Sold
7241 PAYNE Avenue, Dearborn, MI 48126
Sold on 06/27/2024 for$190,000
MLS # 20240035141 (Realcomp)
3 beds2 baths1,870 sqftBuilt 19430.09 acres
1 / 26
Listing Description
Welcome HOME!! Here is your chance to own this recently updated & Ready-To-Move-In Bungalow in Dearborn! All Big expenses recently done- Paint, Newly carpet thru-out-freshly painted- new bathroom floor, Newer Roof (2020), Furnace(2021), Hot Water tank (2014). Home opens up into large Living Room and big windows for tons of natural light. Kitchen with custom counter top, Glass Backsplash! Two great-sized bedrooms on the main level with big windows for plenty of natural light. Full bathroom on main floor with bath tub & tiled walls. Upstairs there is one large spacious bedrooms and a big closet space! Beautiful front yard with covered porch for great curb appeal to enjoy outdoors. Private, Fenced & Peaceful backyard for entertainment, BBQ's and parties with Friends & Family; 2 car garage. Home has been recently INSPECTED & Passed by City of Dearborn!
Source: SparkMLS
About this home
3-bedroom, 2-bath, 1,870 sq ft home in Dearborn in Dearborn built in 1943.
Final sale price: $190,000 (about $102/sq ft).
Property tax estimate: $2,593 per year ($216/month). 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 10 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,870 sqft
Lot Size0.09 acres
Year Built1943
Stories2
Location
CityDearborn
MunicipalityDearborn City
Zip Code48126
CountyWayne
School DistrictDearborn
Construction & Systems
ConstructionAluminum Siding
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Finished
Sale & Financing
Listed6/12/2024
Sold Date6/26/2024
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$2,593
Parcel #32821006332016
Source: SparkMLS
Legal Description
LOT 30 & 1/2 of the vacated alley to the rear thereof, WARREN VINEYARDS SUB
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Mrinal Sharma
KW Professionals
Frequently Asked Questions about 7241 PAYNE Avenue, Dearborn, MI 48126
Which school district serves 7241 PAYNE Avenue, Dearborn, MI 48126?
Per MLS# 20240035141, 7241 PAYNE Avenue, Dearborn, MI 48126 is in the Dearborn boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Dearborn directly to confirm enrollment eligibility.
What financing options are available for 7241 PAYNE Avenue, Dearborn, MI 48126?
Per MLS# 20240035141, 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 7241 PAYNE Avenue, Dearborn, MI 48126?
Per public tax records, annual property taxes for this property are $2,593. 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, 7241 PAYNE Avenue, Dearborn, MI 48126 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 7241 PAYNE Avenue, Dearborn, MI 48126 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 7241 PAYNE Avenue, Dearborn, MI 48126. The maximum advertised download speed is 5.0 Gbps. 10 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 7241 PAYNE Avenue, Dearborn, MI 48126?
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$1,232
Principal & interest$1,232
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteDSLSatellite
10 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
7241 PAYNE Avenue, Dearborn, MI 48126
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Municipality
Dearborn
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County
Wayne County
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