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$293,000

Beds
3
Baths
1.5
sq ft
1,199

40284 William Dr, Sterling Heights, MI 48313

40284 William Dr

Sterling Heights, MI 48313

  • Pending
    • Price drop $5,000↓
Welcome to 40284 William Dr., Sterling Heights—a beautifully updated brick ranch offering 1,949 sq. ft. of living space, perfect for modern lifestyles. This home features 3 spacious bedrooms, 1.5 baths, and a completely renovated gourmet kitchen with high-end finishes. Enjoy additional living areas in the finished basement and a charming three-season porch, perfect for relaxation year-round. The fenced-in corner lot provides privacy and ample outdoor space for activities or entertaining. Conveniently located near Dodge Park and local amenities, this home combines comfort and accessibility. Recent price adjustments and updates make it a standout property in its price range. Taxes are not currently homesteaded so there is potential Tax Savings for buyers seeking to establish it as their primary residence. Eligible buyers may significantly reduce property taxes by applying for Michigan’s homestead exemption, making homeownership even more attractive. With its modern updates and prime location, this property is ready to welcome you home. Don't miss the chance to make this Sterling Heights gem yours. Schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$273,013

Lot size

9,583 sq ft

Price per sq ft

$245

Year built

1966

Annual property taxes

$7,379

Price History

12/17/2024
Realcomp

Realcomp #20240077499

Pending
$293,000
12/06/2024
Realcomp

Realcomp #20240077499

Price change
$293,000
-1.68%
10/13/2024
Realcomp

Realcomp #20240077499

Listed
$298,000
+15.06%

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

$31,429
Asking price
$293,000
Closing costs (~8% of asking)
-$23,440
Est. remaining loan balance
-$238,131
Cash to seller
$31,429

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

$238,131

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: Pending/Under Contract

Tomo last checked: 12/22/2024 at 10:15 AM

Listing updated: 12/20/2024 at 10:01 AM

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

MLS: Realcomp #20240077499

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