NOT LISTED FOR SALE

40843 Olivet Dr Sterling Heights, MI 48313

Estimated Value: $536,000 - $608,000

5 Beds
3 Baths
3,292 Sq Ft
$170/Sq Ft Est. Value

About This Home

This home is located at 40843 Olivet Dr, Sterling Heights, MI 48313 and is currently estimated at $560,215, approximately $170 per square foot. 40843 Olivet Dr is a home located in Macomb County with nearby schools including Oakbrook Elementary School, Heritage Junior High School, and Adlai Stevenson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2006
Sold by
Selective Delaware Llc
Bought by
Difranco John D and Diffranco Mary A
Current Estimated Value
$560,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,459
Outstanding Balance
$183,869
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$369,221
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
Difranco John D -- Enterprise Title Solutions
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Difranco John D $305,459
Closed Difranco John D $56,365
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 $7,703 $265,900 $0 $0
2024 $6,664 $249,700 $0 $0
2023 $6,410 $225,500 $0 $0
2022 $6,945 $203,500 $0 $0
2021 $7,210 $201,600 $0 $0
2020 $5,535 $200,500 $0 $0
2019 $5,634 $194,800 $0 $0
2018 $6,944 $179,100 $0 $0
2017 $6,686 $168,200 $20,500 $147,700
2016 $5,634 $168,200 $0 $0
2015 -- $154,400 $0 $0
2014 -- $134,900 $0 $0
Source: Public Records

Map

Michigan Macomb County Sterling Heights 48313

40843 Olivet Dr, Sterling Heights, MI

This home is located at 40843 Olivet Dr, Sterling Heights, MI 48313 and is currently estimated at $560,215, approximately $170 per square foot. 40843 Olivet Dr is a home located in Macomb County with nearby schools including Oakbrook Elementary School, Heritage 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.

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