1500 Sherwood Court
Dearborn, MI 48124
Single Family Residence · MLS # 20261053199 · Listing courtesy of The Virtual Realty Group
About this home
Sitting on a quiet, tree-lined street in Dearborn, this very well maintained ranch is the ultimate turnkey gem! Ideal for healthcare professionals, first-time home buyers, or investors, this home pairs solid construction with energy-efficient modern upgrades. Step into a light-filled layout featuring modern flooring, a crisp neutral color palette, and a beautifully refreshed kitchen and bath. The finished basement significantly expands your functional space—perfect for a rec room, home office, or guest suite. Major efficiency updates—including blown-in attic insulation, low-E vinyl windows, an Andersen storm door, and glass-block basement windows—keep utility costs low year-round. Complete with fresh, manicured landscaping and an unbeatable location within walking distance of Corewell Health Hospital, "The Hill" shopping district, and quick expressway access. Immediate/fast possession available—move right in! Buyer/Buyer Agent to verify all info
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Dearborn
Over the last 90 days, 230 homes sold in Dearborn for a median of $272,500, about $156 per square foot, and the typical one went under contract in 9 days. This home is listed at $280,000, or $151 per square foot, 3% below the city median, and has been on the market 114 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Dearborn sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $5,145 a year. A buyer who lives here would pay about $3,925 to $7,193 a year once the taxable value resets after the sale, at the 2025 homestead rate of 50.87 mills for Dearborn City and Dearborn 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
IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Nov 14, 2026, 12:00 PM.