This property is $225K less than the Median Sold Price in Dearborn, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240048400
Listing Office:
Office Name: Keller Williams Legacy
Office Phone: (313) 752-0000
Listing Agent: Hiba Saad
Disclaimer: 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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$242
Per Month
Principal & Interest
$175
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
$171
Powered By
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
5
/10
Oakman Elementary School
7545 Chase Rd
Distance between this listing and this school0.19 miles
Public District Grades PK-5
Middle School
3
/10
Unis Middle School
7801 Maple St
Distance between this listing and this school0.62 miles
Public District Grades 6-8
High School
6
/10
Dearborn High School
19501 Outer Dr
Distance between this listing and this school4.51 miles
Public District Grades 9-12
Assigned Schools
5
/10
Oakman Elementary School
7545 Chase Rd
Distance between this listing and this school0.19 miles
Public District Grades PK-5
Nearby Schools
5
/10
Maples Elementary School
6801 Mead St
Distance between this listing and this school0.31 miles
Public District Grades PK-5
3
/10
McCollough Elementary School
7801 Maple St
Distance between this listing and this school0.62 miles
Public District Grades PK-5
Assigned Schools
3
/10
Unis Middle School
7801 Maple St
Distance between this listing and this school0.62 miles
Public District Grades 6-8
Nearby Schools
5
/10
Lowrey Middle School
6601 Jonathon St
Distance between this listing and this school0.88 miles
Public District Grades 6-8
2
/10
Detroit Premier Academy
7781 Asbury Park
Distance between this listing and this school0.93 miles
Public Charter Grades KG-8
Assigned Schools
6
/10
Dearborn High School
19501 Outer Dr
Distance between this listing and this school4.51 miles
Public District Grades 9-12
Nearby Schools
3
/10
Riverside Academy - West Campus
6409 Schaefer Rd
Distance between this listing and this school0.81 miles
Public Charter Grades 6-12
6
/10
Fordson High School
13800 Ford Rd
Distance between this listing and this school1.13 miles
The neighbors living near this home have an average income of $28,537. Typical income of Dearborn, MI residents is less than $35k annually. The majority of families are married, with kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7309 Ternes St
What is the listing price of this property?
The listing price of 7309 Ternes St property is $35,000.
What type of property is this?
The property 7309 Ternes St is land located in Dearborn, Michigan, 48126.
Is this property for sale now?
Active Listing: 7309 Ternes St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 7309 Ternes St are: Oakman Elementary School: GreatSchools Rating 5/10Unis Middle School: GreatSchools Rating 3/10Dearborn High School: GreatSchools Rating 6/10
When was this property sold last time and for how much?
The last sale was on January 9, 2014 for $30,000. (source: MLS/tax record).
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, AI voice, 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 7309 Ternes St in Dearborn, MI and zip code 48126 in the Oakman Grove neighborhood. This home sits on a 0.09 acre lot. It has been listed on Rocket Homes since July 10, 2024 and is currently priced at $35,000.
While more than 35 listings in Dearborn, MI in October 2024 were sold above asking price, there were more than 15 listings sold at asking price, and 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, listings were on the market for 17 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.
Disclaimer: 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. 
Mexican League Soccer
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Ross Dress For Less
Burlington
Foot Locker
Jack In The Box
White Castle
Little Caesars
Nissan
Kia
Dodge
Rhythmic Contemporary Hits
Urban Adult Contemporary