new - 6 days on rocket

724 S Military St, Dearborn, MI, 48124

$94,000

Home List Price

$1,116*

Closing Credit

2 Bedrooms
1 Full Bath
890 SqFt
$106/SqFt
Condo

Location

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724 S Military St, Dearborn$94,000

Buyer Closing Credits

$1,116*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned1Space, NoGarage
Year Built1948
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #20240093875
StatusActive

About 724 S Military St

A RARE Find! This is a delightful first floor 2 bedroom co-op unit located in a great area of Downtown W Dearborn. Walk to many wonderful things W Dearborn has to offer such as the Library, Ford Field Park, Shopping and a large assortment of restaurants. REQUIREMENTS: AGES 55 +, CASH ONLY, OWNER OCCUPIED - No Rentals. This unit offers light filled living space featuring east and west exposures, neutral decor throughout and the cheerful kitchen which includes stove, refrigerator, dishwasher, microwave. Nice size living room is easy to love! Likely hardwood floors are under the carpeting. Front and back entrancesThis unit is assigned 1/4 of the basement for laundry, storage, your own washer & dryer as well as your Furnace and Hot Water Heater. The A/C unit is the one to the left next to the back porch. There is locked storage space there too. Seller is providing the Certificate of Occupancy at closing. Assigned parking space #3 comes with this unit. Buyer is responsible for co-op closing fee and co-op cash at closing. Buyer is required to have a meeting with board members to go over rules and procedures prior to closing The monthly $425 association fee includes TAXES AND WATER. Information is deemed reliable, not guaranteed

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1948
  • Living Area: 890 SqFt

Listing Office:

  • Office Name: Century 21 Curran & Oberski
  • Office Phone: (313) 274-1700
  • Listing Agent: Barbara Jones

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Microwave, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: GroundsMaintenance, Lighting

Parking Information:

  • Attached Garage: No
  • Parking: Assigned1Space, NoGarage

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Michigan Ave to N on Military. Dearborn Valley Co-Op is located on the N W Corner of Military and Morley streets. This unit faces Military Street and is in the building next to the driveway to resident parking

Price Information

Listing Price Info

Price Summary:

  • List Price: $94,000
  • Price Per SqFt: $106/SqFt

HOA Fees:

  • Amount: $445
  • Frequency: Monthly
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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

$144

Avg. Days On Market

19

# of Sold Homes

57

724 S Military St vs Dearborn

6 DAYS ON ROCKET

-13 Days

$94,000

-$166K Less

$106/SqFt

-$38 Less

KEY TAKEAWAY

This property is $166K less than the Median Sold Price and $38/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: #20240093875

Listing Office:

  • Office Name: Century 21 Curran & Oberski
  • Office Phone: (313) 274-1700
  • Listing Agent: Barbara Jones

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 © 2025 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: 1/2/2025, 10:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$982

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$348

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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-94589
7
/10

  • Duvall Elementary School

  • 22561 Beech St

  • 0.49 miles

  • Public District Grades PK-5

school-card-donut-94590
6
/10

  • Charles A. Lindbergh Elementary School

  • 500 N Waverly St

  • 1.05 miles

  • Public District Grades PK-5

school-card-donut-94591
8
/10

  • Howard Elementary School

  • 1611 N York St

  • 1.25 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,321. Typical income of Dearborn, MI residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 724 S Military St

What is the listing price of this property?

The listing price of 724 S Military St property is $94,000.

What type of property is this?

The property 724 S Military St is a condo located in Dearborn, Michigan, 48124.

Is this property for sale now?

Active Listing: 724 S Military St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 724 S Military St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 724 S Military St is 890 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 724 S Military St is 1948.

Rocket Homes›Michigan›Wayne County›Dearborn›48124›724 S Military St

This home is located at 724 S Military St in Dearborn, MI and zip code 48124 in the Morley neighborhood. This 890 square foot home was built in 1948. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 27, 2024 and is currently priced at $94,000.

Dearborn, MI housing market in December 2024 saw over 23 listings sold above listed price, more than 8 sold at listed price and over 26 sold below. In December 2024 in Dearborn, MI there were 9.2% less homes for sale than in November 2024. In December 2024, listings were on the market for 19 days. During the same period, the median list price in this real estate market was $260,000.

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

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