NOT LISTED FOR SALE

1556 Ferney St Dearborn, MI 48120

CRSD Neighborhood

Estimated Value: $264,854 - $299,000

6 Beds
2 Baths
2,496 Sq Ft
$112/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $230,000 $92 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,848/month

17 Days on Market

About This Home

As of October 2022

CLEAN HUGE 6 BEDROOMS WITH AN ADDITION 7TH BONUS ROOM ON SECOND FLOOR, 2 UNIT, Approximately 2500sq FIRST FLOOR UNIT FEATURES: 3 BEDROOMS, 1 FULL BATH, KITCHEN, FORMAL LIVING ROOM AND FORMAL DINING ROOM. SECOND FLOOR UNIT FEATURES: 3 BEDROOM WITH AN ADDITIONAL 4TH WALK THROUGH BEDROOM 1 FULL BATH, KITCHEN, FORMAL LIVING ROOM AND FORMAL DINING ROOM. ALL DATA & MEAS ARE APPROX NOT GUARANTEED, BUYER MUST VERIFY ALL INFO. PLEASE DO NOT APPROACH TENANT TO SEE THE HOME, PLEASE CALL TO SCHEDULE A SHOWING. NO ZIP TOURS OR VIRTUAL TOURS!! SELLER DOES NOT AUTHORIZE ACCESS TO THE PROPERTY TO PROSPECTIVE BUYERS WHO ARE NOT ACCOMPANIED BY AND IN THE PHYSICAL PRESENCE OF A MICHIGAN REAL ESTATE LICENSEE.!!

Last Agent to Sell the Property

Saeed Muqbel

Realty Shop License #6501347034 Listed on: 07/30/2022

Co-Listed By

bessam muqbel

Realty Shop License #6501440429

Last Buyer's Agent

Saeed Muqbel

Realty Shop License #6501347034 Listed on: 07/30/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 35.00 x 110.00

Home Design

  • Duplex
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,496 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 32821028110001

Community Details

Overview

  • 2 Units
  • Dix Ave Villas Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,279

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1924
  • State Equalized Value: 58900.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2496
  • Total Sq Ft: 2496
  • Sq Ft Total Bsmt: 1248

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Dearborn

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 35.00 x 110.00
  • Parcel Number: 32821028110001
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Tax Info

  • Tax Amount Summer: 2876.0000
  • Tax Amount Winter: 403.0000
  • Total Tax: 3279.0000
  • Taxable Value: 48459.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2022
Closed on
Oct 3, 2022
Sold by
Said Abdulgabar and Said Maryam Abdullah
Bought by
Hassan Khalil Mohamed
Seller's Agent
Saeed Muqbel
Realty Shop
Buyer's Agent
Saeed Muqbel
Realty Shop
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%
Views
2
Current Estimated Value
$279,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,964
Avg. Annual Appreciation
6.69%
Original Mortgage
$225,834
Outstanding Balance
$216,841
Interest Rate
5.55%
Mortgage Type
FHA
Estimated Equity
$60,694

Purchase Details

Closed on
Feb 4, 2015
Sold by
Ecie Robert and Ecie Gladys
Bought by
Said Abdulgabar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.66%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Hassan Khalil Mohamed $230,000 --
Said Abdulgabar $90,000 Title One Inc
Said Abdulgabar $90,000 Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hassan Khalil Mohamed $225,834
Previous Owner Said Abdulgabar $50,000
Previous Owner Said Abdulgabar $40,000
Previous Owner Ecie Robert $110,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Sold $230,000 -4.1% $92 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
07/30/2022 07/30/22 For Sale $239,900 -- $96 / Sq Ft
Source: Realcomp

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
2025 $3,875 $112,400 $0 $0
2024 $3,875 $106,300 $0 $0
2023 $3,538 $70,000 $0 $0
2022 $3,028 $64,400 $0 $0
2021 $3,280 $58,900 $0 $0
2019 $3,240 $52,500 $0 $0
2018 $3,058 $45,800 $0 $0
2017 $720 $44,200 $0 $0
2016 $2,965 $46,200 $0 $0
2015 $3,950 $44,350 $0 $0
2013 $3,826 $41,000 $0 $0
2011 -- $45,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Saeed Muqbel

    Seller's Agent in 2022

    Saeed Muqbel

    Realty Shop

    (313) 445-3405

    1 in this area

    53 Total Sales

    Saeed Muqbel
    Section Image
  • bessam muqbel

    Seller Co-Listing Agent in 2022

    bessam muqbel

    Realty Shop

    (313) 701-4960

    1 in this area

    46 Total Sales

    bessam muqbel
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20221025212

Realcomp

APN: 32-10-281-10-001

Michigan Wayne County Dearborn 48120 CRSD

1556 Ferney St, Dearborn, MI

This home is located at 1556 Ferney St, Dearborn, MI 48120 since 30 July 2022 and is currently estimated at $279,964, approximately $112 per square foot. This property was built in 1924. 1556 Ferney St is a home located in Wayne County with nearby schools including Salina Elementary School, Salina Intermediate School, and Stout Middle School.

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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