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40730 Spruce Drive Sterling Heights, MI 48313

$282,795
LOW
$332,700 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$382,605
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$332,700Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
5
Basement
Yes
Payment Estimate
--
Baths Full
2
Parking
Attached
Rent Estimate
$1,740Estimated monthly rental price, based on a proprietary formula.
Baths Half
1
Parking Spaces
2
Tax Estimate
$4,358Estimated property taxes paid on an annual basis.
Sq Ft
3,312
 HomeScore
44A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
0.24
 InvestorScore
38A 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
--
Last Sale Date
03/29/2006
Style
--
Last Sale Price
--
Year Built
2005

40730 Spruce Drive is located in Sterling Heights, MI. At this time, the property has an estimated value of $332,700 and yearly taxes of $4,358. This condo has 5 bedrooms, 2½ bathrooms, and approximately 3,312 sqft of living space. The property was built in 2005. Similar condos nearby have 5 bedrooms, 2 baths and sell for around $325,000.

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
95
Very Healthy

183

$194,890

78

2.1

Median Sales Price
$163,900
-4.5%
Sales (30 Days)
89
+6.0%

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 remained below its 12-month average sales volume this week as sales slid 3.3% to hit 89 homes sold over the last 30 days. The median sales price dropped to $163,900, down from las... Read More »

Sterling Heights is the fourth-most populous city in Michigan with 129,699 residents. Its population is growing faster than the rest of the state, at a 10-year growth rate of 4.5%. The three zip codes... Read More »

The number of home sales in the Sterling Heights market rose 11.1% to 90 homes over the last 30 days, coming close to the 101.5 monthly average for the last 12 months. Months of inventory is on a four... Read More »

40730 Spruce Drive Mortgage Information

$333k
$66.6k
3.81%
$1,242

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:
Keller Williams Realty Lakeside
Snapped 1 home in this area
Snapped 1 home in this area
Coldwell Banker Weir Manuel
Snapped 1 home in this area

Agents that specialize in this area
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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 $332,700 and yearly taxes of $4,358. This condo has 5 bedrooms, 2½ bathrooms, and approximately 3,312 sqft of living space. The property was built in 2005. Similar condos nearby have 5 bedrooms, 2 baths and sell for around $325,000. Gary Papak, Mike Jackson, and Mcke Schulte 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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