NOT LISTED FOR SALE

Estimated Value: $258,000 - $262,000

4 Beds
2 Baths
1,622 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $227,000 $140 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,946/month

3 Days on Market

Highlights

  • Porch
  • Forced Air Heating and Cooling System
  • 3-minute walk to Summer Stephens Park
  • Duvall Elementary School Rated A-
  • 2 Car Garage

About This Home

As of May 2023

The best investment opportunity in West Dearborn is here! Currently, this is the only multifamily property for sale on the west end. The city of Dearborn is absolutely booming, so come see this turn-key gem. Each unit has 2 bedrooms and 1 bathroom. It's also ideal for a house hacker who wants to live in one unit and rent out the other. You'll be close to downtown Dearborn and all its amenities. This is a very unique opportunity with the city no longer giving zoning to new multifamily homes and only those who are grandfathered in can experience the perks of one roof with 2 tenants. Best bang for buck property also has a 2 car gargae a covered porch and a basement for tenants to use as storage.

Last Agent to Sell the Property

Scott Bergeron

Century 21 Curran & Oberski License #6501375727 Listed on: 04/13/2023

Century 21 Curran & Oberski

Last Buyer's Agent

Heather Sandlin

Synergy Realty Group License #6501431978

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1918 | Remodeled in 2023

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 55.00 x 96.00

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,622 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Interior Basement Entry

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 32820928208019

Community Details

Overview

  • 2 Units
  • Electric Railway Add Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,822

Year Built

Built in 1918 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1918
  • State Equalized Value: 65700.0000
  • Year Renovated: 2023
  • Pets Allowed: Call
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Partially Finished
  • Total Sq Ft: 1622

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 55.00 x 96.00
  • Parcel Number: 32820928208019
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2100

Tax Info

  • Tax Amount Summer: 2498.0000
  • Tax Amount Winter: 324.0000
  • Total Tax: 2822.0000
  • Taxable Value: 40557.0000

Multi Family

  • Gross Scheduled Income: 25200.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
May 12, 2023
Sold by
Borg Johnny
Bought by
Ashraf Omar and Ali Choudry
Seller's Agent
Scott Bergeron
Century 21 Curran & Oberski
Buyer's Agent
Heather Sandlin
Synergy Realty Group
List Price
$214,900
Sold Price
$227,000
Premium/Discount to List
$12,100
5.63%
Views
76
Current Estimated Value
$260,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,492
Avg. Annual Appreciation
5.23%
Original Mortgage
$181,600
Outstanding Balance
$162,381
Interest Rate
5.64%
Mortgage Type
New Conventional
Estimated Equity
$98,111

Purchase Details

Closed on
Dec 3, 2003
Sold by
Borg Jennifer
Bought by
Borg Johnny

Purchase Details

Closed on
Oct 29, 1998
Sold by
Kreft Kreft E and Kreft W
Bought by
Jennifer Borg
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ashraf Omar $227,000 Michigan Title Insurance Agenc
Borg Johnny -- --
Jennifer Borg $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashraf Omar $181,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2026 01/13/26 Price Changed $249,900 -5.7% $154 / Sq Ft
11/10/2025 11/10/25 Price Changed $264,900 -5.4% $163 / Sq Ft
10/15/2025 10/15/25 For Sale $279,900 +23.3% $173 / Sq Ft
05/12/2023 05/12/23 Sold $227,000 +5.6% $140 / Sq Ft
04/16/2023 04/16/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $214,900 -- $132 / Sq Ft
Source: Realcomp

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 $7,116 $117,200 $0 $0
2024 $5,482 $125,200 $0 $0
2023 $2,451 $94,600 $0 $0
2022 $2,822 $65,700 $0 $0
2021 $2,892 $64,900 $0 $0
2019 $318 $54,400 $0 $0
2018 $2,475 $48,000 $0 $0
2017 $583 $45,800 $0 $0
2016 $2,342 $44,900 $0 $0
2015 $3,592 $37,100 $0 $0
2013 $3,500 $35,000 $0 $0
2011 -- $37,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230027137

Realcomp

APN: 32-09-282-08-019