NOT LISTED FOR SALE

7051 Payne Ave Dearborn, MI 48126

Ford Woods Neighborhood

Estimated Value: $189,000 - $306,000

3 Beds
2 Baths
1,040 Sq Ft
$235/Sq Ft Est. Value

Last Sold February 14, 2013

Last sale price $85,000 $82 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $1,510/month

77 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • 1 Car Garage
  • No HOA

About This Home

As of February 2013

This is a unique opportunity! A 3 bedroom brick ranch with hardwood floors, 2 full baths, newer roof. Also included in this price is an additional lot adjacent to the home. Expand the home or build your dream home! Close to schools and shopping. Buyer to verify room sizes. Buyer may consider land contract. Do not approach, current tenant. Please contact selling agent for appt. Agent related to Seller

Last Agent to Sell the Property

Darlene Ghabra

National Realty Centers, Inc License #6501339731 Listed on: 10/22/2012

National Realty Centers, Inc

Last Buyer's Agent

Darlene Ghabra

National Realty Centers, Inc License #6501339731 Listed on: 10/22/2012

National Realty Centers, Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x120

Parking

  • 1 Car Garage

Home Design

  • 1,040 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • Melrose Garden Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32821007104018

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 1040
  • Total Sq Ft: 1040

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • Garage Size: 1 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Dearborn

Lot Info

  • Homestead: Yes
  • List Price per Acre: 908182.0000
  • Lot Size Area: 0.11
  • Lot Dimensions: 40X120
  • Parcel Number: 32821007104018

Rental Info

  • Deposit Amount: 50000.00

Tax Info

  • Tax Amount Summer: 1984.0000
  • Tax Amount Winter: 331.0000
  • Total Tax: 2315.0000

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2012
Closed on
Feb 14, 2013
Sold by
Osman Mary and Osman Ali Tommy
Bought by
Atwi Hussein
Seller's Agent
Darlene Ghabra
National Realty Centers, Inc
Buyer's Agent
Darlene Ghabra
National Realty Centers, Inc
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%
Current Estimated Value
$244,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,739
Avg. Annual Appreciation
8.78%
Original Mortgage
$83,460
Outstanding Balance
$59,310
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$185,429

Purchase Details

Closed on
Nov 18, 2011
Sold by
Osman Mary and Osman Tommy A
Bought by
Osman Mary and Osman Ali Tommy

Purchase Details

Closed on
Jul 13, 2007
Sold by
Osman Mary
Bought by
Osman Mary
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
Atwi Hussein $85,000 Michigan Title Insurance Age
Osman Mary -- None Available
Osman Mary -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atwi Hussein $83,460
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2013 02/14/13 Sold $85,000 -14.9% $82 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
10/22/2012 10/22/12 For Sale $99,900 -- $96 / 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 $2,142 $109,100 $0 $0
2024 $2,142 $107,800 $0 $0
2023 $2,027 $91,800 $0 $0
2022 $2,281 $79,400 $0 $0
2021 $2,651 $71,200 $0 $0
2019 $2,624 $59,100 $0 $0
2018 $2,223 $53,700 $0 $0
2017 $638 $49,300 $0 $0
2016 $2,086 $48,000 $0 $0
2015 $3,942 $42,700 $0 $0
2013 $3,765 $37,650 $0 $0
2011 -- $42,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Darlene Ghabra

    National Realty Centers, Inc

    (313) 605-1322

    23 Total Sales

    Darlene Ghabra
    Section Image
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Map

Source: Realcomp

MLS Number: 212108452

Realcomp

APN: 32-10-071-04-018

Michigan Wayne County Dearborn 48126 Ford Woods

7051 Payne Ave, Dearborn, MI

This home is located at 7051 Payne Ave, Dearborn, MI 48126 since 22 October 2012 and is currently estimated at $244,739, approximately $235 per square foot. This property was built in 1957. 7051 Payne Ave is a home located in Wayne County with nearby schools including Maples Elementary School, Stout Middle School, and Dearborn High School.

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
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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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