NOT LISTED FOR SALE

22508 Law St Dearborn, MI 48124

Highland-Fort Dearborn Manor Neighborhood

Estimated Value: $390,628 - $561,000

5 Beds
2.5 Baths
2,459 Sq Ft
$201/Sq Ft Est. Value

Sale Details

Date Sold: March 15, 2017

Last sale price $225,000 $92 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $3,339 / mo

15 Days on Market

Highlights

  • Deck
  • Porch
  • Ceiling Fan
  • Howard Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • 2 Car Garage

About This Home

As of March 2017

WOW...A RARE FIND IN WEST DEARBORN. THIS HUGE BRICK 2 FAMILY IS LOCATED ON BEAUTIFUL LAW STREET, IN THE HEART OF WEST DEARBORN. 3 BEDROOMS DOWN AND TWO UP. SUPER CLEAN, INSIDE AND OUT. HARDWOOD FLOORS UNDER CARPETING. SEPARATE FURNACES, ELECTRICAL, AND CENTRAL AIR UNITS. THIS HOUSE CAN EASILY GENERATE $2,000+ PER MONTH IN RENTAL INCOME. ALSO, IT WOULD NOT TAKE MUCH WORK TO TURN THIS HOUSE INTO A HUGE SINGLE FAMILY, AND AT THIS PRICE, IT WOULD BE A GREAT INVESTMENT TO RENOVATE TO A SINGLE FAMILY HOME.

Last Agent to Sell the Property

James Ferris

RE/MAX Team 2000 License #6501282127 Listed on: 12/05/2016

RE/MAX Team 2000

Last Buyer's Agent

Holly Abdullah

Century 21 Curran & Oberski License #RCO-6501378375

Century 21 Curran & Oberski

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 42.00x150.00
  • Fenced

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 2,459 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • 2 Units
  • Law Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32820921212017

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2459

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Cedar
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Garages
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 1785000.0000
  • Lot Size Area: 0.14
  • Lot Dimensions: 42.00X150.00
  • Parcel Number: 32820921212017
  • Zoning: Residential

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2000

Tax Info

  • Tax Amount Summer: 5605.0000
  • Tax Amount Winter: 682.0000
  • Total Tax: 6287.0000

Multi Family

  • Gross Scheduled Income: 24000.00
  • 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
Dec 5, 2016
Closed on
Mar 15, 2017
Sold by
Bought by
Seller's Agent
James Ferris
RE/MAX Team 2000
Buyer's Agent
Holly Abdullah
Century 21 Curran & Oberski
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%
Current Estimated Value
$494,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,657
Avg. Annual Appreciation
8.89%

Purchase Details

Closed on
Apr 26, 2007
Sold by
Bought by

Purchase Details

Closed on
Oct 28, 1998
Sold by
Bought by
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
$225,000 None Available
-- None Available
$215,000 --
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
03/15/2017 03/15/17 Sold $225,000 -10.0% $92 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
12/05/2016 12/05/16 For Sale $249,900 -- $102 / 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 $8,081 $154,700 $0 $0
2024 $8,135 $145,600 $0 $0
2023 $7,234 $129,600 $0 $0
2022 $8,328 $142,200 $0 $0
2021 $8,534 $133,800 $0 $0
2019 $8,416 $118,800 $0 $0
2018 $7,303 $109,500 $0 $0
2017 $1,379 $105,000 $0 $0
2016 $5,543 $102,500 $0 $0
2015 $8,501 $108,700 $0 $0
2013 $8,235 $82,350 $0 $0
2011 -- $86,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Ferris

    Seller's Agent in 2017

    James Ferris

    RE/MAX

    (313) 999-4266

    3 in this area

    151 Total Sales

    James Ferris
    Section Image
  • Holly Abdullah

    Buyer's Agent in 2017

    Holly Abdullah

    Century 21 Curran & Oberski

    (313) 559-0955

    12 Total Sales

    Holly Abdullah
    Section Image
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Map

Source: Realcomp

MLS Number: 216114224

Realcomp

APN: 32-09-212-12-017

Michigan Wayne County Dearborn 48124 Highland-Fort Dearborn Manor

22508 Law 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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