NOT LISTED FOR SALE

5309 18 1 2 Mile Rd Sterling Heights, MI 48314

Estimated Value: $627,424 - $741,000

4 Beds
3.5 Baths
4,480 Sq Ft
$148/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $620,000 $138 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,146/month

21 Days on Market

Highlights

  • 1.38 Acre Lot
  • Contemporary Architecture
  • No HOA
  • Adlai Stevenson High School Rated 9+
  • Ground Level Unit
  • 3 Car Attached Garage

About This Home

As of July 2024

"Multiple Offers Received, Best & Highest Is Due By Friday 06-14-2024 @ 6:00 pm" INCREDIBLE 4 BEDROOM CUSTOM BUILT SPLIT LEVEL, AWARD WINNING UTICA SCHOOLS, 1.4 ACRE LOCATED IN DESIRABLE STERLING HEIGHTS AREA MINUTES FROM SHOPPING AND LOCAL EXPRESS WAY CLOSE TO ALL MAJOR HIGHWAYS AND SHOPPING MALLS. NATURAL STONE "Built With Excellence", NEW DRIVEWAY 2021** , NEW 50 YEARS ROOF INSTALLED IN 2023**, NEW WOOD FLOORING IN THE GREAT ROOM THROW & MASTER BEDROOM INSTALL 2023**, ALL BEDROOMS HAVE WALK-IN CLOSETS, HOME BOASTS A GENEROUS TOTAL 5,280 SQF OF Flowing Elegance. TONS OF NATURAL LIGHTING, THIS HOME HAS UNIQUE DETAILED FEATURES, AND SO MUCH TO LIST. LIVING AND DINING ROOMS HAVE CATHEDRAL CEILINGS AND FLOW EASILY INTO ONE ANOTHER. THE KITCHEN RECENTLY RENOVATED WILL THRILL THE MOST TALENTED CHEF WITH BOTH MARBLE AND GRANITE COUNTERS, CIRCLE DRIVEWAY WITH 3 1/2 CAR GARAGE, ASPHALT DRIVEWAY, SEPARATE THERMOSTATS FOR EACH ROOM, POTENTIAL DETACHED GUEST HOUSE USED TO BE A POOL HOUSE BOASTS 1,028 SQ. FT THAT CAN POSSIBLY BE CONVERTED TO SEPARATE LIVING 2ND HOME " GUEST HOUSE " (1 YEAR HOME WARRANTY PROVIDED BY THE SELLER).

Last Agent to Sell the Property

Firas Goryoka

RE/MAX, The Collective Agency License #6501383780 Listed on: 05/28/2024

RE/MAX, The Collective Agency

Last Buyer's Agent

Joseph Morris

License #6501367028

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1971

Lot Details

  • 1.38 Acre Lot
  • Lot Dimensions are 23.4 x 257

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 4,480 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 1008253052

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,411

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary, Raised Ranch
  • Architecture Level: 1 1/2 Story
  • Warranty: Yes
  • Year Built: 1971
  • State Equalized Value: 227900.0000
  • Year Renovated: 1971
  • Foundation Features: Drainage System
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walk-Out Access
  • Sq Ft Combined: 5280
  • Sq Ft Lower Floor: 800
  • Total Sq Ft: 4480
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Foundation Details: Crawl, Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 23
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Water at Street

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Utica

Lot Info

  • Homestead: Yes
  • Lot Size Area: 1.38
  • Lot Dimensions: 23.4 x 257
  • Parcel Number: 1008253052

Tax Info

  • Tax Amount Summer: 5844.0000
  • Tax Amount Winter: 567.0000
  • Total Tax: 6411.0000
  • Taxable Value: 227900.0000

MLS Schools

  • School District: Utica

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Jul 10, 2024
Sold by
Macovei Mihai
Bought by
Ferrari Paolino and Ferrari Gianni
Seller's Agent
Firas Goryoka
RE/MAX, The Collective Agency
Buyer's Agent
Joseph Morris
List Price
$574,900
Sold Price
$620,000
Premium/Discount to List
$45,100
7.84%
Views
48
Current Estimated Value
$662,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,606
Avg. Annual Appreciation
6.00%
Original Mortgage
$434,000
Outstanding Balance
$429,480
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$233,126

Purchase Details

Closed on
Apr 8, 2022
Sold by
Mihai Macovei
Bought by
Macovei Mihai

Purchase Details

Closed on
Oct 29, 2021
Sold by
Macovei Mihai
Bought by
Macovei Mihai and Trifan Codruta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,600
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2007
Sold by
Costea Luminita
Bought by
Macovei Mihai

Purchase Details

Closed on
Jul 11, 2003
Sold by
Mortgage Electronic Registration System
Bought by
The Bank Of New York
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ferrari Paolino $620,000 None Listed On Document
Macovei Mihai -- None Listed On Document
Macovei Mihai -- Ntc Key West
Macovei Mihai -- None Available
The Bank Of New York -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrari Paolino $434,000
Previous Owner Macovei Mihai $277,600
Previous Owner Macovei Mihai $267,750
Previous Owner Macovei Mihai $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $620,000 +7.8% $138 / Sq Ft
06/19/2024 06/19/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $574,900 -- $128 / 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 $6,769 $252,500 $0 $0
2024 $6,190 $247,300 $0 $0
2023 $5,844 $227,900 $0 $0
2022 $6,092 $204,100 $0 $0
2021 $5,966 $197,000 $0 $0
2020 $5,321 $193,800 $0 $0
2019 $5,452 $191,000 $0 $0
2018 $5,518 $173,700 $0 $0
2017 $5,267 $163,600 $30,000 $133,600
2016 $5,089 $163,600 $0 $0
2015 -- $153,500 $0 $0
2014 -- $142,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240036169

Realcomp

APN: 10-10-08-253-052