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5700 Faircastle Dr, Troy, MI, 48098

$550,000

Home List Price

$6,531*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,604 SqFt
$211/SqFt
House

Location

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5700 Faircastle Dr, Troy$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingTwoandHalfCarGarage, Attached, Driveway, ElectricityinGarage, GarageDoorOpener, SideEntrance
Attached Garage2 spaces
Year Built1978
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #20240084302
Lot Size0.39 Acres
StatusActive

About 5700 Faircastle Dr

Welcome to this wonderful home in the coveted Forest View Village. Move in ready - freshly painted, updated baths & kitchen. Enjoy over 2600 sf of living space. All rooms are generously sized. The impressive foyer welcomes guests. The formal living/dining room features a wall of windows for peaceful backyard views. Off the dining room the 3 seasons room is a wonderful spot to sip coffee and read a book. The kitchen is a chef's dream with plenty of counter space to spread out and create great food. The expansive pantry will hold everything that you need. Upstairs is a massive primary suite featuring a walk-in closet, dressing area and private bath. The 2nd bedroom with dual closets and direct access to the main bath. The full unfinished basement is ready for your creative touch. All of this and so much more!!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1978
  • Living Area: 2,604 SqFt

Listing Office:

  • Office Name: KW Domain
  • Office Phone: (248) 590-0800
  • Listing Agent: Deborah Falzon

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Lighting

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: TwoandHalfCarGarage, Attached, Driveway, ElectricityinGarage, GarageDoorOpener, SideEntrance

Lot Features

Lot Information:

  • Lot Size: 0.39 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Enter Faircastle (N) off of Northfield Parkway

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $211/SqFt

HOA Fees:

  • Amount: $85
  • Frequency: Annually

Tax Information:

  • Annual Amount: $4,158
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$450K

Med. Price/SqFt

$187

Avg. Days On Market

24

# of Sold Homes

50

5700 Faircastle Dr vs Troy

40 DAYS ON ROCKET

+16 Days

$550,000

+$99.9K More

$211/SqFt

+$23 More

KEY TAKEAWAY

This property is $99.9K more than the Median Sold Price and $23/SqFt more than other homes in Troy, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240084302

Listing Office:

  • Office Name: KW Domain
  • Office Phone: (248) 590-0800
  • Listing Agent: Deborah Falzon

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 3:21:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,158$162,900
2018$4,112$145,050
2017$4,039$142,440

History based on county public records data.

Payment Calculator

$2,820

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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NMLS#3030

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-4350864
5
/10
  • Eastover Elementary School

  • 1101 Westview Rd

  • 1.44 miles

  • Public District Grades KG-5

school-card-donut-4350865
6
/10
  • Deerfield Elementary School

  • 3600 Crooks Rd

  • 1.93 miles

  • Public District Grades KG-5

school-card-donut-4350866
9
/10
  • Martell Elementary School

  • 5666 Livernois Rd

  • 2.00 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $104,643. Most Troy, MI residents have annual incomes between $100k-200k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

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 5700 Faircastle Dr

What is the listing price of this property?

The listing price of 5700 Faircastle Dr property is $550,000.

What type of property is this?

The property 5700 Faircastle Dr is a house located in Troy, Michigan, 48098.

Is this property for sale now?

Active Listing: 5700 Faircastle 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 $4,158 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5700 Faircastle Dr has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5700 Faircastle Dr is 2,604 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5700 Faircastle Dr is 1978.

Rocket HomesMichiganOakland CountyTroy480985700 Faircastle Dr

This home is located at 5700 Faircastle Dr in Troy, MI and zip code 48098. This 2,604 square foot home, which was built in 1978, sits on a 0.39 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $550,000.

Troy, MI housing market in November 2024 saw over 16 listings sold above listed price, more than 7 sold at listed price and over 27 sold below. The inventory of homes for sale in Troy, MI between October 2024 and November 2024 decreased by 11.5%. Listings spent 24 days on the market in November 2024, and had a median list price of $450,027 during the same period.

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

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