NOT LISTED FOR SALE

40078 Steel Dr Sterling Heights, MI 48310

Estimated Value: $312,000 - $382,990

4 Beds
2 Baths
1,733 Sq Ft
$207/Sq Ft Est. Value

About This Home

This home is located at 40078 Steel Dr, Sterling Heights, MI 48310 and is currently estimated at $358,998, approximately $207 per square foot. 40078 Steel Dr is a home located in Macomb County with nearby schools including Schuchard Elementary School, Frank Jeannette Junior High School, and Adlai Stevenson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2023
Sold by
Butrus Rafi and Butrus John
Bought by
Butrus Rami
Current Estimated Value
$358,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,200
Outstanding Balance
$254,208
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$104,790

Purchase Details

Closed on
Apr 24, 2014
Sold by
Shaba Majid and Bola Dhamia M
Bought by
Butrus Rafi and Butrus John

Purchase Details

Closed on
Nov 29, 2011
Sold by
Shakouri Sinan and Shakouri Sarmad
Bought by
Shaba Majid and Bola Dhamia M

Purchase Details

Closed on
Apr 25, 2011
Sold by
Yousif Helen
Bought by
Shakouri Sinan and Shakouri Sarmad

Purchase Details

Closed on
Dec 22, 2004
Sold by
Dave Indrajit A and Dave Pratima I
Bought by
Yousif Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Butrus Rami $360,000 None Listed On Document
Butrus Rami $360,000 None Listed On Document
Butrus Rafi $174,998 Century Title Agency Service
Shaba Majid $145,000 Century Title Agency Svcs
Shaba Majid -- Century Title Agency Svcs
Shakouri Sinan $97,000 None Available
Yousif Helen $208,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butrus Rami $259,200
Closed Butrus Rami $259,200
Previous Owner Yousif Helen $166,400
Source: Public Records

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 $5,223 $172,000 $0 $0
2024 $6,611 $163,800 $0 $0
2023 $3,787 $136,900 $0 $0
2022 $4,032 $124,400 $0 $0
2021 $3,793 $115,000 $0 $0
2020 $2,922 $110,100 $0 $0
2019 $2,795 $102,600 $0 $0
2018 $3,030 $88,400 $0 $0
2017 $2,893 $84,900 $15,300 $69,600
2016 $2,795 $84,900 $0 $0
2015 -- $77,700 $0 $0
2014 -- $60,000 $0 $0
Source: Public Records

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