24987 Joy Road
Dearborn Heights, MI 48127
Single Family Residence · MLS # 20261085488 · Listing courtesy of EXP Realty Main
About this home
Investor opportunity in Dearborn Heights! This 2 bedroom, 1 bath ranch offers approximately 974 sq. ft. of above-grade living space, a full unfinished basement, detached 1-car garage, and an 8,000 sq. ft. lot. The property offers a functional layout with plenty of potential and is ready for renovation and updates. Conveniently located near major roads, shopping, dining, and local amenities. Bring your vision and transform this property into a great investment or future home *** Property sold “As-is.” Buyer and/or buyer’s agent responsible for verifying all information deemed relevant by the prospective buyer, including but not limited to square footage, acreage, utilities, taxes, zoning, permitting, condition, school zones, HOAs, etc.
Interior
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 $153,000, or $157 per square foot, 5% above the city median, and has been on the market 22 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 $3,612 a year. A buyer who lives here would pay about $2,795 to $4,055 a year once the taxable value resets after the sale, at the 2025 homestead rate of 52.48 mills for Dearborn Heights City and Crestwood 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
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, 12:20 PM.