4 months on rocket

4962 Ternes St, Dearborn, MI, 48126

$249,999

Home List Price

$2,969*

Closing Credit

3 Bedrooms
2 Full Baths
1,260 SqFt
$198/SqFt
House

Location

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4962 Ternes St, Dearborn$249,999

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1926
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #20240049003
Lot Size0.10 Acres
StatusActive

About 4962 Ternes St

Amazing location on this 3 bedrooms bungalow (4th in basement). Second full bath in finished basement basement. Seller to provide CofO from city of Dearborn. List of updates: new basement 2016, new laminate flooring 2021, new HWT 2022, new roof 2023, new furnace and AC 2023, new engineered wood flooring 2023. Basement was water proofed. all measurements approximate, buyer and his agents to verify all measurements and info.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1926
  • Stories: 1
  • Living Area: 1,260 SqFt

Listing Office:

  • Office Name: RE/MAX Leading Edge
  • Office Phone: (313) 277-7777
  • Listing Agent: Wissam Mahfouz

Interior Features

Interior Information:

  • Appliances: Disposal, Gas Range, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: North of Michigan, East of Greenfield

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,999
  • Price Per SqFt: $198/SqFt

Tax Information:

  • Annual Amount: $2,218
  • 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

$260K

Med. Price/SqFt

$193

Avg. Days On Market

17

# of Sold Homes

76

4962 Ternes St vs Dearborn

128 DAYS ON ROCKET

+111 Days

$249,999

-$10K Less

$198/SqFt

+$4 More

KEY TAKEAWAY

This property is $10K less than the Median Sold Price and $4/SqFt more 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: #20240049003

Listing Office:

  • Office Name: RE/MAX Leading Edge
  • Office Phone: (313) 277-7777
  • Listing Agent: Wissam Mahfouz

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: 11/21/2024, 8:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 26, 2012Home Sold
$36,100

Tax History

YEARPROP. TAXASSESSMENT
2021$2,218$54,900
2020$2,185$53,800
2018$2,185$44,500
2017$2,134$43,500

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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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.

Nearby Schools

school-card-donut-421208
4
/10

  • William Ford Elementary School

  • 14749 Alber St

  • 0.52 miles

  • Public District Grades PK-5

school-card-donut-421209
4
/10

  • Geer Park Elementary School

  • 14767 Prospect St

  • 0.58 miles

  • Public District Grades PK-5

school-card-donut-421210
2
/10

  • Academy for Business and Technology Elementary School

  • 5277 Calhoun St

  • 0.67 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,968. The most common annual income of people living in Dearborn, MI is less than $35k. Typical family type is married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4962 Ternes St

What is the listing price of this property?

The listing price of 4962 Ternes St property is $249,999.

What type of property is this?

The property 4962 Ternes St is a house located in Dearborn, Michigan, 48126.

Is this property for sale now?

Active Listing: 4962 Ternes St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,218 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 26, 2012 for $36,100. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4962 Ternes St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 4962 Ternes St is 1,260 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4962 Ternes St is 1926.

Rocket Homes›Michigan›Wayne County›Dearborn›48126›4962 Ternes St

This home is located at 4962 Ternes St in Dearborn, MI and zip code 48126 in the Woodworth neighborhood. This 1,260 square foot home, which was built in 1926, sits on a 0.10 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 16, 2024 and is currently priced at $249,999.

In October 2024 more than 35 listings in Dearborn, MI were sold above the asking price. During the same period more than 15 listings were sold at asking price, while more than 26 were sold below. Between September 2024 and October 2024, Dearborn, MI real estate market has seen increase in the number of listings by 6.8%. In October 2024 median list price was $260,000 and the average listing age was 17 days.

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

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