24434 Penn Street
Dearborn, MI 48124
Single Family Residence · MLS # 20261089045 · Listing courtesy of Front Page Properties
About this home
Welcome to 22434 Penn! This charming 3-bedroom, 1.5-bath bungalow offers a wonderful blend of character that has been meticulously maintained and well-loved. Step inside to find beautiful wood floors and inviting living spaces with plenty of room to make yourself at home. The kitchen features stainless steel appliances and provides convenient access to the backyard wood deck—perfect for enjoying your morning coffee or relaxing outdoors. An additiona room off the living room provides flexible living space and could easily serve as a home office, library, hobby room, or whatever best suits your needs. A spacious upstairs bungalow bedroom with plenty of room to spread out. Downstairs, you'll find a waterproofed basement offering additional space and storage, along with plenty of potential to customize to your needs. Separate laundry room, half bath and updated mechanicals. Conveniently located near local restaurants, shopping, and major expressways.
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 $189,999, or $106 per square foot, 32% below the city median, and has been on the market 2 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 $3,347 a year. A buyer who lives here would pay about $2,299 to $4,881 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
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