NOT LISTED FOR SALE

972 Cottage Ln Unit 5 Troy, MI 48085

Estimated Value: $568,617 - $615,000

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

Last Sold November 18, 2021

Last sale price $460,506 $310 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,920/month

116 Days on Market

Highlights

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

About This Home

As of November 2021

The next generation of style! New ranch condominium under construction on a premium site that backs to a wooded area in Midtown Crossing perfectly situated in the heart of Troy. The Abbey--2 bedrooms, 2 baths, full basement, two-car garage and covered lanai. The open plan includes great room with fireplace, dining nook, and kitchen with island with snack bar and pendant lighting. Kitchen appliances include range, microwave, dishwasher and disposal. Granite counters in kitchen. The owner's suite is a welcome retreat removed from the hub of activity, and the second bedroom is located off the foyer. Double sink in master bath. The laundry room is a step saver since it adjoins the mud room off of the garage. Three-piece rough plumbing in basement. Paver patio included. Photos are of the model, and not of this home. Occupancy--120 Days.

Last Agent to Sell the Property

Barbara Gates

MJC Real Estate Co Inc. License #MISPE-6506045548 Listed on: 01/25/2021

Last Buyer's Agent

Harley Haddox

Anthony Djon Luxury Real Estate License #6501431575

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,964

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 88-20-10-478-005

Community Details

Overview

  • Barbara Gates HOA
  • Midtown Crossing Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,964

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: 5
  • 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: Barbara Gates
  • Association Phone: 586-263-1203
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 88-20-10-478-005
  • 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
Sep 26, 2024
Sold by
Patel Shrey
Bought by
Lewis Shawndra
Current Estimated Value
$584,404

Purchase Details

Listed on
Jan 25, 2021
Closed on
Nov 18, 2021
Sold by
Mjc 5215 Rochester Llc
Bought by
Patel Shrey
Seller's Agent
Barbara Gates
MJC Real Estate Co Inc.
Buyer's Agent
Harley Haddox
Anthony Djon Luxury Real Estate
List Price
$443,045
Sold Price
$460,506
Premium/Discount to List
$17,461
3.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$437,000
Interest Rate
2.39%
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
Lewis Shawndra $560,000 None Listed On Document
Patel Shrey $460,506 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Shrey $437,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2021 11/18/21 Sold $460,506 +3.3% $310 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
03/26/2021 03/26/21 Price Changed $445,702 +0.1% $300 / Sq Ft
03/12/2021 03/12/21 Price Changed $445,421 +0.5% $300 / Sq Ft
01/25/2021 01/25/21 For Sale $443,045 -- $298 / 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 $6,964 $223,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Barbara Gates

    MJC Real Estate Co Inc.

    (586) 840-3416

    14 in this area

    606 Total Sales

    Barbara Gates
    Section Image
  • Harley Haddox

    Buyer's Agent in 2021

    Harley Haddox

    Anthony Djon Luxury Real Estate

    (313) 320-3255

    2 in this area

    53 Total Sales

    Harley Haddox
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50032837

Michigan Multiple Listing Service

APN: 20-10-478-005

Michigan Oakland County Troy 48085

972 Cottage Ln Unit 5, Troy, MI

This home is located at 972 Cottage Ln Unit 5, Troy, MI 48085 since 25 January 2021 and is currently estimated at $584,404, approximately $393 per square foot. This property was built in 2021. 972 Cottage Ln Unit 5 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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