Sold
5116 Cardinal Drive, Troy, MI 48098
Sold on 05/28/2026 for$703,000
MLS # 26017901 (Michigan Regional Information Center (MichRIC))
4 beds4 baths3,888 sqftBuilt 19860.62 acres
1 / 45
Listing Description
Beautifully updated home in desirable Merihill Farms, located within the highly sought-after Troy School District! Situated on a prime corner lot, this spacious property offers 4 bedrooms, 3 full baths, and 1 half bath. Extensively refreshed in 2026, the home features new carpeting upstairs, brand-new flooring on the main level, and updated kitchen countertops. Bathrooms include refreshed shower doors, modern lighting, and mirrors, while fresh paint throughout provides a clean, move-in-ready feel. Enjoy multiple living spaces, including a den, formal dining room, family room, and a cozy living room with a fireplace--perfect for everyday living and entertaining. Step outside to a large wood deck, freshly repainted in 2026, ideal for relaxing or hosting gatherings. Major updates include furnace (2025), AC (2022), windows (2022), and roof (2019). A great opportunity in a prime location!
Source: SparkMLS
About this home
4-bedroom, 4-bath, 3,888 sq ft home in Troy in Troy built in 1986.
Closed at $703,000 (about $181/sq ft).
Property tax estimate: $6,560 per year ($547/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms4
Living Area3,888 sqft
Lot Size0.62 acres
Year Built1986
Stories2
Location
CityTroy
MunicipalityCity of Troy
Zip Code48098
CountyOakland
School DistrictTroy
Construction & Systems
StyleColonial
ConstructionBrick, Wood Siding
BasementFull
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesPhone Available, Cable Available, Natural Gas Connected, Cable Connected, High-Speed Internet
InteriorBroadband, Garage Door Opener, Eat-in Kitchen
Sale & Financing
Listed4/23/2026
Sold Date5/27/2026
Terms AcceptedCash, FHA, VA Loan, Conventional
Concessions$7,000
Source: SparkMLS
Tax Information
Annual Tax$6,560
Tax Year2025
State Equalized Value$279,710
Taxable Value$180,700
Assessed Value$180,700
Parcel #2007478015
Source: Public Records
Legal Description
T2N, R11E, SEC 7 MERIHILL FARMS SUB NO 1 LOT 12
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jason Strat
Redfin Corporation
Frequently Asked Questions about 5116 Cardinal Drive, Troy, MI 48098
Which school district serves 5116 Cardinal Drive, Troy, MI 48098?
Per MLS# 26017901, 5116 Cardinal Drive, Troy, MI 48098 is in the Troy boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Troy directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 26017901, this listing accepts Cash, FHA, VA Loan, Conventional financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 5116 Cardinal Drive, Troy, MI 48098?
Per public tax records, annual property taxes for this property are $6,560 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 5116 Cardinal Drive, Troy, MI 48098 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 5116 Cardinal Drive, Troy, MI 48098 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 5116 Cardinal Drive, Troy, MI 48098?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Monthly payment$4,468
Principal & interest$4,468
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5116 Cardinal Drive, Troy, MI 48098
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Municipality
Troy
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County
Oakland County
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