NOT LISTED FOR SALE

7720 Appoline St Dearborn, MI 48126

Aviation Neighborhood

Estimated Value: $282,000 - $380,000

4 Beds
2 Baths
2,269 Sq Ft
$142/Sq Ft Est. Value

Last Sold October 23, 2015

Last sale price $117,050 $52 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $2,043/month

43 Days on Market

About This Home

As of October 2015

THIS IS A WONDERFUL OPPORTUNITY TO GET IN ON A GREAT INCOME PROPERTY IN A PRIME LOCATION IN DEARBORN! 2 UNIT BRICK BUILDING WITH 1.5 CAR GARAGE. YOU CAN LIVE IN ONE OF THE UNITS AND RENT THE OTHER OR RENT BOTH UNITS FOR A GREAT CASH FLOW. THE NEIGHBORHOOD IS QUIET AND VERY FAMILY FRIENDLY. EACH UNIT HAS 2 BEDROOMS, FORMAL DINNING ROOM, LARGE LIVING ROOM AND A SPACIOUS KITCHEN. UNITS ARE CURRENTLY OCCUPIED WITH LONGER TERM TENANTS (MONTH TO MONTH LEASES). THE INTERIOR PHOTOS WERE TAKEN WHEN IT WAS UNOCCUPIED. ALL UTILITIES ARE SEPARATE, SO EACH UNIT PAYS ALL THEIR OWN UTILITIES. THE INTERIOR HAS BEEN UPDATED, BUT KEPT A LOT OF THE CHARM THAT THIS HOME DESERVES (GLASS DOOR KNOBS, DECORATIVE GLASS AND MOLDINGS).

Last Agent to Sell the Property

Gregory Young

Springview Realty License #MISPE-6502337594 Listed on: 07/16/2015

Last Buyer's Agent

Gregory Young

Springview Realty License #MISPE-6502337594 Listed on: 07/16/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 120

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Radiant Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 32821005319005

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Originating MLS: MI Real Source
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Exterior Features

  • Construction: Brick
  • Exterior Features: Porch, Exterior Balcony
  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Heating System: Radiant
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 32821005319005
  • Lot Dimensions: 40 x 120
  • Acreage: 0.11
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $3,024.00
  • Winter Tax: Amount: $372.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Dearborn City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2015
Closed on
Dec 11, 2015
Sold by
Jal Holdings Llc
Bought by
Jal Holdings Llc
Seller's Agent
Gregory Young
Springview Realty
Buyer's Agent
Gregory Young
Springview Realty
List Price
$129,000
Sold Price
$117,050
Premium/Discount to List
-$11,950
-9.26%
Current Estimated Value
$321,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,948
Avg. Annual Appreciation
10.43%

Purchase Details

Listed on
Jul 16, 2015
Closed on
Oct 23, 2015
Sold by
Pebley Rentals Llc
Bought by
Jal Holdings Llc
Seller's Agent
Gregory Young
Springview Realty
Buyer's Agent
Gregory Young
Springview Realty
List Price
$129,000
Sold Price
$117,050
Premium/Discount to List
-$11,950
-9.26%

Purchase Details

Closed on
Jun 30, 2004
Sold by
Pebley Kirk and Pebley Kristen
Bought by
Pebley Rentals Llc
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
Jal Holdings Llc -- None Available
Jal Holdings Llc $117,050 None Available
Pebley Rentals Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2015 10/23/15 Sold $117,050 -9.3% $52 / Sq Ft
08/28/2015 08/28/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $129,000 -- $57 / Sq Ft
Source: Michigan Multiple Listing Service

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 $4,272 $150,500 $0 $0
2024 $4,301 $118,000 $0 $0
2023 $3,825 $112,100 $0 $0
2022 $4,403 $92,200 $0 $0
2021 $4,820 $86,800 $0 $0
2019 $4,450 $70,100 $0 $0
2018 $3,864 $64,100 $0 $0
2017 $909 $56,500 $0 $0
2016 $3,654 $56,800 $0 $0
2015 $4,697 $51,550 $0 $0
2013 $4,550 $45,500 $0 $0
2011 -- $51,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Gregory Young

    Springview Realty

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31253283

Michigan Multiple Listing Service

APN: 32-10-053-19-005

Michigan Wayne County Dearborn 48126 Aviation

7720 Appoline St, Dearborn, MI

Not Listed for Sale

MultiFamily

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Michigan Multiple Listing Service Source MLS: MiRealSource
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