Sold
5500 CHEROKEE Street, Dearborn Heights, MI 48125
Sold on 04/30/2024 for$143,000
MLS # 20240022518 (Realcomp)
3 beds2 baths1,878 sqftBuilt 19560.12 acres
1 / 18
Listing Description
GOOD NEWS!! You just found 5500 Cherokee Rd. a home with TONS OF POTENTIAL!! This ranch, is looking for its new owner who will put in some old fashion sweat equity to return this diamond in the rough back to its former glory!! With hardwood floors throughout that are just waiting to shine once again to the spacious kitchen ready for your cosmetic touches, this property is ready for YOU! Don't miss the finished basement with an old school dry bar, half bath, & bonus room that are still in great shape. Outside you'll find a concrete patio and 1.5 car garage. Don't sleep on this AMAZING OPPORTUNITY, schedule YOUR Exclusive Private Showing TODAY!!!
Source: SparkMLS
About this home
3-bedroom, 2-bath, 1,878 sq ft home in Dearborn Heights in Dearborn Heights built in 1956.
Closed at $143,000 (about $76/sq ft).
Estimated annual property tax: $2,405, or about $200 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,878 sqft
Lot Size0.12 acres
Year Built1956
Stories1
Location
CityDearborn Heights
MunicipalityDearborn Heights City
Zip Code48125
CountyWayne
School DistrictWestwood
Construction & Systems
ConstructionBrick
Garage1.5 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Finished
Sale & Financing
Listed4/9/2024
Sold Date4/29/2024
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$2,405
Parcel #33043030124000
Source: SparkMLS
Legal Description
32R124 LOT 124 VAN BORN MEADOWS SUB NO. 2 T2S R10E L79 P7 WCR
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Damian Volante
3Sixty5 Realty
Frequently Asked Questions about 5500 CHEROKEE Street, Dearborn Heights, MI 48125
Which school district serves 5500 CHEROKEE Street, Dearborn Heights, MI 48125?
Per MLS# 20240022518, 5500 CHEROKEE Street, Dearborn Heights, MI 48125 is in the Westwood boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Westwood directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20240022518, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 5500 CHEROKEE Street, Dearborn Heights, MI 48125?
Per public tax records, annual property taxes for this property are $2,405. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 5500 CHEROKEE Street, Dearborn Heights, MI 48125 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 5500 CHEROKEE Street, Dearborn Heights, MI 48125 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 5500 CHEROKEE Street, Dearborn Heights, MI 48125. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 5500 CHEROKEE Street, Dearborn Heights, MI 48125?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Mortgage Calculator
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Monthly payment$811
Principal & interest$811
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableGSO SatelliteSatelliteLicensed Fixed WirelessDSL
9 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5500 CHEROKEE Street, Dearborn Heights, MI 48125
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Municipality
Dearborn Heights
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County
Wayne County
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