NOT LISTED FOR SALE

5429 Bingham St Dearborn, MI 48126

Woodbridge Neighborhood

Estimated Value: $217,000 - $264,000

4 Beds
2 Baths
1,449 Sq Ft
$160/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $143,000 $99 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,588/month

About This Home

As of August 2021

This home is located at 5429 Bingham St, Dearborn, MI 48126 since 01 July 2021 and is currently estimated at $231,545, approximately $159 per square foot. This property was built in 1925. 5429 Bingham St is a home located in Wayne County with nearby schools including Miller Elementary School, Woodworth Middle School, and Fordson High School.

Last Agent to Sell the Property

Simon Saleh

Simon & Associates Real Estate License #6501427828 Listed on: 07/01/2021

Co-Listed By

Ali Alshehmani

Own It Realty License #6501438203

Last Buyer's Agent

Simon Saleh

Simon & Associates Real Estate License #6501427828 Listed on: 07/01/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 36.00x133.00

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Asphalt

Interior Spaces

  • 2 Full Bathrooms
  • 1,449 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 2 Units
  • Maplewood Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32821017102011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,688

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Year Built: 1925
  • State Equalized Value: 62300.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 1449
  • Total Sq Ft: 1449
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Asphalt
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Road Frontage Type: Paved, Pub. Sidewalk

Utilities

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

Schools

  • School District: Dearborn

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 36.00X133.00
  • Parcel Number: 32821017102011
  • Zone Conform: Yes
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Tax Info

  • Tax Amount Summer: 2356.0000
  • Tax Amount Winter: 332.0000
  • Total Tax: 2688.0000
  • Taxable Value: 39674.0000

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 4
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Aug 20, 2021
Sold by
Obad Sayaf and Obad Safay Nassr
Bought by
Obad Jassar
Seller's Agent
Simon Saleh
Simon & Associates Real Estate
Buyer's Agent
Simon Saleh
Simon & Associates Real Estate
List Price
$110,000
Sold Price
$143,000
Premium/Discount to List
$33,000
30%
Current Estimated Value
$231,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,545
Avg. Annual Appreciation
11.07%
Original Mortgage
$108,000
Outstanding Balance
$99,337
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$118,946

Purchase Details

Closed on
Mar 19, 2020
Sold by
Evangelista David J and Evangelista Kimberly Kay
Bought by
Obad Sayaf

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,450
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 1997
Sold by
Kish Kelly A and Kish Kevin B
Bought by
Gibson David J Evangelista and Gibson Kimberly K
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
Obad Jassar $143,000 V1 Title Agency Llc
Obad Sayaf $140,000 Minnesota Title Agency
Gibson David J Evangelista $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obad Jassar $108,000
Previous Owner Obad Sayaf $124,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $143,000 +30.0% $99 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $110,000 -- $76 / 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 $3,945 $96,000 $0 $0
2024 $3,945 $88,000 $0 $0
2023 $3,601 $83,400 $0 $0
2022 $4,106 $69,300 $0 $0
2021 $5,605 $65,700 $0 $0
2019 $2,922 $53,300 $0 $0
2018 $2,536 $48,200 $0 $0
2017 $597 $44,900 $0 $0
2016 $2,400 $46,100 $0 $0
2015 $3,680 $40,350 $0 $0
2013 $3,565 $35,650 $0 $0
2011 -- $40,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Simon Saleh

    Seller's Agent in 2021

    Simon Saleh

    Simon & Associates Real Estate

    (248) 635-2880

    1 in this area

    103 Total Sales

    Simon Saleh
    Section Image
  • Ali Alshehmani

    Seller Co-Listing Agent in 2021

    Ali Alshehmani

    Own It Realty

    (734) 829-7797

    1 in this area

    10 Total Sales

    Ali Alshehmani
    Section Image
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Map

Source: Realcomp

MLS Number: 2210051460

Realcomp

APN: 32-10-171-02-011

Michigan Wayne County Dearborn 48126 Woodbridge

5429 Bingham St, Dearborn, MI

This home is located at 5429 Bingham St, Dearborn, MI 48126 since 01 July 2021 and is currently estimated at $231,545, approximately $159 per square foot. This property was built in 1925. 5429 Bingham St is a home located in Wayne County with nearby schools including Miller 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.

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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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