NOT LISTED FOR SALE

957 Cottage Ln Unit 8 Troy, MI 48085

Estimated Value: $563,000 - $710,438

3 Beds
3 Baths
1,935 Sq Ft
$225/mo HOA Fee

Last Sold September 26, 2022

Last sale price $617,731 $319 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,223/month

25 Days on Market

Highlights

  • New Construction
  • 2 Car Direct Access Garage
  • Patio
  • Martell Elementary School Rated A
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of September 2022

The next generation of style! New 1-1/2 story condominium under construction on a premium site in Midtown Crossing perfectly situated in the heart of Troy. The Brittney--3 bedrooms, 3 baths, 12x10 loft, full basement, 2-car garage and covered lanai. The open plan includes great room with fireplace, dining nook and kitchen. Stainless steel kitchen appliances with range, microwave, dishwasher and disposal. Kitchen granite. Upgraded cabinets throughout. Owner's suite is located off the hub of activity & the second bedroom is located off the foyer. Double sink in master bath. Hardwood floors. The laundry room adjoins the mud room off of the garage. Fireplace with painted mantle with ledgestone surround. Ceiling fan prep and recessed lighting. Three-piece rough plumbing in basement. Photos are of the model and of not this home. Occupancy--Summer 2022.

Last Agent to Sell the Property

Barbara Gates

MJC Real Estate Co Inc. License #MISPE-6506045548 Listed on: 03/18/2022

Last Buyer's Agent

Erin O'Donnell

EXP Realty LLC License #RCO-6501403965

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,635

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 3.89

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1,935 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 88-20-10-478-008

Community Details

Overview

  • Joshua Otting HOA
  • Midtown Crossing Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,635

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Condominium
  • Architecture Style: Loft
  • Structure Style: 1 1/2 Story
  • New Construction: Yes
  • Year Built: 2022
  • Mail City: Troy
  • Unit Number Building Number: 8
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven
  • Basement: Yes
  • Basement: Full, Poured
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 12 x 15
  • Bedroom 2: On 1st Floor, Dimensions: 11 x 11
  • Bedroom 3: On 2nd Floor, Dimensions: 11 x 13
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: First
  • Bathroom 3: On Level: Second
  • Breakfast Nook: On 1st Floor, Dimensions: 11 x 11
  • Great Room: On 1st Floor, Dimensions: 13 x 19
  • Kitchen: On 1st Floor, Dimensions: 11 x 13
  • Laundry: On 1st Floor
  • Below Grade Sq Ft: 827
  • Above Grade Finished Sq Ft: 1935
  • Total Finished Sq Ft: 1935

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Exterior Features: Patio, Porch
  • Construction: Incomplete, New/Never Occupied
  • Foundation: Basement
  • Road: Paved Street

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Direct Access
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public At Street
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Condo/Co-op/Association

  • HOA Fees: 225
  • HOA Fee Frequency: Monthly
  • Association Contact: Joshua Otting
  • Association Phone: 248-538-0234
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 88-20-10-478-008
  • Zoning: Residential
  • Site/Lot Features: Subdivision

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • School District: Troy School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
Sep 26, 2022
Sold by
Mjc 5215 Rochester Llc
Bought by
Rallabandi Giridhar and Rallabandi Giridhar Radha
Seller's Agent
Barbara Gates
MJC Real Estate Co Inc.
Buyer's Agent
Erin O'Donnell
EXP Realty LLC
List Price
$552,780
Sold Price
$617,731
Premium/Discount to List
$64,951
11.75%
Current Estimated Value
$632,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,629
Avg. Annual Appreciation
0.78%
Original Mortgage
$456,000
Outstanding Balance
$438,345
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$194,015
Source: Public Records

Range of Values:

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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
Rallabandi Giridhar $617,731 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rallabandi Giridhar $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2022 09/26/22 Sold $617,731 0.0% $319 / Sq Ft
09/26/2022 09/26/22 Price Changed $617,731 +11.7% $319 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $552,780 -- $286 / Sq Ft
Source: Michigan Multiple Listing Service

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 $8,635 $97,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Barbara Gates

    MJC Real Estate Co Inc.

    (586) 840-3416

    14 in this area

    606 Total Sales

    Barbara Gates
    Section Image
  • Erin O'Donnell

    Buyer's Agent in 2022

    Erin O'Donnell

    EXP Realty LLC

    (248) 825-2092

    12 in this area

    28 Total Sales

    Erin O'Donnell
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50068353

Michigan Multiple Listing Service

APN: 20-10-478-008

Michigan Oakland County Troy 48085

957 Cottage Ln Unit 8, Troy, MI

This home is located at 957 Cottage Ln Unit 8, Troy, MI 48085 since 18 March 2022 and is currently estimated at $632,360, approximately $326 per square foot. This property was built in 2022. 957 Cottage Ln Unit 8 is a home located in Oakland County with nearby schools including Martell Elementary School, Smith Middle School, and Troy High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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