NOT LISTED FOR SALE

38277 River Park Dr Sterling Heights, MI 48313

Estimated Value: $418,000 - $529,000

3 Beds
3.5 Baths
2,502 Sq Ft
$197/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $475,000 $190 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,253/month

50 Days on Market

Highlights

  • Deck
  • No HOA
  • 2.5 Car Attached Garage
  • Havel Elementary School Rated A-
  • Cul-De-Sac
  • Forced Air Heating and Cooling System

About This Home

As of May 2024

PRICE REDUCED TO SELL! Professional appraisal shows value at $497,000.00 attached to "My Documents" Sellers also paid for a full HOME INSPECTION! ALL ITEMS ON REPORT HAVE BEEN ADDRESSED AND FIXED. ANY items on the report that were not fixed have been documented and is available to view or be sent to your email. Report will be provided upon request! Home has been professionally cleaned! Home has bee treated for all insects, ants, spiders and since it is a wooded area mice traps were placed all throughout the inside and outside of home. All reports and findings are available to any interested buyers. ALL REPORTS ARE AVAILABLE TO VIEW AND PRINT: Appraisal report, full inspection report, a detailed list of Licensed Contractors repairs that have already been completed and updated Sellers disclosure statements. Custom built home located in RIVER PARK SUBDIVISION! Home is located on a Cul-de-sac, and backs up to Rammler Golf Course. Relax on your BRAND NEW wood deck & enjoy a stunning wooded view. Home features built in lighting that automatically turn on at night, lighting up hallways & bathrooms. Closet door lights go on when the door is open & goes off when the door is closed. Large Kitchen/Breakfast Nook area, Kitchen has an island with an additional sink w/water filter attached. Large Master Bedroom w/ Master Bath on the entry level. Two stairways entering the 2nd level, that consists of 2 large bedrooms, large full bath & an unfinished BONUS ROOM. Wide stairs, large rooms, lots of closet and storage areas. Finished basement w/ mechanical room, storage rooms, office area, Bedroom, full bath & a large entertaining area. 2.5 car garage, built in landscape lighting, two lantern light poles, one in front, one in backyard. A MUST SEE!

Last Agent to Sell the Property

Mary Shamo

Stonemark Realtors LLC License #6502388494 Listed on: 02/08/2024

Last Buyer's Agent

Catherine Lu

National Realty Centers, Inc License #6501365978

National Realty Centers, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1994

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 80.00 x 131.00
  • Cul-De-Sac
  • Street terminates at a dead end

Parking

  • 2.5 Car Attached Garage

Home Design

  • Split Level Home
  • Bi-Level Home
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,502 Sq Ft Home
  • Great Room with Fireplace
  • Finished Basement

Kitchen

  • Built-In Gas Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Mid level unit with steps

Listing and Financial Details

  • Assessor Parcel Number 1024229023

Community Details

Overview

  • No Home Owners Association
  • River Park Estates Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,550

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Split Level
  • Architecture Level: Bi-Level
  • Year Built: 1994
  • State Equalized Value: 231700.0000
  • Entry Location: Mid Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Great Room
  • Room Count: 13
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Built-In Gas Oven, Dishwasher, Disposal, Electric Cooktop, Free-Standing Refrigerator, Microwave
  • Sq Ft Combined: 3823
  • Sq Ft Lower Floor: 1321
  • Total Sq Ft: 2502
  • Sq Ft Total Bsmt: 1838

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Foundation Materials: Poured
  • Frontage Feet: 80
  • Porch Type: Deck
  • Road Frontage Type: Cul-De-Sac
  • Sideof Street: S

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Utica

Lot Info

  • Homestead: Yes
  • Lot Features: Dead End Street, Near Golf Course
  • Lot Size Area: 0.24
  • Lot Dimensions: 80.00 x 131.00
  • Parcel Number: 1024229023

Tax Info

  • Tax Amount Summer: 5091.0000
  • Tax Amount Winter: 459.0000
  • Total Tax: 5550.0000
  • Taxable Value: 146146.0000

MLS Schools

  • School District: Utica

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
May 1, 2024
Sold by
Merrelli Alfred G and Merrelli Carolyn S
Bought by
Li Qi and Li Yumeng
Seller's Agent
Mary Shamo
Stonemark Realtors LLC
Buyer's Agent
Catherine Lu
National Realty Centers, Inc
List Price
$542,000
Sold Price
$475,000
Premium/Discount to List
-$67,000
-12.36%
Total Days on Market
50
Views
279
Current Estimated Value
$507,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,023
Avg. Annual Appreciation
3.63%
Original Mortgage
$225,000
Outstanding Balance
$222,454
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$275,111

Purchase Details

Closed on
May 31, 2023
Sold by
Merrelli Alfred G and Merrelli Carolyn S
Bought by
Merrelli Carolyn S and Merrelli Alfred G
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Li Qi $475,000 First Premier Title
Li Qi $475,000 First Premier Title
Merrelli Carolyn S -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Qi $225,000
Closed Li Qi $225,000
Previous Owner Merrelli Alfred G $95,000
Previous Owner Merrelli Alfred G $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $475,000 -2.1% $190 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/22/2024 03/22/24 Price Changed $485,000 -2.4% $194 / Sq Ft
02/29/2024 02/29/24 Price Changed $497,000 -8.3% $199 / Sq Ft
02/08/2024 02/08/24 For Sale $542,000 -- $217 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,897 $268,000 $0 $0
2024 $5,392 $257,700 $0 $0
2023 $5,091 $231,700 $0 $0
2022 $5,307 $188,800 $0 $0
2021 $5,197 $181,300 $0 $0
2020 $4,636 $178,200 $0 $0
2019 $4,433 $176,400 $0 $0
2018 $4,802 $161,800 $0 $0
2017 $4,588 $156,200 $22,500 $133,700
2016 $4,433 $156,200 $0 $0
2015 -- $145,700 $0 $0
2014 -- $121,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240007946

Realcomp

APN: 10-10-24-229-023