NOT LISTED FOR SALE

5507 Cherokee St Dearborn Heights, MI 48125

Estimated Value: $164,091 - $175,000

3 Beds
1 Bath
1,044 Sq Ft
$163/Sq Ft Est. Value

Last Sold January 28, 2014

Last sale price $60,000 $57 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $1,040/month

152 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • 2 Car Garage
  • No HOA

About This Home

As of January 2014

MOTIVATED SELLER...BRING ALL OFFERS!!! GREAT HOME, NEEDS NOTHING! EVERYTHING HAS BEEN DONE! INCLUDES MANY UPDATES! NEW KITCHEN, BATH, ROOF AND WINDOWS! NEW CARPET! MOVE RIGHT IN! ALL APPLIANCES NEGOTIABLE!

Last Agent to Sell the Property

Daniel Morrison

Temporary Inactive Users License #6501371744 Listed on: 06/14/2013

Last Buyer's Agent

Kim Jarvis

RE/MAX Innovation License #6501337674

RE/MAX Innovation

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 52x104

Parking

  • 2 Car Garage

Home Design

  • 1,044 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Van Born Meadows No 2 Dbn Hts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33043030140000

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: YES
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 1044
  • Total Sq Ft: 1044

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Westwood

Lot Info

  • Homestead: Yes
  • List Price per Acre: 541666.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 52X104
  • Parcel Number: 33043030140000

Tax Info

  • Tax Amount Summer: 1827.0000
  • Tax Amount Winter: 356.0000
  • Total Tax: 2183.0000

MLS Schools

  • School District: Westwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2013
Closed on
Jan 28, 2014
Sold by
Carey Kevin J and Carey Michelle
Bought by
Hall Cynthia L and Hall David L
Seller's Agent
Daniel Morrison
Temporary Inactive Users
Buyer's Agent
Kim Jarvis
RE/MAX Innovation
List Price
$69,000
Sold Price
$60,000
Premium/Discount to List
-$9,000
-13.04%
Current Estimated Value
$170,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,273
Avg. Annual Appreciation
9.15%
Original Mortgage
$58,913
Outstanding Balance
$46,344
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$118,965

Purchase Details

Closed on
Nov 19, 2007
Sold by
Carey Kevin J and Carey Michelle
Bought by
Carey Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.47%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 23, 2005
Sold by
Flagstar Bank Fsb
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 17, 2005
Sold by
Carey Kevin J
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
May 21, 2001
Sold by
Carey Frances C
Bought by
Carey Kevin J
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
Hall Cynthia L $60,000 First American Title
Carey Kevin J -- None Available
Federal National Mortgage Association -- None Available
Flagstar Bank Fsb $73,955 None Available
Carey Kevin J $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall David $58,913
Previous Owner Carey Michelle $76,500
Closed Carey Kevin J --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2014 01/28/14 Sold $60,000 -13.0% $57 / Sq Ft
11/13/2013 11/13/13 Pending -- -- --
06/14/2013 06/14/13 For Sale $69,000 -- $66 / 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 $1,343 $75,100 $0 $0
2024 $1,343 $68,400 $0 $0
2023 $1,206 $59,400 $0 $0
2022 $1,635 $51,000 $0 $0
2021 $1,637 $43,900 $0 $0
2019 $1,493 $35,200 $0 $0
2018 $1,044 $31,400 $0 $0
2017 $819 $31,100 $0 $0
2016 $1,419 $31,500 $0 $0
2015 $2,930 $29,300 $0 $0
2013 $3,040 $31,100 $0 $0
2010 -- $38,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Daniel Morrison

    Temporary Inactive Users

  • Kim Jarvis

    Buyer's Agent in 2014

    Kim Jarvis

    RE/MAX of Southeast Michigan

    (734) 502-4068

    1 in this area

    170 Total Sales

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Map

Source: Realcomp

MLS Number: 213057943

Realcomp

APN: 33-043-03-0140-000

Michigan Wayne County Dearborn Heights 48125

5507 Cherokee St, Dearborn Heights, MI

This home is located at 5507 Cherokee St, Dearborn Heights, MI 48125 since 14 June 2013 and is currently estimated at $170,273, approximately $163 per square foot. This property was built in 1956. 5507 Cherokee St is a home located in Wayne County with nearby schools including Quest Charter Academy, West Village Academy, and Peterson-Warren Academy.

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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