave Real Estate One-Plymouth

    Section Image
  • 419 Tanner Dr, Troy, MI 48085

    $798,800

    • 4 Beds
    • 4.5 Baths
    • 3,229 Sq Ft
    • 419 Tanner Dr
    • Troy, MI

    Gently lived in West Troy colonial with the features you are looking for. Custom double beveled glass doors opens to your two story foyer. Expansive kitchen with an abundance of cabinets and walk in pantry boasts granite counters, above & below cabinet accent lighting, granite counters and commercial grade gas range. Kitchen opens to familyroom all with hardwood flooring. Double glass door entry

    Doug Shaw RE/MAX First

    Section Image
  • 365 Hartland Dr, Troy, MI 48083

    $879,900

    • 4 Beds
    • 3.5 Baths
    • 3,216 Sq Ft
    • 365 Hartland Dr
    • Troy, MI

    Clean Lines. Smart Design. Custom Built.3216 Sq. Ft. New Construction Troy SchoolsStep into a home that’s built with purpose. Blending sharp design with everyday function, offering space, flow, and detail that's hard to find in today’s market.The main level features 9’ ceilings, a bold two-story great room, and a wide open kitchen with a walk-in pantry, large island, and casual dining area. A

    Michael Thomas Brookstone, Realtors LLC

    Section Image
  • 502 Eckford Dr, Troy, MI 48085

    $899,900

    • 4 Beds
    • 4 Baths
    • 3,825 Sq Ft
    • 502 Eckford Dr
    • Troy, MI

    Visit our sales center for more information on The Estates of Eckford community at 2113 Kohli Dr Troy. We are proud to present Estates of Eckford, a community that is an oasis of beauty in the heart of it all! Offering 22 thoughtfully designed residences in a beautiful community. This home features our Manhattan floorplan that includes a 2-story grand great room, open to a chef’s kitchen.

    Sahar Fakhouri Mondrian Properties R E, LLC

    Section Image
  • 520 Eckford Dr, Troy, MI 48085

    $919,900

    • 4 Beds
    • 2.5 Baths
    • 3,900 Sq Ft
    • 520 Eckford Dr
    • Troy, MI

    Visit our sales center for more information on The Estates of Eckford community at 2113 Kohli Dr Troy. We are proud to present Estates of Eckford, a community that is an oasis of beauty in the heart of it all! Offering 22 thoughtfully designed residences in a beautiful community. This home features our Manhattan floorplan that includes a 2-story grand great room, open to a chef’s kitchen.

    Sahar Fakhouri Mondrian Properties R E, LLC

    Section Image
  • 574 Eckford Dr, Troy, MI 48085

    $929,900

    • 4 Beds
    • 4 Baths
    • 3,900 Sq Ft
    • 574 Eckford Dr
    • Troy, MI

    Visit our sales center for more information on The Estates of Eckford community at 2113 Kohli Dr Troy. We are proud to present Estates of Eckford, a community that is an oasis of beauty in the heart of it all! Offering 22 thoughtfully designed residences in a beautiful community. This home features our Manhattan floorplan that includes a 2-story grand great room, open to a chef’s kitchen.

    Sahar Fakhouri Mondrian Properties R E, LLC

    Section Image
  • 628 Eckford Dr, Troy, MI 48085

    $839,900

    • 4 Beds
    • 2.5 Baths
    • 3,415 Sq Ft
    • 628 Eckford Dr
    • Troy, MI

    Visit our sales center for more information on The Estates of Eckford community at 2113 Kohli Dr Troy . We are proud to present Estates of Eckford, a community that is an oasis of beauty in the heart of it all! Offering 22 thoughtfully designed residences in a beautiful community. This home features our Select floorplan that includes a 2 story grand great room, open to a large kitchen. Hardwood

    Sahar Fakhouri Mondrian Properties R E, LLC

    Section Image
  • 944 Brahms Ct, Troy, MI 48085

    $750,000

    • 4 Beds
    • 3.5 Baths
    • 2,696 Sq Ft
    • 944 Brahms Ct
    • Troy, MI

    Multiple offers received. Please submit highest and best by 2pm Tuesday May 13, 2025WELCOME TO THIS BEAUTIFULLY NEWLY REMODELED HOME IN THE HIGHLY SOUGHT-AFTER TROY SCHOOL DISTRICT. THIS CHARMING PROPERTY BOASTS A SPACIOUS LAYOUT WITH A FINISHED LOWER LEVEL THAT INCLUDES A BEDROOM AND AN ENTERTAINMENT, PERFECT FOR RELAXATION OR HOSTING GUESTS. THE HOME HAS BEEN THOUGHTFULLY UPDATED, OFFERING

    Rana Yaldoo KW Domain

    Section Image
  • 1231 Burns Dr Unit 8, Troy, MI 48083

    $799,000

    • 4 Beds
    • 4.5 Baths
    • 3,102 Sq Ft
    • 1231 Burns Dr
    • Unit 8
    • Troy, MI

    Stunning 4-Bedroom Executive Home with Over 4,200 Sq Ft – The Epitome of Luxury Living in Troy!Located within the highly acclaimed Troy School District, this beautifully crafted 2-story residence has been freshly painted throughout and features brand new, scratch-resistant white oak hardwood floors on the main level. From the impressive two-story entry to the expansive open floor plan, every

    Tushar Vakhariya KW Domain

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Closed Chawla Sanjay $353,000
Closed Chawla Sanjay $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 211099222

Realcomp

APN: 20-21-107-005