13 days on rocket

5288 Cheltenham Dr, Troy, MI, 48098

$575,000

Home List Price

$6,828*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,367 SqFt
$243/SqFt
House

Location

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5288 Cheltenham Dr, Troy$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Door Opener, Attached
Attached Garage2 spaces
Year Built1985
HeatingForced Air
CoolingCentral Air, Ceiling Fan(s), Humidity Control
BasementYes
FireplaceFamily Room, Gas Log
MLS #24057559
Lot Size0.31 Acres
StatusActive

About 5288 Cheltenham Dr

Come FALL in love with this fabulous NW Troy home! This 3 bedroom, 2.5 bathroom residence offers endless potential for families of any size. Its premier location close to shopping, parks, & acclaimed Hamilton, Boulan & Troy High schools is ideal. The main floor primary suite, vaulted ceilings, open great rm, tall windows, study/flex rm, & convenient 1st fl laundry all add to the allure of this quality home. The beautiful freshly painted exterior along with new garage door & coach lights provides the welcoming curb appeal you desire. An added draw for this highly sought after neighborhood is the shared private park with play structure, walking paths, & tranquil pond. Home warranty & immediate occupancy available. Hurry & seize the opportunity to make this your home for the holidays!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1985
  • Stories: 2
  • Living Area: 2,367 SqFt

Listing Office:

  • Office Name: Griffin Realty, Inc.
  • Office Phone: (248) 524-1751
  • Listing Agent: Melody Griffin

Interior Features

Interior Information:

  • Appliances: Washer, Refrigerator, Range, Microwave, Dryer, Disposal, Dishwasher
  • Basement: Yes
  • Interior: Ceiling Fan(s), Humidifier, Security System
  • Fireplace: Family Room, Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage Door Opener, Attached

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air, Ceiling Fan(s), Humidity Control

Other

Directions Information:

  • Directions: North of Long Lake, West off of Coolidge onto Cameo, Right onto Cheltenham

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000
  • Price Per SqFt: $243/SqFt

HOA Fees:

  • Amount: $80
  • Frequency: Annually

Tax Information:

  • Annual Amount: $6,991
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Troy, MI.

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Troy, MI

City

Med. Sold Price

$442.5K

Med. Price/SqFt

$227

Avg. Days On Market

17

# of Sold Homes

79

5288 Cheltenham Dr vs Troy

13 DAYS ON ROCKET

-4 Days

$575,000

+$132.4K More

$243/SqFt

+$15 More

KEY TAKEAWAY

This property is $132.4K more than the Median Sold Price and $15/SqFt more than other homes in Troy, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24057559

Listing Office:

  • Office Name: Griffin Realty, Inc.
  • Office Phone: (248) 524-1751
  • Listing Agent: Melody Griffin

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 1:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 29, 2017Home Sold
$365,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,991$192,470
2018$6,916$184,470
2017$4,768$180,730

History based on county public records data.

Payment Calculator

$2,943

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-538470
5
/10

  • Eastover Elementary School

  • 1101 Westview Rd

  • 1.42 miles

  • Public District Grades KG-5

school-card-donut-538471
9
/10

  • Bemis Elementary School

  • 3571 Northfield Pkwy

  • 1.71 miles

  • Public District Grades KG-5

school-card-donut-538472
9
/10

  • Harlan Elementary School

  • 3595 N Adams Rd

  • 2.00 miles

  • Public Magnet Grades EE-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $192,857. Typical income of Troy, MI residents is $200k+ annually. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Troy, MI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Troy, MI.

Troy's housing market is diverse, offering a range of options from spacious single-family homes to convenient apartments and townhouses. The architectural styles vary, with a prevalence of contemporary and colonial homes that reflect the city's growth. A significant portion of the housing stock was developed in the late 20th century, contributing to the modern suburban feel of the area. The homeownership rate in Troy is robust, with a majority of residents owning their homes, while a smaller yet substantial segment of the population opts for rental living.

What is it like to live in Troy, MI?

Troy is celebrated for its family-friendly atmosphere and strong sense of community. The city prides itself on a blend of suburban tranquility and urban amenities, offering residents a comfortable and connected lifestyle. Annual events and festivals contribute to the vibrant local culture, fostering a spirit of togetherness and celebration among residents.

Is it easy to get around Troy, MI without a car?

The community is served by a well-rounded selection of services, including a network of public schools that cater to students from kindergarten through high school, as well as private educational institutions. Healthcare is accessible through local clinics and a nearby hospital equipped with emergency and specialized services. Troy's public library system is active, providing resources and programs for all ages. Retail and dining options are plentiful, with establishments ranging from local boutiques to international cuisine, reflecting the city's diverse cultural fabric.

Transportation in Troy, MI.

Transportation in Troy is facilitated by a network of major roads and highways, making commuting and travel convenient for residents. Public transit options are available, with bus services connecting various parts of the city. The area's walkability varies, with certain neighborhoods offering more pedestrian-friendly environments than others. Ride-sharing services are operational in Troy, providing an alternative mode of transportation for those seeking flexibility. The city is continually working to improve its transportation infrastructure to meet the needs of its growing population.

Frequently Asked Questions About 5288 Cheltenham Dr

What is the listing price of this property?

The listing price of 5288 Cheltenham Dr property is $575,000.

What type of property is this?

The property 5288 Cheltenham Dr is a house located in Troy, Michigan, 48098.

Is this property for sale now?

Active Listing: 5288 Cheltenham Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,991 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 29, 2017 for $365,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5288 Cheltenham Dr has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5288 Cheltenham Dr is 2,367 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5288 Cheltenham Dr is 1985.

Rocket Homes›Michigan›Oakland County›Troy›48098›5288 Cheltenham Dr

This home is located at 5288 Cheltenham Dr in Troy, MI and zip code 48098. This 2,367 square foot home, which was built in 1985, sits on a 0.31 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 02, 2024 and is currently priced at $575,000.

In October 2024 more than 36 listings in Troy, MI were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 37 were sold below. The inventory of homes for sale in Troy, MI between September 2024 and October 2024 increased by 4.6%. The median list price of listings available in October 2024 was $442,528, while the average time on the real estate market was 17 days.

From Rocket Homes Real Estate and based on county public records data.

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