13 days on rocket

Sale Pending

5101 Reuter St, Dearborn, MI, 48126

$174,900

Home List Price

$2,077*

Closing Credit

2 Full Baths
1,728 SqFt
$101/SqFt
Multi
Schools Nearby

Location

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5101 Reuter St, Dearborn$174,900

Buyer Closing Credits

$2,077*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingGarages
Year Built1915
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #20240024564
Lot Size0.13 Acres
StatusSale Pending
(Pending)

About 5101 Reuter St

***All offers are due: Monday, April 22, 2024 at 12:00Noon*** Great investment opportunity in this Dearborn multifamily home with two spacious units and a big backyard. Entry level unit features a large central dining room, three bedrooms and a full bath down the hallway. Upper unit with a large kitchen, balcony, four bedrooms and a full bath. Shared basement with laundry and ample storage space. Big fenced backyard with a detached two and a half car garage. Welcome Home!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Duplex
  • Year Built: 1915
  • Stories: 2
  • Living Area: 1,728 SqFt

Listing Office:

  • Office Name: Good Company
  • Office Phone: (248) 733-5811
  • Listing Agent: Jim Shaffer

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Garages

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Fordson High School, Public District Grades 9-12
  • Woodworth Middle School, Public District Grades 6-8
  • Miller Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: North of Michigan Ave. & East of Schaeffer Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $174,900
  • Price Per SqFt: $101/SqFt

Tax Information:

  • Annual Amount: $2,704
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Dearborn, MI.

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Dearborn, MI

City

Med. Sold Price

$246.9K

Med. Price/SqFt

$181

Avg. Days On Market

16

# of Sold Homes

74

5101 Reuter St vs Dearborn

13 DAYS ON ROCKET

-3 Days

$174,900

-$72K Less

$101/SqFt

-$81 Less

KEY TAKEAWAY

This property is $72K less than the Median Sold Price and $81/SqFt less than other homes in Dearborn, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240024564

Listing Office:

  • Office Name: Good Company
  • Office Phone: (248) 733-5811
  • Listing Agent: Jim Shaffer

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 8:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,704$67,600
2020$2,662$64,100
2018$2,662$48,100
2017$2,603$45,550

History based on county public records data.

Payment Calculator

$940

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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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

school-card-donut-4362099
6
/10

  • Miller Elementary School

  • 4824 Lois St

  • 0.13 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4362100
5
/10

  • Woodworth Middle School

  • 4951 Ternes St

  • 0.84 miles

  • Public District Grades 6-8

High School

school-card-donut-4362101
5
/10

  • Fordson High School

  • 13800 Ford Rd

  • 0.53 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,250. Most Dearborn, MI residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Dearborn›48126›5101 Reuter St

This home is located at 5101 Reuter St in Dearborn, MI and zip code 48126 in the Eastborn neighborhood. This 1,728 square foot home, which was built in 1915, sits on a 0.13 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $174,900.

In April 2024 more than 40 listings in Dearborn, MI were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 24 were sold below. Between March 2024 and April 2024, Dearborn, MI real estate market has seen increase in the number of listings by 9.7%. The median list price of listings available in April 2024 was $246,916, while the average time on the real estate market was 16 days.

From Rocket Homes Real Estate and based on county public records data.

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