NOT LISTED FOR SALE

7242 Kingsley St Dearborn, MI 48126

Aviation Neighborhood

Estimated Value: $295,748 - $368,000

6 Beds
2 Baths
2,208 Sq Ft
$151/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $120,000 $54 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $1,997/month

18 Days on Market

Highlights

  • Forced Air Heating System
  • Garage
  • 4-minute walk to Freda-Blesser Playlot

About This Home

As of August 2014

GREAT MULTI FAMILY OPPORTUNITY! COME BY AND TAKE A LOOK AT THIS 2 UNIT BRICK WITH 3 BEDROOM ON EACH UNIT BEAUTY! HOME HAS LOTS OF POTENTIAL.NEW TWO KITCHEN ,TWO NEW BATHROOM WITH JACUZZI, NEW WINDOW ,NEW HEAT AND MUCH MORE. . BRING YOUR BEST OFFERS . SHOWING BETWEEN 10 AM -2 PM THROUGH THE WEEK AND SATURDAY AND SUNDAY ANY TIME.

Last Agent to Sell the Property

Moe Aldhulaimi

Real Estate One-Dbn Hts/Dbn License #6501349008 Listed on: 06/27/2014

Real Estate One-Dbn Hts/Dbn

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 1927

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00x120.00

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,208 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • 2 Units
  • Oakman Aviation Field No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32821005437009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,726

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 50
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2208

Exterior Features

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

Garage/Parking

  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street, Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 1172727.2727
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X120.00
  • Parcel Number: 32821005437009
  • Zoning: Residential
  • Percent Homestead Exempt: Yes

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 650

Tax Info

  • Tax Amount Summer: 2399.0000
  • Tax Amount Winter: 327.0000
  • Total Tax: 2726.0000

Multi Family

  • Gross Scheduled Income: 7800.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2014
Closed on
Aug 29, 2014
Sold by
Al Agi Abdulkarem and Musid Fiirdous
Bought by
Haidarah Jehan
Seller's Agent
Moe Aldhulaimi
Real Estate One-Dbn Hts/Dbn
Buyer's Agent
Ahmed Almawri
Real Estate One-Dbn Hts/Dbn
List Price
$129,000
Sold Price
$120,000
Premium/Discount to List
-$9,000
-6.98%
Current Estimated Value
$334,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,187
Avg. Annual Appreciation
9.38%
Original Mortgage
$117,826
Outstanding Balance
$88,886
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$245,302

Purchase Details

Closed on
Sep 21, 2012
Sold by
Dallas Investment Inc
Bought by
Al Agi Abdulkarem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,913
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 2011
Sold by
Wojtowicz Raymond J
Bought by
Dallas Investments Inc

Purchase Details

Closed on
Feb 8, 2000
Sold by
Yasser M Abouleila
Bought by
Mohammed Abouleila

Purchase Details

Closed on
Nov 18, 1994
Sold by
Hassan M Raychouni
Bought by
Yasser M Abouleila
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
Haidarah Jehan -- Bell Title Agency
Al Agi Abdulkarem $60,000 Bell Title Agency Of Livonia
Dallas Investments Inc $31,500 None Available
Mohammed Abouleila $150,000 --
Yasser M Abouleila $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haidarah Jehan $117,826
Previous Owner Al Agi Abdulkarem $58,913
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2014 08/29/14 Sold $120,000 -7.0% $54 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
06/27/2014 06/27/14 For Sale $129,000 -- $58 / Sq Ft
Source: Realcomp

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 $3,118 $140,100 $0 $0
2024 $3,101 $108,400 $0 $0
2023 $2,831 $103,600 $0 $0
2022 $3,228 $84,100 $0 $0
2021 $3,496 $79,300 $0 $0
2019 $3,454 $64,100 $0 $0
2018 $2,967 $59,600 $0 $0
2017 $767 $52,700 $0 $0
2016 $2,791 $52,800 $0 $0
2015 $4,725 $47,250 $0 $0
2013 $4,170 $41,700 $0 $0
2011 -- $47,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Moe Aldhulaimi

    Seller's Agent in 2014

    Moe Aldhulaimi

    Real Estate One

    (313) 523-7776

    11 in this area

    158 Total Sales

    Moe Aldhulaimi
    Section Image
  • Ahmed Almawri

    Buyer's Agent in 2014

    Ahmed Almawri

    Real Estate One

    (313) 522-0110

    9 in this area

    118 Total Sales

    Ahmed Almawri
    Section Image
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Map

Source: Realcomp

MLS Number: 214064059

Realcomp

APN: 32-10-054-37-009

Michigan Wayne County Dearborn 48126 Aviation

7242 Kingsley St, Dearborn, MI

Not Listed for Sale

MultiFamily

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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