Sold
7261 Reuter Street, Dearborn, MI 48126
Sold on 06/24/2026 for$515,000
MLS # 20261020388 (Realcomp)
5 beds4 baths3,883 sqftBuilt 19410.11 acres
1 / 47
Listing Description
Experience the perfect blend of style, space, and versatility in this beautifully maintained 5-bedroom, 3.5-bath home at 7261 Reuter St, Dearborn, MI 48126. Offering approximately 2,800 sq ft (not including the finished basement), this residence features an ideal layout for families or investors seeking multi-unit potential.Bright, open-concept living areas are flooded with natural light, leading to a modern chef’s kitchen equipped with high-end appliances. Bedrooms are generously sized with ample closet space. The fully finished basement provides valuable extra living area—perfect for a guest suite, recreation room, or rental opportunity. Outside, a private, well-kept backyard creates a wonderful space for entertaining or relaxing.Located in a desirable Dearborn neighborhood near schools, shopping, and major routes, this rare gem combines comfort, convenience, and strong investment potential. Schedule your private tour today.
Source: SparkMLS
About this home
5-bedroom, 4-bath, 3,883 sq ft home in Dearborn in Dearborn built in 1941.
Final sale price: $515,000 (about $133/sq ft).
Estimated annual property tax: $4,248, or about $354 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.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms5
Bathrooms4
Living Area3,883 sqft
Lot Size0.11 acres
Year Built1941
Stories2
Location
CityDearborn
MunicipalityDearborn City
Zip Code48126
CountyWayne
School DistrictDearborn
Construction & Systems
ConstructionBrick
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Finished
Sale & Financing
Listed3/29/2026
Sold Date6/23/2026
Terms AcceptedCash, Conventional, FHA
Source: SparkMLS
Tax Information
Annual Tax$4,248
Parcel #32821005334022
Source: SparkMLS
Legal Description
LOT 1354 ROBERT OAKMAN LAND COS AVIATION FIELD SUB NO 2
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jimmy Berry
Berkshire Hathaway HomeServices Kee Realty Bham
Frequently Asked Questions about 7261 Reuter Street, Dearborn, MI 48126
What school district is 7261 Reuter Street, Dearborn, MI 48126 in?
Per MLS# 20261020388, this property is served by Dearborn. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20261020388, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261020388, the most recent reported annual property tax for 7261 Reuter Street, Dearborn, MI 48126 is $4,248. 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.
Is 7261 Reuter Street, Dearborn, MI 48126 eligible for USDA financing?
Per USDA Rural Development boundary data, 7261 Reuter Street, 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 7261 Reuter Street, Dearborn, MI 48126 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
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.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
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Monthly payment$3,502
Principal & interest$3,502
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
7261 Reuter Street, Dearborn, MI 48126
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Municipality
Dearborn
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County
Wayne County
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