NOT LISTED FOR SALE

5486 Schaefer Rd Dearborn, MI 48126

Woodbridge Neighborhood

Estimated Value: $729,289

-- Bed
-- Bath
3,570 Sq Ft
$204/Sq Ft Est. Value

About This Home

This home is located at 5486 Schaefer Rd, Dearborn, MI 48126 and is currently estimated at $729,289, approximately $204 per square foot. 5486 Schaefer Rd is a home located in Wayne County with nearby schools including Miller Elementary School, Woodworth Middle School, and Fordson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2008
Sold by
Daneshvar Yousef and Daneshvar Mahin
Bought by
Mahin Llc
Current Estimated Value
$729,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
6.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 14, 2007
Sold by
Mourad Faouaz and Mourad Ghada
Bought by
Daneshvar Yousef

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 20, 2004
Sold by
Mourad Faouaz and Mourad Ghada
Bought by
Daneshvar Yousef

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
7%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Mahin Llc -- None Available
Daneshvar Yousef $394,500 Multiple
Daneshvar Yousef $394,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahin Llc $270,000
Closed Mahin Llc $381,617
Closed Mahin Llc $470,000
Closed Mahin Llc $30,000
Previous Owner Daneshvar Md Yousef $250,000
Previous Owner Mourad Faouaz $215,000
Previous Owner Daneshvar Yousef $294,500
Source: Public Records

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 $12,443 $222,200 $0 $0
2024 $12,443 $263,100 $0 $0
2023 $11,066 $249,900 $0 $0
2022 $12,739 $247,400 $0 $0
2021 $13,053 $227,900 $0 $0
2019 $12,874 $186,400 $0 $0
2018 $11,174 $172,200 $0 $0
2017 $2,630 $170,900 $0 $0
2011 -- $186,350 $0 $0
Source: Public Records

Map

Michigan Wayne County Dearborn 48126 Woodbridge

5486 Schaefer Rd, Dearborn, MI

This home is located at 5486 Schaefer Rd, Dearborn, MI 48126 and is currently estimated at $729,289, approximately $204 per square foot. 5486 Schaefer Rd 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.

Nearby Homes