NOT LISTED FOR SALE

3700 Monroe St Dearborn, MI 48124

Southwestern Outer Drive Neighborhood

Estimated Value: $506,491

Studio
-- Bath
4,800 Sq Ft
$106/Sq Ft Est. Value

About This Home

This home is located at 3700 Monroe St, Dearborn, MI 48124 and is currently estimated at $506,491, approximately $105 per square foot. 3700 Monroe St is a home located in Wayne County with nearby schools including Whitmore-Bolles Elementary School, Smith Middle School, and Edsel Ford High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2024
Sold by
Lisa Abdulrahmen M and Lisa Anne
Bought by
Rawan Outlet Llc
Current Estimated Value
$506,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Outstanding Balance
$462,453
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$44,038

Purchase Details

Closed on
Dec 30, 2014
Sold by
Dearborn Federal Savings Bank
Bought by
Abdulrach And Lisa Alcordy Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 18, 2012
Sold by
Z & N Sheena Building
Bought by
Dearborn Federal Savings Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Rawan Outlet Llc $500,000 None Listed On Document
Abdulrach And Lisa Alcordy Living Trust $275,000 None Available
Alcodray Abdulrahmen M -- Minnesota Title Agency
Dearborn Federal Savings Bank $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rawan Outlet Llc $468,000
Previous Owner Abdulrach And Lisa Alcordy Living Trust $175,000
Source: Public Records

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 $6,258 $105,300 $0 $0
2024 $3,588 $111,200 $0 $0
2023 $3,191 $108,800 $0 $0
2022 $3,673 $109,200 $0 $0
2021 $3,764 $102,000 $0 $0
2019 $3,712 $90,200 $0 $0
2018 $2,514 $75,100 $0 $0
2017 $591 $75,100 $0 $0
2011 -- $47,450 $0 $0
Source: Public Records

Map

Michigan Wayne County Dearborn 48124 Southwestern Outer Drive

3700 Monroe St, Dearborn, MI

Not Listed for Sale

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