NOT LISTED FOR SALE

7560 E Morrow Cir Dearborn, MI 48126

Aviation Neighborhood

Estimated Value: $280,000 - $320,000

4 Beds
2.5 Baths
1,630 Sq Ft
$183/Sq Ft Est. Value

Last Sold January 08, 2024

Last sale price $240,000 $147 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,108/month

50 Days on Market

About This Home

As of January 2024

Super Clean & Well Maintained Income In Great Aviation Sub. A Corner Home With Lots Of Updates. Very Close To Schools & Transportation. It Features 2 Bedrooms Up & 2 Down With Living & Dining. Partially Finished Basement Separate Furnaces ,Elec Water Tanks Two Car Garage.
**Accepting offers until the open house has taken place on Saturday, July 22nd from 1:00 P.M. - 3:00 P.M.**

Last Agent to Sell the Property

Moe Aldhulaimi

Real Estate One-Dbn Hts/Dbn License #6501349008 Listed on: 09/22/2023

Real Estate One-Dbn Hts/Dbn

Last Buyer's Agent

Moe Aldhulaimi

Real Estate One-Dbn Hts/Dbn License #6501349008 Listed on: 09/22/2023

Real Estate One-Dbn Hts/Dbn

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1941

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 120.00

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,630 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Oakman Aviation Field No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32821005429001
  • $5,000 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,965

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 3.00
  • Year Built: 1941
  • State Equalized Value: 88700.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 1630

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 2

Utilities

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

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00 x 120.00
  • Parcel Number: 32821005429001
  • Zoning: Residential
  • Percent Homestead Exempt: Yes

Rental Info

  • Deposit Amount: 200000.00
  • Monthly Rental Income: 2400

Tax Info

  • Tax Amount Summer: 2574.0000
  • Tax Amount Winter: 391.0000
  • Total Tax: 2965.0000
  • Taxable Value: 48960.0000

Multi Family

  • Gross Scheduled Income: 28800.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Jan 8, 2024
Sold by
Alrayyashi Majed Ali
Bought by
Aljabali Mohammed Mohammed and Aljabali Kefaih Ahmed
Seller's Agent
Moe Aldhulaimi
Real Estate One-Dbn Hts/Dbn
Buyer's Agent
Moe Aldhulaimi
Real Estate One-Dbn Hts/Dbn
List Price
$289,900
Sold Price
$240,000
Premium/Discount to List
-$49,900
-17.21%
Views
169
Current Estimated Value
$297,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,755
Avg. Annual Appreciation
11.89%
Original Mortgage
$235,653
Outstanding Balance
$231,591
Interest Rate
7.03%
Mortgage Type
FHA
Estimated Equity
$66,164

Purchase Details

Closed on
Dec 28, 2012
Sold by
Al Altair Asem and Al Dubailey Arafat
Bought by
Alrayyashi Majed Ali

Purchase Details

Closed on
Mar 15, 2011
Sold by
Alrayyashi Ali and Alrayyashi Dahaba
Bought by
Altair Asem Mused

Purchase Details

Closed on
May 30, 2007
Sold by
Hud
Bought by
Alrayyashi Ali

Purchase Details

Closed on
Jul 20, 2006
Sold by
Abn Amro Mortgage Group Inc
Bought by
Hud

Purchase Details

Closed on
Oct 26, 2005
Sold by
Mohammed Talal
Bought by
Abn Amro Mortgage Group Inc
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
Aljabali Mohammed Mohammed $240,000 Capital Title
Aljabali Mohammed Mohammed $240,000 Capital Title
Alrayyashi Majed Ali $40,000 None Available
Altair Asem Mused $39,000 Title Connect Llc
Alrayyashi Ali $141,100 None Available
Hud -- None Available
Abn Amro Mortgage Group Inc $176,038 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aljabali Mohammed Mohammed $235,653
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2024 01/08/24 Sold $240,000 -3.6% $147 / Sq Ft
11/11/2023 11/11/23 Pending -- -- --
11/09/2023 11/09/23 Price Changed $249,000 -12.3% $153 / Sq Ft
10/30/2023 10/30/23 Price Changed $284,000 -2.0% $174 / Sq Ft
09/22/2023 09/22/23 For Sale $289,900 -- $178 / 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 $6,576 $127,900 $0 $0
2024 $2,846 $112,200 $0 $0
2023 $2,598 $108,600 $0 $0
2022 $2,962 $88,700 $0 $0
2021 $3,208 $83,400 $0 $0
2019 $3,169 $68,100 $0 $0
2018 $2,723 $63,800 $0 $0
2017 $703 $56,200 $0 $0
2011 -- $47,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Moe Aldhulaimi

    Seller's Agent in 2024

    Moe Aldhulaimi

    Real Estate One

    (313) 523-7776

    12 in this area

    158 Total Sales

    Moe Aldhulaimi
    Section Image
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Map

Source: Realcomp

MLS Number: 20230081112

Realcomp

APN: 32-10-054-29-001

Michigan Wayne County Dearborn 48126 Aviation

7560 E Morrow Cir, 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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