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Sold for $187,000
    • $187,000

    40549 Colony Dr, Sterling Heights, MI 48313

    3beds
    1,015sqft
    Single Family Residence
    Built in 1967
    7,405 Square Feet Lot
    $239,400 Zestimate®
    $184/sqft
    $1,740 Estimated rent

    Home value

    $239,400

    $220,000 - $256,000

    $1,740/mo

    Zestimate® history
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    $1,293/mo

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    What's special

    Sterling Heights and Utica Schools for under $200,000! 3 bedroom brick ranch with a garage and a basement. This house needs work and is not currently livable but is a perfect investment or a great home for the handy homebuyer. Fenced private backyard. Award winning Utica Schools on a quiet street. Property sold as-is.

    Zillow last checked:

    Listing updated:

    Listed by:

    Justin Sadauskas 630-677-1534,

    Re/Max First

    Bought with:

    , 6501368909

    Re/Max First

    Source: MiRealSource,MLS#: 50149036MLS LogoOriginating MLS: MiRealSource

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom 1
    • Area: 132
    • Dimensions: 12 x 11
    Bedroom 2
    • Area: 110
    • Dimensions: 11 x 10
    Bedroom 3
    • Area: 90
    • Dimensions: 10 x 9
    Bathroom 1
    • Level: Entry
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,030
    • Total interior livable area: 1,015 sqft
    • Finished area above ground: 1,015
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2.5
    • Parking features: Detached
    • Garage spaces: 2.5
    Features
    • Levels: One
    • Stories: 1
    • Frontage length: 59
    Lot
    • Size: 7,405 Square Feet
    • Dimensions: 59 x 121
    Details
    • Parcel number: 101015103001
    • Special conditions: Private

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Basement
    Condition
    • Year built: 1967

    Utilities & green energy

    • Sewer: Public Sanitary
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Princeton Estates Sub
    HOA
    • Has HOA: No
    Location
    • Region: Sterling Heights

    Financial & listing details

    • Price per square foot: $184/sqft
    • Tax assessed value: $236,000
    • Annual tax amount: $5,351
    • Date on market: 7/18/2024
    • Cumulative days on market: 6 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    3/12/2025Listing removed$2,500$2/sqft
    Source: Zillow Rentals Report a problem
    2/17/2025Price change$2,500-28.6%$2/sqft
    Source: Zillow Rentals Report a problem
    2/3/2025Listed for rent$3,500$3/sqft
    Source: Zillow Rentals Report a problem
    8/2/2024Sold$187,000-6.5%$184/sqft
    Source: MiRealSource #50149036 Report a problem
    7/23/2024Pending sale$199,900$197/sqft
    Source: MiRealSource #50149036 Report a problem
    7/18/2024Listed for sale$199,900$197/sqft
    Source: MiRealSource #50149036 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,928 +10.8%$118,000 +5.8%
    2024$5,351 +59.1%$111,500 +13%
    2023$3,364 -4.7%$98,700 +10.7%
    2022$3,528 $89,200 +6.2%
    2021-- $84,000 +7.1%
    2020-- $78,400 +7%
    2019-- $73,300 +5.8%
    2018$2,218 $69,300 +4.4%
    2017-- $66,400
    2016-- $66,400 +6.1%
    2015-- $62,600 +22.5%
    2014-- $51,100
    2012-- --
    2009-- --
    2001$1,339 +3.3%$46,700 +3.1%
    2000$1,296 $45,300
    Find assessor info on the county website

    Neighborhood: 48313

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Utica Community Schools

    Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $239,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $239,400

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