$330,000
SOLD FEB 26, 2024
5 Beds
3.5 Baths
2,862 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$115 Per Sq Ft

18 Days on Market

Highlights

  • Covered patio or porch
  • 3 Car Garage
  • Fenced
  • Forced Air Heating and Cooling System

About This Home

As of February 2024

Great Investment opportunity for this 3 unit multi family property. Units consists of one 3 bedroom on first floor and two 1 bedrooms. Full finished basement. All up to code. All newer separate F/A, furnaces, hwh and electrical.

Last Agent to Sell the Property

Sam Baydoun

Century 21 Curran & Oberski License #6506045424 Listed on: 01/29/2024

Century 21 Curran & Oberski

Last Buyer's Agent

Jaafar Ayoub

Keller Williams Legacy License #RCO-6501442197

Keller Williams Legacy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1929

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 38.00 x 141.00
  • Fenced

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,862 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Parking

  • 3 Car Garage
  • Lighted Parking

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 32821008124012

Community Details

Overview

  • 3 Units
  • Robert Oakmans Oakman Blvd & Miller Ave Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,861

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex, Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1929
  • State Equalized Value: 141200.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 2862
  • Total Sq Ft: 2862
  • Sq Ft Total Bsmt: 1431

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages, Lighted
  • Total Parking Spaces: 3

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Dearborn

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 38.00 x 141.00
  • Parcel Number: 32821008124012
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 650

Tax Info

  • Tax Amount Summer: 4293.0000
  • Tax Amount Winter: 568.0000
  • Total Tax: 4861.0000
  • Taxable Value: 74576.0000

Multi Family

  • Gross Scheduled Income: 7800.00
  • Number Of Units Total: 3
  • Number of One Bedroom Units: 2
  • Number of Three Bedroom Units: 1
  • Number Of Units Leased: 3

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2024
Closed on
Feb 22, 2024
Sold by
Baydoun Ziad
Bought by
Joumaa Ali M
Seller's Agent
Sam Baydoun
Century 21 Curran & Oberski
Buyer's Agent
Jaafar Ayoub
Keller Williams Legacy
List Price
$329,900
Sold Price
$330,000
Premium/Discount to List
$100
0.03%
Views
148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$247,500
Outstanding Balance
$244,601
Interest Rate
6.69%
Mortgage Type
Construction
Estimated Equity
$111,588

Purchase Details

Closed on
Jan 7, 2009
Sold by
Hachem Mohamad K and Hachem Fatme A
Bought by
Warren Bank Mortgage Company Llc
Source: Public Records

Similar Home in Dearborn, MI

  • 5101 Reuter St, Dearborn, MI 48126

    $289,900

    • 3 Beds
    • 2 Baths
    • 1,928 Sq Ft
    • 5101 Reuter St
    • Dearborn, MI

    Great investment opportunity in this Dearborn multifamily home with two spacious units and a big backyard. Entry level unit features a large central dining room, three bedrooms and a full bath down the hallway. Upper unit with a large kitchen, balcony, four bedrooms and a full bath. Shared basement with laundry and ample storage space. Big fenced backyard with a detached two and a half car garage.

    Ahmad Nehme Keller Williams Legacy

    Section Image

Range of Values:

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 Type Sale Price Title Company
Warranty Deed $330,000 Title One
Sheriffs Deed $111,732 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $247,500 Construction
Previous Owner $196,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2024 03/14/24 Rented $850 -5.6% --
02/29/2024 02/29/24 For Rent $900 0.0% --
02/26/2024 02/26/24 Sold $330,000 0.0% $115 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $329,900 -- $115 / 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
2024 $4,827 $139,200 $0 $0
2023 $4,293 $141,200 $0 $0
2022 $4,942 $127,700 $0 $0
2021 $5,064 $113,600 $0 $0
2019 $4,995 $89,300 $0 $0
2018 $4,337 $80,600 $0 $0
2017 $1,020 $71,800 $0 $0
2016 $3,995 $68,600 $0 $0
2015 $6,126 $67,250 $0 $0
2013 $5,935 $59,350 $0 $0
2011 -- $65,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240005155

Realcomp

APN: 32-10-081-24-012