NOT LISTED FOR SALE

5624 Madison St Dearborn Heights, MI 48125

Estimated Value: $194,000 - $239,000

5 Beds
2 Baths
1,166 Sq Ft
$184/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $190,000 $163 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,369/month

9 Days on Market

Highlights

  • Jetted Tub in Primary Bathroom
  • 2.5 Car Detached Garage
  • Bungalow
  • No HOA
  • Patio
  • Forced Air Heating System

About This Home

As of September 2023

"Honey We're Home"! Beautiful Colonial style Bungalow home have a total of 5 bedrooms and 2 full baths. Two bedrooms on the main level, 2 bedrooms on the second floor and one bedroom or alternate room on the lower level with walkout access. All bedrooms have large closets. The second floor bedrooms have huge 12 foot closets. The living room have a beautiful Bay Window. Mostly natural hardwood floors throughout except in bathrooms (ceramic floors) and kitchen (laminate floor). Bathrooms have been recently remodeled with a Jacuzzi tub. Backyard is ready for outdoor entertainment on the patio. 2.5 Car Garage with extra storage space. All appliances come with home.
All offers will be presented to seller as received.

Last Agent to Sell the Property

Karen Morgan

Baker & Associates Realty Group LLC License #6501422622 Listed on: 08/16/2023

Last Buyer's Agent

Nicole Segura-Nowell

Select Real Estate Professionals License #RCO-6501403388

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1959 | Remodeled in 2020

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 118.50

Parking

  • 2.5 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 1,166 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • ENERGY STAR Qualified Water Heater
  • Natural Gas Water Heater

Additional Features

  • Patio
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 33047020265002
  • $5,700 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Dearborn Telegraph Twnlne Sub Dbn Hts Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,426

Year Built

Built in 1959 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Year Built: 1959
  • State Equalized Value: 58300.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Jetted Tub
  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 1166

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Porch Type: Patio
  • Road Frontage Type: Paved
  • Sideof Street: E

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: ENERGY STAR® Qualified Water Heater, Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00 x 118.50
  • Parcel Number: 33047020265002

Tax Info

  • Tax Amount Summer: 3845.0000
  • Tax Amount Winter: 581.0000
  • Total Tax: 4426.0000
  • Taxable Value: 36137.0000

MLS Schools

  • School District: Dearborn Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Sep 20, 2023
Sold by
Hicks Renisha
Bought by
Donald Lashaun M
Seller's Agent
Karen Morgan
Baker & Associates Realty Group LLC
Buyer's Agent
Nicole Segura-Nowell
Select Real Estate Professionals
List Price
$185,500
Sold Price
$190,000
Premium/Discount to List
$4,500
2.43%
Views
220
Current Estimated Value
$214,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,414
Avg. Annual Appreciation
5.81%
Original Mortgage
$171,000
Outstanding Balance
$167,373
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$47,041

Purchase Details

Closed on
Feb 15, 2012
Sold by
Higgins Lucille
Bought by
Hicks Renisha

Purchase Details

Closed on
Oct 6, 2010
Sold by
Shear Russell W and Shear Kathleen V
Bought by
Beneficial Michigan Inc
Source: Public Records

Range of Values:

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Average Value
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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
Donald Lashaun M $190,000 None Listed On Document
Hicks Renisha -- Tri County Title Agency Inc
Beneficial Michigan Inc $31,941 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donald Lashaun M $171,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2023 09/20/23 Sold $190,000 +2.4% $163 / Sq Ft
08/26/2023 08/26/23 Pending -- -- --
08/16/2023 08/16/23 For Sale $185,500 -- $159 / 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 $2,896 $85,100 $0 $0
2024 $2,896 $78,200 $0 $0
2023 $2,268 $67,500 $0 $0
2022 $4,792 $58,300 $0 $0
2021 $3,252 $51,900 $0 $0
2019 $3,243 $43,200 $0 $0
2018 $1,757 $39,200 $0 $0
2017 $1,135 $35,500 $0 $0
2016 $3,949 $33,300 $0 $0
2015 $3,200 $32,000 $0 $0
2013 $3,320 $33,900 $0 $0
2010 -- $43,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Karen Morgan

    Baker & Associates Realty Group LLC

    (313) 433-5855

    1 in this area

    21 Total Sales

    Karen Morgan
    Section Image
  • Nicole Segura-Nowell

    Buyer's Agent in 2023

    Nicole Segura-Nowell

    Select Real Estate Professionals

    (248) 835-3732

    1 in this area

    15 Total Sales

    Nicole Segura-Nowell
    Section Image
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Map

Source: Realcomp

MLS Number: 20230065859

Realcomp

APN: 33-047-02-0265-002

Michigan Wayne County Dearborn Heights 48125

5624 Madison St, Dearborn Heights, MI

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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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