NOT LISTED FOR SALE

22700 Olmstead St Dearborn, MI 48124

Ford Homes Historic District Neighborhood

Estimated Value: $266,000 - $342,000

3 Beds
1.5 Baths
1,226 Sq Ft
$245/Sq Ft Est. Value

Last Sold January 26, 2018

Last sale price $163,000 $133 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,908/month

66 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Bungalow
  • Duvall Elementary School Rated A-
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2018

Welcome home to this super clean & super sharp & totally updated 3 BR brick bungalow w/approx 1250 SQFT. Gorgeous & brand new kitchen w/granite counter tops, back splash & all new stainless steel appliances. Large living room w/natural fireplace. Newly Refinished hardwood floors throughout main level. Newly remodeled full bath. Formal dining room. Huge upper level master bedroom w/new carpet, plenty of recessed lighting. Home features all new doors & hardware. New electrical & lighting. Home is freshly painted. Step down to a sharp finished basement w/spacious seating area, glass block windows & recessed lighting. Brand new washer & dryer included. 1/2 bath in basement makes a great bonus. Enjoy the bonus summer room for additional enjoyment. Central air for the hot summer heat. 1 car garage. Large deep lot. Excellent location near Fords new downtown development. Home truly shows like a model. Excellent credit and income a must.

Last Agent to Sell the Property

Ali Abdallah

RE/MAX Team 2000 License #6501355772 Listed on: 11/08/2017

RE/MAX Team 2000

Last Buyer's Agent

Ali Khalil

RE/MAX Team 2000 License #RCO-6501301258

RE/MAX Team 2000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,591

Year Built

  • Built in 1940 | Remodeled in 2017

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00x128.00
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,226 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Francis Blvd Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32820921424014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,591

Year Built

Built in 1940 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1940
  • Year Renovated: 2017
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Total Sq Ft: 1226

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1415833.3333
  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00X128.00
  • Parcel Number: 32820921424014

Tax Info

  • Tax Amount Summer: 2591.0000
  • Total Tax: 2591.0000

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2022
Sold by
22700 Olmstead Llc
Bought by
Derubbo Taylor L and Michel Steve
Current Estimated Value
$296,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Outstanding Balance
$253,134
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$46,968

Purchase Details

Closed on
Aug 23, 2018
Sold by
Farai Nader
Bought by
22700 Olmstead Llc

Purchase Details

Listed on
Feb 2, 2018
Closed on
Jan 25, 2018
Sold by
Bae Enterprises Llc
Bought by
Faraj Nader
Seller's Agent
Ali Khalil
RE/MAX Team 2000
Buyer's Agent
Ali Khalil
RE/MAX Team 2000
Sold Price
$1,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%

Purchase Details

Listed on
May 18, 2017
Closed on
Apr 26, 2017
Sold by
Lesinski John W and John W Lesinski Revocable Living
Bought by
Three Jays Investment Llc
Seller's Agent
Jamal Alaouieh
RE/MAX Team 2000
Buyer's Agent
Jamal Alaouieh
RE/MAX Team 2000
List Price
$109,822
Sold Price
$102,000
Premium/Discount to List
-$7,822
-7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
101.31%
Interest Rate
3.97%

Purchase Details

Closed on
Sep 9, 2008
Sold by
Lesinski John W
Bought by
John W Lesinski Revocable Living Trust
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

Date Buyer Sale Price Title Company
Derubbo Taylor L $275,000 Title One
22700 Olmstead Llc -- None Available
Faraj Nader $163,000 Leading Edge Title Agnecy
Three Jays Investment Llc $90,000 --
John W Lesinski Revocable Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derubbo Taylor L $261,250
Previous Owner Three Jays Investment Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2018 03/01/18 Rented $1,490 -6.9% --
02/08/2018 02/08/18 Under Contract -- -- --
02/03/2018 02/03/18 Price Changed $1,600 -3.0% $1 / Sq Ft
02/02/2018 02/02/18 For Rent $1,650 0.0% --
01/26/2018 01/26/18 Sold $163,000 -4.1% $133 / Sq Ft
01/13/2018 01/13/18 Pending -- -- --
11/08/2017 11/08/17 For Sale $169,900 +66.6% $139 / Sq Ft
05/26/2017 05/26/17 Sold $102,000 -7.1% $115 / Sq Ft View Prior Sale
05/22/2017 05/22/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $109,822 +22.0% $123 / Sq Ft
04/12/2017 04/12/17 Sold $90,000 -3.2% $101 / Sq Ft View Prior Sale
03/31/2017 03/31/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $93,000 -- $104 / 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 $4,273 $104,400 $0 $0
2024 $4,179 $114,100 $0 $0
2023 $3,955 $90,900 $0 $0
2022 $4,872 $76,200 $0 $0
2021 $4,992 $76,500 $0 $0
2019 $4,924 $65,600 $0 $0
2018 $4,265 $63,900 $0 $0
2017 $795 $60,600 $0 $0
2016 $2,591 $59,500 $0 $0
2015 $4,897 $50,600 $0 $0
2013 $4,770 $47,700 $0 $0
2011 -- $50,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ali Khalil

    Seller's Agent in 2018

    Ali Khalil

    RE/MAX

    (313) 477-6691

    7 in this area

    182 Total Sales

    Ali Khalil
    Section Image
  • Ali Abdallah

    Seller's Agent in 2018

    Ali Abdallah

    RE/MAX

    (734) 459-1010

    22 Total Sales

    Ali Abdallah
    Section Image
  • John Lesinski

    Seller's Agent in 2017

    John Lesinski

    RE/MAX

    (313) 561-0900

    14 Total Sales

    John Lesinski
    Section Image
  • Jamal Alaouieh

    Seller's Agent in 2017

    Jamal Alaouieh

    RE/MAX

    (313) 283-6600

    39 Total Sales

    Jamal Alaouieh
    Section Image
  • FRANK ALSAGHIR

    Buyer's Agent in 2017

    FRANK ALSAGHIR

    RE/MAX

    5 in this area

    156 Total Sales

    FRANK ALSAGHIR
    Section Image
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Map

Source: Realcomp

MLS Number: 217100497

Realcomp

APN: 32-09-214-24-014

Michigan Wayne County Dearborn 48124 Ford Homes Historic District

22700 Olmstead St, Dearborn, MI

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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