NOT LISTED FOR SALE

5484 Middlesex St Dearborn, MI 48126

Colson Ruby Neighborhood

Estimated Value: $228,000 - $270,088

4 Beds
3 Baths
1,592 Sq Ft
$153/Sq Ft Est. Value

Sale Details

Date Sold: July 3, 2025

Last sale price $220,000 $138 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,490 / mo

6 Days on Market

Highlights

  • Cape Cod Architecture
  • Forced Air Heating System
  • 1 Car Garage

About This Home

As of July 2025

Fully updated multifamily property—ideal for investors or owner-occupants! This turn-key property features two renovated units with modern finishes and major system upgrades. Each floor offers 2 bedrooms and 1 full bathroom. The upper unit includes a private balcony and in-unit washer and dryer. The lower unit offers exclusive access to a finished basement with an additional full bathroom—perfect for added living space or potential rental income.
Recent updates include new roof on both the house and 2-car garage, new electrical and plumbing systems and new flooring throughout.
This property is low maintenance and move-in ready, offering excellent cash flow potential. Convenient layout, updated mechanics, and bonus features make this a rare find.
Schedule your private tour today!

Last Agent to Sell the Property

Mohamed Fares

Elite Realty Advisors LLC License #6501434286 Listed on: 05/02/2025

Last Buyer's Agent

Mohamed Fares

Elite Realty Advisors LLC License #6501434286 Listed on: 05/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926 | Remodeled in 2025

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00 x 112.00

Parking

  • 1 Car Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 1,592 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 32821018206007

Community Details

Overview

  • 2 Units
  • Ardross Sub No 1 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,427

Year Built

Built in 1926 | Remodeled in 2025

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Cape Cod
  • Architecture Level: 2 Story
  • Year Built: 1926
  • State Equalized Value: 91500.0000
  • Year Renovated: 2025
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished
  • Total Sq Ft: 1592

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garage
  • Total Parking Spaces: 1

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Fee Information

  • Operating Expense: 6400.00

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00 x 112.00
  • Parcel Number: 32821018206007
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 3200

Tax Info

  • Tax Amount Summer: 2068.0000
  • Tax Amount Winter: 359.0000
  • Total Tax: 2427.0000
  • Taxable Value: 47227.0000

Multi Family

  • Gross Scheduled Income: 38400.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Dearborn

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2025
Closed on
Jul 3, 2025
Sold by
Bought by
Seller's Agent
Mohamed Fares
Elite Realty Advisors LLC
Buyer's Agent
Mohamed Fares
Elite Realty Advisors LLC
List Price
$349,000
Sold Price
$220,000
Premium/Discount to List
-$129,000
-36.96%
Views
69
Current Estimated Value
$243,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,772
Avg. Annual Appreciation
11.94%

Purchase Details

Listed on
Mar 18, 2025
Closed on
Apr 3, 2025
Sold by
Bought by
Seller's Agent
Ronnie Ahmad
Keller Williams Legacy
Buyer's Agent
Mohamed Fares
Elite Realty Advisors LLC
List Price
$199,900
Sold Price
$203,000
Premium/Discount to List
$3,100
1.55%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.95%
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$220,000 Compass Title & Closing Servic
$203,000 None Listed On Document
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2025 07/03/25 Sold $220,000 -37.0% $138 / Sq Ft
05/08/2025 05/08/25 Pending -- -- --
05/02/2025 05/02/25 For Sale $349,000 +71.9% $219 / Sq Ft
04/03/2025 04/03/25 Sold $203,000 +1.6% $132 / Sq Ft View Prior Sale
03/21/2025 03/21/25 Pending -- -- --
03/18/2025 03/18/25 For Sale $199,900 -- $130 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,114 $103,200 $0 $0
2024 $2,068 $91,500 $0 $0
2023 $1,957 $77,500 $0 $0
2022 $2,202 $69,400 $0 $0
2021 $2,700 $65,800 $0 $0
2019 $336 $58,200 $0 $0
2018 $2,146 $51,300 $0 $0
2017 $615 $47,700 $0 $0
2016 $2,007 $45,300 $0 $0
2015 $3,794 $41,650 $0 $0
2013 $3,675 $36,750 $0 $0
2011 -- $41,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ronnie Ahmad

    Seller's Agent in 2025

    Ronnie Ahmad

    Keller Williams Legacy

    (313) 999-8600

    1 in this area

    1,916 Total Sales

    Ronnie Ahmad
    Section Image
  • Mohamed Fares

    Seller's Agent in 2025

    Mohamed Fares

    Elite Realty Advisors LLC

    (718) 702-2188

    2 in this area

    123 Total Sales

    Mohamed Fares
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20250029066

Realcomp

APN: 32-10-182-06-007

Michigan Wayne County Dearborn 48126 Colson Ruby

5484 Middlesex St, Dearborn, MI

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
Copyright 2026 Realcomp II Ltd. Shareholders
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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.