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40747 Olivet Dr; Sterling Heights, MI Property Details

40747 Olivet Dr, Sterling Heights, MI is a Condominium that was built in 2006. This property is currently a cash purchase and is not for sale. Our records show that 40747 Olivet Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 2,982 square feet. The lot size of 40747 Olivet Dr is 11,848 square feet.

Off market
40747 Olivet Dr Sterling Heights, MI 48313
$399,371 Listing Price
4 Beds
2.5 Baths
2,982 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Individual
  • Owner Status: Individual
  • Year Built: 2006
  • Purchase Price: $380,000
  • Open Loans / Balance: 1 / $346,613
  • Est. Equity / %: $202,387 / 36.86%
  • Gross Yield: 9.825%
  • APN: 10-10-13-129-019
  • Situs County: Macomb
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 4
  • Partial Bathrooms: 1

Structure

  • Building Quality: B-

Measurements

  • Total: 2,982/SqFt
  • Lot: 11,848/SqFt
  • Garage: 620/SqFt
  • Living: 2,982/SqFt
  • Basement: 1,293/SqFt
  • Building: 2,982/SqFt
  • Ground: 1,293/SqFt
  • Basement Unfinished: 1,293/SqFt
  • Price Per Square Foot: $127.43

Legal Description

  • Description: ELMHURST SITE CONDOMINIUM; MCCP NO. 897; UNIT 19 SPLIT ON 09/29/2005 FROM 10-13-100-006-000 INTO 10-13-129-001 THROUGH -066
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Utica Community Schools
  • Lat / Lon: 42.595325 / -82.98636
  • Subdivision: Elmhurst Site Condominium
  • Property Class: Residential
  • Zoning: R-70
  • County Use Code: 407

Amenities

  • Plus Four: 4362
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $410
  • H O A Amount: $410
  • H O A One Frequency: Annual
  • H O A One Name: Elmhurst Site Condo #897
  • H O A One Type: Condo Owner Association
  • H O A Two Name: Elmhurst Site Condominium Homeowners Association
  • H O A Two Type: Condo Owner Association

Ownership Info

40747 Olivet Dr has no associated ownership info
40747 Olivet Dr has no associated ownership info.

Taxes

40747 Olivet Dr has 8 associated Taxes items

40747 Olivet Dr, Sterling Heights, MI pays taxes in Macomb County, MI. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $270,600. The APN we've located for 40747 Olivet Dr is 10-10-13-129-019.

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Taxes
  • Assessed Value:  $270,600
  • Assessed Year:  2026
  • Assessed County:  Macomb
  • APN:  10-10-13-129-019
  • Tax Amount:  8553.65
  • Tax Year:  2025
  • Market Value:  541200
  • Market Year:  2026

Tax History

40747 Olivet Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $270,600 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $8,553.65 Change Rate +0.054846% Assessed CR Tax Rate
Year 2024 Assessed Value $239,400 Land Value Improvement Value Tax Amount $8,108.91 Change Rate +0.05593% Assessed CR Tax Rate +0.033872%
Year 2023 Assessed Value $216,200 Land Value Improvement Value Tax Amount $7,679.4 Change Rate +0.052333% Assessed CR Tax Rate +0.03552%
Year 2022 Assessed Value $191,400 Land Value Improvement Value Tax Amount $7,297.5 Change Rate Assessed CR Tax Rate +0.038127%
Year 2021 Assessed Value $189,500 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $187,700 Land Value Improvement Value Tax Amount $4,671.36 Change Rate -0.025651% Assessed CR Tax Rate +0.024887%
Year 2019 Assessed Value $180,800 Land Value Improvement Value Tax Amount $4,794.34 Change Rate -0.009346% Assessed CR Tax Rate +0.026517%
Year 2018 Assessed Value $166,400 Land Value Improvement Value Tax Amount $4,839.57 Change Rate +0.081862% Assessed CR Tax Rate +0.029084%
Year 2017 Assessed Value $156,800 Land Value $21,700 Improvement Value $135,100 Tax Amount $4,473.37 Change Rate Assessed CR Tax Rate +0.028529%
Year 2016 Assessed Value $156,800 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $142,400 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $122,500 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate