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40278 Riverbend Drive

40278 Riverbend Drive, Sterling Heights, MI 48310
Property in Sterling Heights
Sold Jul 08, 2015
$225,000
$180,000 by Flagstar Bank Fsb
Mortgage Due Jul 01, 2030
Sold Jan 24, 2001
$231,880
Local assessors in Sterling Heights, MI have categorized 40278 Riverbend Drive as a residential type of property. The home was built in 2000 and is 24 years old. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 40278 Riverbend Drive has a total of 1,519 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B-. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jun 17, 2015 for $225,000. That's $148.12 per sqft. Prior to that sales transaction, the property was also sold in Nov 22, 2000 for $231,880. 40278 Riverbend Drive was last assessed in 2023. The total value of the property was assessed at $140,500. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,235. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B-
  • Building Style: Condo
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,519
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,519
  • Building Area: 1,519
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,519
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AVALON WOODS
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: AVALON WOODS, MCCP NO 631, UNIT 50

Ownership

  • Current Owner : LEE DANIEL
  • Previous Owner : THE REVOCABLE LIVING TRUST OF KATHRYN J
  • Owner Before Previous Owner: AWC CUETER INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Utica Community Schools
  • School Tax School District: UTICA
  • Census Tract: 230700

Zoning

  • Zoning: R-70

Geography

  • District: 10
  • Parcel: 10-10-18-151-050
  • Municipality: STERLING HEIGHTS CITY
  • Latitude: 42.5875
  • Longitude: -83.0873

    Address

  • Full Address: 40278 Riverbend Dr
  • Legal Unit: 50
  • Address - House Number: 40278
  • Address - Street Name: Riverbend
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Sterling Heights
  • Carrier Code: C057
  • 4-Digit Zip Code: 7804
  • Zip Code: 48310

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,235

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 77
  • Final Value: 340,461
  • High Value: 400,075
  • Low Value: 280,848

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,000
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Jul 08, 2015
  • First Open Lien Mortgage Loan Amount: $180,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2030

    Market Valuation

  • Market Total Value: $281,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $140,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 17, 2015
  • Current Sale Recording Date: Jul 08, 2015
  • Current Sale Transaction ID: 1286188531
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5087032
  • Previous Sale Recording Date: Jan 24, 2001
  • Previous Sale Contract Date: Nov 22, 2000
  • Previous Sale Amount: $231,880
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK FSB
  • First Mortgage Transaction Date: Jul 08, 2015
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2030

About Sterling Heights



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Unit for rent at 39635 Ryan Rd, Sterling Heights, MI, 48310

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39635 Ryan Rd #39635 Ryan Rd, Sterling Heights, MI, 48310 Listing by Manager

Frequently Asked Questions

What neighborhood is 40278 Riverbend Drive located in?
The 40278 Riverbend Drive is a located in the neighborhood of Sterling Heights in Sterling Heights, Sterling Heights.
What is the average sales price for listings in 40278 Riverbend Drive?
The average sales price for units in 40278 Riverbend Drive is $0 currently.

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