NOT LISTED FOR SALE

40560 Malvern Dr Sterling Heights, MI 48310

Estimated Value: $412,333 - $444,000

3 Beds
3.5 Baths
2,110 Sq Ft
$203/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $430,000 $204 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,882/month

5 Days on Market

Highlights

  • No HOA
  • 2 Car Direct Access Garage
  • Awning
  • Covered Patio or Porch
  • Shed
  • Forced Air Heating and Cooling System

About This Home

As of June 2024

Welcome to 40560 Malvern Drive in Sterling Heights. If you have been looking for the one that checks ALL the boxes, this is it! Situated on a large corner fenced lot deep within the heart of the sub in a perfect location. Beautiful curb appeal! Stunning white on trend Kitchen with SS appliances, backsplash and island. Spacious 3 Bedroom, 3.5 Bath with over 2100 square feet. Lower level office/craft room could also be used as a 4th bedroom. All bathrooms have been renovated. Updates within the last year and a half include: New Flooring, Whole House Generator, New A/C, Updated Electrical, New Dishwasher, New Microwave, New Vanity and Upgraded Gas Line. Roof 2015. Main floor laundry and half bath. Large, gorgeous covered patio and side entry garage. You won’t need to do anything at all except move in! Welcome Home.

Last Agent to Sell the Property

Kelly Finley

New Century REALTORS® License #6501361260 Listed on: 05/23/2024

Co-Listed By

Brian Ragland

New Century REALTORS® License #6501381909

Last Buyer's Agent

Michael Jones

Good Company License #6501379999

Good Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1988

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 98.00 x 128.00
  • Back Yard Fenced

Home Design

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

Interior Spaces

  • 2,110 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Awning
  • Family Room with Fireplace
  • Partially Finished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Direct Access Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Shed

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1018231001
  • $500 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Villager # 02 Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,242

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Split Level
  • Architecture Level: Quad-Level
  • Year Built: 1988
  • State Equalized Value: 163900.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Interior Amenities: 100 Amp Service
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 15
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Built-In Gas Oven, Dishwasher, Disposal, Free-Standing Refrigerator, Gas Cooktop, Microwave
  • Sq Ft Combined: 2660
  • Sq Ft Lower Floor: 550
  • Total Sq Ft: 2110
  • Sq Ft Total Bsmt: 625

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Exterior Features: Awning/Overhang(s), Lighting, Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 98
  • Porch Type: Porch - Covered, Patio, Porch, Patio - Covered, Covered
  • Road Frontage Type: Paved
  • Fencing: Back Yard

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Side Entrance, Direct Access, Electricity, Attached, Driveway
  • 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: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Utica

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.29
  • Lot Dimensions: 98.00 x 128.00
  • Parcel Number: 1018231001

Tax Info

  • Tax Amount Summer: 5709.0000
  • Tax Amount Winter: 533.0000
  • Total Tax: 6242.0000
  • Taxable Value: 163900.0000

MLS Schools

  • School District: Utica

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jun 14, 2024
Sold by
Shepard Kevin P and Shepard Elizabeth A
Bought by
Seferovic Valdet and Seferovic Sam
Seller's Agent
Kelly Finley
New Century REALTORS®
Buyer's Agent
Michael Jones
Good Company
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%
Views
33
Current Estimated Value
$427,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,167
Avg. Annual Appreciation
-0.42%
Original Mortgage
$330,000
Outstanding Balance
$326,372
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$101,461

Purchase Details

Listed on
Sep 14, 2022
Closed on
Nov 16, 2022
Sold by
John G Frank And Nancy Marie Frank Trust
Bought by
Shepard Kevin P and Shepard Elizabeth A
Seller's Agent
David Jacobson
Realty Executives Home Towne Chesterfield
Buyer's Agent
Kelly Finley
New Century REALTORS®
List Price
$379,900
Sold Price
$365,000
Premium/Discount to List
-$14,900
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.93%
Original Mortgage
$175,000
Interest Rate
7.08%

Purchase Details

Closed on
Dec 27, 2016
Sold by
Frank John G and Frank Nancy Marie
Bought by
Frank John G and Frank Nancy Marie
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
Seferovic Valdet $430,000 None Listed On Document
Shepard Kevin P $365,000 --
Frank John G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seferovic Valdet $330,000
Previous Owner Shepard Kevin P $172,800
Previous Owner Shepard Kevin P $175,000
Previous Owner Frank John G $100,000
Previous Owner Frank John G $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $430,000 +1.2% $204 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $425,000 +16.4% $201 / Sq Ft
11/16/2022 11/16/22 Sold $365,000 -2.6% $137 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
09/29/2022 09/29/22 Price Changed $374,900 -1.3% $141 / Sq Ft
09/16/2022 09/16/22 For Sale $379,900 -- $143 / 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 $6,613 $192,300 $0 $0
2024 $6,047 $181,700 $0 $0
2023 $5,709 $163,900 $0 $0
2022 $3,377 $137,600 $0 $0
2021 $3,307 $132,600 $0 $0
2020 $2,950 $123,600 $0 $0
2019 $3,022 $120,400 $0 $0
2018 $3,053 $108,700 $0 $0
2017 $2,894 $101,500 $22,800 $78,700
2016 $2,796 $101,500 $0 $0
2015 -- $92,600 $0 $0
2014 -- $77,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240034384

Realcomp

APN: 10-10-18-231-001