NOT LISTED FOR SALE

725 E Square Lake Rd Troy, MI 48085

Estimated Value: $398,978 - $431,000

3 Beds
2 Baths
1,745 Sq Ft
$235/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $300,000 $172 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,550/month

20 Days on Market

Highlights

  • 1.5 Acre Lot
  • Ranch Style House
  • No HOA
  • Martell Elementary School Rated A+
  • Ground Level Unit
  • Porch

About This Home

As of August 2021

Location! Location! Location! Welcome to this NW Troy 3 bedrm, 2 bath ranch located on a beautiful 1.5 acre wooded lot...across from Sylvan Glen Golf Course. Enter the living rm with large windows w/natural light, gas fp/mantle and flows effortlessly into the 3 season Florida Room. Kitchen w/ cozy breakfast nook, heated cerm.tile flrs & wall of windows - all the appli stay, including the washer/dryer. Mud-room off gar w/ space for additional storage/organization. Large master suite w/ ample closet space & beautifully updtd master bath w/ heated flrs & extra wide shower w/ European shower doors-Wow! 2 additional spacious bedrms, 2nd full bath w/ shower & tons of storage. Meticulously maintained flower beds & shed for MORE storage. Such peaceful surroundings..hard to believe u are in the city! The backyard has endless possibilities, add a garden, a pool OR put on an addition. Close to I-75/M-59, local shopping, dining/entertainment nearby. Troy Schls: Martell/Smith/Troy High.

Last Agent to Sell the Property

Stacy Miletti

Real Estate One-Troy License #6501328340 Listed on: 07/12/2021

Real Estate One-Troy

Last Buyer's Agent

Koshy George

RE/MAX Classic License #RCO-6501324900

RE/MAX Classic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1952

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 110.00x463.00

Home Design

  • Ranch Style House
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,745 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Built-In Electric Range
  • Range Hood
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Porch

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association
  • Golf Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2003451019
  • $2,019 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,073

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1952
  • State Equalized Value: 130800.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • AgentOnly_ListPriceByAcre: 206333.3300
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Built-In Electric Range, Disposal, Dryer, Free-Standing Refrigerator, Range Hood, Washer
  • Total Sq Ft: 1745

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Vinyl
  • Exclusions: Yes
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: 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: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 1.50
  • Lot Dimensions: 110.00X463.00
  • Parcel Number: 2003451019

Tax Info

  • Tax Amount Summer: 2504.0000
  • Tax Amount Winter: 569.0000
  • Total Tax: 3073.0000
  • Taxable Value: 83920.0000

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2024
Sold by
Kurian Babu and Kurian Alice Puthuparampil
Bought by
Prestige Re Holdings Llc
Current Estimated Value
$409,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Outstanding Balance
$338,644
Interest Rate
8%
Mortgage Type
Seller Take Back
Estimated Equity
$70,851

Purchase Details

Listed on
Jul 12, 2021
Closed on
Aug 26, 2021
Sold by
Kroll Dawn
Bought by
Kurian Babu and Kurian Alice Puthuparampi
Seller's Agent
Stacy Miletti
Real Estate One-Troy
Buyer's Agent
Koshy George
RE/MAX Classic
List Price
$309,500
Sold Price
$300,000
Premium/Discount to List
-$9,500
-3.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%

Purchase Details

Closed on
May 8, 2015
Sold by
Kroll Nicholas and Kroll Dawn
Bought by
Kroll Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2005
Sold by
Lanier Mark W and Lanier Sharon
Bought by
Kroll Nicholas and Kroll Dawn

Purchase Details

Closed on
Mar 31, 2000
Sold by
Stafford Mildred R
Bought by
Lanier Mark W

Purchase Details

Closed on
Oct 5, 1999
Sold by
Stafford Marilyn J
Bought by
Stafford Marilyn J
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
Prestige Re Holdings Llc $380,000 None Listed On Document
Prestige Re Holdings Llc $380,000 None Listed On Document
Kurian Babu $300,000 Etitle Agency Inc
Kurian Babu $300,000 Etitle Agency Inc
Kroll Dawn -- Title Source Inc
Kroll Nicholas $221,650 Metropolitan Title Company
Lanier Mark W $148,200 --
Stafford Marilyn J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prestige Re Holdings Llc $342,000
Closed Prestige Re Holdings Llc $342,000
Previous Owner Kroll Dawn $171,000
Closed Lanier Mark W --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2021 08/26/21 Sold $300,000 -3.1% $172 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $309,500 -- $177 / 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 $5,766 $140,390 $0 $0
2015 $5,572 $92,780 $0 $0
2014 -- $89,200 $0 $0
2011 -- $76,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210054781

Realcomp

APN: 20-03-451-019