1320 Larayne Drive

About this home

This is the kind of Troy property that’s hard to replicate — completely remodeled, sitting on nearly 0.7 acres with a fully fenced backyard and an in-ground pool. You get the updates and finishes buyers want without sacrificing the space, privacy, and character that make this neighborhood so unique. Inside, the home has been thoughtfully remodeled from top to bottom, creating a fresh, move-in-ready interior while making smart use of every square foot. While public records may not yet reflect the current layout, the upstairs has been transformed to include two additional bedrooms and a half bath. Major mechanical and exterior updates have already been handled, including the roof, siding, furnace, and central air, all replaced approximately three years ago. The basement has also been dry-locked with no known water issues. Outside is where this property really separates itself. The nearly 0.7-acre lot is completely fenced, creating a huge private backyard with plenty of room for pets, entertaining, gardening, play, or simply enjoying a little breathing room — something you don’t find every day in Troy. The in-ground pool makes the backyard even better. The pump and heater were replaced in 2023, and the sellers had a brand-new pool liner professionally installed in August 2026, taking care of one of the pool’s biggest updates for the next owner. The location is just as impressive. You’re minutes from Somerset Collection, downtown Rochester, Meadow Brook, golf courses, restaurants, shopping, and entertainment along Big Beaver, with convenient access to I-75 and highly regarded Troy schools.

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 $625,000, or $417 per square foot, 125% above the city median, and has been on the market 56 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

The current owner pays about $3,434 a year. A buyer who lives here would pay about $2,260 to $11,376 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 when listed. Ask us for a lender quote.

Location

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