NOT LISTED FOR SALE

7261 Reuter St Dearborn, MI 48126

Aviation Neighborhood

Estimated Value: $451,000 - $529,985

5 Beds
4 Baths
2,593 Sq Ft
$193/Sq Ft Est. Value

About This Home

Experience the perfect blend of style, space, and versatility in this beautifully maintained 5-bedroom, 3.5-bathroom home located at 7261 Reuter St, Dearborn, MI 48126. Priced at $589,900, this expansive 2,800 sq ft residence (not including the finished basement) offers an ideal layout for families or savvy investors.
Designed for flexible living, the home easily accommodates single-family use or multi-unit potential. Step inside to find bright, open-concept living areas filled with natural light, a modern chef’s kitchen featuring high-end appliances, and generously sized bedrooms with ample closet space.
The fully finished basement adds valuable additional living space, perfect for a guest suite, recreation room, or rental opportunity. Outside, enjoy a private, well-kept backyard ideal for entertaining or relaxing.
Situated in a sought-after Dearborn neighborhood close to schools, shopping, and major routes, this rare gem combines comfort, convenience, and investment potential.
Don't miss out—schedule your private tour today!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2012
Sold by
Abdulla Omar
Bought by
Abdulla Ramsey
Current Estimated Value
$499,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,406
Outstanding Balance
$52,561
Interest Rate
3.9%
Mortgage Type
FHA
Estimated Equity
$447,185

Purchase Details

Closed on
Jul 26, 2010
Sold by
Donovan Shaun and Secretary Of Housing & Urban D
Bought by
Abdulla Omar

Purchase Details

Closed on
Apr 16, 2009
Sold by
Charter One Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Oct 15, 2008
Sold by
Khechen Sarar El
Bought by
Charter One Bank Na

Purchase Details

Closed on
Feb 13, 2003
Sold by
Saad Mayada and Saad Ali H
Bought by
Finance America Llc and Finam

Purchase Details

Closed on
Apr 17, 2001
Sold by
Saad Ali H
Bought by
Mayada Saad
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Abdulla Ramsey $89,000 None Available
Abdulla Omar $91,600 None Available
The Secretary Of Housing & Urban Develop -- None Available
Charter One Bank Na $189,605 None Available
Finance America Llc $223,200 --
Mayada Saad -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdulla Ramsey $76,406
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2025 07/22/25 Price Changed $529,900 -10.2% $204 / Sq Ft
07/18/2025 07/18/25 For Sale $589,900 -- $227 / Sq Ft

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 $3,692 $158,500 $0 $0
2024 $3,672 $139,500 $0 $0
2023 $3,353 $160,100 $0 $0
2022 $3,822 $123,200 $0 $0
2021 $4,140 $109,800 $0 $0
2019 $4,089 $86,500 $0 $0
2018 $3,510 $79,700 $0 $0
2017 $908 $72,300 $0 $0
2016 $3,304 $73,900 $0 $0
2015 $5,595 $61,450 $0 $0
2013 $5,420 $54,200 $0 $0
2011 -- $61,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Abrahim Mihtar

    Brookstone, Realtors LLC

    (248) 256-5436

    4 in this area

    50 Total Sales

    Abrahim Mihtar
    Section Image
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Map

Michigan Wayne County Dearborn 48126 Aviation

7261 Reuter St, Dearborn, MI

Not Listed for Sale

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