NOT LISTED FOR SALE

5057 Mead St Dearborn, MI 48126

Woodworth Neighborhood

Estimated Value: $262,000 - $320,000

4 Beds
2 Baths
1,600 Sq Ft
$179/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $207,000 $129 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,840/month

18 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • Garage
  • Balcony
  • Ceiling Fan
  • Fenced

About This Home

As of April 2021

Highly sought after two-family home located in the heart of Dearborn. Very clean, well-maintained 1600 sqft 2 unit with a two-car garage! Updated in 2019. Each unit has two bedrooms, one full bath, kitchen, living room, and large dining area. Each unit has its own basement/laundry space to store their personal belongings. Great investment opportunity or a large family home! Near shopping areas, grocery stores, restaurants, and the Fordson High School district. Come on in and check this home, it won't last long!

Last Agent to Sell the Property

Jennifer Arnold

Real Estate One-Clinton Twp License #6501371242 Listed on: 02/04/2021

Real Estate One-Clinton Twp

Last Buyer's Agent

Shaun Thomas

EXP Realty Main License #6501422206

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925 | Remodeled in 2019

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00x111.00
  • Fenced

Parking

  • Garage

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,600 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Basement Storage

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Orchard Boulevard Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32821018113048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,262

Year Built

Built in 1925 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 789.29
  • Year Built: 1925
  • State Equalized Value: 65900.0000
  • Year Renovated: 2019
  • Pets Allowed: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished, Private, Private Storage Locker
  • Sq Ft Combined: 2800
  • Sq Ft Lower Floor: 1200
  • Total Sq Ft: 1600
  • Sq Ft Total Bsmt: 1200

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Fenced, Outside Lighting
  • Foundation Materials: Poured
  • Porch Type: Balcony, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Garages

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Sewer-Sanitary
  • Water Heater Fuel: Natural Gas
  • Water Source: Municipal Water
  • Laundry Facilities: No

Schools

  • School District: Dearborn

Lot Info

  • List Price per Acre: 2432222.2222
  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00X111.00
  • Parcel Number: 32821018113048
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Rent Includes: Water/Sewer, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1815

Tax Info

  • Tax Amount Summer: 3799.0000
  • Tax Amount Winter: 463.0000
  • Total Tax: 4262.0000
  • Taxable Value: 56350.0000

Multi Family

  • Gross Scheduled Income: 21780.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Apr 16, 2021
Sold by
Sarna Asheev
Bought by
Brooks Cedric Lamar
Seller's Agent
Jennifer Arnold
Real Estate One-Clinton Twp
Buyer's Agent
Shaun Thomas
EXP Realty Main
List Price
$218,900
Sold Price
$207,000
Premium/Discount to List
-$11,900
-5.44%
Current Estimated Value
$286,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,156
Avg. Annual Appreciation
7.03%
Original Mortgage
$203,000
Outstanding Balance
$183,825
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$95,832

Purchase Details

Listed on
Oct 5, 2017
Closed on
Feb 19, 2018
Sold by
Fannie Mae
Bought by
Sama Asheev
Seller's Agent
Donald Castelli
Century 21 Professionals Clarkston
Buyer's Agent
Silvia Smith
Century 21 Premier
List Price
$86,900
Sold Price
$83,000
Premium/Discount to List
-$3,900
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.03%
Original Mortgage
$73,873
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2017
Sold by
Schwab Friederike G
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jul 8, 2014
Sold by
Mazloum Mahmud and Fadel Manal
Bought by
U Rehab Realty Llc

Purchase Details

Closed on
Jul 7, 2010
Sold by
Schwab Gertrude and Schwab Fredericke G
Bought by
Cheeseman Fredericke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Brooks Cedric Lamar $207,000 None Available
Sama Asheev $83,000 None Available
Fannie Mae $53,800 None Available
Fannie Mae $53,800 None Available
U Rehab Realty Llc -- None Available
Cheeseman Fredericke $64,000 Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Cedric Lamar $203,000
Closed Brqqks Cedric $203,000
Previous Owner Sarna Asheev $53,000
Previous Owner Sama Asheev $73,873
Previous Owner Cheeseman Fredericke $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2021 04/06/21 Sold $207,000 -5.4% $129 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $218,900 +163.7% $137 / Sq Ft
02/21/2018 02/21/18 Sold $83,000 -4.5% $55 / Sq Ft
01/08/2018 01/08/18 Pending -- -- --
01/06/2018 01/06/18 For Sale $86,900 0.0% $58 / Sq Ft
01/05/2018 01/05/18 Pending -- -- --
12/20/2017 12/20/17 Price Changed $86,900 -13.0% $58 / Sq Ft
11/06/2017 11/06/17 Price Changed $99,900 -9.1% $66 / Sq Ft
10/05/2017 10/05/17 For Sale $109,900 -- $73 / 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 $3,516 $105,500 $0 $0
2024 $3,516 $92,300 $0 $0
2023 $3,216 $79,000 $0 $0
2022 $3,619 $70,400 $0 $0
2021 $3,526 $66,900 $0 $0
2019 $3,970 $55,300 $0 $0
2018 $2,423 $50,200 $0 $0
2017 $695 $48,200 $0 $0
2016 $4,078 $48,900 $0 $0
2015 $4,284 $47,050 $0 $0
2013 $4,150 $41,500 $0 $0
2011 -- $47,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Arnold

    Seller's Agent in 2021

    Jennifer Arnold

    Real Estate One

    (586) 453-3248

    1 in this area

    263 Total Sales

    Jennifer Arnold
    Section Image

  • S

    Buyer's Agent in 2021

    Shaun Thomas

    EXP Realty Main

    Section Image
  • Donald Castelli

    Seller's Agent in 2018

    Donald Castelli

    Century 21 Professionals Clarkston

    (734) 367-4455

    102 Total Sales

    Donald Castelli
    Section Image

  • S

    Buyer's Agent in 2018

    Silvia Smith

    Century 21 Premier

See All Agents

Map

Source: Realcomp

MLS Number: 2210007646

Realcomp

APN: 32-10-181-13-048

Michigan Wayne County Dearborn 48126 Woodworth

5057 Mead St, Dearborn, MI

This home is located at 5057 Mead St, Dearborn, MI 48126 since 04 February 2021 and is currently estimated at $286,156, approximately $178 per square foot. This property was built in 1925. 5057 Mead St is a home located in Wayne County with nearby schools including Henry Ford Elementary School, Woodworth Middle School, and Fordson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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