NOT LISTED FOR SALE

815 E Square Lake Rd Troy, MI 48085

Estimated Value: $301,000 - $343,000

2 Beds
1 Bath
1,245 Sq Ft
$255/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $280,000 $225 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,969/month

3 Days on Market

Highlights

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

About This Home

As of June 2024

*All offers due: Monday 5/27/24 @ 12PM* Welcome to your next big opportunity! Offering endless investment potential as a fix-n-flip, a starter home with sweat equity, a long-term income-generating rental, or a build-to-suit dream home on a 1.5-acre lot (110' x 595'). Overlooking the Sylvan Glen Golf Course, this home displays gorgeous views directly across the street, promising a picturesque backdrop for any future development or renovation. While the house needs work and TLC, some big-ticket items are in good shape. The furnace was installed in 2020, and the roof, siding, and Pella windows were all replaced in 2018, providing a solid foundation for further improvements. You’ll find wood floors and a cozy natural fireplace in the spacious living room. The primary bedroom contains French doors that open onto a scenic deck. A 20’ x 30’ garage supplies ample storage space and protection for your vehicles and tools. Whether you choose to renovate the existing structure or start fresh with a new custom-built home, the potential for this property is huge. Don't miss out on this chance to own a piece of prime Troy real estate!

Last Agent to Sell the Property

Joshua Gold

Max Broock, REALTORS®-Clarkston License #6501400058 Listed on: 05/24/2024

Max Broock, REALTORS®-Clarkston

Last Buyer's Agent

Suzana Myftari

Berkshire Hathaway HomeServices Kee Realty Bham License #6501305088

Berkshire Hathaway HomeServices Kee Realty Bham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 110 x 595 x 110 x 595

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,245 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Location

  • Ground Level Unit
  • Property is near golf course

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Golf Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2003451024

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,674

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1950
  • State Equalized Value: 133500.0000
  • Entry Location: Ground Level
  • AgentOnly_ListPriceByAcre: 160000.0000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: 100 Amp Service
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave
  • Total Sq Ft: 1245

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Stone, Vinyl
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • 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 Features: Near Golf Course
  • Lot Size Area: 1.50
  • Lot Dimensions: 110 X 595 X 110 X 595
  • Parcel Number: 2003451024

Tax Info

  • Tax Amount Summer: 2735.0000
  • Tax Amount Winter: 939.0000
  • Total Tax: 3674.0000
  • Taxable Value: 73270.0000

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Jun 24, 2024
Sold by
Bishop Gary L
Bought by
Mara Artemida and Mara Artur
Seller's Agent
Joshua Gold
Max Broock, REALTORS®-Clarkston
Buyer's Agent
Suzana Myftari
Berkshire Hathaway HomeServices Kee Realty Bham
List Price
$240,000
Sold Price
$280,000
Premium/Discount to List
$40,000
16.67%
Views
53
Current Estimated Value
$318,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,094
Avg. Annual Appreciation
8.14%
Original Mortgage
$150,000
Outstanding Balance
$148,086
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$170,008
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mara Artemida $280,000 Capital Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mara Artemida $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2024 06/24/24 Sold $280,000 +16.7% $225 / Sq Ft
05/27/2024 05/27/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $240,000 -- $193 / Sq Ft
Source: Realcomp

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 $2,866 $125,180 $0 $0
2015 $3,446 $84,880 $0 $0
2014 -- $82,160 $0 $0
2011 -- $72,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240035285

Realcomp

APN: 20-03-451-024

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