7261 Reuter St Dearborn, MI 48126
Aviation NeighborhoodEstimated payment $3,150/month
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.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1941
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 40x120
Parking
- 1 Car Garage
Home Design
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- 2,593 Sq Ft Home
- 2-Story Property
- Finished Basement
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 32821005334022
Community Details
Overview
- 2 Units
- Oakman Aviation Field 2 Subdivision
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,672 | $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 |
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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | $89,000 | None Available | |
| Deed | $91,600 | None Available | |
| Warranty Deed | -- | None Available | |
| Sheriffs Deed | $189,605 | None Available | |
| Sheriffs Deed | $223,200 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $76,406 | FHA |
Source: Realcomp
MLS Number: 20251018792
APN: 32-10-053-34-022
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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