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5821 Folkstone Drive

5821 Folkstone Drive, Troy, MI 48085
Property in Troy
Sold Apr 10, 1996
$205,000
$164,000 by Action Financial Inc
Mortgage
5821 Folkstone Drive in Troy, MI was first built in 1979 and is 45 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5821 Folkstone Drive has 2,524 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 basement is 1,444 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 13,939 square feet.

Learn more about the property and building on this page. There is a open 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 441 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 no 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5821 Folkstone Drive was last sold in Mar 28, 1996 for $205,000. According to our calculations, that's $81.22 per sqft. Current property owners are expected to pay $4,259 in taxes per year. The property on 5821 Folkstone Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $182,270. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Construction Type: Brick
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 1,444
  • Garage Type: Garage
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,939
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,524
  • Building Area: 2,524
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,524
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SYLVAN GLEN SUBDIVISION #3
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T2N, R11E, SEC 10 SYLVAN GLEN SUB NO 3 LOT 403

Ownership

  • Current Owner : CHEN DAVID D
  • Previous Owner : MCINALLY MICHAEL F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Troy School District
  • School Tax School District: 260
  • Census Tract: 196200

Zoning

  • Zoning: R1B

Geography

  • District: 88
  • Section: 10
  • Parcel: 88-20-10-127-014
  • Lot: 403
  • Meridian: SEC 10 TWN 2N RNG 11E
  • Municipality: TROY CITY
  • Latitude: 42.6038
  • Longitude: -83.143

    Address

  • Full Address: 5821 Folkstone Dr
  • Address - House Number: 5821
  • Address - Street Name: Folkstone
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Troy
  • Carrier Code: C085
  • 4-Digit Zip Code: 3148
  • Zip Code: 48085

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,259

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 477,926
  • High Value: 564,705
  • Low Value: 391,147

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $164,000
  • First Open Lien Mortgage Lender: ACTION FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Apr 10, 1996
  • First Open Lien Mortgage Loan Amount: $164,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $364,540

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $182,270

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 28, 1996
  • Current Sale Recording Date: Apr 10, 1996
  • Current Sale Transaction ID: 1089588216
  • Current Sale Price: $205,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACTION FINANCIAL INC
  • First Mortgage Transaction Date: Apr 10, 1996
  • First Mortgage Loan Amount: $164,000

About Troy



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Frequently Asked Questions

What neighborhood is 5821 Folkstone Drive located in?
The 5821 Folkstone Drive is a located in the neighborhood of Troy in Troy, Troy.
What is the average sales price for listings in 5821 Folkstone Drive?
The average sales price for units in 5821 Folkstone Drive is $0 currently.

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