NOT LISTED FOR SALE

961 Cottage Ln Unit 9 Troy, MI 48085

Estimated Value: $470,000 - $616,000

2 Beds
2 Baths
1,485 Sq Ft
$225/mo HOA Fee

Last Sold October 20, 2022

Last sale price $518,100 $349 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,767/month

Highlights

  • New Construction
  • Ranch Style House
  • Porch
  • Martell Elementary School Rated A
  • 2 Car Direct Access Garage
  • Patio

About This Home

As of October 2022

The next generation of style! New ranch condominium under construction on a premium site in Midtown Crossing perfectly situated in the heart of Troy. The Abbey-2 bedrooms, 2 baths, full basement, 2-car garage & covered lanai. The open plan includes great room w/fireplace, dining nook, & kitchen w/snack bar. Kitchen appliances w/gas range, microwave, dishwasher & disposal. Granite counters in kitchen & baths. Upgraded cabinets throughout. Owner's suite is removed from the hub of activity & the second bedroom is located off the foyer. Double sink in master bath. Hardwood in kitchen/nook, foyer, laundry room, great room, both baths & hall. The laundry room is adjoins the mud room off of the garage. Interior paint and carpeting upgrade. Recessed lighting. Three-piece rough plumbing in basement. Photos & virtual tour are of the model, and not of this home. Occupancy--2022. Newly listed/new build/PA accepted. Price may not reflect cost of all options purchased.

Last Agent to Sell the Property

Barbara Gates

MJC Real Estate Co Inc. License #MISPE-6506045548 Listed on: 11/10/2021

Last Buyer's Agent

Barbara Gates

MJC Real Estate Co Inc. License #MISPE-6506045548 Listed on: 11/10/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,984

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 3.89

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1,485 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 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 88-20-10-478-009

Community Details

Overview

  • Joshua Otting HOA
  • Midtown Crossing Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,984

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Condominium
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • New Construction: Yes
  • Year Built: 2021
  • Mail City: Troy
  • Unit Number Building Number: 9
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven
  • Basement: Yes
  • Basement: Full, Poured
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 12 x 15
  • Bedroom 2: On 1st Floor, Dimensions: 11 x 11
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: First
  • Breakfast Nook: On 1st Floor, Dimensions: 12 x 12
  • Great Room: On 1st Floor, Dimensions: 13 x 19
  • Kitchen: On 1st Floor, Dimensions: 12 x 13
  • Laundry: On 1st Floor
  • Other Room1: On Level: Entry
  • Other Room 2: On Level: First
  • Below Grade Sq Ft: 806
  • Above Grade Finished Sq Ft: 1485
  • Total Finished Sq Ft: 1485

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: 88-20-10-478-009
  • Zoning: Residential
  • Geo Subdivision: MI
  • 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

Closed on
Jun 25, 2024
Sold by
Bhakta Vasanti R
Bought by
Vasanti Bhakta Revocable Trust and Bhakta
Current Estimated Value
$560,326

Purchase Details

Listed on
Nov 10, 2021
Closed on
Oct 20, 2022
Sold by
Mjc 5215 Rochester Llc
Bought by
Bhakta Vasanti R
Seller's Agent
Barbara Gates
MJC Real Estate Co Inc.
Buyer's Agent
Barbara Gates
MJC Real Estate Co Inc.
List Price
$511,557
Sold Price
$518,100
Premium/Discount to List
$6,543
1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.68%
Original Mortgage
$388,575
Interest Rate
4.25%
Mortgage Type
New Conventional
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
Vasanti Bhakta Revocable Trust -- None Listed On Document
Bhakta Vasanti R $518,100 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bhakta Vasanti R $388,575
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2022 10/21/22 Price Changed $518,100 0.0% $349 / Sq Ft
10/20/2022 10/20/22 Sold $518,100 +1.3% $349 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $511,557 -- $344 / 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 $6,984 $92,690 $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
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50060440

Michigan Multiple Listing Service

APN: 20-10-478-009

Michigan Oakland County Troy 48085

961 Cottage Ln Unit 9, Troy, MI

This home is located at 961 Cottage Ln Unit 9, Troy, MI 48085 since 10 November 2021 and is currently estimated at $560,326, approximately $377 per square foot. This property was built in 2021. 961 Cottage Ln Unit 9 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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