1831 Ferney Street
Dearborn, MI 48120
Unimproved Land · MLS # 20261055407 · Listing courtesy of Genius Realty
About this home
***** WONDERFUL OPPORTUNITY TO OWN THIS VACANT LOT (35 X 110) LOCATED IN THE SOUTH END AREA OF DEARBORN JUST SOUTH OF DIX AVE ***** PRICED BELOW SIMILAR LOTS IN THE AREA THIS PROPERTY WOULD BE PERFECT FOR YOUR NEW CONSTRUCTION HOME, INVESTMENT OR FUTURE DEVELOPMENT PROJECTS. THE PROPERTY IS CLOSE TO SCHOOLS, SHOPPING, RESTAURANTS AND FREEWAYS. THE DATA PROVIDED IS ESTIMATED AND BUYERS AND/OR AGENTS ARE TO VERIFY ALL INFO. LA IS SELLER. ***** BOUNDARY SURVEY HAS BEEN COMPLETED AND AVAILABLE FOR YOUR CONVENIENCE. LOT IS 100% BUILDABLE PER THE CITY! ***** SELLER WILL CONSIDER REASONABLE LAND CONTRACT OFFERS *****
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 $39,800, and has been on the market 90 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 $298 a year. A buyer who lives here would pay about $228 to $1,022 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, 7:49 PM.