The lot is zoned RA One-Family Dwelling and is buildable for a single-family dwelling with up to 3,125sf of finished floor area. Please note two things: 1. The property may have private deed restrictions and there is a (private) neighborhood association. A contact person is John Cusick, 248-423-6672. the agent does not know if the neighborhood association will approve the site plan or not. 2. Telegraph Road is a state highway. A permit for a curb cut will need to be obtained from MDOT.
Property Details
Property Features
Listing Office:
Office Name: Network Realty LLC
Office Phone: (313) 384-0191
Listing Agent: Ali Almuna
Lot Features
Lot Information:
Lot Size: 0.14 Acres
School Info
Assigned Schools Information:
Dearborn High School, Public District Grades 9-12
Bryant Middle School, Public District Grades 6-8
Charles A. Lindbergh Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: east of telegraph rd north of michigan ave
Price Information
Listing Price Info
Price Summary:
List Price: $26,900
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Dearborn, MI.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$202
Per Month
Principal & Interest
$135
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$147
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
9
/10
Charles A. Lindbergh Elementary School
500 N Waverly St
Distance between this listing and this school0.06 miles
Public District Grades PK-5
Middle School
8
/10
Bryant Middle School
460 N Vernon St
Distance between this listing and this school0.20 miles
Public District Grades 6-8
High School
7
/10
Dearborn High School
19501 Outer Dr
Distance between this listing and this school0.66 miles
Public District Grades 9-12
Assigned Schools
9
/10
Charles A. Lindbergh Elementary School
500 N Waverly St
Distance between this listing and this school0.06 miles
Public District Grades PK-5
Nearby Schools
8
/10
Haigh Elementary School
601 N Silvery Ln
Distance between this listing and this school0.55 miles
Public District Grades PK-5
9
/10
Howard Elementary School
1611 N York St
Distance between this listing and this school0.62 miles
Public District Grades PK-5
Assigned Schools
8
/10
Bryant Middle School
460 N Vernon St
Distance between this listing and this school0.20 miles
Public District Grades 6-8
Nearby Schools
7
/10
Smith Middle School
23851 Yale St
Distance between this listing and this school1.89 miles
Public District Grades 6-8
4
/10
The Dearborn Academy
19310 Ford Rd
Distance between this listing and this school2.06 miles
Public Charter Grades PK-8
Assigned Schools
7
/10
Dearborn High School
19501 Outer Dr
Distance between this listing and this school0.66 miles
Public District Grades 9-12
Nearby Schools
6
/10
Crestwood High School
1501 N Beech Daly Rd
Distance between this listing and this school1.24 miles
Public Magnet Grades 9-12
6
/10
Star International Academy
24425 Hass St
Distance between this listing and this school1.29 miles
The neighbors living near this home have an average income of $110,417. Most Dearborn, MI residents have annual incomes between $100k-200k. The majority of families are married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 505 Telegraph Rd
What is the listing price of this property?
The listing price of 505 Telegraph Rd property is $26,900.
What type of property is this?
The property 505 Telegraph Rd is land located in Dearborn, Michigan, 48124.
Is this property for sale now?
Active Listing: 505 Telegraph Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 505 Telegraph Rd are: Charles A. Lindbergh Elementary School: GreatSchools Rating 9/10Bryant Middle School: GreatSchools Rating 8/10Dearborn High School: GreatSchools Rating 7/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 505 Telegraph Rd in Dearborn, MI and zip code 48124 in the Highland neighborhood. This home sits on a 0.14 acre lot. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $26,900.
In March 2024, from all listings sold in Dearborn, MI there were more than 26 sold above asking price, over 19 sold below and more than 5 were sold right at the asked price. The number of homes for sale in Dearborn, MI increased by 7.4% between February 2024 and March 2024. In March 2024 median list price was $242,000 and the average listing age was 15 days.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Hiking/backpacking
Hiking/backpacking
Symphony or Opera
Tennis
Nordstrom Rack
Chico's
IKEA
Chipotle
Boston Market
Chick-fil-A
Mazda
Volvo
Jeep
Rock
Talk/Personality
Alternative