NOT LISTED FOR SALE

Estimated Value: $113,741 - $124,000

2 Beds
1 Bath
840 Sq Ft
$160/mo HOA Fee

Last Sold May 14, 2021

Last sale price $85,000 $101 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,021/month

5 Days on Market

Highlights

  • Ground Level Unit
  • Stainless Steel Appliances
  • 1-Story Property
  • Duvall Elementary School Rated A-
  • Lobby
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

ATTENTION INVESTORS!!! SINGLE PROPERTY OR 7 PROPERTY PORTFOLIO OPPORTUNITY!!! Don’t miss your opportunity to own this tenant occupied rental condominium located in a quiet family friendly complex! This 2 bedroom, 1 full bath condominium is located in Dearborn w/award winning Dearborn schools. Neutral paint & hardwood floors throughout. Enter the living room w/built in shelves & large windows allowing ample natural light, flowing effortlessly to the dining room. Kitchen features lots of cabinets, new counter tops & SS appliances. 2 generous bedrooms w/good closet space, full bath with tub/shower combo & vanity w/storage. Laundry on-site & plenty of storage space in the common basement. Close to Southfield Fwy & Michigan Ave for an easy commute. Centrally located to shopping, dining and entertainment. All showings to be approved by the current tenant, no showings before 5p Monday - Friday. Great ROI! Financial information available upon request. Lease in in agent remarks.

Last Agent to Sell the Property

Michael Perna

EXP Realty Main License #6501309650 Listed on: 01/14/2021

EXP Realty Main

Co-Listed By

Mark White

EXP Realty - Mark White & Associates License #6501416199

Last Buyer's Agent

Mike Ayoub

RE/MAX Team 2000 License #6501294452

RE/MAX Team 2000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1955

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 32820922337030

Community Details

Overview

  • Additional $400 Annual Fee Association
  • Welch & Lonnquist Subdivision

Amenities

  • Lobby

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,862

Year Built

Built in 1955

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building
  • Architecture Level: 1 Story
  • Year Built: 1955
  • State Equalized Value: 31900.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: High Spd Internet Avail, Cable Available
  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Common
  • Kitchen Appliances: Dishwasher, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s)
  • Sq Ft Combined: 840
  • Total Sq Ft: 840
  • Sq Ft Total Bsmt: 840

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 160
  • Association Contact: additional $400 annual fee
  • Association Fee: Yes

Schools

  • School District: Dearborn

Lot Info

  • Parcel Number: 32820922337030

Tax Info

  • Tax Amount Summer: 1654.0000
  • Tax Amount Winter: 208.0000
  • Total Tax: 1862.0000
  • Taxable Value: 25312.0000

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
May 14, 2021
Sold by
Ibrahim Hassan and Ibrahim Nahed
Bought by
Jalloul Mariam H
Seller's Agent
Michael Perna
EXP Realty Main
Buyer's Agent
Mike Ayoub
RE/MAX Team 2000
List Price
$90,000
Sold Price
$85,000
Premium/Discount to List
-$5,000
-5.56%
Current Estimated Value
$118,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,935
Avg. Annual Appreciation
8.39%
Original Mortgage
$63,750
Outstanding Balance
$49,761
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$69,174

Purchase Details

Listed on
Jul 27, 2015
Closed on
Jul 15, 2015
Sold by
Davidson Desiree A and Sievers Desiree
Bought by
Ibrahim Hassan and Ibrahim Nahed
Seller's Agent
Hussein Bazzi
Real Estate One-Dbn Hts/Dbn
Buyer's Agent
Hussein Bazzi
Real Estate One-Dbn Hts/Dbn
Sold Price
$1,000

Home Financials for this Owner

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

Purchase Details

Closed on
Jan 12, 2007
Sold by
Pleiman Kari J and Pleiman Jeffrey J
Bought by
Sievers Desiree A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,278
Interest Rate
6.16%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 11, 2005
Sold by
Fera Anthony V and Fera Patricia M
Bought by
Pleiman Kari J

Purchase Details

Closed on
Sep 26, 1995
Sold by
Anthony V and Anthony Patricia M
Bought by
Fera Anthony V and Fera Patricia M
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
Jalloul Mariam H $85,000 Vanguard Title Company
Ibrahim Hassan $55,000 Liberty Title
Sievers Desiree A $92,000 Transnation Title Ins Co
Pleiman Kari J $81,500 Minnesota Title Agency
Fera Anthony V $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jalloul Mariam H $63,750
Previous Owner Sievers Desiree A $91,278
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $85,000 -5.6% $101 / Sq Ft
01/14/2021 01/14/21 For Sale $90,000 0.0% $107 / Sq Ft
03/23/2019 03/23/19 Rented $1,100 0.0% --
03/15/2019 03/15/19 Under Contract -- -- --
02/07/2019 02/07/19 For Rent $1,100 +10.0% --
09/11/2017 09/11/17 Rented $1,000 0.0% --
09/05/2017 09/05/17 Under Contract -- -- --
08/31/2017 08/31/17 For Rent $1,000 0.0% --
09/09/2015 09/09/15 Rented $1,000 -98.2% --
09/04/2015 09/04/15 Under Contract -- -- --
08/11/2015 08/11/15 Sold $55,000 0.0% $65 / Sq Ft
07/27/2015 07/27/15 For Rent $1,000 0.0% --
09/11/2014 09/11/14 Pending -- -- --
08/22/2014 08/22/14 For Sale $60,000 0.0% $71 / Sq Ft
07/24/2012 07/24/12 Rented $800 -11.1% --
07/24/2012 07/24/12 Under Contract -- -- --
06/06/2012 06/06/12 For Rent $900 -- --
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
2024 $2,447 $43,400 $0 $0
2023 $2,176 $39,900 $0 $0
2022 $2,505 $36,000 $0 $0
2021 $1,890 $35,800 $0 $0
2019 $1,864 $27,600 $0 $0
2018 $1,618 $25,700 $0 $0
2017 $381 $23,900 $0 $0
2016 $1,531 $23,900 $0 $0
2015 $2,830 $28,300 $0 $0
2013 $2,830 $28,300 $0 $0
2011 -- $29,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200101732

Realcomp

APN: 32-09-223-37-030