Pending
40549 Colony Drive, Sterling Heights, MI 48313
$199,900
MLS # 50149036 (MiRealSource)
3 beds1 bath1,015 sqftBuilt 19670.17 acres
1 / 15
Listing Description
Sterling Heights and Utica Schools for under $200,000! 3 bedroom brick ranch with a garage and a basement. This house needs work and is not currently livable but is a perfect investment or a great home for the handy homebuyer. Fenced private backyard. Award winning Utica Schools on a quiet street. Property sold as-is.
Source: SparkMLS
About this home
3-bedroom, 1-bath, 1,015 sq ft home in Sterling Heights in Sterling Heights built in 1967.
Listed at $199,900 (about $197/sq ft).
Broadband is available with download speeds up to 1,200 Mbps from 9 providers. Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area1,015 sqft
Lot Size0.17 acres
Year Built1967
Location
CitySterling Heights
MunicipalitySterling Heights City
Zip Code48313
CountyMacomb
School DistrictUtica
Construction & Systems
ConstructionBrick
Garage2.5 spaces
HeatingForced Air
SewerPublic
Sale & Financing
Listed7/17/2024
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Justin Sadauskas
Re/Max First
Frequently Asked Questions about 40549 Colony Drive, Sterling Heights, MI 48313
What school district is 40549 Colony Drive, Sterling Heights, MI 48313 in?
Per MLS# 50149036, this property is served by Utica. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 50149036, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
Is 40549 Colony Drive, Sterling Heights, MI 48313 eligible for USDA financing?
Per USDA Rural Development boundary data, 40549 Colony Drive, Sterling Heights, MI 48313 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 40549 Colony Drive, Sterling Heights, MI 48313 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is fiber internet available at 40549 Colony Drive, Sterling Heights, MI 48313?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 40549 Colony Drive, Sterling Heights, MI 48313. The maximum advertised download speed is 1.2 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Macomb County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
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Monthly payment$1,297
Principal & interest$1,297
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1.2 Gbps
Upload
50 Mbps
CableLicensed Fixed WirelessGSO SatelliteDSLSatellite
9 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
40549 Colony Drive, Sterling Heights, MI 48313
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Municipality
Sterling Heights
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County
Macomb County
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