NOT LISTED FOR SALE

40525 Riverbend Dr Sterling Heights, MI 48310

Estimated Value: $516,431 - $551,000

4 Beds
2.5 Baths
2,661 Sq Ft
$200/Sq Ft Est. Value

Sale Details

Date Sold: June 17, 2020

Last sale price $370,000 $139 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,469 / mo

2 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • 2 Car Attached Garage
  • Adlai Stevenson High School Rated 9+
  • No HOA
  • Home fronts a stream

About This Home

As of June 2020

This home has great floorplan! Well maintained! Great location! Clean, new paint throughout, hardwood floor throughout, spacious, soaring ceilings, master in the first floor, and daylight basement! The home features of 4 bedrooms, 2.5 bath with 2661 sqft ! The grand two-story foyer offers an open view of the great room beyond. The kitchen features of granite countertop, white kitchenette, vented out hood, a roomy breakfast area, and doorwall to the deck of the view of the river. Spectacular first floor master bedroom with dual vanity, shower and jetted tub. Library/office with full of sunlight. 1st floor laundry. This is the home you don’t want to miss! Virtual showing available, please contact agent 248-342-0538.

Last Agent to Sell the Property

Ming Goh

KW Domain License #6501363892 Listed on: 05/20/2020

KW Domain

Last Buyer's Agent

Theresa Sitto

Home Sweet Home Realty License #6502409556

Home Sweet Home Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2001 | Remodeled in 2015

Lot Details

  • 16,117 Sq Ft Lot
  • Lot Dimensions are 70.00x233.00
  • Home fronts a stream

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,661 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Washer

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Sump Pump
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • River Bend Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1018102003

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,566

Year Built

Built in 2001 | Remodeled in 2015

Lot Details

0.37 Acres

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary, Split Level
  • Architecture Level: 2 Story
  • Year Built: 2001
  • State Equalized Value: 170800.0000
  • Year Renovated: 2015
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Dining Room, Family Room
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 2661

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Porch Type: Deck
  • Road Frontage Type: Paved
  • Waterfront Description: Creek, Stream

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1013513.5135
  • Lot Size Area: 0.37
  • Lot Dimensions: 70.00X233.00
  • Parcel Number: 1018102003

Tax Info

  • Tax Amount Summer: 4146.0000
  • Tax Amount Winter: 420.0000
  • Total Tax: 4566.0000
  • Taxable Value: 125372.0000

MLS Schools

  • School District: Utica

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Jun 17, 2020
Sold by
Marouki Yousif
Bought by
Marouki Yousif and Yousif Maissem
Seller's Agent
Ming Goh
KW Domain
Buyer's Agent
Theresa Sitto
Home Sweet Home Realty
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Current Estimated Value
$532,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,108
Avg. Annual Appreciation
6.43%
Original Mortgage
$277,500
Outstanding Balance
$245,983
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$286,125

Purchase Details

Closed on
Apr 22, 2015
Sold by
Chong Yow Yat and Zhang Ling
Bought by
Thoo Chai Weng Cheong and Thoo Chong Yow

Purchase Details

Closed on
Jun 19, 2008
Sold by
Fremont Investment & Loan
Bought by
Hsbc Bank Usa Na and Fremont Home Loan Trust 2003-B Asset Bac

Purchase Details

Closed on
Aug 20, 2007
Sold by
Mortgage Electronic Registration Systems
Bought by
Fremont Investment & Loan

Purchase Details

Closed on
Jul 27, 2007
Sold by
Ballew Camille and Ballew Vincent
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jan 31, 2002
Sold by
Sal Mar Building Co Inc
Bought by
Ballew Camille

Purchase Details

Closed on
Jun 24, 1998
Sold by
Elro Corporation
Bought by
Bravo Homes Ii Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marouki Yousif -- None Available
Marouki Yousif $370,000 First American Title Ins Co
Thoo Chai Weng Cheong -- Progressive Title
Hsbc Bank Usa Na -- None Available
Fremont Investment & Loan -- None Available
Mortgage Electronic Registration Systems $210,000 None Available
Ballew Camille $359,900 --
Bravo Homes Ii Llc $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marouki Yousif $277,500
Closed Ballew Camille --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2020 06/17/20 Sold $370,000 -1.3% $139 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $375,000 -- $141 / Sq Ft
Source: Realcomp

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 $7,553 $247,600 $0 $0
2024 $71 $230,200 $0 $0
2023 $6,744 $205,300 $0 $0
2022 $7,031 $184,400 $0 $0
2021 $6,897 $178,800 $0 $0
2020 $4,457 $172,800 $0 $0
2019 $4,262 $170,800 $0 $0
2018 $4,268 $161,500 $0 $0
2017 $4,411 $151,400 $26,300 $125,100
2016 $4,262 $151,400 $0 $0
2015 -- $140,600 $0 $0
2014 -- $118,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200035190

Realcomp

APN: 10-10-18-102-003

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