NOT LISTED FOR SALE

21701 Edna St Dearborn, MI 48124

Ford Homes Historic District Neighborhood

Estimated Value: $251,689 - $320,000

3 Beds
4 Baths
1,468 Sq Ft
$200/Sq Ft Est. Value

Sale Details

Date Sold: July 12, 2022

Last sale price $217,500 $148 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,025 / mo

39 Days on Market

Highlights

  • Colonial Architecture
  • Duvall Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of July 2022

Prime investment opportunity in the heart of west Dearborn. Nestled on a quiet dead-end street this 2-unit multifamily has been generating great returns for over two decades. Located walking distance to Michigan Ave’s retail corridor the property has the potential to attract sophisticated clientele leading to a significant ROI. Currently, 1st floor unit is vacant and 2nd floor tenant is in the process of moving out. Do not disturb 2nd floor tenant, 24-hour notice must be given before entry.

Last Agent to Sell the Property

Sheri Allingham Baker

Sheringham, Finley & Assocs License #6505303862 Listed on: 03/16/2022

Last Buyer's Agent

Allison Fishwick

Prime + Property License #6502369004

Prime + Property

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1929

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00x109.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,468 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 32820922336025

Community Details

Overview

  • 2 Units
  • Welch & Lonnquist Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,571

Year Built

Built in 1929

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1929
  • State Equalized Value: 80400.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1468

Exterior Features

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

Utilities

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

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00X109.00
  • Parcel Number: 32820922336025
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1650

Tax Info

  • Tax Amount Summer: 4059.0000
  • Tax Amount Winter: 512.0000
  • Total Tax: 4571.0000
  • Taxable Value: 62121.0000

Multi Family

  • Gross Scheduled Income: 19800.00
  • 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 16, 2022
Closed on
Jul 12, 2022
Sold by
Bought by
Seller's Agent
Sheri Allingham Baker
Sheringham, Finley & Assocs
Buyer's Agent
Allison Fishwick
Prime + Property
List Price
$274,900
Sold Price
$217,500
Premium/Discount to List
-$57,400
-20.88%
Current Estimated Value
$292,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,422
Avg. Annual Appreciation
7.85%

Purchase Details

Closed on
Mar 12, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 1995
Sold by
Bought by

Purchase Details

Closed on
Sep 30, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,800
Interest Rate
5.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$217,500 Ata National Title
-- First Michigan Title Inc
$115,000 --
$101,000 --
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 $61,000
Previous Owner $80,800
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
07/12/2022 07/12/22 Sold $217,500 -14.7% $148 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
03/30/2022 03/30/22 Price Changed $254,900 -3.8% $174 / Sq Ft
03/25/2022 03/25/22 Price Changed $264,900 -3.6% $180 / Sq Ft
03/16/2022 03/16/22 For Sale $274,900 -- $187 / 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 $5,427 $94,900 $0 $0
2024 $5,463 $95,100 $0 $0
2023 $4,859 $84,400 $0 $0
2022 $4,465 $86,700 $0 $0
2021 $4,576 $80,400 $0 $0
2019 $4,513 $66,700 $0 $0
2018 $3,919 $66,700 $0 $0
2017 $922 $64,000 $0 $0
2016 $3,007 $63,000 $0 $0
2015 $5,682 $66,450 $0 $0
2013 $5,505 $55,050 $0 $0
2011 -- $60,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sheri Allingham Baker

    Sheringham, Finley & Assocs

    Section Image

  • A

    Buyer's Agent in 2022

    Allison Fishwick

    Prime + Property

    (734) 834-4663

    11 in this area

    406 Total Sales

    Allison Fishwick
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2220017976

Realcomp

APN: 32-09-223-36-025

Michigan Wayne County Dearborn 48124 Ford Homes Historic District

21701 Edna St, Dearborn, MI

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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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