NOT LISTED FOR SALE

978 Cottage Ln Unit 4 Troy, MI 48085

Estimated Value: $601,117 - $639,000

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

Last Sold December 07, 2021

Last sale price $493,686 $255 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,113/month

Highlights

  • New Construction
  • 1.5-Story Property
  • Porch
  • Martell Elementary School Rated A
  • 2 Car Direct Access Garage
  • Patio

About This Home

As of December 2021

The next generation of style! New ranch condominium under construction in Midtown Crossing perfected situated in the heart of Troy. The Abbey--3 bedrooms, 3 baths, loft, full basement, two-car garage and covered lanai. The open plan includes great room, dining nook, and kitchen with island with 2 pendant lights and snack bar. Kitchen appliances include range, microwave, dishwasher and disposal. The owner's suite is a welcome retreat removed from the hub of activity, and the second bedroom is located off the foyer. Third bedroom, loft and storage on the upper floor. Fireplace and ceiling fan prep in great room. The laundry room is a step saver since it adjoins the mud room off of the garage. Granite counters in kitchen and both baths. Upgraded carpet pad. Three-piece rough plumbing in basement. Paver patio included. Occupancy--120 Days.

Last Agent to Sell the Property

Barbara Gates

MJC Real Estate Co Inc. License #MISPE-6506045548 Listed on: 12/16/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,830

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 3.89

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • 1.5-Story Property
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1,935 Sq Ft Home
  • 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 88-20-10-478-004

Community Details

Overview

  • Barbara Gates HOA
  • Midtown Crossing Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,830

Year Built

Built in 2020 | 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 1/2 Story
  • New Construction: Yes
  • Year Built: 2020
  • Mail City: Troy
  • Unit Number Building Number: 4
  • 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: 12 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: 12 x 13
  • Great Room: On 1st Floor, Dimensions: 13 x 19
  • Kitchen: On 1st Floor, Dimensions: 11 x 14
  • Laundry: On 1st Floor
  • Other Room1: Dimensions: 12x10, On Level: Second
  • Below Grade Sq Ft: 1485
  • 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: Barbara Gates
  • Association Phone: 586-263-1203
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 88-20-10-478-004
  • 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
Oct 4, 2022
Sold by
Kaza Lakshmi P S
Bought by
Lakshmi P S Kaza Living Trust
Current Estimated Value
$615,029

Purchase Details

Listed on
Dec 16, 2020
Closed on
Dec 7, 2021
Sold by
Mjc 5215 Rochester Llc
Bought by
Kaza Lakshmi Praja-Sowmya
Seller's Agent
Barbara Gates
MJC Real Estate Co Inc.
List Price
$480,710
Sold Price
$493,686
Premium/Discount to List
$12,976
2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
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
Lakshmi P S Kaza Living Trust -- --
Kaza Lakshmi Praja-Sowmya $493,686 First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2021 12/07/21 Sold $493,686 +2.6% $255 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
01/18/2021 01/18/21 Price Changed $481,191 +0.1% $249 / Sq Ft
12/16/2020 12/16/20 For Sale $480,710 -- $248 / 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 $7,830 $249,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50030908

Michigan Multiple Listing Service

APN: 20-10-478-004