NOT LISTED FOR SALE

5309 18 1/2 Mile Rd Sterling Heights, MI 48314

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

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

About This Home

This home is located at 5309 18 1/2 Mile Rd, Sterling Heights, MI 48314 and is currently estimated at $662,606, approximately $147 per square foot. 5309 18 1/2 Mile Rd is a home located in Macomb County with nearby schools including Burr Elementary School, Davis Junior High School, and Adlai Stevenson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2024
Sold by
Macovei Mihai
Bought by
Ferrari Paolino and Ferrari Gianni
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.
Original Mortgage
$434,000
Outstanding Balance
$429,868
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$227,774

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

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

Map

Michigan Macomb County Sterling Heights 48314

5309 18 1/2 Mile Rd, Sterling Heights, MI

This home is located at 5309 18 1/2 Mile Rd, Sterling Heights, MI 48314 and is currently estimated at $662,606, approximately $147 per square foot. 5309 18 1/2 Mile Rd is a home located in Macomb County with nearby schools including Burr 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.

Nearby Homes