NOT LISTED FOR SALE

7255 Payne Ave Dearborn, MI 48126

Oakman Grove Neighborhood

Estimated Value: $196,000 - $272,000

3 Beds
2 Baths
1,619 Sq Ft
$146/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2020

Last sale price $115,000 $71 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,633 / mo

28 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • Fenced

About This Home

As of February 2020

5/5 BRICK INCOME PROPERTY. SEPARATE HOT WATER TANKS AND FURNACES. NEEDS SOME TLC. SOLD IN AS IS CONDITION. 2 CAR DETACHED GARAGE. WITHIN WALKING DISTANCE TO SHOPPING, RESTAURANTS, SCHOOLS, ETC

Last Agent to Sell the Property

Sam Baydoun

Century 21 Curran & Oberski License #6506045424 Listed on: 01/14/2020

Century 21 Curran & Oberski

Last Buyer's Agent

Moussa Sobh

Empire Realty Group License #RCO-6502127733

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1927

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 35.00x105.00
  • Fenced

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,619 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 32821006332018

Community Details

Overview

  • 2 Units
  • Warren Vineyards Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,734

Year Built

Built in 1927

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1927
  • State Equalized Value: 49100.0000
  • Pets Allowed: Yes
  • 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: 1619

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Utilities

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

Lot Info

  • List Price per Acre: 1623750.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 35.00X105.00
  • Parcel Number: 32821006332018
  • Zone Conform: Yes
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 2440.0000
  • Tax Amount Winter: 294.0000
  • Total Tax: 2734.0000
  • Taxable Value: 36586.0000

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Dearborn

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2020
Closed on
Feb 28, 2020
Sold by
Bought by
Seller's Agent
Sam Baydoun
Century 21 Curran & Oberski
Buyer's Agent
Moussa Sobh
Empire Realty Group
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%
Current Estimated Value
$236,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,420
Avg. Annual Appreciation
12.16%
Original Mortgage
$80,000
Interest Rate
3.1%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Oct 21, 2008
Sold by
Bought by

Purchase Details

Closed on
May 31, 2007
Sold by
Bought by

Purchase Details

Closed on
Sep 22, 2006
Sold by
Bought by

Purchase Details

Closed on
May 24, 2006
Sold by
Bought by

Purchase Details

Closed on
Sep 9, 2005
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$115,000 Title One Inc
$115,000 Title One Inc
-- None Available
$146,856 None Available
$175,000 None Available
$149,776 None Available
$150,500 Multiple
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $80,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/28/2020 02/28/20 Sold $115,000 -11.5% $71 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $129,900 0.0% $80 / Sq Ft
04/04/2018 04/04/18 Rented $700 0.0% --
04/04/2018 04/04/18 Under Contract -- -- --
03/26/2018 03/26/18 For Rent $700 -- --
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,282 $94,500 $0 $0
2024 $4,311 $86,100 $0 $0
2023 $3,834 $73,400 $0 $0
2022 $4,414 $65,300 $0 $0
2021 $4,522 $61,400 $0 $0
2019 $2,746 $49,100 $0 $0
2018 $2,638 $45,600 $0 $0
2017 $561 $41,900 $0 $0
2016 $2,255 $43,000 $0 $0
2015 $3,458 $37,950 $0 $0
2013 $3,350 $33,500 $0 $0
2011 -- $36,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sam Baydoun

    Seller's Agent in 2020

    Sam Baydoun

    Century 21 Curran & Oberski

    (313) 384-6000

    1 in this area

    198 Total Sales

    Sam Baydoun
    Section Image
  • Moussa Sobh

    Buyer's Agent in 2020

    Moussa Sobh

    Empire Realty Group

    (313) 443-8400

    6 in this area

    156 Total Sales

    Moussa Sobh
    Section Image
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Map

Source: Realcomp

MLS Number: 2200002805

Realcomp

APN: 32-10-063-32-018

Michigan Wayne County Dearborn 48126 Oakman Grove

7255 Payne Ave, Dearborn, MI

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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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