NOT LISTED FOR SALE

762 Marengo Dr Troy, MI 48085

Estimated Value: $374,178 - $427,000

4 Beds
2 Baths
1,560 Sq Ft
$257/Sq Ft Est. Value

Last Sold October 23, 2024

Last sale price $400,000 $256 Per Sq Ft

Current estimated payment $2,472/month

20 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • Porch
  • Martell Elementary School Rated A+
  • No HOA
  • 2.5 Car Attached Garage

About This Home

As of October 2024

West Troy extensively updated Colonial located on a 80 x 240 lot. Traditional elevation with relaxing front porch. Updated front door opens to expansive family room with large picture window for natural light. Awesome updated kitchen premium cabinets, granite counters and stainless steel appliances. Four generous 2nd floor bedrooms all with hardwood flooring. Extensively updated both mechanically and cosmetically. Kitchen & both baths 2021, first floor flooring 2021, Furnace 2022, AC 2022, Water Heater 2022. Location, location close to shopping, recreation and entertainment.

Last Agent to Sell the Property

Doug Shaw

RE/MAX First License #6502346988 Listed on: 09/18/2024

RE/MAX First

Last Buyer's Agent

Frank Zhang

Bluesky Realty Experts License #6501372537

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1972 | Remodeled in 2021

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 80.00 x 240.00

Parking

  • 2.5 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Fireplace in Basement

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Porch
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Clark Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2003279002

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,545

Year Built

Built in 1972 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1972
  • State Equalized Value: 131880.0000
  • Year Renovated: 2021
  • Entry Location: Ground Level
  • AgentOnly_ListPriceByAcre: 863636.3600
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Basement
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave
  • Total Sq Ft: 1560

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: 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

  • Lot Size Area: 0.44
  • Lot Dimensions: 80.00 x 240.00
  • Parcel Number: 2003279002

Tax Info

  • Tax Amount Summer: 4048.0000
  • Tax Amount Winter: 1497.0000
  • Total Tax: 5545.0000
  • Taxable Value: 108650.0000

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2025
Sold by
Chen Mengyuan and Zhang Yubin
Bought by
Chen Mengyuan and Zhang Yubin
Current Estimated Value
$400,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,700
Outstanding Balance
$292,305
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$107,990

Purchase Details

Listed on
Sep 18, 2024
Closed on
Oct 23, 2024
Sold by
Chen Mengyuan
Bought by
Chen Mengyuan and Zhang Yubin
Seller's Agent
Doug Shaw
RE/MAX First
Buyer's Agent
Frank Zhang
Bluesky Realty Experts
List Price
$380,000
Sold Price
$400,000
Premium/Discount to List
$20,000
5.26%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.06%
Original Mortgage
$300,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2021
Sold by
Siess Judith E and Judith E Siess Revocable Trust
Bought by
Lewis John S and Lewis Melissa A

Purchase Details

Closed on
Sep 28, 2010
Sold by
Siess Judith E and Siess William E
Bought by
Siess Judith E and Judith E Siess Revocable Trust
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
Chen Mengyuan -- None Listed On Document
Chen Mengyuan -- None Listed On Document
Chen Mengyuan -- None Listed On Document
Chen Mengyuan $400,000 None Listed On Document
Chen Mengyuan -- None Listed On Document
Chen Mengyuan $400,000 None Listed On Document
Chen Mengyuan $400,000 None Listed On Document
Lewis John S $10,000 Capital Title Ins Agcy Inc
Siess Judith E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Mengyuan $294,700
Closed Chen Mengyuan $294,700
Previous Owner Chen Mengyuan $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2024 10/23/24 Sold $400,000 +5.3% $256 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $380,000 -- $244 / 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 $4,048 $98,560 $0 $0
2015 $3,910 $105,950 $0 $0
2014 -- $93,970 $0 $0
2011 -- $82,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240070101

Realcomp

APN: 20-03-279-002