Sold
5842 ACORN Lane, Sterling Heights, MI 48314
Sold on 06/28/2023 for$196,000
MLS # 20230033649 (Realcomp)
2 beds2 baths1,006 sqftBuilt 20030 acres
1 / 23
Listing Description
Have you been looking for a move-in ready, 2nd floor condo under $200K? Here is your chance! Excellent location with easy access to shopping, dining, entertainment & M-59. The open floor plan is bright and inviting. Sit by your fireplace on cool nights in your spacious family room. Step out and enjoy sunny days on your balcony too! 2 bedrooms and 2 full baths. The 1 1/2 car garage is extended, so bring your big vehicles. You have a personal driveway for guests too. Pets allowed under 40 lbs. Leases also allowed. Popular Utica Schools. Schedule your showing right away!
Source: SparkMLS
About this home
Located in Gateway Oaks Condos in Sterling Heights, this property offers 2-bedroom, 2-bath, 1,006 sq ft, with original construction dating to 2003.
This home sold for $196,000 (about $195/sq ft).
Annual property taxes run approximately $2,359 ($197/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms2
Living Area1,006 sqft
Year Built2003
Stories1
Location
CitySterling Heights
MunicipalitySterling Heights City
Zip Code48314
CountyMacomb
School DistrictUtica
Construction & Systems
ConstructionBrick, Vinyl Siding
BasementSlab
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
InteriorHumidifier
Sale & Financing
Listed5/9/2023
Sold Date6/27/2023
Original Price$197,000
Terms AcceptedCash, Conventional
HOA
HOA Fee$278 / Monthly
IncludesLawn/Yard Care, Snow Removal, Trash, Water
Source: SparkMLS
Tax Information
Annual Tax$2,359
State Equalized Value$89,800
Taxable Value$85,779
Assessed Value$89,800
Parcel #10-05-278-011
Source: Public Records
Legal Description
GATEWAY OAKS CONDO, MCCP NO. 760, UNIT 11
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Michelle Trenta
Anthony Djon Luxury Real Estate
Frequently Asked Questions about 5842 ACORN Lane, Sterling Heights, MI 48314
Which school district serves 5842 ACORN Lane, Sterling Heights, MI 48314?
Per MLS# 20230033649, 5842 ACORN Lane, Sterling Heights, MI 48314 is in the Utica boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Utica directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20230033649, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 5842 ACORN Lane, Sterling Heights, MI 48314?
Per public tax records, annual property taxes for this property are $2,359. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 5842 ACORN Lane, Sterling Heights, MI 48314 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.
Is 5842 ACORN Lane, Sterling Heights, MI 48314 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 5842 ACORN Lane, Sterling Heights, MI 48314?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Macomb County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Monthly payment$1,549
Principal & interest$1,271
HOA$278
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5842 ACORN Lane, Sterling Heights, MI 48314
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Neighborhood
Gateway Oaks Condos
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Community
Utica
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County
Macomb County
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