01 Hanover Street
Dearborn Heights, MI 48125
Land · MLS # 58050215502 · Listing courtesy of Keller Williams Realty Lakeside
About this home
Whether you're looking to build your dream home, expand your investment portfolio, or secure land for future development, this vacant parcel offers outstanding potential. Situated in an established area with convenient access to schools, shopping, restaurants, parks, and major highways. This property combines the benefits of suburban living with easy access to the greater Detroit metro area.
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Dearborn Heights
Over the last 90 days, 169 homes sold in Dearborn Heights for a median of $212,500, about $150 per square foot, and the typical one went under contract in 15 days. This home is listed at $24,000, and has been on the market 0 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Dearborn Heights sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $437 a year. A buyer who lives here would pay about $653 a year once the taxable value resets after the sale, at the 2025 homestead rate of 50.14 mills for Dearborn Heights City and Dearborn Heights schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Dearborn Heights
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