Sold
7931 Payne Street, Dearborn, MI 48126
Sold on 12/02/2025 for$135,000
MLS # 20251034407 (Realcomp)
2 beds1 bath800 sqftBuilt 19290.12 acres
1 / 12
Listing Description
A golden opportunity in this 2 bedroom ranch home in Dearborn. Fully updated in 2023. Selling agent or purchaser to verify data. land contract is available with 0% interest rate for a $170,000 as purchase price. subject property is currently up to city code. Certificate of occupancy is ready.
Source: SparkMLS
About this home
2-bedroom, 1-bath, 800 sq ft home in Dearborn in Dearborn built in 1929.
Closed at $135,000 (about $169/sq ft).
Property tax estimate: $3,133 per year ($261/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Broadband is available with download speeds up to 2,000 Mbps from 9 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Living Area800 sqft
Lot Size0.12 acres
Year Built1929
Stories1
Location
CityDearborn
MunicipalityDearborn City
Zip Code48126
CountyWayne
School DistrictDearborn
Construction & Systems
ConstructionAluminum Siding
HeatingForced Air
SewerPublic
Sale & Financing
Listed9/7/2025
Sold Date12/1/2025
Original Price$153,000
Terms AcceptedCash, Conventional, FHA, Land Contract
Source: SparkMLS
Tax Information
Annual Tax$3,133
Parcel #32821006304025
Source: SparkMLS
Legal Description
LOT 651 ROBT OAKMAN LAND COS WARREN GROVE SUB
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Tarek M Sobh
RE/MAX Team 2000
Frequently Asked Questions about 7931 Payne Street, Dearborn, MI 48126
What school district is 7931 Payne Street, Dearborn, MI 48126 in?
Per MLS# 20251034407, this property is served by Dearborn. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 7931 Payne Street, Dearborn, MI 48126?
Per MLS# 20251034407, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, Land Contract. 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# 20251034407, the most recent reported annual property tax for 7931 Payne Street, Dearborn, MI 48126 is $3,133. 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 7931 Payne Street, Dearborn, MI 48126 eligible for USDA financing?
Per USDA Rural Development boundary data, 7931 Payne 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, 7931 Payne 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.
Is fiber internet available at 7931 Payne Street, Dearborn, MI 48126?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 7931 Payne Street, Dearborn, MI 48126. The maximum advertised download speed is 2.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
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. 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
Mortgage Calculator
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Monthly payment$907
Principal & interest$907
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
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
7931 Payne Street, Dearborn, MI 48126
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Municipality
Dearborn
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County
Wayne County
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