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Single Family ResidenceResidential
$234,742$201 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 98How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

40540 WALTER DR

STERLING HEIGHTS, MI 48310
1
Baths
1,167 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.34 ac
Lot SizeThe size of the land the home sits on, from county records.
1977
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$235K
$229K low$241K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,001 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$137,300 (2026)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$129,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$274,600

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.10 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMACOMB
Lot (acres)The size of the land the home sits on, from county records.0.34
ConstructionThe main material the home's frame and walls are built from.Brick
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Frank Jeannette Junior High SchoolB
Middle · Grades 7–8 · 0.6 mi
E
Schuchard Elementary SchoolB
Elementary · Grades PK–6 · 0.9 mi
H
Adlai Stevenson High SchoolA
High · Grades 9–12 · 2.7 mi

District: Utica Community Schools

Neighborhood · ZIP 48310These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.51
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.97
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.22

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.19%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.43,849
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.5,424 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$77,387
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$92,175
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.33 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.53%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

40540 Walter Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 91% of homes in Sterling Heights 48310
  • Costs more per square foot than 71% of homes in Macomb County
  • Smaller than 92% of homes in Sterling Heights 48310
  • Has a bigger lot than 90% of homes in Sterling Heights 48310

What homes are worth in Sterling Heights 48310

Each bar is how many homes fall in that price range. The marker is this home.

This home
$169K$463K

This home is worth more than 9% of homes in Sterling Heights 48310.

How it measures up in Sterling Heights 48310

The dot is this home. The mark in the middle is the typical home in Sterling Heights 48310.

Estimated value$234,742
CheaperTypical $310,581Pricier

Pricier than 9% of homes nearby

Price per ft²$201
CheaperTypical $191Pricier

Pricier than 64% of homes nearby

Living area1,167 ft²
SmallerTypical 1,603 ft²Bigger

Bigger than 8% of homes nearby

Lot size0.34 ac
SmallerTypical 0.19 acBigger

Bigger than 90% of homes nearby

Year built1977
OlderTypical 1976Newer

Newer than 60% of homes nearby

How 40540 Walter Dr ranks against every home in each area.
MeasureThis homeSterling Heights 48310Macomb County
Estimated valuepricier than$234,7429% of homes42% of homes
Price per ft²pricier than$20164% of homes71% of homes
Living areabigger than1,167 ft²8% of homes30% of homes
Lot sizebigger than0.34 ac90% of homes79% of homes
Year builtnewer than197760% of homes57% of homes

About 40540 Walter Dr

How much is 40540 Walter Dr, Sterling Heights, MI worth?

The TopHap Estimate for 40540 Walter Dr, Sterling Heights, MI is $234,742 as of Aug 30, 2026. The likely range is $228,913 to $240,571. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40540 Walter Dr, Sterling Heights, MI last sell?

40540 Walter Dr, Sterling Heights, MI last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 40540 Walter Dr, Sterling Heights, MI?

40540 Walter Dr, Sterling Heights, MI has 1 bathrooms, 1,167 square feet of living space and a 0.34-acre lot.

When was 40540 Walter Dr, Sterling Heights, MI built?

40540 Walter Dr, Sterling Heights, MI was built in 1977, making it 49 years old. The building has 1 story.

What schools serve 40540 Walter Dr, Sterling Heights, MI?

40540 Walter Dr, Sterling Heights, MI is assigned to Frank Jeannette Junior High School (middle), rated B; Schuchard Elementary School (elementary), rated B; Adlai Stevenson High School (high), rated A. All sit in Utica Community Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40540 Walter Dr, Sterling Heights, MI compare to other homes in Sterling Heights 48310?

Among the 12,437 homes in Sterling Heights 48310, it is worth more than 9% of them ($234,742 against a typical $310,581), its price per square foot is higher than 64% of them ($201 against a typical $191), it is bigger than 8% of them (1,167 ft² against a typical 1,603 ft²), its lot is bigger than 90% of them (0.34 ac against a typical 0.19 ac) and it is newer than 60% of them (1977 against a typical 1976). Measured against all of Macomb County, it is worth more than 42% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 40540 Walter Dr, Sterling Heights, MI?

The 2025 property tax bill for 40540 Walter Dr, Sterling Heights, MI was $3,001. The county assessed it at $137,300.

More homes on Walter Dr

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