NOT LISTED FOR SALE

Estimated Value: $352,000 - $411,011

5 Beds
2 Baths
2,368 Sq Ft
$166/Sq Ft Est. Value

Sale Details

Date Sold: November 1, 2022

Last sale price $307,000 $130 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,956 / mo

189 Days on Market

About This Home

As of November 2022

Premier Location in the Heart of Downtown Dearborn across the street from the Michigan Avenue Downtown Strip, Ford Engineering Laboratory, the Ford Product Development Center, and the Automotive Hall of Fame. Offers great main road visibility. Property is zoned BB (Community Business District). Possibility to convert to commercial or keep as multifamily. Tenant occupied on a month-to-month basis. Value add opportunity in a very scarce market.

Last Buyer's Agent

Yousef Beydoun

RE/MAX Team 2000 License #RCO-6501354088

RE/MAX Team 2000

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1840

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50.00x150.00

Home Design

  • Poured Concrete

Interior Spaces

  • 2 Full Bathrooms
  • 2,368 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • 2 Units
  • Plan Of Dearbornville East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32820922317020

Property Details

Home Type

Multi-Family

Year Built

Built in 1840

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Assessment: 1900.6
  • Year Built: 1840
  • State Equalized Value: 100600.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common
  • Total Sq Ft: 2368

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.17
  • Lot Dimensions: 50.00X150.00
  • Parcel Number: 32820922317020
  • Zoning: Commercial

Rental Info

  • Monthly Rental Income: 1500

Tax Info

  • Tax Amount Summer: 7477.0000
  • Tax Amount Winter: 704.0000
  • Total Tax: 8181.0000
  • Taxable Value: 85347.0000

Multi Family

  • Gross Scheduled Income: 18000.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Dearborn

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2022
Closed on
Nov 1, 2022
Sold by
Bought by
Buyer's Agent
Yousef Beydoun
RE/MAX Team 2000
List Price
$365,000
Sold Price
$307,000
Premium/Discount to List
-$58,000
-15.89%
Views
14
Current Estimated Value
$392,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,003
Avg. Annual Appreciation
6.72%

Purchase Details

Closed on
Dec 10, 2018
Sold by
Bought by

Purchase Details

Closed on
Dec 5, 2018
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$307,000 --
$285,000 Title One
$285,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/01/2022 11/01/22 Sold $307,000 -15.9% $130 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $365,000 -- $154 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,667 $178,800 $0 $0
2024 $11,164 $148,100 $0 $0
2023 $10,206 $143,700 $0 $0
2022 $8,475 $108,500 $0 $0
2021 $8,187 $100,600 $0 $0
2019 $6,200 $82,600 $0 $0
2018 $3,859 $76,200 $0 $0
2017 $909 $73,100 $0 $0
2016 $3,652 $71,900 $0 $0
2015 $5,600 $65,500 $0 $0
2013 $5,425 $54,250 $0 $0
2011 -- $59,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220013371

Realcomp

APN: 32-09-223-17-020

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