NOT LISTED FOR SALE

40248 Colony Dr Sterling Heights, MI 48313

Estimated Value: $277,000 - $299,000

3 Beds
1 Bath
1,242 Sq Ft
$232/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $195,000 $157 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,910/month

13 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Ceiling Fan
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of September 2020

3 bedroom Brick Ranch with an eat in kitchen that is attached to a large Family Room. Door wall that leads to the back yard where you can enjoy some shade from the tree and BBQ with your family and friends. Hardwood floors throughout most of the main floor. Basement is partially finished with a half bath. Newer Hot Water tank in 2018. 2 car detached garage with a new garage door and an opener. Close to Dodge park and schools.

Last Agent to Sell the Property

Erick Monzo

Keller Williams Realty-Great Lakes License #6501330189 Listed on: 07/23/2020

Keller Williams Realty-Great Lakes

Co-Listed By

Elizabeth Wojt

Keller Williams Realty-Great Lakes License #6501393700

Last Buyer's Agent

Jesse Dion

License #6501397935

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1966

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60.00x120.00

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,242 Sq Ft Home
  • Ceiling Fan
  • Dishwasher
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Dana Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1015176012
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,134

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1966
  • State Equalized Value: 82100.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 2242
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 1242
  • Sq Ft Total Bsmt: 1300

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 60
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Door Opener
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Utica

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1249993.7500
  • Lot Size Area: 0.16
  • Lot Dimensions: 60.00X120.00
  • Parcel Number: 1015176012

Tax Info

  • Tax Amount Summer: 1938.0000
  • Tax Amount Winter: 196.0000
  • Total Tax: 2134.0000
  • Taxable Value: 58602.0000

MLS Schools

  • School District: Utica

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Sep 28, 2020
Sold by
Brown Matthew and Brown Melissa M
Bought by
Dombrock Emily and Dombrock David
Seller's Agent
Erick Monzo
Keller Williams Realty-Great Lakes
Buyer's Agent
Jesse Dion
List Price
$199,999
Sold Price
$195,000
Premium/Discount to List
-$4,999
-2.5%
Current Estimated Value
$287,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,678
Avg. Annual Appreciation
8.26%
Original Mortgage
$191,468
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 5, 2000
Sold by
Anderson Richard E
Bought by
Brown Matthew S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,900
Interest Rate
8.19%
Mortgage Type
Purchase Money Mortgage
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
Dombrock Emily $195,000 Shores Title Agency Llc
Brown Matthew S $151,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dornbrock David $191,468
Previous Owner Dornbrock David $7,500
Previous Owner Brown Matthew $131,550
Previous Owner Brown Matthew $144,000
Previous Owner Brown Matthew $18,000
Previous Owner Brown Matthew S $135,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $195,000 -2.5% $157 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $199,999 -- $161 / 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 $4,101 $130,000 $0 $0
2024 $3,750 $123,200 $0 $0
2023 $3,540 $111,500 $0 $0
2022 $3,690 $100,900 $0 $0
2021 $3,614 $93,700 $0 $0
2020 $2,083 $87,600 $0 $0
2019 $1,992 $82,100 $0 $0
2018 $2,160 $75,600 $0 $0
2017 $2,062 $72,400 $13,500 $58,900
2016 $1,992 $72,400 $0 $0
2015 -- $67,800 $0 $0
2014 -- $55,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Erick Monzo

    Seller's Agent in 2020

    Erick Monzo

    Keller Williams Realty-Great Lakes

    (586) 210-3350

    40 in this area

    1,891 Total Sales

    Erick Monzo
    Section Image

  • E

    Seller Co-Listing Agent in 2020

    Elizabeth Wojt

    Keller Williams Realty-Great Lakes

    (586) 855-1888

    3 in this area

    41 Total Sales

    Elizabeth Wojt
    Section Image

  • J

    Buyer's Agent in 2020

    Jesse Dion

    Section Image
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Map

Source: Realcomp

MLS Number: 2200057857

Realcomp

APN: 10-10-15-176-012

Michigan Macomb County Sterling Heights 48313

40248 Colony Dr, Sterling Heights, MI

This home is located at 40248 Colony Dr, Sterling Heights, MI 48313 since 23 July 2020 and is currently estimated at $287,678, approximately $231 per square foot. This property was built in 1966. 40248 Colony Dr is a home located in Macomb County with nearby schools including Schwarzkoff Elementary School, Davis Junior High School, and Adlai Stevenson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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