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285 E Long Lake Rd, Troy, MI, 48085

3beds
3baths
2,049sqft
$415,000
$203price/sqft
$2,878/moest. monthly cost
$115,120/yrincome needed

About This Home

Welcome home! Come and see this charming home located in the heart of Troy! This beautiful example of Troy History has been mostly remodeled and modernized to today's luxury standards including updated electrical, plumbing and HVAC systems. You will find tasteful decor throughout the home, including hardwood floors, Italian tile, and various stone details that bring this home to the next level. Recently built, oversized 24x24 detached garage. Award winning Troy Schools with Home schools being Martell Elementary, Smith Middle School and Troy High School. Call (248) 654-8015 with any questions or to schedule a showing!

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

9/10
8/10
Smith Middle SchoolGrades 6-80.8 mi
9/10
Troy High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1925

Materials

  • Roof: Asphalt

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Garbage disposal,Microwave,Range / Oven,Refrigerator,Washer
  • Laundry features: In Unit

Basement

  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Flooring: Tile,Hardwood
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced air,Gas
  • Cooling features: Central

Interior Area

  • Total interior livable area: 2,049 sqft

Property

Details

  • Parcel number: 2010382001

Features

  • Exterior features: Vinyl,Brick

Lot

  • Lot size: 10,585 sqft

Parking

  • Total spaces: 2
  • Parking features: Garage - Detached

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Heat Wave
Ice Storm
Strong Wind

FEMA Declared Disasters in Oakland County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,098$25,176
Home Insurance *$125$1,500
Property Taxes $432$5,184
Electricity $223$2,681
Total$2,878$34,536
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$98,674/yr
40% on housing$86,340/yr
45% on housing$76,746/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.2%
14.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$203This listing

vs Other Active Listings

Avg $/sqft

ZIP 48085$233
Oakland County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 48085$215
Oakland County$192

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-26Price change$415,000
2026-02-13Listed for sale$399,000
2021-03-15Listing removed--
2020-11-29Price change$2,000
2020-10-28Listed for rent$2,200
2017-05-07Listing removed$2,000
2017-05-01Listed for rent$2,000

For Sale by Owner

AgentProperty Owner

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