2 months on rocket

11151 Clinton River Rd, Sterling Heights, MI, 48314

$399,250

Home List Price

$4,741*

Closing Credit

3 Full Baths, 1 Partial
3,198 SqFt
$125/SqFt
Multi

Location

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11151 Clinton River Rd, Sterling Heights$399,250

Buyer Closing Credits

$4,741*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingGarage
Year Built1960
HeatingENERGY STAR Qualified Equipment, Forced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #20240077489
Lot Size0.69 Acres
StatusActive

About 11151 Clinton River Rd

SUPERIOR income property with TONS of improvement value still remaining to maximize this investment as a multi-unit residence - or keep it open and enjoy a spaciously large; vastly updated single family residence! Situated on 3/4 of an acre, surrounded by protected woodland, completely fenced in with a boat gate, this beautiful property feels like the country…yet is in the PERFECT LOCATION. Situated next to Hall Rd, 19 mile, in the center of the major community river walk renovation, all major shopping and ease of transportation, this location is highly desirable and extremely large! Generate $63,000 yearly income, with a $677,900 approximate complete improvement value, for approximately $25,000 (being provided by the seller!). This unfinished 3,353 SF colonial/split ranch includes 2 kitchens and a kitchenette, 3 laundry rooms, 3.5 baths, 7 bedrooms + Studio, 3 separate entrance/exit points. Updated electrical, plumbing, new furnace, 30-year roof, new flooring, high end casement windows, new countertops and cabinets (with granite on hand for any investor to finish the kitchenette with downstairs! Add an egress window for $5k to maximize with your concessions and increase your income opportunity into three units by finishing the studio)! All bedrooms in unit #1 were previously individually rented at $800/mo (x3) each, generating $2,400/mo. income. The anticipated income of having all three units occupied is $63,000 per year (minimally). The anticipated improvement value is $677,900 upon completion. Seller is willing to complete additional scope of repairs in written offer (and is consistently working on the home to improve value). Realtor is the seller and primary occupant. Furniture in home negotiable for purchaser to make furnished units. Supplies and materials to finish home included. Riding lawnmower included. With these kinds of return on investment (+ $223,406 with $25,000 invested), this property won't last long! Come see it today. Must be accompanied by Realtor.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1960
  • Living Area: 3,198 SqFt

Listing Office:

  • Office Name: EXP Realty
  • Office Phone: (248) 629-0791
  • Listing Agent: Anthony Flagg

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: EntranceFoyer

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3

Exterior Features

Exterior Information:

  • Exterior: GutterGuardSystem, PrivateEntrance

Parking Information:

  • Attached Garage: No
  • Parking: Garage

Lot Features

Lot Information:

  • Lot Size: 0.69 Acres

Utilities

Utilities Information:

  • Heating: ENERGY STAR Qualified Equipment, Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Corner of 19 mile and Clinton River Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,250
  • Price Per SqFt: $125/SqFt

Tax Information:

  • Annual Amount: $2,553
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Sterling Heights, MI.

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Sterling Heights, MI

City

Med. Sold Price

$305.1K

Med. Price/SqFt

$157

Avg. Days On Market

20

# of Sold Homes

78

11151 Clinton River Rd vs Sterling Heights

69 DAYS ON ROCKET

+49 Days

$399,250

+$94K More

$125/SqFt

-$33 Less

KEY TAKEAWAY

This property is $94K more than the Median Sold Price and $33/SqFt less than other homes in Sterling Heights, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240077489

Listing Office:

  • Office Name: EXP Realty
  • Office Phone: (248) 629-0791
  • Listing Agent: Anthony Flagg

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 7:21:07 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,553$104,500
2020$2,553$95,600
2019$2,467$91,200
2017$2,467$81,400

History based on county public records data.

Payment Calculator

$2,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-910913
6
/10

  • Dresden Elementary School

  • 11400 Delvin Dr

  • 0.23 miles

  • Public District Grades PK-6

school-card-donut-910914
7
/10

  • Browing Elementary School

  • 12400 19 Mile Rd

  • 0.73 miles

  • Public District Grades PK-6

school-card-donut-910915
4
/10

  • Jack Harvey Elementary School

  • 41700 Montroy Dr

  • 1.01 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,141. The most common annual income of people living in Sterling Heights, MI is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Sterling Heights, MI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Sterling Heights, MI?

Sterling Heights showcases a diverse array of housing options, with single-family homes being the most prevalent, reflecting a mix of contemporary and colonial architectural styles. The housing market is vibrant, with a homeownership rate of approximately 74%, indicating a community with a strong sense of property ownership. The remaining 26% of residents opt for alternative living arrangements, including apartments and condominiums, which are interspersed throughout the city, offering choices for different lifestyles and family sizes.

Is Sterling Heights, MI a good place to live?

Sterling Heights is celebrated for its family-friendly atmosphere and community-oriented lifestyle. The city prides itself on hosting annual events such as the Sterlingfest Art and Music Fair, which showcases local talent and fosters a sense of community. The area's character is further defined by its well-maintained parks and recreational facilities, which serve as popular gathering spots for residents of all ages.

Are things conveniently located in Sterling Heights, MI?

The community benefits from a robust educational system, with a number of public and private schools providing quality education from elementary through high school levels. Healthcare services are comprehensive, with several clinics and a major hospital that offers emergency care, specialized treatments, and wellness programs. The public library system is active, supporting lifelong learning with a variety of programs and resources. Retail and dining options are plentiful, reflecting the local culture with both national chains and independent establishments.

What does the transportation in Sterling Heights, MI look like?

Sterling Heights features a practical transport infrastructure, with a network of major roads and highways that facilitate travel and commuting. Public transit options are available, providing connectivity to key areas within the city. The community is also served by a range of ride-share services, enhancing mobility for residents without personal vehicles. Certain neighborhoods are known for their walkability, allowing residents to easily access local amenities on foot. Plans for transport improvements are periodically evaluated to ensure the system meets the evolving needs of the community.

Rocket Homes›Michigan›Macomb County›Sterling Heights›48314›11151 Clinton River Rd

This home is located at 11151 Clinton River Rd in Sterling Heights, MI and zip code 48314. This 3,198 square foot home, which was built in 1960, sits on a 0.69 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $399,250.

In November 2024 more than 26 listings in Sterling Heights, MI were sold above the asking price. During the same period more than 15 listings were sold at asking price, while more than 37 were sold below. In November 2024 in Sterling Heights, MI there were 11.1% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $305,153, while the average time on the real estate market was 20 days.

From Rocket Homes Real Estate and based on county public records data.

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