726 S Military Street

About this home

This property is back on the market. Only due to the inability of the buyer to sell their property. This is a great opportunity to live in this cozy 2 bedroom, 1 bath senior (55+) co-op nestled in the heart of West Dearborn! This inviting home features a full basement with ample storage, beautifully refinished hardwood floors, central air conditioning, and ceiling fans for added comfort. The kitchen comes fully equipped with all appliances, making it move-in ready. Additional highlights include the much desired walk-in shower, convenient tilt-in vinyl windows, glass block basement windows and copper plumbing. Enjoy a fantastic location close to shopping, restaurants and everyday conveniences. There is an assigned parking space #7 located out of the buildings rear door. The roof on the whole complex is only 2 years old.The monthly HOA includes water, building maintenance, building insurance, lawn care, snow removal and ALL TAXES. This is an owner occupied complex (no rentals). Buyer is responsible for the co-op closing fee, co-op cash at closing, and is required to have a meeting with board members to go over rules prior to closing. Beautifully maintained grounds help to make this a comfortable home in a great location-don’t miss the opportunity to make it yours! Seller to provide C of O at closing. BATVAD. Buyers agent must have Sentrilock access.

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 $89,900, or $102 per square foot, 35% below the city median, and has been on the market 8 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 $1,589 a year. A buyer who lives here would pay about $1,632 to $2,309 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 and HOA when listed. Ask us for a lender quote.

Location

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