NOT LISTED FOR SALE

6525 Ternes St Dearborn, MI 48126

Ford Woods Neighborhood

Estimated Value: $278,541 - $388,000

2 Beds
1 Bath
2,036 Sq Ft
3,485 Sq Ft Lot

Last Sold September 04, 2024

Last sale price $1,500 $1 Per Sq Ft

Est. 21,676% increase in value since last sale

Current estimated payment $2,265/month

Highlights

  • Traditional Architecture
  • Ground Level Unit
  • 2 Car Detached Garage
  • Dearborn High School Rated 9+
  • No HOA
  • Forced Air Heating System

About This Home

As of December 2024

TWO BEDROOM UPPER FLOOR/ LIVING ROOM, DINING ROOM VERY CLEAN AND QUIET STREET

Last Agent to Rent the Property

Ali Farhat

UBTEO License #6500128759 Listed on: 10/10/2024

Last Renter's Agent

Ali Farhat

UBTEO License #6500128759 Listed on: 10/10/2024

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1927

Lot Details

  • 3,485

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 2,036 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Albert P Ternes Subdivision

Listing and Financial Details

  • Security Deposit $1,500
  • 12 Month Lease Term
  • Application Fee: 50.00
  • Assessor Parcel Number 32821007126019

Condo Details

Home Type

Condominium

Year Built

Built in 1927

Lot Details

0

Rental Info

  • Application Fee: 50.00
  • Lease Type: Apartments, Condominium
  • Security Deposit: 1500.00

Listing Details

  • Property Type: Condominium
  • Architecture Style: Traditional
  • Architecture Level: 2 Story
  • Year Built: 1927
  • Entry Location: Ground Level
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2036

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl
  • Foundation Materials: Brick/Mortar, Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Parcel Number: 32821007126019

Multi Family

  • Length of Lease: 12 Months

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
Jun 17, 2024
Sold by
Lucia Giovanni and Lucia Penny E
Bought by
Elsayed Ali and Makki Mahdi
Seller's Agent
Joseph Lamerson
Opul Realty
Buyer's Agent
Ali Farhat
UBTEO
List Price
$300,000
Sold Price
$265,000
Premium/Discount to List
-$35,000
-11.67%
Views
61
Current Estimated Value
$326,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,635
Avg. Annual Appreciation
15.18%
Original Mortgage
$198,750
Outstanding Balance
$196,214
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$130,421

Purchase Details

Closed on
Aug 16, 2017
Sold by
Lucia John F and Lucia Giovanni
Bought by
Lucia Giovanni
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Elsayed Ali $265,000 None Listed On Document
Elsayed Ali $265,000 None Listed On Document
Lucia Giovanni -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elsayed Ali $198,750
Closed Elsayed Ali $198,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2024 12/12/24 Rented $1,250 -10.7% --
12/04/2024 12/04/24 Under Contract -- -- --
11/19/2024 11/19/24 Price Changed $1,400 -6.7% $1 / Sq Ft
10/10/2024 10/10/24 For Rent $1,500 0.0% --
09/04/2024 09/04/24 Sold $1,500 0.0% $1 / Sq Ft View Prior Sale
06/22/2024 06/22/24 For Sale $1,500 -99.4% $1 / Sq Ft
06/17/2024 06/17/24 Sold $265,000 -5.4% $130 / Sq Ft View Prior Sale
05/17/2024 05/17/24 Pending -- -- --
05/08/2024 05/08/24 Price Changed $280,000 +1.8% $138 / Sq Ft
04/08/2024 04/08/24 Price Changed $275,000 -5.1% $135 / Sq Ft
04/04/2024 04/04/24 Price Changed $289,900 -3.3% $142 / Sq Ft
03/29/2024 03/29/24 Price Changed $299,800 -0.1% $147 / Sq Ft
03/28/2024 03/28/24 For Sale $300,000 -- $147 / 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 $6,647 $111,900 $0 $0
2024 $2,943 $120,700 $0 $0
2023 $2,617 $80,900 $0 $0
2022 $3,013 $88,400 $0 $0
2021 $3,088 $81,400 $0 $0
2019 $3,045 $63,800 $0 $0
2018 $2,642 $54,900 $0 $0
2017 $622 $50,400 $0 $0
2016 $2,501 $53,800 $0 $0
2015 $3,835 $42,050 $0 $0
2013 $3,714 $37,143 $0 $0
2011 -- $42,208 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Lamerson

    Seller's Agent in 2024

    Joseph Lamerson

    Opul Realty

    (313) 673-7962

    1 in this area

    49 Total Sales

    Joseph Lamerson
    Section Image
  • Ali Farhat

    Landlord's Agent in 2024

    Ali Farhat

    UBTEO

    (313) 450-5055

    2 in this area

    202 Total Sales

    Ali Farhat
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240076749

Realcomp

APN: 32-10-071-26-019

Michigan Wayne County Dearborn 48126 Ford Woods

6525 Ternes St, Dearborn, MI

Not Listed for Sale

Condos

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
Copyright 2025 Realcomp II Ltd. Shareholders
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

Nearby Homes