4866 Riverchase Drive
Troy, MI 48098
Single Family Residence · MLS # 20261090986 · Listing courtesy of Signature Sotheby's International Realty Bham
About this home
Custom built by Joseph Craig, this 3,901 sqft residence offers 4 bedrooms, 3.2 bathrooms, and a quiet cul-de-sac setting within the award-winning Troy School District.Conveniently located just minutes from Somerset Collection and a short drive from Downtown Birmingham.A stately columned entrance, arched windows, and mature landscaping create a distinctive presence.Inside, fresh paint, new carpeting, crown molding, and generous room proportions offer a polished backdrop.A formal dining room with detailed millwork complements an expansive great room with fireplace, while the spacious library offers a dedicated work setting.A separate family room with a second fireplace provides a relaxed gathering space with natural light and views of the surrounding greenery. The large kitchen features abundant cabinetry, granite countertops, a center island, a command center, and dining nook with direct access to the updated deck.A new glass French side-entry door provides convenient secondary access, and a first-floor laundry room adds practicality.Upstairs, 4 spacious bedrooms provide privacy and flexibility.The primary suite includes a spacious ensuite bathroom and walk-in closet; bathroom light fixtures have also been replaced.The attached 3-car garage features replaced door openers for the smaller and larger doors(2026 and 2025, respectively) and a new entry keypad. Dual-zone heating and cooling, including two furnaces and two A/C units, supports year-round comfort; updates include a furnace(2025), A/C unit(2022), and new hot water heater. Approximately 2,000 sq ft of unfinished lower-level space offers expansion potential.Outside, new exterior light fixtures and mailbox complement the mature, updated landscaping. The concrete driveway and walkway were replaced in 2016 in accordance with city code.Classic architecture, generous living space, and a convenient location complete this thoughtfully maintained Troy home.(Some photos have been virtually staged for marketing purposes.)
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 $949,000, or $243 per square foot, 31% above the city median, and has been on the market 1 day. 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 $14,864 a year. A buyer who lives here would pay about $10,430 to $17,273 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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