1 year on rocket

7940 Middlepointe St, Dearborn, MI, 48126

$340,000

Home List Price

$4,038*

Closing Credit

3 Full Baths
3,052 SqFt
$111/SqFt
Multi

Location

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7940 Middlepointe St, Dearborn$340,000

Buyer Closing Credits

$4,038*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved
Year Built1942
HeatingNatural Gas, Forced Air
BasementYes
MLS #20230088378
Lot Size0.22 Acres
StatusActive

About 7940 Middlepointe St

This multi-family home located in Dearborn's historic Aviation Subdivision and is a promising investment opportunity. Key highlights include: Location: The property is situated in Dearborn's historic Aviation Subdivision. Great Location in the Historic District. Investment Potential: The property can be used for rental units, making it a viable option for real estate investment. Multi-family homes can provide a steady rental income, and this property appears to be in good condition, which is a plus for any investor. Well-Maintained: The fact that the owner has maintained the property well, including solid brick siding and a newer roof, suggests that it may not require immediate, costly renovations or repairs. This is a valuable consideration for potential buyers or investors. Spacious Rooms: The property offers spacious rooms with hardwood floors throughout, which is an attractive feature for renters or buyers looking for comfortable living spaces. Fenced Backyard: The fenced and gated backyard is a bonus for security, privacy, and outdoor activities like barbecues. Convenient Location: Being in the Dearborn School District, close to parks and shopping, adds to the property's appeal. Families with children may find the school district a significant advantage, and the proximity to amenities is a practical benefit. Appraisal: The recent appraisal being above the asking price indicates that the property is potentially undervalued or in high demand. This can be seen as a positive sign for potential investors or buyers. 24 hours notice for all showing requests.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1942
  • Stories: 2
  • Living Area: 3,052 SqFt

Listing Office:

  • Office Name: Real Estate One-Milford
  • Office Phone: (248) 684-1065
  • Listing Agent: J P Rue

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: 100 Amp Service, Cable Available

Bedroom and Bathroom Information:

  • Full Bathrooms: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Awning/Overhang(s)

Parking Information:

  • Parking: Paved

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: North on Wyoming. Left on Tireman. Left on Middlepoint.

Price Information

Listing Price Info

Price Summary:

  • List Price: $340,000
  • Price Per SqFt: $111/SqFt
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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

7940 Middlepointe St vs Dearborn

384 DAYS ON ROCKET

+367 Days

$340,000

+$80K More

$111/SqFt

-$83 Less

KEY TAKEAWAY

This property is $80K more than the Median Sold Price and $83/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: #20230088378

Listing Office:

  • Office Name: Real Estate One-Milford
  • Office Phone: (248) 684-1065
  • Listing Agent: J P Rue

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: 11/5/2024, 9:20:52 AM 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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7.5% / 6.68%

Total Monthly Payment

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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-2005314
5
/10

  • McDonald Elementary School

  • 10151 Diversey St

  • 0.26 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2005315
3
/10

  • Unis Middle School

  • 7801 Maple St

  • 0.90 miles

  • Public District Grades 6-8

High School

school-card-donut-2005316
6
/10

  • Fordson High School

  • 13800 Ford Rd

  • 1.65 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 $38,214. The majority of Dearborn, MI residents have income less than $35k annually. The majority of families are married, with kids. 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›7940 Middlepointe St

This home is located at 7940 Middlepointe St in Dearborn, MI and zip code 48126 in the Aviation neighborhood. This 3,052 square foot home, which was built in 1942, sits on a 0.22 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since October 17, 2023 and is currently priced at $340,000.

Dearborn, MI housing market in October 2024 saw over 35 listings sold above listed price, more than 15 sold at listed price and over 26 sold below. The number of homes for sale in Dearborn, MI increased by 6.8% between September 2024 and October 2024. 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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