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12255 Wellesley Dr
Score
55
Sterling Heights, MI

12255 Wellesley Dr

599K
3 bd • 4 ba • 3,863 sf

This analysis was generated on 8/6/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$599,000
+98%vs 48312
Price/Sq.Ft
$155
-5%vs 48312
Above Estimated Range
4.2% above range

Current Price

$599,000

Estimated Range

$525,000 - $575,000

$599,000
Below Market-20%
Above Market+20%

*AI analysis for entertainment only - not professional appraisal. Consult licensed professionals for property valuations.*

Market Data Points

3 data points for educational exploration

*Educational market data analysis only. Consult licensed real estate professionals for negotiation strategies and market advice.*

AI Suggested Range (Entertainment Only)

$535,000
AI Success Estimate:High(75%)
*Entertainment only - actual results may vary*

AI Rationale

The offer reflects market conditions, needed repairs, and DOM. Seller motivation is likely higher due to the extended listing period.

AI Analysis Score
55
82
Home Condition
75
Natural Light
26
Value
68
Location

*AI scoring for entertainment purposes only. Scores are subjective and not professional evaluations. Consult professionals for property assessments.*

Visual Insights

AI-analyzed spaces with reimagining capabilities

Dry Lawn
Dry Lawn

Dry Lawn

The lawn is dry and brown, indicating a need for watering or new landscaping.

Sparse Landscaping
Sparse Landscaping

Sparse Landscaping

The landscaping around the front of the house is sparse and could be improved.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$0

No required renovations identified

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Ownership History

Previous ownership changes and transaction details

Aug
2021
$75,000Financed
August 20, 2021
From:Maple Woods Of Sterling Heights Ii Llc
To:Maureen C Onokomma
Warranty Deed
Standard Sale (Purchase/Resales)

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$599,000
-30%List: $599,000+30%
20%
$119,800of $599,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $2,516/year, HOA: $29/month

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$159,934
Closing Costs
+$40,134
Down Payment
$119,800
Buyer Agent Fee
$15,274
Loan Fees
$4,792
Title & Escrow
$3,594
Inspections
$900
Transfer Tax
$6,589
Prepaid Expenses
$8,985

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Data Buyer Power
Market Speed
42 days
vs 22 day average
This home has been listed for 42 days, while homes in this area typically sell in 22 days
Inventory Health
63
homes for sale
45 homes sold last month, indicating 1.4x more supply than demand
Price Dynamics
100.2%
of asking price
Homes typically sell for 0.2% above asking price

*Market analysis for entertainment purposes only. Historical data may not predict future performance. Consult real estate professionals for market guidance.*

Price Trajectory

$305,000
Current median price
+6.3%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Historical Data: data suggests strong growth
Prices are up 5.2% over the last 3 months
3 Months
+5.2%
6 Months
+7.0%
1 Year
+6.3%

*Historical price trends for educational purposes only. Past performance does not predict future results. Consult professionals for market forecasts.*

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Days on market decreasing 28.9% over the past 3 months suggests stronger seller position.

Historical Comparison
Current Value
$305,000
3 Months Ago
$209,200
+45.8%

Schools

Details about nearby schools in this area

Neighborhood Mobility

How easily you can get around with or without a car

Scores are out of 100. Higher scores indicate better accessibility. Data provided by Walk Score®.

Climate Risks

Assessment of climate-related hazards for this property

Moderate Risk Profile

This property has 0 severe, 0 major, and 2 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Educational Tour Ideas

Educational suggestions for property tours

Inspect the deck and gazebo for signs of rot, water damage, or unstable supports.

Thoroughly inspect all bathrooms for signs of leaks, water damage around the toilets and showers, and proper ventilation.

Check the HVAC system (furnace and AC) for age, condition, and maintenance records, and listen for any unusual noises during operation.

Educational Questions

Sample questions for educational purposes

Can you provide documentation for all upgrades and repairs done to the property since it was built in 2022, including warranties for appliances and systems?

Have there been any issues with the HVAC system, plumbing, or electrical systems since the house was built?

Were there any issues identified during the original construction of the home in 2022, and were they properly addressed?

Educational suggestions only. Consult licensed real estate professionals, home inspectors, and your agent for professional guidance on property tours and inspections.

Property Discussion

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