7622 Steadman Street

About this home

Don't miss the opportunity to own this extensively updated 3-bedroom home, featuring a finished basement, three fully renovated bathrooms, and two modern kitchens, perfect for multi-generational living or additional rental income. The home also boasts updated flooring throughout, a new furnace, and a new AC system for year-round comfort. The second floor offers three spacious bedrooms with the potential office space. Ideally located close to shopping, within walking distance to Oakman Elementary School, and providing bus service to Dearborn High School, this home combines convenience with modern living.

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 $299,900, or $140 per square foot, 10% below the city median, and has been on the market 1 day. 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 $2,596 a year. A buyer who lives here would pay about $4,860 to $7,704 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

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