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40730 Spruce Drive Sterling Heights, MI 48313

$287,895
LOW
$338,700 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$389,505
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$338,700Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
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Payment Estimate
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Baths Full
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Rent Estimate
$1,740Estimated monthly rental price, based on a proprietary formula.
Baths Half
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Tax Estimate
$5,406Estimated property taxes paid on an annual basis.
Sq Ft
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 HomeScore
46A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
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 InvestorScore
57A relative rating of projected positive cash flow over a 10-year holding period. Properties that score above 50 are expected to outperform the market.
Construction
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Last Sale Date
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Style
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Last Sale Price
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Year Built
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40730 Spruce Drive is located in Sterling Heights, MI. At this time, the property has an estimated value of $338,700 and yearly taxes of $5,406. Similar condos nearby sell for around $350,000.

Sterling Heights Market Trends

Check out Sterling Heights homes for sale, read the Sterling Heights real estate news or review the Sterling Heights real estate trends. Here is a summary of local market conditions over the past 30 days:

Market Health Score
86
Healthy

265

$194,500

54

1.8

Median Sales Price
$175,000
+2.9%
Sales (30 Days)
148
-46.4%

Sterling Heights Public Schools

A child living at 40730 Spruce Drive, Sterling Heights, MI would typically attend one of the following public schools: Oakbrook Elementary School, Heritage Junior High School, or Adlai Stevenson High School. School boundaries and attendance zones are updated frequently. This guidance should not be used to determine the legal eligibility to attend any particular school or school system.

Sterling Heights REAL ESTATE NEWS

The Sterling Heights market remained cool with 173 homes sold in the last 30 days, a 15.2% sales drop. Prices are rising in Sterling Heights, and the median sales price this period increased from $177... Read More »

The population of Sterling Heights is very affluent compared to others in Michigan with a median income of $59,780 per household. It's also considered an expensive city in terms of affordability with... Read More »

The Sterling Heights market is looking quite attractive. While sales came in at 200 homes sold over the last 30 days, price reductions are the highest they've been since November, with 97 reported ove... Read More »

40730 Spruce Drive Mortgage Information

$339k
$67.8k
3.81%
$1,264

The typical purchase scenario above assumes a credit score of 720 or higher and a 20% cash down payment on a 30-year fixed-rate mortgage. Visit the free and anonymous Homesnap Mortgage Market to check rates and customize a mortgage for your scenario.

40730 Spruce Drive Map

Ask a local expert about this home:
RE/MAX Suburban, Inc.
Snapped 1 home in this area
Coldwell Banker Weir Manuel
Snapped 1 home in this area
Market Elite Inc.
Snapped 13 homes in this area

Agents that specialize in this area
1 snap in this area
1 snap in this area
40730 Spruce Dr, Sterling Heights, MI 48313US
40730 Spruce Dr is located in Sterling Heights, MI. At this time, the property has an estimated value of $338,700 and yearly taxes of $5,406. Similar condos nearby sell for around $350,000. Vera Gonzalez, Mcke Schulte, and Mike Jackson are Homesnap Local Experts in and around Sterling Heights.
©2016 Homesnap 1-800-431-5509 School data and housing market data is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
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