NOT LISTED FOR SALE

Estimated Value: $276,000 - $318,000

5 Beds
2 Baths
1,800 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $255,000 $142 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,015/month

92 Days on Market

Highlights

  • Porch
  • Laundry Facilities
  • Fenced
  • Forced Air Heating and Cooling System

About This Home

As of May 2024

Updated 2-Unit, 5-Bedroom Home In Prime & Highly Desired East Dearborn Location. Close To Schools, Parks & Shopping. Lower Unit is 2-Bed, Living Room, Dining Room, Bathroom, Kitchen & Private Basement. Upper Unit 3-Bed, Separate Metered Utilities. Solid Income Property In Dearborn's Strong Rental Market Or Be Converted Into Single Family Home. Schedule Your Showing Today!

Last Agent to Sell the Property

Hassan Shukr

Own It Realty License #6501378246 Listed on: 01/15/2024

Last Buyer's Agent

Ahmed Almawri

Real Estate One-Dbn Hts/Dbn License #6501344491

Real Estate One-Dbn Hts/Dbn

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1928 | Remodeled in 2021

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00 x 114.00
  • Fenced

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete
  • Rubber Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,800 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 32821007130003

Community Details

Overview

  • 2 Units
  • Albert P Ternes Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,554

Year Built

Built in 1928 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1928
  • State Equalized Value: 84700.0000
  • Year Renovated: 2021
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1800
  • Total Sq Ft: 1800
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Roof Material: Rubber
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block, Poured
  • Frontage Feet: 35
  • Porch Type: Porch
  • Road Frontage Type: Paved
  • Sideof Street: E

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air, Separate Meters
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Fee Information

  • Operating Expense: 10000.00

Schools

  • School District: Dearborn

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00 x 114.00
  • Parcel Number: 32821007130003
  • Zoning: Multi-Family, Residential

Rental Info

  • Rent Includes: Water
  • Monthly Rental Income: 2800

Tax Info

  • Tax Amount Summer: 4876.0000
  • Tax Amount Winter: 678.0000
  • Total Tax: 5554.0000
  • Taxable Value: 84700.0000

Multi Family

  • Gross Scheduled Income: 33600.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
May 1, 2024
Sold by
Niatsikas Kiriakos and Stefanou Amalia
Bought by
2024 Investment Llc
Seller's Agent
Hassan Shukr
Own It Realty
Buyer's Agent
Ahmed Almawri
Real Estate One-Dbn Hts/Dbn
List Price
$285,000
Sold Price
$255,000
Premium/Discount to List
-$30,000
-10.53%
Views
284
Current Estimated Value
$284,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,500
Avg. Annual Appreciation
6.18%

Purchase Details

Listed on
Feb 5, 2021
Closed on
Apr 2, 2021
Sold by
Naji Mohammad and Naji Mohammad Wafic
Bought by
Niatsikas Kiriakos and Stefanou Amalia
Seller's Agent
Nick Jaafar
Keller Williams Legacy
Buyer's Agent
Hassan Shukr
Keller Williams Legacy
List Price
$194,900
Sold Price
$194,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$146,175
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2010
Sold by
Naji Nehaya A
Bought by
Naji Mohammad

Purchase Details

Closed on
Jun 16, 2010
Sold by
Al Mansori Saad
Bought by
Naji Nehaya A

Purchase Details

Closed on
Feb 17, 2010
Sold by
Al Mansori Saad
Bought by
Provident Funding Associates Lp

Purchase Details

Closed on
Oct 2, 2007
Sold by
Al Musawi Hakim and Al Musawi Sanaa
Bought by
Al Mansori Saad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,400
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 2, 2006
Sold by
Credit Based Asset Servicing & Securitiz
Bought by
Pledged Property Ii Llc

Purchase Details

Closed on
Sep 27, 2006
Sold by
Faour Mohamad
Bought by
Credit Based Asset Servicing & Securizat

Purchase Details

Closed on
Feb 10, 2006
Sold by
Saad Mirna and Saad Hussein M
Bought by
Faour Mohamad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
8.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 16, 2006
Sold by
Department Of Natural Resources
Bought by
Saad Hussein

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
8.8%
Mortgage Type
Unknown
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
2024 Investment Llc $255,000 None Listed On Document
Niatsikas Kiriakos $194,900 V1 Title Agency
Naji Mohammad -- Attorneys Title Agency Llc
Naji Nehaya A -- None Available
Provident Funding Associates Lp $60,000 None Available
Al Mansori Saad $206,000 None Available
Pledged Property Ii Llc -- None Available
Credit Based Asset Servicing & Securizat $140,250 None Available
Faour Mohamad $193,000 American Premier Title
Saad Hussein -- American Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Niatsikas Kiriakos $161,000
Previous Owner Niatsikas Kiriakos $146,175
Previous Owner Al Mansori Saad $185,400
Previous Owner Al Musawi Hakim $105,300
Previous Owner Saad Hussein $154,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $255,000 0.0% $142 / Sq Ft
05/01/2024 05/01/24 Sold $255,000 -7.3% $142 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/16/2024 04/16/24 Pending -- -- --
03/25/2024 03/25/24 Price Changed $275,000 0.0% $153 / Sq Ft
03/25/2024 03/25/24 Price Changed $275,000 -3.5% $153 / Sq Ft
02/29/2024 02/29/24 For Sale $285,000 0.0% $158 / Sq Ft
02/29/2024 02/29/24 For Sale $285,000 +11.8% $158 / Sq Ft
01/22/2024 01/22/24 Off Market $255,000 -- --
01/22/2024 01/22/24 Off Market $255,000 -- --
01/15/2024 01/15/24 For Sale $285,000 0.0% $158 / Sq Ft
01/15/2024 01/15/24 For Sale $285,000 +46.2% $158 / Sq Ft
04/06/2021 04/06/21 Sold $194,900 0.0% $97 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $194,900 -- $97 / 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 $5,483 $119,700 $0 $0
2024 $5,483 $121,900 $0 $0
2023 $4,876 $84,700 $0 $0
2022 $5,658 $81,300 $0 $0
2021 $3,366 $74,900 $0 $0
2019 $3,320 $58,800 $0 $0
2018 $2,884 $52,800 $0 $0
2017 $678 $48,500 $0 $0
2016 $2,726 $51,600 $0 $0
2015 $4,181 $45,850 $0 $0
2013 $4,050 $40,500 $0 $0
2011 -- $46,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240002733

Realcomp

APN: 32-10-071-30-003