NOT LISTED FOR SALE

40871 Colony Dr Sterling Heights, MI 48313

Estimated Value: $290,000 - $308,000

3 Beds
1 Bath
2,390 Sq Ft
$125/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $194,000 $81 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,944/month

4 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • 2 Car Detached Garage
  • Ranch Style House
  • Fenced Yard
  • Bay Window

About This Home

As of October 2018

Take a look at this very well maintained & updated Brick Cul-de-sac Ranch. This home offers 3 bedrooms with hardwood floors, 2 full baths, Living room with bay window & hardwood floors, open kitchen & all appliances stay! Family room with gas fireplace, french door to enlarged cement patio & additional storage closet, finished lower level with open recreation room, separate room with mirrored closet doors that can be used for Hobby room or exercise room, 2nd full bath with walk-in shower, storage & laundry room with washer & dryer, newer Roof, Furnace, Driveway, hot water tank & 4 ceiling fans.

Last Agent to Sell the Property

Robert Meldrum

W.C. Collins Realty License #MISPE-6501171403 Listed on: 09/28/2018

W.C. Collins Realty

Last Buyer's Agent

Joshua Georgen

Realteam Real Estate License #MISPE-6501411844

Realteam Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1967

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 63x113
  • Fenced Yard

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • Ceiling Fan
  • Gas Fireplace
  • Bay Window
  • Family Room
  • Living Room
  • Recreation Room
  • Attic Fan
  • Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Princeton Estates Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10-10-15-102-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,245

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 2245
  • Year Built: 1967
  • Mail City: Sterling Heights
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Bay Window
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace
  • Basement: Yes
  • Basement: Poured
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 11 x 11
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On Entry Level, Dimensions: 13 x 8
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On Entry Level, Dimensions: 9 x 9
  • Bedroom 3 Floor Covering: Wood
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Below Grade Bathroom: 1
  • Bathroom 1: Dimensions: 11 x 5, On Level: Entry, Flooring: Ceramic
  • Room Types: Family Room, Living Room, Recreation Room
  • Family Room: On Entry Level, Dimensions: 19 x 12
  • Family Room Floor Covering: Carpet
  • Kitchen: On Entry Level, Dimensions: 14 x 11
  • Kitchen Floor Covering: Linoleum
  • Laundry: On Entry Level, Dimensions: 12 x 10
  • Laundry Room Floor Covering: Ceramic
  • Living Room: On Entry Level, Dimensions: 16 x 13
  • Living Room Floor Covering: Wood
  • Other Room1: Dimensions: 11x11, On Level: Lower, Flooring: Carpet
  • Other Room 2: Dimensions: 19x18, On Level: Lower, Flooring: Carpet
  • Below Grade Sq Ft: 1200
  • Finished Below Grade Sq Ft: 1100
  • Above Grade Finished Sq Ft: 1290
  • Total Finished Sq Ft: 2390

Exterior Features

  • Exterior: Brick
  • Exterior Features: Fenced Yard, Patio, Sidewalks
  • Foundation: Basement
  • Frontage: 63
  • Road: Paved Street

Garage/Parking

  • Garage: Detached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air, Humidifier
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C, Attic Fan

Lot Info

  • Assessor Parcel Number: 10-10-15-102-002
  • Zoning: Residential
  • Lot Dimensions: 63x113
  • Acreage: 0.16
  • Geo Subdivision: MI
  • Site/Lot Features: Subdivision

Tax Info

  • Summer Tax: Year: 2017, Amount: $2,029.00
  • Winter Tax: Year: 2017, Amount: $216.00
  • Total Tax: Amount: $2,245.00

MLS Schools

  • School District: Utica Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2018
Closed on
Oct 29, 2018
Sold by
Wilson Chester A and Wilson Katherine T
Bought by
Kennedy Christopher K and Kennedy Jeanette L
Seller's Agent
Robert Meldrum
W.C. Collins Realty
Buyer's Agent
Joshua Georgen
Realteam Real Estate
List Price
$189,900
Sold Price
$194,000
Premium/Discount to List
$4,100
2.16%
Current Estimated Value
$293,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,882
Avg. Annual Appreciation
6.33%
Original Mortgage
$188,180
Outstanding Balance
$165,778
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$128,300

Purchase Details

Closed on
Jul 7, 2017
Sold by
Wilson Chester A and Wilson Katherine T
Bought by
Wilson Chester A and Wilson Katherine T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 1999
Sold by
Hobrebe Julie Aka
Bought by
Martin Lori A
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
Kennedy Christopher K $194,000 Liberty Title
Wilson Chester A -- Advantage Title Company
Martin Lori A $138,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Christopher K $188,180
Previous Owner Wilson Chester A $131,600
Previous Owner Wilson Chester A $120,573
Previous Owner Martin Marvin R $132,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $194,000 +2.2% $81 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
09/28/2018 09/28/18 For Sale $189,900 +53.8% $79 / Sq Ft
05/16/2012 05/16/12 Sold $123,500 -1.2% $96 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $125,000 -- $97 / Sq Ft
Source: Michigan Multiple Listing Service

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 $4,015 $133,300 $0 $0
2024 $3,672 $128,000 $0 $0
2023 $3,466 $117,500 $0 $0
2022 $3,301 $107,600 $0 $0
2021 $3,539 $101,000 $0 $0
2020 $3,157 $95,800 $0 $0
2019 $3,234 $88,800 $0 $0
2018 $2,349 $80,600 $0 $0
2017 $2,244 $77,000 $13,800 $63,200
2016 $2,168 $77,000 $0 $0
2015 -- $71,600 $0 $0
2014 -- $58,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31361388

Michigan Multiple Listing Service

APN: 10-10-15-102-002