NOT LISTED FOR SALE

5502 Williamson St Dearborn, MI 48126

Colson Ruby Neighborhood

Estimated Value: $216,000 - $330,000

6 Beds
2 Baths
2,000 Sq Ft
$133/Sq Ft Est. Value

Last Sold March 09, 2022

Last sale price $167,500 $84 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,838/month

233 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Fenced

About This Home

As of March 2022

MULTI FAMILY 3 BEDROOM LOWER AND 3 BEDROOM UPPER UNITS AND FULL BATHROOM IN EACH UNIT...ALL SEPARATE METERS AND FULL BASEMENT. PARKING ON SITE. CLOSE TO SCHOOLS, RESTAURANTS, PARKS AND ETC

Last Agent to Sell the Property

Sam Baydoun

Century 21 Curran & Oberski License #6506045424 Listed on: 07/16/2021

Century 21 Curran & Oberski

Co-Listed By

Moe Baydoun

Century 21 Curran & Oberski License #6501402412

Last Buyer's Agent

Sam Baydoun

Century 21 Curran & Oberski License #6506045424 Listed on: 07/16/2021

Century 21 Curran & Oberski

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926 | Remodeled in 2007

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00x112.00
  • Fenced

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,000 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 32821018205005

Community Details

Overview

  • 2 Units
  • Ardross Sub No 2 Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,233

Year Built

Built in 1926 | Remodeled in 2007

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1926
  • State Equalized Value: 65800.0000
  • Year Renovated: 2007
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2000

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00X112.00
  • Parcel Number: 32821018205005
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1550

Tax Info

  • Tax Amount Summer: 2866.0000
  • Tax Amount Winter: 367.0000
  • Total Tax: 3233.0000
  • Taxable Value: 43848.0000

Multi Family

  • Gross Scheduled Income: 18600.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Mar 9, 2022
Sold by
Fady Kasgorgis
Bought by
Abdulaziz Mohamad
Seller's Agent
Sam Baydoun
Century 21 Curran & Oberski
Buyer's Agent
Sam Baydoun
Century 21 Curran & Oberski
List Price
$199,900
Sold Price
$167,500
Premium/Discount to List
-$32,400
-16.21%
Current Estimated Value
$265,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,686
Avg. Annual Appreciation
12.82%
Original Mortgage
$117,250
Outstanding Balance
$109,549
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$155,637

Purchase Details

Listed on
Jul 16, 2021
Closed on
Mar 6, 2022
Sold by
Valerie Kasgorgis
Bought by
Kasgorgis Faten
Seller's Agent
Sam Baydoun
Century 21 Curran & Oberski
Buyer's Agent
Sam Baydoun
Century 21 Curran & Oberski
List Price
$199,900
Sold Price
$167,500
Premium/Discount to List
-$32,400
-16.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,250
Outstanding Balance
$109,549
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$155,637

Purchase Details

Closed on
Sep 19, 2002
Sold by
Horvath Aaron M
Bought by
Horvath Frances

Purchase Details

Closed on
Jul 17, 2002
Sold by
Horvath Frances
Bought by
Horvath Aaron 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
Abdulaziz Mohamad $167,500 None Listed On Document
Kasgorgis Faten -- None Listed On Document
Kasgorgis Faten -- None Listed On Document
Horvath Frances -- --
Horvath Aaron M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdulaziz Mohamad $117,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2022 03/09/22 Sold $167,500 -11.8% $84 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
10/26/2021 10/26/21 Price Changed $189,900 -5.0% $95 / Sq Ft
07/16/2021 07/16/21 For Sale $199,900 -- $100 / 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 $5,376 $106,300 $0 $0
2024 $5,412 $96,700 $0 $0
2023 $4,813 $83,600 $0 $0
2022 $3,196 $72,800 $0 $0
2021 $3,275 $69,000 $0 $0
2019 $360 $56,200 $0 $0
2018 $2,806 $48,200 $0 $0
2017 $660 $44,800 $0 $0
2016 $2,652 $46,100 $0 $0
2015 $4,067 $44,650 $0 $0
2013 $3,940 $39,400 $0 $0
2011 -- $44,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sam Baydoun

    Seller's Agent in 2022

    Sam Baydoun

    Century 21 Curran & Oberski

    (313) 384-6000

    5 in this area

    193 Total Sales

    Sam Baydoun
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Moe Baydoun

    Century 21 Curran & Oberski

    1 in this area

    31 Total Sales

    Moe Baydoun
    Section Image
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Map

Source: Realcomp

MLS Number: 2210056759

Realcomp

APN: 32-10-182-05-005

Michigan Wayne County Dearborn 48126 Colson Ruby

5502 Williamson St, Dearborn, MI

Not Listed for Sale

MultiFamily

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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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