NOT LISTED FOR SALE
10 Beds
5 Baths
3,640 Sq Ft
8,712 Sq Ft Lot

Last Sold October 16, 2023

Last sale price $400,000 $110 Per Sq Ft

Highlights

  • 0.2 Acre Lot
  • Forced Air Heating System
  • Heating System Uses Steam
  • Dutch Colonial Architecture
  • Baseboard Heating
  • 3-minute walk to Baseball Field

About This Home

As of October 2023

VERY RARE 5 UNIT APARTMENT BUILDING IN THE HEART OF DEARBORN!! CASH FLOWING WITH LOTS OF POTENTIAL!!
**SOLD SOLD SOLD SOLD**

Last Agent to Sell the Property

Mohammed Abdallah

Own It Realty License #6501411240 Listed on: 10/16/2023

Last Buyer's Agent

David Makki

Own It Realty License #RCO-6502429063

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 40.00 x 111.00

Home Design

  • Duplex
  • Dutch Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 5 Full Bathrooms
  • 3,640 Sq Ft Home
  • 3-Story Property
  • Partially Finished Basement

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 5 Units
  • Ford Chase Sub No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32821007405019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,412

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex, Dutch Colonial
  • Architecture Level: 3 Story
  • Year Built: 1926
  • State Equalized Value: 111800.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 3640
  • Total Sq Ft: 3640
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Dearborn

Lot Info

  • Lot Size Area: 0.20
  • Lot Dimensions: 40.00 x 111.00
  • Parcel Number: 32821007405019
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 99999

Tax Info

  • Tax Amount Summer: 5676.0000
  • Tax Amount Winter: 736.0000
  • Total Tax: 6412.0000
  • Taxable Value: 92143.0000

Multi Family

  • Gross Scheduled Income: 99999.00
  • Number Of Units Total: 5
  • Number of Two Bedroom Units: 5
  • Number Of Units Leased: 5

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2023
Sold by
Two Brothers Venture Llc
Bought by
6225 Middlesex Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Outstanding Balance
$236,622
Interest Rate
6.71%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 20, 2019
Closed on
Jul 15, 2019
Sold by
Trusted Investment Llc
Bought by
Two Brothers Venture Llc
Seller's Agent
Mohammed Abdallah
Own It Realty
Buyer's Agent
Mohammed Abdallah
Own It Realty
List Price
$199,999
Sold Price
$187,500
Premium/Discount to List
-$12,499
-6.25%

Purchase Details

Listed on
Jul 1, 2013
Closed on
Dec 12, 2013
Sold by
Peter A Costa Revocable Living Trust
Bought by
Trusted Investment Llc
Seller's Agent
Curt Dozier
Remerica Hometown III
Buyer's Agent
Jason Wade
City Trends Realty
List Price
$165,000
Sold Price
$125,000
Premium/Discount to List
-$40,000
-24.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%

Purchase Details

Closed on
Jun 17, 2011
Sold by
Costa Peter A
Bought by
Costa Peter A and Peter A Costa Revocable Living Trust
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
6225 Middlesex Street Llc $400,000 None Listed On Document
Two Brothers Venture Llc $187,500 Venture Title Agency
Trusted Investment Llc $125,000 Title One Inc
Costa Peter A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 6225 Middlesex Street Llc $242,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $400,000 0.0% $110 / Sq Ft
10/16/2023 10/16/23 For Sale $399,999 +113.3% $110 / Sq Ft
07/22/2019 07/22/19 Sold $187,500 -6.2% $52 / Sq Ft
07/20/2019 07/20/19 Pending -- -- --
07/20/2019 07/20/19 For Sale $199,999 +60.0% $55 / Sq Ft
12/12/2013 12/12/13 Sold $125,000 -24.2% $34 / Sq Ft
11/26/2013 11/26/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $165,000 -- $45 / 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 $7,639 $189,900 $0 $0
2024 $7,639 $123,900 $0 $0
2023 $5,570 $118,000 $0 $0
2022 $6,412 $111,800 $0 $0
2021 $6,570 $89,200 $0 $0
2019 $5,023 $82,900 $0 $0
2018 $4,361 $66,700 $0 $0
2017 $1,026 $66,700 $0 $0
2016 $4,124 $63,500 $0 $0
2015 $6,325 $63,500 $0 $0
2013 $4,836 $67,650 $0 $0
2011 -- $71,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230066506

Realcomp

APN: 32-10-074-05-019