NOT LISTED FOR SALE

7740 Ternes St Dearborn, MI 48126

Oakman Grove Neighborhood

Estimated Value: $418,000 - $686,000

5 Beds
4 Baths
2,986 Sq Ft
$197/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $500,000 $167 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,924/month

1 Day on Market

Highlights

  • 0.18 Acre Lot
  • Colonial Architecture
  • 2 Car Attached Garage
  • Dearborn High School Rated 9+
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of September 2021

LOOK NO FURTHER! ALMOST 3000 SQFT OF LUXURY CUSTOM BUILT NEWER CONSTRUCTION COLONIAL! BUILT IN 1991. 5 LARGE BEDROOMS, 4 FULL BATHROOMS! SPACIOUS LIVING ROOM, TOP OF THE LINE KITCHENS WITH CUSTOM CABINETS AND COUNTER-TOPS! NEWER PAINT, NEWER LIGHT FIXTURES, AND A 2 CAR ATTACHED GARAGE! APPLIANCES ARE NOT INLUDED IN THIS SALE BUT NEGOTIABLE. THE LIST GOES ON! MOVE IN READY! SELLER TO PROVIDE CERTIFICATE OF OCCUPANCY! SELLER REQUESTS UP TO 6 MONTHS OCCUPANCY. ALL DATA IS APPROXIMATE. BUYERS AGENT TO VERIFY ALL INFORMATION.

Last Agent to Sell the Property

Bill Hamie

RE/MAX Team 2000 License #6502354085 Listed on: 08/12/2021

RE/MAX Team 2000

Last Buyer's Agent

Bill Hamie

RE/MAX Team 2000 License #6502354085 Listed on: 08/12/2021

RE/MAX Team 2000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1991

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 70.00x114.00

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,986 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Oakman Warren Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32821006317033

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,103

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1991
  • State Equalized Value: 158600.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Finished
  • Total Sq Ft: 2986

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

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)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.18
  • Lot Dimensions: 70.00X114.00
  • Parcel Number: 32821006317033

Tax Info

  • Tax Amount Summer: 5294.0000
  • Tax Amount Winter: 809.0000
  • Total Tax: 6103.0000
  • Taxable Value: 96712.0000

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 30, 2021
Sold by
Elchkar Mai
Bought by
Alobaid Feras
Seller's Agent
Bill Hamie
RE/MAX Team 2000
Buyer's Agent
Bill Hamie
RE/MAX Team 2000
List Price
$489,900
Sold Price
$500,000
Premium/Discount to List
$10,100
2.06%
Current Estimated Value
$589,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,668
Avg. Annual Appreciation
4.02%
Original Mortgage
$400,000
Outstanding Balance
$363,970
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$225,698

Purchase Details

Closed on
Jul 24, 2019
Sold by
El Achkar Alaa
Bought by
Elchkar Mai

Purchase Details

Closed on
Dec 13, 2011
Sold by
Muhsin Omar A
Bought by
El Achkar Alaa

Purchase Details

Closed on
Oct 25, 2011
Sold by
Najdi Salim
Bought by
Muhsin Omar and Muhsin Omar Abdel

Purchase Details

Closed on
Dec 14, 2007
Sold by
Najd Salim
Bought by
El Achkar Jihad

Purchase Details

Closed on
Jul 19, 2006
Sold by
Mortgage Electronic Registration Systems
Bought by
Bank Of New York and Holders Of Cwabs Inc Asset Backed Certif

Purchase Details

Closed on
Jul 12, 2006
Sold by
Mehanna Mehanna H H and Mehanna Chadia
Bought by
Mortgage Electronic Registration Systems
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
Alobaid Feras $500,000 None Listed On Document
Elchkar Mai -- None Available
El Achkar Alaa $35,000 None Available
Muhsin Omar $133,000 Title One Inc
Najdi Salim -- Title One Inc
El Achkar Jihad -- None Available
Bank Of New York -- None Available
Mortgage Electronic Registration Systems $239,239 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alobaid Feras $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $500,000 +2.1% $167 / Sq Ft
08/14/2021 08/14/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $489,900 -- $164 / 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 $10,021 $227,500 $0 $0
2024 $9,429 $258,200 $0 $0
2023 $8,922 $213,200 $0 $0
2022 $10,040 $195,300 $0 $0
2021 $6,166 $181,600 $0 $0
2019 $6,104 $158,600 $0 $0
2018 $5,170 $138,100 $0 $0
2017 $1,483 $128,300 $0 $0
2016 $4,837 $122,400 $0 $0
2015 $9,141 $100,300 $0 $0
2013 $8,855 $88,550 $0 $0
2011 -- $91,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Hamie

    Seller's Agent in 2021

    Bill Hamie

    RE/MAX

    (313) 632-0333

    3 in this area

    102 Total Sales

    Bill Hamie
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Map

Source: Realcomp

MLS Number: 2210066702

Realcomp

APN: 32-10-063-17-033

Michigan Wayne County Dearborn 48126 Oakman Grove

7740 Ternes St, Dearborn, MI

Not Listed for Sale

Detached

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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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