1040 Pine Tree Lane

About this home

**Home qualifies for 3.875% Rate**/ 6.104% APR** first year rates with a 2/1 Buydown on a 30-year fixed-rate conventional loan through M/I Financial, LLC. Welcome to 1040 Pine Tree Lane, Troy, MI — a stunning new construction townhome built by M/I Homes. This 3-level home offers 1,825 square feet of thoughtfully designed living space, featuring 3 bedrooms, 2 full bathrooms, and 1 half bathroom. Step inside to discover an open-concept living space that creates a welcoming atmosphere for everyday living and entertaining. The quality of design is evident throughout, with carefully selected finishes and a well-planned floorplan that maximizes both comfort and functionality across all 3 above-ground levels. Key Features: 3 stories 1,825 square feet of living space 3 bedrooms, 2.5 bathrooms Spacious deck Flex room 2-car garage Owner's bedroom with private en-suite bathroom The owner's bedroom includes a private en-suite bathroom, providing a comfortable retreat at the end of each day. Additional bedrooms offer generous space, making this home well-suited for a variety of lifestyles. This home is situated in a sought-after neighborhood with convenient proximity to parks, offering residents easy access to outdoor recreation and green spaces. The surrounding area provides a pleasant setting that complements the quality and care put into this new construction home.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Troy

Over the last 90 days, 216 homes sold in Troy for a median of $437,750, about $185 per square foot, and the typical one went under contract in 12 days. This home is listed at $563,630, or $309 per square foot, 67% above the city median, and has been on the market 87 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Troy sales or ask us for the comparable sales on this one.

Property taxes for a new owner

A buyer who lives here would pay about $10,259 a year once the taxable value resets after the sale, at the 2025 homestead rate of 36.04 mills for Troy City and Troy schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate and HOA when listed. Ask us for a lender quote.

Location

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