NOT LISTED FOR SALE

40883 Colony Dr Sterling Heights, MI 48313

Estimated Value: $283,000 - $302,000

3 Beds
1 Bath
1,242 Sq Ft
$237/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $165,000 $133 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,022/month

104 Days on Market

Highlights

  • Deck
  • Great Room
  • Porch
  • Ranch Style House
  • Cul-De-Sac
  • 2 Car Attached Garage

About This Home

As of March 2017

Newly renovated all brick ranch located in Sterling Heights. Great starter home, just move in!! Newer roof, gutters, new carpeting thru out the home, new kitchen cabinets, new water tank, newer furnace, freshly painted exterior and interior. Covered breezeway. Seller is also offering a one year home warranty, new refrigerator and stove. Utica community schools. This home is a must see!! Make your appointment today.

Last Agent to Sell the Property

Jerry Khami

Esoteric Realty LLC License #MISPE-6502370197 Listed on: 11/03/2016

Last Buyer's Agent

Kevin Tersigni

Times Realty, LLC License #RCO-6501229696

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,140

Year Built

  • Built in 1967

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 80x113
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,242 Sq Ft Home
  • Window Treatments
  • Family Room with Fireplace
  • Great Room
  • Oven or Range
  • Unfinished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Patio
  • Breezeway
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Princeton Estates # 02 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10-15-102-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,140

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
  • Year Built: 1967
  • Mail City: Sterling Heights
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Window Treatment(s)
  • Appliances: Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, Natural Fireplace
  • Basement: Yes
  • Basement: Poured, Unfinished
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 11 x 11
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Entry Level, Dimensions: 12 x 8
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On Entry Level, Dimensions: 9 x 9
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Types: Breezeway, Family Room, Great Room
  • Family Room: On Entry Level, Dimensions: 16 x 12
  • Family Room Floor Covering: Carpet
  • Great Room: On Entry Level, Dimensions: 17 x 10
  • Great Room Floor Covering: Carpet
  • Kitchen: On Entry Level, Dimensions: 12 x 8
  • Kitchen Floor Covering: Vinyl
  • Living Room: On Entry Level, Dimensions: 16 x 13
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 1242
  • Above Grade Finished Sq Ft: 1242
  • Total Finished Sq Ft: 1242

Exterior Features

  • Exterior: Brick
  • Exterior Features: Deck, Patio, Porch
  • Foundation: Basement
  • Frontage: 80
  • Road: Paved Street

Garage/Parking

  • Garage: Attached Garage, Electric in Garage
  • Garage Spaces: 2
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public At Street
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: 10-15-102-001
  • Zoning: Residential
  • Lot Dimensions: 80x113
  • Acreage: 0.21
  • Geo Subdivision: MI
  • Site/Lot Features: Cul-De-Sac

Tax Info

  • Summer Tax: Year: 2015, Amount: $1,931.00
  • Winter Tax: Year: 2015, Amount: $209.00

MLS Schools

  • School District: Utica Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2016
Closed on
Mar 23, 2017
Sold by
Stefani Cathy Ann
Bought by
Christensen Jason L
Seller's Agent
Jerry Khami
Esoteric Realty LLC
Buyer's Agent
Kevin Tersigni
Times Realty, LLC
List Price
$174,900
Sold Price
$165,000
Premium/Discount to List
-$9,900
-5.66%
Current Estimated Value
$294,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,545
Avg. Annual Appreciation
6.83%
Original Mortgage
$162,011
Outstanding Balance
$136,914
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$150,415

Purchase Details

Listed on
Nov 3, 2016
Closed on
Feb 27, 2017
Sold by
Besedich Mary Ann
Bought by
Stefaini Cathy Ann
Seller's Agent
Jerry Khami
Esoteric Realty LLC
Buyer's Agent
Kevin Tersigni
Times Realty, LLC
List Price
$174,900
Sold Price
$165,000
Premium/Discount to List
-$9,900
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Outstanding Balance
$136,914
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$150,415
Source: Public Records

Range of Values:

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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
Christensen Jason L $165,000 Abstract Title Agency
Stefaini Cathy Ann -- Abstract Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christensen Jason L $7,465
Open Christensen Jason L $19,353
Open Christensen Jason L $162,011
Previous Owner Besedich Mary Ann $37,000
Previous Owner Besedich Mary Ann $33,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2017 03/24/17 Sold $165,000 +0.1% $133 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
02/08/2017 02/08/17 Price Changed $164,900 -2.9% $133 / Sq Ft
11/20/2016 11/20/16 Price Changed $169,900 -2.9% $137 / Sq Ft
11/03/2016 11/03/16 For Sale $174,900 -- $141 / 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 $4,906 $138,500 $0 $0
2024 $4,160 $133,000 $0 $0
2023 $3,929 $118,800 $0 $0
2022 $4,435 $107,600 $0 $0
2021 $4,372 $101,400 $0 $0
2020 $3,478 $94,700 $0 $0
2019 $3,840 $88,700 $0 $0
2018 $3,932 $82,200 $0 $0
2017 $2,213 $78,800 $15,700 $63,100
2016 $2,138 $78,800 $0 $0
2015 -- $74,100 $0 $0
2014 -- $59,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jerry Khami

    Seller's Agent in 2017

    Jerry Khami

    Esoteric Realty LLC

    (248) 761-3442

    23 in this area

    119 Total Sales

    Section Image
  • Kevin Tersigni

    Buyer's Agent in 2017

    Kevin Tersigni

    Times Realty, LLC

    (248) 379-4375

    23 Total Sales

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31306999

Michigan Multiple Listing Service

APN: 10-10-15-102-001

Michigan Macomb County Sterling Heights 48313

40883 Colony Dr, Sterling Heights, MI

This home is located at 40883 Colony Dr, Sterling Heights, MI 48313 since 03 November 2016 and is currently estimated at $294,545, approximately $237 per square foot. This property was built in 1967. 40883 Colony Dr is a home located in Macomb County with nearby schools including Schwarzkoff Elementary School, Davis 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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