NOT LISTED FOR SALE

7120 Calhoun St Dearborn, MI 48126

Hemlock Park Neighborhood

Estimated Value: $310,532 - $358,000

5 Beds
2.5 Baths
1,782 Sq Ft
$187/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $290,000 $163 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,338/month

37 Days on Market

About This Home

As of April 2024

Step into this beautifully maintained multi-family home that offers peace of mind with its recent upgrades. This property boasts a brand new roof, furnace, and water tanks—all updated in 2021, ensuring a comfortable and worry-free living experience. The property features spacious living areas, modern amenities, and is perfectly suited for anyone looking to invest in a property with minimal maintenance requirements. Don't miss the chance to own this gem with its turn-key readiness and the promise of long-term durability.

Last Agent to Sell the Property

Fayad Ayoub

Keller Williams Legacy License #6501446427 Listed on: 02/11/2024

Keller Williams Legacy

Last Buyer's Agent

FRANK ALSAGHIR

RE/MAX Team 2000 License #6501373949

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1929 | Remodeled in 2023

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 35.00 x 134.00

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,782 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 32821008102002
  • $4,000 Seller Concession

Community Details

Overview

  • 2 Units
  • Robert Oakman & John H Walsh Felician Pk Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,664

Year Built

Built in 1929 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 1292.00
  • Year Built: 1929
  • State Equalized Value: 85000.0000
  • Year Renovated: 2023
  • Pets Allowed: Call
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1782

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages
  • Total Parking Spaces: 2

Utilities

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

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 35.00 x 134.00
  • Parcel Number: 32821008102002
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 2800

Tax Info

  • Tax Amount Summer: 5092.0000
  • Tax Amount Winter: 572.0000
  • Total Tax: 5664.0000
  • Taxable Value: 75198.0000

Multi Family

  • Gross Scheduled Income: 33600.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2024
Closed on
Apr 19, 2024
Sold by
Mohammed Firas J
Bought by
Baker Mohammad Farouq and Baker Abdullah Farouq
Seller's Agent
Fayad Ayoub
Keller Williams Legacy
Buyer's Agent
FRANK ALSAGHIR
RE/MAX Team 2000
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%
Views
161
Current Estimated Value
$333,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,633
Avg. Annual Appreciation
8.54%
Original Mortgage
$224,000
Outstanding Balance
$220,563
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$113,070

Purchase Details

Listed on
Mar 27, 2018
Closed on
Jul 20, 2018
Sold by
Hachem Hassan K and Hachem Hassan
Bought by
Mohammed Firas J
Seller's Agent
Ali Abdallah
RE/MAX Leading Edge
Buyer's Agent
Athba Yacoub
Keller Williams Advantage
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.90%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Baker Mohammad Farouq $290,000 None Listed On Document
Baker Mohammad Farouq $290,000 None Listed On Document
Baker Mohammad Farouq $290,000 None Listed On Document
Mohammed Firas J $160,000 Venture Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Mohammad Farouq $224,000
Closed Baker Mohammad Farouq $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2024 04/19/24 Sold $290,000 -1.7% $163 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
02/11/2024 02/11/24 For Sale $295,000 +84.4% $166 / Sq Ft
07/20/2018 07/20/18 Sold $160,000 -3.0% $90 / Sq Ft View Prior Sale
04/02/2018 04/02/18 Pending -- -- --
03/27/2018 03/27/18 For Sale $165,000 -- $93 / 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 $7,110 $138,300 $0 $0
2024 $4,163 $139,600 $0 $0
2023 $5,092 $85,000 $0 $0
2022 $4,574 $83,400 $0 $0
2021 $6,281 $75,600 $0 $0
2019 $5,069 $67,100 $0 $0
2018 $3,279 $59,900 $0 $0
2017 $772 $52,900 $0 $0
2016 $3,103 $53,900 $0 $0
2015 $4,759 $52,250 $0 $0
2013 $4,610 $46,100 $0 $0
2011 -- $50,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2024

    Fayad Ayoub

    Keller Williams Legacy

    Section Image
  • FRANK ALSAGHIR

    Buyer's Agent in 2024

    FRANK ALSAGHIR

    RE/MAX

    4 in this area

    156 Total Sales

    FRANK ALSAGHIR
    Section Image
  • Ali Abdallah

    Seller's Agent in 2018

    Ali Abdallah

    RE/MAX

    (313) 721-1217

    1 in this area

    85 Total Sales

    Ali Abdallah
    Section Image
  • Athba Yacoub

    Buyer's Agent in 2018

    Athba Yacoub

    Keller Williams Advantage

    (248) 933-3161

    54 Total Sales

    Athba Yacoub
    Section Image
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Map

Source: Realcomp

MLS Number: 20240007501

Realcomp

APN: 32-10-081-02-002

Michigan Wayne County Dearborn 48126 Hemlock Park

7120 Calhoun St, Dearborn, MI

Not Listed for Sale

MultiFamily

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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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