NOT LISTED FOR SALE

1541 Riverside Dearborn, MI 48120

CRSD Neighborhood

Estimated Value: $321,176 - $512,000

3 Beds
3 Baths
2,040 Sq Ft
$191/Sq Ft Est. Value

About This Home

This home is located at 1541 Riverside, Dearborn, MI 48120 and is currently estimated at $390,294, approximately $191 per square foot. 1541 Riverside is a home located in Wayne County with nearby schools including Salina Elementary School, Salina Intermediate School, and Stout Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2021
Sold by
Kassem Farouk
Bought by
Kassem Farouk M and Hamed Ayeah T
Current Estimated Value
$390,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$183,035
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$172,709

Purchase Details

Closed on
Aug 12, 2015
Sold by
Khalil Yomna and Saleh Ali
Bought by
Kassem Farouk

Purchase Details

Closed on
Nov 5, 2009
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 4, 2009
Sold by
Kassem Michael and Kassem Samar
Bought by
Jpmorgan Chase Bank National Association and Washington Mutual Bank

Purchase Details

Closed on
Feb 28, 2002
Sold by
City Of Dearborn
Bought by
Kassem Michael

Purchase Details

Closed on
Aug 28, 1998
Sold by
Ayoubi Amer and Ayoubi Hassan
Bought by
The City Of Dearborn
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kassem Farouk M -- Embassy Title Agency
Kassem Farouk -- Attorney
Federal National Mortgage Association -- None Available
Jpmorgan Chase Bank National Association $178,479 None Available
Kassem Michael $20,100 --
The City Of Dearborn $4,500 Golden Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kassem Farouk M $200,000
Previous Owner Kassem Michael $50,000
Previous Owner Kassem Michael $20,000
Previous Owner Kassem Michael $32,200
Previous Owner Kassem Michael $170,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $4,531 $136,800 $0 $0
2023 $4,287 $125,900 $0 $0
2022 $4,825 $135,500 $0 $0
2021 $5,606 $122,200 $0 $0
2019 $6,600 $109,800 $0 $0
2018 $5,727 $92,200 $0 $0
2017 $1,348 $89,400 $0 $0
2016 $5,419 $85,000 $0 $0
2015 $6,178 $64,750 $0 $0
2013 $5,985 $59,850 $0 $0
2011 -- $65,750 $0 $0
Source: Public Records

Map

Michigan Wayne County Dearborn 48120 CRSD

1541 Riverside, Dearborn, MI

This home is located at 1541 Riverside, Dearborn, MI 48120 and is currently estimated at $390,294, approximately $191 per square foot. 1541 Riverside is a home located in Wayne County with nearby schools including Salina Elementary School, Salina Intermediate School, and Stout Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes