NOT LISTED FOR SALE

505 Fort Dearborn St Dearborn, MI 48124

Highland-Fort Dearborn Manor Neighborhood

Estimated Value: $459,000 - $547,000

4 Beds
4 Baths
2,000 Sq Ft
$251/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $400,000 $200 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,270/month

13 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • 2 Car Garage
  • Dearborn High School Rated 9+
  • No HOA
  • 3-minute walk to Tannahill Playlot

About This Home

As of August 2021

LET'S GO! , YOU DO NOT WANT TO LET THIS GO! THIS 4 BEDROOM, 2 FULL BATH, 2 HALF BATH COLONIAL IS LOCATED IN PRIME WEST DEARBORN. THE PICS SPEAK FOR THEMSELVES. THE BACKYARD IS A PARK, LITERALLY. UPDATES GALORE!
Windows throughout (2017)
Doors, siding, trim, and gutters (2017) New Kitchen with marble counter tops (2016) ceramic flooring in kitchen and dining room (2016) insulation in attic (2020) New carpet in basement and upper level (Hardwood floors under carpet in upper level) (2021) Refinished hardwood floors (2016) electrical, plumbing, hvac, and tankless hot water (2016)
Plantation Shutters on all lower level windows (cost 8k has lifetime warranty) (2017)
Both full bathrooms were completely updated in 2018 (tile, showers, fixtures, smart toilet in master bathroom) (2018)
New high-end light fixtures throughout (2018)
Finished basement with built ins (2017) Garage has carriage doors and cabin like inside.
Built in beds in two of the bedrooms (2016) (Generator excluded)

Last Agent to Sell the Property

Mike Ayoub

RE/MAX Team 2000 License #6501294452 Listed on: 06/04/2021

RE/MAX Team 2000

Last Buyer's Agent

Mike Ayoub

RE/MAX Team 2000 License #6501294452 Listed on: 06/04/2021

RE/MAX Team 2000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1926 | Remodeled in 2018

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00x120.00

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Cedar
  • Vinyl Construction Material

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Kitchen

  • Gas Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association
  • Fort Dearborn Manor Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32820916421041

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,844

Year Built

Built in 1926 | Remodeled in 2018

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1926
  • State Equalized Value: 122300.0000
  • Year Renovated: 2018
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Free-Standing Refrigerator, Gas Cooktop, Microwave
  • Total Sq Ft: 2000

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Cedar, Vinyl
  • Exclusions: Yes
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X120.00
  • Parcel Number: 32820916421041

Tax Info

  • Tax Amount Summer: 7937.0000
  • Tax Amount Winter: 907.0000
  • Total Tax: 8844.0000
  • Taxable Value: 108407.0000

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Aug 20, 2021
Sold by
Makki David S and Makki David
Bought by
Dakroub Mariam
Seller's Agent
Mike Ayoub
RE/MAX Team 2000
Buyer's Agent
Mike Ayoub
RE/MAX Team 2000
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$501,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,656
Avg. Annual Appreciation
5.14%
Original Mortgage
$360,000
Outstanding Balance
$326,858
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$174,798

Purchase Details

Listed on
May 3, 2015
Closed on
Jul 2, 2015
Sold by
Edwards Kevin C and Edwards Theresa M
Bought by
Makki David S
Seller's Agent
Curt Hacker
RE/MAX Team 2000
Buyer's Agent
Mike Ayoub
RE/MAX Team 2000
List Price
$199,900
Sold Price
$220,000
Premium/Discount to List
$20,100
10.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%

Purchase Details

Closed on
Apr 28, 2010
Sold by
Jestice John H and Jestice Kimberly A
Bought by
Edwards Kevin C and Edwards Theresa M
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
Dakroub Mariam $400,000 Title One Inc
Makki David S $220,000 Title One Inc
Edwards Kevin C $155,000 Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dakroub Mariam $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2021 08/20/21 Sold $400,000 0.0% $200 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $399,900 +81.8% $200 / Sq Ft
07/02/2015 07/02/15 Sold $220,000 +10.1% $107 / Sq Ft View Prior Sale
05/06/2015 05/06/15 Pending -- -- --
05/03/2015 05/03/15 For Sale $199,900 -- $98 / 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 $8,216 $174,300 $0 $0
2024 $8,113 $171,000 $0 $0
2023 $7,619 $144,600 $0 $0
2022 $7,528 $137,100 $0 $0
2021 $9,556 $128,700 $0 $0
2019 $7,956 $113,700 $0 $0
2018 $6,775 $109,500 $0 $0
2017 $1,631 $104,900 $0 $0
2016 $6,515 $102,300 $0 $0
2015 $7,768 $99,350 $0 $0
2013 $7,525 $75,250 $0 $0
2011 -- $79,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Ayoub

    Seller's Agent in 2021

    Mike Ayoub

    RE/MAX

    (313) 675-6755

    9 in this area

    176 Total Sales

    Mike Ayoub
    Section Image

  • C

    Seller's Agent in 2015

    Curt Hacker

    RE/MAX

    Section Image
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Map

Source: Realcomp

MLS Number: 2210042503

Realcomp

APN: 32-09-164-21-041

Michigan Wayne County Dearborn 48124 Highland-Fort Dearborn Manor

505 Fort Dearborn St, Dearborn, MI

Not Listed for Sale

Detached

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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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