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$298,000

Beds
3
Baths
1.5
sq ft
1,199

40284 William Dr, Sterling Heights, MI 48313

40284 William Dr

Sterling Heights, MI 48313

  • 39 days on market
Welcome to this beautifully renovated brick ranch, nestled in one of Sterling Heights’ most desirable neighborhoods within the highly sought-after Utica School District! This home sits on a spacious, fenced-in corner lot and boasts a completely updated gourmet kitchen with granite countertops, stainless steel appliances, a gas stove, and ample cabinet space. The kitchen’s bar area, with a view of a cozy fireplace, is perfect for cooking, dining, and entertaining. Enjoy the charm of a three-season porch, an inviting space to relax on crisp autumn nights. The bright and airy living room, along with the entire home, has been freshly painted to create a welcoming atmosphere. The finished lower level provides flexible space to suit your needs—whether for recreation, a home office, or extra lounging area. Outside, the large fenced backyard features a newer shed and plenty of space for outdoor gatherings. Located just a short walk from Dodge Park and the local Farmers Market, this Sterling Heights gem offers the perfect blend of comfort, style, and community. Don’t miss your chance to live in a neighborhood everyone wants to be part of! Taxes are not currently homesteaded. Come out and join us for a OPEN HOUSE Saturday November 23rd from 1 pm to 3 pm.

Details

Property type

Single Family Residence

Est. home value

$273,013

Lot size

9,583 sq ft

Price per sq ft

$249

Year built

1966

Annual property taxes

$7,379

Price History

10/13/2024
Realcomp

Realcomp #20240077499

Listed
$298,000
+15.06%
10/07/2022
Realcomp

Realcomp #20221040667

Sold
$259,000
+52.35%
06/17/2016
MiRealSource

MiRealSource #31290692

Sold
$170,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Utica

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$35,708
Asking price
$298,000
Closing costs (~8% of asking)
-$23,840
Est. remaining loan balance
-$238,452
Cash to seller
$35,708

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2022

Original loan amount

$246,050

Est. remaining balance

$238,452

Interest rate

5.13%

Loan type

New Conventional, 30 year

Seller

Melzitta Davis

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 5:30 AM

Listing updated: 11/18/2024 at 8:20 PM

Listed by: Dawn Thompson, Exit United Realty Professionals Phone #: (248) 677-3220

MLS: Realcomp #20240077499

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