NOT LISTED FOR SALE

Estimated Value: $176,000 - $361,000

4 Beds
2 Baths
1,800 Sq Ft
$126/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $228,010 $127 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,481/month

13 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • 2-minute walk to Oak Park
  • Howard Elementary School Rated A-

About This Home

As of July 2021

Rare Investment Opportunity to own a Dearborn Duplex , 18291 Outer Drive and 18297 Outer Drive. INVESTORS DREAM !!! Both units are currently occupied by long time tenants. Tenants are currently month to month at around $1,100. Showings available upon accepted offer . Each unit has 2 Beds and one full bath. Please do not Disturb Tenants.

Last Agent to Sell the Property

Joseph DeRose

EXP Realty Main License #6501430942 Listed on: 03/22/2021

EXP Realty Main

Last Buyer's Agent

Al Abdallah

EXP Realty Main License #6501294150

EXP Realty Main

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1944

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 28.00x110.00

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,800 Sq Ft Home
  • 2-Story Property
  • Basement
  • Interior Basement Entry

Parking

  • 4 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 32820916222015

Community Details

Overview

  • 2 Units
  • Herndons Dearborn Golf Club Park Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,484

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1944
  • State Equalized Value: 44800.0000
  • Foundation Features: Drainage System
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Private
  • Sq Ft Combined: 1800
  • Total Sq Ft: 1800
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 28
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Assigned Spaces
  • Total Parking Spaces: 4

Utilities

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

Schools

  • School District: Dearborn

Lot Info

  • Lot Size Area: 0.07
  • Lot Dimensions: 28.00X110.00
  • Parcel Number: 32820916222015
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 2200

Tax Info

  • Tax Amount Summer: 2202.0000
  • Tax Amount Winter: 282.0000
  • Total Tax: 2484.0000
  • Taxable Value: 33699.0000

Multi Family

  • Gross Scheduled Income: 26400.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Jul 16, 2021
Sold by
Mount Herbert F and Mount Juanita M
Bought by
Saad Debb and Saad Mageda
Seller's Agent
Joseph DeRose
EXP Realty Main
Buyer's Agent
Al Abdallah
EXP Realty Main
List Price
$225,000
Sold Price
$228,010
Premium/Discount to List
$3,010
1.34%
Current Estimated Value
$226,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,579
Avg. Annual Appreciation
-0.16%

Purchase Details

Closed on
Oct 7, 1994
Sold by
Martin Rodney J
Bought by
Herbert F & Juanita M Mount

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.5%
Mortgage Type
New Conventional
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
Saad Debb $228,010 Stg
Herbert F & Juanita M Mount $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herbert F & Juanita M Mount $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $228,010 +1.3% $127 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $225,000 -- $125 / 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 $3,528 $54,900 $0 $0
2024 $3,528 $70,700 $0 $0
2023 $3,137 $55,800 $0 $0
2022 $3,612 $51,900 $0 $0
2021 $2,517 $49,000 $0 $0
2019 $2,482 $41,300 $0 $0
2018 $2,157 $41,000 $0 $0
2017 $507 $32,100 $0 $0
2016 $2,038 $31,800 $0 $0
2015 $3,179 $37,200 $0 $0
2013 $3,080 $30,800 $0 $0
2011 -- $33,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210019074

Realcomp

APN: 32-09-162-22-015