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$740,000

Listing Price

3beds

2.5baths

2,427sqft

22,651sqft lot

5218 Cherokee Ct, Troy, MI 48098

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

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For Sale

Single Family

Home type

304.9

Price / sqft

1978

Year built

Home Details

This 3-bedroom, 4-bathroom (2 full & 2 half), 2,427 sq. ft. single-family ranch home built in 1978 is truly a gem in the rough. It is situated on a generous .52 acre lot in the quiet cul-de-sac of Troy's highly sought after Chelsea Village neighborhood. The high quality Troy School system adds to the long-term value equation for this fixer-upper (flipper's/ Builders') dream project. Will be sold as is. Call for offers by 11.21.25 at 5pm. Seller is a licensed Realtor as well as the personal representative for the estate. The close date may be delayed due to sale needing to be approved by probate court.

Interior Details

Square Feet
  • 2427

Bedrooms
  • 3

Bathrooms
  • 2.5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    Basement (unspecified)

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 22651

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Ranch

Exterior
  • Brick

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$5,255

$0

$0

--%

$186,110

2019

$5,255

$0

$0

--%

$181,220

2018

$8,874

$0

$0

--%

$180,310

2017

$13,495

$0

$0

--%

$177,040

2016

$5,776

$0

$0

--%

$177,560

2014

$4,968

$0

$0

--%

$158,740

2013

$4,854

$0

$0

--%

$131,360

2012

$4,791

$0

$0

--%

$126,940

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Average Home Price in 48098

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$702,625

4 Beds

2.5 Baths

2,640 Sqft

19,166 Lot (sqft)

Sold 05/25/2026

$653,000

3 Beds

3 Baths

2,377 Sqft

13,504 Lot (sqft)

Sold 10/06/2026

$726,392

4 Beds

2.5 Baths

2,444 Sqft

16,988 Lot (sqft)

Sold 10/06/2026

$659,000

3 Beds

4 Baths

2,665 Sqft

16,553 Lot (sqft)

Sold 10/05/2026

$575,000

4 Beds

3 Baths

2,528 Sqft

18,295 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
740,000
$
Down payment
148,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
4,440
$
HOA (Monthly)
0
$
PMI
0
$
$4,790
Your Payment
Total Monthly Payment:$4,790
Percent of Income:82%
Affordable:No

Details for 5218 CHEROKEE CT

Property Debt

Foreclosure Contact Details