NOT LISTED FOR SALE

7351 Middlesex St Dearborn, MI 48126

Oakman Grove Neighborhood

Estimated Value: $231,000 - $266,000

4 Beds
2 Baths
1,366 Sq Ft
$179/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $200,000 $146 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,539/month

42 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • 3-minute walk to Anthony Park
  • Covered Patio or Porch
  • Garage

About This Home

As of May 2022

**Home is back on the market due to Buyers FHA financing fell thru - CofO is done, FHA appraisal passed with no repairs required, re-listed at appraised value** UPDATED AND WELL MAINTAINED 2 FAMILY HOME. BOTH UNITS ARE TENANT OCCUPIED FIRST FLOOR UNIT PAYS $900/MONTH AND SECOND FLOOR UNIT PAYS $800/MONTH WITH A MONTH TO MONTH LEASE. TRUE MONEY MAKER AND ALSO YOU HAVE THE OPPORTUNITY TO INCREASE RENT BY A FEW HUNDRED DOLLARS ON EACH UNIT. SIMILAR UNITS IN THE AREA ARE RENTING FOR AROUND $1100/MONTH EACH. SEPARATE ELECTRICITY METERS. ONE FURNACE AND AC SUPPLY BOTH UNITS, THERMOSTAT IS INSIDE THE LOWER LEVEL UNIT.
TENANTS PAY FOR GAS, ELECTRICITY, WATER, AND GROUND MAINTENANCE.

Last Agent to Sell the Property

Laith Alkhafaji

KW Domain License #6501413766 Listed on: 03/18/2022

KW Domain

Last Buyer's Agent

Sam Hazime

Pro, REALTORS® License #RCO-6502357066

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1928 | Remodeled in 2019

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 32.00x125.00

Parking

  • Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,366 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Frischkorn Columbus Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32821006422022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,774

Year Built

Built in 1928 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1928
  • State Equalized Value: 51600.0000
  • Year Renovated: 2019
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Total Sq Ft: 1366

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl
  • Foundation Materials: Block
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages

Utilities

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

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 32.00X125.00
  • Parcel Number: 32821006422022
  • Zoning: Residential

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1700

Tax Info

  • Tax Amount Summer: 3371.0000
  • Tax Amount Winter: 403.0000
  • Total Tax: 3774.0000
  • Taxable Value: 51600.0000

Multi Family

  • Gross Scheduled Income: 20400.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
May 20, 2022
Sold by
H2020 Llc
Bought by
Awada Moussa
Seller's Agent
Laith Alkhafaji
KW Domain
Buyer's Agent
Sam Hazime
Pro, REALTORS®
List Price
$205,000
Sold Price
$200,000
Premium/Discount to List
-$5,000
-2.44%
Current Estimated Value
$246,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,138
Avg. Annual Appreciation
5.71%
Original Mortgage
$125,000
Outstanding Balance
$118,586
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$125,256

Purchase Details

Closed on
Oct 23, 2020
Sold by
Abdullah Haiman Akram
Bought by
H2020 Llc

Purchase Details

Closed on
Feb 22, 2020
Sold by
Ayh Investments Llc
Bought by
Abdullah Halman

Purchase Details

Listed on
Sep 27, 2019
Closed on
Nov 8, 2019
Sold by
Cazpta Virginia V and Dipaola Billy J
Bought by
Ayh Investments Llc
Seller's Agent
Sandy Cardinal
Berkshire Hathaway HomeServices Kee Realty Browns
Buyer's Agent
Moussa Sobh
Empire Realty Group
List Price
$125,000
Sold Price
$108,000
Premium/Discount to List
-$17,000
-13.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.28%
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
Awada Moussa $200,000 Compass Title & Closing Servic
H2020 Llc -- None Available
Abdullah Halman -- None Available
Ayh Investments Llc $108,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Awada Moussa $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2022 05/20/22 Sold $200,000 -2.4% $146 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $205,000 +89.8% $150 / Sq Ft
11/08/2019 11/08/19 Sold $108,000 -13.6% $79 / Sq Ft View Prior Sale
10/08/2019 10/08/19 Pending -- -- --
09/27/2019 09/27/19 For Sale $125,000 -- $92 / 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 $2,994 $84,800 $0 $0
2024 $2,929 $73,300 $0 $0
2023 $2,771 $63,700 $0 $0
2022 $3,709 $54,900 $0 $0
2021 $3,801 $51,600 $0 $0
2019 $2,078 $42,200 $0 $0
2018 $1,760 $35,900 $0 $0
2017 $505 $32,800 $0 $0
2016 $1,647 $33,500 $0 $0
2015 $3,112 $34,150 $0 $0
2013 $3,015 $30,150 $0 $0
2011 -- $33,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laith Alkhafaji

    Seller's Agent in 2022

    Laith Alkhafaji

    KW Domain

    (248) 667-2754

    1 in this area

    92 Total Sales

    Laith Alkhafaji
    Section Image
  • Sam Hazime

    Buyer's Agent in 2022

    Sam Hazime

    Pro, REALTORS®

    (313) 777-2222

    1 in this area

    8 Total Sales

    Sam Hazime
    Section Image
  • Hussein Hazime

    Buyer's Agent in 2022

    Hussein Hazime

    XPI Realty

    (313) 930-5555

    1 in this area

    12 Total Sales

    Hussein Hazime
    Section Image

  • S

    Seller's Agent in 2019

    Sandy Cardinal

    Berkshire Hathaway HomeServices Kee Realty Browns

    (313) 460-7021

    28 Total Sales

    Sandy Cardinal
    Section Image
  • Moussa Sobh

    Buyer's Agent in 2019

    Moussa Sobh

    Empire Realty Group

    (313) 443-8400

    5 in this area

    175 Total Sales

    Moussa Sobh
    Section Image
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Map

Source: Realcomp

MLS Number: 2220018473

Realcomp

APN: 32-10-064-22-022

Michigan Wayne County Dearborn 48126 Oakman Grove

7351 Middlesex 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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