1795 N Lake Drive
Troy, MI 48083
Single Family Residence · MLS # 20261084516 · Listing courtesy of The Brokerage Real Estate Enthusiasts
About this home
Location, charm, and space to make yourself at home! Welcome to this 3-bedroom, 1.5-bath home in a highly desirable neighborhood within Troy Public Schools. The spacious, open-concept kitchen and living room create a welcoming flow for everyday living and entertaining, while a separate formal dining room offers the perfect spot for hosting family and friends. A remodeled kitchen in 2010 with maple cabinetry and granite countertops, and hard-surface flooring throughout the home adds style and easy maintenance. The primary bedroom features a large walk-in closet, giving you the extra storage space you've been looking for. Main-floor laundry adds everyday convenience, while the basement offers additional plenty of storage options, and potential to create even more usable space. Major updates include a new roof in 2024, a new water heater in 2025, and furnace and AC updated in 2018. The attached two-car garage includes a workbench, perfect for projects and hobbies, and a garden shed provides even more storage. The neighborhood's small HOA fee helps maintain common areas. With this lot, enjoy a peaceful setting backing up to the woods and a nearby walking path connecting you to Raintree Park, where you'll find a baseball field, sand volleyball, disc golf, playgrounds, and a paved walking trail. Conveniently located near Troy Athens High School, Barnard Elementary, International Academy East, shopping, restaurants, and the I-75 corridor, this home brings together comfortable living, valuable updates, and a FANTASTIC location. Come see everything this home has to offer!
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 $475,000, or $216 per square foot, 17% above the city median, and has been on the market 17 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 $4,076 a year. A buyer who lives here would pay about $4,087 to $8,646 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
Similar homes in Troy
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