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5325 Orchard Crest Drive

5325 Orchard Crest Drive, Troy, MI 48085
Property in Troy
Sold Jun 27, 2013
$295,000
Buyer
Seller
$236,000 by Morgan Stanley Private Bank Na
Mortgage Due Jul 01, 2043
Sold Nov 28, 2012
$137,000
Buyer
Seller
5325 Orchard Crest Drive in Troy, MI was first built in 1977 and is 47 years old. Although, the building on the property was most recently renovated and altered in 2013. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 5325 Orchard Crest Drive has 2,275 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 700 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 8,276 square feet.

Learn more about the property and building on this page. There is a covered porch. The home has a gable style roof. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 448 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5325 Orchard Crest Drive sold most recently in Jun 3, 2013 for a total of $295,000. If you work out the math, that's approximately a cost of $129.67 per sqft. Before that, the property was also sold for $137,000 in Nov 2, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,750 in taxes each year. 5325 Orchard Crest Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $221,210. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 2013
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,849
  • Garage Type: Garage
  • Garage Square Area: 448
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,275
  • Building Area: 2,275
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,275
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAURELWOOD SUBDIVISION
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T2N, R11E, SEC 11 LAURELWOOD SUB LOT 81

Ownership

  • Current Owner : LEONG SUET
  • Previous Owner : ST GROUP LLC
  • Owner Before Previous Owner: TONEY JOHN L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Troy School District
  • School Tax School District: 260
  • Census Tract: 196100

Zoning

  • Zoning: R1C

Geography

  • District: 88
  • Section: 11
  • Parcel: 88-20-11-478-013
  • Lot: 81
  • Meridian: SEC 11 TWN 2N RNG 11E
  • Municipality: TROY CITY
  • Latitude: 42.5962
  • Longitude: -83.1121

    Address

  • Full Address: 5325 Orchard Crest Dr
  • Address - House Number: 5325
  • Address - Street Name: Orchard Crest
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Troy
  • Carrier Code: C055
  • 4-Digit Zip Code: 3481
  • Zip Code: 48085

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,750

    Appraisal Valuation

  • Standard Deviation: 0.1859
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 75
  • Final Value: 528,653
  • High Value: 626,951
  • Low Value: 430,354

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $236,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 27, 2013
  • First Open Lien Mortgage Loan Amount: $236,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2043

    Market Valuation

  • Market Total Value: $442,420

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $221,210

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 03, 2013
  • Current Sale Recording Date: Jun 27, 2013
  • Current Sale Transaction ID: 1153103407
  • Current Sale Price: $295,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 173499
  • Previous Sale Recording Date: Nov 28, 2012
  • Previous Sale Contract Date: Nov 02, 2012
  • Previous Sale Amount: $137,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Mortgage Transaction Date: Jun 27, 2013
  • First Mortgage Loan Amount: $236,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2043

About Troy



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Frequently Asked Questions

What neighborhood is 5325 Orchard Crest Drive located in?
The 5325 Orchard Crest Drive is a located in the neighborhood of Troy in Troy, Troy.
What is the average sales price for listings in 5325 Orchard Crest Drive?
The average sales price for units in 5325 Orchard Crest Drive is $0 currently.

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