5722 N Silvery Lane
Dearborn Heights, MI 48127
Single Family Residence · MLS # 20261064927 · Listing courtesy of Metropolitan Real Estate
About this home
Great investment opportunity in North Dearborn Heights for someone looking to build some sweat equity. This cozy vinyl ranch features an updated forced air furnace, central air, ceiling fans, copper plumbing, vinyl windows and a first floor laundry room. The ome also features a fenced rear yard and a one car detached garage. This home is being sold as-is sale, the city sale inspection report is attached to dcocuments, buyer is to assume repairs. All information is estimated, interested parties to verify all information prior to closing. No asigns.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Dearborn Heights
Over the last 90 days, 168 homes sold in Dearborn Heights for a median of $214,750, about $150 per square foot, and the typical one went under contract in 15 days. This home is listed at $145,000, or $200 per square foot, 33% above the city median, and has been on the market 47 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 $3,039 a year. A buyer who lives here would pay about $1,610 to $3,843 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
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