NOT LISTED FOR SALE

40747 Olivet Dr Unit 19 Sterling Heights, MI 48313

Estimated Value: $495,000 - $545,072

4 Beds
2.5 Baths
2,982 Sq Ft
$174/Sq Ft Est. Value

Last Sold April 05, 2021

Last sale price $380,000 $127 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,561/month

24 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • 3 Car Attached Garage
  • Oakbrook Elementary School Rated A-
  • Double Oven
  • Central Air

About This Home

As of April 2021

* Corner lot * Sump pump with extra battery backup * Double oven installed 2019 * Water heater 2018 * Utica Schools

Last Agent to Sell the Property

Scott Fader

Mitten Realty Group LLC License #6502418243 Listed on: 01/14/2021

Co-Listed By

Gary Brincat

Mitten Realty Group LLC License #6501400857

Last Buyer's Agent

Heather Rich

Quest Realty LLC License #6501378175

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2006

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 94x126
  • Sprinkler System

HOA Fees

  • $60 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Split Level Home
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,982 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Partially Finished Basement
  • Sump Pump

Kitchen

  • Double Oven
  • Built-In Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Location

  • Ground Level Unit

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Satellite Dish

Community Details

  • Elmhurst Site Condo #897 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1013129019

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,110

Year Built

Built in 2006

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial, Split Level
  • Architecture Level: 2 Story
  • Year Built: 2006
  • State Equalized Value: 187700.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 13
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Electric Cooktop, Dishwasher, Dryer, Microwave, Built-In Electric Oven, Double Oven, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 3482
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 2982
  • Sq Ft Total Bsmt: 1713

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Construction Features: Site Condo
  • Exterior Features: Satellite Dish
  • Foundation Materials: Block, Brick/Mortar
  • Frontage Feet: 94
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Hot Water
  • Sewer: Shared Septic (Common)
  • Water Heater Fuel: Electric
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee Frequency: Semi-Annual
  • Association Fee: 360
  • Association Fee: Yes

Schools

  • School District: Utica

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1479151.8519
  • Lot Features: Sprinkler(s)
  • Lot Size Area: 0.27
  • Lot Dimensions: 94x126
  • Parcel Number: 1013129019

Tax Info

  • Tax Amount Summer: 4671.0000
  • Tax Amount Winter: 439.0000
  • Total Tax: 5110.0000
  • Taxable Value: 133907.0000

MLS Schools

  • School District: Utica

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Mar 24, 2021
Sold by
Shafquat Shoaib and Shafquat Dawn
Bought by
Kraft Nicholas J and Kraft Jennifer K
Seller's Agent
Scott Fader
Mitten Realty Group LLC
Buyer's Agent
Heather Rich
Quest Realty LLC
List Price
$399,371
Sold Price
$380,000
Premium/Discount to List
-$19,371
-4.85%
Current Estimated Value
$519,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,518
Avg. Annual Appreciation
7.56%
Original Mortgage
$388,645
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Jul 27, 2012
Sold by
Shafquat Shoaib and Shafquat Dawn
Bought by
Shafquat Shoaib and Shafquat Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,657
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 9, 2011
Sold by
Shafquat Shoaib and Shafquat Dawn
Bought by
Shafquat Shoaib and Shafquat Dawn M

Purchase Details

Closed on
Nov 17, 2006
Sold by
Stevenson Kendra L and Stevenson Glenn
Bought by
Hsbc Bank Usa Na and Ace Securities Corp Home Equity Loan Tr

Purchase Details

Closed on
Apr 28, 2006
Sold by
Centex Homes
Bought by
Stevenson Glenn and Stevenson Kendra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
10.35%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Kraft Nicholas J $380,000 Inked Title Llc
Shafquat Shoaib -- None Available
Shafquat Shoaib -- None Available
Hsbc Bank Usa Na $320,848 None Available
Stevenson Glenn -- Enterprise Title Solutions
Centex Homes -- Enterprise Title Solutions
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kraft Nicholas J $388,645
Previous Owner Shafquat Shoaib $50,000
Previous Owner Shafquat Shoaib $229,600
Previous Owner Shafquat Shoalb $14,657
Previous Owner Shafquat Shoaib $228,600
Previous Owner Stevenson Glenn $304,000
Previous Owner Stevenson Glenn $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2021 04/05/21 Sold $380,000 -4.9% $127 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $399,371 -- $134 / 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 $8,109 $245,900 $0 $0
2024 $7,415 $239,400 $0 $0
2023 $7,000 $216,200 $0 $0
2022 $7,298 $191,400 $0 $0
2021 $5,237 $189,500 $0 $0
2020 $4,671 $187,700 $0 $0
2019 $4,786 $180,800 $0 $0
2018 $4,840 $166,400 $0 $0
2017 $4,624 $156,800 $21,700 $135,100
2016 $4,467 $156,800 $0 $0
2015 -- $142,400 $0 $0
2014 -- $122,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210002806

Realcomp

APN: 10-10-13-129-019