NOT LISTED FOR SALE

4951 Middlesex St Dearborn, MI 48126

Colson Ruby Neighborhood

Estimated Value: $204,000 - $249,000

3 Beds
2 Baths
1,239 Sq Ft
$184/Sq Ft Est. Value

Last Sold November 21, 2016

Last sale price $98,000 $79 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,392/month

79 Days on Market

Highlights

  • Covered Patio or Porch
  • Fenced
  • 3-minute walk to Argyle-Williamson Park
  • Forced Air Heating System

About This Home

As of November 2016

THIS HOME IS AN INVESTMENT THAT WILL PAY OFF! GREAT MULTI FAMILY FOR AN INVESTOR OR A GROWING FAMILY THAT NEEDS ITS SPACE. 2 BEDROOMS AND 1 FULL BATH DOWN AND 1 BEDROOM 1 FULL BATH UP. 2 CAR DETACHED GARAGE WITH ITS OWN DRIVEWAY. FANTASTIC INCOME GENERATOR. EXPLORE THE POSSIBILITIES AND SEE FOR YOURSELF. C/O READY. EZ SHOWINGS. BATVAI

Last Agent to Sell the Property

Hossam Harb

RE/MAX Team 2000 License #6501351165 Listed on: 08/03/2016

RE/MAX Team 2000

Last Buyer's Agent

Abbas El Dirani

RE/MAX Leading Edge License #RCO

RE/MAX Leading Edge

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00x112.00
  • Fenced

Home Design

  • Block Foundation
  • Poured Concrete

Interior Spaces

  • 2 Full Bathrooms
  • 1,239 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

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

Community Details

  • 2 Units
  • Ardross Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32821018224057

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1239

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block, Poured
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Utilities

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

Lot Info

  • List Price per Acre: 990000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00X112.00
  • Parcel Number: 32821018224057
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 950

Tax Info

  • Tax Amount Summer: 2447.0000
  • Tax Amount Winter: 294.0000
  • Total Tax: 2741.0000

Multi Family

  • Gross Scheduled Income: 11400.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2016
Closed on
Nov 21, 2016
Sold by
Sapia Antonio and Sapia Lisa
Bought by
Obaid Eisa
Seller's Agent
Hossam Harb
RE/MAX Team 2000
Buyer's Agent
Abbas El Dirani
RE/MAX Leading Edge
List Price
$99,000
Sold Price
$98,000
Premium/Discount to List
-$1,000
-1.01%
Current Estimated Value
$221,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,756
Avg. Annual Appreciation
9.72%
Original Mortgage
$90,333
Outstanding Balance
$74,357
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$154,238
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
Obaid Eisa $98,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obaid Eisa $90,333
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2016 11/21/16 Sold $98,000 -1.0% $79 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
08/03/2016 08/03/16 For Sale $99,000 -- $80 / 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 $2,801 $84,800 $0 $0
2024 $2,786 $90,900 $0 $0
2023 $2,543 $76,600 $0 $0
2022 $2,899 $62,800 $0 $0
2021 $3,140 $59,500 $0 $0
2019 $376 $48,100 $0 $0
2018 $2,736 $45,400 $0 $0
2017 $689 $42,300 $0 $0
2016 $2,420 $43,200 $0 $0
2015 $3,711 $40,750 $0 $0
2013 $3,595 $35,950 $0 $0
2011 -- $40,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Hossam Harb

    Seller's Agent in 2016

    Hossam Harb

    RE/MAX

    (313) 445-0977

    1 in this area

    41 Total Sales

    Hossam Harb
    Section Image
  • Abbas El Dirani

    Buyer's Agent in 2016

    Abbas El Dirani

    RE/MAX

    (313) 923-4404

    75 Total Sales

    Abbas El Dirani
    Section Image
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Map

Source: Realcomp

MLS Number: 216077214

Realcomp

APN: 32-10-182-24-057

Michigan Wayne County Dearborn 48126 Colson Ruby

4951 Middlesex St, Dearborn, MI

Not Listed for Sale

MultiFamily

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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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